Business Beat: Albertsons, Caterpillar, Newcastle

SHARE Business Beat: Albertsons, Caterpillar, Newcastle

Albertsons’ deal for Safeway OK’d by FTC

Supermarket chain Albertsons says U.S. regulators have approved its purchase of competitor Safeway Inc. If these names sound familiar, it’s because Albertsons owns Jewel-Osco and Safeway used to own Dominick’s.

Caterpillar’s weak 2015 outlook disappoints market

Caterpillar took a hit in the fourth quarter from restructuring costs and the heavy machinery maker issued a weak outlook for 2015, citing the tumbling price of commodities.

Newcastle crams 38 products into one commercial

Newcastle Brown Ale raises the product placement bar in a 60-second video that pokes fun at the hype over Super Bowl advertising.

U.S. seeks $1.3 million fine against United Airlines over cargo

Yahoo to spin off stake in Alibaba

US company outlooks worry investors, send stocks lower

Twitter adds private group messaging, new video

Snapchat to show content from big media brands

Google expanding fiber to 4 Southeastern cities

Mercedes picks AM General to make SUVs in the US

Huron Consulting buys Studer Group

American Airlines interested in offering flights to Cuba

Volkswagen, Audi, Porsche recall 27,000 cars for fuel leaks

Lyft trims its furry pink mustache

Medtronic completes acquisition of Covidien

The Latest
The teenager was in fair condition after being shot in the 7200 block of South Laflin Avenue.
“We wanted this game,” Glenbrook North junior Patrick Schaller said. “It’s not too early to say this was a statement for us.”
Sixteen teams of students gave quick pitches, a la “Shark Tank,” on engineering projects to judges, which included engineers from companies like Google and Shure.
The driver of the car was taken to the hospital with non-life-threatening injuries.
“The bottom line is we have protection available. It’s just upon all of us now to make sure people use those tools,” the surgeon general said.