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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

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

The remains of Maleah Davis have been identified, authorities said Monday.Located in Arkansas on Friday during a search, the remains now have been positively identified as those of the missing 4-year-old girl, the Harris County Institute of Forensic Sciences said.The cause and manner of her death are still pending, according to the forensic institute.Maleah was reported missing in early May by her mother's former fiancé, Derion Vence. Vence initially told police that Maleah had been abducted by a group of men -- but investigators found signs of decay in his car and blood evidence in his apartment.Earlier Friday, Houston police had said child remains found in a bag in southwest Arkansas might belong to Maleah. 730

Timothy Williams, best known as the pitchman for travel site "Trivago," was arrested this week after Houston police say they found him passed out behind the wheel of a car in traffic."He was passed out with his foot on the brake in a moving lane of traffic," said Houston Police spokeswoman Jodi Silva. Police got the call Wednesday afternoon.Williams failed a field sobriety test and submitted to a blood draw, she said.He was charged with misdemeanor driving while intoxicated and his bail was set at 0.When asked about Williams' arrest, a Trivago spokesperson told CNN in a statement: "At this stage, we do not have the full details of the situation, but we want to make clear that Trivago treats such incidents very seriously and strongly condemns drinking and driving, which poses a risk to others and goes against the Trivago culture."CNN has also reached out to Williams and is waiting on a response.Williams has had acting roles on "The Cosby Show" and "Law and Order." But he shot to fame as the rough-and-tumble pitchman for "Trivago."In later ads, he came across as more polished -- his hair nicely tousled and a fashionable touch of facial stubble. 1175

The Palm Beach County Sheriff's Office says at least five people are dead following a plane crash in Florida near Pahokee airport at 3800 S.R. 715.Palm Beach County Fire Rescue said a twin-engine Piper aircraft went down in Lake Okeechobee while approaching the Pahokee Airport at around 3:30 p.m.The aircraft when down just north of the airport, about 400 yards from shore.The flight departed from Tampa International Airport, according to the FAA. Officials at the airport said the plane was at Sheltair Aviation's hangar. PBSO said one person was seen swimming away from the airplane, but has not been located.Palm Beach County Fire Rescue divers are currently searching in the water, the sheriff's office said.The FAA issued an Alert Notice triggering the search for the twin-engine Piper Aircraft. 814

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