California, Others Ask Court To Temporarily Stop $4 Billion Albertsons Dividend Payment

California, Others Ask Court To Temporarily Stop $4 Billion Albertsons Dividend Payment

By Diane Bartz WASHINGTON (Reuters) – The attorneys general of California, Illinois and Washington D.C. asked a federal court on Thursday for a preliminary injunction that would prevent Albertsons Companies Inc, which is being purchased by rival Kroger Co, from paying a $4 billion dividend to shareholders. The state officials said in a court filing…

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Chicago Fed Hires Austan Goolsbee As New Chief As Evans Prepares To Exit

Chicago Fed Hires Austan Goolsbee As New Chief As Evans Prepares To Exit

(Reuters) – The Federal Reserve Bank of Chicago’s board of directors hired Austan Goolsbee, a University of Chicago Booth School of Business economist and former White House economic advisor, to lead the bank when longtime President Charles Evans exits in January under the central bank’s age-based mandatory retirement rules. (Reporting by Ann Saphir; Editing by…

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