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Trump and Japan tech conglomerate SoftBank announce $100 billion in U.S. investments

Author admin December 17, 2024

President-elect Donald Trump and the head of Japanese tech conglomerate SoftBank, Masayoshi Son, will announce a $100 billion investment effort designed to

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Categories Business

McKinsey & Co. to pay $650M to settle opioid consulting probe, ex-partner to plead guilty

Author admin December 16, 2024

McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work

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Categories Business

Kroger and Albertsons are spending billions to reward shareholders after their blocked merger

Author admin December 15, 2024

Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with

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Categories Business

Top liquor distributor favored Costco and Kroger over small businesses, FTC says

Author admin December 14, 2024

The Federal Trade Commission in a new lawsuit accuses the largest U.S. distributor of wine and spirits of illegal price discrimination that gave large

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Categories Business

Star real estate agents Alexander brothers arrested in Miami after sex assault claims

Author admin December 13, 2024

Federal prosecutors accused top real estate agents Tal and Oren Alexander and their brother, Alon, of drugging and raping “dozens of victims” over more than a decade. The

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Categories Business

Judge blocks Albertsons-Kroger $25 billion supermarket merger

Author admin December 12, 2024

A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling

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Categories Business

How the Olympics helped transform Salt Lake City into a tech hub

Author admin December 12, 2024

Salt Lake City has grown from a winter sports venue to a vibrant technology hub in just two decades, leveraging the legacy

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Categories Business

Macy’s confirms rogue employee hid $151 million in expenses over three years

Author admin December 12, 2024

A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy’s said Wednesday. In

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Categories Business

Albertsons sues Kroger after judge rules against grocery merger

Author admin December 12, 2024

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

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Categories Business

Tokyo government to introduce four-day workweek for its employees

Author admin December 11, 2024

The Tokyo government plans to introduce a four-day workweek for its employees in an attempt to support young families and boost record-low

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