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  • NEW YORK— The owner of Stop& Shop and Giant and the parent company of Food Lion completed their $29 billion combination after receiving regulatory clearance by the Federal Trade Commission. The Dutch retailer Royal Ahold NV owns Stop& Shop. Its rival, Belgium's Delhaize Group, is the parent company of Food Lion.

  • Solar energy ordinarily wins praise from groups that want to cut greenhouse gases, but a proposed solar project at a defunct Long Island nuclear power plant has stirred outrage because it requires demolishing 350 acres of woodlands. Alex Hobson, a spokeswoman for a Solar Energy industry group in Washington, D.C., declined to comment on the Long Island proposal,...

  • July 22- The board of the charitable trust that controls Hershey Co said on Friday it had reached an in-principle agreement with the Pennsylvania Attorney General's office that would avoid a legal row in exchange for reforms in how it is run. The Pennsylvania Attorney General's office, the trust's sole overseer, had threatened legal action to remove trustees...

  • NEW YORK— Attacks such as the one in a Munich shopping mall and at a nearby McDonald's Friday may lead mall owners to increase their security or even persuade global brands to focus expansion plans on the U.S. rather than Europe. "There are lots of Starbucks and McDonald's, and they are in public places," said Trevor Wade, global marketing director at Landor, a...

  • Although acquiring these companies would not produce the big boost to earnings sought by the planned mega mergers, they would offer a foothold in markets likely to grow rapidly in coming years, such as Medicaid health plans for the poor and Medicare Advantage coverage for the elderly. Both Molina and Centene have large exposure to private Medicaid plans, a more...

  • NEW YORK, July 22- British Foreign Secretary Boris Johnson said on Friday he expects the UK to retain the right for its financial firms to sell services across European Union member states after Britain's exit from the bloc. Johnson, speaking to reporters in New York and the United Nations headquarters, also said Britain has been approached by several countries...

  • NEW YORK— A father and son have been convicted on weapons and other charges related to an international drug operation run out of their New York pizzeria. A federal jury in Brooklyn delivered the verdicts Friday against Gregorio and Angelo Gigliotti. Prosecutors argued 60- year-old Gregorio Gigliotti and his wife ran a cocaine transport business from the...

  • NEW YORK, July 22- U.S. prosecutors on Friday unveiled an indictment against three men for engaging in a multimillion-dollar scheme to defraud consumers by charging unsuspecting mobile phone users for unwanted text messages. An indictment filed in federal court in Manhattan charged Fraser Thompson, an ex-executive at mobile aggregation company Mobile...

  • July 22- The board of the charitable trust that controls Hershey Co is nearing a resolution with the Pennsylvania Attorney General's office that would avoid a legal row in exchange for reforms on how it is run, people familiar with the matter said. The Pennsylvania Attorney General's office, the trust's sole overseer, had threatened legal action to remove...

  • Many actively managed funds will now be able to list new ETF products without a separate filing with the SEC, effective immediately, the New York Stock Exchange said in a statement. "This is a big deal for the industry," said Jeremy Senderowicz, a securities lawyer and partner at Dechert LLP in New York, adding that the standards will reduce the uncertainty that...

  • District Judge Cynthia Rufe in Philadelphia after a federal jury in February found him guilty on charges of securities fraud and making a false statement. He was also ordered to pay $77,000 in restitution, which his lawyer, Robert Welsh, said will be considered satisfied once Sudfeld pays $91,747 plus interest to the U.S. Securities and Exchange Commission in a...

  • American Airlines Group Inc., up $1.40 to $36.36. Boston Beer Co., up $25.42 to $190.16. Boeing Co., down 6 cents to $133.47.

  • NEW YORK, July 22- British Foreign Secretary Boris Johnson said on Friday he expects the U.K. to retain the right for its financial firms to sell services across European Union member states after Britain's exit from the bloc. Johnson, speaking to reporters in New York about Britain's business and investment environment, also said Britain has been approached by...

  • NEW YORK— The Standard& Poor's 500 rose to a record Friday, and the index marked its fourth straight weekly gain. Telecom and utility stocks led the way, as they have for much of this year. The Dow Jones industrial average rose 53.62 points, or 0.3 percent, to 18,570.85.

  • The speaker was Ivanka Trump, the sleeveless studded sheath came from her own line, and the candidate she spoke about was her father. Her ensemble was "modern, feminine and beautiful," said Peter Marx, president of the Washington, D.C.- area luxury women's fashion shop Saks Jandel. It's no surprise that Ivanka Trump might choose to wear something from her own brand,...

  • *Fed funds futures suggest 48 percent chance of Dec tightening. NEW YORK, July 22- Yields on long-dated U.S. "Some of the downside expectations on the U.S. economy have been removed due to firmer U.S. data," said Gennadiy Goldberg, interest rates strategist at TD Securities in New York.

  • SAN FRANCISCO, July 22- A quartet of technology heavyweights will be part of an avalanche of quarterly corporate earnings reports next week that, along with a meeting of Federal Reserve policymakers, could hold the key to whether Wall Street extends its record-breaking rally or loses steam. With second-quarter reporting season kicking into high gear,...

  • NEW YORK, July 22- British Foreign Secretary Boris Johnson said on Friday he expects the U.K. to win the right for its financial firms to sell services across European Union member states after Britain's exit from the bloc. Johnson, speaking to reporters in New York about Britain's business and investment environment, said Britain has been approached by several...

  • NEW YORK/ LONDON, July 22- Gold prices fell on Friday, reflecting tension between a global backdrop of easier interest rates and the chance of U.S. monetary policy being tightened before the end of the year. Spot gold was down 0.6 percent at $1,323.16 an ounce about 1 percent. Bullion has benefited significantly- hitting its highest in two years this month- as central...

  • NEW YORK, July 22- British Foreign Secretary Boris Johnson said on Friday he expects the U.K. to win the right for its financial firms to sell services across European Union member states after Britain's exit from the bloc. Johnson, speaking to reporters in New York about Britain's business and investment environment, said Britain has been approached by several...