US Lawmakers Ask FTC To Examine Tipping Practices On Instacart And Other Delivery Platforms

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US Lawmakers Ask FTC To Examine Tipping Practices On Instacart And Other Delivery Platforms

After reports that eCommerce delivery platforms are allowing consumers to “tip bait,” four U.S. senators are asking the Federal Trade Commission (FTC) to look at “potentially unfair and misleading” tipping practices on Instacart as well as other services.
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US oil futures up 88% in May, biggest monthly rise on record

U.S. oil futures reversed course to finish higher Friday, getting a boost as traders eyed developments in the U.S. relationship with China, and as another drop in U.S. oil rigs suggested further domestic production declines. Oil prices soared after a spokesman …
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Powell: Fed to soon begin 'challenging' Main Street lending

WASHINGTON — Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program that will lend to companies other than banks for the first time since the Great Depression.
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Fed's corporate bond facility bought 15 ETFs in first days of operations

(Reuters) – The Federal Reserve’s new facility for corporate bond purchases bought about $1.3 billion of shares in 15 exchange-traded funds in its first week of operation through 158 trades, data released Friday showed. The Secondary Market Corporate …
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Ravn is fighting to keep flying, but a French bank is pushing to sell off the company's planes

Alaska’s largest rural airline is scrambling to find a buyer that can keep the company intact as it emerges from bankruptcy, rather than seeing its planes sold off piecemeal through a liquidation process. RavnAir Group flew to more than 100 Alaska communities …
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