Business

DoorDash Acquires Instacart for $17 Billion, Transforming Grocery Delivery Landscape

DoorDash’s $17bn acquisition of Instacart aims to enhance grocery delivery, expanding options for consumers and retailers.

European gas prices hit a four-year high due to supply fears heightened by geopolitical tensions and storage shortages.

Elon Musk invests $1 billion in Skydance, aiding its growth post-Paramount-Warner merger, targeting major cost-saving initiatives.

French borrowing costs surpass US as budget challenges and protests exacerbate financial strain.

Airbnb rules prohibit hosts from requiring guests to do chores like dishwashing and bed stripping, starting 20 November.

United CEO Scott Kirby calls for a wealth tax, drawing conservative criticism despite his own multimillion-dollar earnings.

Revolut users experience significant service disruptions as the digital bank works to resolve ongoing issues.

Oil prices remain near $110/barrel amid Middle East tensions impacting supply concerns. Global markets watch closely.

Anthropic AI plans to allocate 5% of its shares to a public fund to address AI’s societal impacts.