ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | Paul Davidson | Economics and Jobs Reporter
| | | | | The entrance to a Walgreens in Boston. Michael Dwyer |
Happy Almost July 4th! It's Paul Davidson bringing you the top headlines for The Daily Money. |
Walgreens is closing 150 stores in the U.S. as the fading pandemic reduces demand for its products and services. |
The company didn't announce which locations will be shuttered but said the closings will occur before next May, the end of its fiscal year. Three hundred Walgreens outlets in the United Kingdom are also shutting down. |
Contributing to the decision was an 83% drop in demand for COVID-19 vaccinations and a sharp decline in COVID testing, the company said. |
DoorDash drivers can get paid by the hour |
From now on, time is money for many DoorDash drivers. |
Starting next month, the popular food delivery service will offer drivers the option of getting paid by the hour. Currently, they're paid per delivery. |
Drivers can get a guaranteed hourly minimum rate based on the time that elapses from the moment they accept an offer until it's dropped off. They can also choose to continue earning per gig, or delivery. |
The hourly minimum rate is set by the city in which the driver lives. |
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The U.S. National Highway Traffic Safety Administration issued several recalls that included Ford, Lincoln and Porsche vehicles. |
Ford is recalling 14,452 of its 2019-2020 Fusion Plug-in hybrid electric vehicles because the battery energy control module may be damaged by excessive voltage and current flow. That can cause a loss of drive power or a fire and lead to a crash or injury. |
Ford is also recalling 366 of its 2023 Lincoln Nautilus vehicles because the rear shock absorbers may have been manufactured incorrectly. That can damage several parts and increase the risk of a crash. |
And Porsche is recalling 700 of its 2022-2023 911 GT3 Touring vehicles due to a software error in the rear spoiler control unit that may cause two sets of brake lights to go on at the same time and confuse other drivers. |
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. | | | | Is UPS, USPS, FedEx delivering on July 4th? Are banks open or closed? Here's what to know about what's closed on 4th of July 2023. | | | | If you're looking to buy groceries for a barbecue or spend your day off shopping, here's what's open on July 4th. | | | | Wrangler added laminated glass, insulating foam and other goodies to reduce noise inside the cabin by a whopping 5 decibels. | | | | Apple is shutting down the photo uploading feature 'My Photo Stream' in July. Here's how to make sure your photos aren't lost. | | | | Consumption of heavy metals in the developmental stage has been shown to increase the risk of developmental and health problems. | | | | U.S. officials aren't even denying the problem with passport processing times or predicting when it will ease. | | | | Blue light glasses or 'computer glasses' are marketed as critical for people staring at screens all day. How effective are they, really? | | | | Channel Islands National Park is only a boat ride away the Los Angeles area, but visitors will feel like they're a world away. | | | | The flight originally took off from Baltimore but made an emergency landing in Columbus due to "an apparent pressurization issue." | | | | Wireless carriers can start 5G signals at 50 busy airports. Most planes are updated for 5G-airplane interference, but Delta has 190 needing updates. | | | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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