Following Instacart acquisition plans and an Amazon deal with rival Uber Eats, DoorDash stock is on sale.
DoorDash Shareholders Aren’t Convinced the Company Can Take On Amazon
US Business
Who’s Coming to Huawei’s Support? Its Biggest European Competitor.
Ericsson CEO Börje Ekholm felt moved to lobby for Chinese rival Huawei to protect his global business against a backlash from Beijing. His biggest shareholder, Sweden’s Wallenberg family, also felt the heat.
US Business
Gun Sellers Use New Tactic to Deal on Facebook Marketplace
Ads for stickers of gun-brand logos that are actually for gun sales are being used on a Facebook site, a year after Democratic lawmakers called for better policing of the site’s ban on firearm sales.
US Business
Inside the Mad Dash to Save Saks, America’s Last Luxury Retailer
Putting Saks and Neiman Marcus together was supposed to create a luxury powerhouse. Just over a year later, unpaid debts triggered its bankruptcy.