September 11, 2023
“Grocery giants Kroger and Albertsons announced their plan to sell more than 400 stores and other assets in connection with a $24.6 billion merger proposed last fall, seeking to clear a path for the grocery chains to unite forces… It continued:… Continue Reading…
September 11, 2023
“The trial in a landmark antitrust case against Google is scheduled to start on Tuesday in Washington district court over charges of monopolizing the online search space… The justice department has accused Google of using its market power to unfairly lock out… Continue Reading…
September 11, 2023
“Qualcomm QCOM +2.76% will supply Apple with 5G chips for its iPhone launches across the next three years, the company said Monday, a move that has buoyed the chip maker’s shares following decli…” https://finance.yahoo.com/m/b6a90adb-7cdd-3baa-a5c5-7162ce33aa10/qualcomm-stock-jumps-it-will.html
September 8, 2023
“General Motors on Thursday made a counterproposal to the union representing its U.S. hourly workers in a bid to avoid a costly strike, but United Auto Workers President Shawn Fain called the offer “insulting.” The largest U.S. automaker said it… Continue Reading…
September 8, 2023
“Kroger on Friday said it has agreed to pay $1.2 billion to U.S. states, local governments and Native American tribes to settle the majority of claims that it fueled the opioid epidemic through lax oversight of its pill sales. The settlement would allow for “full resolution” of… Continue Reading…
September 8, 2023
“Generally, the inventory losses are only a small fraction of the retailers’ net sales. They also pale in comparison to other factors squeezing margins, such as excessive discounting and promotions, according to a CNBC analysis of their balance sheets. While… Continue Reading…
September 7, 2023
“AMC (AMC) Entertainment stock tanked more than 20% on Wednesday morning after the cinema chain announced plans to sell up to 40 million shares. The company said it plans to use the proceeds “to bolster liquidity, to repay, refinance, redeem or… Continue Reading…
September 7, 2023
“… Nearly 1 in 3 say a salary between $50,000 and $99,999 would suffice, the survey of over 4,300 adults found. Still, 52% of Americans say they would require at least $100,000 a year to be financially comfortable, with 26% saying… Continue Reading…
September 7, 2023
“Almost half — 46% — of 401(k) investors don’t know what investments are in their workplace retirement plan, according to a new CNBC Your Money Survey, conducted by SurveyMonkey… Almost 59% of employers sponsoring a 401(k) plan used auto-enrollment in 2021, up… Continue Reading…
September 6, 2023
“…With food and energy costs on the rise, the pace of annual price gains soared to 58.9% last month from almost 48% in July, according to Turkey’s statistical office. The median estimate in a Bloomberg poll of economists was 55.9%.… Continue Reading…
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