kroger trying to buy albertsons.hey have crafted a defensive ves divestiture plan that has not met with approval of the ftc. we've talked about this. both of us aeptd the ftc would sue. does kroger have a shot of winning in court? >> no, i don't think so. i think you get to page 20 and 21 of the grievance -- very well written. >> the complaint. >> the complaint. very well written. it talks about the last time albertsons did this, selling 168 supermarkets to resolve the competition concerns when they did safeway. stores sold largely to hagan. the divestiture did not reserve competition -- cns which is piggly wiggly, unlike hagan that was not a shrewd operator, piggly wiggly has money here. >> they do. a number of important players backing including softbank. there's the expectation they have the wherewithal. >> i don't know that jonathan kantor feels -- i explained this to rodney mcmullen, the ceo of kroger, the one thing that kantor and khan have in common, they feel these deals sell when you carve off and say, we've

kroger and -- gorillas. them more heft to buy in volume, and groce i have is such a thin margin type of business that the winners are able to do huge volume. why does that not fly with the finishing tc that these two together are still tiny compared to those big names? >> it's a great question, liz. a couple of points. one is that in many hundreds of local communities around the country, kroger and albertson are the top two providersover groceries for those communities. and if you look at the market share of these companies in places like alaska, oregon, washington california, the combined company is one of the few options that individuals would have for groceries. the other thing that's important, liz, is that our complaint alleges these two companies are each other's top competitors, number one competitor. they aggressively compete against each other for to motions, discounts -- promotions, discount, better service, quality of goods, and that's exactly the type of competition between two competitors that t

walmart if the market is speaking the market agrees with kroger walmart is moving higher by 2% at the moment. by the way it just announced a three, four, one split. let's get to amazon on the first day of trade is the newest member of the dow 30 the e-commerce and tech giant hit a two-year high and headed south the north and south and north and right now it is flat at the moment a lot of volatility for amazon which stands at $174.96 let's get to the broader market, any gain and the dow and s&p 500 will be another record right now we do not have it both are to the downside the dow is losing 16 points, the s&p down 12. we do have a stunning nvidia status, the chipmaker adding another fraction of a percentage the gain is again, the stock price stands at $789.81. nvidia has seen one point portraying dollars added to the market cap over the last year. nvidia might be up today but you cannot say the same for mag seven alphabet, this is an unusual downside for google. alphabet is down 4%. an underperforming big tech. it's gemini a.i. tool which google was forced to pause last week after it p

the ftc is prepared to block the kroger deal.ow do you see the mood music out of washington in terms of deals going through this year. >> it has clearly become negative. i think these -- if these are approved it will take a long time. i'm not sure they can get done in time for the november election. lisa: this is one of the biggest places where there's daylight between who may be president? the policy is different if biden is in the white house versus trump. >> there are big differences. the other one is jerome powell. trump would try to dismiss him within days of his inauguration. one of the most intriguing ones is defense. we will see biden spending more. lisa: going back to nikki haley talking about donald trump this sort of full circle here. is there a feeling that one or both of these candidates will drop out with trump being forced to from legal pressures and she staying in long enough to pick up where he leaves off. >> her strategy is clearly to see if trump struggles if he gets convicted in a trial, if he makes more gaffe

if albertsons and kroger merge? california attorney general rob bonta thinks so.f these two behemoths of the retail grocery industry combine forces, it's very likely that we'll see reduced competition. >> a serious blow to unions looking to negotiate better working conditions, higher food prices across the country at a time when so many families are already struggling just to get food on the table. bonta the federal trade commission and a bipartisan coalition of states announced a lawsuit challenging the proposed merger this morning . it's bad for workers. it's bad for agricultural producers. it's bad for consumers in california and across the country. >> if successful, the lawsuit would block kroger's $24.6 billion purchase of albertsons, the two largest national supermarket chains in the country, according to bonta evans cashier, saying today that the 2015 albertsons safeway merger put her livelihood at risk. >> it came with a cost a demotion and a pay cut of over $2 an hour. our customers and consumers deserve more. our neighbors rely on local grocery stores th

kroger and albertsons.inistration is suing what would be the largest supermarket merger in american history. it argues it would lead to higher prices. is it true? we'll have a closer look for you when we roll on. with so many choices on booking.com there are so many tina feys i could be. so i hired body doubles to help me out. splurgy tina loves a hotel near rodeo drive. oh tina! wild tina booked a farm stay to ride this horse. glenn close?! with millions of possibilities you can book whoever you want to be. that's my line! booking.com booking.yeah here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built-n engine like google, but it's pi and doesn't spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your

the headline is kroger to lower prices following merger with albertsons.se here basically goes on to detail to a certain extent all the different times during their previous deals where they have consistently lowered prices they say and also improved the customer experience, investing more than 125 million to lower prices at harris teeter, more than 100,000 to lower prices at roun difficults in 2016. also improving the shopping experience overall. you can see the quote here, one o of the quotes from the company. we're getting closer, jim. my understanding is by the end of the month we should hear from the ftc. let's call it late february, where they will make a decision as to whether they're going to challenge kroger's purchase of albertsons and as well the associated divest tour package which involves cns buying those divested as saets with what would seem to be a good deal of financial fire power behind it so they can compete. but jim, the preponderance of views is you're going to get a challenge from the ftc here, and then the question will be what can

blocking kroger's takeover of albertson.ates and washington dc and imposing a deal. the merger would be the biggest deal in history. alphabet shares fell almost 4.5% yesterday on fears that missteps are putting business at risk. they have warned that google is an unreliable source and could create an opening for competitors. jonathan: biden pressuring congress, head. >> i think what ends up happening year is that they kick the can for a week or two. jonathan: this is bloomberg. ♪ how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. jonathan: equity is the thing just a bit. . 10 here today. biden pressuring congress. >> the odds of avoiding a shutdown short-term are pretty good. they will probably kick the can a leak or two. the idea is that i april 30 there will be cuts, if they cannot make a deal. jonathan: coming a leak before a full on shutdown. we belie

it's to block the merger of kroger and albertsons.competition and lead to higher food prices. the attorneys general of eight states and d.c. join the lawsuit. the companies plan to challenge the ftc. >>> family dollar stores have pleaded guilty to holding consumer products in a rodent-infested warehouse in arkansas. the department of justice released a statement on monday says family dollar admitted to keeping food, drugs, medical devices, and cosmetics in the unsanitary conditions. family dollar must now pay $41.6 million. >>> you'll need a lot more than faith to get your hands on the michael george coins. the coin released by britain's royal mint has an image from his 1987 "faith" video and ranges in price from aurjds $20 to more than $6,700. it's the latest edition of the legend series. that's your "cbs moneywatch" report for this tuesday morning. i'm carissa lawson, cbs news, new york. >>> a member of europe's rothschild banking industry has died. yesterday the family announced the death of binancier and f philanthropist jacob rot

and albertson's they say it will eliminate fierce competition between kroger and albertson's and reedad to higher prices we're talking about the second largest grocer behind walmart and the fourth largest grocer. the fear is that they'll eat up competition and become muching abouter much bigger players. on the other side, we've been speaking about wendy's, right? this is very interesting according to location, time and demand, prices may begin to increase or decrease, dependent on that. almost uber style, when you order a uber and there's perhaps a price surge, not just because of demand, that's pretty much what wendy's is saying here. they're investing $20 million to roll out digital menu logs which could ultimately be changed at very short notice in order to get a little bit more out of consumers. whether consumers will like this or not, or just go through on the down times will be interesting to look out for. >> if not, there's alwaysburg are k burger king and mcdonald's >>> hollywood's biggest night. the latest on an oscar showstopper from ryan gosling. showstopper from ryan gosli

kroger's proposed deal to buy albertsons is valued at 24.6 billion dollars tax company r block is getting hit with a lawsuit by the ftc over claims that it falsely advertised its tax prep product as free and pressured users to pay for expensive services. the ftc claims to the tax agency offered more expensive online products even if customers didn't need the extra forms. the agency also claims h r block made customers go through a lengthy process to downgrade their service and then allegedly deleted the previously enter data to incentivize downgrading. the ftc says h r block has been using deceptive marketing for years and adds a formal complaint means it has reason to believe a law of public interest was violated. >> still ahead on kron, 4 news at 6, a woman is behind bars tonight after police say she stole an amazon delivery band while driver was out delivering packages. the reason she apparently told police she did. plus, we're checking a spike in norovirus nationwide. what that entails and how you can reduce your chances of getting it. and then the chief is my belief. students at a sc

and kroger on the other hand, is saying, well, wait a minute, guys were actually creating this merger to provide diversity in the market to compete with the walmarts, the amazon, the cost goes up the world. >> they say that because of this >> deal, they'll actually see $500 million in savings which they are going to then use to reduce food prices to provide promotions for customers. but the ftc isn't buying it, and that's why they are ultimately suing kroger says they're going to be appealing this it's deal. but the ftc is known to pick their battles and i think this is a battle that they're going to stick with. they really want to make sure that the american sumer is winning in the end. and they see this deal as a threat to that. it's a good point. the ftc tries to pick fights that it thinks they can win. yeah. finesse your kabore's. thank you very much. >> also, on our radar this hour, the pentagon says an internal review of the defense secretary is delayed notification of being hospitalized for review, found no ill will or intent to obfuscate despite finding no bad intentions. the

kroger's sub proposed deal to buy albertsons is valued at 24.6 billion dollars.t broke records this weekend. the agency posting on social media more than 123 1000 people took part to get around on saturday. the previous record was 116,000. bart gave a shout out to the san francisco chinese new year parade and the oakland fans staff for helping to boost the amount of writers. >> up next at 5 here it is a new effort to try to tackle 2 of california's biggest issues. the legislation lewmakers say we'll help retail theft and the opioid crisis. plus, a number of services says the east bay were knocked out after a recent ransomware attack. we'll let you know where things stand tonight. plus, a highly contagious stomach bug. is making its way across the country. what colder temperatures could be affecting the way at cretors, we handcraft every batch of our delicious popcorn. like our cretors cheese and caramel mix. great on their own, even better together. try cretors, handcrafted small-batch popcorn.

kroger proposed a $24 billion deal back in october of 2022. the grocery chain said the merger would help them compete against walmart and amazon. today, attorney general rob bonta said the merger would lead to fewer choices for consumers, and that would drive prices up. he's joining the ftc and other states to block the merger. >>> the supreme court is hearing a case right now over speech on social media. it comes after states like texas and florida passed laws saying social networks should not be able to sensor people's posts. on one side, those who say sites like facebook and x are like newspaper. they should get to decide what's in it. the other side argues that the networks are more like telephone systems. anyone should be allowed to use it for any conversation they want, and the phone company shouldn't stop them. we are not expecting to get a ruling from the justices today. >>> want to take a peek outside, this time from the east bay overlooking walnut creek. we're tracking your monday forecast, coming off a really nice weekend. but the r

the kroger and albertson's deal. the kroger and albertson's deal.xt. >> announcer: this cnbc program is sponsored by baird. visit bairddifference.com. every change leads to a bold possibility. you have the vision. we have the insights, financial solutions and global perspectives to help you make it real. barclays corporate and investment bank powering possible. hey you, with the small business... ...whoa... you've got all kinds of bright ideas, that your customers need to know about. constant contact makes it easy. with everything from managing your social posts, and events, to email and sms marketing. constant contact delivers all the tools you need to help your business grow. get started today at constantcontact.com constant contact. helping the small stand tall. >>> the federal trade commission filed a lawsuit to block the merger over kroger and albertson's. joining us, kathy o'neal, former senior director, and people are separated on this, and there are people that say the elephant in the room is walmart and kroger and albertson's should be able

kroger says blocking the merger is what will actually hurt customers and workers.umber four, if you're in the south bay, you can get a jump start on summer camp for your kids. >> santa clara parks and rec is having a summer camp fair at the community recreation center today on kelly boulevard. dozens of camps will be represented. they'll be there from 530 to 7:30 p.m. camps begin the week of june 3rd. number five. >> take a look at this picture from sutro tower. the golden gate bridge looking great in that sunshine this morning. it is quite cold out there. we have frost advisories up in the north bay. this until 9 a.m. because you can see our coldest cities right now, lake sonoma starting at 35. at 37, saint helena, even danville right now in the east bay at 37. so that winter coat going to be your best friend this morning. but take the sunglasses with you because it's nothing but sunshine today. enjoy the dry weather, afternoon highs will get you into the upper 50s and mid 60s. just a few degrees below average for this time of the year. >> number six traffic is pr

kroger says blocking the merger is what will actually hurt customers and workers. >> number four, if you're in the south bay, you can get a jump start on summer camp for your kids today are already talking about summer camp in february. santa clara parks and rec is having a summer camp fair at the community rec center on keeley boulevard. dozens of camps for all ages will be there from 530 to 7:30 p.m. camps begin the week of june 3rd. listen we're only three weeks away from spring, so summer is just around the corner. >> but this morning it feels like winter frost advisories are up for the north bay. we're starting out in the 30s and our coldest areas, but we have clear skies. get ready for a bright day. sunny afternoon ahead with temperatures in the upper 50s to the mid 60s and our number six live. >> look outside at our bay bridge toll plaza. camera metering lights are not on yet. no weights for you right now. and from the toll plaza to san francisco, it will take you 12 minutes. >> number seven, wendy's is going to roll out uber style surge pricing. that means you could pay more

and have quality and options and a high high level services. >> kroger's proposed deal to buy albertsons is valued at 24 and a half billion dollars. >> consumers are rising costs and experts say it actually appears to be working frustrated by high prices. more americans are reportedly opting for store brands. discount taylor's and turning to used cars. and that's now pushing some large companies to slow down price hikes. analysts predict smaller price increases ahead, signaling consumers growing influence in fighting inflation. >> wendy's is taking a page from uber's playbook. the fast food chain is planning to test a surge pricing model, but prices will either rise or fall based on demand meeting a burger. we'll probably cost you more during the lunchtime. rushton i don't know 3 in the afternoon when the ceo says they'll be in testing. this surge pricing model starting next year. >> next, a murder investigation in santa cruz after woman's body was found at the beach and it's why police believe her boyfriend was behind the murder. plus, a disturbing warning for parents after california m

several states filed a lawsuit monday to block the almost $25 billion merger between supermarket chains krogerertsons. the agency says the deal would lead to higher grocery costs. >>> and 30 years after it was founded, a south london shop bought for just 50 cents a proof copy of the first harry potter novel has sold at auction for nearly $14,000. for more, download the cbs news app on your cell phone or connected tv. i'm ca rrissa lawson, cbs news, new york. >>> god, just be with us. >> tonight this just in. for the first time, we see the body cam video from the shooting at joel osteen's megachurch. >> we need units now. >> the new footage showing the heroic actions by off-duty officers as we learn the 7-year-old shot is still fighting for his life. >> i need the m.s. asap. >> announcer: this is the "cbs overnight news." >>> i'm norah o'donnell, and thank you for being with us. we are following a number of developing stories, but we do want to begin tonight with that breaking news and that first look at the shocking body cam video from the shooting at celebrity pastor joel osteen's houston chu

kroger's point is costco is a big player, target's a player, dollar stores are a player, and the ftcre the two biggest grocery chains i think the union piece is really important, too, because they included labor, the ftc, and i believe believe for the first time as part of their legal argument in the complaint, not just about harm to consumers. >> i'm glad you had him. we'll continue to focus on the potential for that transaction. >> they have earnings next week, too, so more to come. >>> we have a whole lot more on the fed, inflation, the markets. tomorrow we'll sit down with chicago fed president austan goolsbee that will be a first on cnbc interview. market coverage continues. rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i'm also mr. leg day...1989! anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. i go through a lot of pants. before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectu

so kroger or's is coming out and saying we're not going to do that.'re going to use our merger to lower prices so we can compete with walmart which is the biggest grocery store. stuart: coming up, a new study out of new zealand claims eating a kiwi a day could improve your mental health in just four days. is dr. marty papa carry convinced, or is this just another fad? we'll discuss. >>> this time inviting a speaker who tried to justify the october 7th terrorist attacks on israel. we'll bring you full story. >>> nearly 14,000 migrants were apprehended in arizona -- actually, just in the tucson area -- in just the last week of january. has the state become the epicenter of the my garth grant my kris? i'll put that to sheriff mark lamb. he's next. ♪ ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive

why the deal to combine kroger and albertsons will be bad for customers. >> drug delay.usands of pharmacies still facing -- nearly one week after a cyber attack hit the nation's largest health insurer. bad blood. trouble on taylor swift's to her as her father is accused of assaulting a paparazzi in australia. >> burger surge: how wendy's is taking a page out of uber's playbook when it comes to prices. the fast food wars heating up giving a frosty reception. >> just what the doctor ordered. how a $1 billion donation is radically changing the lives of these future doctors. ♪ ♪ >> spring break on a budget. shredding prices. it's becky versus gl to see who can find you the best savings from skis to the high seas. >> it's my job it's just beach. >> the man behind the tan. ryan gosling's oscar moment is finally here. ♪ ♪ you are not dreaming. live in times square, this is "good morning america." >> "good morning america." hopefully, you know that you are not dreaming with the oscars less than two weeks away now. >> looking forward to that. as you get ready for the morning comm

the federal trade commission is suing to block the merger between kroger and albertsons, the companies say joining forces will help them better compete with walmart, amazon, costco and other big rivals. but the ftc claims a merger will eliminate competition and drive prices even higher. in the meantime, customers looking to save are increasingly turning to store label brands need cream cheese for your bagel? a 12 ounce tub of kraft's philadelphia cream cheese and one store in virginia cost $6.69. the store brand 319 a 32 ounce bottle of heinz ketchup is. 629. the store brand alternative just 169 kellogg ceo is facing backlash for his cost saving tip. he suggested people feeling the strain should eat cereal for dinner. >> think about the cost of cereal for a family versus what they might otherwise do. that's going to be much more affordable . well, i'm all for innovation and marketing, but the idea of having cereal for dinner is there. the potential for that to land the wrong way? we don't think so. in fact, it's landing really well right now. carl >> well, as for the new prices at wend

the state of california, they are suing grocery giant, kroger and albertsons to block them from merging. >> lot of consolidation and it's up to us to stand up for everyday folks, for workers, for consumers, for folks who want to pay a fair price. and have quality and options and a high high level services. >> california joins the ftc in 7 other states and the district of columbia. and following monday's lawsuit say it will result higher prices, reduce customer choice. lawsuit also says the merger violates federal anti monopoly law. kroger's proposed deal to buy albertsons is valued at 24.6 billion dollars. >> for your money this morning, state superintendent tony thurmond is back in new legislation now to provide paid pregnancy leave for all california public school employees, a coalition of educators others joined him at the state capitol monday to shine a spotlight on the fact the teachers don't currently receive pay pregnancy. leave. >> kind of outrageous. sardine time right now that we're in a we need teachers, we need educators and pete and women are a few male dominated profession

kroger and albertsons. over $24 billion deal back in 2020 to the grocery chain says the merger would help them compete against walmart and amazon but the federal trade commission and california's attorney general disagrees they believe the merger with me fewer choices for consumers and drive prices up. today they will try to stop the deal. >>> we have more details on donald trump civil fraud case he's moving to the appeals court. former presidents attorney saw the notice of appeals today. his trial over his civil fraud lawsuit started october last year. the state accusing him of lying about it as well. also inflating the value of his property. a judge ruled last month that he has to pay $454 billion. another penalty a judge ruled last month he has to pay 454 million. he's not allowed to leave any -- the appeal assured the legal fight over his business practice will be in the thick of the presidential election but he could lose a sizable chunk of his fortune and it could force the sale of some of his most ic

kroger proposed the steel to buy albertsons, which is valued at 24.6 billion dollars. caters in the east bay school district and the pleasanton unified school they were together this afternoon as the teachers union is saying they voted to authorize a strike if their demands are not met. they are asking for over 14% pay increases to keep up with the cost of living. the union says the pay raise but help attract and retain high-quality educators. they're also calling for more student resources along with smaller class sizes. in case loads this rally set to start at 3.45 this afternoon and ahead of the rally, the pleasanton unified school district says, quote, we remain willing and hopeful to continue to collaborate with the association of pleasanton teachers to reach a mutually beneficial agreement that supports an increase in salary and benefits within our means while maintaining our commitment to our broader community as fiscal stewart's. let's talk about our forecast right now. here's a nice pretty picture here. looking out towards the golden gate bridge place and gree

the state of california is suing grocery giant kroger and albertsons to block them from merging. >> lot of consolidation and it's up to us to stand up for everyday folks, for workers, for consumers, for folks who want to pay a fair price. and have quality and options and a other states and the district of columbia following monday's lawsuit saying it will result in higher prices and reduced customer choice. the lawsuit also says the merger lyla is federal anti monopoly law. kroger's proposed deal to buy albertson is valued at 24.6 billion dollars. >> for your money this morning, state superintendent tony thurmond is backing new legislation to provide paid pregnancy leave for all california public school employees. he was joined by coalition of educators and mothers at the state capitol on monday. they expressed concerns over teachers not currently receiving paid pregnancy. leave. many who spoke shared frustration that teachers often have to leave the job on their own time and own dime due to pregnancy. >> just sardine time right now that we're in a we need teachers. we need educators an

. >> the ftc filed suit today to block the merger of kroger and albertsons. the two grocery stores agreed to merge back in 2022, saying it would help them to better compete with walmart, amazon, costco and others. analysts say the merger would give the combined company control of about 13% of the u.s. grocery market. that's less than walmart, which controls 22% of the market. kroger and albertsons say they will be challenging this lawsuit in court. >> a google is planning to relaunch an artificial intelligence tool after it was taken offline. just last week for creating historically inaccurate images. google officials say that they expect the tool gemini ai, to be released in the coming weeks. now, the company paused the tool after its users noticed it created images of people that were not historically accurate, such as founding fathers with skin tones and genders that were not correct. >> but it turns out that you know that we it wasn't working quite the way we intended it to work. it had these issues with the historical figures. so and this points out one

kroger's proposed deal to buy albertsons is valued about 24.6 billion dollars. state superintendent tony thurmond, by the way, is backing new legislation to provide paid pregnancy leave for all california public school employees, a coalition of educators others joined him at the state capitol monday to shine a spotlight on the fact that teachers don't currently receive pay pregnancy. leave. >> kind of outrageous. sardine time right now that we're in a we need teachers, we need educators and pete and women are a few male dominated profession and we don't have maternity. so it is surprising and it does seem like something from the past that should have been fixed already. >> well, there is no formal opposition to this legislation. at the moment. we'll keep following the story. we'll take a break here on the kron. 4 morning news. but coming up, all eyes back on boeing after a safety report reveals more discrepancies. >> we'll tell you why the fda is now calling for a major overhaul. and after the break, troubling reports for youth here in california. we'll tell you

kroger's proposed deal to buy albertson is valued at 24.6 billion dollars. >> in news for your money this morning, state superintendent tony thurmond is backing some new legislation now to provide paid pregnancy leave for all california public school employees. he was joined by coalition of educators and mothers at the state capitol on monday. they expressed concerns over the fact that teachers are currently receiving paid pregnancy leave and many who spoke shared frustration that teachers often have about having to leave their job on their own dime due to pregnancy. >> kind of outrageous. sardine time right now that we're in a we need teachers, we need educators and pete and women are a few male dominated profession and we don't have maternity. so it is surprising and it does seem like something from the past that should have been fixed already. >> there's no word on if there's any formal opposition to this at the moment. 7.26. is the time coming up next on the kron 4 morning news. the biden administration is focusing on port cybersecurity. tell you how the new investment strategies

the federal government says albertsons and kroger shouldn't be allowed to combine. and what we could see at the store if they do. >> and today, the warriors will start a very important four city east coast road trip. they're also welcoming back a star ball handler who's been out with a broken hand for almost did my legs shrink? i can move them. i mean, i knew alaska airlines' premium class had extra legroom but this... this feels different. okay. crazy idea. on the count of 3... i'm going to try and cross my... ohhhhhhhhhhh boyy that's nice. woooooo! ( ♪ ) "overflowing with ideas and energy." that's the san francisco chronicle endorsing democrat katie porter for senate over all other options. porter is "easily the most impressive candidate." "known for her grilling of corporate executives." with "deep policy knowledge." katie porter's housing plan has "bipartisan-friendly ideas to bring homebuilding costs down." and the chronicle praises "her ideas to end soft corruption in politics." let's shake up the senate. with democrat katie porter. i'm katie porter and i appr

they bought the winning ticket at kroger, and one member of the group found a creative spot to hide thedy to claim the prize. >> so i thought if somebody breaks in, they are not going to pick up a math book. yeah you play the lottery knowing you have a chance, and then when it happens, you think there's no way this is true. so split 30 ways. >> they each got about $24,000 after taxes. not a bad bounty. next it's apples first entirely new product in a decade. >> the much anticipated vision pro headset goes on sale today. apple says it's compatible with more than a million apps, one reviewer said using the $3,500 device is like swiping around on your iphone. if your iphone was strapped to your face. an apple executive spoke to our will reeve about customers being able to try it out in a few dozen apple stores says the best part about giving these demos is watching those reactions, and i will say it's or it's wonder. >> sometimes we've had some people cry. it is a really transformational experience. >> how close you can get more than 200,000 headsets have reportedly been sold since preorde

who's suing to keep albertsons and kroger from combining what do i see in peter dixon? i see my husband... the father of our girls. i see a public servant. a man who served under secretary clinton in the state department... where he took on the epidemic of violence against women in the congo. i see a fighter, a tenacious problem-solver... who will go to congress and protect abortion rights and our democracy. because he sees a better future for all of us. i'm peter dixon and i approved this message. when peter dickson led my platoon into combat in afghanistan, he cared about two things: completing the mission, and making sure his marines came home. and we all did. pete's always fought for what he believes in, and i know he'll do the same in congress for affordable housing, the rights of women, and the democracy he swore to protect. because helping people who need it has always been pete's mission. and i know he'll get it done. next generation veteran fund is responsible for the content of this ad. here's your biggie bag. all that food for 5 bucks. -that's my go to. -oooh

the federal trade commission is suing to block the merger between kroger and albertsons. companies say joining forces will help them better compete with walmart, amazon, costco and other big rivals. but the ftc claims a merger will eliminate competition and drive prices even higher. in the meantime, customers looking to save are increasingly turning to store label brands need cream cheese for your bagel? a 12 ounce tub of kraft's philadelphia cream cheese and one store in virginia cost $6.69. the store brand 319 a 32 ounce bottle of heinz ketchup is. 629. the store brand alternative just 169 kellogg's ceo is facing backlash for his cost saving tip. he suggested people feeling the strain should eat cereal for dinner. >> think about the cost of cereal for a family versus what they might otherwise do. that's going to be much more affordable . >> well, as for the new prices at wendy's, they'll be tested next year. >> we'll see how that goes. coming up, taylor swift's father accused of assault. >> also ahead, a witness at the rust movie set shooting trial describes the moment

naveen: i look at home depot, kroger, etc. you.nt and furnishing sector and they are seeing a slowdown which should not surprise us after such a robust 2020 and 2021 as people were working from home. it's hard to max that year-over-year. t.j. maxx and those brands have shown their resilience in the fourth quarter. out of those sectors, they show strong year over year results. if you look at the way consumers buy, they look for value. it will show up in the grocery sector, home goods, and i look at those as bellwethers. sonali: how do you think consumers will start to respond in terms of pricing? do they feel they need to slow down more? keith: they have already trended down. naveen: if you look at the way they have behaved since 2008, the value retailer has taken away from the legacy retailer. if you look at dollar general and tj maxx. they have pivoted away from legacy retailers. this has been a 13, 14 year journey for them. that will be a continuing trend, not just a phase. sonali: is there a connection between the inflation we a

. >> there's an effort underway tonight to block the proposed merger of albertsons and kroger, america'swo largest national supermarket chains. california attorney general rob bonta says california among the states joining the federal trade commission lawsuit to stop this deal if it went through, it would be the largest supermarket merger in history. the lawsuit claims the merger violates federal law and would lead to higher prices, store closures and job loss. >> there's no other way to say it. it's bad for workers. it's bad for agricultural producers. it's bad for consumers in california and across the country, the lawsuit is also supported by labor unions representing grocery store workers. >> the merger, announced in 2022, includes dozens of chains, including safeway and vons. the companies claim the deal would actually reduce prices for shoppers because of their buying power. >> happening tomorrow, another release of these mega popular stanley tumblers, the hefty, thermos like cups have become so sought after they're now having to do a sweepstakes style release. the release for the

eso dice en lugares como walmart y kroger, al igual que aplicaciones de envío y reservas como ubereatsu san valentín? según esta tendencia, en tiktok no importa cuánto tiempo lleven juntos ni qué tan obvio sea que pasarán el día en pareja, hay que preguntar por eso. hoy miles de enamorados comparten sus amorosas y chistosas respuestas como la de este conductor latino que decoró el interior de su camión con corazones, caramelos y peluches para su esposa. solo otros videos como el de esta joven sirven de recordatorio para los novios. falta el agua, pero entre los más virales, con 10 millones de vistas, esta el de esta bebé pidiéndole a su papá que fuera su san valentín vestida con sus mediecitas rojas y este abriguito su mamá la ayudó a pintar y decorar su pequeña pancarta. es el primer año que celebramos san valentín con nuestra princesa, así que dije pues hay que hacerle un detallito claro que soy tu valentín. claro. gisela y su esposo llevan 7 años juntos. mi esposo siempre me dice el amor es como una planta, hay que regarla todos los días. y es que, según los expertos, esas pequeñas

comisión federal de comercio y a otros políticos que se oponen a una posible unión de los supermercados krogerres y un aumento en los precios. el director ejecutivo de at se disculpa por la interrupción de servicio y anuncia una compensación monetaria. silvana henao, de nuestra cadena hermana 100, nos habla sobre esto y otros temas. hola, qué tal amigos? yo soy silvana henao y esto informe cnbc para telemundo. samsung presentó su último dispositivo portátil llamado el galaxy ring. el anillo inteligente se lanza con funciones para monitorear su salud, que incluyen revisión de la frecuencia cardíaca y del sueño. el galaxy ring saldrá a la venta este año, aunque aún no se sabe cuánto costará. el director ejecutivo de att se disculpó y anunció que la compañía ofrecerá 5 $ en crédito en la factura a miles de clientes afectados por la interrupción de la semana pasada. john stanky dijo que los consumidores y los clientes de pequeñas empresas afectados recibirán un crédito automático por el costo promedio de un día completo de servicio y más de la mitad de las personas que quieren comprar vivienda dic

ashley: the government is suing to block a $25 billion supermarket super merger between kroger and albertson's has high food prices have become a flash point to us consumers. hedge fund manager jonathan honing has a little more in the paycheck. what are the implications for the grocery sector. how do you see it playing out and what are the implications? >> reporter: the government is talking about the greed of corporations being the cause of high grocery prices, nothing to do with the inflation they cause but going after these companies. antitrust is ineffective, immoral and impractical, and and and it's important in industry like groceries. there was massive profit margin of 1.7% and the government saying no competition. what about instant car, amazon, renewable places for consumers to get groceries. standing in the way of this merger is in the way of progress for the economy. ashley: if you play devils advocate, the less companies in a certain sector the easier it is to dominate and set prices wherever they want. >> look at the history. and staples and office depot, a merger that had to happ

kroger's dan thorn live for us in the city tonight. after talking with business owners already getting ready for what could be a while back for forty-niners fans win or lose than yeah can. and vicki, the mission district is a place that people really like to party, especially when a local team is doing well. and sometimes those parties get a little bit out of hand. but some mission does. business mission, district businesses say >> that they are a happy to have a lively neighborhood, but they also want people to be safe. >> the mission is often the place to be when a bay area team is on a championship local businesses say it's great to have a happening neighborhood for super bowl sunday, but hopefully things do not get too crazy. and the mission does get rowdy. but i don't necessarily think it's anything to be concerned chase johnson is general manager of elixir saloon on 16th in guerrero. he says the mission has a deep connection to bay area sports teams and is expecting a fun crowd on sunday. a group of the i've seen the warriors win

. >>> we are watching shares of kroger and albertson's after the block of the merger after it would result in higher prices for shoppers and lower wages for workers. >>> not out of the woods yet. that is the outlook on the fed inflation fight from kansas city president jeff schmid. stressing patience when it comes to rate cuts. >>> here is what to watch today on the economic front is durable goods and economic figures and the s&p shiller home prices. we get results from lowe's and macy's as well as e-bay. >>> stocks are looking to share off the trading week. stocks are in the green across the board. the dowwould open up higher right now. on "mad money" last night, jim cramer said there are reasons to be on thptimistic with the quary rules. >> these are all signs emblematic, not a bubble. stocks are going up on rationale experience. they are not going up on the dreaded multiple expansion where people keep paying more for the same earnings. >> for more on this and the trading day ahead, let's bring in jenny harrington from gilman hill. >> good morning, frank. i'm doing my homework up until t

it's not kroger and albertsons getting together. >> how do you work it? >> i don't know.asn't your dad an antitrust -- >> he was. >> have you talked with him about it? >> i have not talked about this transaction. i think he would make the argument this is anti-competitive. >> with margins of 1% in that business probably, right? >> because again part of it is the business isn't just selling the food the way you think it is. it's selling the shelf space. i mean the shelf space is really sold. people forget that when you walk into a store, most of these companies -- in some cases they're paying for shelf space. that's a whole different business. and if you're the only -- if you're the app store, you're the only place in town. >> you know it's for the unions that need them to offset each albertsons against each kroger at contract time. >> we can talk about unions, but i don't think we're going to have time. we can talk about the big starbucks story, starbucks is about to -- to it's grand capitulation. >> it's reappeared. oh, my gosh, that never happens. >> let's talk real qui

federal trade commission is suing to block a 25 million -- $25 billion deal between albertsons and krogeray it will lead to higher prices, store closures, and job losses. you also have altice. charter communications looking at a takeover of the cable provider. it is unclear if a formal approach has been made. we will follow that one. you can follow the latest company buzz on tren go on your bloomberg terminal. coming up, food giant james tops estimates in his first earning support since -- jm smoker. we will speak with the ceo next. this is bloomberg. ♪ ♪ ing? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh katie: shares of the jif peanut butter maker and jm smucker are higher after beating estimates thanks to strong demand for its pet food and pantry staples. for more we are joined by bloomberg intelligence research analyst. this was their first earnings report since they acq

the biden administration is moving to block a proposed merger between kroger and albertsons.he deal would be the largest supermarket merger in u.s. history. the federal trade commission filed suit today saying it would eliminate competition and drive up prices. on wall street stocks lost a little the dow jones lost 62 points to close at 32,069. the first u.s. moon lander in more than 50 years is expected to go dark tomorrow. intuitive machines says its odysseus craft landed sideways so it cannot operate for a week. japan sayitmoon lander also resting on its side survived the weeks long lunar night and is operating. still to come, looking ahead to michigan's presidential primary and afghan activists memoir, the flight -- plate to educate women . and artificial intelligence helps decipher ancient scrolls varied in volcanic ash. >> this is the pbs newshour from weta studios in washington and the west, arizona state university. amna: the supreme court heard arguments in a consequential case navigating first protections on social media. tech companies taking on state laws decrying

this hour, the ceo of kroger responding to the ftc on the agency's block of its albertson's merger. >of pce inflation report tomorrow and what he expects from the fed. >> the ceo of cava on a huge earnings beat and same-store sales surge for the quarter, a lot higher than the market was expecting. >> for sure. >> major indices right now are still under some pressure, but rising towards the flat line. the s&p 500 is almost back to

i want to check kroger in albertsons the ftc is expected a lawsuit blocking the proposed merger betweenuld be a $24 billion deal but it created a grocery empire with more than 4000 stores under its banner that sparked antitrust concerns over -- the government thinks big is bad that's what's going on. >> the food stores saying we need to compete with walmart so we need pricing power and we need to get together you also have the $35 billion deal between discovery and capital one. stuart: their screaming in my ear we had to get to the trivia question what is the average duration of the human i bli blinking. a quarter of a second third of a second or .45 seconds. stuart: i think i know. we'll be back. investment opportunities are everywhere you turn. do you charge forward? freeze in your tracks? or, let curiosity light the way. at t. rowe price, we ask smart questions about opportunities like advances in healthcare and how these innovations will create a healthier world tomorrow. better questions. better outcomes. (man) what if my type 2 diabetes takes over? what if all i do isn't enough? o

. >> lose an effort now underway to block the proposed merger of albertsons and kroger, america's two largest national supermarket chains, today, california attorney general rob bonta announced that california is among the states joining the federal trade commission lawsuit to stop this deal. the suit claims the merger violates federal law and presents a significant risk of reduced competition, which would lead to higher food prices. >> there's no other way to say it. it's bad for workers, it's bad for agricultural producers, it's bad for consumers in california and across the country. >> the lawsuit blocking this deal is also supported by labor unions representing grocery store workers. the merger, announced in 2022, would include dozens of chains, including safeway and vons. the companies claim the deal would actually reduce prices for shoppers because of their buying power. >> let's move now to news from the supreme court. and two cases that apply to most of us. the justices are hearing arguments in two cases about how the first amendment applies to social media companies. abc news

so we're gonna hold off right now for kroger. let's go to michael in new jersey. michael?g booyah to you. >> oh, i remember -- we came, in my kids were 14, about every one of the kids for 16. i challenge them. that was the end of my coaching career. what's up? >> greatest under the radar stocks. barely mentioned. 294 consecutive quarterly dividends, and 67 fiscal years of increased dividends, and that of course, is arthur hannah. >> what a company. what a company. unbelievable. they used to come on in the first couple years of the show, and it was just blow away. and then, they kind of went my way. i think ph is a remarkable company. let's go to david in california. david. >> yeah, i jumbo! are you doing? >> good, how are you? >> rising waters here in california. >> yeah, that's tough, i hope everyone got okay out there, while. how can i help? >> i'm looking at big sea -- pandemic time, it was really priced high, and now it has just been study a little below ten, right around nine. what are your thoughts? >> we've got amazon. -- where amazon people. where prime amazon peop

we have our kroger continue fell camero ready to hit the racetrack and strong thursday night in the dualnd waiting for the rain to get out of here. ashley: that brings me to my next question. that's sitting around in the delay, does that affect the race or affect you mentally? >> mentally it doesn't. we're always prepared for that. seems like if you're in a drought, bring nassau county darling stone to your city and we -- nascar to your city and we bring a lot of rain. we're ready to go. the guys are so good at building these race cars and feel confident in what we got in the racetrack, you know, it shouldn't change too much now that the rain has been here and the sun's back out. ashley: well, we wish you the very best. have a good safe ride. hopefully you defend that title today. we wish you the very best, ricky. thanks for stopping by. we appreciate it. >> yeah, thank you. hope everybody tunes in at 4:00 eastern. we'll put on a show. ashley: there you go. no doubt. ricky, thank you. all right, time now for the monday trivia question: which president was born in illinois? ronald reagan,

the federal trade commission today sued to block kroger's $24.6 billion deal to buy rival, albertson's filing the ftc said the merger would lead to higher prices for consumers and has antitrust concerns with states including colorado and washington already suing to block the merger. back to you. >> appreciate that. >>> coming up, berkshire shares, two committee members own that, which means we will trade it. we will do that, next. to create new legacies, to transform a company, industry, economy, generation. because grit and vision working in lockstep puts you on the path to your full potential. old school grit. new world ideas. morgan stanley. welcome to ameriprise. i'm sam morrison. my brother max recommended you. so, my best friend sophie says you've been a huge help. at ameriprise financial, more than 9 out of 10 of our clients are likely to recommend us. our neighbors, the garcía's, love working with you. because the advice we give is personalized, -hey, john reese, jr. -how's your father doing? to help reach your goals with confidence. my sister's told me so much about you. that'