Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings
Shares of Albertsons sank Thursday after the grocer reported softness in its core business and lowered its full-year outlook as a result.
House lawmakers grill former JPMorgan executive Jes Staley over Epstein ties
House oversight Chair James Comer said Jes Staley defended Jeffrey Epstein and encouraged JPMorgan to retain him despite internal red flags.
American Airlines slashes 2026 earnings outlook as fuel costs spike
American Airlines further cut its 2026 earnings outlook, citing higher fuel costs.
IRS chief Frank Bisignano may have misled Congress, Democrats say
The IRS alone hemorrhaged more than 31,000 employees as of January in President Trump’s government cuts, according to the agency’s inspector general.
Russia’s Amazon-style retail giant Wildberries is now in Ukraine’s crosshairs. Here’s why
Ukraine has ratcheted up its attacks on Russia’s Amazon-style retail giant Wildberries, signaling a new phase in the war.
Houthis claim strikes on Saudi Arabian oil tankers in Red Sea as Iran conflict expands
Yemen’s Houthis said they had targeted two Saudi Arabian oil tankers with drones and missiles for allegedly violating its maritime blockade.
EU antitrust regulators clear Paramount-WBD merger as it faces challenge by U.S. states
European regulators signed off on Paramount’s proposed acquisition of Warner Bros. Discovery.
Analysis: Iran war energy shock hits the U.S. economy as gas and diesel prices climb
A new asymmetry in the market means fuel prices won’t fall quickly even if the shooting in the Iran war and Strait of Hormuz stops.
Senate panel advances China auto bill that could bar Mercedes-Benz from U.S.
Mercedes-Benz’s largest individual shareholder is Chinese state-owned BAIC. Cruz warned the bill could hurt Mercedes and accused GM of backing it.
U.S. Secret Service official: ‘Threat environment is the highest we’ve ever seen’
The Secret Service has seen a 40% increase this year in cases involving threats to protectees, include President Donald Trump.