DIRS.INFO The most relevant business & tech news

We’ve never in my lifetime changed candidates this late in the game,” West said, pausing as she left a Harris campaign office to pick up a new packet of door-knocking materials. “There is a lot of excitement around Vice President Harris, actually. However, despite the preparations, Trump’s campaign has yet to find its footing on a consistent message about the vice president. Outside the campaign, Trump’s allies worry there is no strategy for what is now a competitive race. Vice President Kamala Harris speaks at a gathering of the Sigma Gamma Rho sorority in Houston on July 31, 2024.

Persons: Donald Trump’s, Joe Biden, Trump, Biden, Kamala Harris, Ohio Sen, JD Vance, Harris –, Harris, –, ”, “, ” Trump, pollster John McLaughlin, ” McLaughlin, Harper, “ I’ve, We’ve, ” West, President Harris, Joe Lamberti, ” Harris, Rachel Scott, Scott Olson, it’s, Barack Obama, Trump’s, Steven Cheung, “ He’s, Brandon Bell, Trump –, Harris didn’t, ” Rev, Charles Williams, I’m, ’ ” Williams, he’s, Donald Trump, She’s, Carolina Sen, Lindsey Graham, she’s, Vance, Anna Moneymaker, Tucker Carlson’s, they’ve, Alaska Sen, Lisa Murkowski, Schouten, Kate Sullivan, Jeff Zeleny, Steve Contorno, Manu Raju, Morgan Rimmer, Danya Gainor, Lauren Fox Organizations: CNN, Republican, Republican Party, Trump, GOP, National Association of Black Journalists ’, Biden, Harris, Getty, Democrats, Democratic, Democratic Party, ABC, Fox News, Senior Trump, ABC News, National Association of Black Journalists, Indian, Sigma Gamma Rho, Air Force, White, Sigma Gamma Rho sorority, Historic King Solomon Baptist Church, ”, Senate, Capitol Locations: Milwaukee, Chicago, India, Jamaica, Oakland County , Michigan, Harrisburg , Pennsylvania, AFP, Trump, New York, Georgia, Butler , Pennsylvania, Harris, Atlanta, United States, North Carolina, Houston, Detroit, ”, Carolina, Sierra Vista , Arizona, Alaska, Mexico, Arizona, Ohio, California

☆ Amid Heavy Industry, Canada’s Newest (and Tiniest) National Park
▼ + stars: | 2024-08-03 | by ( Ian Austen | Tara Walton | ) www.nytimes.com time to read: 1 min

The beach is more about broken glass from generations of illicit parties than sand. The roar and squeal of a nearby railway locomotive compete with the birdsong. The wind carries a sweet chemical scent from a cooking oil processing plant to the west. But amid all this blight peeks out a most surprising sight: familiar yellow signs sporting the beaver logo of Parks Canada. In a country with national parks set amid majestic mountains and vast expanses of wilderness, this unprepossessing stretch of land in Windsor, Ontario, is set to become part of Canada’s newest national park.

Persons: birdsong Organizations: Parks Locations: Detroit, United States, Parks Canada, Windsor , Ontario, Canada’s

WASHINGTON — Vice President Kamala Harris is nearing a final decision in choosing her running mate and plans to meet with some of the top contenders in person over the next 72 hours, a source familiar with the process said. Josh Shapiro is among the top contenders for the vice presidential spot. Transportation Secretary Pete Buttigieg is among the contenders to be Harris' running mate. It's unclear if all of them have advanced to the final in-person interviews with Harris herself this weekend. Andy Beshear is one of the six vice presidential contenders, NBC News has reported.

Persons: WASHINGTON, Kamala Harris, Harris, Josh Shapiro, Ryan Collerd, Manuel Bonder, “, ” Bonder, Eric Holder, Barack Obama, Burling, Pete Buttigieg, Houston Cofield, Shapiro, Tim Walz, JB Pritzker, Andy Beshear, Arizona Sen, Mark Kelly, Jon Cherry Organizations: Washington , D.C, Pennsylvania, Getty Images Pennsylvania, Hamptons, PAC, Burling LLP, Transportation, Bloomberg, Getty, NBC, Minnesota Gov, Illinois Gov, Kentucky Gov, NBC News, Concordia Locations: Washington ,, AFP, Covington, Minnesota, Illinois, Kentucky, Arizona, Philadelphia, Wisconsin, Detroit, Raleigh , North Carolina, Phoenix, Las Vegas, Savannah , Georgia

Some of them were alums of Project Veritas, the conservative group known for elaborate sting operations targeting liberal organizations, journalists and unions. The man at the center of the fracas was Michael Spadone, a former Project Veritas field director. In that role he oversaw staffers who used hidden cameras to embarrass people Project Veritas targeted. James O’Keefe, the Project Veritas founder, was ousted from the nonprofit last year. Before Spadone left Project Veritas, he was the subject of a sexual harassment lawsuit filed by a former administrative assistant.

Persons: Michael Spadone, Spadone, “, ” Spadone, they’d, ”, It’s, James O’Keefe, Jeffrey Lichtman, didn’t, Zachary Glaza, Antonietta Zappier, Amer Zahr, Zahr shrugged, surveil, profanities, you’re, —, You’re, “ You’re, Uber, I’m, ’ ”, they’re Organizations: Veritas, NBC News, Project Veritas, Dearborn Police Department, Local, People’s Conference, Palestine, Henry, NBC Locations: Michigan, Dearborn, America, Palestinian American, American, we’re, Detroit

☆ Chase Budinger was a pro basketball player and NBA journeyman. Now he’s at the Olympics playing a different sport entirely
▼ + stars: | 2024-08-02 | by ( George Ramsay | ) edition.cnn.com time to read: +5 min

The former basketball player, who spent seven years in the NBA with four different teams, now finds himself in the shadow of the Eiffel Tower, competing at the Olympics in a different sport entirely. Budinger is a professional beach volleyball player these days, and alongside Team USA partner Miles Evans, is hoping for a deep run at the Games in Paris. Drafted by the Detroit Piston in 2009, he went on to play more than 400 NBA games with Houston Rockets, Minnesota Timberwolves, Indiana Pacers, and Phoenix Suns. A brief stint in Spain followed, after which Budinger decided to leave basketball and return to beach volleyball, making his professional debut in 2018. But he also draws on his experience of playing in the NBA when he’s out on the beach volleyball court, particularly when it comes to dealing with pressure.

Persons: Paris CNN — Chase, Miles Evans, “ It’s, it’s, ” Budinger, I’m, ”, “, Spain's Adrián Gavira, Kyle Terada, Reuters Budinger, Budinger, Evans, “ Chase, we’ve, Spain’s Pablo Herrera, Adrián Gavira Organizations: Paris CNN, NBA, Eiffel, Team USA, Games, Paris, Spain, Friday, USA, Sports, Reuters, University of Arizona, Detroit Piston, Houston Rockets, Minnesota Timberwolves, Indiana Pacers, Phoenix Suns, Olympics, NBC, France Locations: Paris, California, Spain, Netherlands

☆ Harris' running mate search nears the finish line: From the Politics Desk
▼ + stars: | 2024-08-01 | by ( The Politics Desk | ) www.nbcnews.com time to read: +10 min

In today’s edition, we report on how Vice President Kamala Harris' search for a running mate is nearing the finish line. Harris' VP search nears the endBy Yamiche Alcindor, Julie Tsirkin and Rebecca ShabadThe vetting team for Vice President Kamala Harris has met with six potential running mates as her selection process nears its end, two sources familiar with the campaign said. Shapiro met with Harris’ vetting team on Wednesday, according to a source familiar with the meeting. The vice president was not present, the source said. Read more →The Democratic National Committee’s virtual roll call to officially nominate Harris for president began at 9 a.m.

Persons: Kamala Harris, Jonathan Allen, Donald Trump, Harris, Yamiche Alcindor, Julie Tsirkin, Rebecca Shabad, Andy Beshear, Pete Buttigieg Arizona Sen, Mark Kelly Illinois, JB Pritzker, Josh Shapiro Minnesota, Tim Walz, Joe Biden, Shapiro, Manuel Bonder, ” Bonder, Kelly, ” Pritzker, Walz, “ I’m, ” Walz, Read, Allan Smith, →, hasn’t, Ohio Sen, JD Vance, Kamala Harris ’, Trump, ” That’s, ”, Scott Olson, Vance, Joe Biden —, Archie Bunker, Harris doesn’t, that’s, —, Sen, Rea, sid e nt began, m. E, mary day in Organizations: NBC, White House, Capitol, Mark Kelly Illinois Gov, Hamptons, PAC, NBC News, Democratic, National Association of Black Journalists, GOP, ’, Trump, SC O Locations: Kentucky, Philadelphia, Wisconsin, Detroit, Raleigh , North Carolina, Phoenix, Las Vegas, Savannah , Georgia, Israel, Gaza, Chicago, Indian American, Michigan , Wisconsin , Pennsylvania, Arizona, Georgia, —

☆ Ford reveals 2025 Maverick pickup with new technologies, hybrid options
▼ + stars: | 2024-07-31 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT — Ford Motor has redesigned its small Maverick pickup truck, adding more technology, new performance and hybrid options to the vehicle. Updates to the 2025 Ford Maverick include refreshed exterior and interior styling, including a 13.2-inch center touchscreen; an all-wheel-drive hybrid option; and connectivity features such as a 5G modem and wireless Apple CarPlay and Android Auto. The Ford entry-level pickup has been a surprise hit for the company since its introduction in 2021. The Maverick is drawing new customers to the Ford brand — many of whom are buying their first-ever new vehicle, the company said. Additionally, Ford said 80% of Maverick owners did not own a truck as their previous vehicle.

Persons: Ford, John Emmert Organizations: DETROIT, Ford, Apple, Android, CNBC Locations: North America

☆ These income plays could do better than money market funds when the Fed cuts rates
▼ + stars: | 2024-07-31 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

Cash has poured into money market funds since the Federal Reserve began its rate hiking cycle. Short-term debt has been a popular investment over the past few years, and money market funds are a top example. For perspective, there was roughly $4 trillion in total money market funds as of the fourth quarter of 2019, according to the St. Louis Fed . Money market funds hold very short-term debt, and many currently offer a yield above 5%. "Historically, you don't tend to see money market inflows stop or convert to outflows until you get below say 3% on those rates.

Persons: Cash, Louis Fed, Sam Huszczo, Huszczo, Todd Sohn, Ken Brodkowitz, weren't, Brodkowitz, Strategas, Sohn, " Sohn, Callie Cox, Cox Organizations: Federal Reserve, Investment Company Institute, SGH Wealth Management, Federal, Bond, SEC, Gries Financial Partners, Fidelity, Income, Morningstar, US Treasury, Ritholtz Wealth Management, Ritholtz Locations: Detroit , Michigan, BlackRock

☆ Kamala Harris’ coalition takes shape with ‘new energy’ from fraying Biden alliance
▼ + stars: | 2024-07-31 | by ( Jeff Zeleny | Eric Bradner | ) edition.cnn.com time to read: +9 min

There’s a new energy that we didn’t have previously,” said Dean, who owns a coffee shop in northwest Detroit. “It’s not just we have an opportunity to make history,” said Dean, who also leads the Michigan Black Business Alliance. “This is America’s border czar – and she’s failed us,” a narrator says over video of Harris dancing at an event. The narrator describes the vice president as “Failed. “How are you feeling about the switch from Biden to Harris?” Stevens asked.

Persons: Dean, Joe Biden, Donald Trump, Kamala Harris, “, ”, Harris, “ It’s, ’, Charles Williams, Joe Biden’s, ” Williams, Biden, –, she’s, ” Trump, Trump, That’s, Rosa, Harris ’, we’ve, ” Dean, “ I’ve, Anna Moneymaker, “ Uncommitted ”, Biden –, Abdullah Hammoud, “ Wth, Hammoud, Benjamin Netanyahu, ‘, Haley Stevens, ” Stevens, Stevens, Reuben Maxbauer, I’m, There’s Organizations: Detroit CNN, Democratic, Biden, Trump, Harris, Michigan Black Business Alliance, Historic King Solomon Baptist Church, “, Democratic National Convention, Liberal, Michigan, Electoral, Michigan Democrats, Dearborn, CNN, Israeli, Trump . Make, Democrats Locations: Detroit, Michigan, Chicago, Central America, Pennsylvania, Wisconsin, Arizona , Nevada , North Carolina, Georgia, Grand Rapids , Michigan, Dearborn, Israel, Gaza, Oakland County

☆ UAW union endorses Vice President Kamala Harris for president over Trump
▼ + stars: | 2024-07-31 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

U.S. Vice President Kamala Harris speaks during an NCAA championship teams celebration on the South Lawn of the White House in Washington, D.C., on July 22, 2024. The United Auto Workers on Wednesday endorsed Vice President Kamala Harris over Republican presidential nominee and former President Donald Trump. UAW President Shawn Fain has been outspoken against Trump. "We can put a billionaire back in office who stands against everything our union stands for, or we can elect Kamala Harris who will stand shoulder to shoulder with us in our war on corporate greed." Fain and Trump have been at odds – publicly trading remarks – since the union leader was elected early last year.

Persons: Kamala Harris, Donald Trump, Shawn Fain, Joe Biden, Trump, Harris, Fain, Biden, Trump . Fain, –, that's Organizations: NCAA, White, Washington , D.C, United Auto Workers, Republican, UAW, Trump ., Democratic, Trump, Republican National Convention Locations: Washington ,, Detroit

☆ Vice presidents: What this election proves about the importance of running mates
▼ + stars: | 2024-07-30 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

CNN —One major lesson from Vice President Kamala Harris’ sudden ascension to be the presumptive Democratic presidential nominee is that running mates matter. It’s a point not lost on some Republicans who are second-guessing Trump’s selection of Vance and Democrats who are anticipating Harris’ pick any day. Harris’ pick could come within days, according to CNN’s MJ Lee and Jeff Zeleny, who write that the pool of candidates has shrunk by one. Biden went on to pick Harris, the first woman of color to be on a national party’s presidential ticket. In 2016, Trump picked then-Indiana Gov.

Persons: Kamala Harris ’, Donald Trump, Sen, JD Vance, Harris, Joe Biden, It’s, Vance, “, Trump, CNN’s Edward, Isaac Dovere, –, Read, MAGA, Sofia Nelson, Vance’s, Vance's, SSRS, CNN’s KFile, ” Trump, Biden, CNN’s MJ Lee, Jeff Zeleny, Roy Cooper, Arizona Sen, Mark Kelly, Gabby Giffords, Josh Shapiro, Pete Buttigieg, CNN’s Piper Hudspeth Blackburn, Karl de Vries, Eric Bradner, Barack Obama, John McCain, Sarah Palin, Mitt Romney, Paul Ryan, Romney’s, Mike Pence Organizations: CNN, Democratic, Oval, Trump, Republican National Convention, Republicans, GOP, Yale Law School, Fox News, The Washington Post, North Carolina Gov, Arizona, House . Pennsylvania, Transportation, Republican, Alaska Gov, Indiana Gov Locations: Ohio, Detroit, “, – Michigan, Wisconsin, Pennsylvania, Scranton , Pennsylvania

☆ Stellantis to offer broad buyouts to U.S. salaried workers, warns of possible layoffs
▼ + stars: | 2024-07-30 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

CEO of auto giant Stellantis Carlos Tavares speaks to journalists during a joint media event by Stellantis and Leapmotor in Hangzhou, in eastern China's Zhejiang province on May 14, 2024. DETROIT – Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts to reduce costs and boost profits. The company, which reported disappointing first-half results last week, said if not enough employees participate in the buyout program, involuntary terminations could follow. Stellantis confirmed the buyout program, which was first by Automotive News, early Tuesday afternoon. Stellantis last conducted a voluntary buyout program in November, offering the deals to roughly half of its U.S. white-collar employees.

Persons: Carlos Tavares, headcount, Stellantis, excessiveness, Tavares Organizations: DETROIT –, U.S, Automotive News, Fiat Chrysler, France's PSA Groupe, CNBC Locations: Leapmotor, Hangzhou, China's Zhejiang province, Italy

☆ Diamond Sports, Comcast reach a deal to return Bally regional sports to cable customers
▼ + stars: | 2024-07-29 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

Bally Sports regional channels are returning to Comcast cable TV customers. Diamond Sports — the owner of Bally Sports-branded regional sports networks — reached a deal with Comcast on Monday that will see its networks go live for cable customers on Aug. 1. Pay TV companies such as Comcast have been bleeding customers in recent years as customers opt for cheaper streaming options. Comcast said last week it lost 419,000 domestic cable customers during the second quarter and now has roughly 13.2 million subscribers in total. Once a lucrative business, regional sports networks have been particularly squeezed by customers leaving the cable bundle.

Persons: Diamond, David Preschlack, expeditiously, Preschlack Organizations: Bally, MLB's Houston Astros, Minnesota Twins, Target, Bally Sports, Comcast, Diamond Sports, —, Major League Baseball, National Basketball Association and National Hockey League, MLB, Detroit Tigers, Charter Communications, DirecTV, NHL, NBA, Bankruptcy, Southern, Southern District of, Diamond, Pay, CNBC Locations: Minneapolis , Minnesota, Xfinity, U.S, Southern District, Southern District of Texas, NBCUniversal

☆ Ford, GM, Stellantis face a daunting second half of 2024
▼ + stars: | 2024-07-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +7 min

Stock Chart Icon Stock chart icon Ford, GM and Stellantis shares"Investors who think autos can outperform on + earnings beats and buybacks should think again. GMFor GM, investors balked at pullbacks in growth businesses, waning upside during the second half of the year, and fear that the automaker's earnings power has peaked, according to Wall Street analysts. Selling more EVs is one reason that GM, which has raised its annual financial guidance twice this year, expects the second half to underperform the first. The new Ford F-150 truck goes through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan. StellantisTransatlantic automaker Stellantis arguably faces the most challenging second half of the year, particularly regarding its U.S. operations.

Persons: Ram, Joe Raedle, Morgan Stanley, Adam Jonas, Jonas, Stellantis, GM's, Mary Barra, Ford, Ford doesn't, Joseph Spak, Bill Pugliano, John Lawler, Lawler, Carlos Tavares, Remo Casilli Organizations: Dodge Chrysler, Getty, DETROIT, Ford, Detroit automakers, GM, Wall Street, Analysts, Street, UBS, Ford Dearborn Plant, Ford Pro, Transatlantic, Stellantis Locations: Miami , Florida, U.S, China, Dearborn , Michigan, Atessa, Italy

☆ The big question everyone seems to have about 3D printed homes
▼ + stars: | 2024-07-28 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Read previewWhen Daniella Glaeze showed off her newly bought 3D printed home on TikTok, the biggest question commenters posted had less to do with printing and more with cleaning. In the case of 3D printed homes, the "ridges" refer to the horizontal layers of material that are left behind after the massive printing machine finishes. Daniella Glaeze, who currently lives in one of Icon's 3D printed homes, previously told Insider that she hasn't had any trouble with grime collecting in her home. Mighty Buildings, a 3D printing company based in Oakland, California, 3D prints its panels in factories rather than on-site, a spokesperson told BI. So if you're thinking about moving into a 3D printed home, you can brush away any worries of dusty walls and complicated cleaning processes.

Persons: —, Daniella Glaeze, hasn't, Mikkel Brick, Brick Organizations: Service, Business, Citizen Robotics, Robotics, 3DCP Locations: TikTok, Detroit, Oakland , California

The reality of the American air travel system is that powerful forces keep passengers flying the same carriers, even after service meltdowns like Delta just suffered. For passengers who live near one of the hubs where Delta controls most of the flights, such as Atlanta, Detroit, Minneapolis or Salt Lake City, choices are even more limited. But by Monday, the problems were mostly limited to Delta as other businesses were back to normal, adding to the frustration of its passengers. Delta canceled more than 4,400 flights from July 19 to 21, according to tracking service FlightAware. Past experience, plus the dominance of Delta in Atlanta and Don Hooper’s frequent flyer miles, would keep them using the airline.

Persons: Don Hooper, Dorothy, I’m, ” Don Hooper, “, ” Dorothy, Dorothy Hooper, ”, Don Hooper’s, Jeremy, Kaylee Jones, Lucia, Jeremy Jones, Zach Griff, won’t, McNamara, Joe Raedle, Scott Keyes, Delta, Dylan Steele, Steele, It’s, I’ve, … It’s, he’s, you’ve, “ We’ve Organizations: New, New York CNN — Delta Air Lines, Delta, CNN, St, Detroit Metropolitan Wayne County Airport, “ Locations: New York, Delta, United, Southwest, Atlanta, Detroit, Minneapolis, Salt Lake City, Bozeman , Montana, Greece, Italy, Spokane , Washington, St, Orlando, Washington

☆ JD Vance once said he hates the police and that Trump is a 'morally reprehensible human being,' emails show
▼ + stars: | 2024-07-28 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

The emails show Vance, who had yet to embark on his run for the Senate, writing to his classmate Sofia Nelson, a Detroit-based public defender. In them, Vance denounced the GOP's embrace of Trump, calling the former president a "morally reprehensible human being," and expressed disappointment with law enforcement after the killing of Michael Brown, a Black 18-year-old, in 2014. AdvertisementIn 2015, Vance wrote that he was "obviously outraged at Trump's rhetoric," comparing him to a demagogue "willing to exploit the people who believe crazy shit." He also wrote in 2016 that "the more white people feel like voting for trump, the more black people will suffer. In a text message to a different former Yale classmate in 2016, Vance wondered if Trump could be "America's Hitler."

Persons: —, JD Vance, Donald Trump, Vance, Sofia Nelson, Nelson, Michael Brown, I've, Luke Schroeder, Trump, Schroeder, Sofia, Trumper, MAGA, Kamala Harris, Trump's, Harris, JD Organizations: Service, Yale University, The New York Times, Senate, Times, Business, Trump, New York Times, Yale, Fox News Locations: Ohio, Detroit, Arkansas

☆ We rented our house on Airbnb for 15 years. It was so much work that we had to stop.
▼ + stars: | 2024-07-27 | by ( Dana Mcmahan | ) www.businessinsider.com time to read: +6 min

Renting your home to strangers for money wasn't even on the horizon when my husband and I bought our first house almost 20 years ago. I thought renting our house to race-goers would be an easy way to make a quick paycheck. We were early Airbnb adoptersIt didn't go well at first, though, with our first guests writing us a bad check. Courtesy of the auhorAlthough it's commonplace now, in those early days, friends thought we'd lost it when we let strangers stay in our house. A beautiful house that just needed some work, with a third floor guest suite and a carriage house, it had tons of potential as a short-term rental rental.

Persons: wasn't, Airbnb, we'd, Vertigo, COVID didn't, we're, aren't, it's, Diane Deaton, who's, It's, I've Organizations: Service, Kentucky Derby, Business, Realtors, House Locations: Louisville , Kentucky, Vertigo Louisville, Detroit, Louisville

☆ 5 Excerpts From JD Vance’s Emails to a Transgender Classmate
▼ + stars: | 2024-07-27 | by ( The New York Times | ) www.nytimes.com time to read: +1 min

As Senator JD Vance seeks the vice presidency, a former Yale Law School classmate and friend has shared about 90 of their emails and text messages, mostly from 2014 through 2017, with The New York Times. The emails add to an existing body of evidence showing how Mr. Vance pivoted from a strong opponent of former President Donald J. Trump to his running mate. They also provide an insight into a cultural willingness by Mr. Vance to accept his classmate, Sofia Nelson, who is transgender. Now, Nelson, who opposes the Trump-Vance ticket, hopes the emails will inform the opinion of voters about Mr. Vance. In response, a spokesman for the Vance campaign said in a statement that it was “unfortunate” for someone to share “decade-old private conversations between friends.”

Persons: JD Vance, Vance, Donald J, Trump, Sofia Nelson, Nelson, ” Organizations: Yale Law School, The New York Times, Trump Locations: Detroit, Arkansas

☆ Food delivery fees are rising, and everyone's feeling the pinch
▼ + stars: | 2024-07-27 | by ( Justine Fisher | ) www.cnbc.com time to read: +11 min

Third-party food delivery is becoming the norm for American consumers, as delivery apps like Grubhub, DoorDash and Uber Eats take hold in day-to-day dining. It's also presenting customers and restaurants with an increasingly complicated equation of service fees, delivery costs and worker tips. San Francisco resident Zainab Batool, who said she orders delivery from either Uber Eats or DoorDash weekly, called the added fees "insane." The share of consumers choosing third-party delivery services over direct restaurant delivery is rising, up from 15% in 2020 to 21% in 2024, according to Technomic's 2024 Delivery & Takeout Consumer Trend Report. But using their delivery services instead of paying for in-house delivery is worth it for a business on the smaller side, he said.

Persons: Luiz C, Ribeiro, Uber, It's, Zainab Batool, Batool, Gordon Haskett, Grubhub, it's, DoorDash, Covid, Spencer Platt, they've, Shelle Santana, Lindsey Nicholson, Tony Scardino, Pizza, He's, Scardino, Meredith Sandland, Ann, Phillis Engelbert, Engelbert, Gabby Jones Organizations: Ribeiro | New York Daily News, Tribune, Service, Getty, Gordon Haskett Research Advisors, Companies, U.S . Mobility, Uber, Bentley University, Grubhub Marketplace, UCG, Amazon, Bloomberg Locations: Manhattan, Ribeiro |, Francisco, Amsterdam, California, New York City, U.S, Canada, Illinois, Chicago, Ann Arbor , Michigan, Detroit

Ms. Harris was receiving 93 percent support from Democrats, the same share that Mr. Trump was getting from Republicans. Overall, Mr. Trump leads Ms. Harris 48 percent to 47 percent among likely voters in a head-to-head match. Mr. Trump leads Ms. Harris 48 percent to 46 percent among registered voters. The country’s view of Ms. Harris has also brightened, with her favorable rating rising by 10 percentage points since February. In a multicandidate race, less than a single percentage point separated Mr. Trump and Ms. Harris, with Ms. Harris at 44 percent and Mr. Trump at 43 percent after rounding.

Persons: Kamala Harris, Donald Trump, Donald J, Trump, Biden, Harris, Nate Cohn, Mr, Erin Schaff, Harris’s, JD Vance, Ohio, “, ”, Summer Nesbitt, Nesbitt, Biden’s, Trump’s, … Donald Trump, Joe Biden, Harris —, don’t, Eddie Otzoy, Hillary Clinton, Michael Newman, —, Robert F, Kennedy Jr, ” Harris Trump, Christine Zhang Organizations: New York Times, Siena College, Democratic Party, Democratic, Mr, Republicans, Times, Credit, The New York Times, Sun, Republican National Convention, Trump, Siena, “, Democrats Locations: Siena, Atlanta, Nevada , Arizona, Georgia, Detroit, Pennsylvania, Los Angeles, Arlington , Texas

☆ Ford shares, on pace for worst day since 2009, lead autos rout after disappointing earnings
▼ + stars: | 2024-07-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – Ford Motor is leading a decline in major U.S. automotive stocks this week amid disappointing results and investor skepticism around future performance. Shares of Ford were off by more than 17% in early trading Thursday – on pace for their worst decline since 2009 – after missing Wall Street's bottom-line earnings expectations due to warranty problems, a reoccurring issue with the company. Shares of General Motors and Stellantis were notably off as well after reporting their results this week. Shares of Tesla , which reported results Tuesday afternoon, were up slightly Thursday after their largest daily decline since 2020 on Wednesday. GM, down roughly 7% this week, outperformed Wall Street's expectations for the second quarter and increased its guidance for the year.

Persons: —, Stellantis —, Stellantis, Carlos Tavares Organizations: New York, DETROIT, Ford, General Motors, Tesla, — Ford, GM, NYSE Locations: Detroit

☆ GM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed
▼ + stars: | 2024-07-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

In this article GM Follow your favorite stocks CREATE FREE ACCOUNT2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. 2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. The 2019 Corvette ZR1 started at $121,000. 2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package (left) and 2025 Chevrolet ZR1. 2025 Chevrolet Corvette ZR1 GMOther performance models have helped to lift Corvette's average transaction price to roughly $106,000.

Persons: it's, GM Juechter, ZR1, Brad Franz, Franz, Morgan Stanley, Adam Jonas, Juechter, Ray Organizations: —, Motors, Chevrolet, Detroit, GM, Wall Street, Chevrolet Corvette, Bowling Locations: Bowling Green , Kentucky

☆ Ford thinks bigger is not always better
▼ + stars: | 2024-07-25 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

CEO Jim Farley told investors in an earnings call on Wednesday that when it comes to EVs, bigger is not always better — and said that the company's future would depend on its ability to build smaller, cheaper electric vehicles. Advertisement"In ICE [Internal Combustion Engine], a business we've been in for 120 years, the bigger the vehicle, the higher the margin," Farley said. The company continues to lose money on its electric vehicle business amid an industry-wide slowdown in demand for EVs. Ford has quietly created a secretive "skunkworks" team, reportedly based in California, to build this new platform. "We have to start to get back in love with smaller vehicles.

Persons: —, Tesla, Jim Farley, Farley, Ford Organizations: Service, EV, Business, Detroit, Tesla, Ford, Aspen Ideas Locations: California

☆ Ford Motor is about to report earnings. Here's what to expect
▼ + stars: | 2024-07-24 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

The Ford display at the New York International Auto Show on March 28, 2024. DETROIT — Ford Motor is set to report second-quarter earnings after the markets close Wednesday. Ford's second-quarter results last year included $42.43 billion in revenue; net income of $1.92 billion, or 47 cents per share; and adjusted earnings before interest and taxes, or EBIT, of $3.79 billion. Ford's guidance for the year includes adjusted EBIT of between $10 billion and $12 billion and free cash flow of $6.5 billion to $7.5 billion. Ford's stock is up about 15% this year, as pricing in the automotive industry has remained more resilient than expected.

Organizations: New York, DETROIT, Detroit, Motors, Ford Locations: Canadian

Search resuls for: "detroit"

25 mentions found