kroger and albertson's have agreed to pause their >>> welcome back. agreed to pause their merger as legal challenges play out. meanwhile, the ftc with eight states and the district of columbia have filed suit for a preliminary injunction. >>> blhollywood video game performers went on strike. >>> after becoming a billion dollar company just three years ago, cameo is now unable to pay a $600,000 ftc fine. that's according to a settlement agreement released by the new york state attorney general. instead, it will pay $100,000 to be split between 30 states. >>> and gm just debuted this, >>> and gm just debuted this, the most powerful chevy corvette i use febreze fabric refresher everyday... to make my home smell amazing. on my bed... my couch... my jacket or jeans in between washes... even shoes. febreze doesn't cover up odors with scent, but fights them... yet.set stomach iberogast indigestion iberogast bloating iberogast thanks to a unique combination of herbs, iberogast helps relieve six digestive symptoms the 2025won, bro. i can't wait to see how you

>>most of all street surges in a widespread rally and the kroger albertsons merger is on hold, at leastazarus with money. smart. >>hey, there are rough week on wall street ends on a high note with the dow rising more than 650 points. this after the personal consumption expenditures index showed that inflation was running at 2.5% last month. that's down just a smidge from the month before. and it makes all but certain a rate cut in september. in fact, many on wall street now think, yeah, september's not the whole game. maybe november and december will also see rate cuts. so that has people in a good mood heading east for today. we saw a renewed interest in tech stocks today, but also some of those smaller cap stocks that got attention earlier in the week. they're still seeing cash as well. a tough day. however, san diego's dexcom, a maker of diabetes, glucose sensors, its shares down 41% today after the company issued a warning about upcoming revenue and profit. now, let's take a look at the 20 billion dollars supermarket merger between kroger the operator of ralphs and albertsons. they

albertson's for example, what are they solving already? >> what is it not solving for them?ook -- caroline: is solving for them for it what's the positive you finding is already the application for this? >> we are focused on moving material at the bread-and-butter of supply chain almost everyone you see around you at one point. we are doing that in a much more simple and efficient way through the use of just two products. it's a steel lattice structure and one the moves in three dimensions that let's you use software to define how your warehouse operates versus traditionally using mechanisms like purveyors and that sort. >> i can't tell if that's quite a lot of money or not enough money to launch a product like this, scale it and put it into the real world. you tell me. chris: it sounds like a lot of course per you have to keep in mind there are different engineering disciplines and it's incredibly important to make a product reliable, scalable, etc.. automotive companies spend quite a bit of money on the manufacturing to bring an electric vehicle to market. essentially brin

they include vons, albertsons, and pavilions. locations.mission is challenging the proposed $24.6 billion merger, claiming it will lead to higher grocery prices. sam's club plus members will soon have to spend more in order to get free shipping. that's according to the wholesale giant. starting next month, plus, members will have to spend $50 to have the $8 shipping fee waived. economists say the new policy is part of a larger retail trend to combat rising shipping costs. >> our time now. 647 this is jess with pam cook and new this morning. i want you to meet taylor livermore. police shared a proud moment for its four legged member, tater passed his american kennel club community canine test. it's a ten skill test, teaching good manners to dogs. taylor also received an a in his canine ten trick test. so we say congratulations, taylor. >> a bay area couple has been reunited with their dog after she ran off during a fireworks show on the 4th of july. it was the first time their eight month old goldendoodle had been around fireworks, and she t

right now the government is trying to block kroger's acquisition of albertson because of grocery store concentration, even though they don't have all that overlap once you spin off the ones that do kind of create a problem. you know what? i think trump's people would say that we need a strong kroger to compete against walmart and costco, which means the deal must go through. the current administration doesn't seem to care at all about that. the government is also trying to top tapestry from buying capri because it consolidates the apparel and accessory space. i bet the trump people find that laughable. the gas market soared on the hopes there would be less regulation and more drilling. i want to disagree with wall street today. the oil stocks did not thrive under trump because there was too much drilling and therefore too much added oil supply. if you want to bet on a trump win, i recommend buying the oil service companies only. i imply halliburton because this is a domestic thesis. but the republican administration means more drilling, good for howell, which means lower oil prices. fo

the owners of albertsons stores, which also owns safeway, agree to be bought by kroger.rrently reviewing this deal. bloomberg got a list of nearly 600 stores on the chopping block, and the safeway on washington avenue in san leandro is the only bay area store among them. more than 60 stores would close across california, most of which are in southern california. well, the core four are joining the giants wall of fame and that includes javier lopez, santiago casilla, sergio romo and three time world series champion jeremy mayfield. he played with the giants from 2009 to 2015, and this morning on today in the bay, he said he got emotional when he got the call to be on the wall of fame. it just kind of helped kind of bring closure to us. you know, we retired, we kind of roll off, we kind of do our own thing and this kind of for just me, kind of brought everything together and i was very, very, very flattered by it. post baseball life, he now owns a successful life, he now owns a successful brewery in west texas. tha missing out on the things you love because of asthma? get

the owners of albertsons stores, which also owns safeway, have agreed to be bought by kroger. the federal trade commission is now reviewing that deal. bloomberg has just obtained a list of 700 stores on the chopping block, and the safeway on washington avenue in san leandro is the only bay area store among them. more than 60 stores would close across california. most are located in southern california. taking a live look. oh, the sun is shining. a little bit of cloud cover there in walnut creek. looks like a nice mild morning to wake up to if you need to get out, do it now before the triple digits rejoin us. meteorologist kari hall is here with the breakdown here for a few days, you say? yes, three days of this heat wave. and so, yes, you want to get out there early, try to get in the outdoor activities. the a lot of the work that you need to do out there before temperatures get hot, but also avoid time outside if you do have any heart conditions or breathing problems in the east bay, as well as santa clara valley, it is a spare the air alert. one thing that we can do on these

look at kroger, albertson's, safeway, anything like that.'re talking about, at best, low teens, and, i mean, it's a tough business, right? so, you know, even before whole foods got acquired by amazon, if we sort of re234rek9 back on that, that was the one that traded at the rich multiple, and then they ultimately ended up struggling when people recognized what a challenging business it can be. so, 30 times is getting a little rich. >> all right. >>> coming up, rates taking a leg lower ahead of this week's fed meeting. what today's action could say about the market's next move. >>> and a box office bump for disney. how a big weekend for deadpool and wolverine is boosting stock. what it could mean for disney's future. "fast money" is back in two. >>> missed a moment of "fast?" catch us any time on the go. follow the "fast money" podcast. we're back right after this. oh, absolutely. (inner monologue) my kids don't know what they want. you know who knows what she wants? me! with empower, we get all of our financial questions answered. so you don

grocery store that has a murky future because of a proposed merger between proposed merger between albertsons the taking. grab it. now that was a great halftime speech. let's go win. [jim valvano] don't give up. don't ever give up® >> we hope you enjoyed those cooler temperatures yesterday because the heat is back today. many areas are seeing triple digits again. lisa is here to tell us which areas will be the warmest san francisco mayor london breed among the mayors supporting president biden's reelection bid. >> how other bay area democrats are reacting

albertsons and kroger have released a list of hundreds of grocery stores they plan to sell.lators approve a merger between those two companies. one of the stores on the list is a safeway in san leandro on washington avenue. the merger was announced in 2022, but was stopped by the ftc. now, the ftc is worried about a lack of competition and the control of grocery workers wages. the companies will be going to court again over the merger next month. now we take a live look at the new york stock exchange. as trading gets underway. you can see that we're up about 25 points. >> one city in the south bay is being recognized for having some of the safest drivers in the country. >> san jose has the least amount of people who hold their phones while driving. this is according to a new report by allstate. san francisco ranked number four on that list, the study found. overall honolulu has the safest drivers, with fewer people holding their phone behind the wheel, braking hard or driving too fast. >> some special toads not seeing yosemite more than a decade are back with help from the s

you have a tapestry bidding and you have kroger and albertson's. >> ftc, second request on ibm. >> thatd of stuff is going to end. i think the agencies have been, as is typical in an administration in the third and fourth year, very strident. this kind of blocking will end. it will end, because i think what trump would say is let's get people in there who want business to get done. if that means fhiring, firing. the kroger deal, they've got a largely union workforce, we're not going to fire anybody. >> we got these reports about alphabet/wiz, which we're going to talk to dan ives about. you've got cleveland-cliffs and stelco. >> they're doubling down on hot rolled steel, and i wish they wouldn't do that. but they are a very smart company. one of the things that i found interesting was the stock, it's immediately accruing, but you see a deal and people get bummed out because there is a stock component. i would tell you that cleveland-cliffs is ridiculously cheap and that they're a trump administration meme. i do think when you see some stock in there, you can get it under nine times earn