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Deliveroo shares jump on report of DoorDash’s interest in takeover

DoorDash reportedly approached Deliveroo last month before negotiations between the two companies broke down over disagreements about valuations

Treasury yields trade within a tight range as PCE inflation data looms

Bond yields rose early Wednesday, though benchmarks continued to meander within a narrow channel as traders await fresh news that may sway Federal Reserve thinking.

VW shares slip on plan to spend up to $5 billion in Rivian deal

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Investors still don’t appreciate Gap’s turnaround — but retailer’s room for error is shrinking, analysts say

Gap Inc. stands to gain from the back-to-school season, increasing relevance at its namesake stores, a product refresh at its Old Navy stores and early signs of improvement at its fitness brand Athleta, TD Cowen analysts said Tuesday.

Waymo opens its driverless taxi service to all in San Francisco

The self-driving vehicles are still a curiosity to many tourists, who now should have an easier time hailing a ride.

This scam artist was dubbed the ‘worst boyfriend’ in New York. Now he’s headed to prison.

Nelson Counne made women believe he was a jet-setting bon vivant. Prosecutors said he was a con man who stole $1.8 million from his girlfriends.

Cruise, GM’s troubled robotaxi unit, gets a new CEO

Veteran videogame executive takes the reins some seven months after co-founder departure, fleet grounding.

Rivian’s stock surges 41% on $1 billion Volkswagen investment and joint-venture plan

Shares of Rivian Automotive Inc. skyrocketed after hours Tuesday after Volkswagen AG said it will invest $1 billion in the electric-vehicle maker, with plans to pour billions more if an EV-focused joint venture between the two companies gets off the ground.

Stock-market buyback blackout period could spark dip as earnings season begins

A “blackout” for stock buybacks ahead of earnings season may be poised to cause another short-term pullback after a run to all-time highs for the S&P 500 and Nasdaq Composite.

FedEx’s stock rallies 14% as logistics company sees ongoing ‘momentum’

FedEx Corp. late Tuesday reported a quarterly profit above expectations and called for revenue growth for its upcoming fiscal year, sending the stock 14% higher in the after-hours session.

Nvidia’s stock selloff inspired retail investors to buy the dip

The megacap tech stock entered correction territory this week — and individual investors took advantage of the discount.

White House adviser says Biden isn’t ‘permanently screwed’ by inflation anger. Here’s why.

A top economic adviser to President Joe Biden said that he expects American voters to become less concerned over the high cost of living over time if policymakers can keep the inflation rate under control.
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