4 • 4K Ratings
🗓️ 26 February 2024
⏱️ 15 minutes
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0:29.7 | Federal regulators suit a block a tie up between Kroger and Albert since leaving the fate of one of the largest supermarket deals ever in question. |
0:34.0 | And, Envidia is on top of the AI economy. |
0:37.1 | Could anything topple its dominance? |
0:39.3 | Envidia is sort of the big gorilla in the room. |
0:42.3 | Once you're that big, everybody sees you as a target. |
0:45.0 | Everybody's kind of scrambling to try to in some way |
0:48.1 | get a piece of what it has. |
0:49.8 | Plus, in a surprise move, Iran has reduced its stockpile of near weapons-grade nuclear material. |
0:55.2 | It's Monday, February 26th. I'm Anne Marie Fertoli for the Wall Street Journal. |
0:59.4 | This is the PM edition of What's News, the top headlines and business stories that moved the world today. |
1:07.0 | One of the largest supermarket mergers ever has hit a big hurdle. The Federal Trade Commission is |
1:14.3 | suing to block Kroger's 25 billion dollar bid for rival Albert since. They're the |
1:19.2 | nation's largest and second largest supermarket chains by sales and operate in many of the same areas. |
1:24.8 | Here now with more is our agriculture business reporter Patrick Thomas. |
1:28.8 | So Patrick this tie-up was opposed nearly from the outset by lawmakers, unions, farm groups, and others. |
1:34.6 | What is the FTC's rationale for filing this lawsuit? |
1:37.9 | The FTC is basically saying that the deal would lead to higher food prices, it would harm union workers, bargaining power. |
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