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Albertsons sues Kroger after federal judge blocks merger
Grocery giant Albertsons called off its nearly $25 billion merger with Kroger after a federal judge temporarily blocked the union Tuesday in an effort to protect consumers from increasing costs. ...CBS News - 6h -
Albertsons Sues Kroger, Terminates Merger After Judge Blocks Supermarket Megadeal
Albertsons’ lawsuit said the rival grocery company failed to exercise its best efforts to win regulatory approval for the $20 billion deal.The Wall Street Journal - 11h -
Albertsons sues Kroger after judge rules against grocery merger
Albertsons filed a lawsuit against Kroger, saying it violated its contract and did not follow through on commitments to help get the deal approved.CNBC - 11h -
Albertsons Gives Up Kroger Bid, Sues the Grocery Chain for Failed Deal
The lawsuit follows two separate Monday rulings blocking what would have been the largest ever grocery chain merger.Inc. - 13h -
Albertsons Backs Out of Merger Deal and Sues Kroger After Court Rulings
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.The New York Times - 9h -
Bank of Canada warns Trump’s tariffs will ‘dramatically’ hit growth
Central bank has slashed borrowing costs five times this year in an effort to combat unemployment and boost growthFinancial Times - 12h -
The case for a global defence bank
Transformative solutions are required to overhaul procurement and expand the pool of available capitalFinancial Times - 14h -
Business leaders warn Reeves about the impact of her Budget tax rises
Banking, energy and transport executives voice concerns in meeting with UK chancellorFinancial Times - 14h -
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 and didn’t follow ...NBC News - 15h -
Albertsons calls off Kroger merger, sues for breach of contract
Albertsons said it is calling off its merger with Kroger and is suing the rival grocery chain for breach of contract.CBS News - 15h -
Albertsons abandons merger and sues Kroger
Albertsons said Wednesday that it has terminated a $25 billion merger agreement with Kroger and will sue the grocery giant, alleging the company didn’t do enough to get the deal done. Judges in ...The Hill - 15h -
Cruz says Daniel Penny should sue Manhattan DA
Sen. Ted Cruz (R-Texas) said Daniel Penny should sue Manhattan District Attorney Alvin Bragg for "malicious prosecution," after the Marine veteran was found not guilty of homicide Monday in the New ...The Hill - 1d -
Inside Salt Lake City's booming banking industry
CNBC takes viewers on a deep dive into Salt Lake City's booming industrial banking sector.CNBC - 1d -
Denmark's Nykredit to Buy Spar Nord Bank
Danish financial services group Nykredit will make a cash bid for Spar Nord Bank in a deal that values the Danish bank at around $3.5 billion.The Wall Street Journal - 1d -
AllianceBernstein to sue Switzerland over $17bn Credit Suisse debt wipeout
US asset manager will join case over decision when UBS took over struggling rivalFinancial Times - 2d -
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New York City Council Sues Adams for Blocking Solitary Confinement Ban
The lawsuit charges that Mayor Eric Adams exceeded his authority when he declared a state of emergency to block a ban on the practice in city jails.The New York Times - 2d -
Special Education Services With a Catch: Parents Are Asked Not to Sue
New York City school officials want families seeking such services to waive their right to sue the Education Department in exchange for receiving them.The New York Times - 5d -
Supreme Court agrees to weigh terrorist victims' bid to sue Palestinian entities
The Supreme Court agreed to hear an unusual case in which Congress intervened to help victims of terrorism sue Palestinian entities.NBC News - 5d -
Comerica Bank abused and neglected customers who relied on prepaid debit cards, watchdog finds
The Consumer Financial Protection Bureau on Friday charged Comerica Bank with abusing and neglecting vulnerable customers who receive federal benefits.NBC News - 5d -
CFPB sues Comerica Bank, alleging it failed to administer federal benefits program
The Consumer Financial Protection Bureau accused the bank of intentionally terminating calls and mishandling fraud complaints.CNBC - 5d -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - 5d -
Jordan Neely’s Father Sues Daniel Penny, Accusing Him of Assault
Andre Zachery claims that Mr. Penny, who put Mr. Neely in a chokehold on a subway train last year, caused his son’s death through “negligence, carelessness and recklessness.”The New York Times - 6d -
How Trump Targeted Undecided Voters Without Breaking the Bank
The Trump team had a huge financial disadvantage. It made up for it with a strategy that allowed it to narrow the focus of its ad dollars.The New York Times - 6d -
NYC subway chokehold victim's father sues Daniel Penny
The father of Jordan Neely, the man who died after a Marine veteran on a New York City subway car put him in a chokehold, has announced a lawsuit against the man facing charges of manslaughter in ...The Hill - 6d -
Rocket Mortgage Sues U.S., Challenges DOJ Discrimination Suit
Rocket Mortgage sued the federal government as part of a challenge to the Justice Department’s recent discrimination lawsuit tying Rocket to the conduct of an appraiser it used.The Wall Street Journal - 6d -
Is the Biden-era blockade on US bank M&A finally over?
Investors and advisers prepare for consolidation among country’s thousands of regional lendersFinancial Times - Dec. 5 -
North Carolina Town Sues Duke Energy Over Climate Change
Carrboro accused Duke, one the nation’s largest utility companies, of ignoring data about climate change while increasing use of fossil fuels.The New York Times - Dec. 4 -
Senator Blasts Airlines, Saying They See Passengers as ‘Walking Piggy Banks’
Sen. Richard Blumenthal (D-Conn.) ripped the five largest airlines for collecting $12.4 billion in seat fees between 2018 and 2023.Inc. - Dec. 4 -
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - Dec. 4 -
'No Other Land,' from an Israeli-Palestinian alliance, looks at West Bank destruction
Filmmakers overcame assault and lost equipment to finish 'No Other Land,' a documentary about the West Bank. But while it's eligible for an Oscar, it still does not have U.S. distribution.Los Angeles Times - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial Times - Dec. 4 -
Mom sues Mattel over Wicked doll packages with porn site link
Holly Ricketson of South Carolina files proposed class action after daughter shows her hardcore photographs. Mattel was sued on Tuesday by a South Carolina mother for mistakenly putting a link to ...The Guardian - Dec. 4 -
Starmer plans peerage for former chief of staff Sue Gray
PM’s ‘political list’ said to be long even as he axes 92 hereditary peers to trim the size of the LordsFinancial Times - Dec. 3 -
Bitcoin buyer sues council over £600m 'lost in tip'
James Howells believes the hard drive is now worth about £600m since the recent Bitcoin surge.BBC News - Dec. 3 -
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World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
‘It’s about justice’: fighter from guerrilla war sues Spanish government for €1m
Joan Busquets, 96, suffered torture, forced labour and 20 years in prison under the Franco regime and seeks reparations. One of the last surviving fighters from the guerrilla war waged against the ...The Guardian - Dec. 3 -
Bipartisan bill would study AI's impact on banking, housing
A new bill with bipartisan support would commission studies on the use of artificial intelligence (AI) in the banking and housing sectors, where lawmakers have been sounding an alarm about ...The Hill - Dec. 2
