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Grocery giant Albertsons called off its nearly $25 billion merger with Kroger after a federal judge temporarily blocked the union Tuesday in an effort to protect consumers from increasing costs. Albertsons is also suing the rival grocery chain, claiming Kroger willfully breached the merger agreement. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Albertsons said it is calling off its merger with Kroger and is suing the rival grocery chain for breach of contract.
A federal judge has temporarily blocked the merger of grocery giants Kroger and Albertsons after a three-week hearing. The Federal Trade Commission sued over the $25 billion deal in February, asking that it be put on hold to allow more time for an FTC administrative judge to examine its potential impacts. The FTC claims that allowing Kroger and Albertsons to merge would lead to less competition in the grocery industry and higher prices.
Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that could derail the deal.
In testimony Wednesday in federal court in Portland, Oregon, Kroger CEO Rodney McMullen said the proposed $24 billion merger with Albertsons would lead to lower grocery store prices. The Federal Trade Commission has sued to block the deal, alleging it would actually raise prices by reducing competition in some areas of the country. Jo Ling Kent has details.
The $24.6 billion Kroger-Albertsons deal would be the largest grocery chain merger in U.S. history.
Two of the biggest U.S. grocery chains want to merge. The feds are determined to block the deal, saying it would harm consumers.
The FTC argues the proposed $24.6 billion merger between grocery giants Kroger and Albertsons could eliminate competition.
Two of the nation's largest supermarket chains are joining forces in one of the biggest ever grocery industry mergers.
A "combination of factors" appear to have led a 15-year-old student to carry out a school shooting, police in Madison, Wisconsin, said Tuesday.
Luigi Mangione was indicted Tuesday by the Manhattan district attorney in the murder of UnitedHealthcare CEO Brian Thompson.
Leaders in Congress unveiled a measure to keep the government funded, facing a Friday night deadline to avert a government shutdown.
Herschel Walker, the former football star who unsuccessfully ran for Senate in Georgia in 2022, will be nominated to serve as ambassador to the Bahamas.
The head of Russia's chemical and biological forces, Lt. General Igor Kirillov, was killed in a Moscow bomb blast claimed by Ukraine.
Nima Momeni has been found guilty of second-degree murder in the fatal stabbing of Cash App founder Bob Lee, a verdict reached by a San Francisco jury after seven days of deliberations.
One person was killed and nine others injured in a shooting and fiery crash in the Baltimore suburb of Towson Tuesday night, authorities said.
Accused Gilgo Beach serial killer Rex Heuermann has been charged with a seventh murder.
The automakers are reportedly considering a merger to compete against large EV makers.
Herschel Walker, the former football star who unsuccessfully ran for Senate in Georgia in 2022, will be nominated to serve as ambassador to the Bahamas.
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
Last year, U.S. Surgeon General Dr. Vivek Murthy declared loneliness a national health epidemic, saying it poses risks as deadly as smoking.
Ana Orsini, an anchor at CBS affiliate KOLD-TV in Tucson, Arizona, died last week of a brain aneurysm, her colleagues announced on air.
NASA astronauts Butch Wilmore and Suni Williams have been stuck in space for months longer than expected, and will not return to Earth until at least March 2025 at the earliest, NASA indicated.
"In essence, this money has been stolen from all of us for all these years," said an 84-year-old woman whose late husband's Social Security benefits were slashed. "It's not fair."
Here's what to know about Frontier's "GoWild!" unlimited flight deal, an "all you can fly" offer that costs $299.
The automakers are reportedly considering a merger to compete against large EV makers.
The TikTok ban is set to go into effect next month barring a last-minute sale or Supreme Court action.
Walmart says retailing giant is testing pilot in one market, and no longer-term decisions have been made.
Herschel Walker, the former football star who unsuccessfully ran for Senate in Georgia in 2022, will be nominated to serve as ambassador to the Bahamas.
Heavy redactions obscured almost all information about the accusations themselves.
The TikTok ban is set to go into effect next month barring a last-minute sale or Supreme Court action.
"People deserve to know upfront what they're being asked to pay," FTC Chair Lina Khan said in announcing crackdown on certain consumer fees.
Rep. Gerry Connolly of Virginia won election to serve as the top Democrat on the House Oversight Committee, defeating Rep. Alexandria Ocasio-Cortez.
Republicans wants to extend 2017 tax cuts that expire next year and could let ACA subsidies lapse to help pay the tab, according to analysts.
Towana Looney, a 53-year-old Alabama woman, is now free from years of dialysis after receiving an experimental pig kidney transplant last month.
Author Emily Oster talks about new research linking early sugar exposure to chronic diseases.
The president-elect's choices to lead the Department of Health and Human Services, as well as agencies such as the National Institutes of Health, FDA and CDC, hold positions on issues including abortion and vaccination that are often at odds.
Lizzie Clark was 13 when she started hearing a constant ringing in her ear. Doctors found a tumor on her facial nerve.
Researchers determined that dozens of men, women and children were violently killed and cannibalized in Bronze Age-era England.
Milei is the first world leader expected to be in Washington, D.C. for President-elect Donald Trump's inauguration, though arrangements are underway for others to join.
Police in the Canadian capital of Ottawa say they have arrested and charged a suspect in the deadly stabbing of Christopher Smith in 1996.
The stepmother and father of Sara Sharif have been sentenced to life in prison for horrific abuse that ended up killing the 10-year-old British girl.
The officers became suspicious after noticing the female passenger "was not conscious and was not communicating."
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
Comedian Nikki Glaser, known for her honest style, is gearing up to host the 82nd Annual Golden Globes.
The New York Times called comedian Nikki Glaser "comedian of the year" for her knockout HBO special, "Someday You'll Die." It received Emmy, Grammy and Golden Globe nominations. And now, Glaser is taking on a new project — hosting the Golden Globes. She joins "CBS Mornings."
The highly anticipated "Sonic the Hedgehog 3" hits theaters this Friday, introducing a fierce new enemy, Shadow. Six-time Emmy nominee Idris Elba reprises his role as Knuckles and shares how he got back up to speed for the action-packed sequel.
Among the 25 films selected by the Library of Congress to be preserved for future generations are the Coen Brothers' "No Country for Old Men," "The Social Network," Cheech & Chong's "Up in Smoke," and "The Texas Chainsaw Massacre."
2024 has been a big year for space exploration, with the shift towards privately financed missions fueling major innovations. CBS News space analyst Bill Harwood discusses the latest on the Boeing Starliner astronauts who have been stuck at the International Space Station for months, the Odysseus moon lander, Space X and NASA.
TikTok is asking the Supreme Court to pause a law that could ban the app in the U.S. President-elect Donald Trump said that he has a "warm spot" in his heart for the social media app. CBS News Supreme Court producer Catherine Cole has more.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The TikTok ban is set to go into effect next month barring a last-minute sale or Supreme Court action.
Nima Momeni has been found guilty of second-degree murder in the fatal stabbing of Cash App founder Bob Lee, a verdict reached by a San Francisco jury after seven days of deliberations.
From record-breaking temperatures to devastating disasters, 2024 brought the world closer to the reality of what climate change looks and feels like. CBS News national environmental correspondent David Schechter reports.
Researchers determined that dozens of men, women and children were violently killed and cannibalized in Bronze Age-era England.
In this episode of “ClimateWatch,” CBS national environmental correspondent David Schechter looks back at the devastating hurricanes, landslides, flooding and more that impacted the U.S. this year.
According to the Center for Biological Diversity, the U.S. creates nearly 6 billion tons more waste in December than in other months. The nonprofit says about 25% of returned products end up in landfills. Sandra Goldmark, a circular economy expert and associate dean at the Columbia University Climate School, joins CBS News to share examples of sustainable, environmentally friendly gifts for everyone on your list.
Increasingly intense wildfires have become more common in California, upending the lives of thousands. Many insurers are dwindling coverage options, leaving several homes in danger. Business Insider senior sustainability reporter Catherine Boudreau joins "The Daily Report" to discuss.
The man arrested in the killing of UnitedHealthcare CEO Brian Thompson earlier this month has been indicted in New York on murder charges. Manhattan District Attorney Alvin Bragg announced the charges against Luigi Mangione on Tuesday. CBS News' Lilia Luciano and Anna Schecter break them down.
One person was killed and nine others injured in a shooting and fiery crash in the Baltimore suburb of Towson Tuesday night, authorities said.
Tech consultant Nima Momeni has been found guilty of second-degree murder in the 2023 stabbing of Cash App founder Bob Lee. CBS News Bay Area reporter Lauren Toms has more details.
Accused Gilgo Beach serial killer Rex Heurmann has been charged with a seventh murder. He has pleaded not guilty in the murders of six other women. CBS News New York reporter Carolyn Gusoff has more.
Police in Madison, Wisconsin, said a number of factors may have led a 15-year-old student to open fire in a classroom on Monday, killing two people before taking her own life. Two of the injured were still in critical condition on Tuesday. Charlie De Mar reports.
Two astronauts who have been stuck aboard the International Space Station for months will have to wait even longer to come home. Their planned returned was delayed once again on Tuesday, pushing their earliest return trip back to late March. Manuel Bojorquez has more.
NASA astronauts Butch Wilmore and Suni Williams have been stuck in space for months longer than expected, and will not return to Earth until at least March 2025 at the earliest, NASA indicated.
One of the best meteor showers of the year is about to peak. Here's how to watch and where you can catch the Geminids.
December's full moon, known as the Cold Moon, is the last full moon of 2024. Here's when it peaks and why it's called the Cold Moon.
Engineers now say they understand the most likely cause of the Ingenuity helicopter's crash landing on Mars earlier this year.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Congressional leaders have unveiled a stopgap bill to keep the government funded through March 14, 2025. CBS News congressional correspondent Nikole Killion has the latest from Capitol Hill.
The man arrested in the killing of UnitedHealthcare CEO Brian Thompson earlier this month has been indicted in New York on murder charges. Manhattan District Attorney Alvin Bragg announced the charges against Luigi Mangione on Tuesday. CBS News' Lilia Luciano and Anna Schecter break them down.
Tech consultant Nima Momeni has been found guilty of second-degree murder in the 2023 stabbing of Cash App founder Bob Lee. CBS News Bay Area reporter Lauren Toms has more details.
Accused Gilgo Beach serial killer Rex Heurmann has been charged with a seventh murder. He has pleaded not guilty in the murders of six other women. CBS News New York reporter Carolyn Gusoff has more.
2024 has been a big year for space exploration, with the shift towards privately financed missions fueling major innovations. CBS News space analyst Bill Harwood discusses the latest on the Boeing Starliner astronauts who have been stuck at the International Space Station for months, the Odysseus moon lander, Space X and NASA.