Editor's Pick
Trump and Japan tech conglomerate SoftBank announce $100 billion in U.S. investments
President-elect Donald Trump and the head of Japanese tech conglomerate SoftBank, Masayoshi Son, will announce a $100 billion investment effort...
Former Ozy Media head sentenced to nearly 10 years in prison
The former head of Ozy Media has been sentenced to 10 years in prison for his role in an alleged...
From Chili’s to burger chains, here are the restaurant industry winners and losers in 2024
A rocky year for restaurants separated the industry’s biggest chains into winners and losers, as eateries competed for a smaller...
McKinsey & Co. to pay $650M to settle opioid consulting probe, ex-partner to plead guilty
McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into...
Kroger and Albertsons are spending billions to reward shareholders after their blocked merger
Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move...
Top liquor distributor favored Costco and Kroger over small businesses, FTC says
The Federal Trade Commission in a new lawsuit accuses the largest U.S. distributor of wine and spirits of illegal price discrimination that...
Star real estate agents Alexander brothers arrested in Miami after sex assault claims
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...
Albertsons sues Kroger after judge rules against grocery merger
Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated...
Macy’s confirms rogue employee hid $151 million in expenses over three years
A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy’s...
Judge blocks Albertsons-Kroger $25 billion supermarket merger
A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival...
