September 04, 2024 | The Recorder
Kroger CEO Tells Court Merger With Albertsons Would Lower PricesThe testimony of Albertsons CEO Vivek Sankaran and Kroger CEO Rodney McMullen was expected to mark a key moment in the hearing, as what they say under oath about prices, potential store closures and the impact on workers will likely be scrutinized in the years ahead if the merger goes through.
By Claire Rush and Dee-Ann Durbin/The Associated Press
4 minute read
August 27, 2024 | The Recorder
Kroger and Albertsons Defend Merger Plan in Federal Court Against US Regulators' ObjectionsIn the three-week hearing that opened Monday, the FTC is seeking a preliminary injunction that would block the merger while its complaint goes before an in-house administrative law judge.
By Dee-Ann Durbin and Claire Rush/The Associated Press
5 minute read
October 05, 2022 | Daily Business Review
Ian Deals Blow to Florida's Teetering Insurance SectorFlorida's insurance industry has seen two straight years of net underwriting losses exceeding $1 billion each year.
By Dee-Ann Durbin and Anne D'innocenzio
6 minute read
June 21, 2022 | Daily Business Review
Snap, Crackle, Pop: Kellogg Co. to Split Into 3 CompaniesU.S. cereal sales have been waning for years as consumers moved to more portable products, such as energy bars.
By Matt Ott and Dee-Ann Durbin
4 minute read
November 10, 2021 | Daily Business Review
Rare Starbucks Union Vote Set to Begin in 3 New York ShopsStarbucks points to its generous benefits, including paid parental leave, a 401(k) program and free college tuition through Arizona State University. Late last month, it announced pay increases, saying all its U.S. workers will earn at least $15, and up to $23, per hour by next summer.
By Dee-Ann Durbin and Carolyn Thompson
6 minute read
August 11, 2015 | Daily Report Online
Fiat Chrysler Appealing Negligence Verdict in Jeep Fire CaseFiat Chrysler said Tuesday it is appealing a Georgia court's order to pay $40 million to the family of a child who died in a Jeep fire.
By Dee-Ann Durbin
2 minute read
August 11, 2015 | Daily Report Online
Fiat Chrysler Appealing Negligence Verdict in Jeep Fire CaseFiat Chrysler said Tuesday it is appealing a Georgia court's order to pay $40 million to the family of a child who died in a Jeep fire.
By Dee-Ann Durbin
2 minute read
April 09, 2008 | Daily Report Online
Judge gives preliminary OK to Chrysler-UAW health care dealDETROIT AP - A federal judge has given preliminary approval to a deal that would require Chrysler hourly retirees to pay more for health care.The agreement between Chrysler LLC and the United Auto Workers would also shift the company's retiree health care obligations into a union-administered trust.U.S. District Court Judge Robert Cleland tentatively approved the agreement Wednesday in Detroit.
By DEE-ANN DURBIN
1 minute read
June 12, 2013 | Law.com
$3 Billion Spyker Lawsuit Against GM Is DismissedA U.S. judge has dismissed a $3 billion lawsuit in which Dutch carmaker Spyker accused General Motors of unfairly blocking a deal to let a Chinese buyer take over Swedish carmaker Saab, which GM sold to Spyker in 2010.
By Dee-Ann Durbin
1 minute read
July 23, 2010 | Daily Report Online
Ford posts another quarterly profit as sales climbDEARBORN, Mich. AP - Ford Motor Co. posted a strong second-quarter profit Friday but trimmed its U.S. sales forecast and predicted weaker results in the second half as the economy slowly recovers.The automaker surprised Wall Street, making $2.6 billion in the quarter as it continued to grab sales from rivals. Ford's U.
By DEE-ANN DURBIN and TOM KRISHER
3 minute read
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