Albertsons Companies is offering either a share of its stock and $1.83 in cash or slightly more than a share for every 10 shares of Rite Aid. A deal value was not disclosed in a statement released Tuesday by the companies.
“It is disturbing that Facebook, in the face of widespread concern, is aggressively marketing Messenger Kids to even more children,” the Campaign For a Commercial-Free Childhood said in a statement this week.
“We believe that climate change is real and we can do our part by reducing our greenhouse gas emissions, and we also believe it doesn’t have to cost more to do it,” Poppe said. “We believe we’re going to be on the right side of history on this issue.”
The Commerce Department said Friday that housing starts came in at an annual pace of 1.33 million in January, up from 1.21 million in December and 1.24 million in January 2017. Construction of single-family homes rose 3.7 percent. Construction of apartments and condominiums shot up 19.7 percent, the most since December 2016.
“We’ve seen 5-to-7 percent price gains since 2015, and we’re still seeing prices rise this year,” said Javier Vivas, director of economic research at Realtor.com. “When you have that sort of growth with prices, and now with mortgage rate increases, that’s putting a dent especially in the entry level buyer.”
The January rise in wholesale prices, which measure the cost of goods before they reach the consumer, followed no increase at all in December and matched a 0.4 percent rise in November, the Labor Department reported Thursday. The big gains last month and in November were both driven by sharp increases in the cost of gasoline and other energy products.
The Federal Reserve said Thursday that production fell in wood products, aircraft and a category including concrete and glass. Yet factories also cranked out more cars and computers.
Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages rose to 4.38 percent this week, up from 4.32 percent last week and the highest since April 2014.