The regulator is trying to stop the largest supermarket merger in history, arguing that the deal would eliminate competition and raise prices for consumers.
Month: February 2024
UNITE HERE Local 11: Women Leaders Rise Up in Support of Santa Monica Hotel Worker Filing Sexual Harassment Complaint Against Aimbridge-Operated Property
SANTA MONICA, Calif.–(BUSINESS WIRE)–Days before the Spirit Awards take place in Santa Monica, prominent women leaders from CLUE, Southern Christian Leadership Conference, and Program for Torture Victims joined silence breakers to rally and picket outside the Hampton Inn Santa Monica. They expressed support for hotel worker Maritza Villeda, who submitted a complaint to the California Civil Rights Department alleging that her employer, the Aimbridge Hospitality-operated Hampton Inn Santa Monic
Great Ajax Corp. Announces Results for the Quarter Ended December 31, 2023
NEW YORK–(BUSINESS WIRE)–Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust (“REIT”), announces its results of operations for the quarter ended December 31, 2023. We focus primarily on acquiring, investing in and managing a portfolio of re-performing mortgage loans (“RPLs”) and non-performing loans (“NPLs”) secured by single-family residences and commercial properties. In addition to our continued focus on RPLs and NPLs, we also originate and acquire s
ATSG Reports Fourth Quarter and Full-Year 2023 Results
WILMINGTON, Ohio–(BUSINESS WIRE)–Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the quarter and year ended December 31, 2023. Those results, as compared with the same periods in 2022, were as follows: Fourth Quarter Results Revenues $517 million, down 3% GAAP Loss per Share (basic) from Continuing Operations $0.24, down
The US Supreme Court Holds the Future of the Internet in Its Hands
If the court backs provocative laws from Texas and Florida that limit social platforms’ ability to moderate content online, life could become radically different.
Offerpad narrows Q4 loss, expects to be back in black later this year
The iBuyer expects to sell between 750 and 850 homes during Q1 2024, generate $245 million to $285 million in revenue and achieve positive adjusted earnings later this year.
Former Pediatrics Professor Donates $1 Billion, Makes Albert Einstein College of Medicine Tuition-Free
Dr. Ruth Gottesman’s husband left her $1 billion in Berkshire Hathaway stock with the following instructions: “Do whatever you think is right with it.”
FTC sues to block Kroger, Albertsons merger, arguing deal would raise grocery prices and hurt workers
The FTC, which was joined by a group of attorneys general, argued the $24.6 billion Kroger-Albertsons deal would hurt competition in the grocery industry.
FM Nirmala Sitharaman asks fintechs to blend innovation, compliance
Regulators told to hold monthly meetings with startups and fintech firms
Seagate Launches New E-commerce Website in the United States
FREMONT, Calif.–(BUSINESS WIRE)–Seagate Technology plc (NASDAQ: STX), the leading innovator of mass-capacity storage solutions, today announced the launch of its new e-commerce website in the United States. Seagate’s industry-leading storage products can now be purchased directly from www.seagate.com with access to exclusive promotions, support, live chat customer support, and peace of mind with genuine Seagate products. “We are excited to launch our new e-commerce website in the U.S., which