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.
Safeway, the second-largest U.S. mainstream grocery store operator, said private equity firm Cerberus Capital Management would acquire the company in a deal valued at about $9.4 billion.
FRAMINGHAM, Mass. (AP) - Staples will close up to 225 stores in North America by the end of next year as it seeks to trim about $500 million in costs annually by 2015.
The number of Americans filing new claims for jobless benefits hit a three-month low last week, suggesting some strength in a labour market that has been hobbled by severe weather.
Boeing announced Thursday that from 2016 it is freezing the traditional defined-benefit pensions of all nonunion salaried staff including managers and executives.