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California Grocery Stores Use Facial Recognition Technology To Combat Theft
California Grocery Stores Use Facial Recognition Technology To Combat Theft
Via American Greatness,
Faced with a shoplifting epidemic that has battered California retailers for years, Grocery Outlet is fighting back with technology.
Customers are not thrilled about it.
The Emeryville-based discount grocery chain has begun installing facial recognition software called SAFR at a handful of Bay Area stores, including its Pleasant Hill “Bargain Market” location, CBS News San Francisco reported.
Customers walking through the doors will find signs warning them the system is in use, a disclosure the company says is meant to keep...
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Apr 21, 2026 / Tyler Durden
Watch Live: Warsh Blasts Fed's 'Fatal Policy Error' On Inflation, Pledges Strict Independence As Tillis Confirms Hold On Fed Chair Nomination
Watch Live: Warsh Blasts Fed's 'Fatal Policy Error' On Inflation, Pledges Strict Independence As Tillis Confirms Hold On Fed Chair Nomination
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Warsh labeled the Fed’s 2021-2022 response a “fatal policy error” on inflation.
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Price stability exists when no one talks about inflation, Warsh testified.
Warsh disputes that tariffs caused the recent inflation overshoot.
Inflation data used by the Fed is “quite imperfect,” per Warsh.
He focuses most on the underlying inflation rate.
Trump never asked...
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May 18, 2026 / Tyler Durden
"Scale Matters": NextEra, Dominion To Merge In Utility Megadeal Aimed At Grid Expansion To Power AI Boom
"Scale Matters": NextEra, Dominion To Merge In Utility Megadeal Aimed At Grid Expansion To Power AI Boom
As power demand surges on the back of data-center buildouts, with hyperscalers expected to unleash about $700 billion in capex this year to expand AI infrastructure and maintain an edge over China in the AI compute race, NextEra Energy and Dominion Energy are moving to scale up. The utilities agreed to a $67 billion all-stock merger that would create the world's largest regulated electric utility network.
Dominion shareholders will receive .8138 NextEra shares for...
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Aug 21, 2026 / Tyler Durden
Intervening Oneself Out Of Quagmire?
Intervening Oneself Out Of Quagmire?
By Elwin de Groot, head of macro strategy at Rabobank
Intervening Oneself Out Of Quagmire?
Yesterday’s market moves again showed that jawboning and temporary interventions are rarely enough when the underlying problem is fundamental.
As a “thank you” for Trump’s last-minute intervention to reduce joint US-South Korean military drills – and his claim to have spoken with Kim Jong Un – Pyongyang launched around 10 ballistic missiles on Thursday, according to South Korean news agencies. The message was clear: action versus words. Developments in the Middle East, where...
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