New York - US stocks mostly rose on Thursday, with the S&P 500 closing at yet another record on better-than-expected jobless claims data and the European Central Bank's move to keep rates unchanged.
After a long courtship, private equity giant Cerberus Capital Management agreed to buy Safeway Safeway for over $9 billion on Thursday afternoon.
Staples Inc., the largest U.S. office supply retail chain, has announced plans to close 225 stores amid growing competition from online retailers.
An administrative judge invalidated a fine yesterday against an individual who used a small drone for the commercial purpose of taking and selling photographs.
WASHINGTON - The U.S. economy has been skating on an icy patch in advance of the February jobs report being released today. Hiring skidded in December and January to roughly half its average monthly pace of last year.