US regulators urge Congress to look into grocery profits

By Siddharth Cavale and Jessica DiNapoli NEW YORK (Reuters) -The U.S. Federal Trade Commission recommended Thursday that policymakers look further into profits at grocery store operators that remain elevated since the pandemic and promotions that consumer products makers offer retailers. The FTC also is suing to block Kroger (NYSE:KR)\'s acquisition of smaller grocery store rival...

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Meta\'s Instagram down for thousands in US, Downdetector shows

(Reuters) - Meta Platforms (NASDAQ:META)\'s Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. More than 5,000 users reported issues with accessing the photo-sharing platform in the United States at the peak of the outage, Downdetector\'s data showed. Downdetector tracks outages by collating status reports from several sources, including...

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Silver Point Capital directors offload $77.14m in Gulfport Energy shares

Directors of Silver Point Capital L.P., a significant shareholder in Gulfport Energy (OTC:GPORQ) Corp (NASDAQ:GPOR), have executed a substantial sale of company stock. On March 19, 2024, the directors sold 500,000 shares of Gulfport Energy at a price of $154.29 per share, culminating in a total transaction value of approximately $77.14 million. This transaction was...

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