Fruit Stalled @ Ports? | DOJ Hits Visa | Helene Hits Thur/Fri

 

DOJ poised to sue Visa for antitrust violations at Politico. “The DOJ plans to accuse Visa of using its dominant position in the debit card business to muscle out rivals with merchants and consumers, according to two of the people, who were granted anonymity to discuss a confidential matter.” Read more

 

US Labor department reaches out to employer group amid possible port strike at Reuters. “The Department of Labor’s involvement suggests that President Joe Biden’s administration is willing to help hammer out a deal before the existing contract covering 45,000 workers at three dozen ports expires at midnight on Sept. 30.” Read more

 

…Is bananageddon ahead? US ports threatened with strikes could stall fruit & more at Orange County Register. “Port Wilmington in Delaware is the nation’s No. 1 gateway for bananas and an entryway for a range of other fruit…“Any fruit that arrives after Oct. 1 will be condemned to the trash can” if dockworkers walk out, said produce importer Peter Kopke, Sr. “And all of the people who have invested in that business will lose a fortune.” Read more

 

Helene forecast: Florida is not getting out of this one. at Tallahassee Democrat. “…the Panhandle, Big Bend, and west-central Florida coasts are at serious risk of surge, wind, and rain impacts from a potential major hurricane landfall Thursday or Friday.” Read more

 

Firms including Amazon and Walmart to buy $180 million in carbon credits from namesake rainforest at CNBC

 

Whole Foods CEO Jason Buechel @ CNBC 4:54 video

 

Kmart’s blue light fades to black with the shuttering of its last full-scale US store at AP

 

Boar’s Head Shutdown Deals a Hard Blow to a Battered Corner of Virginia at WSJ. “The sudden loss of the county’s biggest employer has shocked the community and put 500 people, mostly Black workers, out of jobs. Many are scrambling to figure out how to pay their bills and whether they can even stay in a region battered by waves of layoffs and closed businesses.” WSJ subs.

 

Target might reject your return if it suspects something fishy at Quartz

 

RH CEO explains why his company doesn’t have a social media presence at CNBC. “The great brands that stand the test of time, they earn it, right,” Friedman said. “They tell the truth. And, you know, having fake fans and people you pay talk about you on Instagram or TikTok or whatnot, it’s not the truth.” Read more

 

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Walmart and Sam’s Club supply chain divisions to merge at Talk Business

 

Amazon’s global real estate leader is retiring at GeekWire. “John Schoettler led the expansion of Amazon’s office space from about 1 million square feet when joined in January 2001 to more than 65 million square feet in more than 60 countries today…will be succeeded by Shannon Loew.” Read more

 

FTC head Lina Khan @ 60 Minutes 13:14 Video/Read more

 

BJ’s Wholesale Club eyes expansion far beyond New England at Boston Globe. “BJ’s opened its 245th store in Palm Coast, Fla., on Friday, to be followed by 10 more openings through the end of its fiscal year in January. Another 10 to 12 are expected next fiscal year…“We thought about, how do we get from where we are to the Mississippi River?” BJ’s chief executive Bob Eddy said on a recent stroll through the company’s store in Northborough. “And now we’re thinking about how we get beyond that.” Tiered subs.

 

Jeff Bezos is starry eyed on Amazon with glowing review of fiancée’s children’s book about space at GeekWire

 

Walmart-backed mentorship program for Arkansas minority students hit with discrimination complaint at Washington Times

 

California bans all plastic shopping bags at store checkouts at USA Today. “The previous bill “allowed stores to sell customers thicker plastic carryout bags that were considered reusable and met certain recyclability standards,” according to a statement published on Sen. Catherine Blakespear’s website…” However, the truth is almost none of those bags are reused or recycled…” Read more

 

Amazon demands a lot from its drivers. Now they’re pushing back at LA Times

 

Olympian’s life has been ‘a living nightmare’ over since-dismissed theft, drug charges from Walmart self-checkout debacle at NY Post