Category: News

Kroger-Albertsons Deal Heads to Court With Food Price Focus

Kroger Co. and Albertsons Cos. are finally getting their day in court. Nearly two years after the acquisition was announced, the grocery giants on Aug. 26 started a federal court hearing in Portland, Ore., on the U.S. Federal Trade Commission’s bid to …

Exxon Sees 2050 Oil Use at Current Level

Exxon Mobil forecasts global oil demand in 2050 will be the same — or slightly higher — than current levels, putting efforts to reach net zero carbon emissions by midcentury well out of reach.