DoorDash is launching an AI chatbot for ordering food and booking reservations: The tool lets users describe what they want, upload recipe photos, and build grocery carts through a conversational interface
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- Wholesale inflation hits 6.5%. It hasn't been this high since 2022: Energy prices drove the bulk of the gain, with gasoline surging 23.4% and final demand goods posting their largest monthly increase on record
- Honda is recalling more than 1 million U.S. vehicles over a tire repair kit that could shoot a projectile: The sealant bottle in the flat tire repair kit can build up pressure and eject its cap, posing an injury risk to users nearby
- Heart drug developer Kardigan is targeting a $1.4 billion valuation in its U.S. IPO: The Princeton, N.J., biotech plans to raise up to $373.3 million by selling 23.3 million shares priced between $14 and $16 each
- U.S. weekly jobless claims edged up to 229,000, highest since February: The 4,000 increase came in above analyst forecasts and pushed the four-week moving average to its highest point since early 2026
- Volkswagen will have slashed 19,000 jobs by year's end, CEO plans to tell shareholders: CEO Oliver Blume told shareholders more than 28,000 binding departure agreements have already been reached for 2030
- Walmart is expanding drone delivery to 7 more U.S. cities with Wing: Memphis, New Orleans, Philadelphia, Phoenix, San Diego, the San Francisco Bay Area, and Salt Lake City are next in line
- Quartz repostedRivian stock sinks on R2 launch day despite historic first deliveries: Rivian stock closed down 6.6% on Tuesday as the company began delivering its lower-priced R2 SUV and pulled forward an entry-level model
- Quartz repostedChewy posts record profit and adds customers despite rocky consumer backdrop: The pet supplies retailer reported net income of $94.8 million and nearly 200,000 net new customers in its fiscal first quarter
- Quartz repostedAmazon is borrowing $17.5 billion to help bankroll its massive AI buildout: The senior unsecured delayed draw term loan facility, arranged through Citibank, matures three years after the funds are drawn
- Quartz repostedSpaceX wants to put AI data centers in orbit. It just showed investors what the first one looks like.: The AI1 satellite spans 230 feet and delivers 120 kilowatts of average compute power, drawing on hardware already built for Starlink
- Quartz repostedSalesforce is cutting jobs across its AI agent and cloud software teams: A California WARN notice lists 86 eliminated positions, with additional cuts in Washington state and outside the U.S.
- Quartz repostedCracker Barrel posted better-than-expected results and raised its full-year forecast: The restaurant chain posted adjusted earnings of 29 cents a share, well ahead of analyst expectations for a loss
