Erick Freitas

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Kroger Buys Harris Teeter In $2.5 Billion Grocery Deal

In a merger of grocery chains, Kroger Co. is buying Harris Teeter Supermarkets Inc., the companies announced Tuesday. The move expands the reach of Kroger, already the nation's largest grocery chain, into the Mid-Atlantic region. The buyout values Harris Teeter at $49.38 per share, a premium of …

When Congress Takes Interest in Accounting, Watch Out

Few things are simple in corporate regulation. Reforms often backfire. Changes meant to help shareholders end up enriching executives, or lawyers, or accountants. Less regulation is often better than more.<p>But here’s a simple rule that I imagine holds up pretty well. If an overwhelming bipartisan …

Further Evidence That Wine Tasting Is Wildly Subjective

(Photo: Tony Alter)<p>A few years ago, we did a podcast on whether expensive wine tastes better. There is now further evidence that the answer to that …

Sandiaga Uno Takes Saratoga Capital Public, A First In Indonesia

This year will be a remarkable one for private equity firm Saratoga Capital. After 15 years of operations, Saratoga’s main vehicle for doing deals, PT Saratoga Investama Sedaya, had its IPO in late June, raising $150 million. While other private equity firms have gone public elsewhere, this was a …

FOCUS: Bernanke Speech, FOMC Meeting Minutes Release To Be Closely Watched

<b>(Kitco News) -</b> Federal Reserve Chairman Ben Bernanke speaks Wednesday, the same day the June Federal Open Market Committee meeting minutes for June are released, and the combination of the two events could influence gold and other financial markets.<p>It was after the June FOMC meeting that the Fed …

The Best and Worst U.S. Cities for Renting Office Space

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p><i>Corrections & Amplifications</i><p>As the U.S. economy improves, rent prices for office space are on the rise. If you're looking for a cost-effective spot to set up shop, recent analysis by real-estate research firm Reis Inc. breaks down the …

Why Latvia is joining the eurozone

Israeli computers are already among the most targeted -- and best protected -- in the world, with thousands of cyber-attacks on government sites fended off daily. | http://bloom.bg/171tTCr (Photo: Ariel Harmoni/Israeli Ministry of Defense)