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Home Depot ban on worker's Black Lives Matter apron was illegal, US agency rules

Home Depot ban on worker's Black Lives Matter apron was illegal, US agency rules By Daniel Wiessner Feb 21 (Reuters) - Home Depot HD.N violated U.S. labor law by barring a retail worker from wearing an apron that said "BLM" in support of the Black Lives Matter movement, a federal labor board ruled on Wednesday. The National Labor Relations Board in a 3-1 decision said the worker's refusal to remove the writing from the apron was protected by federal law because it came amid complaints about raci
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FTC, states could sue over Kroger-Albertsons $24.6 bln deal next week, Bloomberg reports

UPDATE 1-FTC, states could sue over Kroger-Albertsons $24.6 bln deal next week, Bloomberg reports Adds Kroger, Albertsons comment, FTC declining to comment in paragraphs 3-5 WASHINGTON, Feb 20 (Reuters) - The U.S. Federal Trade Commission and a group of states could sue as soon as next week to block grocer Kroger's KR.N proposed $24.6 billion deal to buy smaller rival Albertsons ACI.N , Bloomberg News reported on Tuesday.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Occidental Petroleum, Kroger, Universal Music Group and Saudi Arabia sovereign wealth fund Feb 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2 030 GMT on Tuesday: * * Occidental Petroleum OXY.N is exploring a sale of Western Midstream Partners WES.N , a U.S. natural gas-focused pipeline operator that has a market value of close to $20 billion, including debt, according to people familiar with the matter.
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FTC, states could sue over Kroger-Albertsons $24.6 bln deal next week, Bloomberg reports

FTC, states could sue over Kroger-Albertsons $24.6 bln deal next week, Bloomberg reports Feb 20 (Reuters) - The United States Federal Trade Commission and a group of states could sue as soon as next week to block grocer Kroger's KR.N proposed $24.6 billion deal to buy smaller rival Albertsons ACI.N , Bloomberg News reported on Tuesday, citing people familiar with the matter.
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FTC, States Poised To Sue Over Kroger-Albertsons Deal Next Week- Bloomberg News

BRIEF-FTC, States Poised To Sue Over Kroger-Albertsons Deal Next Week- Bloomberg News Feb 20 (Reuters) - FTC, STATES POISED TO SUE OVER KROGER-ALBERTSONS DEAL NEXT WEEK- BLOOMBERG NEWS Source text : [ http://tinyurl.com/779jzcnt ] Further company coverage: ACI.N
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Walmart hits record high on strong FY sales view, to buy Vizio for $2.3 bln

REFILE-BUZZ-Walmart hits record high on strong FY sales view, to buy Vizio for $2.3 bln Corrects to remove extraneous word in bullet 9 ** Shares of retail bellwether Walmart WMT.N rise as much as 6.5% to all-time high of $181.35 ** Stock set for best day since November 2022 ** Co forecasts fiscal 2025 sales largely above Wall Street expectations and says it will buy smart-TV maker Vizio VZIO.N for $2.3 billion ** Vizio shares up 15% at $10.94 ** "Walmart has information..of the purchasing patter
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Walmart up on strong FY sales view, to buy Vizio for $2.3 bln

BUZZ-Walmart up on strong FY sales view, to buy Vizio for $2.3 bln Updates ** Shares of retail bellwether Walmart WMT.N up 4 .6 % at $ 178.3 before the bell ** Company forecasts fiscal 2025 sales largely above Wall Street expectations, says it will buy smart-TV maker Vizio VZIO.N for $2.3 billion ** Vizio shares up 1 5.3 % at $10.99 premarket ** WMT expects consolidated net sales in fiscal 2025 to rise between 3% and 4%, the midpoint of which exceeds analysts' est.
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Colorado sues to stop $25 billion Kroger-Albertsons merger

Colorado sues to stop $25 billion Kroger-Albertsons merger By Mike Scarcella Feb 14 (Reuters) - Colorado’s attorney general filed a lawsuit on Wednesday seeking to block Kroger's KR.N proposed $25 billion acquisition of rival supermarket chain Albertsons ACI.N , saying consumers would be hurt, as the U.S. Federal Trade Commission and other states continue to scrutinize the deal.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Vedanta, Nvidia, Leonardo, Cotiviti, Barrick Gold, Inspire Brands, Manchester United, Kroger Feb 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2 050 GMT on Wednesday: * * Vedanta Resources, the parent of Indian miner Vedanta Ltd VDAN.NS , may sell about $1 billion worth shares in the company to investment firm GQG Partners via block deals, television channel ET Now reported, citing sources.
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Kroger To Lower Prices Following Merger With Albertsons Cos

BRIEF-Kroger To Lower Prices Following Merger With Albertsons Cos Feb 13 (Reuters) - Kroger Co KR.N : KROGER TO LOWER PRICES FOLLOWING MERGER WITH ALBERTSONS COS WILL INVEST $500 MILLION TO LOWER PRICES FOLLOWING MERGER WITH ALBERTSONS STARTING DAY ONE FOLLOWING TRANSACTION CLOSE WILL ALSO INVEST $1.3 BILLION TO IMPROVE ALBERTSONS' STORES FOLLOWING
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Target considering new paid membership program - Bloomberg News

UPDATE 3-Target considering new paid membership program - Bloomberg News Adds details on membership costs in paragraphs 5 Feb 7 (Reuters) - Target TGT.N is weighing a new paid membership program for its customers similar to Amazon AMZN.O and Walmart WMT.N , Bloomberg News reported on Wednesday, citing people familiar with the matter. The new program, internally titled as Project Trident, could launch as soon as this year, the report said, without giving details about the pricing of the membershi
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Costco down after announcing departure of veteran CFO

BUZZ-Costco down after announcing departure of veteran CFO ** Shares of Costco Wholesale COST.O down ~1% at $705.20 ** Co's longtime finance chief Richard Galanti to step down and be succeeded by Kroger's KR.N Gary Millerchip ** KR said on Monday after markets close that Millerchip was exiting as CFO, while Todd Foley would assume the role on an in
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Costco veteran CFO to exit, Kroger's Millerchip to take over

UPDATE 2-Costco veteran CFO to exit, Kroger's Millerchip to take over Adds background on Galanti in paragraph 3, updates shares in paragraph 7 Feb 6 (Reuters) - Costco Wholesale COST.O said on Tuesday its longtime finance chief Richard Galanti will step down on March 15 and be succeeded by his counterpart at Kroger's KR.N , Gary Millerchip. Galanti, who was CFO for more than three decades, will remain with the membership-only retailer through January 2025 in an advisory role to assist Gary durin
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Wall Street Journal - Feb 6

PRESS DIGEST - Wall Street Journal - Feb 6 Feb 6 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Kroger KR.N said longtime executive and chief financial officer Gary Millerchip has stepped down to join another publicly traded company. - Novartis NOVN.S entered into an agreement to acquire biopharmaceutical company MorphoSys MORG.DE for 2.7 billion euros ($2.90 billion).
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Kroger Names Todd Foley As Interim CFO

BRIEF-Kroger Names Todd Foley As Interim CFO Feb 5 (Reuters) - Kroger Co KR.N : KROGER ANNOUNCES CFO TRANSITION KROGER CO - TODD FOLEY APPOINTED INTERIM CFO KROGER CO - TODD FOLEY APPOINTED INTERIM CFO KROGER CO - COMPANY WILL NAME A CFO SUCCESSOR AT A LATER DATE KROGER CO - GARY MILLERCHIP IS STEPPING DOWN AS SENIOR VICE PRESIDENT AND CHIEF FINANC
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Kroger CFO steps down

UPDATE 1-Kroger CFO steps down Adds details from release and CEO statement in paragraphs 2-3 Feb 5 (Reuters) - Grocer Kroger KR.N said on Monday that Gary Millerchip was stepping down as chief financial officer and that Todd Foley would take over the role on an interim basis. Foley, who joined Kroger in 2001, was most recently group vice president, corporate controller and chief accounting officer of the company.
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Kroger CFO steps down

Kroger CFO steps down Feb 5 (Reuters) - Grocer Kroger KR.N said on Monday that Gary Millerchip is stepping down as chief financial officer of the company. Reporting by Juveria Tabassum; Editing by Anil D'Silva
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Grocery stores should cut prices as costs ease, Biden White House says

Grocery stores should cut prices as costs ease, Biden White House says By Trevor Hunnicutt WASHINGTON, Feb 2 (Reuters) - U.S. President Joe Biden's administration is taking aim at grocery chains, sending an election-year suggestion that the companies lower prices on goods from milk to eggs and bread. "Our message is a very clear one that the president has and will continue to lean into, which is, if you're a company whose input prices have come down and you're not passing those savings along to
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Kroger's Board of Directors Declares Quarterly Dividend

BRIEF-Kroger's Board of Directors Declares Quarterly Dividend Jan 19 (Reuters) - Kroger Co KR.N : KROGER'S BOARD OF DIRECTORS DECLARES QUARTERLY DIVIDEND KROGER CO - BOARD DECLARED A QUARTERLY DIVIDEND OF 29 CENTS PER SHARE TO BE PAID ON MARCH 1, 2024 Source text for Eikon: ID:nPn2t4k3Ka Further company coverage: KR.N
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Kroger Believes Gen AI Will Continue To Impact Grocery Industry Broadly And In A Transformational Way

BRIEF-Kroger Believes Gen AI Will Continue To Impact Grocery Industry Broadly And In A Transformational Way Jan 19 (Reuters) - Kroger Co KR.N : KROGER CO: BELIEVE GEN AI IS ALREADY IMPACTING AND WILL CONTINUE TO IMPACT GROCERY INDUSTRY BROADLY AND IN A TRANSFORMATIONAL WAY Source text for Eikon: ID:nPn1dM483a Further company coverage: KR.N
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