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Transcripts For KQED Nightly Business Report 20170616

Announcer this is nightly businessss report with Tyler Mathisen and sue herera. Climbing the food chain. Amazon buys whole foods to become a major player in the grocery business and a competitive threat to the entire industry. Charting a new course. President trump has a different vision for u. S. Relations with cuba than his predecessor. And big business is taking notice. Market monitor. As more money flows into etfs, our guest tonight has some picks you might want to consider. Those stories and more tonight on nightly Business Report for friday, june 16th. Good evening, everybody, welcome. Im sue herera. Tyler mathisen is off tonight. Amazon is on a mission to conquer new territory. Today it agreed to buy grocery chain whole foods. The price tag, more than 13. 5 billion. The deal is amazons biggest yet, and is an ambitious plan to push into a business thats been hard for online retailers to crack. If successful, it could give amazon a slice of the 800 billion grocery business. The ec

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