The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Market bull Jeff Saut told CNBC on Tuesday that the lows are in and the market is headed "much higher."Marketsread more
Urban Outfitters reported earnings and same-store sales for the second quarter that beat analyst expectations, while revenue fell short.Retailread more
President Donald Trump believes he has quite the bargaining chip with the European Union.Marketsread more
Some Apple employees have become disillusioned with the group's culture, where some have thrived while others feel sidelined.Technologyread more
President Donald Trump renewed calls Tuesday to readmit Russia to the G7 ahead of the group's summit in Biarritz, France, this weekend.Politicsread more
Biden has shown staying power at the top of a jammed Democratic field even as polling numbers for Sanders, Warren and Harris wax and wane.2020 Electionsread more
The FDIC on Tuesday votes to approve a five-agency revision of the post-crisis regulation known as the Volcker Rule.Financeread more
The yield curve is the only economic indicator pointing to a recession, according to Credit Suisse.Marketsread more
Amid fears of a recession, Domino's Pizza CEO Ritch Allison said Tuesday that the U.S. consumer is still strong.Restaurantsread more
Amazon bought grocery chain Whole Foods, and now it wants to work with more restaurants as it moves further into the food industry.
The internet giant has partnered with Olo, a New York-based food delivery service, to list Olo's clients on the Amazon Restaurants food delivery section of Amazon.com.
GrubHub, a rival Chicago-based restaurant takeout service, saw its shares fall more than 6 percent on the news, before regaining some ground to a drop of nearly 2 percent.
"Amazon's obsession with providing great customer and restaurant experience supports the evolving expectations and behaviors of today's consumer," said Noah Glass, CEO of Olo, about the deal.
Amazon Restaurants has integrated into Rails, Olo's application programming interface, which allows for restaurants to list their menus on third-party marketplaces.
Through the integration, Olo's restaurant partners will be featured on Amazon Restaurants, enabling orders through the delivery provider to go directly through a point-of-sale system.
The goal of this partnership is to simplify the process for restaurants once customers' orders come in, while also allowing for companies to limit the amount of orders that they take during peak hours, Olo said in a press release.
"This integration will enable Amazon Restaurants to onboard new restaurants with ease, as well as quickly add more new choices and delivery options for customers," added Gus Lopez, general manager of Amazon Restaurants.
"We are excited to leverage Olo's digital ordering technology and continue rapidly growing our network of restaurants to give Amazon Prime members more options for fast delivery from their favorite brands," Lopez said.
GrubHub shares have been on a tear this year, up more than 35 percent in 2017. Last month, Yelp announced it was selling Eat24, its online food-ordering business, to GrubHub. The brands Seamless and MenuPages are also owned by GrubHub.
The race is on to get food delivered from popular restaurants to customers, and more quickly than ever before.