DoorDash delivery person Source: DoorDash McDonald’s said Tuesday that it is adding DoorDash as a new delivery partner, bringing an end to its exclusive partnership with UberEats. DoorDash’s partnership with the fast food giant will launch in the Houston, Texas area across more than 200 restaurants on July 29. “Building on the success of McDelivery
The Domino’s Pizza company logo is displayed on the jacket of delivery driver in London, U.K., on February 27, 2017. Jason Alden | Bloomberg | Getty Images Domino’s stock fell Tuesday after the company reported weaker same-store sales growth as it expands its store base and grapples with the threat of third-party delivery. Shares of
Federal Reserve Chairman Jerome Powell repeated his pledge to “act as appropriate” to keep the economic expansion going as his fellow central bankers move toward an expected interest rate cut later this month. In speech delivered Tuesday in Paris, the central bank chief detailed misgivings among Fed officials over trade developments and global growth that
Amazon‘s annual Prime Day, actually 48 hours this year, certainly boosts memberships — and by extension the value of the company — but the e-commerce giant also needs to focus on serving brands, according to analysts. “If you look at the Prime membership, each year Amazon makes it more and more valuable … which is
Blueflames | Getty Images The average family doesn’t feel as good today as yesterday. Middle-class Americans are less optimistic about their economic prospects than they were just six months ago, according to a new report from CUNA Mutual Group. Although the majority of those polled said they feel relatively stable overall, they graded their chances
Share to facebook Share to twitter Share to linkedin Securities and Exchange Commission Chairman Jay Clayton said today it won’t be known for five or 10 years whether his effort to allow more retail investors to put their money into early stage, high growth companies is working. “Hopefully we’re on the right path. I’m very
Capitol Building with dramatic sunrise sky, Washington DC Getty The SECURE Act (Setting Every Community Up For Retirement Enhancement, H.R. 1994) is still working through the Senate after passing the House in May. It proposes a number of changes to retirement savings including changes to various nuts and bolts of IRAs and 401(k)s. It is not yet law. Nonetheless, it seems pretty likely
After achieving the longest economic expansion in the U.S. history and growing a solid 3.2% annualized rate in the first quarter of 2019, which way is the $19 trillion income-generating economy headed? Not as strong. The constant trade war rhetoric has disrupted business freedom and is showing up in the hesitancy of whether to invest
A interview with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview, Howard discusses how he invests in market cycles and the mentality of a successful investor. Howard also talks about starting a Hedge Fund/Asset Management firm and the trade war. ???? Books by Howard Marks and his favourite books
Stewart Butterfield, CEO and co-founder of Slack, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, July 10, 2019. Gerry Miller | CNBC Microsoft might be the primary competitor for Slack, but the widespread adoption of Microsoft’s software is not a major problem for Stewart Butterfield, co-founder and CEO of