Albertsons’ $4 Billion Dividend Payout Remains Blocked as Washington State Attorney General Seeks Appeal

[ad_1] Business State attorney general filed a lawsuit against Albertsons and Kroger in November to block the payment, and the state and the companies have argued their case for weeks…

Southwest, PepsiCo, Carvana: Stocks That Defined the Week

[ad_1] Markets Stocks Here are seven major companies whose stocks moved on the week’s news [ad_2] Source link

WSJ News Exclusive | Carvana Creditors Criticize Management, Gird for a Fight

[ad_1] The CEO’s father, who is the used-car dealer’s biggest shareholder, is seen as a wild card in any potential restructuring. [ad_2] Source link

Chewy’s Online Pet Dominance Could Lose Its Bite

[ad_1] Markets Heard on the Street The company is still the dominant online pet retailer, but Amazon and big-box retailers are starting to nip at its heels [ad_2] Source link

Costco’s Sales Climb 8% as Consumers Seek Discounts

[ad_1] The warehouse retailer posts a year-over-year increase in membership fees. [ad_2] Source link

Exxon Holds Firm on Its Five-Year Spending Outlook

[ad_1] The oil company is resisting the Biden administration’s call for more investment to expand production and curb pump prices. [ad_2] Source link

Bargain-Hunting Smokers Give Big Tobacco a Headache

[ad_1] Markets Heard on the Street Cheaper cigarette brands are taking market share from large rivals like BAT and Altria as smokers look for ways to save cash [ad_2] Source…

Tesla Sales of Chinese-Made Cars Hit Record, as Nation’s Auto Market Shrinks

[ad_1] Business Autos & Transportation Autos Industry China’s overall November car sales slump is likened to that of 2008 financial crisis [ad_2] Source link

The Biotech Takeout Menu Gets Pricier

[ad_1] Markets Heard on the Street Biotech investments are typically risky, but companies regarded as natural takeover targets for big pharma are outperforming [ad_2] Source link

Carvana Shares Tumble as Company Taps Adviser

[ad_1] Used-car dealer Carvana Co. hired a financial adviser and the company’s creditors banded together to protect themselves, according to people familiar with the matter, while the company’s shares plunged…