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Albertsons Seeks Over $8 Billion in Damages From Kroger Over Failed Merger

US grocery chain Albertsons Companies began presenting its case against rival Kroger on Monday, seeking more than $8 billion in damages over the collapse of their proposed $24.6 billion merger in 2024. Albertsons alleges...

U.S. Services Sector Drives Sharp August Business Activity Surge

The U.S. services sector recorded its strongest growth in nearly two years in August, driving a sharp acceleration in overall business activity and more than offsetting slower manufacturing growth. S&P Global’s flash Services PMI...