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Feb 14, 2020
02/20
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. >> i actually had postmates call me that night at the restaurant and i said i want our listing taken down. we never opted in on it. >> delivery companies say the delivery apps allow people to reach more customers. as for complaints from businesses that don't want deliveries, postmates says in the off chance a merchant wants to be removed from a platform all they have to do is reach out to us and we'll remove them. greg loouth isn't sure how he wound up on those apps in the first place and it's an ongoing process to scrub the restaurant from all the delivery services. >> i'll get to the bottom of it. if i have to get an attorney involved, that's a possibility. >> as for those who use delivery apps if they want to know more about where the food comes from they should get in contact with the restaurant directly or with the department of local health. >> wow. very interestin . >>> 4:50 is the time. again, just to let people know we're starting traffic jams early. the team is love. i wonder why. >> st. valentine's day. >> right. >> good morning, everyone. let's talk about 280. you may lov
. >> i actually had postmates call me that night at the restaurant and i said i want our listing taken down. we never opted in on it. >> delivery companies say the delivery apps allow people to reach more customers. as for complaints from businesses that don't want deliveries, postmates says in the off chance a merchant wants to be removed from a platform all they have to do is reach out to us and we'll remove them. greg loouth isn't sure how he wound up on those apps in the first...
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Feb 11, 2020
02/20
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. >>> a judge told uber and postmates they have to abide by the new gig worker law recently passed in california. i can't believe it. that chad really was raised by wolves? which one is your mother? that's her right there. oh, gosh. no, i can't believe how easy it was to save hundreds of dollars on my car insurance with geico. it's really great. well, i'm just so glad to have met your beautiful family. and we better be sitting down now. believe it! geico could save you fifteen percent or more on car insurance. ♪ ♪ wherever we want to go, autosave your way there with chase. chase. make more of what's yours. mik'mike will get it done?'n, ok, let me tell you what the 'it' is. as mayor, i expanded healthcare coverage. as president, i'll build on obamacare because healthcare is a right. i created nearly 500,000 jobs in new york city. as president, i'll build an economy that delivers good jobs with higher wages. i'll take on the gun lobby and save lives. and i will stop trump's assault on women's reproductive rights. i've got a record of doing things. i've got the resources to take on this
. >>> a judge told uber and postmates they have to abide by the new gig worker law recently passed in california. i can't believe it. that chad really was raised by wolves? which one is your mother? that's her right there. oh, gosh. no, i can't believe how easy it was to save hundreds of dollars on my car insurance with geico. it's really great. well, i'm just so glad to have met your beautiful family. and we better be sitting down now. believe it! geico could save you fifteen percent...
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Feb 14, 2020
02/20
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. >> that's what happened recently with postmates we didn't even have an order. somebody walked in with a phone saying i want to order a pork chop. the pork chop hasn't been on the menu for months. the menu that he had was over a year old. >> postmates responded in the off chance a merchant wants to be removed from the platform we'll remove them. >>> there appears to be a surprising benefit involving the coronavirus. 95% of the lobster caught along the kalsz coast is typically shipped to china. but two weeks ago china closed its entire imported seafood market due to the concerns over the outbreak and now the lobsters that used to be sold in china are being sold at rock bottom ton prices here. >> the inability to ship out to china, we have seen that price drop significantly to be able to be attractive to the local market. >> now this only adds to the tough times for the california california lobster fishermen. . >> time is 6:48. sal, you've been liking our morning commute. it's been relatively light. >> i have a question. what is the typical price for lobster? >>
. >> that's what happened recently with postmates we didn't even have an order. somebody walked in with a phone saying i want to order a pork chop. the pork chop hasn't been on the menu for months. the menu that he had was over a year old. >> postmates responded in the off chance a merchant wants to be removed from the platform we'll remove them. >>> there appears to be a surprising benefit involving the coronavirus. 95% of the lobster caught along the kalsz coast is...
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Feb 28, 2020
02/20
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KPIX
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battling for business with new competitors with big investors behind them, including uber it's, postmate, and biggest of them all, doordash, which is valued at more than $12 billion. >> you've got three of these things? >> yes. >> reporter: all different apps? >> all different apps. >> reporter: white mays uses almost all the apps to sell their rice bowls. kathy valera bought the restaurant in 2018. you seem pretty busy walking in. why even bother being on the apps? >> because when i bought the restaurant a year and a half ago, it wasn't that busy. ki ba. then she signed up with grubhub. >> the first day was $300. the second day was $400. oh my god, this is amazing. today it is $3,000. so that's why like, i'm in love with all the type of apps that we have. >> reporter: but all those orders are not free. what do you pay for grubhub? >> 20%. >> reporter: a lot of restaurants complain that commission is too high. they provide the food. you make the match. that worth 20% of what i pay for a meal? >> so we don't actually define our prices. we define a minimum. in most places, it's 10% to rece
battling for business with new competitors with big investors behind them, including uber it's, postmate, and biggest of them all, doordash, which is valued at more than $12 billion. >> you've got three of these things? >> yes. >> reporter: all different apps? >> all different apps. >> reporter: white mays uses almost all the apps to sell their rice bowls. kathy valera bought the restaurant in 2018. you seem pretty busy walking in. why even bother being on the...
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Feb 14, 2020
02/20
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KTVU
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. >> i had postmates call me that night at the restaurant and wanted to know what's going on and i said we want our listing taken down. we never opted in on it. >> delivery companies say the delivery apps allow restaurants to reach more customers and customers try new foods. as for complaints from businesses that don't want deliveries, postmates says in the off chance a merchant wants to be remove friday the platform, all they have to do is reach out and ask to be removed from the platform and they will remove them. it's an ongoing process to scrub the restaurant from all delivery services. >> it takes time. i'm sure i'll get to the bottom of it. if i have to get an attorney involved i'll do that. >> they should get in contact with the restaurant directly or the department of local health. christien kafton ktvu fox 2 news. >>> back to rosemary we go. >> yes, we've got some blue sky out there. nice dry conditions for all the festivities. temperatures are in the upper 50s to low 60s for today. so right where we should be for this time of year. from ktvu across the oakland estuary. san fra
. >> i had postmates call me that night at the restaurant and wanted to know what's going on and i said we want our listing taken down. we never opted in on it. >> delivery companies say the delivery apps allow restaurants to reach more customers and customers try new foods. as for complaints from businesses that don't want deliveries, postmates says in the off chance a merchant wants to be remove friday the platform, all they have to do is reach out and ask to be removed from the...
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Feb 10, 2020
02/20
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CNBC
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kno we have a news alert on uber and postmate's fight against california's -- what's going on here >>ews. reports suggesting now that a federal judge has denied their go to halt enforcement of ab 5 california's new gig work law which would require most companies to reclassify contract workers as employees the judge here, the balance of equities and the public interest weighs in favor of permitting the state so enforce this led legislation. postmates tells cnbc there is a procedure and they look forward to presenting their full case on the merits we reached out to uber we will bring you that response when we get it. >> i have a feeling this is not over. >>> coming up, "mad money's" jim cramer sitting down with straws zelnick tonight 6:00 p.m. eastern time then we will have the latest on the coronavirus outbreak in our cnbc special report. st tig a7: p. .m eaern time (upbeat music) - [narrator] at southern new hampshire university we're committed to making college more accessible by making it more affordable. that's why we're keeping our tuition the same for all online and campus progra
kno we have a news alert on uber and postmate's fight against california's -- what's going on here >>ews. reports suggesting now that a federal judge has denied their go to halt enforcement of ab 5 california's new gig work law which would require most companies to reclassify contract workers as employees the judge here, the balance of equities and the public interest weighs in favor of permitting the state so enforce this led legislation. postmates tells cnbc there is a procedure and...
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Feb 11, 2020
02/20
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uber, postmates and other gig economy companies claim the new law could ruin their businesses. >>> santa clara launched a test program to expand services at a sobering center. meth users will soon be treated at a facility mostly reserved for alcoholics and supervisors say the new focus on meth users in san jose reflects a surge in the use of the drug. they desire to treat addiction as a medical issue instead of a criminal problem. >>> tomorrow morning, the santa clara battle against mosquitoes begins with county workers in helicopters spraying an eco-friendly pesticide on the marshes in san jose and palo alto. mosquitoes and other insects spread rabies and other diseases, causing possible health risks to the public. >>> people were forced out a four apartments in livermore after a huge tree crashed through the roof with wind gusting onto the building that force the tree to fall on sunday. take a look. one tenant was sleeping and woke up with the tree crashing a few feet from his face. >> i woke up with branches on my head and i could see the sky. water, sheet rock all around. i had no id
uber, postmates and other gig economy companies claim the new law could ruin their businesses. >>> santa clara launched a test program to expand services at a sobering center. meth users will soon be treated at a facility mostly reserved for alcoholics and supervisors say the new focus on meth users in san jose reflects a surge in the use of the drug. they desire to treat addiction as a medical issue instead of a criminal problem. >>> tomorrow morning, the santa clara battle...
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how does postmates different the most expensive pretty much all around, a lot of it has to do with when is a partner, the delivery fees usually lower so they offer much more incentive variety don't just do restaurants but if so many won isn't a partner could face fees close to 8 or 9 dollars per delivery. >> you are telling me you would spend almost 1,000 dollars per year per year, if you order from postmates once a week. >> that is true that is true, i think people are willing to do it because. >> what could that buy you 1,000 dollars a year. >> a lot. >> right, you can go to disneyland buy franchise -- frappuccinos. >> the convenience one thing but i wonder if people understand looking at things you can buy with 1,000 dollars, starbucks frappuccinos, nine days disney world domestic first class flight give me a break do people understand the cost eating by inventories getting food delivered. >> when when they get to final price seeing it don't really understand, about what each of those fees are so definitely -- seeing ordering food to kind of lower those costs, so you know you can loo
how does postmates different the most expensive pretty much all around, a lot of it has to do with when is a partner, the delivery fees usually lower so they offer much more incentive variety don't just do restaurants but if so many won isn't a partner could face fees close to 8 or 9 dollars per delivery. >> you are telling me you would spend almost 1,000 dollars per year per year, if you order from postmates once a week. >> that is true that is true, i think people are willing to...
SFGTV: San Francisco Government Television
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Feb 29, 2020
02/20
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SFGTV
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there's uber eats, grub hub, postmates and a bunch more. i got three that i didn't return calls to this past week. there's the government kitchens and the virtual kitchens and these are the production and distribution facilities for this industry. there's the consumer or the customer and there's the residents, people like myself, you know, that live neighborhood corridors of people that use the roads and frequent the neighborhood and commercial corridors and the government entities with enforcement of rules and permits toen sure to e public safety. let's go through five key issues and i can take any questions. the first issue -- i think where we're coming from an a restaurant and where i'm representing my restaurant, members and community, is the prospective of why are we seeing this new industry emerging and i think from talking to a bunch of people and myself included, it's coming because brick and mortar restaurants -- and these are fall service restaurants, for the most part. they're not the fast casual and they're not -- they include b
there's uber eats, grub hub, postmates and a bunch more. i got three that i didn't return calls to this past week. there's the government kitchens and the virtual kitchens and these are the production and distribution facilities for this industry. there's the consumer or the customer and there's the residents, people like myself, you know, that live neighborhood corridors of people that use the roads and frequent the neighborhood and commercial corridors and the government entities with...
SFGTV: San Francisco Government Television
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Feb 28, 2020
02/20
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SFGTV
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there's uber eats, grub hub, postmates and a bunch more. i got three that i didn't return calls to this past week. there's the government kitchens and the virtual kitchens and these are the production and distribution facilities for this industry. there's the consumer or the customer and there's the residents, people like myself, you know, that live neighborhood corridors of people that use the roads and frequent the neighborhood and commercial corridors and the government entities with enforcement of rules and permits toen sure to e public safety. let's go through five key issues and i can take any questions. the first issue -- i think where we're coming from an a restaurant and where i'm representing my restaurant, members and community, is the prospective of why are we seeing this new industry emerging and i think from talking to a bunch of people and myself included, it's coming because brick and mortar restaurants -- and these are fall service restaurants, for the most part. they're not the fast casual and they're not -- they include b
there's uber eats, grub hub, postmates and a bunch more. i got three that i didn't return calls to this past week. there's the government kitchens and the virtual kitchens and these are the production and distribution facilities for this industry. there's the consumer or the customer and there's the residents, people like myself, you know, that live neighborhood corridors of people that use the roads and frequent the neighborhood and commercial corridors and the government entities with...
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Feb 2, 2020
02/20
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BLOOMBERG
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if it performs well, it could mean companies like postmates and door dash and other unprofitable nameswn by consumers on advertiser lots will see whether it is warm out there in the market for them to also go public. taylor: the biggest issue is everyone thinks they have a website. now they are a tech company. now they want the evaluation of a tech company. is this a tech company or a mattress kean? >> it is a good question. you see it is a tech enabled business. there is an r & d center in san francisco and they are trying to develop new products besides mattresses like special lights you put by your bedside. the company is investing in technology. at the end of the day, they make mattresses and open retail stores across the country. it is one of those companies that is a hybrid. it is in the eye of the beholder whether it is valued like a tech company or a consumer company. it harkins back to the meal kit craze. you might remember blue apron, hello fresh, all those companies. were they tech companies or consumer companies? it is hard to say. taylor: should we be comforted by the fact
if it performs well, it could mean companies like postmates and door dash and other unprofitable nameswn by consumers on advertiser lots will see whether it is warm out there in the market for them to also go public. taylor: the biggest issue is everyone thinks they have a website. now they are a tech company. now they want the evaluation of a tech company. is this a tech company or a mattress kean? >> it is a good question. you see it is a tech enabled business. there is an r & d...
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you can get a free large pizza when you place an order of $25 on postmates. that means lisa and i have to both order a pie. you have to use the code pizza day. $40 or more with 10 off 40. if you by any chance are expecti expecting call cauliflower, they will give you a free pie if your baby is born on pizza day. >> i get it. took me a day but i get it. a lot of info about pizza. >> now we're hungry. >> forget coffee. we'll go right to pizza. you can see the camera shaking, feel the weind out there, it is mild. the wind advisory will go into effect in the next hour or two. look at mount tam where winds are over 40 miles an hour. it is 51 downtown in oakland, also in the mid to upper 40s in the south bay. with mild temperatures, gusty winds, what kind of day will we have? i'll answer that and talk about showers in southern california coming up. >>> also next up, the new look warriors battle, lakers at chase center. we have andrew with his othroughout the country for the past twelve years, mr. michael bloomberg is here. vo: leadership in action. mayor bloomberg
you can get a free large pizza when you place an order of $25 on postmates. that means lisa and i have to both order a pie. you have to use the code pizza day. $40 or more with 10 off 40. if you by any chance are expecti expecting call cauliflower, they will give you a free pie if your baby is born on pizza day. >> i get it. took me a day but i get it. a lot of info about pizza. >> now we're hungry. >> forget coffee. we'll go right to pizza. you can see the camera shaking,...
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Feb 28, 2020
02/20
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KPIX
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at popeye's, postmates, users, rather, purchase a chicken sandwich today. a free chicken sandwich tomorrow. $15 minimum. michelle? >> that is pretty good. some free food, discounted food. and if you are a leap year baby, then you age a lot slower, right? >> reporter: yes. it is there. and you deserve it. >> all right. diane king hall, have a great day. happy friday. >>> if you ever written about spending too much money on your pet, you could be right. the macon pet products association warns that americans spend $95 million on pets last year. 37 billion of it went to food and treats, 29 billion went to bed and healthcare products. pet owners even spent more than 10 billion on grooming and training. experts say that one reason we're spending so much more is because of advances in the pet industry. >> i save money on groomers. last year, it caught me $5000, close to it. >> yikes, that is expensive. >>> the time now is 5:39. so what are your chances of getting the coronavirus? >> we break down the small percent of cases that are critical. >>> plus, face mask s
at popeye's, postmates, users, rather, purchase a chicken sandwich today. a free chicken sandwich tomorrow. $15 minimum. michelle? >> that is pretty good. some free food, discounted food. and if you are a leap year baby, then you age a lot slower, right? >> reporter: yes. it is there. and you deserve it. >> all right. diane king hall, have a great day. happy friday. >>> if you ever written about spending too much money on your pet, you could be right. the macon pet...
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Feb 20, 2020
02/20
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CNBC
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. >> if you're uber eats, how does that make you feel >> uber eats, postmates, door dash it's a unique though it's delivered pizza how much can they expand outside that we'll see. there's wings. there's other things that people get. domino's is in a unique position of being the apple of food delivery, right? vertically integrated. they can interrate quickly with new product and command their employees in a certain way i'm not sure they're going to be able to have the full apple effect apple charges a premium, it's a premium product. pizza is pizza. >> whoa, pizza is not pizza, jon fort. >> are we going to see $100 pizza? i don't know. >> here is wohere i knew domino was going to be huge i live in manhattan, which has good pizza my daughter loves domino pizza, of all the pizza this is all we get now domino's thin crust which, by the way, is more expensive than most pizza you can get in manhattan. she loves it that's all she wants if i could buy stocks i would. >> they were way ahead in the curve, telling you when the -- >> robots on the way they talked about this test with the neuro rob
. >> if you're uber eats, how does that make you feel >> uber eats, postmates, door dash it's a unique though it's delivered pizza how much can they expand outside that we'll see. there's wings. there's other things that people get. domino's is in a unique position of being the apple of food delivery, right? vertically integrated. they can interrate quickly with new product and command their employees in a certain way i'm not sure they're going to be able to have the full apple...
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a free large pizza from blaze if you place an order of $25 on postmates.ou don't have to leave your house. that being the best part there. just not biz day. 40 or more with promo code with 10 off 40. if by chance you're expecting, right, a little bun in the oven, caulipower shall makes frozen pizzas. they will give you free pies for a year with the cauliflower crust. not as bad for you. i'm not going to say good but not as bad. >> looks nice outside but a blustery day. we had pretty nice weather a couple days ago, now wind to deal with with wind advisory. you can see cameras shaking with 50-mile-an-hour wind gusts. over here 2,000 feet. at 1,000 winds at 60 miles an hour across the day mount diablo, 53 in oakland, concord, 51 santa rosa. we are milder, windy all day. we'll talk about some more pleasant spring-like weather coming up in the seven-day outlook in a few minutes. >>> next up, new look warriors battle lakers at chase center. andrew wiggins made his debut. andrew wiggins made his debut. chris has ♪ ♪ the wait is over. try my new tiny tacos. 15 for
a free large pizza from blaze if you place an order of $25 on postmates.ou don't have to leave your house. that being the best part there. just not biz day. 40 or more with promo code with 10 off 40. if by chance you're expecting, right, a little bun in the oven, caulipower shall makes frozen pizzas. they will give you free pies for a year with the cauliflower crust. not as bad for you. i'm not going to say good but not as bad. >> looks nice outside but a blustery day. we had pretty nice...
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Feb 21, 2020
02/20
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FBC
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we won't have postmates deliberate. >> the whole battle royal prince harry and meghan markle will be responsibilities when they formally stepped down this spring. what is next for the no longer royal couple in some ways, is it about money for them? who better to ask -- it's friday come on. >> monetizing royalty is something that is not exactly new. first of all i hope the folks in london get a clue that they can monetize input on the backs of british taxpayers, the folks in england have been paying for royalty for so long it should be entirely monetized, do with this couple is doing all over the uk, that is by suggestion, if they care at all. but frankly i don't and i think this is the end of the royalty. as soon as they begin to lose political power to the prime minister when they decided to switch over in the beginning of the 20th century from the power of the king to the power of parliament. that's when it began to slip and now we see the final promises, the last gas and i give it about 15 years because i think it's gonna be completely independent. >> even the crowd says they won'
we won't have postmates deliberate. >> the whole battle royal prince harry and meghan markle will be responsibilities when they formally stepped down this spring. what is next for the no longer royal couple in some ways, is it about money for them? who better to ask -- it's friday come on. >> monetizing royalty is something that is not exactly new. first of all i hope the folks in london get a clue that they can monetize input on the backs of british taxpayers, the folks in england...
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Feb 7, 2020
02/20
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CNBC
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uber eats is a massive global business, more global than postmates and grub hub and doordash i thinke's leveraging the core uber brand and their presence in all these markets for the ride business to launch uber eats and invest heavily in the marketing. i think you'll see the profitability come over time >> he mentioned he was working with kitchens, the cost base of who they have to pay versus a real restaurant with a store front. rates could be much lower. >> i would say half a friendly -- >> yeah. >> i wonder how you frame take rate in this environment investors love it. uber is getting more out there, but the drivers feel like they're not getting paid enough. reading this report, they're thinking wait a minute, what do you mean you're taking more? i'm still not getting enough >> i think we're going to see what happens that seems like the test market of all test markets for uber, right? they're letting drivers have more control over those rates, letting them see where their riders are going they're trying to escape the law but creating a natural experiment for what if we treat our
uber eats is a massive global business, more global than postmates and grub hub and doordash i thinke's leveraging the core uber brand and their presence in all these markets for the ride business to launch uber eats and invest heavily in the marketing. i think you'll see the profitability come over time >> he mentioned he was working with kitchens, the cost base of who they have to pay versus a real restaurant with a store front. rates could be much lower. >> i would say half a...
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Feb 7, 2020
02/20
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KRON
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to as much as 20% of the total bill eating nyc survey food delivery app store dash uber eats and postmates to poteau that serving life for the sdaq, i'm jane king. thank you thank you jane. >>now 7.21 still ahead an old apartnt complex'sbeen transformed now into affordable housing in san francisco. we're going hear from mayor london breed out that project. in east bay schools fundrser landed trouble with disney but now disn is the one saying sorry it's congstraight from the top. and here's a ick live look outside we've got a shot here of thbay bridge approach. this ability not too bad right at the toll plaza, but you can see off in the stance we have a lot of fog floating around out there so give yourself a little extra time we'll get an update from robin on your commute and john growing up in la, bad air forced us ioors. and now we have to deal with th. climate change is an emergency. that's why i wrote thenatis most progressive climate law. and that'shy i'm endorsing tom steyer. because when big oil tried to stop our clean air laws, he led us to victory. same with the keysne pipeline. wh
to as much as 20% of the total bill eating nyc survey food delivery app store dash uber eats and postmates to poteau that serving life for the sdaq, i'm jane king. thank you thank you jane. >>now 7.21 still ahead an old apartnt complex'sbeen transformed now into affordable housing in san francisco. we're going hear from mayor london breed out that project. in east bay schools fundrser landed trouble with disney but now disn is the one saying sorry it's congstraight from the top. and...
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Feb 18, 2020
02/20
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CNBC
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. >> can they buy their way out of this, door dash and postmates reportedly considering new listingshey don't need to buy their way out of this. they need to do what courtney said, be aggressive on ideas and incorporate them in, whether buy or build them. mcmillon is doing well with the street because he's doing all the right things, right? he's degree the right thing with shareholder and shareholder and dividend he's doing the right thing for the customer, giving them what they want, where they want, when they want it the associates are happier the reason they missed part of the fourth quarter was because they were nicer to the associates than they had been regarding scheduling the fact they didn't cut back on hours when they showed up to work on the holidays he's doing the right stuff for the community at large, right? he's a guy -- >> it's woke walmart. >> it's a woke walmart. >> are we surprised they haven't been impacted or at least he can't quantify impact from the coronavirus? when you think of americans paying super low prices you think of imports from china. i was kind of su
. >> can they buy their way out of this, door dash and postmates reportedly considering new listingshey don't need to buy their way out of this. they need to do what courtney said, be aggressive on ideas and incorporate them in, whether buy or build them. mcmillon is doing well with the street because he's doing all the right things, right? he's degree the right thing with shareholder and shareholder and dividend he's doing the right thing for the customer, giving them what they want,...
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Feb 11, 2020
02/20
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FBC
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uber and postmates were looking to fight for a temporary injunction at least, as you see these companies most affected. uber came out with the same, not happy as you can imagine with the ruling yesterday, they passed ab-five using biased and overt political process ignored workers most affected by the law. instead uber is joining forces with the other countries looking for a ballot measure in november to help stem ab5. maybe they can repeal it somehow. uber by the way said, they are factoring in the fact that the regulatory environment will not change from today. meaning ab 5 will not affect recharacterization of their drivers and their license will not expire and taken away. uber said they will get to profitability ahead of schedule in the fourth quarter this year instead of 2021. that sets the stage for lyft which reports earnings after the bell. lyft because of how well uber did, which beat consensus estimate, lyft is doing as well. i will speak to the cfo later on today. lyft has lots of room. they say they will get to profitability in the year 2021. the market is looking something a
uber and postmates were looking to fight for a temporary injunction at least, as you see these companies most affected. uber came out with the same, not happy as you can imagine with the ruling yesterday, they passed ab-five using biased and overt political process ignored workers most affected by the law. instead uber is joining forces with the other countries looking for a ballot measure in november to help stem ab5. maybe they can repeal it somehow. uber by the way said, they are factoring...
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Feb 26, 2020
02/20
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BLOOMBERG
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door --, postmates, uber eats. or you worried about the competition when they have a lot of cash? as much cash as they used to have. the private funding market has dried up. it is hard to find equity $100 millionwrite plus check. we are profitable. we can sustain us for as long as possible. we are cutting back on our profitability to be more competitive and do things like grubhub plus were we are giving users 10% cash back. we're attacking from a position of strength. while everyone else is slashing budgets to find profitability, we have profitability and we are giving away unparalleled rewards to consumers created. emily: as you say, grubhub has been profitable. you are also willing to sacrifice profits. we going to see zero profits? losses? >> for 2020, we are going to make $100 million net profit. that is arbitrary. we just said we want to prove to everyone we can still make a substantial a lot of money while being as competitive as we can. we pushed in the non-partner delivery. we doubled our restaurants. we have the largest restaurant network in the country and we are doing t
door --, postmates, uber eats. or you worried about the competition when they have a lot of cash? as much cash as they used to have. the private funding market has dried up. it is hard to find equity $100 millionwrite plus check. we are profitable. we can sustain us for as long as possible. we are cutting back on our profitability to be more competitive and do things like grubhub plus were we are giving users 10% cash back. we're attacking from a position of strength. while everyone else is...