Amazon bought grocery chain Whole Foods, and now it wants to work with more restaurants as it moves further into the food industry. The internet giant has partnered with Olo, a New York-based food delivery service, to list Olo’s clients on the Amazon Restaurants food delivery section of Amazon.com. GrubHub, a rival Chicago-based restaurant takeout […]
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In major new speech, UK leader Theresa May says UK hoping for a 'creative and practical' Brexit
U.K. Prime Minister Theresa May has asked for a “creative and practical” solution for the country’s exit from the European Union at a speech on Friday. Speaking to an audience in Florence, Italy, May said that the U.K.’s future partnership with the EU cannot be like the European Economic Area – where goods, services and […]
Read moreFinish Line shares are tumbling again after the retailer reported second-quarter financials on Friday morning that underwhelmed the Street. The retailer’s stock was down nearly 5 percent in early trading Friday after falling more than 11 percent at one point. “Our second quarter results were shaped by a very promotional marketplace for athletic footwear,” said […]
Read moreLoup Ventures’ Gene Munster told CNBC on Friday that Apple investors should brace themselves for a “rocky day” as the tech giant’s iPhone 8 and iPhone 8 Plus hit store shelves. Shares of Apple are more than 4 percent lower this week after some speculated that demand for the new iPhone 8 was weak. Apple […]
Read moreUber was banned from operating in London Friday, and a rival ride-sharing company celebrated with discounts. German company, mytaxi, tweeted Friday morning that customers would see an immediate drop in prices through the end of September, when Uber’s license officially expires. tweet The city’s ban on Uber has left some Londoners searching for alternatives. With […]
Read moreThe “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Anaradarko. Brian Kelly was a seller of Tesla. Dan Nathan was a buyer of Advanced Micro Devices. Guy Adami was a buyer of Raytheon. Trader disclosure: On , the following stocks and commodities mentioned or intended to […]
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Amazon and Alibaba are racing toward the $500 billion valuation mark, as the battle between two of the world’s largest retailers escalates in markets from India to the U.S. While Amazon is focusing on expanding its e-commerce business in new markets, Alibaba is investing in companies around the world – ranging beyond e-commerce to also […]
Read moreWalmart said on Friday it was testing a service in the Silicon Valley to deliver groceries straight to customers’ refrigerators as it looks to gain an edge over Amazon. The retailer said it is partnering with August Home, a provider of smart locks and smart home accessories, to test the service. The delivery person would […]
Read moreFor millennials, if you can’t share an experience on social media, it didn’t happen. So millennials are flocking to a new concept called pop-up museums, which are temporary staged exhibits specifically designed for taking weird and interesting selfies. Examples include Refinery 29’s 29Rooms, the Color Factory and the Museum of Ice Cream. Source: Tech CNBC […]
Read moreLyft and the University of Southern California are getting $1 million from insurance giant UnitedHealth and retired persons’ lobby AARP to help seniors more easily access the transportation they need. As part of the grant, USC’s researchers will study whether taking rides can reduce feelings of loneliness and isolation in seniors and improve their health […]
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