Kroger Co.

Kroger, Albertsons CEOs Defend Grocery Combination, Say Deal Won't Harm Competition

Kroger, Albertsons CEOs Defend Grocery Combination, Say Deal Won’t Harm Competition

Albertsons and Kroger supermarkets Brigitte Bennet | Bloomberg | Getty Images; Brandon Bell | Getty Images The battle over whether grocery giants Hooks and Albertson should be allowed to combine heaters. On Tuesday, the two companies’ executives defended their merger proposal at a congressional hearing in Washington, where they faced a series of questions about …

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November jobs report and the Fed matter most to markets in the week ahead

November jobs report and the Fed matter most to markets in the week ahead

The November jobs report is the big event for markets in the coming week, and it could provide important information on the trajectory of Federal Reserve interest rate hikes. Stocks were higher in the shortened holiday week, with the S&P 500 rising as Treasury yields slipped and the dollar weakened. The post-Thanksgiving week will be …

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