House Democrats contend the $15 per hour minimum wage bill will lift workers who have not seen the benefits of a strong economy.Politicsread more
Microsoft beat on top and bottom lines but Azure growth slowed.Technologyread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Stocks rose after comments from a top Fed official led to bets that the central bank will ease monetary policy more aggressively.US Marketsread more
The Philadelphia Fed saw its primary gauge measuring the sector jump from 0.3 in June to 21.8, far better than Wall Street estimates of 5 and the highest in a year.Economyread more
"It's better to take preventative measures than to wait for disaster to unfold," Williams told the annual meeting of the Central Bank Research Association.The Fedread more
The fact that interest rates are relatively low makes the idea of a so-called insurance rate cut later this month an attractive option for the Fed.Market Insiderread more
Video of the event does not show the president disagreeing with his supporters. Instead, it shows that Trump paused as the chant began, allowing his supporters to continue...Politicsread more
President Trump said he's looking at the JEDI Contract that will be awarded to Microsoft or Amazon.Technologyread more
Business advocacy organizations sharply criticized the House of Representatives for passing a bill to raise the minimum wage to $15, saying it would be a costly job killer.Politicsread more
Wealthy clients liquidate some investments every year to cover their tax bill, so presumably this was higher than what Morgan Stanley has seen previously.Financeread more
Your next pizza may be just a few swipes away.
Starting Monday, Domino's Pizza customers can place orders straight from their Pebble and Android Wear smartwatches. They will also be able to track orders on Android watches, joining Pebble owners who could track them since late last year.
This marks the latest move to boost digital ordering at Domino's.
"We really think of ourselves in a lot of ways as a tech company—we're almost an e-commerce company that sells pizza," said Dennis Maloney, vice president of multimedia marketing at Domino's, in a phone interview.
To use the service, customers must have a Domino's app on their smartwatch along with a saved or recent order on their profile.
Digital orders are vitally important for Domino's because they result in higher checkouts and customer satisfaction.
"Digital orders are more profitable and get a better product mix," said Maloney, adding that customers are able to see a wider selection of available products than when they merely call up their local Domino's to order.
To date, no major restaurant chain has launched its own platform for smartwatch ordering, said Aaron Allen, global restaurant consultant with Aaron Allen & Associates, in a phone interview.
"That could be one of the next boom areas of develop and a big opportunity for restaurants to jump on," said Allen, adding that it has the potential to be "a multibillion-dollar segment."
Restaurant technology applications are growing quickly as more companies launch online and mobile ordering and payment options.
"One thing you can never do too much of in business in general is to make it too easy to buy from you," Allen said.
Perhaps no segment has seen a bigger boost in digital ordering than the pizza players. Indeed, half of Domino's sales now occur via digital, with half of that from mobile.
Domino's Maloney declined to share what future tech innovations the chain had up its sleeve, but did allude to more things in the pipeline.
"We are determined we are going to be the leaders in the space," he said. "There is more to come in this area."