Grubhub CEO Contends Richer Offer Won Out
Grubhub CEO Contends Richer Offer Won Out
June 11, 2020  |  Partnerships / Acquisitions

Grubhub CEO and Founder Matt Maloney said on Thursday (June 11) that it was a richer offer that drove the restaurant ordering and delivery service...

READ MORE >
Latest Economic Stimulus Package On Hold
Latest Economic Stimulus Package On Hold
June 11, 2020  |  Economy

The latest coronavirus stimulus package will have to wait until late next month, when Congress returns from recess, sources told CNBC. Get the Full Story...

READ MORE >
PayPal Commits $530M To Minority-Owned Businesses
PayPal Commits $530M To Minority-Owned Businesses
June 11, 2020  |  Investments

San Jose-based PayPal Holdings said it is making a $530 million commitment to support black- and minority-owned businesses and communities. The move comes in the...

READ MORE >
California Tells Uber And Lyft Their Drivers Are Employees
California Tells Uber And Lyft Their Drivers Are Employees
June 11, 2020  |  Ridesharing

The California agency that regulates ride-hailing companies Uber and Lyft said their drivers are considered employees under the state’s new gig work law, the latest...

READ MORE >
Apple Shares Tank Despite Analyst Optimism
Apple Shares Tank Despite Analyst Optimism
June 11, 2020  |  Apple

Shares of Apple tanked Thursday (June 11) after a week of gains, which were fueled in part by rising analyst optimism over the tech giant’s...

READ MORE >
Buffeted By Massive Losses, Airlines Look To Tourism For Lift
Buffeted By Massive Losses, Airlines Look To Tourism For Lift
June 11, 2020  |  Economy

Could early signs of a revival in tourism rescue the battered airline industry? Get the Full Story Complete the form to unlock this article and...

READ MORE >
Mnuchin: Federal Help Could Be Coming For Looted Stores
Mnuchin: Federal Help Could Be Coming For Looted Stores
June 11, 2020  |  Economy

U.S. Treasury Secretary Steven Mnuchin said the administration is considering reimbursing businesses whose storefronts were damaged in the recent rioting over the death of George...

READ MORE >
Just Eat Takeaway/Grubhub Deal Shows Appetite For Food Delivery Consolidation
Just Eat Takeaway/Grubhub Deal Shows Appetite For Food Delivery Consolidation
June 11, 2020  |  Partnerships / Acquisitions

The COVID-19 pandemic isn’t enough to stop cross-border dealmaking – specifically in the food delivery services space, where critical mass is of critical importance. Consider the...

READ MORE >
Yandex May Buy Out Joint Venture With Uber
Yandex May Buy Out Joint Venture With Uber
June 11, 2020  |  Ridesharing

Russian-based Yandex may drop plans for having an initial public offering (IPO) of stock for its ride-hailing business, which it owns with Uber Technologies, Inc.....

READ MORE >