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    Kroger and Albertsons are spending billions to reward shareholders after their blocked merger

    by December 15, 2024
    by December 15, 2024

    Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move…

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  • Investing

    Top liquor distributor favored Costco and Kroger over small businesses, FTC says

    by December 13, 2024
    by December 13, 2024

    The Federal Trade Commission in a new lawsuit accuses the largest U.S. distributor of wine and spirits of illegal price discrimination that…

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  • Investing

    Star real estate agents Alexander brothers arrested in Miami after sex assault claims

    by December 12, 2024
    by December 12, 2024

    Federal prosecutors accused top real estate agents Tal and Oren Alexander and their brother, Alon, of drugging and raping “dozens of victims” over more than…

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  • Investing

    Albertsons sues Kroger after judge rules against grocery merger

    by December 11, 2024
    by December 11, 2024

    Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated…

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  • Investing

    Macy’s confirms rogue employee hid $151 million in expenses over three years

    by December 11, 2024
    by December 11, 2024

    A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy’s…

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  • Investing

    Judge blocks Albertsons-Kroger $25 billion supermarket merger

    by December 11, 2024
    by December 11, 2024

    A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival…

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  • Investing

    How the Olympics helped transform Salt Lake City into a tech hub

    by December 11, 2024
    by December 11, 2024

    Salt Lake City has grown from a winter sports venue to a vibrant technology hub in just two decades, leveraging…

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  • Investing

    How the New York Mets can justify paying one player $765 million

    by December 11, 2024
    by December 11, 2024

    Earlier this year, Steve Cohen laid out his principles as the owner of the New York Mets, saying it was…

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  • Investing

    Women’s basketball league Unrivaled signs uniform deal with Under Armour

    by December 11, 2024
    by December 11, 2024

    The pieces are coming together for the startup basketball league Unrivaled. The 3×3 women’s hoops league announced Tuesday that it…

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  • Investing

    OpenAI releases Sora, its buzzy AI video-generation tool

    by December 10, 2024
    by December 10, 2024

    OpenAI said Monday it’s releasing its buzzy AI video-generation tool, Sora, later in the day. The AI video-generation model works…

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