Facing a wave of pressure from workers and increased scrutiny from lawmakers on Capitol Hill, gig economy companies from Uber to Doordash have been rolling out new policies as coronavirus continues to spread across the U.S. Uber and Lyft are planning to compensate drivers affected by the coronavirus for up to 14 days. Postmates and Instacart have unveiled "no-contact" food delivery. DoorDash, meanwhile, is letting customers leave in-app instructions if they prefer orders left at the door.
The video, posted by White House social media director Dan Scavino, was edited to show Biden endorsing Trump for reelection. Facebook has since labeled it as "partly false information."
Concerns over coronavirus have roiled markets and torched hundreds of billions in paper wealth from the world's billionaires over the past month. But last night's declines could be the largest overnight wealth loss in nearly a decade.
Bitcoin, the biggest cryptocurrency by value, fell 10% in 24 hours with other big digital coins ethereum, XRP and bitcoin cash, posting double-digit losses.
Wedbush Securities' analyst Dan Ives said in a note on Monday that investors should focus on "tech winners for the next 5-10 years" like Apple, which he expects will ship more than a record 231 million iPhones in FY21.
Amazon's "Just Walk Out" technology enables shoppers to "take what they want and leave" without needing to stand in a checkout line. It's used in Amazon Go stores but will be sold to other retailers
CBS and NBC have agreed to renew PGA Tour rights for nine more years, bolstering their live sports lineups until 2030. ESPN+ will also get access to a digital package of rights.
Companies such as Boeing, Airbus, Toyota and Uber are recognizing the need for more efficient travel, and injecting millions of dollars into developing VTOLs, or Vertical Takeoff and Landing Vehicles. Though these vehicles don't resemble the flying cars of "Back to the Future" or "Blade Runner," they have the potential to fundamentally change the way we commute in cities. Experts predict the market for urban air mobility to reach $1.5 trillion by 2040.
Amazon is shipping out food products that are expired, stale, or tampered with. Four months after CNBC first reported the problem, a new analysis found the sellers are still shipping expired food, even as regulation begins to catch up.
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