• Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion. It is Home Depot’s largest acquisition in its history and with it, it steps more aggressively into the fast growing professional builder and contactor business. SRS provides materials for professionals like roofers, landscapers and pool contractors. […]
  • By Shariq Khan and David French (Reuters) – EnCap Investments is seeking to sell XCL Resources, four people familiar with the matter said, two years after the private equity firm’s plan to combine the oil and gas producer with a local rival was thwarted by U.S. antitrust regulators. XCL, one of the largest energy producers […]
  • LONDON (Reuters) – Britannia, the insurer of container ship the Dali, is working with the vessel’s owner and U.S. authorities on the investigation into the collapse of Baltimore’s Francis Scott Key Bridge, Britannia said on Thursday. The bridge collapsed on Tuesday after the Dali suffered a power outage and struck a pylon, causing huge disruption […]
  • Carl Grant, a Vietnam veteran with dementia, wandered out of a hospital room to charge a cellphone he imagined he had. When he wouldn’t sit still, the police officer escorting Grant body-slammed him, ricocheting the patient’s head off the floor. Taylor Ware, a former Marine and aspiring college student, walked the grassy grounds of an […]
  • Some 40,000 people are expected to participate in Monday’s “EGG-ucation”-themed White House Easter Egg Roll, about 10,000 more people than last year. A teacher for more than 30 years, Jill Biden is transforming an annual tradition first held in 1878 into an “EGG-ucational” experience. Various stations on the South Lawn and Ellipse will help children […]