Food trucks in the U.S. have taken many forms, but have long been a popular option for dining. Now as the coronavirus pandemic alters the way we interact and engage with others, these kitchens on wheels may have a new function, especially on college campuses.
Rod Keller, CEO of the electric vehicle manufacturer AYRO is jumping at the opportunity to capitalize on the niche industry in a partnership with Gallery Carts. The new collaboration will combine AYRO's expertise in developing electric vehicles with Gallery's expertise in creating food delivery vehicles.
"Colleges are faced with, 'Well how do we provide food and beverage while at the same time, avoiding the mass crowds that you would typically see inside of a cafeteria?'" Keller told Cheddar.
So far, more than $500,000 has been poured into the collaboration as orders for the vehicles continue to amass. Keller said he's confident that as universities and other large campuses seek safer ways to feed their communities amid the pandemic, the need for their services will grow.
AYRO is also banking on buyers in higher education considering the long-term savings electric vehicles can provide. Keller said its electric vehicles save fleet operators at least 50 percent on fuel and energy costs.
"When people are moving cargo from one side of a university to another, or business campus, or hotel and resort, you don't need a full-sized truck with 400 miles of range running on gasoline to do that," Keller said.
This month, those who view current inflation as transitory can chalk up a modest win but inflation might be broadening beyond specific categories like used cars.
Your palm could soon be your ticket into a concert. Amazon says it is bringing its palm-recognition technology to the Red Rocks Amphitheatre in Denver and it will be available at other venues in the coming months.
Massachusetts’ governor has activated the state’s National Guard to help with busing students to school as districts across the country struggle to hire enough drivers.
Amazon is looking to offer an average starting wage of more than $18 per hour to fill some transportation and fulfillment roles, with some of the positions receiving up to $22.50 hourly.
Stocks went back to falling on Wall Street Tuesday after a blip higher the day before, giving the S&P 500 its sixth loss in the last seven trading days.
If you want to dine indoors, go to a gym or attend an event at an entertainment venue in New York, you'll need to show proof that you have had at least one dose of a COVID-19 vaccine.
"The business has gone down at least 35 to 40 percent, and we expect it to go down a little more," said Pedro Zamora, owner of Cantina Rooftop in Manhattan. "But on the other hand, I feel good to do that because it's the way to end the pandemic, and I urge everyone if you aren't vaccinated to get vaccinated as soon as possible because it's only for the good of our community."
Invitae CEO Sean George joins Cheddar News' Closing Bell to discuss the company's acquisition of Ciitizen for $325 million, and how its patient data platform will provide even better results for both patients and their doctors. Invitae works to aggregate results from the world's genetic tests into a single, easy-to-use service, and Ciitizen's global data platform will help Invitae become a health technology and software leader.
The CEO of Salesforce said the company will help employees leave Texas, and he did so while retweeting a story linking the offer to concern about Texas’ new anti-abortion law.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Bitcoin officially became legal tender in El Salvador on Tuesday despite international skepticism and pushback. Measuring the success of that experiment requires looking at one of the main indicators in El Salvador's economy: remittances.
