Albertson's merges to become biggest grocery store chain
Albertson's Inc and American Stores Co merge in an $8.3 billion deal creating a national grocery and drug chain with more than 2,470 stores in 37 states. The combined company could top $36 billion in annual revenue, surpassing Kroger and Safeway, with headquarters staying in Boise and most stores retaining current names.
MENTIONED IN THIS ARTICLE
Salt Lake City
Albertson's Inc
Kroger
American Stores Co
Safeway
Albertson's
American
Acme
Jewel and Lucky
American Stores
Samuel Skaggs
Joe Albertson
Wall Street
New York Stock Exchange
Albertson’s
Albertson
Boise
Idaho
Gary G. Michael
Aubines
Wal-Mart
Tom Agan
Kurt Salmon Associates
Lund
Midwest
Boston
California
Texas
Prop 227 takes effect in California
Thousands of students return to school as California implements Proposition 227, shifting toward English immersion. In Los Angeles Unified, 19,700 students start a year round schedule at 50 schools with many teachers expressing anxiety and uncertainty about the transition.
MENTIONED IN THIS ARTICLE
Los Angeles
California
Isabel Rodriguez
Rodriguez
Los Angeles Unified School District
University of California
Sylvia Velaz
Los Angeles Unified
Esther Castrulla
Hughes Elementary
Cudahy
Lucia Espinoza
Hughes
Espinoza
Victor Chavira
Jerry Falwell
Thomas Road
Lynchburg
Virginia
Lynchburg Christiancademy
Falwell
Libert Baptist College
Orn
Liberty University
Christian Liberal Arts University
Meet the Press
Crossfire
America
Jesus Christ
GM to Sell Off Delphi Next Year
GM will spin off Delphi Automotive Systems in a public offering early next year, with the remaining Delphi to be handed to GM shareholders. The move aims to expand Delphi’s independence and broaden its customer base beyond GM.
MENTIONED IN THIS ARTICLE
Delphi
Detroit
General Motors Corp
Delphi Automotive Systems
General Motors
John Smith
United Auto Workers
Dayton
Ohio
Flint
Mich
UAW
Frank Joyce
J.T. Battenberg III
MIT Sloan knives paper applications for online admissions
MIT Sloan School of Management will accept applications only via computer starting this month, making it the first graduate or undergraduate program to go fully online. The move aims to save millions in processing and postage, with transcripts and recommendations still paper, and a GradAdvantage site hosting GMAT score submissions. Other schools will follow gradually, with exemptions possible in year one.
MENTIONED IN THIS ARTICLE
Cambridge
Mass
MIT
Sloan School of Management
Massachusetts Institute of Technology
Graduate Business School
Mark Milroy
National Association For College Admission Counseling
Northwestern
Harvard
Columbia
Dartmouth
University of Texas
Tulane
Michigan State
University of California-Davis
Cigarette Prices Rise as Suit Settlements Grow
Philip Morris USA and Lorillard Tobacco Co raised wholesale cigarette prices by $3 per thousand, lifting Marlboro and Kent prices by six cents per pack. R.J. Reynolds did not comment as analysts say the move offsets $36.9 billion in tobacco lawsuits.
MENTIONED IN THIS ARTICLE
New York
Philip Morris USA
Philip Morris and Lorillard Tobacco Co
Morris’ Marlboro
Lorillard
Kent
R.J. Reynolds
Also Mentioned on This Page
MIT Business School
Odessa
Ector Co. Utility Dist
N. Lee Odessa
Ronald D. Patterson
Arience Odeste
Odessa, TX
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