A man thought to be a missing US citizen has been found in Damascus, Syria, telling reporters he had recently been freed from jail. The man is believed to be Missouri resident Travis Timmerman, 29, and he was found by residents wandering barefoot in a neighborhood just south of Damascus. In video posted Thursday, the man says only: “My name ...
Earlier this year, Steve Cohen laid out his principles as the owner of the New York Mets, saying it was a “philanthropic” endeavor, in an interview with CNBC’s Andrew Ross Sorkin. “I don’t care about the cost side,” Cohen said, adding: “If I can make millions of people happy, how cool is that? I actually do it as a civic ...
A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling that the Federal Trade Commission’s concerns about the merger’s impact on market consolidation were valid. Judge Adrienne Nelson said Tuesday afternoon that a merger between the two companies would end up harming consumers. The two companies ‘engage in substantial ...
Salt Lake City has grown from a winter sports venue to a vibrant technology hub in just two decades, leveraging the legacy of the 2002 Winter Olympics to transform into one of America’s fastest-growing business destinations. Known as part of Utah’s “Silicon Slopes,” the city has become a magnet for entrepreneurial spirit, venture capital and a flourishing workforce. Over the ...
Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its contract and didn’t follow through on commitments to help get the deal approved. It comes a day after a judge blocked the planned tie-up. In a news release, Albertsons said Kroger broke its merger agreement “by repeatedly refusing to divest assets ...
A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy’s said Wednesday. In a statement accompanying its quarterly earnings results, the department store chain said a single employee responsible for small package delivery expense accounting had intentionally created erroneous cost entries from the fourth quarter of 2021 through the third ...
The sound of celebratory gunfire filled the streets of Damascus in the hours following the collapse of President Bashar al-Assad’s regime. But the jubilant scenes at the weekend that greeted the end of half a century of tyranny could not mask the scale of the challenge facing the victorious Islamist rebels whose lightning advance on the Syrian capital captured the ...
Israel bombs Syria and seizes territory as Netanyahu pledges to change ‘the face’ of the Middle East
The collapse of the Assad regime has prompted a punishing military response from Israel, which has launched airstrikes at military targets across Syria and deployed ground troops both into and beyond a demilitarized buffer zone for the first time in 50 years. Israeli Prime Minister Benjamin Netanyahu said during a rare press conference on Monday evening that the collapse of ...
A former South Korean defense minister was formally arrested Wednesday (local time) over his alleged collusion with President Yoon Suk Yeol and others in imposing martial law last week, as authorities investigate whether their acts amount to rebellion. Martial law, the first in more than 40 years, lasted only about six hours but has triggered a domestic firestorm and large ...
An armored vehicle belonging to the UN’s atomic watchdog was hit by a drone strike on its way to inspect a Ukrainian nuclear power plant on Tuesday, in an attack President Volodymyr Zelensky has blamed on Russia. The strike, which Russia has not commented on, took place as the vehicle traveled in a convoy to the Zaporizhzhia Nuclear Power Plant, ...