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Autonomous Delivery Startup Nuro Nets $500M In Funding On $5B Valuation

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Rowe Price Associates, with participation from new investors, including Fidelity Management & Research Company and Baillie Gifford. That vehicle also made headlines for being the first one to drive on public roads in three different states: California, Texas and Arizona. The round was led by funds and accounts advised by T.

Houston 249
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Neiman Marcus Emerges From Chapter 11

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He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm.

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Einride Presses The Pedal On Autonomous Delivery

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The company works in partnership with fleet managers to deploy those vehicles, or sells them outright, and has clients such as supermarket chain Lidl. the grocery retailer, and Nuro, the SoftBank -backed robotics company, announced in March the launch of their autonomous grocery delivery service in Houston. Grocery Battleground.

Houston 116
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State Governments Deliver Mixed Messages On Reopening Retail

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As the week plays out, inconsistent direction and confusion have been standard with New York, Texas, California and Hawaii getting criticized by retailers big and small. Northern California. State governments are dropping the ball on retail reopenings. We are not telling locals that feel it’s too soon, too fast, to modify.

Retail 141
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Inside Chipotle’s Decade Of Digital-First Ordering Innovation

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The company has partnered with autonomous technology firm Nuro with plans to put driverless delivery vehicles to work in Houston, Texas, by the end of 2019. The company will deploy delivery-focused kitchen management solutions from ConnectSmart to more than 900 locations in these two global markets.

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Kicking The ‘Virtual’ Tires To Spur Car Sales As COVID-19 Hits Automakers

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Separately, the newswire noted, Cox Automotive estimated that sales in states with strict travel or “stay at home” restrictions, such as California and New York, have seen sales decline by as much as 90 percent. Power managing director, consumer lending and automotive finance.

Houston 141
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How QSRs Bring Mobile And Digital Payments To The Table

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The Los Angeles, California startup said in a press release at the time that it had raised the capital via a Series C round of funding, with Catalyst Investors and 3L Capital participating. ChowNow also said that 3L Capital Co-founder and Managing Director Shawn Colo would join the company’s board.

Mobile 179