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Albertsons profit tops estimates

  Bloomberg Albertsons Cos. reported a quarterly profit that topped Wall Street’s estimates, underscoring the steady demand that makes the grocer an attractive takeover target for Kroger Co. Earnings excluding some items rise to 72 cents a share in the fiscal second quarter, Albertsons said in a statement. That surpassed the 64-cent average of analyst estimates compiled by Bloomberg. Sales ...

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Truss resigns as UK premier after tax-cut plan backfires

Bloomberg Liz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of tax cuts before unwinding most of it in the face of a market rout. Truss, 47, said she was resigning after just 44 days in office, and is set to become the shortest-ruling prime minister in British history. ...

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Russia removed from nuclear-energy stage at Washington summit

Bloomberg Russia lost its place on stage at a key international nuclear summit in Washington next week, as US authorities seek ways to limit the influence of Kremlin-controlled atomic fuel and technology suppliers on the global market. The International Atomic Energy Agency confirmed Thursday that executives from Rosatom Corp. and Russia’s industry regulator were dropped from the agenda of next ...

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