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Uber buys Postmates for $2.65 billion as food delivery companies try to survive a crowded, intensely competitive field

Uber buys Postmates for $2.65 billion as food delivery companies try to survive a crowded, intensely competitive field

1 minute ago   |   Stl Today   |   8 articles

SAN FRANCISCO - Uber buys Postmates for $2.65 billion as food delivery companies try to survive a crowded, intensely competitive field.
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Uber buys Postmates in $2.65 billion all-stock deal

9 minutes ago   |   Chron   |   8 articles

SILVER SPRING, Md. - Uber finally got its food delivery company, acquiring Postmates in a $2.65 billion all-stock deal, the ride-hailing giant confirmed Monday. Uber and its...
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Britain may phase out Huawei tech from its 5G network amid US pressure

Britain may phase out Huawei tech from its 5G network amid US pressure

13 minutes ago   |   RT   |   2 articles

In a sharp U-turn, the UK government is reportedly planning to ban Huawei equipment from the nation's next-generation networks by the end of the year. In January, London...
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Tesla is transforming how cars are sold. But 27 insiders say the company's methods mean slashed pay and living under the constant threat of getting laid off

Tesla is transforming how cars are sold. But 27 insiders say the company's methods mean slashed pay and living under the constant threat of getting laid off

19 minutes ago   |   Business Insider

Business Insider spoke with 27 current and former Tesla sales employees about the changes the company has made to their jobs and the way it sells cars. Some said they were...
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Uber will buy food-delivery startup Postmates for $2.65 billion

19 minutes ago   |   Business Insider   |   8 articles

Uber is to buy food delivery firm Postmates for $2.65 billion in an all-stock deal, Uber confirmed on Monday. Postmates was founded by Bastian Lehmann, Sam Street, and Sean...
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How COVID-19 will permanently change hiring in Silicon Valley

25 minutes ago   |   Fast Company

A startup CEO explains five ways the pandemic will force a cataclysmic shift in tech hiring. The COVID-19 crisis has caused overnight shifts in how Silicon Valley companies...
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Alert: Uber buys Postmates for $2.65 billion as food delivery companies try to survive a crowded, intensely competitive field

29 minutes ago   |   Chron   |   8 articles

SAN FRANCISCO - Uber buys Postmates for $2.65 billion as food delivery companies try to survive a crowded, intensely competitive field.
Read more ...

How a clothing designer for competitive horseback riders expanded his business to make face masks for brands like Target, Starbucks, and USPS

How a clothing designer for competitive horseback riders expanded his business to make face masks for brands like Target, Starbucks, and USPS

37 minutes ago   |   Business Insider

Kevin Garcia, a high-end clothing designer for horse shows, began making masks to generate cash flow for his business early on during the coronavirus pandemic. While other...
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We asked 16 huge companies like Goldman Sachs and Amazon about their plans to test workers for the coronavirus. It revealed an unclear path for how to reopen the economy and stop the virus' spread

We asked 16 huge companies like Goldman Sachs and Amazon about their plans to test workers for the coronavirus. It revealed an unclear path for how to reopen the economy and stop the virus' spread

37 minutes ago   |   Business Insider   |   2 articles

While the US sets new records for single-day cases, many employers aren't sure if they'll test office workers for the novel coronavirus, or how. Amazon, Goldman Sachs, Target...
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A CEO who took the helm of a struggling company at the start of the coronavirus outbreak reveals the 3 hardest leadership lessons she learned about building trust and navigating a business through the crisis

A CEO who took the helm of a struggling company at the start of the coronavirus outbreak reveals the 3 hardest leadership lessons she learned about building trust and navigating a business through the crisis

37 minutes ago   |   Business Insider   |   2 articles

Megan Clarken is a first-time CEO at Criteo , a global online advertising company, who was appointed right before the start of the novel coronavirus pandemic. In an interview...
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10 Cash Flow Management Tips Every Startup Leader Needs to Drive Growth

10 Cash Flow Management Tips Every Startup Leader Needs to Drive Growth

Cash flow is something every startup and small business should prioritize. Business owners need to be proactive about their finances regardless of what the market is like... Read more ...

Global stocks rise as investors look ahead to week's data

Global stocks rise as investors look ahead to week's data

BEIJING - Global stock markets rose Monday as investors shrugged off worries about rising coronavirus infections in the United States, Australia and some other countries. Read more ...

An audit of Wirecard's key business in Europe and the US reportedly shows...

An audit of Wirecard's key business in Europe and the US reportedly shows its internal financial numbers are far worse than previously thought

Wirecard's primary business operations in Europe and the US have been unprofitable for years, according to a Financial Times investigation, bringing into question official... Read more ...

Ford isn't just bringing back the legendary Bronco - it's making it into a...

Ford isn't just bringing back the legendary Bronco - it's making it into a dedicated off-roading brand

Prior to next week's reveal of the all-new Ford Bronco, the carmaker announced the that the SUV would return as a brand, with a family of vehicles. The new Bronco will arrive... Read more ...

Uber Reportedly Agrees To Buy Postmates In $2.65 Billion All-Stock Deal

Uber Reportedly Agrees To Buy Postmates In $2.65 Billion All-Stock Deal

The deal has been approved by Uber's board, Bloomberg reported, and could be announced as soon as Monday. Read more ...

Macy's to cut thousands of positions in restructuring

Macy's to cut thousands of positions in restructuring

Department store giant Macy's is making big cuts to its staffing. Macy's reported $3.58 billion in losses after a difficult first quarter that saw the Cincinnati-based chain... Read more ...

Early Coronavirus Testing Restrictions Led To Some Big ER Bills

Early Coronavirus Testing Restrictions Led To Some Big ER Bills

People with COVID-19 symptoms in March and April were often billed for expensive scans and bloodwork because they didn't qualify back then for a confirmatory coronavirus test... Read more ...

China makes a bullish call on the markets, and global stocks take off

China makes a bullish call on the markets, and global stocks take off

This is the web version of the Bull Sheet, Fortune's no-BS daily newsletter on the markets. Sign up to receive it in your inbox here . Good morning, Bull Sheeters. It's a... Read more ...

The Latest: Britain's arts venues getting $2B in virus help

The Latest: Britain's arts venues getting $2B in virus help

LONDON - The British government has announced a big pot of money to help the country's renowned arts and cultural institutions recover from the coronavirus pandemic, after some... Read more ...

The Latest: Australia's most populous state to close border

The Latest: Australia's most populous state to close border

SYDNEY, Australia - The leader of Australia's most populous state says her government's decision to close its border with hard-hit Victoria state marks a new phase in the... Read more ...