Articles

: As California prepares lawsuit to block Albertsons acquisition, Kroger claims unions would benefit

As California appears prepared to sue to block Kroger Co.'s $24.6 billion acquisition of Albertsons Cos., Kroger fired back Thursday that there's a big reason not to block the deal, claiming it would be better for union workers.

Associated Press: Amazon says this week’s Prime Day event ‘outpaced’ last year’s. But the ‘halo effect’ for other retailers was mixed.

Amazon.com Inc. on Thursday said that this week's two-day Prime Day event "outpaced" the one the online retailer held last year.

Dow Jones Newswires: Canadian publishers ready to work with Google on proposed changes to online news law

Canada's news publishers commended Google on Thursday for recommending "good faith" changes to the country's law compelling digital platforms to compensate media outlets.

: Cassava shares plummet after investigation accuses researcher of ‘egregious misconduct’

Science reports that an investigation accuses neuroscientist who often worked with Cassava of 'scientific misconduct' across multiple papers.

: AMC stock extends winning streak to 5 days, boosted by Taylor Swift concert movie

In addition to showing “Taylor Swift: The Eras Tour” in its own cinemas, AMC is also the theatrical distributor for the movie

The Fed: Fed’s Collins says rise in bond yields could reduce the need for further interest-rate hikes

Boston Fed President Susan Collins said Thursday that the recent rise in long-term bond yields may reduce the need for further interest-rate hikes.

: Dollar General stock rallies as Todd Vasos returns as CEO

Dollar General shares rallied in the extended session Thursday after the company announced Todd Vasos will return as chief executive, effective immediately.

: LendingClub to cut staff by around 14% as higher interest rates take a bite

Online lending platform LendingClub Corp. on Thursday said it would reduce its workforce by around 14%, or 172 employees.

Distributed Ledger: Cryptocurrencies are touted as resilient during wars, but bitcoin is falling since Hamas attacked Israel

This is the latest Distributed Ledger column from MarketWatch: a weekly look at the most important moves and news in crypto.

ETF Wrap: Investors shun high-yield debt ETFs despite gains as broader bond market stumbles

Investors flee exchange-traded funds that buy corporate junk debt, a risky pocket of fixed income that has been outperforming as yields surge. 

Key Words: Krugman says the war on inflation is over. Not so fast, others say.

New York Times columnist Paul Krugman declared the war on inflation over on Thursday. Other economists said, "Not so fast."

The Ratings Game: PayPal skeptics may be making a crucial mistake about the stock, Barclays says

Investors are in wait-and-see mode when it comes to PayPal's stock, but perhaps they won't have to wait too long for positive developments to manifest.
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