The retailer, under a new chief executive and facing a takeover bid, outlined a three-year strategy to achieve “sustainable, profitable growth.”
Category: Uncategorized
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An Emboldened F.T.C. Bolsters Biden’s Efforts to Address Inflation
With few unilateral options and little hope of legislation from Congress, the president’s early investment in competition policy could pay a political dividend.
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Corner Offices Are Out; Collaboration Is In. Say Hello to the New Law Firm.
The resiliency of remote work has prompted large law firms to rethink their real estate footprint, shedding space even as they bulk up their head count.
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Instagram and Facebook Subscriptions Get New Scrutiny in Child Safety Suit
New Mexico’s attorney general has accused Meta of not protecting children from sexual predators on its platforms. He now wants to know how it polices subscribers to accounts featuring children.
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UnitedHealth Cyberattack Disrupts Prescription Drug Coverage
For nearly a week, people have been waylaid at pharmacies after a unit of the nation’s largest insurer was shut down by a possible ransomware assault.
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Chipmakers Seek More Than $70 Billion in Federal Subsidies
Gina Raimondo, the Commerce secretary, said new investments would put the U.S. on track to produce roughly 20% of the world’s most advanced logic chips by the end of the decade.
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Boeing’s Safety Culture Faulted by F.A.A. in New Report
The report by a group of experts was commissioned at the behest of Congress and in response to fatal crashes involving 737 Max jets in 2018 and 2019.
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Trump Media’s Impending Merger May Give Him a Financial Lifeline
The deadline for the former president to pay a $454 million civil fraud penalty coincides with the expected closing of a deal involving his social media platform, Truth Social.
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F.T.C. Sues to Block Kroger-Albertsons Grocery Store Deal
The regulator is trying to stop the largest supermarket merger in history, arguing that the deal would eliminate competition and raise prices for consumers.
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Jacob Rothschild, Banker, Financier and Philanthropist Dies at 87
The fourth Baron Rothschild, he left the family banking dynasty to start his own company, becoming a powerful financier, patron of the arts and philanthropist.