Ford Motor Company’s CEO, Jim Farley, shared that his son has chosen to become a mechanic instead of attending college. This decision has ignited a wider conversation on the significance of blue-collar jobs in what Farley terms “the essential economy.”Farley led a panel discussion with experts, including the CEOs of AT&T Inc. and FedEx Corporation on the current state of the blue-collar economy. During this discussion, Farley brought up his son’s choice to be a mechanic, thereby questioning the need for a c ...

Core Points - DoorDash has completed the acquisition of Deliveroo, enhancing its position as a global leader in local commerce [1][3] - The acquisition was finalized following court sanction and is expected to benefit both companies by leveraging DoorDash's scale and resources [2][3] Company Overview - DoorDash is a leading global local commerce platform founded in 2013, operating in over 30 countries and focusing on technology and logistics to drive economic vitality [4] - Deliveroo, also founded in 2013, partners with approximately 176,000 restaurants and retailers, serving around 7 million monthly active consumers in 2024 [5][6]

Group 1: United Parcel Service (UPS) - United Parcel Service's stock price has seen a sell-off due to post-COVID market normalization, but it is expected to rebound strongly in Q4 2025 as economic data suggests the impact of tariffs has been less than anticipated [2][4] - The dividend yield for UPS is substantial at 7.78%, with a payout ratio of 85% of the 2025 earnings outlook, supported by a strong balance sheet and growth expectations resuming in 2026 [3][4] - Analysts have a consensus forecast indicating a 30% upside for UPS, with institutional investors returning to buying as the stock hits multiyear lows, suggesting the market is near its bottom [4] Group 2: Verizon Communications (VZ) - Verizon is well-positioned to benefit from the AI boom, with increased mobile demand driven by 5G and IoT applications, which are expected to flourish [6][7] - The dividend yield for Verizon is approximately 6.25%, with a payout ratio of 57% of the earnings outlook, backed by a healthy balance sheet, leading to increased support from analysts and institutional investors [7][8] - Analysts' coverage for Verizon is rising, with a consensus forecast indicating a 10% upside, and the high-end target suggesting a potential 15% increase [8] Group 3: Pfizer (PFE) - Pfizer's stock price is influenced by its recent acquisition of Metsera, which positions the company to introduce a GLP inhibitor candidate by 2028-2029, improving its outlook [10][11] - The dividend yield for Pfizer is 6.32%, with a payout ratio of approximately 50% of the earnings outlook, and the company has increased its dividend for 14 consecutive years, positioning it for potential inclusion in the Dividend Aristocrat Index by 2036 [11][12] - Analysts currently rate Pfizer as a Hold, but there is an increasing number of Buy ratings, with a potential for an 18% increase at the consensus price target, indicating a possible market reversal [12]

Core Insights - Uber Technologies, Inc. has formed a new partnership with Designer Brands Inc. to enhance its retail offerings through Uber Eats [1] Group 1: Partnership and Offerings - The partnership allows customers to order DSW footwear, accessories, and seasonal items via Uber Eats, with options for on-demand or planned delivery [2] - The product range includes popular brands such as Steve Madden, Adidas, Blundstone, and Goodr, catering to all age groups [2] - Some orders can be delivered within one hour, providing access to nearly 500 stores across the United States [2] Group 2: Membership Benefits - Members of Uber One can enjoy $0 delivery on eligible purchases, enhancing the value proposition for frequent users [3] - This initiative expands Uber Eats' retail offerings beyond traditional categories like household, fashion, beauty, and personal care [3] - Customers can track their orders in real-time through the Uber Eats app, improving the overall user experience [3]

Core Insights - The company is focusing on the Greater Phoenix area for its delivery service, aiming to reach approximately 1.5 million customers by the end of the year [1] - The design of the delivery robot, named DOT, is centered around three key pillars: product-market fit, cargo capacity, and speed for efficient deliveries [2][3] - DOT can carry up to 30 pounds and is designed to operate on bike lanes, roads, and sidewalks, allowing for close proximity to merchants during deliveries [3][4] Delivery Strategy - The company has announced an Autonomous Delivery Platform (ADP) that integrates various delivery modalities, including robots like DOT and drones, to meet the growing demand for delivery services [5][6] - The delivery landscape has evolved significantly over the past five years, expanding from primarily restaurant deliveries to include groceries, household items, and electronics [7] Manufacturing and Technology - The manufacturing process for DOT is still under discussion, with an emphasis on U.S.-made technology developed in DoorDash Labs [8][9] - DOT is a fully autonomous system capable of navigating various environments, including pedestrian areas and obstacles like cars, ensuring safe delivery to doorsteps [10]

Serve Robotics Inc. (NASDAQ:SERV) announced on Tuesday that it has launched its autonomous sidewalk delivery service in the Chicago metropolitan area, marking its first move into the U.S. Midwest. The expansion builds on deployments in Los Angeles, Miami, Dallas, Fort Worth and Atlanta through the company’s partnership with Uber Eats, the food delivery arm of Uber Technologies Inc. (NYSE:UBER). Beginning Tuesday, Serve Robotics said its sidewalk robots will begin operating in 14 Chicago neighbourhoods, in ...

Core Insights - DoorDash has introduced a new delivery robot named Dot, which is powered by its Autonomous Delivery Platform aimed at enhancing local commerce [1] Company Developments - The launch of Dot signifies DoorDash's commitment to leveraging technology for improving delivery efficiency and expanding its service offerings [1] - Dot is designed to operate autonomously, which could potentially reduce delivery times and costs for the company [1] Industry Impact - The introduction of autonomous delivery robots like Dot may reshape the logistics and delivery landscape, providing a competitive edge in the rapidly evolving e-commerce sector [1] - This innovation aligns with broader trends in the industry towards automation and efficiency, reflecting a shift in consumer expectations for faster and more reliable delivery services [1]

Sep 30, 2025 9:03 AM Eastern Daylight Time Dash Forward 2025: Delivering The Future of Local Commerce Share From Going Out to Kroger grocery expansion and autonomous innovation, DoorDash unveils new ways to shop, save, explore, and earn at scale Dash Forward 2025: Delivering The Future of Local Commerce SAN FRANCISCO--(BUSINESS WIRE)--At DoorDash, our mission has always been to grow and empower local economies. DoorDash and Wolt have facilitated over 10 billion consumer orders, driven over $230 billion in s ...

Financial Data and Key Metrics Changes - FedEx achieved structural cost reductions of $4 billion over the FY23 base, with $1.8 billion in FY24 and $2.2 billion in FY25 [13] - The company returned approximately $4.3 billion to shareholders in FY25 [13] Business Line Data and Key Metrics Changes - The company operated as "One FedEx" for the first time in FY25, indicating a unified operational approach [13] Market Data and Key Metrics Changes - FedEx secured over 3 million gallons of blended sustainable aviation fuel, marking the largest SAF purchase by a U.S. cargo airline at Los Angeles International Airport as of May 2025 [16] Company Strategy and Development Direction - FedEx is focused on achieving carbon neutrality in its operations and supporting the low-carbon transition in the transportation and logistics industry [16] - The company emphasizes vehicle electrification, sustainable energy for facilities, and a more fuel-efficient fleet [16] Management's Comments on Operating Environment and Future Outlook - The CEO highlighted the company's commitment to delivering exceptional service and exceeding customer expectations, which is crucial for expanding into new markets [13] - The legacy of the founder, Frederick W. Smith, was acknowledged, emphasizing the company's long-term vision and commitment to excellence [12] Other Important Information - The stockholder proposal for an independent board chairman was not approved [11] Q&A Session Summary Question: What has been done to improve emission reduction of FedEx aircraft since the 2024 annual meeting? - FedEx is implementing long-term actions and interim goals for carbon neutrality, focusing on vehicle electrification, sustainable energy, and sustainable aviation fuel [16] Question: What new aircraft will FedEx take delivery of between now and the 2026 annual meeting? - For information regarding planned future aircraft deliveries, stakeholders are directed to the Investor Relations website [17]

J Studios/DigitalVision via Getty Images Listen below or on the go on Apple Podcasts and Spotify Gold climbs to record on weaker dollar, government shutdown fears. (00:25) SEC's Atkins is fast-tracking Trump's proposal to end quarterly reporting. (01:18) Boeing (BA), machinists union to resume talks with federal mediator. (02:25) This is an abridged transcript. Gold (XAUUSD:CUR) hit a new record. This morning it is above $3,800 an ounce, boosted by a weaker dollar as traders weigh the risk of a poten ...