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.
WASHINGTON�Flat U.S. trade in January offered the latest sign the economy is struggling to gain momentum, as consumers at home and abroad spend cautiously.
An unusually mild winter helped lift industrial output in Europe's largest economy, signaling that Germany is off to a good start this year, data from the country's economics ministry showed Friday.
John Studzinski, senior managing director and global head at Blackstone Advisory Partners, talks about the spat between PIMCO's Bill Gross and departing CEO Mohamed El-Erian.