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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

Ford Makes a Major Change

The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.