Michaels completes acquisition of Joann’s intellectual property and fan-favorite labels - Boston.com

Last Updated: 02.07.2025 14:59

Michaels completes acquisition of Joann’s intellectual property and fan-favorite labels - Boston.com

In this April 24, 2020 file photo, customers lineup outside a Michaels store in Houston. (AP Photo/David J. Phillip, File) AP

By WYATTE GRANTHAM-PHILIPS, Associated Press

June 7, 2025

Why is the trade war between the United States and the rest of the world keeping on escalating, with US goods facing brutal boycotts from the global economy? Isn’t this horrific for US companies whose earnings and stocks are already collapsing?

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