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The Latest Breaking News from DoorDash

Uber to pay millions to Chicago restaurants in settlement agreement with city

Uber must pay millions in cash and provide free services to Chicago restaurants as part of a $10 million settlement with the city resolving claims the ride-share company listed restaurants on its UberEats and Postmates platforms without their consent and charged excess commission fees.

Chicago Tribune

How one Hollywood company is placing its bets on internet stars

LOS ANGELES — More than 1,000 people came to see Brian Awadis.

Los Angeles Times

DoorDash cuts 1,250 jobs after pandemic hiring surge

The decision by the online food delivery platform to eliminate about 6% of its workforce is the latest of several companies to recently announce job cuts recently, including Twitter and Amazon.

WEKU

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Navigating the intergenerational workplace

What role does mentorship play in the increasingly intergenerational workplace, and how can we think about diversity as broadly as possible in order to create more collaborative and inclusive cultures?

Fortune

Wheels fall off the gig economy for Deliveroo

The government has committed to introducing legislation in 2023 for gig economy workers.

The New Daily

Deliveroo’s sudden collapse in Australia leaves delivery riders scrambling to find new jobs

Experts warn company’s closure could be the first of several delivery services to disappear due to challenging economic conditions

The Guardian - AU

Deliveroo's departure from Australia brings takeaway delivery closer to a monopoly

The collapse of Deliveroo in Australia will mean less choice in the nation's food delivery sector — and ultimately impact hospitality venues, gig economy drivers, and could make your takeaway pricier.

ABC News

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4 Overrated Stocks to Avoid Like the Plague

Once investor favorites DoorDash (DASH), Teladoc Health (TDOC), SoFi Technologies (SOFI), and ContextLogic (WISH) have fallen significantly due to their poor fundamentals and growth prospects amid the Fed’s aggressive interest rate hikes this year. With lingering recession fears, these stocks are expected to tumble further. Thus, it could be wise…

StockNews.com

Colorado gig drivers make an average of just $5.49 an hour, study finds

Although the report focuses on drivers in Denver, gig worker drivers across the US face similar issues, experts say

The Guardian - US

'Flying food' trial expands in Australia

Australians will be able to order more food and medicines by drone in an expansion of Google's air delivery service.

AAP

Benzinga's Top Ratings Upgrades, Downgrades For November 7, 2022

Upgrades

Benzinga

4 DoorDash Analysts Break Down A Blockbuster Quarter: Still Bullish, But There's A Few Issues

After posting better-than-expected third-quarter results, DoorDash Inc (NYSE: DASH) received four price target changes from analysts.

Benzinga

Block, Paypal, Twilio, Atlassian, Doordash: Why These Stocks Moved Significantly In Afterhours Trading Today

Stocks and bonds in the U.S. took a hit on Thursday, continuing their response to the Federal Reserve’s hawkish stance.

Benzinga

‘It’s a bait and switch’: Behind the ‘fake’ Uber Eats and DoorDash restaurants that are making customers furious

Delivery app users and drivers say they feel ‘duped’ by a tide of seemingly independent restaurants that are actually fronts for major chains, Io Dodds reports

The Independent UK

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Sports Illustrated

Lakers Reserve Says He Feels Like LeBron After Buzzer Beater

After he went undrafted in 2020, he worked for DoorDash and UberEats.

Tribune News Service

Feds must crack down on cyberattacks, Sen. Schumer says

In the wake of hacks of big companies like American Airlines and DoorDash, the federal government needs to boost cybersecurity for consumers, Senate Majority Leader Chuck Schumer said.

Axios

Food banks turn to DoorDash and Amazon to reach people in need

In 2021, 10% of U.S. households experienced food insecurity, according to a USDA report.

Benzinga

Disney's ESPN, DraftKings And Others Get An Apple App Store Boost From NFL Opening Weekend

More than 121 million people viewed at least part of the NFL's opening weekend slate of games, but ratings weren't the only thing getting a boost when the 2022 season officially kicked off. Several mobile applications saw increased usage and download volume over the weekend. Here's what you need to know:

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StockNews.com

3 Layoff Stocks You Might Want to Avoid for the Rest of 2022

The economic and geopolitical headwinds have hammered several businesses this year, with many laying off their employees to reduce costs and stay afloat. Shares of Shopify (SHOP), DoorDash (DASH), and Peloton Interactive (PTON), which have taken layoff measures because of their unstable fundamentals and dim growth outlooks, could be best…

Tribune News Service

Whom and how much should you tip? It depends, experts say

If you find yourself struggling with how much to tip your hairstylist or whether you should tip the local barista, you're not alone.

Benzinga

Benzinga Before The Bell: Elon Musk's Demand For Broad Twitter Data Dismissed, Xiaomi Wants To Join EV Race, Bed Bath & Beyond Plans To Share Turnaround Strategy Next Week And Other Top Financial Stories Friday, August 26

CNBC The Aviation Sector Is Slammed By Sky-High Rents

Tribune News Service

Vahe Gregorian: On Drew Waters’ first day with Royals: from DoorDash to mad dash to game-winning RBI

As Drew Waters ran out to right field on the long-anticipated day that he also knew may never have come, he absorbed a sensation he’d never experienced before.

Benzinga

Looking At DoorDash's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on DoorDash (NYSE:DASH). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

This Is What Whales Are Betting On DoorDash

A whale with a lot of money to spend has taken a noticeably bullish stance on DoorDash. Looking at options history for DoorDash (NYSE:DASH) we detected 11 strange trades.

Tribune News Service

7-Eleven reportedly purchased on-demand delivery startup

After expanding its 7Now delivery service with a subscription option for unlimited free deliveries, 7-Eleven has beefed up its quick commerce capabilities by buying a startup.

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