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ABS News

Rite Aid Pops After Albertsons Plans to Buy Part of Drugstore Chain

Rite Aid shares surge in premarket trading Tuesday after it announced merger plans with grocery store chain Albertsons Companies.

Inside Albertsons' Humble Beginnings: Video

As Albertsons prepares to bring a significant piece of Rite Aid into its family, we took a look back at how the grocer became the mega chain it is today.

SEC Says System Hacked, Company Information May Have Been Comprised

Hackers penetrated the computer system of the Securities and Exchange Commission.

Ahold, Delhaize near merger finish line with deals for 86 U.S. stores

The companies say they're on track to complete their merger by the end of July, more than a year after agreeing to join forces.

Amazon: Analysts' Upgrades, Downgrades

See who made what calls.

Breaking News

Illumina's Singapore Tax Holiday is About to Expire

The DNA sequencing giant generated over 10% of its diluted earnings per share in 2021 from a tax holiday.

Oil Volatility Returns, Pushing Gasoline Prices Higher

The 14-week decline in gasoline prices ended while two million people in Florida are still without power.

New Electric Vehicle Beats Tesla When it Comes to the Environment

A new EV would radically change how cars are made and that could be a threat to the market leader.

McDonald's Menu Adds a (Very) New Take on an Old Favorite

The fast-food giant has been hesitant to make changes like this, but Wendy's bold move may have forced it to.