March 07--Albertsons and Safeway, the nation's second-largest grocery chain, said Thursday that they will combine under the company that owns Albertsons.
Stocks rose in early trading Friday after the government reported employers added a better-than-expected 175,000 jobs in February, a strong number that bolsters Wall Street's thesis that economic activity will pick up when the weather thaws this spring.
CNBC's Bertha Coombs reports infamous bitcoin founder Satoshi Nakamoto, who wrote the software that eventually paved the way for the virtual currency, has been tracked down in California.
The Commerce Department says the trade deficit increased to $39.1 billion, up 0.3 per cent from December's revised $39 billion deficit.
Strong construction activity in January boosted German industrial output to the highest monthly level since 2011. The latest data suggest that a routine spring upswing in the economy has come earlier and is stronger.