Today Federal Reserve speakers: Fed governor Lisa Cook Economic data: the Energy Information Administration’s weekly petroleum status report, U.S. services PMI, global services PMI, ADP employment survey Earnings (a.
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DoorDash just secured federal clearance to fly its own delivery drones commercially, but a persistent trust gap with the American public may prove harder to clear than any regulatory hurdle.
DoorDash on Wednesday launched its in-house drone-delivery program, DoorDash Air, after securing a U.S. Federal Aviation Administration certification to operate commercial drone deliveries in the U.S. The move marks the food-delivery company's push into autonomous delivery as it looks to reduce reliance on human couriers and expand its logistics network. • The program was developed by DoorDash Labs, its robotics and autonomy unit, and will eventually be integrated into its delivery app, according to a TechCrunch report.
Investing.com -- DoorDash (NYSE: DASH) is taking to the skies. The logistics leader announced today that it has received Part 135 air carrier certification from the Federal Aviation Administration (FAA), clearance that authorizes the company to commercially operate its own autonomous drone fleet. The new service, dubbed DoorDash Air, was engineered entirely in-house by DoorDash Labs, the company’s internal robotics and autonomy division. To earn the elite designation—held by only seven other ope
DoorDash for years has rushed online orders from burritos to cold medicine to customers’ homes via bike couriers and drivers. Now the delivery provider is adding a new mode of transport: air. DoorDash on Wednesday said it has secured a key certification from the Federal Aviation Administration to make commercial deliveries using drones.
(Bloomberg) -- Ride-hailing giant Uber Technologies Inc. is in advanced talks to acquire German food-delivery company Delivery Hero SE, people familiar with the matter said.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatDisney Exiting Streaming Could Spur 40% Rally: Wells FargoU
Stock Market Today: The Dow Jones index dropped Wednesday after Trump declared the ceasefire is "over." Micron and Sandisk dived.
DoorDash, Inc. (NASDAQ:DASH) has declined more than 21% year-to-date, mainly due to investors worrying that the rising inflation and lower disposable income can impact consumer spending and increase delivery margins to impact DoorDash’s business. However, the Street remains positive on a recovery as the analysts’ 12-month average price target suggests more than 44% upside from […]
Pizza chains once owned a reliable American ritual: a sit-down dinner under a red-roofed Pizza Hut or a predictable Domino’s delivery on a lazy TV night. The growing American appetite for chain pizza made Domino’s Pizza one of the best restaurant stocks to own for decades.
Dollar General's (DG) core lower- and middle-income consumers are under pressure amid sticky inflati
Ordering through platforms like DoorDash or Uber Eats costs nearly 80% more on average than picking up, a LendingTree study found. Service fees, delivery charges, and inflated menu prices all add up on the final bill, often without a clear explanation of where each dollar goes. The Federal Trade ...
Wall Street stocks are expected to go into reverse on Thursday as optimism about the ceasefire in the Gulf and a potential US-Iran peace deal became increasingly strained. Futures for the tech-laded Nasdaq were tipped to lead the decline, down 0.5%, while S&P 500 and Dow Jones futures...
FEATURE Amazon com was disrupting things again on Tuesday. The online retail giant announced 30-minute rapid deliveries on “thousands of groceries and essentials.” The service is now in Atlanta, Dallas–Fort Worth, Philadelphia, and Seattle, “with rapid expansion underway in dozens more U.