Category Finance News

Former President of Development Bank Faces Lawsuit Over Alleged Abuse of Power and Extortion Attempts

Former President of Development Bank Faces Lawsuit Over Alleged Abuse of Power and Extortion Attempts

Former CABEI president charged with abusing his office to guarantee future profits, and tried to blackmail the bank: the accused is Dante Mossi. The Honduras-based bank, which supports the process of Central American integration, filed the case in a federal…

Read MoreFormer President of Development Bank Faces Lawsuit Over Alleged Abuse of Power and Extortion Attempts

Will Kroger’s $25 Billion Merger with Albertsons Lead to Rising Grocery Prices?

Will Kroger's $25 Billion Merger with Albertsons Lead to Rising Grocery Prices?

Amid the trial regarding the proposed $25 billion merger with rival Albertsons, Kroger CEO Rodney McMullen recently addressed worries about increasing grocery prices. During his time testifying in Portland, Oregon, McMullen pointed to several reasons for the escalation in costs…

Read MoreWill Kroger’s $25 Billion Merger with Albertsons Lead to Rising Grocery Prices?