Uber agrees to buy Postmates with $2.65 billion all-stock deal

Uber agrees to buy Postmates with $2.65 billion all-stock deal

Ride-sharing company Uber Technologies Inc. has agreed on a deal to buy food-delivery app Postmates Inc. in a $2.65 billion all-stock agreement, Bloomberg News reported late Sunday, citing people familiar with the matter. The deal has been approved by Uber’s board and could be announced as soon as Monday, Bloomberg reported, adding that Pierre-Dimitri Gore-Coty, head … Read more

apps providing needed income for chefs

apps providing needed income for chefs

There’s a gig economy for everything these days, including gourmet cooking. Plenty of new apps are cropping up to help chefs earn extra income during the coronavirus pandemic by cooking or teaching about cooking — and they’re attracting some big name talent. On Monday, Franklin Becker, co-founder of restaurant chain The Little Beet, will launch … Read more

Away boss Steph Korey is stepping down again

Away boss Steph Korey is stepping down again

Away co-CEO Steph Korey is planning to step down a second time amid an uproar over her Instagram posts bashing journalists and the news media. The luggage startup’s impending leadership change comes after some Away staffers reportedly expressed concerns about the posts in an email to company honchos, saying Korey was putting her reputation ahead … Read more

Virus-hammered Air France discussing thousands of job cuts

Virus-hammered Air France discussing thousands of job cuts

PARIS — Air France is meeting with personnel representatives Friday to discuss thousands of job cuts after the virus pandemic grounded most flights and darkened prospects for future air travel. Activists from the far-left CGT union protested at Air France headquarters at Paris’ Charles de Gaulle Airport as the talks began. They’re particularly angry that … Read more

Turkey starts ‘in absentia’ trial for Jamal Khashoggi murder

Turkey starts 'in absentia' trial for Jamal Khashoggi murder

Twenty Saudi nationals went on trial in Turkey for the murder of journalist Jamal Khashoggi on Friday even though they weren’t in court to face the charges. The “in absentia” trial involves two former aides to Saudi Crown Prince Mohammed bin Salman and 18 other Saudis allegedly flown to Istanbul to commit Khashoggi’s gruesome killing … Read more

Japan requests Americans’ extradition in Carlos Ghosn case

Japan requests Americans' extradition in Carlos Ghosn case

Japanese officials have formally asked the US to extradite two Americans accused of helping ex-Nissan CEO Carlos Ghosn carry out his action-movie escape from Tokyo. Japan submitted its requests for the extradition of former Green Beret Michael Taylor and his son Peter to the US State Department pursuant to the two nations’ extradition treaty, federal … Read more

Boeing communications boss Niel Golightly resigns over article

Boeing communications boss Niel Golightly resigns over article

Boeing communications boss Niel Golightly has resigned over a sexist article he wrote three decades ago opposing women’s service in the military. His exit leaves the embattled planemaker searching for a new top spokesman as it works to get its troubled 737 MAX jet flying again. Golightly stepped down Thursday as Boeing’s senior vice president … Read more

CAA keeping LA, NYC and Nashville offices closed until 2021

CAA keeping LA, NYC and Nashville offices closed until 2021

High-profile Hollywood agency CAA, which represents the likes of Brad Pitt, George Clooney and Nicole Kidman, is delaying the reopening of its biggest US offices until 2021 as US coronavirus cases continue to rise. The talent agency told staffers via email late Wednesday that it will be keeping its LA headquarters in Century City closed, … Read more