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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

•Commerce Department reports on factory orders for December

Tuesday

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

Thursday

•Labor Department reports on weekly jobless claims

•Labor Department releases fourth-quarter productivity data

•Freddie Mac, the mortgage company, releases weekly mortgage rates

•Federal Reserve releases consumer credit data for December

•Selected chain retailers release January sales comparisons

Friday

•Commerce Department releases international trade data for December

•Commerce Department reports on wholesale trade inventories for December

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