Julie Jacobson / AP

Albertsons, the Idaho-based supermarket chain owned by Cerberus Capital Management, reportedly is exploring a takeover offer for Whole Foods Market. Well, at least that sounds more plausible than earlier reports of Amazon wanting to buy Whole Foods, which is under pressure from activist Jana Partners.

Whole Foods is currently valued at around $11.6 billion, which means a premium bid would dwarf even the $9 billion that Albertsons paid for Safeway in early 2015. Or, put another way, Albertsons would probably need help from other investors.

The big question: Can Cerberus can convince potential partners that this deal creates the viable exit path that Albertsons has otherwise been unable to take ― including a failed 2015 IPO attempt?

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Louisiana braces for 3rd hurricane in 2 months as Zeta closes in

The probable path of Zeta, per the National Hurricane Center. Photo: NHC/NOAA

Zeta strengthened into a hurricane again early Wednesday and was on track to make landfall in southeastern Louisiana by the afternoon, per the National Hurricane Center.

The state of play: Louisiana Gov. John Bel Edwards (D) requested a pre-landfall Federal Declaration of Emergency in a letter to President Trump on Tuesday.

Updated 2 hours ago - Politics & Policy

Unrest in Philadelphia after fatal police shooting of Black man

Demonstrators rally on Tuesday near the location where Walter Wallace was killed by two police officers in Philadelphia, Pennsylvania. Photo: Mark Makela/Getty Images

The Pennsylvania National Guard was mobilized Tuesday during a tense second night of protests in Philadelphia over the fatal police shooting of Walter Wallace, a 27-year-old Black man.

Driving the news: Philadelphia Mayor Jim Kenney (D) and Police Commissioner Danielle Outlaw said in a joint statement a "full investigation" would be launched to answer questions that arose from video that captured part of Monday's incident.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

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  5. World: Putin mandates face masks.