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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 its contract…
Investing

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 said Wednesday….
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House passes nearly $1 trillion defense spending bill, adding to US debt of $36 trillion

The House voted to pass its yearly defense bill Wednesday, adding about another $1 trillion to the $36 trillion national debt. The…
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Kari Lake nominated as Trump’s pick for director of Voice of America broadcast

President-elect Trump tapped Kari Lake as the next director of the Voice of America, a state-funded U.S. government broadcaster. ‘I am pleased…
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Trump announces more nominations, including Kari Lake as director of Voice of America broadcast

President-elect Donald Trump nominated a few more candidates on Wednesday night to serve in various positions during his second term. He tapped…
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Trump says Ric Grenell will be ‘high up’ in administration after report says ex-intel chief will be Iran envoy

President-elect Donald Trump described Richard ‘Ric’ Grenell, his former acting director of National Intelligence, as a ‘fabulous person’ and ‘A STAR’ in…
Latest News

Trump allies turn up the heat on GOP Senate holdouts in nomination battles

As President-elect Trump and his transition team steer his cabinet nominees through the landmines of the Senate confirmation process, top MAGA allies…
Economy

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

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

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

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