After inking a deal to work together almost three years ago, U.S. supermarket chain Kroger and U.K. online grocer Ocado today took the wraps off the first major product of that deal. Kroger has launched a new Ocado-powered customer fulfillment center in Monroe, Ohio, outside of Cincinnati, a gigantic warehouse covering 375,000 square feet and thousands of products for packing and delivering Kroger orders from online shoppers. Built with a giant grid along the floor, "the shed", as Ocado calls its warehouses, will feature some 1,000 robots alongside 400 human employees to pick, sort and move around items.
Stocks traded mixed Wednesday afternoon, with traders digesting a slew of earnings results from big banks that largely topped expectations. The Dow set a fresh record high as shares of Goldman Sachs advanced after the company reported better-than-expected quarterly results.
Canada is offering permanent residency to around 90,000 foreign students and workers in jobs as diverse as plumbing and cleaning, as it steps up efforts to meet an annual immigration target that has helped drive economic growth in recent years. Canada has welcomed 70,000 new permanent residents so far this year, according to official numbers provided to Reuters, proportionally well short of the government's 2021 goal of 401,000. With Canada's borders closed and COVID-19 rampant, the target is tough to meet.