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A man puts a shopping bag into a car outside a Sainsbury’s store in London
U.K. food retail is set for a massive shake up as J Sainsbury and Asda plan to merge, creating a new giant for the supermarket sector.
J Sainsbury and Walmart’s Asda are joining forces in a deal worth £15 billion ($20.67 billion), they confirmed on Monday morning.
If approved by regulators, it will surpass Tesco which is the largest retailer in the U.K. with 25 percent of market share. The two companies merging are the second and the third largest retailers, currently.
Given the size of the two companies, regulators will have to assess whether their merger would not create market disruptions.
According to Bruno Monteyne, European food retail analyst at Bernstein, "scale remains the most important factor in food retail profitability."
There have been several recent mergers in the food industry across Europe, in an attempt to fight increased competition from e-commerce firms, including Amazon. "The power of purchasing has been a driver behind several recent deals within the industry," Monteyne also said in a note Monday.
The two grocers have struggled with their sales growth, which has weighed on their ability to get cheaper deals with suppliers.
"We expect the process for the CMA (Competition Markets Authority) to take one year and to be swiftly approved, if the CMA gives clearance with limited disposals. We think the risk of higher disposals is high and a non-negligible risk of outright rejection of the deal," Monteyne also said in the note.
The snow will continue to melt with the warmer weather hanging around through Monday, with highs reaching 66 then.
Dahl added the tree pollen season is a couple weeks behind, but Saturday will see a spike up to the medium-high range for those with allergies. Sunday is expected to reach the high range. The three trees that contribute high pollen levels are Juniper, Elm and Poplar.
The sunnier, warmer weather will take a turn on Tuesday, as Dahl says some possible rain-showers are expected with temperatures in the mid-50s to low-60s.
Part 1 of the TED Radio Hour episode Turning Kids Into Grown-Ups.
About Julie Lythcott-Haims’s TED Talk
Former Stanford dean Julie Lythcott-Haims says overinvolved parents prevent kids from developing agency. She urges parents to focus on what’s more important: unconditional love … and chores.
About Julie Lythcott-Haims
Julie Lythcott-Haims formerly served as dean of freshmen and undergraduate advising for more than a decade at Stanford University.
She is the author of How to Raise an Adult: Break Free of the Overparenting Trap and Prepare Your Kid for Success (2015) and Real American: A Memoir (2017).
Julie is a graduate of Stanford University, Harvard Law School, and California College of the Arts.
SAN ANTONIO – A flash flood watch is currently in effect for Bexar County and areas to its north and west.
Wednesday weather impacts
Showers and storms have been developing across the area overnight and early Wednesday morning. They will continue moving eastward through the region.
The flash flood watch is in effect through Wednesday evening for the potential of multiple storms passing over the same areas, leading to high rainfall totals.
There are still likely to be a number of locations that receive very little rainfall, but a few localities can expect to see rainfall totals of 1 to 3 inches. A couple of locations may see more than that if heavy rain affects an area multiple times. As always, if water covers the road, turn around, don’t drown.
There is still the chance for some quarter- to golf-ball size hail within some of these storms, in addition to strong wind gusts.
Wednesday weather timing
A round of storms will affect the area in the morning, with lingering scattered showers and storms into the mid- to late-morning hours.
There will be a lull in the activity around midday, before another chance for rain arises during the afternoon. High uncertainty still surrounds this afternoon round of rain, as its development will be highly dependent upon how vigorous the rain is during the morning.
There is a possibility that the atmosphere will be too “worked over” after the morning’s rain, preventing any rain from developing in the afternoon.
If these afternoon storms develop, they will once again pose the threat for hail and strong wind gusts.
KSAT will have the latest on the forecast as the situation progresses.
Check out the latest satellite imaging tracking storms in the San Antonio area here:
Continued Weather Coverage
Keep up with the latest alerts from the KSAT Meteorologists with their Twitter stream below:
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Interim Austin police chief Brian Manley, left, talks with FBI Special Agent in Charge Christopher Combs, right, near the site of Sunday’s explosion, Monday, March 19, 2018, in Austin, Texas.
By PAUL J. WEBER and WILL WEISSERT
AUSTIN, Texas (AP) – Investigators pursuing a suspected serial bomber in the Texas capital shifted their attention Tuesday to a FedEx shipping center near San Antonio where a package exploded on a conveyor belt in the middle of the night and caused minor injuries to a worker.
Although the latest blast did not inflict serious harm, it added to the widening fear of more strikes like those that have already killed two people and badly wounded four others.
Hours after the explosion, police sent a bomb squad to a FedEx facility outside Austin’s main airport to check on a suspicious package that was reported shortly before sunrise.
Investigators also closed off an Austin-area FedEx store where they believe the bomb that exploded was shipped to the distribution center. Authorities roped off a large area around the shopping center in the enclave of Sunset Valley.
The explosion happened around 1 a.m. at a FedEx facility in Schertz, which is just northeast of San Antonio and about 60 miles (95 kilometers) southwest of Austin.
"It would be silly for us not to admit that we suspect it’s related" to the other four Austin bombings since March 2, FBI agent Michelle Lee said. She did not have details about the size, weight or description of the package.
One worker reported ringing in her ears. She was treated at the scene.
Before it exploded, the package had been sent from Austin and was addressed to a home in Austin, Texas Attorney General Ken Paxton said.
In a statement, FedEx officials said the same person responsible for sending the package also shipped a second parcel that has been secured and turned over to law enforcement.
A company spokeswoman refused to say if that second package might have been linked to the one reported near the airport. There was no immediate word about whether that package contained explosives.
The blast came less than two days after another bombing wounded two men Sunday night in a quiet Austin neighborhood. It was triggered by a nearly invisible tripwire, suggesting a "higher level of sophistication" than agents saw in three package bombs left on doorsteps, according to Fred Milanowski, the agent in charge of the Houston division of the Bureau of Alcohol, Tobacco, Firearms and Explosives.
A criminologist at the University of Alabama said if a single perpetrator is behind the blasts, changing the means of delivery increases the bomber’s chance of getting caught.
"I think it would suggest that the bomber is trying to stay unpredictable," Adam Lankford said. "But it also increases the likelihood that he would make a mistake."
Authorities have not identified the two men who were hurt Sunday, saying only that they are in their 20s and white. But William Grote told The Associated Press on Monday that his grandson was one of them and that he had what appeared to be nails embedded in his knees.
On the night of the bombing, one of the victims was riding a bike in the street and the other was on a sidewalk when they hit a tripwire that he said knocked "them both off their feet."
"It was so dark they couldn’t tell, and they tripped," he said. "They didn’t see it. It was a wire. And it blew up."
Grote said his son, who lives about 100 yards (90 meters) from the blast, heard the explosion and raced outside to find both of the young men bleeding profusely.
The presence of a tripwire was a departure from the first three bombings, which involved parcels left on doorsteps that detonated when moved or opened.
In Washington, President Donald Trump said the assailant behind the bombing is "very sick."
During an Oval Office meeting Tuesday with Saudi Arabia’s Crown Prince Mohammed bin Salman, Trump described the situation as "terrible."
"This is obviously a very sick individual or individuals," and authorities are "working to get to the bottom of it."
Police repeated prior warnings about not touching unexpected packages and urged people to be wary of any stray object left in public, especially ones with protruding wires.
Officers originally pointed to possible hate crimes, but the victims have now been black, Hispanic and white and from different parts of the city.
"We are clearly dealing with what we believe to be a serial bomber," Austin Police Chief Brian Manley said, citing similarities among the bombs. He would not elaborate.
While the first three bombings all occurred east of Interstate 35, a section of town that tends to be more heavily minority and less affluent, Sunday’s attack was west of the highway. The differences in location, the lack of a motive and other unknowns make it harder to draw conclusions about any possible pattern.
Police asked anyone with surveillance cameras at home to come forward with the footage on the chance it captured suspicious vehicles or people.
Associated Press writers Jim Vertuno in Austin and Matt Sedensky in New York contributed to this report.
Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
The House Intelligence Committee ended its investigation into allegations of Trump/Russia collusion in the 2016 election. The House’s chief Russia collusion alarmist, Rep. Adam Schiff, who’s been lacking only evidence to support his allegations, was of course unhappy with the committee’s decision to stop chasing his dream:
Schiff on Intel Cmte rpt: By ending its oversight role in the only authorized investigation in the House, the Majority has placed the interests of protecting the President over protecting the country, and history will judge its actions harshly.
— Chad Pergram (@ChadPergram) March 12, 2018
Brit Hume BS detector melted and he called Schiff out for saying a lot while saying nothing:
You will note that Schiff isn’t saying there is evidence disproving the majority’s conclusions. That’s because he can’t. It’s why he wants the investigation to continue until some bright day the unicorn will finally arrive. https://t.co/mdBaG618sV
— Brit Hume (@brithume) March 13, 2018
Schiff has been moving the goal posts on his “collusion” allegations for quite some time, and he’d like the opportunity to still do that while keeping the Dem election narrative on life support as long as possible. His time’s running out though.
WHOA: Brit Hume takes NO PRISONERS with WaPo journo pushing abortion for Down syndrome
BACKFIRE! Brit Hume predicts Delta might REALLY ‘come to regret’ this (and here’s why)
TOKYO (Reuters) – The Bank of Japan faces various challenges ahead, such as examining the cost and benefits of its stimulus program and possibly considering a future exit from its ultra-easy policy, Masayoshi Amamiya, a nominee for BOJ deputy governor, said on Monday.
A man walks past the Bank of Japan building in Tokyo, Japan January 15, 2018. REUTERS/Kim Kyung-Hoon
“Japan’s banking system remains stable now. But the environment surrounding financial institutions is becoming more severe,” Amamiya, currently the BOJ’s executive director, told a confirmation hearing in the lower house of parliament.
SOURCE: Courtesy of Jessica Smith
SACRAMENTO, Calif. (KCRA) —
A valet backed a car through the second floor of a Sacramento parking garage Saturday evening, police said.
The car landed on a bus stop in the 800 block of L Street at about 7:40 p.m., police said.
A hole can be seen through the wall of a parking garage where the car came falling down.
The valet was sent to the hospital with minor injuries.
No other details were released.
Stay with KCRA 3 for the latest.