Hyper-Luxury Brands Woo 1% to Pace Car Sales Recovery -
The strength of auto sales in the wake of the financial crisis has been led by ultra-premium luxury brands, with registration for vehicles priced at more than $100,000 surging 154 percent in the past five years. Bloomberg’s Matt Miller reports on “In The Loop.” (Bloomberg, Feb 26)
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Uber to Buy Postmates for $2.65 Billion
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The ride-hailing company’s core business has struggled in the pandemic, and
it is betting on growth of its Uber Eats division.
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