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Albertsons Swoops for Rite Aid as Retailers Face Online Threat
The transaction would create a company with revenue of $83 billion and allow Albertsons to go public. Photo: Getty Images. By. Heather Haddon.
Grocery chain Albertsons to acquire Rite Aid in defense move against Amazon: WSJ  CNBC
Albertsons to Buy Rite Aid in Cash-and-Stock Deal, WSJ Says  Bloomberg
Reuters  
KFC's British restaurants have a serious problem: They don't have chicken
“The chicken crossed the road, just not to our restaurants.” So said a weekend announcement that tried to find humor in KFC's chicken shortage, which has prompted the fast-food chain to temporarily close hundreds of its restaurants in Britain.
KFC shuts more stores in chicken crisis  BBC News
KFC is running out of chicken across the UK  CNNMoney
Home Depot Fourth-Quarter Sales Growth Surpasses Estimates
Home Depot Inc. is cashing in as Americans continue to pour money into their properties. Hurricane recovery spending in Puerto Rico and southern states is helping, too.
Home Depot earnings, sales top Wall Street expectations  CNBC
Home Depot profit beats; sales rise more than seen  MarketWatch
Amazon Just Announced a New Whole Foods Perk for Some Users
In its latest discount roll-out since acquiring Whole Foods in 2017, Amazon announced on Tuesday it will offer 5% back to some Amazon credit card holders.
Amazon cooks up new Prime perk: 5% back on Whole Foods purchases  USA TODAY
Amazon is giving its Prime members with a Visa rewards card 5% back when ...  CNBC
What HSBC Investors Learned as New CEO Flint Takes the Helm
HSBC Holdings Plc kick-started the U.K. bank earnings season with the final set of results for Chief Executive Officer Stuart Gulliver as John Flint assumes the role.
HSBC misses on profit on Steinhoff, Carillion hits  MarketWatch
HSBC Misses Profit Target as Bad Loan Charges Weigh on Results  Wall Street Journal
Bank at Center of $2 Billion India Fraud Heads for 13-Month Low
Punjab National Bank led other state-run banks lower for a fifth day Tuesday as concern about stress and risk levels at the lenders increase amid a $2 billion bank fraud.
PNB fraud: Brady House's first brush with CBI  Livemint
PNB fraud LIVE: IT Dept sends notice to Congress leader Abhishek Singhvi  Moneycontrol.com
Qualcomm Set to Raise Bid for NXP to $44 Billion
Chip giant Qualcomm Inc. is set to raise its bid for NXP Semiconductors NV to about $44 billion in an effort to win shareholder support for the acquisition, according to people familiar with the matter.
Qualcomm set to sweeten bid for NXP to $44 billion: WSJ  MarketWatch
Will Qualcomm (QCOM) Raise Bid for NXP Semiconductors?  Zacks.com
South Korean Cryptocurrency Regulator Found Dead at Home
Jung Ki-joon in Seoul on Jan. 15. He was involved in the South Korean government's efforts to regulate cryptocurrency trading.
Police in South Korea Are Investigating the Death of a Bitcoin Policy ...  Fortune
S. Korean Gov't Official In Charge Of Crypto Regulations Found Dead Of ...  Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
'A nightmare': Banker tells tale of Latvian corruption
LONDON - Latvia's top banking official explained the “rules of the game” for successful banking in the small European country.
Latvia Scandal Deepens as Central Banker Accused of Extortion  Bloomberg
Banking crises cast shadow over Latvia financial landscape  Financial Times
Elon Musk's Boring Company gets green light to start digging in Washington, DC
Elon Musk's tunnel-boring project has received more vague government approval for its equally vague plans to build an underground hyperloop between New York and Washington, DC.
Elon Musk Is Back to Digging Tunnels, This Time Under DC  Gizmodo
The Boring Company gets a permit to dig up Washington DC parking lot  Ars Technica