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How the New York Mets can justify paying one player $765 million

Earlier this year, Steve Cohen laid out his principles as the owner of the New York Mets, saying it was a “philanthropic”…
Investing

Judge blocks Albertsons-Kroger $25 billion supermarket merger

A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling…
Investing

How the Olympics helped transform Salt Lake City into a tech hub

Salt Lake City has grown from a winter sports venue to a vibrant technology hub in just two decades, leveraging the legacy…
Investing

Albertsons sues Kroger after judge rules against grocery merger

Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its contract…
Investing

Macy’s confirms rogue employee hid $151 million in expenses over three years

A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy’s said Wednesday….
Economy

China vows to issue more debt, cut interest rates next year

By Ellen Zhang and Kevin Yao BEIJING (Reuters) – China pledged on Thursday to increase the budget deficit, issue more debt and…
Economy

India’s October industrial output at 3-month high of 3.5% y/y

NEW DELHI (Reuters) – India’s industrial output rose 3.5% year-on-year in October, government data showed on Thursday. Economists polled by Reuters had…
Economy

Trump crypto venture partners with platform linked to Middle East militants

(Reuters) – A crypto venture recently unveiled by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has…
Economy

Pope Francis calls for new global accords on debt, military spending

By Joshua McElwee VATICAN CITY (Reuters) -Pope Francis called on Thursday for new international agreements to reduce the debt burden faced by…
Economy

India’s November retail inflation eases, boosts rate cut hopes

By Nikunj Ohri NEW DELHI (Reuters) -India’s retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest…
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