Business + Money

The proposed merger between Kroger and Albertsons, two of the largest grocery chains in the U.S., is under scrutiny. The Federal Trade Commission (FTC), supported by several U.S. states, is challenging the $24.6 billion deal due to fears it could lead to higher prices for consumers. Government Steps in Against Supermarket Giants The FTC believes … Read more

Governor J.B. Pritzker of Illinois just dropped a big $52.7 billion budget plan, and it’s stirring up quite a conversation. He’s aiming to tackle some big issues, and everyone’s got something to say about it. A Big Money Move Pritzker’s throwing a lot of cash towards schools, help for migrants, and social stuff. He’s planning … Read more

Bitcoin’s resurgence to over $57,000, driven by significant investor purchases and demand through ETFs, signals a strong market recovery from 2022’s downturn, with a notable increase also seen in Ether’s value. This rebound, supported by enthusiasm for Bitcoin ETFs and anticipation for Ether ETFs, alongside the upcoming Bitcoin halving event, indicates a robust resurgence and … Read more

The Biden administration has announced its largest round of sanctions against Russia, targeting over 600 entities to pressure Vladimir Putin over Ukraine’s invasion and the death of Alexey Navalny. These measures are intended to hold Russia accountable for its aggression and human rights abuses, even as Moscow adapts to previous sanctions. Dead in Custody Alexey … Read more

Capital One’s acquisition of Discover Financial Services for $35.3 billion marks a strategic expansion in the credit card market, aiming to enhance competitiveness and diversify revenue streams. The merger, pending regulatory approval, raises questions about customer impact, antitrust concerns, and the future of financial services consolidation. A Big Deal Capital One has announced its plan … Read more

Boeing has announced the departure of an 18-year executive at the company after a lawsuit claimed that “safety was no longer a subject of board discussion.” Leadership Changes at Boeing Boeing, the aerospace giant undergoing a major safety crisis, has recently announced a series of leadership changes, including Executive Ed Clark’s ousting. Executive Departure Lounge … Read more

Despite the city of Chicago facing a migrant crisis and a homelessness crisis, owner of the White Sox and Chicago Bulls, Jerry Reinsdorf, is proposing to build a new stadium using taxpayer’s cash. Reinsdorf’s Stadium Request Jerry Reinsdorf, an 87-year-old billionaire who owns the Chicago White Sox and Chicago Bulls, has asked the taxpayers in … Read more

Some of California’s richest folks are packing their bags and heading for the hills, and it’s costing the state big time. According to the latest stats from the U.S. Census Bureau, California saw a major drop in population last year, with tens of thousands of people, including many big earners, saying goodbye to the Golden … Read more

A British Columbian passenger was told he could not have a refund on bereavement purchases despite buying tickets based on what Air Canada’s AI chatbot had initially told them. Air Canada Ordered to Refund Passenger A Canadian tribunal has ruled that Air Canada must provide a partial refund to a Vancouver man, Jake Moffatt, based … Read more

After losing a case in Delaware that said the bonuses Elon Musk was making at Tesla were unfair to its shareholders, Musk is slowly moving all his businesses to Texas. Big Changes After buying Twitter and changing its name to X last year, Elon Musk has made some serious changes to one of the world’s … Read more