In perspective: It’s difficult to put the sheer volume of flooding in Houston and southeast Texas into perspective, but that’s what The Washington Post has attempted to do. In a new analysis, the newspaper found that 9 trillion gallons of water has fallen across the greater Houston area and southeastern part of the state as of Sunday. Another 5 trillion to 10 trillion additional gallons could fall before the storm moves out of the area later this week. The 9 trillion gallons of water dispensed so far is enough to fill the entire Great Salt Lake in Salt Lake City—twice. It would take nine days straight for the Mississippi River to drain into Houston and equal the amount of water already there. Read the full story.
On the way down: Bananas, organic avocados and rotisserie chicken are just some of the items marked down at Whole Foods on the first day of Amazon’s takeover as owner of the brick-and-mortar chain. Bloomberg reports the prices of the items, and others found a Manhattan store, have been slashed by as much as 43%. Amazon acquired the upscale supermarket chain for $13.7 billion, sending competitors such as Kroger, Costco Wholesale and Wal-Mart reeling. Whole Foods earned a reputation for high prices, getting the nickname Whole Paycheck. Read more and see the full list of price cuts at Whole Foods.
Prepare to launch: Apple has scheduled a product announcement event on Sept. 12, people briefed on its plans tell The Wall Street Journal. The announcement reinforces expectations that the technology giant will release new iPhones and a smartwatch well ahead of the holiday shopping season. The company is expected to unveil three iPhones, according to other people familiar with its plans. Those include a showcase iPhone to mark the product’s 10th anniversary that is larger and pricier and features an edge-to-edge display and facial-recognition technology, as well as updates to the two iPhone 7 models that started selling last year. Read more (subscription may be required).
