Megan Cerullo

2 days ago | cbsnews.com | Megan Cerullo |Aimee Picchi

BP shares jumped as much as 10% after the Wall Street Journal reported that rival Shell is in early talks to acquire the British oil company. Shares of BP jumped $3.11, or 10%, to $32.94 in early afternoon trading. U.S.-listed shares of Shell, which is also U.K.-based, meanwhile, slid 3%.

1 week ago | cbsnews.com | Megan Cerullo |Aimee Picchi

How to save on groceries as prices climb Kroger said it plans to close 60 of its supermarkets across the U.S. over the next 18 months. The planned store closures represent about 5% of the Cincinnati-based company's 1,239 Kroger-branded grocery stores across 16 states. The grocery retailer did not specify which store locations it plans to cease operating. Kroger did not immediately respond to CBS MoneyWatch's request for comment about the store closure locations.

1 week ago | buff.ly | Megan Cerullo |Aimee Picchi

Kroger said it plans to close 60 of its supermarkets across the U.S. over the next 18 months. The planned store closures represent about 5% of the Cincinnati-based company's 1,239 Kroger-branded grocery stores across 16 states. The grocery retailer did not specify which store locations it plans to cease operating, and told CBS MoneyWatch that it will not be releasing a list of the affected stores.

1 week ago | cbsnews.com | Megan Cerullo |Aimee Picchi

The median home sale price in the U.S. just touched a record high, but new data shows that buyers are nevertheless paying below asking price. The median sale price hit a record $396,500 for the four weeks ending June 15, or a 1% increase from a year earlier, according to a Friday report from Redfin. But buyers are actually paying far less than sellers' median asking price, which stood at $422,238 for the same period, the real estate company's data shows.

1 week ago | cbsnews.com | Megan Cerullo |Aimee Picchi

Pavel Durov, the founder and CEO of Telegram, a messaging app, has fathered more than 100 children, all of whom will share in the inheritance of his multi-billion-dollar fortune, he told French magazine Le Point in a wide-ranging interview published Thursday. Durov, who told the magazine that he recently drafted his will, said that his children will inherit his fortune, but not for 30 years from today. He is worth $13.9 billion, according to the Bloomberg Billionaires Index.