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.
Workers inspect bare metal bodies on the production line at the Chrysler Toledo Assembly Plant in Ohio on Feb. 28, 2014. Photographer: Ty Wright/Bloomberg.
(REUTERS) - Safeway Inc, 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.
Staples joined Radio Shack as the second major chain this week to announce major store closings. The nation's largest office-supply company said Thursday that nearly half of its sales are now generated online.
Bill Gross has lashed out in a stunning attack against his former Pimco prot�g� Mohamed El-Erian who quit the world's largest bond fund in a shock February exit.