Albertsons’ lawsuit said the rival grocery company failed to exercise its best efforts to win regulatory approval for the $20 billion deal.
Category: News
The Onion’s Bid for Infowars Rejected in Bankruptcy Court
A judge ruled that the trustee charged with auctioning off the assets of Infowars’ parent company didn’t maximize value for creditors.
Exxon Mobil Targets 10% Annual Earnings Growth Through 2030
The biggest U.S. oil company laid out a six-year strategic plan in which it it plans to grow earnings at a compound annual growth rate […]
JetBlue’s Turnaround Plan: First-Class Seats and Fewer Routes
The New York-based airline is returning to its leisure-travel origins after plans to buy now-bankrupt Spirit were thwarted.
Energy & Utilities Roundup: Market Talk
Read about Sembcorp, China Oilfield Services and more in the latest Market Talks covering Energy and Utilities.
Basic Materials Roundup: Market Talk
Find insight on Endeavour Mining, South32 and more in the latest Market Talks covering Basic Materials.
Auto & Transport Roundup: Market Talk
Find insight on Contemporary Amperex Technology, Transurban and more in the latest Market Talks covering the Auto and Transport sector.
Adidas Confirms Raids Relating to Imports Investigation
The sportswear maker said some of its locations in Germany were searched in connection with an investigation into customs and tax-import compliance.
Macy’s Probe Found Employee Acted Alone in $151 Million Accounting Scandal
Macy’s has completed its investigation into accounting problems and found that a single employee’s mistake and coverup created $151 million in false bookkeeping entries.
Vestas to Cut Jobs at U.K. Factory
Vestas Wind Systems could cut hundreds of jobs at its Isle of Wight factory as it plans to repurpose the site to manufacture onshore turbine […]