The ill-fated expansion of the regional supermarket chain Haggen illustrates the difficulty antitrust enforcers face in orchestrating deals to preserve competition that would otherwise disappear because of a merger.
Dell is pressing ahead with partner Silver Lake on a $50 billion-plus acquisition of data-storage giant EMC, a bold but risky deal that would require massive debt financing at a time when credit markets have become less hospitable to mergers.
Maersk Line says the fragmented container-shipping industry has taken a step forward with the introduction of giant shipping alliances, but consolidation is needed as demand looks set to stay in the doldrums.
The world’s finance officials must avoid resorting to “beggar-thy-neighbor” policies to revive growth, U.S. Treasury Secretary Jacob Lew said as economic leaders confronted an increasingly dour outlook for the global economy.
Federal Reserve officials held off on raising short-term rates at their September meeting because of worries about when inflation would rise to 2% after running below that target for more than three years.