Mar 1, 2024, 3:59 PM EDT
The FTC is attempting to block the Kroger-Albertsons merger on the grounds it would hurt competition, while the companies argue the tie-up would be beneficial for consumers and workers.
The Federal Trade Commission is suing to block Kroger's proposed $24.6 billion deal to buy a major rival, saying it would lead to higher prices for millions of Americans.
Kroger and Albertsons announced plans in 2022 to merge, but the proposed deal is getting pushback from Washington state Attorney General Bob Ferguson.
A group of congressional Democrats wrote to the FTC calling for the agency to block the pending merger between Albertsons and Kroger over antitrust concerns.
A grocery store in the San Francisco Bay Area has taken to installing metal gates at its entrance in an effort to deter rampant shoplifting that has spread throughout the city.
Top American advertising executives from companies including McDonald's and Colgate-Palmolive reportedly raised concerns that Twitter CEO Elon Musk is "perpetuating racism."
Sen. Tom Cotton brushed off concerns by "woke" CEOs who run to the GOP to escape regulation by Democrats.
Some of the world’s biggest companies are betting consumers will keep paying more for products from coffee to toilet paper.
Food-delivery firm DoorDash Inc's (DASH.N) loss widened more than expected in the second quarter as the U.S. upstart spent heavily to expand internationally and into a crowded market for grocery during the pandemic.