Judge Ken Schubert of the King County Superior Court in Washington requested a fuller hearing next week on a $4 billion dividend that Albertsons Cos. ACI, +0.93% is seeking to Read more
Tag: Kroger Co.
Here’s why the Federal Reserve let inflation run up to a 40-year high and how it roiled the stock market this week
This has been a topsy-turvy week for investors as Federal Reserve Chairman Jerome Powell pulled the strings in the stock market with a strong dose of reality. As part of Read more
Kroger and Albertsons say their merger will help lower prices for struggling consumers. Not everyone is convinced.
The roughly $25 billion planned merger of Kroger and Albertsons, unveiled in October with much fanfare, promised a new entity that would “serve America with fresh, affordable food.” The deal Read more
Uber to allow marketers to target riders with ads based on destination
Ride-hailing company Uber Technologies Inc. UBER, -1.21% wants to help marketers target consumers with ads based on where they have been and where they are going. Uber announced the new capability as Read more
Kroger unveils $24.6 bln deal to buy smaller grocery chain Albertsons
Kroger has inked a deal with Albertsons to purchase the smaller grocery retailer for $24.6 billion. The acquisition will establish a national footprint “to serve America with fresh, affordable food,” Read more
Baseball Hall of Famer Steve Garvey backs Level Select CBD products as more than just a big name
Steve Garvey, retired Major League Baseball player, Hall of Famer and 1981 World Series Champion, is doing more with CBD topical product line Level Select than your typical famous athlete pitchman. Read more
U.S. stocks close sharply higher, snap 3-week losing streak with gains led by tech-heavy Nasdaq
U.S. stocks ended sharply higher Friday, with all three major benchmarks snapping three straight weeks of losses, as investors appeared to have priced in another jumbo rate hike from the Read more
Beyond Meat’s cash burn is putting the stock at risk of falling to $0, warns New Constructs
Beyond Meat is the latest addition to the list of “zombie stocks” compiled by independent equity research firm New Constructs. The research firm, which uses machine learning and natural language Read more