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Judge blocks Albertsons-Kroger $25 billion supermarket merger

December 12, 2024
A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling…
Investing

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

December 12, 2024
Salt Lake City has grown from a winter sports venue to a vibrant technology hub in just two decades, leveraging the legacy…
Investing

Albertsons sues Kroger after judge rules against grocery merger

December 12, 2024
Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its contract…
Investing

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

December 12, 2024
A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy’s said Wednesday….
Economy

China vows to issue more debt, cut interest rates next year

December 12, 2024
By Ellen Zhang and Kevin Yao BEIJING (Reuters) – China pledged on Thursday to increase the budget deficit, issue more debt and…
Economy

India’s October industrial output at 3-month high of 3.5% y/y

December 12, 2024
NEW DELHI (Reuters) – India’s industrial output rose 3.5% year-on-year in October, government data showed on Thursday. Economists polled by Reuters had…
Economy

Trump crypto venture partners with platform linked to Middle East militants

December 12, 2024
(Reuters) – A crypto venture recently unveiled by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has…
Economy

Pope Francis calls for new global accords on debt, military spending

December 12, 2024
By Joshua McElwee VATICAN CITY (Reuters) -Pope Francis called on Thursday for new international agreements to reduce the debt burden faced by…
Economy

India’s November retail inflation eases, boosts rate cut hopes

December 12, 2024
By Nikunj Ohri NEW DELHI (Reuters) -India’s retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest…
Stock

Parnassus Investments launches its first sustainable ETFs

December 12, 2024
By Suzanne McGee (Reuters) – Parnassus, one of the largest asset managers to offer products tied to environmental, social or governance considerations,…
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