Cheddar Morning News Briefing - SPOTIFY

Cheddar Morning Spotify News Briefings of January 25th

Hello everyone. This is your daily tech and business briefing from Cheddar news, Shopify, making adjustments to their fulfillment network. This will help merchants on the platform better compete with the big retailers. The adjustment led to shares the Canadian aecom worse company to rebound after what has been a rough year so far, their stock has fallen over 30% this month alone. Meanwhile, General Motors going to launch an algorithm based auto insurance plan for some U. S. States, the plan would charge policyholders based on their driving performance and it would be available by the end of the first quarter. That GM's OnStar subsidiary has asked for regulatory approval in three states with its insurance partner american family and ford halting orders for its new Maverick pickup truck. This is, it struggles to fill a backlog. The automaker going to resume taking orders for a 2023 model later this summer. The truck has an affordable $20,000 price tag and was in high demand prior to the halt. It comes amid a time that the average price of new vehicles reached over $40,000 last year. That's a 13% jump from the year prior and also a new record and that's your chatter news business and tech update. I'm baker machado coming to you from cheddar studios in lower Manhattan. Want more news check out Cheddars needs to know podcast on Spotify