Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri Holdings fell after they called off their planned merger over ongoing legal challenges.

Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.

Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed combination of the US fashion companies due to antitrust regulators’ objections.

Gregg Popovich, the NBA’s all-time winningest coach, suffered a mild stroke on November 2, the San Antonio Spurs said Wednesday.

Claudio Ranieri has been appointed as the new the head coach of Roma. The Athletic reported earlier this week that Ranieri was in talks to take over at the Serie A side, having previously announced his retirement from coaching after steering Cagliari to safety at the end of last season.

Claudio Ranieri was named Roma’s third coach of the season on Thursday, taking over for the fired Ivan Juric at the crisis-hit club. It’s the 73-year-old Ranieri’s third time coaching his hometown club,

The Atlanta Dream are the latest WNBA team to make a new coaching hire this offseason, and in a surprise twist they've lured Florida Gulf Coast's Karl Smesko from the collegiate ranks. Smesko's departure is a major blow to FGCU,