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    1110 posts
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    Trump and Japan tech conglomerate SoftBank announce $100 billion in U.S. investments

    • December 17, 2024
    President-elect Donald Trump and the head of Japanese tech conglomerate SoftBank, Masayoshi Son, will announce a $100 billion investment effort designed to spur artificial intelligence and related infrastructure projects. The…
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    From Chili’s to burger chains, here are the restaurant industry winners and losers in 2024

    • December 16, 2024
    A rocky year for restaurants separated the industry’s biggest chains into winners and losers, as eateries competed for a smaller pool of customers who have grown more discerning about how…
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    McKinsey & Co. to pay $650M to settle opioid consulting probe, ex-partner to plead guilty

    • December 16, 2024
    McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work advising Purdue Pharma on how to increase sales of its opioid painkiller…
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    Kroger and Albertsons are spending billions to reward shareholders after their blocked merger

    • December 15, 2024
    Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and…
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    Top liquor distributor favored Costco and Kroger over small businesses, FTC says

    • 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 gave large chains — among them Costco, Kroger and Total Wine & More — much…
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    Star real estate agents Alexander brothers arrested in Miami after sex assault claims

    • 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 a decade. The brothers were arrested in Miami Wednesday on…
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    Albertsons sues Kroger after judge rules against grocery merger

    • 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 its contract and didn’t follow through on commitments to help…
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    Macy’s confirms rogue employee hid $151 million in expenses over three years

    • December 11, 2024
    A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy’s said Wednesday. In a statement accompanying its quarterly earnings results,…
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    Judge blocks Albertsons-Kroger $25 billion supermarket merger

    • December 11, 2024
    A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling that the Federal Trade Commission’s concerns about the…
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    How the Olympics helped transform Salt Lake City into a tech hub

    • December 11, 2024
    Salt Lake City has grown from a winter sports venue to a vibrant technology hub in just two decades, leveraging the legacy of the 2002 Winter Olympics to transform into…
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      Popular Topics
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      • WATCH: Trump says he is hopeful Hillary Clinton will be investigated for election fraud
      • Trump moves nuclear submarines weeks after praising sub’s power in Iran strikes
      • Recess on ice as Republicans hunker down for high-stakes nominee blitz
      • Iran says it has ‘plenty of scientists’ left to restart uranium enrichment, despite US, Israeli strikes
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