Grubhub recently announced their $1 million dollar fund for social good causes. The first initiative is being called "RestaurantHer" and is aimed at helping promote women and female-led restaurants in an uneven industry.
Jessica Burns is Grubhub's Senior Director of Brand Marketing. She joins Cheddar to explain why supporting female chefs and female restauranteurs is so important. In the U.S., only 19% of chefs are female, and females make up only 7% of head chefs.
Grubhub has partnered with Women Chefs & Restaurateurs (WCR) to build resources that support women and keep kitchen workspaces safe for them.
Grubhub is also building out a map of restaurants across America that are run by women so Grubhub consumers can support those restaurants.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
