Business news in brief
By The Associated Press
Instacart partners with Uber Eats to offer restaurant deliveries
Instacart is partnering with Uber Eats to offer restaurant deliveries to its customers. The San Francisco-based grocery delivery company said Tuesday that its U.S. shoppers will see a “Restaurants” tab in the company’s app in the coming weeks.
Restaurant orders will be delivered by Uber Eats drivers.
Instacart said its Instacart Plus members, who pay $99 per year or $9.99 per month for free grocery deliveries, will also get free restaurant delivery if their order is over $35. Regular Instacart members will be charged Uber Eats delivery fees.
The companies said the deal will expand Uber Eats’ reach into the suburban neighborhoods where Instacart is most heavily used.
Disney’s streaming business
turns a profit
The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. Theme parks also continued to do well and the company boosted its outlook for the year.
While Disney said Tuesday that it foresees its overall streaming business softening in the current quarter due to its platform in India, Disney+Hotstar, it expects its combined streaming businesses to be profitable in the fourth quarter and to be a meaningful future growth driver for the company, with further improvements in profitability in fiscal 2025.
U.S. seeks information from Tesla on Autopilot recall
DETROIT | Federal safety investigators want Tesla to tell them how it developed the fix in a recall of more than 2 million vehicles with the company’s Autopilot partially automated driving system.
Investigators with the U.S. National Highway Traffic Safety Administration have concerns about whether the recall remedy worked because Tesla has reported 20 crashes since it was issued in December.
In a letter to Tesla, investigators wrote that they could not find a difference between warnings to the driver to pay attention before the recall and after the recall fix was sent out in an online software update.
—From AP reports
