Uber Eats, DoorDash, Grubhub sue New York City over caps on fees they can charge restaurants September 10, 2021 A group of food delivery giants including Uber Eats, DoorDash and Grubhub have teamed together to sue the City of New York over legislation that would impose a permanent cap on the commissions they can charge restaurants. The companies filed a lawsuit in federal court in New York late last night, seeking an injunction that [...]
Wall Street ends hot streak and opens lower amid China growth slowdown August 16, 2021 Wall Street fell from last week’s record highs at Monday’s open amid concerns about the impact of the crisis in Afghanistan and after China missed expectations on a range of data, signalling that its economy was slowing down. The S&P 500 slid down 0.4 per cent from Friday’s all-time high of the year, while the [...]