Kroger Co. and Albertsons Cos. are bracing for a Federal Trade Commission lawsuit over their $24.6 billion tie-up as soon as January as opposition builds against the supermarket megadeal.
December 14, 2023Search
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Retail Sales Rise 0.3% in November as Holiday Rush Begins
Americans picked up their spending from October to November unexpectedly as the unofficial holiday season kicked off, underscoring the power of shoppers despite elevated prices.
December 14, 2023Cruise Lays Off 900, Multiple Executives as Fallout Worsens
Cruise LLC, the autonomous vehicle unit owned by General Motors Co., is cutting 24% of its workforce, extending a sweeping overhaul of the business after dismissing nine top executives.
December 14, 2023Fed Keeps Rate Unchanged, Signals Cuts Coming Next Year
The Federal Reserve kept its key interest rate the same Dec. 13 for a third straight time, and officials signaled they expect to make three quarter-point cuts to the benchmark rate next year.
December 13, 2023Maine Considering California-Esque EV Sales Incentives
Maine environmental regulators will decide next week whether the state should join others in adopting California-style regulations to limit the sale of new gas-powered vehicles.
December 13, 2023Whiting to Make Lightweight Doors for Green Delivery Trucks
New York state economic development incentives helped persuade Whiting Door Manufacturing Corp. to invest $4 million to expand its Akron facility.Â
December 13, 202360 Seconds: FMCSA Administrator Set to Appear Before House Panel
'²õ  will discuss implementation of the 2021  law. Read more in Capitol Agenda.
December 12, 2023GSA to Overhaul Remote Alaskan Border Facility
The U.S. is planning to rebuild an aging land entry port along a remote Alaskan freight route where document exchanges take place in temperatures that often plunge 50 degrees below zero.
December 12, 2023US Argues Trevor Milton Needs Long Prison Term as Deterrent
Nikola Corp. founder Trevor Milton should serve about a decade in prison for misleading investors about the future of the electric truck maker, U.S. prosecutors said.
December 12, 2023Congressional Committees Eye Water Resources Act for 2024
Legislation meant to improve connectivity along the nation’s commercial waterways is on transportation policymakers’ radar for 2024.
December 12, 2023