- BusinessBusiness Insider•22 hours ago
America's largest supermarkets are slashing prices amid ongoing food-price deflation and growing pressure from the rapid expansion of discount-grocery chains like Aldi. The price cuts are squeezing profits and dragging down company shares. Kroger, Whole Foods, Sprouts Farmers Market, and Dollar General have seen their stock prices drop a collective 13% in the last three months.
- BACBusiness Insider•2 days ago
It's official: Sanaz Zaimi is now the sole head of fixed income, currency, and commodity — FICC — sales at Bank of America Merrill Lynch. Zaimi took that job on an interim basis in March when her cohead, Bryan Weadock, went on leave. On Friday, Tom Montag, chief operating officer at the bank, said Weadock would not be returning.
- financeYahoo Finance Video•2 days ago
Car dealers are dropping prices this month. Yahoo Finance's Jeanie Ahn interviews Vera Gibbons, GasBuddy correspondent, to find out why this is the best time of the year to buy a new car.