kroger's potential record $24 billion of albertsons faces multiple legal challenges.don't want this thing to go through. lydia: they are throwing everything they can at the potential marker, the largest supermarket merger in us history creating 5000 stores, 700,000 employees across 48 states. the ftc was joined by nine state suing to block the merger, the agency rested its case last month. this week, two additional state court trials are concluding j judge will hear closing arguments today. regulators say allowing the grocery chains to merge will reduce competition and will lead to increased prices for consumers. executives from kroger and albertsons testified, pushing back hard and say this merger will bring prices down. they also argued we have to look at the food market very broadly, not just traditional grocery stores but amazon, walmart, costco, the big guys, kroger and albertsons can't emerge, they can't compete with bigger players. regulators raise another concern about workers. they say the merger will hurt collective-bargaining. that is why the big union, uni

the albertsons company, which operates albertsons, safeway and vons, has to pay about $3.9 million totle a complaint. the suit alleges the stores charged shoppers more than their lowest advertised prices. some other allegations include inaccurate weights on produce and meats. stores are also required to advertise accurate prices and weights on its products. all right, let's take you back out to walnut creek. you know, it is hot there. it's always a little warm in walnut creek. but when it gets hot like this, jeff, it just gets outrageous. all right, as the october heat wave continues, a lot of people are cranking up the ac and the air conditioning companies are just struggling to keep up. hometown heating and air conditioning in the east bay swamped answering all sorts of repair calls this week. now, they say normally this time of the year, they're servicing heaters, but it's been nonstop ac repairs. concord couple says their air conditioner, of course, stopped working yesterday and they've had their fans running and their drapes drawn. but they say it's still been miserable. i mean,

i have been the leader on halting the albertson-kroger merger. we work with the ftc, and the ftc talked about the new model they were exposed to in hearing from stakeholders, and i am proud of the work that i've done on making sure alaskans can talk about this merger and the negative impacts we have seen from another merger. a number of local grocery stores closed really impacting neighborhoods, communities, and we need to know how many stores would possibly be divested not under the merger. we need to know where those stores are and what the game plan is for that community. need to make sure people have bargaining rights if this merger goes forward. moderator: before we continue with our questions, we would like to remind you again that we want to hear which issues are most important to you. scan the qr code on your screen or go to alaskapublic.org. next we turn to public safety. the need for policing in rural alaska is a long-standing problem. in 2019 then attorney general william barr declared the lack an emergency. world citizens do not have

not to mention their pending merger of albertson.s ceo, rodney mcmillan, is firing on all cylinders with his management i feel this company's undervalued. kroger >> robert, you're right. with albertson i think it's better because they've got to go up against costco and walmart and amazon without it they still do well, but frankly look, this administration i think they'll hold this deal up from now until i don't know, this thing's tapped out how about that let's go to john in new jersey john >> caller: hey, jim, how are you doing today? >> not bad i've got some nice sun here. how about you? >> caller: doing good. my question is gxo with the talk about maybe takeover i've had the stock since 2021 when it spun off from xgo. and i know it's been at the highs lately should i trim, hold or sell out of gxo >> i think you should hold it. it's a really good company it would be icing on the cake if you do get a takeover, but gxo's been a winner. i'm not leaving that stock i'm staying with it. look, we are out here to celebrate american ingenui

so, i am opposing the kroger merger, because the kroger albertson merger will give less choice and increasesecondly, i believe in building more affordable housing. for every 2000 units that get built in the city, it lowers the annual rent by about $2000 for those individuals. building more supply will help us, because housing is still one of the stingy us aspects. i also believe in giving more people access to lower prescription drug costs. the notion that we now have a cap on insulin at $35 for seniors is something that everyone on insulin deserves to have. certainly, being able to negotiate on drug prices and these middlemen who are taking money out of our pharmacies like the kelley raw pharmacy here that had to close because of the pdm clawbacks, we need to stop that and i have a bill in the senate to do so. ms. laven: moving on to public safety now, this remains a top concern for washingtonians. violent crime in our state decreased by four point 8% from 2022 to 2023, but it remains more than 23% higher than in 2019, before pandemic, outpacing the national average. the drug prices, parti

candidatos demócratas y uber eats ahora acepta pagos con snap ebt en todo el país en las cadenas albertsonritivos para más personas, especialmente para los adultos mayores que usualmente no tienen disponibilidad de transporte. le pregunto ha comido subway? escuche esto. la cadena de sándwiches ha sido demandada por engañar a sus clientes. la demanda colectiva afirma que los sándwiches de subway contienen hasta un 200% menos de carne de lo que se muestra en los anuncios. la cadena hasta el momento no ha hecho declaraciones al respecto, pero recordemos también que demandas similares contra otras empresas de comida rápida fueron desestimadas. el año pasado. por otro lado, un adolescente de colorado llamado camberley randal, se enfermó con la bacteria e-coli tras comer hamburguesas de mcdonald's y ha desarrollado un cuadro de insuficiencia renal. ella es una de las 75 contagiadas confirmadas por las autoridades, por lo que ahora su familia planea una demanda contra la cadena de restaurantes y la posibilidad de tener un negocio exitoso vendiendo productos en línea sin hacer mucho esfuerzo. pued

. >> we have been working with the federal trade commission because kroger and albertsons are their twon grocery chains in nevada. we know they want to merge. what happens when they merge? well, they limit competition. they make close to stores and some of our smaller communities that they lose jobs. we are working with the federal trade commission to hold them accountable on price gouging and on against competition. we are also doing the same thing for big oil. they are ripping you off of the gas pump. grocery stores, the grocery chains, big oil are making record profits quarter after quarter. >> mr. brown, can you give us one specific policy you would support moving forward to lower costs for nevada consumers? you have one minute. >> thank you. it's interesting to note that senator rosen struggled to answer the question about groceries. as a family that has been impacted by the higher grocery prices, let me tell you about a couple. as we answer multiple questions tonight, i want to contemplate a question. depending on who wins this election, who benefits the most? is it us here in nev

we've been working with the federal trade commission because kroger and albertsons are the two main groceryevada. we know that they want to merge. what happens when they merge? well, they limit competition they may close stores in smaller communities, which means lost jobs and fewer stores. so we're working to prevent price gouging and competition. we do the same with big oil for gas prices. big chains are making record profits. >> sam brown, can you give us one specific policy you'd support moving forward to lower costs for consumeers? >> it's interesting to note that senator rosen struggled to answer the question about groceries. as a family that has been impacted by higher grocery prices let me tell you about a couple. as we answer multiple questions tine, i want the viewers at home to contemplate a question. depending on who wins this election who benefits the most? us here in nevada? or some special interest or maybe political party back in d.c.? let's talk about those concerns of groceries and higher prices. a lot of that can be impacted by our energy policy. this administration, back

distraction for both companies also, it really sets the tone for m&a in the dindustry you have kroger and albertson'se table you are really scaring away any potential suitors for some of the smaller consumer brands here. >> i want to move on to earnings deckers. they are the owners of hoka. give us your take on the earnings reports and the outlook. and the turn around at nike. how big of a challenge is this >> you look at hoka. hoka sales are up 35%. that's barely a $2 billion brand. nike is a $50 billion rand nike is down double digits and hoka is on fire. it is still a small company that is still on fire and the street has been waiting when will they start discounting? it hasn't. on top of that, uggs had said they really thought they would return to some kind of normal environment of discounting that also hasn't happened. margins are super strong and discounting product is down year over year. nothing to poke holes in here which is why the stock is up double digits. same with skechers it is growing through volume, not just pricing they are selling more units and collaborations with snoop dogg and m

we understand here in particular that albertsons and kroger want to merge.m merge, it will reduce competition and allow them to price gouge. we also have corporate investors that have come in during some tough times in nevada, bought up inventory and now they are jacking up the prices on rent and on homes. i have introduced legislation to hold them accountable. we have to work on lowering prices. we have done that for seniors when it comes to pharmaceuticals, $35 insulin, bringing all that negotiation down billions of dollars back into the pockets of seniors and medicare. my opponent wants to take that away. he was a pharmacy benefit manager. we understand why he said it's a loss for the american people and he would rip it out of seniors' hands. the economic issues are real. we have to continue to work on expanding jobs and lowering costs. that's what we're going to do. >> you have about 30% of the population that are hispanic. how might the puerto rico comments from donald trump sunday night affect that vote? >> i can tell you that we have a vibrant and eng

he had the kroger albertson's merger that is going to be really important here, as of echoes throughgoing to limit our grocery stores. for us, particularly in las vegas, we have this big corporate investors. they come in and bought up all of our available housing or so much of it and they jack up the prices, they don't take care of the homes. when they sell them, their price gouging us. what people want to hear is how do we help lower cost, how do we expand opportunities like apprenticeships, internships, two year, four year, all of our schools. how do we boost our tourism? i brought the bright line train to southern nevada. billions of dollars to boost our hospitality industry. our latino community, they worry about their family, their community, education. i opponent -- i heard this from your last guest. might opponent wants to eliminate the department of education. what happens if all of our kids don't have that level playing field that they need to get an education ? there's a lot on the line here in nevada, in our latino communities. i spent a lot of time there, they know me wel

albertsons is notorious, there is a revenue number for an outsized loss in the catch all division or some figure that shows they paid too much for too little traffic. this time it might be the management is defensive about gemini or the ai platform. even when the quarter is good, alpha can make it sound bad. and maybe they reveal waymo is lose money hand over fist. hard for the stock to go up on earnings for everything to go right, and for this company, it rarely does. then there is amd. now i think this stock is dirt cheap. buy it for the trust. but company just bought zt systems in order to compete nor aggressively with nvidia. and intends to break off ct's infrastructure manufacturing practice, the hardware and sell it. what happens if they don't sell it? what happens if they can't sell it? will the stock get dinged? clobbered? how about the new ai personal computers? are they selling well? we're hearing ing no. there are a ton of variables and no one knows the answers except ceo lisa suh and a couple of other people at amd. but amd has run up from september lows advancing to 369

. >> safeway, albertsons and vons have agreed to pay nearly $4 million to settle allegations over overcharging. across california over overcharging is a tough thing to say. this is across california's seven counties, including several from the bay area, accusing the brands of charging people more than the lowest advertised price as part of the settlement. the grocers will have to implement a price accuracy program if you end up being overcharged. they'll have to pay you $5 as soon as it's discovered. >> a big honor for the san francisco public library's bay beach platform. bay beach launched last year and is a free music streaming platform, really, that spotlights music from around the nine bay area counties in all genres. for all ages. the national nonprofit urban libraries council gave bay beach its top innovator award. the san francisco public library was one of six libraries to win an award out of more than 200 entries, for the first time in over a decade. >> kylie minogue is going to be in the bay area. she'll perform her new hits and some of her old ones. la la la la la la la la. come on

safeway and albertsons have agreed to pay almost $4 million for unlawfully charging customers, more than the store's lowest advertised prices. the suit includes marin, sonoma and alameda counties. as part of the settlement, the grocers also have to implement a price accuracy program and an incentive for consumers to report false advertising to the stores. >> police are investigating a traffic collision in nob hill today after a fight broke out when one of the cars turned over in the crash. here's video from the citizen app showing the damage of the crash. one of the cars overturned on a sidewalk at larkin and california streets. this was just before 10:00. this morning. you can see two people start pushing their hands on each other right before a fire engine arrives at the scene. no life threatening injuries were reported. san francisco will set more barricades in the mission district to try and deter sex workers from gathering. sfmta approved a plan to install barriers in the middle of shotwell street, similar to the barriers installed. one block over on capp street last year. it comes

safeway, vons and albertsons all agreeing to pay almost $4 million for unlawfully charging customers more than the store's lowest advertised price. the suit includes marin, sonoma and alameda county stores. as part of the settlement, the grocers also have to implement a price accuracy program and an incentive for customers to report false advertising to those stores. the city of cupertino will not have to reimburse california for millions of dollars in sales tax revenues. the east bay times reports a state audit showed cupertino owed more than $56 million in taxes after the city improperly entered a decades long sales tax agreement with apple. but a new temporary settlement announced by the city allows cupertino to keep that money. and starting next year, the city will no longer receive a percentage of apple sales tax. well, changes are coming to form forms for the to apply for student aid. what students can expect when they fill out the form next season. >> and the hot weather and heat risk continuing over parts of the bay area through the weekend. i'll have a look at the temper ure

. >> safeway, albertsons and vons have agreed to pay nearly $4 million to settle allegations over overcharging. across california, seven counties, including several from the bay area, accused the brands of charging people more than the lowest advertised price. so as a part of the settlement, the grocers will have to implement what they're calling a price accuracy program. that means if you are overcharged, the store is going to have to pay you $5 as soon as they discover it. >> spongebob fans will soon be able to get a krabby patty in real life. wendy's is celebrating the cartoon's 25th anniversary with some new menu items. fans can pick up a krabby patty crab and a pineapple under the sea. frosty, which is a vanilla, pineapple, and mango flavored milkshake. wendy's says the anniversary food will be available starting october 8th. >> i don't know what a krabby patty is. >> yeah, i wonder if it's is it fish or is it meat? >> i think on that it's probably some sort of just sauce, because it looked like it was just a hamburger with cheese. oh. >> oh, it's just being called. >> it's just called a

i have been the leader on halting the albertson-kroger merger.ith the ftc, and the ftc talked about the new model they were exposed to in hearing from stakeholders, and i am proud of the work that i've done on making sure alaskans can talk about this merger and the negative impacts we have seen from another merger. a number of local grocery stores closed really impacting neighborhoods, communities, and we need to know how many stores would possibly be divested not under the merger. we need to know where those stores are and what the game plan is for that community. need to make sure people have bargaining rights if this merger goes forward. moderator: before we continue with our questions, we would like to remind you again that we want to hear which issues are most important to you. scan the qr code on your screen or go to alaskapublic.org. next we turn to public safety. the need for policing in rural alaska is a long-standing problem. in 2019 then attorney general william barr declared the lack an emergency. world citizens do not have adequate p

what happens on kroger albertson's, different with d.o.j. >> what's amazing is you can now say wait a second, you define the market. if the market is just supermarkets then kroger loses. it's just like handbags. they defined it as accessible luxury which was a term used standly on wall street. >> fascinating. a ton of other movers. we'll get to the apple downgrade, colgate palmolive. futures still in the green. stay with us. i can't believe you corporate types are still at it. just stop calling each other rock stars. and using workday to put finance and h.r. on one platform. tim, you are a rock star. using responsible ai doesn't make you a rock star. it kinda does. you are not rock stars. (clears throat) okay. most of you are not rock stars. oooh. data driven insights, and large language models. oh, that's so rock roll. it is, right. he gets it. yeah. ♪ (alarm sound) ♪ amelia, turn off alarm. amelia, weather. 70 degrees and sunny today. amelia, unlock the door. i'm afraid i can't do that, jen. ♪ (suspenseful music) ♪ why not? did you forget something? ♪ (suspenseful music) ♪ my protei

safeway and albertsons have agreed to pay almost $4 million for unlawfully charging customers more than lowest advertised price. now, that suit includes marin, sonoma and alameda counties as part of the settlement, the grocers also have to implement a price accuracy program and an incentive for consumers to report report false advertising to the stores. the city of cupertino will not have to reimburse california for millions of dollars in sales tax revenues. the east bay times reports a state audit showed cupertino owed more than $56 million in taxes after the city improperly entered a decades long sales tax agreement with apple. but a new temporary settlement announced by the city allows cupertino to keep the money. and starting next year, the city will no longer receive a percentage of apple's sales tax. an electric car company based in southern california slowing down its assembly lines due to supply chain problems. rivian announced it will build fewer vehicles this year than it did in 2023, due to a shortage of auto parts. the announcement follows third quarter production and delive

kroger is still trying to buy albertsons and its subsidiary safeway, but that deal is facing antitrustthe new ceo of starbucks may be staffing levels, according to bloomberg, an internal starbucks survey found only 33% of workers say there are enough workers at their store. employees are also said equipment is frequently unreliable and that those two things lead to delays in getting drinks out to the customers. the new ceo is tasked with turning things around, as sales at starbucks have dropped over the last six months. he did come from chipotle, where he is credited with increasing sales. there might be a few extra chips in your next bag of doritos. pepsico, the owner of lay's, tostitos, ruffles, and doritos, will offer bags with 20% more chips. now, the fuller bags follow consumer complaints about shrinkflation. when companies scale back the amount of a product for the same or even higher price. but some analysts say they're concerned. pepsico is only doing this as a temporary promotion, so i think people will go grab those chips, those extra chip bags. i'm pam cook. that's a look at

safeway, vaughan's and albertsons have all agreed to pay almost $4 million for unlawfully charging customers more than the store's lowest advertised prices. the suit includes marin, sonoma and alameda counties as part of the settlement, the grocers also have to implement a price accuracy program and an incentive for consumers to report false advertising to the stores. >> time now. 517 some frustrated ticketmaster customers are coming forward. they're saying how they were scammed out of their tickets. customers from around the country say they recently bought tickets that suddenly disappeared from their accounts. we talked to a woman from martinez who bought presale tickets to next year's concert of the new kids on the block in las vegas. >> i checked on the ticketmaster website. the tickets were reposted for resale, and they appear to have been resold to some unsuspecting fan that has no idea that these were stolen tickets. >> now she is out of almost $1,300. ticketmaster says the problem was caused because customer information was hacked from other websites. then it was used to log into the

jonathan: if this can't go through, what does it mean for albertson's and kroger? we heard from brian moynihan of a bank of america saying ultimate holding positions, lack of clarity about what it would take to actually get a deal done, what would they allow, what won't they allow? annmarie: that is a good question here also, the election. the ftc chair, her term is up. she can either get another term under kamala harris, although there is a lot of debate in the democratic camp -- some of the billionaire donor class do not want to see her at the top of the ftc. others, like alexandra cortez -- this is the one individual jd vance think is actually doing a good job in the biden administration. jonathan: let's get to the cross asset board. check out the bond market. given equities and helping hand. the 10 year, 4.1960. looking ahead to the payrolls report, sneak peek of our survey, the estimate comes down to 120,000. that is estimate in our survey. coming up, we catch up with jim bianco as traders look ahead to the u.s. election, ed mills of raymond james, and former

time that we need more to do to lower the cost of groceries and that's why i oppose the kroger albertson's merger that would gouge people with higher prices if we don't have competition and wife i have fought hard to make sure we spread these same discounts on prescription drugs, now fight of the same $35 insulin for everybody not just for seniors. our ability to negotiate on drug prices is saving the taxpayer about $7 billion in addition to seniors. this kind of negotiating power is what our fight for. >> thank you, senator. dr. garcia you have 30 seconds to respond. >> yes unfortunately our present government voted for inflation reduction act that even economists from harvard wrote to the ap and said would not lower inflation. washingtonians are unfortunately paying so many more taxes to the pot for the inflation reduction act and getting back little. this is what we have today. we need change. and the right change. >> thank you, doctor. senator cantwell spread the inflation reduction act was paid for and it actually did reduce costs. and the question is, if you buy at costco and you get