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The Latest Breaking News from DoorDash

I am a DoorDash driver who's been elected to the Colorado State House. Food delivery companies are gamifying your tips and making it harder for drivers to earn a living wage. Here's what you can do about it

Stephanie Vigil has a simple message for Americans: Food delivery companies use your generous tips to exploit drivers.

Fortune

1 Internet Stock to Buy Hand Over Fist and 2 to Avoid

With the growing adoption and expanding Internet of things (IoT) market globally, the internet industry is well-positioned to soar. Given its solid financials and growth potential, it could be wise to invest in Shutterstock (SSTK) in the internet space. However, Shopify (SHOP) and DoorDash (DASH) might be best avoided now…

StockNews.com

Deadly Ice Storm Snarls Travel Across Southern US

A winter storm brought rounds of sleet and rain, hazardous driving conditions were to blame for at least six fatalities

Zenger

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Uber Eats driver sobs after receiving 84p tip wondering how he is 'supposed to survive'

In heartbreaking footage shared on social media, a delivery driver could be seen wiping back tears after receiving a tip worth just 84p, and has called upon people to tip more generously if they can afford to do so

Daily Mirror

2 Stocks You Shouldn't Touch With a 10-Foot Pole

Although inflation has started showing signs of easing, minutes from the Fed’s last policy meeting indicate interest rate hikes to continue. This is expected to put further pressure on internet stocks. Therefore, it could be wise to avoid fundamentally weak Internet stocks Shopify Inc. (SHOP) and DoorDash, Inc. (DASH). Read…

StockNews.com

3 Retail Stocks You’ll Be Glad You Bought Before 2023

The retail industry is expected to remain buoyed as consumers show resilience in the face of mounting recession concerns. Therefore, we think fundamentally sound retail stocks Kroger (KR), Casey’s General Stores (CASY), and Buckle (BKE) could be worth buying now. Read on….

StockNews.com

How To Empower Millions of Independent Workers

Deregulation can help the millions of people who prefer flexible, independent jobs.

Reason

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McDonald's customer orders 'nothing burger' and is left in stitches when it arrives

McDonald's customisable menu means you can think outside the box with your order, and that's exactly what one man did when he decided to try getting a 'nothing burger'

Irish Mirror

Man orders 'nothing burger' from McDonald's and is left in stitches when it arrives

A man has left people online in stitches after he placed an order for a 'nothing burger' from his local McDonald's, as the unusual request saw him receive something strange

Daily Mirror

2 Overrated Stocks Investors Should Avoid in 2023

Despite the signs of inflation cooling down, the Fed will likely continue raising rates through next year, triggering a recession. Therefore, avoiding overrated stocks DoorDash (DASH) and Faraday Future Intelligent Electric (FFIE) could be wise. Read more….

StockNews.com

Service workers left in the lurch as Americans cut back on tipping

With lockdowns over and inflation rising, tips are shrinking in industries that depend on them – from gig work to restaurants

The Guardian - US

Uber to pay millions to Chicago restaurants in settlement agreement with city

Uber must pay millions in cash and provide free services to Chicago restaurants as part of a $10 million settlement with the city resolving claims the ride-share company listed restaurants on its UberEats and Postmates platforms without their consent and charged excess commission fees.

Chicago Tribune

How one Hollywood company is placing its bets on internet stars

LOS ANGELES — More than 1,000 people came to see Brian Awadis.

Los Angeles Times

DoorDash cuts 1,250 jobs after pandemic hiring surge

The decision by the online food delivery platform to eliminate about 6% of its workforce is the latest of several companies to recently announce job cuts recently, including Twitter and Amazon.

WEKU

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Fortune

Navigating the intergenerational workplace

What role does mentorship play in the increasingly intergenerational workplace, and how can we think about diversity as broadly as possible in order to create more collaborative and inclusive cultures?

The New Daily

Wheels fall off the gig economy for Deliveroo

The government has committed to introducing legislation in 2023 for gig economy workers.

The Guardian - AU

Deliveroo’s sudden collapse in Australia leaves delivery riders scrambling to find new jobs

Experts warn company’s closure could be the first of several delivery services to disappear due to challenging economic conditions

ABC News

Deliveroo's departure from Australia brings takeaway delivery closer to a monopoly

The collapse of Deliveroo in Australia will mean less choice in the nation's food delivery sector — and ultimately impact hospitality venues, gig economy drivers, and could make your takeaway pricier.

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news in one place.

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StockNews.com

4 Overrated Stocks to Avoid Like the Plague

Once investor favorites DoorDash (DASH), Teladoc Health (TDOC), SoFi Technologies (SOFI), and ContextLogic (WISH) have fallen significantly due to their poor fundamentals and growth prospects amid the Fed’s aggressive interest rate hikes this year. With lingering recession fears, these stocks are expected to tumble further. Thus, it could be wise…

The Guardian - US

Colorado gig drivers make an average of just $5.49 an hour, study finds

Although the report focuses on drivers in Denver, gig worker drivers across the US face similar issues, experts say

AAP

'Flying food' trial expands in Australia

Australians will be able to order more food and medicines by drone in an expansion of Google's air delivery service.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For November 7, 2022

Upgrades

Benzinga

4 DoorDash Analysts Break Down A Blockbuster Quarter: Still Bullish, But There's A Few Issues

After posting better-than-expected third-quarter results, DoorDash Inc (NYSE: DASH) received four price target changes from analysts.

Benzinga

Block, Paypal, Twilio, Atlassian, Doordash: Why These Stocks Moved Significantly In Afterhours Trading Today

Stocks and bonds in the U.S. took a hit on Thursday, continuing their response to the Federal Reserve’s hawkish stance.

The Independent UK

‘It’s a bait and switch’: Behind the ‘fake’ Uber Eats and DoorDash restaurants that are making customers furious

Delivery app users and drivers say they feel ‘duped’ by a tide of seemingly independent restaurants that are actually fronts for major chains, Io Dodds reports

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