Supermarket Chain Kroger Post Strong Quarterly Earnings

Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger

Kroger and Albertsons announced a divestment deal to sell more shops to C&S Wholesale Grocers to get government permission for a merger.


FTC Sues to Block $8.5 Billion Merger of Coach and Michael Kors Handbag Makers

The Federal Trade Commission (FTC) has taken legal action to block Tapestry's $8.5 billion acquisition of Capri Holdings Limited, the parent company of Michael Kors.

JD Sports to Acquire US Retailer Hibbett for $1.08 Billion Amid Expansion

JD Sports, the UK's largest sportswear retailer, plans to buy Hibbett shares at $87.50 each in cash.

FTC Sues to Block Tapestry's $8.5 Billion Takeover of Capri Holdings in Massive Luxury Fashion Merge

The Federal Trade Commission filed a lawsuit on Monday to halt Tapestry Inc.'s $8.5 billion acquisition of Capri Holdings, which would unite the Coach, Kate Spade, and Michael Kors brands.


Latest News

Cisco Completes $28 Billion Acquisition of Splunk Without Being Blocked by Antitrust Regulators
Cisco introduces a cutting-edge security system that harnesses the power of AI, following its acquisition of Splunk in a massive $28 billion agreement.
Disneyland Moves Closer to Expansion Plans as Anaheim City Council Approves $1.9 Billion Project
The Anaheim City Council has given the green light to Disneyland Forward, the Walt Disney Company's ambitious plan to expand its iconic theme park.
The activists criticized the company for its contract with the Israeli government, accusing it of contributing to what they perceive as a genocide amid Israel's bombing campaign in Gaza.
United Airlines Slashes Reliance on Boeing Planes After Reporting $124 Million Loss
United Airlines has revised its aircraft-delivery expectations for the year due to delays from Boeing.
Did Disney Send Kids to Jeffrey Epstein's Island for Snorkeling? Fake Viral Video Spread on TikTok, X
There have been claims circulating on social media in recent weeks regarding Disney's alleged acquisition of Jeffrey Epstein's island. However, the claims, despite gaining significant attention on platforms such as TikTok and X, are fake.
Stuff, Newshub Reach Deal to Save TV News, Provide New-Look Bulletin
The 6pm TV3 news has been saved, undergoing a complete transformation and will be provided by rival media company Stuff following the closure of Newshub in early July.
EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.
Paramount, Skydance Merger Negotiations Abandoned Due to Shareholder Dispute
Four board members of Paramount Global are reportedly planning to leave the company as merger discussions with Skydance Media heat up.
US, Japan Vow New Collaboration to Push for Next Generation Nuclear Power
The United States and Japan have recently unveiled a collaborative effort aimed at accelerating the advancement and implementation of nuclear fusion technology.
Russia's Oil-Gas Giant Zarubezhneft Seeks to Invest in Vietnam's Offshore Wind Power
Russian oil-gas giant Zarubezhneft expressed its interest in expanding its presence in Vietnam by venturing into offshore wind power projects.
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