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The owner of Schick razors needs to close the gap with Gillette, its biggest rival. So it's turning to new blood to make that happen.Edgewell Personal Care is buying the upstart razor maker Harry's, the two companies announced Thursday. The deal values Harry's at nearly .4 billion.Harry's started in 2013 and quickly expanded by selling low-priced razors online. Edgewell, meanwhile, owns some of the most established brands in the field — including Schick, which started in 1921. Edgewell also owns Wilkinson Sword, a major European brand that has been making razors since 1898.But Edgewell trails its main rival, Gillette, by a large margin. Gillette is a unit of Procter & Gamble, and accounted for about 10% of that company's .8 billion in revenue — about billion — last year. By comparison, Edgewell reported .2 billion in revenue during its most recent fiscal year.Sales for the first six months of this year fell 7% compared to a year earlier, Edgewell reported Thursday. But CEO Rod Little told investors that the company expects revenue to rise to .7 billion in its first full fiscal year after it acquires Harry's. The deal is expected to close early next year.Little said Edgewell was drawn to Harry's success with building a brand and marketing directly to consumers."We've been talking about it for a while," he said on an earnings call. "And when you look at what Harry's has done, we've looked at that from afar for a long time," he told investors."The deal also could help Harry's cut costs. Despite its success, Little said the business is only approaching the breakeven point this year.Investors didn't immediately embrace the purchase. Shares of Edgewell fell nearly 13% in midday trading Thursday.Harry's founders Andy Katz-Mayfield and Jeff Raider will stay on to run the combined companies' US business. Raider was also one of the founders of the eyeglass maker Warby Parker. The two of them had been friends since college.Harry's is not the first razor startup to be acquired by a more established company.In 2016, Unilever bought 2083

There really have been a couple of creepy stories in recent days about hackers breaking into people’s Ring security cameras.“There is actually a channel that someone has put together, like a YouTube channel, of hacked-into security cameras,” says Bob O’Donnell, the president of TECHnalysis Research. “And they’re trying to do it for fun and they’re harassing the people. I mean, it’s really sick.”O’Donnell says it’s not likely this has anything to do with security camera system, but rather how the owner sets them up. “People who are just using the basic default settings or doing no password because the convenience of wanting to get in there to change their settings, are leaving themselves open for people to come in from the outside,” the tech expert says.Hackers often reuse stolen or leaked credentials. They could get the info from past data breaches that expose usernames and passwords that people use on multiple devices.O’Donnell says people should change their security camera passwords regularly and set up two-factor authentication.“Basically, it means the equivalent of like a fingerprint scan and a password or a hardware key and a password, or a facial scan and a fingerprint,” O’Donnell says. “Bottom line is it’s two different things you need to get into to access your account.”O’Donnell says the bottom line is security cameras do bring peace of mind and convenience when they’re managed properly. 1433

The Trump administration is considering building temporary courts along the southern border as part of an effort to expand its policy of returning some asylum seekers to Mexico for the duration of their immigration proceedings, according to two administration officials.The US 289

This is the damage that a Deputy’s vehicle sustained during the shooting incident on Waterfowl Lane in Huger. BCSO is preparing to do a press conference now. #chsnews pic.twitter.com/mHxWdPz1iK— Berkeley Co Sheriff (@BerkCoSheriff) February 26, 2019 261

The Scenic Drive and Visitor Center will be closed this morning, but you can enjoy this snow from almost anywhere in Las Vegas right now! pic.twitter.com/BepCSA4GsF— Red Rock Canyon LV (@RedRockCynLV) February 21, 2019 230