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Grocery chain Albertsons to acquire Rite Aid
Grocery chain Albertsons plans to acquire the remainder of Rite Aid that isn't being sold to Walgreens Boots Alliance. Rite Aid Chairman and CEO John Standley would become CEO of the combined company, and Albertsons Chairman and CEO Bob Miller will be ...
Jewel-Osco owner Albertsons to buy drugstore chain Rite Aid  Chicago Tribune
Albertsons to Buy Remnants of Rite Aid Following Walgreens Deal  New York Times
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Walmart earnings miss estimates as e-commerce growth slows
Walmart on Tuesday reported earnings that missed analysts' expectations for the holiday period, though revenue and same-store sales surpassed predictions.
Walmart's Online Sales Growth Slows  Wall Street Journal
Walmart online sales slip in fourth quarter  USA TODAY
KFC shuts more stores in chicken chaos
KFC has closed more of its outlets in the UK after delivery problems meant it ran out of chicken. Its website shows that 646 of the fast-food chain's 900 outlets in its UK-based division were shut as of 11:25 on Tuesday morning.
KFC's British restaurants have a serious problem: They don't have ...  Washington Post
KFC chicken shortage forces nearly 900 UK restaurants to close
Qualcomm raises offer for NXP Semiconductors
The bid was raised after the company was pressured by shareholders led by activist hedge fund Elliott Management. Qualcomm agreed to buy NXP for about $38 billion more than a year ago, but some NXP shareholders resisted a sale seeking a better price ...
Qualcomm Enters into Amended Definitive Agreement with NXP  PR Newswire (press release)
Qualcomm raises offer for NXP to $127.50/share  Nasdaq
Dow futures fall nearly 200 points as Wall Street investors return from holiday
Dow futures dropped nearly 200 points early Tuesday as traders returned from the long U.S. holiday weekend, with investors finding few reasons to make bets amid a rising dollar and climbing yields.
Dow futures drop 186 points as rates rise; Walmart falls after earnings  CNBC
A Peek Into The Markets: US Stock Futures Down; Dow Futures Fall Over 200 Points  Benzinga
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 as traffic spikes  CNBC
Higher traffic propels Home Depot  Business Insider
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 Makes Whole Foods More Rewarding for Prime Members  PCMag
Amazon cooks up new Prime perk: 5% back on Whole Foods purchases  USA TODAY
South Korean cryptocurrency regulator reportedly found dead in home
Jung Ki-joon said last month that virtual currencies like bitcoin weren't a form of legal currency and the government would “strongly respond to excessive cryptocurrency speculation and illegal activity.
Bitcoin Rises as South Korea Talks 'Active' Support for Trading  Bloomberg
Police in South Korea Are Investigating the Death of a Bitcoin Policy ...  Fortune
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.
Washington DC has given Elon Musk a permit for his Hyperloop  BGR
The Boring Company gets a permit to dig up Washington DC parking lot  Ars Technica
Lucky Charms new unicorn marshmallow is a Twitter hit
When all your 🦄🦄🦄 UNICORN 🦄🦄🦄 dreams come true! #magicallydelicious #unicornmarshmallow #🦄 #❤ pic.twitter.
Lucky Charms Unleashes The Power Of The Unicorn As The Next New Permanent ...  PR Newswire (press release)
Magically delicious: Unicorns added to Lucky Charms lineup  Austin American-Statesman