DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery
DoorDash CEO Tony Xu has spent 12 years building his food delivery company from an upstart into a big acquirer.…
Category: Economy
Pentagon chief says ready to ‘fight and win’ against China, urges Asian allies to boost defense spending
While playing up the U.S.'s enduring commitment to the Indo-Pacific region, Hegseth took swipes at the absence of China's defense…
EU ‘prepared to impose countermeasures’ after Trump doubles steel tariffs to 50%
President Donald Trump announced Friday that he was raising tariffs on steel imports from 25% to 50%. ...
Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical
Michael Saylor applauds efforts by other companies to replicate his strategy of using cash to buy bitcoin. ...
Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property
Starbase was officially formed earlier this month after Elon Musk's aerospace and defense contractor prevailed in a local election. ...
U.S. foreign tax bill sends jitters across Wall Street
Trump's "One Big Beautiful Bill Act," if enshrined into law, could transform the current trade conflict into a capital war,…
Caviar and privacy: Airlines’ business-class wars are here
American and United are revamping their international business class ...
Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 2.2% annual rate in April. ...
Trump accuses China of violating preliminary trade deal
The U.S. and China in mid-May agreed to a 90-day suspension on most tariffs after Trump slapped sky-high tariffs on…