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Business

  • Deal reached to sell supermarket chain to ex-CEO
    A New England supermarket chain that has been in turmoil for weeks over a workers’ revolt and customer boycott has announced that the former CEO is buying the company from rival relatives.
  • FBI investigating reports of attacks on US banks
    The FBI said Wednesday it’s working with the Secret Service to determine the scope of recently reported cyberattacks against several U.S. financial institutions.  A report on Bloomberg.
  • IMF chief faces probe for fraud
    PARIS – Christine Lagarde, the chief of the International Mon­e­tary Fund, was put under of­fi­cial investigation for negli­gence in a French corruption probe that dates back to her days as France’s
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Week Ahead

Today

•Institute for Supply Management releases its manufacturing index for November

•Commerce Department reports on October construction spending

•Automakers release vehicle sales figures for November.

Wednesday

•Labor Department releases third-quarter productivity data

•Institute for Supply Management releases its service sector index for November

•Commerce Department reports on factory orders for October

Thursday

•Labor Department releases weekly jobless claims numbers

•Freddie Mac, the mortgage company, reports on weekly mortgage rates

Friday

•Labor Department releases employment data for November

•Federal Reserve releases consumer credit data for October

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