A Ministry of Commerce spokesperson did not mention any U.S. actions specifically, but it's been a tense couple of weeks for the trade negotiations.World Politicsread more
U.S. stock index futures were lower Thursday morning, as market participants continue to monitor an intensifying trade war between the world's two largest economies.US Marketsread more
British Prime Minister Theresa May could announce her resignation in the next few days, according to U.K. media reports, as she faces increasing pressure from members of her...Europe Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
Chinese government-aligned experts are stressing that the U.S. will need to negotiate a trade agreement with Asia's largest economy.China Economyread more
Escalating trade tensions have hit emerging markets hard this month. With the trade war still a looming fear for markets, Miller Tabak equity strategist Matt Maley is making a...Trading Nationread more
Under-the-radar hedge-fund managers beating the market are betting on big comeback stories General Electric and PG&E, as well as Biogen.Marketsread more
Richard Yu, CEO of Huawei's consumer business, said Huawei's own operating system for smartphones and laptops could be ready for use in China by fall this year.Technologyread more
Best Buy beat Wall Street estimates for quarterly same-store sales on Thursday, as the consumer electronics retailer sold more wearables and tablets and signed up more people...Retailread more
Shares of L Brands, the owner of Victoria's Secret and Bath & Body Works, rose nearly 11% in aftermarket trading Wednesday after the company reported it beat revenue and...Retailread more
The global economy would be hit hard if President Donald Trump decides to impose steep tariffs on imported cars, Citi's Willem Buiter told CNBC on Thursday, with Germany...Autosread more
Albertsons, the nation's second-largest grocer, announced a deal on Tuesday with Instacart, expanding the grocery delivery start-up's service to more than 1,800 U.S. stores by mid-2018.
As Amazon's surprising acquisition of Whole Foods threatens to disrupt an entire industry, American grocers are increasingly looking for ways to boost their e-commerce offerings — and are increasingly finding a partner in Instacart.
Just three months after the Amazon-Whole Foods deal, Instacart has now signed up the top five U.S. grocers: Kroger, Albertsons, Ahold, Publix, and H-E-B. Instacart also expanded its partnership with Costco, and earlier this month announced a deal with Canada's largest grocer, Loblaw, its first international foray.
"Ever since the Amazon-Whole Foods deal happened, things are very different," Instacart CEO Apoorva Mehta told CNBC's Deirdre Bosa. "After that deal happened, we were every major retailer's first call."
For traditional grocers, partnering with Instacart is a way to boost their e-commerce platforms and push deeper into the grocery delivery business as Amazon applies its technology and logistics network to Whole Foods.
With Instacart, Albertsons is doubling down on grocery delivery. Earlier this year, it began rolling out same-day delivery for its Safeway and Albertsons brands. In September, it acquired the meal-kit company Plated.
The growing number of partnerships Instacart signed in recent months is a way for the five-year-old start-up to look beyond 2021, when its exclusive deal with Whole Foods expires and, presumably, Amazon takes over.
Mehta said he didn't know whether Instacart would continue its partnership with Whole Foods after the contract's official end.
Also as part of that deal, Whole Foods invested an undisclosed amount in Instacart. It's a twist that becomes more complex as Instacart signs up more Whole Foods competitors.
In the new grocery landscape, a shakeup is brewing and Instacart is increasingly putting itself in the middle.
Instacart was last valued at $3.4 billion and is backed by some of the biggest names in venture capital, including Andreessen Horowitz, Sequoia and Kleiner Perkins.
--CNBC's Sara Salinas contributed to this report.