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CEO says Lyft will put more autonomous vehicles on the streets this year as it tries to keep up with Uber against a shaky ride-hailing and delivery backdrop.
Ford Motor’s 2026 outlook gave Wall Street hope for the carmaker and trumped mixed quarterly earnings.
Cheryl McKissick Daniel, chair of the board of McKissick and McKissick and author of the recently published book The Black Family Who Built America, joined Bloomberg Businessweek Daily to discuss the economy, her family-run construction business, which dates back more than 120 years, and the current economic environment for large-scale construction. (Source: Bloomberg)
Zillow Group Inc. forecast first-quarter profit that falls short of analyst estimates as the home-search site balances legal costs from ongoing litigation and expenses from the company’s partnership with Redfin.
US retail sales unexpectedly stalled in December, suggesting consumers provided less firepower for the economy as the year drew to a close. The disappointing figures indicate the burst of activity at the start of the holiday-shopping season proved to be short-lived. Households remain frustrated over a high cost of living and worried about the job market. Elizabeth Renter, Senior Economist at NerdWallet, joined Bloomberg Businessweek Daily on Tuesday’s retail sales print from December and Wednesday’s nonfarm payrolls report for January. (Source: Bloomberg)
“I spoke to the president this morning. Regarding the bridge, the situation is going to be resolved,” Carney told reporters in Ottawa, without giving further details.