The Wall Street Journal – Israel, Hezbollah Trade Fire, Aim to Avoid Broader Conflict
The Wall Street Journal reports After a heavy exchange of fire early Sunday between Israel and Iran-backed Shiite militia Hezbollah, the regional military powers signalled a desire to avoid a spiral that could lead to a wider Mideast conflict.
Hezbollah launched hundreds of rockets and drones at Israel as around 100 Israeli warplanes struck targets in Lebanon in a move Israel said was intended to pre-empt a Hezbollah attack. The exchange was a significant show of force but initially appeared to result in few casualties and limited damage.
Elsewhere, the newspaper’s sidebar article reports that the largest supermarket merger ever hinges on a little-known grocery distributor.
C&S Wholesale Grocers, a 106-year-old company based in New Hampshire, is set to play a key role in an antitrust trial that will decide whether Kroger can move ahead with its planned $20 billion purchase of rival Albertsons. The case is scheduled to begin Monday in a federal court in Oregon and is expected to last about three weeks.