Saturday, July 11, 2020
Walmart is making its latest move into the health care space with its own insurance business, the company said on its website. The world’s largest retailer has created an insurance agency under the name “Walmart Insurance Services LLC” and is...
Less than a month after Uber tried and failed to buy Grubhub, the ride-hailing company has won a different deal to bolster its food delivery business. Uber (UBER) said Monday it has agreed to buy Postmates for $2.65 billion in...
Uber is a mainstay in numerous giant cities, but it hasn’t had a foothold in Tokyo — a combination of strict limits on ridesharing and public wariness has kept it out of Japan’s best-known metropolis. Now, however, it’s part...
In an expansion of its ConnectedDrive Store, BMW wants to give owners of its cars the option to access specific hardware and software features through a subscription (via Autoblog). BMW hasn't detailed exactly how the service will work, but...
The coronavirus crisis has sparked a nationwide coin shortage that reportedly has retailers pleading with customers for exact change. The Federal Reserve revealed last month that the pandemic had “significantly disrupted” the supply chain and circulation patterns for America’s metal...
Amazon said it’s shelling out $500 million in one-time worker bonuses this month as pressure continues to mount on the online shopping giant to do more to protect and pay workers during the coronavirus pandemic. The bonuses will pay between...
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. Central banks have unleashed trillions of dollars in stimulus, using their full recession toolkits to fight what...
Electric vehicle maker Tesla wants to start building a large vehicle assembly plant in the southwestern US as early as the third quarter of this year, the company told Texas officials in documents made public this week. But the company...
The other day, a local small-business owner gave me about a dozen reasons why he wasn’t reopening his restaurant. Not one of the reasons had to do with health. He complained about costs, worried about being sued, was frustrated...
US lawmakers and policymakers should be wary of China’s moves to target vulnerable US assets and expand its market share in the wake of the global economic crisis triggered by the novel coronavirus, according to a study prepared for...

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