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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

The suspect in Thursday's school shooting in Santa Clarita, California, that killed two victims and injured three others died on Friday, a sheriff's office homicide official confirmed to ABC News. Scripps has learned the identity of the suspect, but is not naming the suspect at this time. The suspect reportedly turned 16 on Thursday. The suspect was hospitalized on Thursday following the shooting due to a self-inflicted gunshot wound. Hospital officials said the 16-year-old suspect was in grave condition. The suspect was a junior at Saugus High School, the site of Thursday's shooting. Students Gracie Muehlberger and Dominic Blackwell were also killed during Thursday's shooting. 698

The parents of Otto Warmbier, Fred and Cindy Warmbier, will have dinner at the White House on Saturday night with President Donald Trump and Richard Grenell, the US ambassador to Germany, according to two administration sources.Otto Warmbier was an American college student who was held prisoner for 17 months by Pyongyang and died shortly after he was returned home in a comatose state in 2017.It's unclear how Saturday's dinner was planned and whether anyone else will join them. A spokesman for the National Security Council did not provide a comment.Grenell has been in Washington for the last few days and is one of the many contenders eyeing the national security adviser job, the sources say. But this dinner was planned before John Bolton was fired earlier this week.Grenell met with the Warmbiers when they visited Germany in August. He posted a photo of himself with Cindy Warmbier and his own mother on Instagram."Today I introduced Otto Warmbier's mother Cindy to my mom, Judi. Cindy is focused on bringing some justice to her family - and we are ready to help," Grenell wrote in his caption for the photo.After a second summit with Kim Jong Un in Hanoi, Vietnam, earlier this year, Trump said he does not hold the North Korean dictator responsible for Warmbier's death.The Warmbiers rejected Trump's remark."We have been respectful during this summit process. Now we must speak out. Kim and his evil regime are responsible for the death of our son Otto. Kim and his evil regime are responsible for unimaginable cruelty and inhumanity. No excuses or lavish praise can change that. Thank you," the Warmbiers said in a statement at the time.Earlier this week Trump criticized Bolton for earlier comments he had made regarding North Korean denuclearization that angered Kim Jong Un."He's using that to make a deal with North Korea? And I don't blame Kim Jong Un for what he said after that, and he wanted nothing to do with John Bolton. And that's not a question of being tough. That's a question of being not smart to say something like that," Trump said. 2077

The pictures are horrific, and the stories behind the devastating crashes are heartbreaking.In one accident, 17-year-old Annaleah and 13-year-old Mary died in the backseat of their car, after a truck hit them and pushed the car underneath a tractor-trailer. Their mother, Marianne Karth, is haunted by it. “It's a very devastating crash. It's like the most devasting you can have,” Karth says. Lois Durso also lost her 26-old-daughter, Roya, in one of these same types of crashes.“Her hair was on the tires of the trailer, so we know it crushed her,” Durso recalls. Eric Hein experienced a similar tragedy. His 16-year-old son, Riley, died on his way to marching band practice after getting trapped underneath a tractor-trailer truck.“He went underneath the trailer,” Hein recalls. “His car got dragged for half a mile until it was engulfed in flames, and the fire killed him.” Tragedy brought all three parents together. Now, perseverance pushes them forward as they take steps to prevent these types of crashes. Karth and Durso organized a crash test in Washington, D.C. just weeks after members of Congress reintroduced the Stop Underrides Act, which would update and strengthen safety laws, including requiring tractor trailers to have guards on the sides to help prevent cars from ending up underneath them.“Seeing is believing, and for them to witness with their own eyes and own ears and to have it be something they see,” Karth says of their crash test. “Crash into the side of the trailer with a side guard and without to see the life and death difference.” Past legislation has stalled, but the parents hope this dramatic demonstration will be enough to get Congress to take action. Tests have shown when installed properly, guards can make a difference and keep cars from sliding underneath trailers. “It's not the crash that kills, it's the underride,” explains Durso. “If you can prevent the underride, there's a chance the vehicle occupants will survive.” Groups representing the trucking industry have concerns about the cost and say the guards add extra weight and can impact how tractor trailers can maneuver. However, parents say those concerns will not slow down their effort and they remain driven to save lives. “I lost my son. I don't want somebody else to go through this tragedy. These are preventable deaths,” says Hein. 2357

Those who live in El Paso, Texas—a city that lives on the U.S. and Mexico borders—describes their home as a loving place.“Everybody knows everybody, seems that way,” says resident Ruben Vuentes. Vuentes says the people of El Paso are not close-minded. Resident Alicia Brown shares the same sentiment. She says she’s never felt out of place because of the color of her skin. “There’s no racism here,” she says. “I don’t feel it. I’ve never felt it in all my life.”Now, those living in the close-knit community are trying to heal after a gunman killed 22 people and injured dozens of others Saturday at a local Walmart. Police say the 21-year-old white, male suspect is believed to be the author of a racist, anti-Hispanic 2,300-word document found online. Police say the manifesto was filled with white nationalist language and blamed immigrants for taking away jobs. El Paso has found itself at the center of the Trump administration’s hardline stance on immigration due to its proximity to the border. Marisa Limon Garza with the Hope Border Institute says the community is family and that include El Pasoans and Mexican nationals, just across the border in Juarez. “These border lands, these fences, these structures, are things that were imposed on us,” she says. But this has been a binational community for so long, and it’s one we find great beauty in.”It’s a melting pot of immigrants and Mexican nationals, and the community sees it as an asset. “This city is surviving because of the people coming from Juarez, says Brown. “What people don’t realize is they are part of this economy. The people that were at Walmart, they were shopping for clothes, school supplies, just like all of us.”Brown says when the shooting happened, she did worry the community—this family—might have been shattered. But that isn’t the case.“Because really, he didn’t; he brought us together. He united us,” Brown says of the shooter. 1931