Consumer News

Natalie DeCoste

DoorDash’s IPO Success

DoorDash’s new IPO was a smash hit as it surged 86% in its stock-market debut on Wednesday, Dec. 9. The strong market position gives the company a

FTC Sues P&G

In an effort to stop the consolidation of the razor business, the Federal Trade Commission has sued Proctor & Gamble. The FTC is suing P&G, the

Uber Sells its Self-Driving Car Unit

Uber is selling its self-driving car division to Aurora, a self-driving car start-up. The sale marks the end of Uber’s five-year attempt to develop self-driving vehicles

FDA Releases More Vaccine Data

Following detailed analysis, the Food and Drug Administration has concluded that the Pfizer coronavirus vaccine meets the “prescribed success criteria” in a clinical study, suggesting the agency

Chick-fil-A Sues Over Price Fixing

Chick-fil-A is heading to court. The leading U.S. chicken sandwich chain has filed a lawsuit against more than a dozen major poultry producers accusing them of price-fixing.

DoorDash IPO Plans

The largest food delivery service in America is boosting its price target for its planned IPO.  DoorDash has amended its S-1 filing Securities and Exchange

Jobless Claims Drop Again

Jobless claims have dipped down again following an increase similar to earlier lows in November and October. First-time claims for unemployment benefits totaled 712,000 in the week ending on

Salesforce to Buy Slack

Salesforce is buying workplace messaging service Slack, marking the largest acquisition in the cloud-based company’s history and a major development for the business-software industry. Salesforce has agreed

Amazon Web Services Partners with Apple

Amazon and Apple are teaming up to make the creation of apps and software for Apple devices easier for developers. Amazon Web Services’ Amazon Elastic

Kohl’s and Sephora Join Forces

Kohl’s is positioning itself to compete in the lucrative beauty world with its new partnership with Sephora. According to a Dec. 1 press release from

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