Markets face crucial summer week, with Fed, earnings and economic data

A trader works on the floor of the New York Stock Exchange (NYSE), June 27, 2022. Brendan McDermid | Reuters There’s a head-spinning amount of news for markets to navigate in the week ahead, the biggest of which will be the Federal Reserve’s midweek meeting. The two largest US companies — Microsoft and Apple — … Read more

Weee! taps Crazy Rich Asians director Jon M. Chu in push for grocery growth

Online grocery delivery start-up Weee! encourages customers to share videos of recipes and favorite items on its app. It specializes in hard-to-find Asian foods, along with fruits, vegetables and other staples. Weee! Online grocery start-up Weee! specializes in hard-to-find foods from Asian and Hispanic cuisines. It nabbed another kind of rarity earlier this year: A … Read more

Albertsons deploys smart grocery carts from Veeve, ex-Amazon engineers

Albertsons is deploying self-checkout grocery carts in some of its locations to try to make in-person shopping easier as consumers head back to brick-and-mortar stores. The carts are made by Veeve, a Seattle-based start-up founded by two former senior Amazon managers in 2018. Veeve is one of several companies developing smart grocery carts, which often … Read more

Beyond Meat expands meatless chicken distribution to 8,000 new outlets

Beyond Meat’s meatless chicken tenders Source: Beyond Meat Beyond Meat is expanding distribution of its meatless chicken tenders to 8,000 new grocery, pharmacy and big-box retail locations. Customers will now be able to buy Beyond Chicken Tenders at select Albertsons, Sprouts, Whole Foods Market and CVS locations nationwide. All Kroger locations will also carry the … Read more

Chipotle, PG&E, Marathon Oil and CarMax

A person wearing a protective mask enters a Chipotle restaurant in San Francisco, California, US, on Monday, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. CarMax – CarMax shares dipped more than 8% after reporting a beat on revenue but a miss on … Read more

PG&E, Hewlett Packard Enterprise, CarMax and more

Take a look at some of the biggest movers in the premarket: PG&E (PCG) – The California utility’s shares jumped 2.3% in the premarket after it reached legal settlements over two fires in Northern California. PG&E will pay $ 55 million and will not face any criminal prosecution over those fires. Hewlett Packard Enterprise (HPE) … Read more

Big banks’ earnings and a hot inflation report could sway markets in short holiday week

A trader on the NYSE, March 11, 2022. Source: NYSE Markets face what could be a hot inflation report in the week ahead and a batch of big bank earnings to start the earnings season. JPMorgan Chase and BlackRock kick off the financial industry’s first-quarter earnings releases Wednesday, with Citigroup, Wells Fargo, Morgan Stanley and … Read more

Bowery’s vertical farming strawberries go on sale in New York

Bowery Farming’s Chief Commercial Officer Katie Seawell holds up two different varieties of strawberries grown by the vertical farming company in its Kearny, NJ farm. The company is debuting berries as part of a limited release, as it pushes beyond leafy greens. Melissa Repko | CNBC KEARNY, New Jersey – Inside a warehouse in this … Read more

Amazon turns grocery shopping gig workers into Whole Foods employees

An independent contractor wearing a protective mask and gloves loads Amazon Prime grocery bags into a car outside a Whole Foods Market in Berkeley, California, Oct. 7, 2020. David Paul Morris | Bloomberg | Getty Images While Amazon has struggled to find a consistent grocery strategy in the 15 years since it started dabbling in … Read more

Here are Thursday's biggest analyst calls of the day: Netflix, Chevron, Citi, Lucid, Biogen & more

Here are the biggest calls on Wall Street on