Demystifying ghost kitchens during the pandemic
fortune.com

Good morning, Term Sheet readers. Tech writer Danielle Abril here, filling in for Lucinda. I’ve been keeping an eye on the mysterious ghost kitchen. Ghost kitchens, or commissary kitchens that are geared toward delivery, first crossed my path when I heard that former Uber CEO Travis Kalanick had been quietly working on a new venture […]

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Verizon enters the rural home Internet market with 4G wireless
fortune.com

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. Verizon announced a modest entry into the rural home Internet market with a service using its 4G LTE wireless network in three areas. The service is available starting on Thursday in Savannah, Ga., Springfield, […]

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England had highest COVID-19 death rate in Europe, data confirms
fortune.com

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. The U.K.’s statistics agency has confirmed that England was hit harder by COVID-19 than any other European country in the first half of this year, even adjusting for population size and other factors. Confronted […]

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Chinese Tesla rival Xpeng Motors in talks over $300 million funding ahead of U.S. IPO, sources say
www.cnbc.com

Xpeng Motors, one of Tesla's rivals in China, is in talks to raise around $300 million in funding ahead of an initial public offering (IPO) in the U.S., two sources familiar with the matter told CNBC.

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Shares of Caterpillar rise after the Dow component reports better-than-expected results
www.cnbc.com

Caterpillar said cost reduction and prioritized spending helped it offset a $1.4 billion decline in dealer inventories.

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Pharma giant Merck raises 2020 outlook, saying the worst of the coronavirus impact is behind it
www.cnbc.com

Sales of Merck's blockbuster cancer drug Keytruda helped offset an 8% decline in revenue to $10.87 billion during the second quarter.

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IFC Films had never played in drive-ins before the pandemic, now it's a box-office champ
www.cnbc.com

IFC's unconventional shift has kept the company in business and not far behind its box-office sales from last year.

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Ellen, Just Apologize Already
feedproxy.google.com

Her silence isn’t good for her business, and wouldn’t be for yours either.

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Telegram Is the Latest Company to File An EU Antitrust Complaint Against Apple
feedproxy.google.com

Big-time app developers are piling on to fight against the app store.

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