Cerberus Capital Management LP’s $9 billion deal to merge Safeway Inc. with Albertsons is a bet that a larger supermarket chain can better fend off an attack on the grocery business by big-box stores and online retailers.
U.S. stocks rose, with the Standard & Poor’s 500 Index erasing losses to close at a record, as data showing stronger-than-forecast jobs growth overshadowed concern the situation in Ukraine could worsen.
Former Republican senators Alan Simpson and Nancy Kassebaum joined a group supporting civil marriage rights for same-sex couples in a filing with the federal appeals court reviewing gay-marriage bans in Utah and Oklahoma.
Kentucky will appeal a U.S. judge’s decision requiring recognition of out-of-state gay marriages even as the state’s attorney general said he’ll no longer defend the jurisdiction’s laws against same-sex unions.
Texas appealed a court decision that the state’s ban on same-sex marriage is unconstitutional, a ruling praised by gay rights supporters as a major victory in nationwide litigation spurred by a 2013 Supreme Court ruling.
A federal judge said Texas’s ban on same-sex marriage is unconstitutional and should be blocked while opponents seek to overturn it, granting a victory to supporters of gay unions in the nation’s second-largest state.
Oregon’s attorney general said she won’t defend her state’s ban on same-sex marriage, joining other top law enforcement officials in refusing to fight challenges to similar prohibitions in five other states.