Month: July 2022
Chipotle announces investments in startups focusing on kitchen automation, plant-based alternatives
Hypen automated kitchen solutions. Courtesy: Hyphen Chipotle said Thursday it’s investing in two companies that have the potential to accelerate its growth — one that automates kitchen operations and another that makes plant-based versions of chicken and steak with mushrooms. The Newport Beach, California-based company said Cultivate Next, its $50 million venture fund, will invest […]
Read More
Uber updates grocery delivery service with after-hours ordering and more
Uber Eats workers wait for orders in central Kiev, Ukraine July 31, 2019. Valentyn Ogirenko | Reuters Uber announced the most comprehensive update to its grocery delivery service on Thursday since its initial launch in 2020, introducing a series of new features that aim to make the experience more convenient for consumers and merchant partners. […]
Read More
Inside the PGA Tour’s Washington lobbying effort against the Saudi-funded LIV golf league
(L-R) Majed Al Sorour, CEO of Saudi Golf Federation, and Greg Norman, CEO and commissioner of LIV Golf, clap during the trophy ceremony during day three of the LIV Golf Invitational – Portland at Pumpkin Ridge Golf Club on July 2, 2022 in North Plains, Oregon. Jonathan Ferrey | LIV Golf | Getty Images Since […]
Read More
AT&T shares fall after company says overdue bills, higher spending are hurting cash flow
A man walks with an umbrella outside of AT&T corporate headquarters on March 13, 2020 in Dallas, Texas. Ronald Martinez | Getty Images AT&T shares fell Thursday after the company said its cash flow was hurt by customers’ late phone payments and unexpected expenses in establishing 5G infrastructure. The company said customers have been paying […]
Read More
Stocks making the biggest moves midday: Danaher, Tesla, AT&T and more
A woman walks by an AT&T store in Washington D.C. Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Danaher – Shares of the medical conglomerate jumped more htan 88% after the company reported better-than-expected earnings and revenue for its most recent quarter, citing higher sales […]
Read More
32% of travelers overspend to earn credit-card sign-on bonuses. Here’s how to avoid that ‘siren song,’ says industry analyst
Virojt Changyencham | Moment | Getty Images Nearly half of consumers holding a credit card with travel perks opened the card to chase the rewards — and a big share of them blew their budgets in the pursuit, according to a new survey. Specifically, 45% travel credit cardholders opened a card solely for its sign-up […]
Read More
House passes legislation to enshrine a right to contraception in federal law
Representative Kathy Manning, a Democrat from North Carolina, speaks during an event ahead of the passage of H.R. 8373, the Right to Contraception Act, at the US Capitol in Washington, D.C., on Wednesday, July 20, 2022. Al Drago | Bloomberg | Getty Images WASHINGTON — The House voted Thursday to pass legislation to codify the right […]
Read More
Chinese TikTok owner increased U.S. lobbying spending by 130% this quarter
Rafael Henrique | Sopa Images | Lightrocket | Getty Images TikTok’s Chinese parent ByteDance had its biggest lobbying quarter ever, spending more than $2.1 million in the second quarter to lobby the U.S. government, according to its disclosure filed Wednesday in a federal database. That represents a 130% increase from ByteDance’s spending the previous quarter […]
Read More
Facebook goes old school with a new feed that favors friends and family
Facebook is launching a new feature on Thursday that lets users see posts in reverse chronological order rather than content that’s been ranked by an algorithm. Called “Feeds,” the tool is a dedicated tab in the Facebook app that shows all the latest posts from users’ friends. The main news feed will now be known […]
Read More
President Biden tests positive for Covid-19, has mild symptoms
President Joe Biden has tested positive for Covid-19, the White House said Thursday. The 79-year-old president, who is fully vaccinated and has received two Covid booster shots, is experiencing “very mild symptoms,” press secretary Karine Jean-Pierre said in a statement. Biden previously tested negative on Tuesday. Biden has begun taking Paxlovid, an antiviral pill that […]
Read More