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Grubhub, Inc. News

Grubhub Shows That Food Delivery Alone Won’t Bring Profits

The restaurant delivery company launches a Grubhub Goods convenience store service after a rough 2021.

Lyft, Uber and Others Unite as Driver Wars Move to Washington

A bunch of the gig-economy companies join to fight regulation in Washington state.

Starbucks, DoorDash, Domino's: Restaurant Gift Cards Make a Holiday Comeback

Sales were up 43% year-over-year, according to a new report.

Lyft Banks On Autonomous Cars, Food Delivery

As part of a partnership with Ford and Argo AI announced this summer, Lyft has deployed the first batch of self-driving cars in Miami.

Breaking News

Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests

Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.

Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat

"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.

Playtika Stock Slumps After Joffre Capital Takes 25.7% Stake Online Casino Gaming Group

Axios reported late Monday that tech buyout group Joffre Capital is seeking a majority stake in the online casino video game group.

Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots

"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.