Having finished digesting its acquisition of Harris-Teeter, grocery store giant Kroger (NYSE:KR) is rumored to have an appetite for yet another acquisition.
(AP/Iranian Presidency Office) The Obama administration on Wednesday paid $490 million in cash assets to Iran and will have released a total of $11.9 billion to the Islamic Republic by the time nuclear talks are scheduled to end in June, according to figures provided by the State Department.
The Obama administration has maintained that the $400 million was the first part of $1.7 billion sum it had agreed to pay Iran to resolve a failed decades-old arms deal made with the government of the Shah of Iran, which had paid the Pentagon a $400 million deposit prior to the 1979 uprising that ousted him.