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But within those reports, investors found ominous clues about the future of the housing market, underscoring fears of an upcoming crisis. “We’ve had a time of a red-hot housing market all over the country,” Fed President Jerome Powell told me in September. “For the longer term what we need is supply and demand to get better aligned so that housing prices go up at a reasonable level…and people can afford houses again. “This is the sharpest turn in the housing market since the housing market crash in 2008,” said Redfin’s chief economist, Daryl Fairweather, last month. What’s next: Investors will next look to housing starts data next week as an indicator of where the housing market is headed.
Kroger is building its own tech infrastructure, including automated warehouses for delivery orders. Here are Kroger's biggest e-commerce and technology initiatives:A ClusterTruck ghost kitchen inside a Kroger in the Midwest. The delivery-focused ghost kitchen touts a Cheesecake Factory-inspired menu of 80 to 100 food items. Over the last few years, ClusterTruck opened locations inside Kroger stores in Indiana and Ohio. Another partnership, this one with the autonomous-car startup Nuro, has stationed self-driving vehicles to deliver grocery orders in certain cities since 2018.
Kroger could announce a deal to buy rival grocery company Albertsons this week, sources told CNBC's David Faber. The companies could announce the all-cash deal as soon as Friday morning, sources told Faber. Albertsons' market cap is about $14.9 billion. Its stores, which now include Amazon Fresh, still command a small percentage of the overall U.S. grocery market, but sparked a wave of investment. Kroger, for example, struck a deal with British online grocer Ocado to build huge robot-powered fulfillment centers to pick and pack online grocery orders.
Brent crude futures fell 27 cents, or 0.3%, to $95.92 a barrel by 0342 GMT, after falling $1.73 in the previous session. U.S. West Texas Intermediate crude was at $90.73 a barrel, down 40 cents, or 0.4%, after losing $1.51 in the previous session. A strong greenback reduces demand for oil by making it more expensive for buyers using other currencies. The sustained zero COVID-19 policy in China ahead of the Communist Party Congress is "not helping" demand, the analysts added. EU sanctions on Russian crude and oil products will take effect in December and February, respectively, while the bloc last week gave its final approval for a new batch of sanctions against Russia including a price cap on Russian oil exports.
Chipotle Mexican Grill is moving one step closer to having a robot make its tortilla chips. The burrito chain said Tuesday that it will test "Chippy," an autonomous kitchen assistant made by Miso Robotics, next month in a restaurant in Fountain Valley, California. Chipotle has already tested Chippy's ability to make and season its tortilla chips with salt and lime at its headquarters' innovation hub in Irvine, California. Today, workers at Chipotle restaurants fry and season the chips, which can be time consuming. Restaurants and retailers have been testing robotics and automation to speed up operations and reduce menial tasks for workers.
Here are Kroger's biggest e-commerce and technology initiatives:A ClusterTruck ghost kitchen inside a Kroger in the Midwest. ClusterTruckGhost kitchensIn December 2019, Kroger began improving its prepared meals offering by partnering with ghost kitchen startup ClusterTruck. The delivery-focused ghost kitchen touts a Cheesecake Factory-inspired menu of 80 to 100 food items. Over the last few years, ClusterTruck opened locations inside Kroger stores in Indiana and Ohio. But the firm, which tracks where consumers shop, said Kroger stores with the ghost kitchens are seeing an uptick in visits compared to neighboring Kroger branches.
Of the 11 charges, Holmes was acquitted on all that related to defrauding patients and one count of conspiracy. In total, Holmes was found guilty of defrauding investors of nearly $145 million. Federal prosecutors have said Holmes duped investors into supporting a product she knew was faulty, particularly as Theranos began to teeter on bankruptcy. Balwani, who faces his own charges and a separate trial, did not speak at Holmes' trial. Defense attorney Kevin Downey asked Holmes to recount the early days of Theranos, as she sought advisers through the Stanford community, developed a business plan, attracted investment and — she thought — “nailed” expectations.
Kroger's average customer is a married suburban Baby Boomer who earns $80,000 per year, per Numerator analysis. Numerator found that Kroger's typical shopper is a married suburban Baby Boomer who has at least some college education and an annual income of more than $80,000. Kroger offers more than 15,000 private label items, and the typical shopper often prefers to buy from that selection. While 8.6% of a Kroger shopper's total dollars are spent at Kroger, they spend more at Walmart with 10.9%. Read more typical shopper profiles:
Инсталляция «Стена-балансир» (Teeter-Totter Wall) получила награду «Дизайн года» в конкурсе от лондонского Музея дизайна, передает издание Афиша, ссылаясь на Dezeen. Розовые качели от архитектурной студии Rael San Fratello были установлены в 2019 году на границе городов Эль-Пасо в США и Сьюдад-Хуарес в Мексике. По словам Rael San Fratello, цель состояла в том, чтобы показать, что «игра может быть актом сопротивления». Исполнительный директор Музея дизайна Тим Марлоу описал его как «изобретательное и острое напоминание о том, как люди могут преодолеть силы, которые стремятся нас разделить». Авторы проекта добавили, что стены уже не работают, ведь агрессивные протестующие проникли в здание Капитолия, а коронавирус продолжает распространяться.
Persons: Wall, Dezeen, Rael San, 40, ., . Dezeen, — . ., Дональд Трамп, Джо Байден, Трамп, Тим Марлоу, Рональд Раэль Organizations: Музей дизайна, Афиша Locations: , ЭльПасо, США, СьюдадХуарес, Мексика, Капитолия
AdvertisementA fascinating map from Long Island University's Robert Delaney highlighted by Reid Wilson at The Washington Post shows that the divisions are even more complicated than you might think. He highlights 24 different distinctive dialects. These aren't just accents, but genuinely distinct ways of speaking beyond just the way words sound. Some original Hudson Valley words are stoop (small porch) and teeter-totter. The name comes either from the Gola tribe in Liberia or the Ngola tribe in Angola.
Persons: Cooter Brown, Robert Delaney, Reid Wilson, Delaney, Deutsch, Porgy, Bess, Twi, Vai, Temne Organizations: The Washington Post, Pennsylvania Dutch, Virginia Piedmont, UH Locations: America, Long, Alaska, Hawaii, Hudson, New York, Dutch, olycooks . Pennsylvania, Pennsylvania, Georgia, South Carolina, Gola, Liberia, Angola
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