Business Report: FreshDirect may go under as parent Getir looks to cut costs: ‘Don’t see how it lasts longer than a year’

Business Report: FreshDirect may go under as parent Getir looks to cut costs: ‘Don’t see how it lasts longer than a year’

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April 24, 2024: FTC votes to ban noncompete agreements despite business groups' vow to sue
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FreshDirect may go under as parent Getir looks to cut costs: 'Don't see how it lasts longer than a year'
Ahold gave Getir $151 million "to take FreshDirect off [its] hands," and invested an additional $30 million into Getir.
FTC votes to ban noncompete agreements despite business groups' vow to sue
According to the FTC, 30 million people — roughly one in five workers — are now subject to such restrictions.
Tesla's Q1 report: Revenue drops, but shares jump on Elon Musk's plan to launch new models
The Musk-led firm's revenue fell in the first quarter as it handed over fewer electric vehicles to customers due to slowing demand and intense competition…
Oracle founder Larry Ellison announces plans to move world headquarters to Nashville
Back in 2022, Oracle acquired Cerner for $28 billion. The Kansas City, Missouri-based company provides software for managing electronic health records.
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Vince McMahon claims sex-trafficking accuser would sneak into his penthouse to cheat on her fiancé: court docs
Janel Grant "would often visit" McMahon at his Stamford condo "at all hours, including at 2:30 a.m., to pursue their affair, according to Tuesday's court…
Top anti-Trump legal pundits at various networks quietly meet for private weekly call: report
A cable cabal of anti-Trump legal pundits reportedly meet for a weekly Zoom call to discuss the latest on former President Donald Trump's legal troubles…
Spotify reaches record high earnings — but misses target on monthly active users
Spotify's quarterly gross profit topped $1.1 billion for the first time after it reined in marketing spending, although that meant the music streaming giant missed its…

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