Business

(WASHINGTON) — The Federal Trade Commission on Monday sued to halt the Kroger and Albertsons merger, according to court documents filed in federal court. The merger would represent two of the largest grocery store chains in the United States combining forces. Kroger announced that it intended to acquire Albertsons for $24.6 billion in October 2022, […]

(ORLANDO, Fla.) — A federal judge in Florida has dismissed a lawsuit filed by Disney against Gov. Ron DeSantis and other state officials over the state legislature’s decision to alter the governing structure of the Reedy Creek Improvement District. Disney had argued in the lawsuit, filed last April, that the change to the district, for which […]

Atlantide Phototravel/Getty Images (ORLANDO, Fla.) — A Florida judge has dismissed a lawsuit filed by Disney against Gov. Ron DeSantis over the state legislature’s decision to alter the governing structure of the Reedy Creek Improvement District. Disney had argued the change to the district, for which the company was the main landowner, was made in retaliation […]

(WASHINGTON) — The Federal Reserve left rates unchanged on Wednesday, delaying highly anticipated rate cuts that the central bank expects to make sometime this year. The fed funds rate remains between 5.25% and 5.5% “The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run,” the Fed said […]

Image Source/Getty Images (NEW YORK) — Boeing CEO Dave Calhoun took responsibility for a door plug getting blown out of an Alaska Airlines flight over Oregon earlier this month in the company’s fourth quarter earnings call Wednesday. “We caused the problem,” Calhoun said. Calhoun said that while the company reported its fourth quarter and 2023 […]

(WASHINGTON) — The chief executives of the nation’s top social media companies will testify before Congress on Wednesday in a hearing intended to drum up support for federal legislation to safeguard children from the online world. The Senate Judiciary Committee will hear from Linda Yaccarino, the chief of X, formerly known as Twitter; Shou Chew, […]

(WASHINGTON) — Washington, D.C., and Wall Street will closely watch an announcement from the Federal Reserve on Wednesday about whether to shift its benchmark interest rate. The move marks the first such decision since the Fed said last month that it expects to cut rates in 2024. Economists expect the Fed to leave rates unchanged, […]

(WASHINGTON) — When then-President Donald Trump falsely declared victory days after Election Night in 2020, dozens of CEOs at the nation’s top companies assembled on a Zoom call to prevent what they feared could be the end of democracy in the U.S. As Trump stands poised to win the Republican nomination in the 2024 contest, however, […]

(NEW YORK) — Manhattan District Attorney Alvin Bragg is raising red flags on what he calls a growing problem linked to the rise of mobile payment services such as Venmo, Zelle and Cash App. And Bragg said he is looking forward to working with those companies to secure people’s money. Bragg told ABC News’ GMA3 […]

(NEW YORK) — As the tax filing season began Monday, the IRS Criminal Investigation division urged taxpayers to protect themselves from scams. Some of those scams include questionable refund schemes, return preparer fraud, abusive tax schemes, according to the agency. “Tax crimes surge during filing season because criminals steal unknowing taxpayers’ information, hack into the […]