Business News – Page 15 – Deltaplex News

UnitedHealthcare CEO killing sparks hostility by some toward chief executives

Thursday, December 12 by ABC News

(NEW YORK) -- Multiple "Wanted" signs featuring corporate executives posted in Manhattan this week included a grave warning, according to a New York Police Department bulletin. “Brian Thompson was denied his claim to life. Who will be denied next?” the signs said.The threats of... Read More.

Albertsons sues Kroger, backs out of $25B merger after courts block the deal

Wednesday, December 11 by ABC News

(WASHINGTON) -- Albertsons has filed a lawsuit against its rival Kroger following a failed multibillion dollar deal that would have marked the biggest supermarket merger in U.S. history.Two federal judges in Oregon and Washington blocked the merger Tuesday, siding with the Federal Trade Commission,... Read More.

Inflation increased in November, complicating Feds next rate decision

Wednesday, December 11 by ABC News

(WASHINGTON) -- Consumer prices rose 2.7% in November compared to a year ago, ticking upward from the previous month and potentially giving pause to the Federal Reserve as it weighs an interest rate cut expected next week. The reading matched economists' expectations.The fresh data... Read More.

Judge rejects sale of Infowars to The Onion, Alex Jones says

Wednesday, December 11 by ABC News

(NEW YORK) -- A bankruptcy judge rejected the sale of Infowars to The Onion, conspiracy theorist Alex Jones said during his podcast on Tuesday."We are deeply disappointed in today's decision but The Onion will continue to seek a resolution that helps the Sandy Hook... Read More.

Fresh inflation data set to arrive as Fed weighs rate cuts

Wednesday, December 11 by ABC News

(WASHINGTON) -- Fresh inflation data set for release on Wednesday will provide an update on prices ahead of the holidays and help determine the outcome of an interest rate decision at the Federal Reserve slated for next week.A monthslong slowdown of inflation came to... Read More.

TikTok requests emergency motion to stop ban from taking effect

Monday, December 9 by ABC News

(WASHINGTON) -- TikTok on Monday requested the emergency pause of a law set to ban the popular social media app next month.A temporary lifting of the measure would afford the Supreme Court time to determine whether it should review the law, the company said... Read More.

Can Trumps proposed tariffs revive the steel industry?

Saturday, December 7 by ABC News

(NEW YORK) -- President-elect Donald Trump this week vowed to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp., promising to bolster the domestic steel industry with tariffs.“I am totally against the once great and powerful U.S. Steel being bought by... Read More.