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Mid-day Update

06/16/2017: Amazon snags Whole Foods for almost $14 billion

David Brancaccio Jun 16, 2017
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Mid-day Update

06/16/2017: Amazon snags Whole Foods for almost $14 billion

David Brancaccio Jun 16, 2017
HTML EMBED:
COPY

The supermarket industry is about to undergo some big changes. Amazon has just announced it’s purchasing Whole Foods in a deal worth $13.7 billion. On today’s show, FTN Financial analyst Chris Low stopped by to discuss what a store from the two companies could look like and whether Amazon can improve Whole Foods’ declining sales. Afterwards, we’ll chat with the Financial Times’ Rochelle Toplensky about a possible $1 billion penalty for Google from the European Union over its search engine. And finally, we’ll look at the state of paternity leave in the U.S. 

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