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Simon?Drops $3.6B Mall Deal, Sues Taubman Centers

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In a complaint filed with the Oakland County Circuit Court in Pontiac, Michigan, Indiana-based Simon Property Group said it is suing Taubman Centers for violating terms of the deal. By midday, Taubman’s stock was down by nearly 22 percent at $35.42 after closing at $45.25 on Tuesday (June 9), according to Yahoo Finance. “The

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Coronavirus Puts B2B Payment Timing In A Tailspin

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With many businesses lacking the capital to pay their outstanding invoices, "cash-strapped companies will have to switch up their collections playbook to survive," he said. million is being sought by one supplier of furniture retailer Loves Furniture & Mattresses , The Oakland Press reported.

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Changes Loom Around The (Crowded) World Of Food Delivery

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The startup, located in Oakland, California, aims to facilitate food deliveries for nearby restaurants that receive high volumes of orders from delivery companies like Uber Eats. When it comes to true delivery — not dine-in — the rise of the connected home and voice-assisted retail is encouraging further growth as well.

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Wish They All Could Be California Bots

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And as of last week, the list got a bit longer, as California made a few great leaps toward becoming the autonomous delivery capital of the country, with two big pilots by brand-name firms scheduled for the cities and suburbs. And then there is Oakland-based Boxbot, founded by ex-Uber and Tesla engineers and backed by Toyota AI Ventures.