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☆ These food stocks could benefit if RFK Jr. promotes healthier eating, removal of artificial ingredients
▼ + stars: | 2024-11-19 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Packaged food from companies including PepsiCo and Lamb Weston use artificial ingredients. KR ACI YTD mountain Bank of America lists both Kroger and Albertsons as potential beneficiaries under if RFK Jr. is confirmed to lead HHS. The analyst also pointed toward Sprouts Farmers Market as another potential beneficiary, but noted some skepticism over the stock's pricey valuation. Shares of Kroger have advanced more than 26% in 2024, while Albertsons stock has pulled back about 17%. Kroger agreed to purchase Albertsons in late 2022 for nearly $25 billion, but the combination has been heavily scrutinized by regulators .

Persons: Robert F, Kennedy Jr, Edward Kelly, Kennedy, Donald Trump's, Lamb Weston, Bryan Spillane, McCormick, Spillane, Wells, Kelly, Kroger Organizations: of Health, Human Services, RFK, HHS, Food and Drug Administration, PepsiCo, Bank of America, Kroger, Albertsons, KR ACI Locations: McCormick, Wells Fargo

☆ I tried 4 brands of premade mashed potatoes from the store, and there are only 2 I'd actually serve
▼ + stars: | 2024-11-18 | by ( Paige Bennett | ) www.businessinsider.com time to read: +1 min

AdvertisementI tried premade mashed potatoes from four brands to see which provided the best taste and value. Kroger and Bob Evans were probably the best of the bunch, but the latter was a little better. When it comes to mashed potatoes, I prefer taking a little extra time to make them from scratch. AdvertisementI'm most familiar with Bob Evans and the Kroger-brand mashed potatoes since I normally shop at Ralph's, a Kroger-owned grocery chain. I decided to try all four to determine which brand makes the best premade mashed potatoes.

Persons: Bob Evans, Lamb Weston Organizations: Kroger Locations: Ralph's

☆ Lina Khan likely to be fired as FTC Chair under a Trump presidency
▼ + stars: | 2024-11-12 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Representatives for Trump’s transition team and the FTC didn’t respond to requests for comment. Wall Street, which has been on a tear since Trump’s decisive victory last week, appears to be ready to turn the page on the Khan era. Similarly, the FTC has gone after Big Tech, Big Pharma and even Big Mattress in the name of keeping competition robust. To them, Khan and her DOJ partner in trustbusting, Jonathan Kanter, represent a threat to the bottom line. Since last week’s election, both Kroger and Albertsons shares have risen sharply as investors anticipate the deal would face little resistance under Trump’s FTC.

Persons: CNN Business ’, New York CNN — Lina Khan’s, Donald Trump, Khan, she’s, Lina Khan, Jennifer Rie, kowtow, Jonathan Kanter, Elon Musk, Trump, ” Barry Diller, “, ‘, Republican “ Khanservative, JD Vance, Gail Slater, Vance, ”, David Kostin, Goldman Sachs, Kostin, Donald Trump’s, Brian Gardner, ” Gardner, Susie Wiles Organizations: CNN Business, New York CNN, Federal Trade Commission, FTC, Republican, Bloomberg Intelligence, CNN, Justice, Albertsons, Big Tech, Big Pharma, IAC, Democratic, Bloomberg, Kroger, Trump’s FTC, Goldman Sachs ’, White, Trump, Federal Reserve Locations: New York, it’s, trustbusting, Washington

☆ Walmart is testing a new way to make it easier to access locked-up items. Here's why that's smart.
▼ + stars: | 2024-11-11 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Walmart is testing tech that lets employees use an app to unlock anti-shoplifting displays. The tech, currently in several hundred stores, could lead to shoppers having access too. 1 in 5 shoppers surveyed said they would buy from another retailer when faced with locked-up merch. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The assumption behind the Freedom Case is that customers who share their personal information in order to access merchandise are unlikely to steal.

Persons: —, Carol Spieckerman, Chris Walton, Spieckerman Organizations: Walmart, Service, Bloomberg, Omni, Kroger, Safeway

☆ I'm a professional baker. I tried chocolate-chip cookies from Costco, Walmart, Kroger, and Safeway to find the best.
▼ + stars: | 2024-11-11 | by ( Alana Al-Hatlani | ) www.businessinsider.com time to read: +2 min

I tried chocolate-chip cookies from the bakery section of Kroger, Safeway, Walmart, and Costco. As a pro baker, I had high expectations — but Safeway and Walmart didn't impress me much. Costco's cookies were soft and not too sweet with lots of chocolate chunks. AdvertisementAs a professional baker, I've probably made thousands of chocolate-chip cookies from scratch. So, I tried chocolate-chip cookies from the bakery section at four national chains near me in Seattle — Costco, Kroger, Safeway, and Walmart.

Persons: —, I've, there's Organizations: Kroger, Safeway, Walmart, Costco, Service Locations: Seattle

☆ What’s open and closed on Veterans Day 2024
▼ + stars: | 2024-11-10 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —Veterans Day honors active and former US service members annually on November 11, the anniversary of the end of World War I. Here’s what’s open and closed on Veterans Day 2024. The New York Stock Exchange and Nasdaq will be trading on Veterans Day. Postal servicesUPS will be operating as normal on Veterans Day. Make sure to double-check if your local services are open that day.

Organizations: New, New York CNN, Veterans, Retail, Target, Walmart, Kroger, Costco, Roadhouse, Bank of America, Citibank, Bank, Federal, The New York Stock Exchange, Nasdaq, UPS, Veterans Day, FedEx, FedEx Express Locations: New York, Wells Fargo

☆ I tried 8 popular Alfredo sauces, and the best had a silky texture and great flavor
▼ + stars: | 2024-11-08 | by ( Paige Bennett | ) www.businessinsider.com time to read: 1 min

My top two picks include Rao's and Classico. Rao's was my favorite flavor but Classico was the best overall choice. In terms of flavor alone, Rao's was the best. But because of its thin consistency, it fell just shy of being the best on the list. With a silky texture and great flavor, the Classico sauce is my overall favorite.

Persons: Rao's, Paige Bennett, Alfredo Organizations: Kroger

☆ I'm a stay-at-home dad because I'm the more natural nurturer in my marriage. Our conservative community doesn't agree with our decision.
▼ + stars: | 2024-11-07 | by ( ) www.businessinsider.com time to read: +6 min

Eli Milliman became a stay-at-home dad when his wife started a full-time job and excelled in it. AdvertisementThis as-told-to-me essay is based on a conversation with Eli Milliman, a 46-year-old stay-at-home dad in Florence, Alabama. My wife, Shannon, and I grew up together in a conservative Christian community in Utah. I told her I didn't take pride in the idea that I must be the breadwinner because I'm the man. My parents even had concerns and questioned our decision to have me be a stay-at-home dad.

Persons: Eli Milliman, —, Shannon, I've, they're, we've Organizations: Service, Kroger Corporation Locations: Florence , Alabama, Utah, Oregon, Alabama

☆ What Trump's win means for retail giants like Walmart, Target, and Costco
▼ + stars: | 2024-11-07 | by ( Dominick Reuter | Nora Redmond | ) www.businessinsider.com time to read: +7 min

Trump's second term likely means changes are on the way that will impact retailers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump's return to the White House is likely to usher in sweeping changes that will impact retailers like Walmart, Target, and Costco — ranging from new tariffs to tax cuts and a new regulatory environment. Trump's campaign promises, along with his prior term record, offer some insights into what major retailers can expect from his second term. Advertisement"That's actually very unhelpful for a lot of retailers, especially in areas like technology, which a lot of retailers are involved," he said.

Persons: —, Donald Trump's, Donald Trump, Neil Saunders, it's, John David Rainey, Trump, Chris Walton, Walton, Jonathan Gold, Johns, Tinglong Dai, Saunders, He's, Lina Khan Organizations: Service, Walmart, Target, Costco, TractorTractor, Dick's Sporting Goods, Data, Omni, National Retail Federation, Trump, Pew Research, Federal, FTC, Kroger, Albertsons, Republican Locations: China, Johns Hopkins, Washington

“Too frequently, large grocery companies use their significant market power to hike prices for essential goods and take advantage of customers,” the letter said. Grocery prices shot up 20% between January 2021 and December 2022, causing some consumers to cut back on common purchases like red meat and eggs. But inflation is now virtually back to normal; since November 2023, grocery prices have been increasing by less than 2% on an annual basis. The companies say the tags let employees change prices up to every 10 seconds, allowing them to streamline operations and restock faster. Kroger has denied that claim, saying electronic pricing would only be used to lower prices whenever possible.

Persons: Sen, Elizabeth Warren, Adam Schiff, Warren, Schiff, Harris, Kamala Harris, Donald Trump, they’re, Vons “, ”, Bernie Sanders, —, ” The, Kroger Organizations: Democratic, NBC News, Federal Trade Commission, Department of Agriculture, ”, Republicans, Biden, Albertsons, Safeway, Vons, FTC, USDA, Fair, ” The Biden, Walmart, Amazon, Costco, Kroger, of America Locations: California

☆ I loved Trader Joe's for years — but the older I get, the more I can't stand shopping there
▼ + stars: | 2024-10-30 | by ( Sarra Sedghi | ) www.businessinsider.com time to read: +5 min

When I learned how to really cook, Trader Joe's frozen meals became less useful. I made frequent trips as a college student and after I graduated, but eventually, shopping at Trader Joe's became impractical for me. As someone with ADHD, I'll also admit there were plenty of times I forgot about Trader Joe's frozen meals until they were freezer-burned anyway. The crowding at Trader Joe's is oftentimes too much for meI've shopped at Trader Joe's in many larger cities, including Atlanta and Birmingham, Alabama, and found a similar experience in each — crowded aisles and long lines. Trader Joe's doesn't have sales, and there are no rewards programsLoyalists shop at Trader Joe's because they love the store's products, and I get that.

Persons: Joe's, —, Burger King, I've, It's, Sedghi, isn't Organizations: Service, Aldi, Kroger, Publix Locations: Athens , Georgia, Atlanta, Birmingham , Alabama

☆ Election Day stress is affecting some companies' sales
▼ + stars: | 2024-10-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Companies from United to Nestlé have talked about a sales slowdown due to the presidential election. AdvertisementOther companies have invoked the election but not provided details about the dynamics leading consumers to pull back. AdvertisementPeople under 34 were also more likely than older consumers to put off a major financial commitment until after the election, 84.51 found. AdvertisementMany companies are also forecasting that demand will return after either Trump or Harris wins the election. Polls show that the race between Trump and Harris is close to a toss-up just over a week ahead of Election Day.

Persons: Nestlé, —, Kamala Harris, Donald Trump, Trump, Brian Olsavsky, Olsavsky, Anna Manz, Alex Trott, Trott, Gen, Ron Hill, Harris, George W, Bush, Hill Organizations: United, Service, Constellation Brands, Delta, Nestlé, Business, Research, Boomers, BI, Deutsche Bank, Harris, Modelo, Constellation, Kogod School of Business, Trump, White Locations: Modelo, Butler , Pennsylvania

☆ Forget AI stocks, this supermarket name is more exciting, says chart analyst
▼ + stars: | 2024-10-24 | by ( David Keller | ) www.cnbc.com time to read: +3 min

We can see the cup-with-handle pattern developing on the daily chart, consisting of a six-month rounded bottoming pattern followed by a brief pullback in the month of October. The key to a cup with handle pattern is the "rim" of the cup, which is essentially a trendline connecting the highs during the price pattern. Other indicators on the chart seem to suggest that an impending breakout is likely, especially the RSI which has been in a bullish range since July of this year. Similar to the daily chart, we can see the weekly RSI has been in a bullish range for the last five years. This continued bullish momentum range suggests a bullish secular trend, reinforcing the upside potential represented on the daily chart.

Persons: I'm, I've, David Keller Organizations: Kroger Co, Kroger, RSI, CMT, CNBC, NBC UNIVERSAL

In Michigan, Trade Policies and the Water Crisis Loom Large for VotersGenesee County, Mich., home to Flint and the birthplace of General Motors, has been loyal to the Democratic Party for decades. In and around Flint, voters from both parties described feeling let down by corporations, especially auto companies, and by their political leaders. But interviews with more than 20 people across Genesee County also showed that voters still had doubts about Ms. Harris. I think that she is more so focused I think that she is more so focused on being a personality. Scroll to play video Muted Charles H. Knox Sr. Charles H. Knox Sr.

Persons: Dylan Luna Dylan Luna Ken Snyder Ken Snyder Charles H, Knox Sr, Charles H, Dylan Luna Dylan Luna Meredith Davis Meredith Davis, Ken Snyder Ken Snyder Corie, Michael Aversa Michael Aversa Corie, Foor Meredith Davis Meredith Davis Isabelle Snyder Isabelle Snyder Michael Aversa Michael Aversa Ken Snyder Ken Snyder Charles H, Ken Snyder Ken Snyder Meredith Davis Meredith Davis, Corie, Ken Snyder Ken Snyder Meredith Davis Meredith Davis Charles H, Knox, ”, “ It’s, “, ” “, ” It’s, I’ve, Kamala Harris, Harris, Donald J, Trump, Ken Snyder Ken Snyder Meredith Davis Meredith Davis Michael Aversa Michael Aversa Charles H, Dylan Luna, Dylan Luna Flint Board of Education Dylan Luna, Dylan Luna Flint Board of Education Dylan Luna Flint Board of Education Charles H, It’s, we’ve, ” “ MAGA, MAGA, “ MAGA, ’, Tyonna McIntyre Tyonna McIntyre, Ken Snyder Ken Snyder Michael Aversa Michael Aversa Dylan Luna Dylan Luna Michael Aversa Michael Aversa Meredith Davis Meredith Davis Isabelle Snyder Isabelle Snyder Corie, Michael Aversa Michael Aversa Meredith Davis Meredith Davis, Ken Snyder Ken Snyder Charles H, Michael Aversa Michael Aversa Charles H, “ The, Flint, Art Reyes “, Art Reyes, Bill Bain Bill Bain, Hillary Clinton, Bain, ” Mr, Mandy Christle Mandy Christle, Christle, Isabelle Snyder Isabelle Snyder Meredith Davis Meredith Davis Ken Snyder Ken Snyder Michael Aversa Michael Aversa Corie, Corie Foor Dylan Luna Dylan Luna Charles H, it’s, Dixon, Northerners, ‘, There’s, ” There’s, MaryAnn Pietrzyk, Barack Obama Organizations: General Motors, Democratic Party, “, Flint, Republican, Democratic, Black, Dylan Luna Flint Board of Education, Dylan Luna Flint Board of Education Dylan Luna Flint Board of Education, Trump, Aldi, Kroger, Auto Industry, Biden, “ The Biden, Democrats, Motors, GMC, Republicans, Benz, GM, United Auto Workers, North American Free Trade, Mr, Mason Locations: Michigan, Genesee County, Mich, Flint, ”, America, Genesee, carmaking, Canada, Mexico, American

☆ Butterball is making the worst part of cooking a Thanksgiving turkey much easier
▼ + stars: | 2024-10-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Cooking a Thanksgiving turkey presents a host of unique challenges, including making sure it’s not dry, and making sure it’s delicious. But thawing out a multi-pound frozen bird is the first big one. Butterball has a solution with a new frozen turkey that the company says eliminates the hours-long thawing process. This week, the country’s largest turkey producer unveiled a new “Cook from Frozen” turkey that only has two steps to make it, which are unwrapping it and popping it in the oven. Butterball made a “specially formulated” brine that keeps the meat moist during the roughly 5-hour long roasting process.

Persons: Butterball, Cook, it’s, Neil Saunders, ” Saunders, Harris Teeter Organizations: New, New York CNN, GlobalData, CNN, Walmart, Kroger Locations: New York, Turkey

☆ Biden admin threatens to restrict Israel aid and Tyron McAlpin arrest under scrutiny: Morning Rundown
▼ + stars: | 2024-10-16 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +8 min

The Biden administration threatens to restrict military assistance to Israel over conditions in Gaza. The arrest of a deaf Black man with cerebral palsy in Arizona draws national attention. Harris also tried to belittle Trump, which could be an attempt to chip away at his appeal among male voters. She has ramped up efforts this week to appeal to Black male voters in particular. ➡️ “While Biden isn’t on the ballot anymore, voters are certainly feeling his presence,” NBC News chief political analyst Chuck Todd writes.

Persons: Biden, Omar Al, Yaov Gallant, Ron Dermer, Antony Blinken, Lloyd Austin, Israel, ” Harris, Trump, ’, Kamala Harris, Donald Trump, Vladimir Putin, Charlamagne Tha, Harris, ”, Putin, Bob Woodward, belittle Trump, Read, ➡️ Trump, Michelle Obama, Hakeem Jeffries, Republican Sen, Ted Cruz, Colin Allred, ➡️ “, Chuck Todd, ➡️ Harris, Tyron McAlpin, McAlpin, Rachel Mitchell, “, Menendez, Hurricane, Adriana Lima, Tyra Banks, Kate Moss, Khaled Desouki, Ramesses the, — Nick Duffy, Elizabeth Robinson Organizations: Biden, Getty, Israeli Defense, Strategic, U.S . State Department, Department, Americans, Trump, Fox, ➡️, Democratic, Republican, U.S, NBC, Phoenix, Phoenix Police Department, Kroger Locations: Israel, Gaza, Arizona, AFP, U.S, Iran, Lebanon, Georgia, ”, Texas, Oklahoma, Maricopa County, Los Angeles, Asheville, Nashville, Egypt

The Summary BrucePac, a producer of precooked meat and poultry, has recalled nearly 10 million pounds of ready-to-eat food items because of a listeria risk. A recall of nearly 10 million pounds of ready-to-eat meat and chicken products affects items sold at major stores nationwide, including Trader Joe’s, Wegmans, 7-Eleven and Kroger. The list of recalled items consists primarily of premade salads, burritos and wraps containing chicken, sometimes alongside other meats, like bacon or ham. In July, Boar’s Head recalled more than 7 million pounds of deli meat over listeria concerns. An earlier recall of cheese products from dairy maker Rizo Lopez was linked to two listeria deaths and more than 20 hospitalizations.

Persons: Joe’s, Jenny Craig, Michelina’s, Giant, BrucePac, Listeriosis, Boar’s, Rizo Lopez Organizations: Kroger, BrucePac, Agriculture, Food, Inspection Service, Agriculture Department, Walmart, Meijer, Target, Aldi, USDA, Food and Drug Administration, The, Disease Control Locations: Oklahoma, U.S

☆ What is open and closed on Indigenous Peoples’ Day 2024
▼ + stars: | 2024-10-13 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —On the second Monday of October, Americans will be celebrating Indigenous Peoples’ Day, also known as Columbus Day. Indigenous Peoples’ Day recognizes the contributions and legacy of those who lived here long before Christopher Columbus erroneously claimed to have discovered America. President Joe Biden formally recognized Indigenous Peoples’ Day in 2021 by signing a proclamation stating that federal policies “systematically sought to assimilate and displace Native people and eradicate Native cultures.”Some states officially celebrate Indigenous Peoples’ Day and others commemorate it through proclamations. More than 100 cities have replaced Columbus Day altogether with the holiday. Chase Bank and TD Bank will be open for Indigenous Peoples’ Day.

Persons: Christopher Columbus, Joe Biden, “ Organizations: New, New York CNN, Indigenous, Columbus Day . Indigenous, ’, Indigenous Peoples, Columbus, Banks, Federal Reserve, Nasdaq, New York Stock Exchange, Bank of America, Citibank, Chase Bank, TD Bank, Mail, United States Postal Service, UPS, FedEx, FedEx Express, Target, Walmart, Kroger Locations: New York, America, Wells Fargo

☆ Biden is going after corporate giants for being too big. Here's who he's targeted so far.
▼ + stars: | 2024-10-13 | by ( Katie Balevic | ) www.businessinsider.com time to read: +6 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "This is definitely a different agenda than previous presidents," Rebecca Allensworth, an antitrust expert at Vanderbilt University, told Business Insider. AdvertisementHere are some of the biggest companies Khan and Biden have targeted. "I think there's a reason why they have one big monopolization case, at least, against each of the four major American tech companies," Allensworth told BI.

Persons: Joe Biden's, Biden, —, Joe Biden, Rebecca Allensworth, Kamala Harris, Lina Khan, Khan, Rafael Henrique, Merrick Garland, Alain Jocard, Sundar Pichai, Justin Sullivan, Jeff Bezos, EMMANUEL DUNAND, WhatsApp, Allensworth, it's Organizations: Google, Apple, Meta, Microsoft, Service, Vanderbilt University, Big Tech, Federal Trade Commission, Nvidia, OpenAI, Department of Justice, The New York Times, FTC, Getty, Justice Department, Nation Entertainment, Prosecutors, DOJ, The, Department, Amazon, Tech, JetBlue, Spirit Airlines, Albertsons Companies Locations: OpenAI

☆ Pharmacy deserts are appearing across U.S. as drug stores closures spread
▼ + stars: | 2024-10-11 | by ( Kevin Williams | ) www.cnbc.com time to read: +12 min

"As long as the big three PBMs go unchecked, more pharmacy deserts will appear," Rochol said. Between 2023 and 2024, independent pharmacies in the CVS Caremark pharmacy network were reimbursed 67.5% higher on average than CVS Pharmacy locations, and 51.9% higher than other chain pharmacies in the state. The CVS spokesman also said that CVS pharmacies are not all serviced by Caremark, working with over 70 different PBMs. "There are unfortunately many factors for pharmacy closures in rural areas, including population declines and the growing use of online pharmacies." But Banas believes the pharmacy deserts will only grow, and lead to an increase the number of apps and digitization.

Persons: Rochol, Miranda Rochol, Health —, —, Joyce Dingman, wasn't, Nickerson, David Nickerson, Tim Wentworth, Greg Lopes, Steven C, Anderson, Colin Banas, Banas, it's, Tamera Hughes, Hughes, Rob Anderson Organizations: FTC, Health, Federal Trade Commission, Aids, Rite Aid, CVS, Walgreens, Cigna, Walgreens Boots, CVS Pharmacy, Caremark, Pharmaceutical Care Management Association, National Community Pharmacists, National Association of Chain Drug, U.S, Congress, Amazon, University's, of Pharmacy, Pharmacists, Aid Locations: United States, PBMs, New Lebanon, Ohio, Dayton, New Lebanon's, Rust, New Lebanon , Ohio, Georgia, NACDS

☆ Amazon tests adding robot warehouses to Whole Foods so shoppers can pick up other orders at checkout
▼ + stars: | 2024-10-09 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Amazon said Wednesday it's testing adding mini warehouses to Whole Foods supermarkets as part of a bid to attract more shoppers to its stores and away from other grocery competitors. Amazon said it's looking to "eliminate those extra trips" made by shoppers to other grocery stores. "Customers shopping at Whole Foods Market today are looking for natural and organic products," Varadarajan said during a presentation on Wednesday. With our micro fulfillment center, we can reduce the need for our customers to visit different stores or make multiple online orders." Amazon has for years angled to gobble up a bigger share of the grocery market.

Persons: Anand Varadarajan, aren't, Varadarajan, It's, Andy Jassy Organizations: Amazon, Foods, Pepsi, Research, Walmart, Kroger, Albertsons Locations: Berkeley , California, Philadelphia, Plymouth, , Pennsylvania, Nashville

The company launched its first Amazon Go convenience store featuring a new kind of technology, called "Just Walk Out." In 2020, the company began licensing Just Walk Out technology to third parties, signing on retailers in stadiums, airports and hospitals. The company discontinued some of its retail chains, closed eight Amazon Go stores, and hit pause on new Fresh store openings. While it's no longer featuring Just Walk Out as prominently in its own stores, Amazon says it has inked deals with a growing list of customers. Amazon in July updated the AI system behind its Just Walk Out technology to handle all the inputs in a store simultaneously.

Persons: Jeff Bezos, Charlie Rose, Bezos, Andy Jassy's, It's, Jordan Berke, Berke, Walmart's, Jon Jenkins, Jenkins, Amazon's, CNBC Jenkins Organizations: Amazon, Foods, Anadolu, Getty, Bloomberg, Walmart, Kroger, Target, CNBC Locations: San Mateo , California, United States, China, Seattle , Washington, Amazon's Seattle

☆ PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion
▼ + stars: | 2024-10-01 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

PepsiCo said Tuesday that it's buying Mexican-American food company Siete Foods for $1.2 billion, marking the company's first food acquisition in roughly five years. Like many food companies, Pepsi has been trying to shift its portfolio to include healthier options in recent years, usually through acquisitions. Soon that will also include Siete. In August, M&M's owner Mars announced it would buy Pringles parent Kellanova in a deal valued at nearly $36 billion. This March, Campbell Soup completed its $2.7 billion acquisition of Rao's pasta sauce maker Sovos Brand.

Persons: Bare, Veronica Garza, Ramon Laguarta, Mars, Campbell Soup, Sovos Brand Organizations: PepsiCo, Foods, Pepsi, Siete, Target, Kroger, CVS, &' $ Locations: American

☆ Evercore ISI gives Harris/Walz and Trump/Vance stock picks to trade election
▼ + stars: | 2024-10-01 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Though the S & P 500 is up more than 20% in 2024, Evercore ISI sees a patch of volatility ahead as the November presidential election approaches — and the firm has stocks to play either outcome. Evercore ISI thinks that automotive components manufacturer Aptiv could rise in the event of a Harris/Walz win. Evercore ISI called the bank "a flight to quality name," saying it was in a competitive position despite an uncertain backdrop. If Trump wins, Charter Communications is one stock that could benefit from a "potentially benign tax environment" and a pickup in M & A activity, Evercore ISI said. Supermarket operator Kroger could also outperform due to its ability to pass through higher prices to consumers, according to Evercore ISI.

Persons: —, Evercore, Kamala Harris, Donald Trump, Julian Emanuel, Emanuel, Harris, Walz, APTV, Colin Langan, Brian Meredith, Michael Rollins, Arun Sundaram Organizations: ISI, Democratic, Government, United, Affordable, Medicare, Wells Fargo, Smart, PNC Financial Services, Evercore ISI, PNC, UBS, Trump, Charter Communications, Citi, Kroger Locations: Wells, Regional

☆ America's absurd war on 'organized retail crime'
▼ + stars: | 2024-09-30 | by ( Amy Martyn | ) www.businessinsider.com time to read: +26 min

Organized retail crime "is not shoplifting," the agency says on its website, "and these crimes are not victimless." AdvertisementOne homeless woman in jail who pleaded guilty to felony organized retail theft tells me she steals out of desperation. Gavin Newsom sent $267 million to cities across California to increase arrests of organized retail crime — and the crackdown has escalated dramatically. Even the guy who says he coined the term "organized retail crime" can't say how much is lost to it. Gavin Newsom has provided California cities with $267 million and signed 10 new bills into law to bolster the prosecution of organized retail crime.

Persons: Veronica Lumbreras, Deysi Ramirez, Brooke Jenkins, Lumbreras, Villanueva, Ramirez, Louis Vuitton, Sen, Chuck Grassley, Gavin Newsom, Chanel, ANGELA WEISS, David Johnston, shoplifters, Shalia Brown, she's, Brown, Thomas Riddle, Riddle, Elizabeth Camacho, That's, Jeff Loftin, they're, Eric Risberg, Aziza Graves, Miss Graves, Graves, Jenkins, Maury Povich's, Jeffrey Ross, Ross, there's, Read Hayes, Jeffrey Epstein, San Francisco Bloomingdale's, Alto, Bloomingdale's, Cuauhtemoc Ramirez, Amy Martyn Organizations: San Francisco's Mission, San Francisco Police Department, CVS, Target, National Retail Federation, of Homeland Security, San Francisco Chronicle, Hearst Newspapers, Getty, San Francisco, Walgreens, Retailers, Gov, Patrol, Saks, Retail Federation, Kroger, San, Nvidia, Employees, Hall of Justice, ABC News, Prevention, Body, Alto, Mental Health, Anadolu, Walmart, Safeway Locations: San Francisco's, Arriba Juntos, Villanueva, Bay, Walnut, San Francisco, Hayward, California, Mission, Napa County, America, Los Angeles, San Francisco's County, Oakland, Bath

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