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DoorDash set new records for total orders and revenue in the second quarter as its grocery and convenience deliveries accelerated and it improved driver efficiency DoorDash set new records for total orders and revenue in the second quarter as its grocery and convenience deliveries accelerated and it improved driver efficiency. The San Francisco-based delivery company said its total orders rose 25% to 532 million for the April-June period. That was ahead of Wall Street’s forecast of 521 million, according to analysts polled by FactSet. Revenue rose 33% to $2.1 billion, which was in line with analysts’ forecasts. DoorDash raised its full-year forecast Wednesday. The company said it now expects gross order values between $64.2 billion and $65.2 billion for the year, up from the $63 billion to $64.5 billion it forecast previously. DoorDash expects adjusted pretax earnings between $750 million and $1.05 billion, up from a range of $600 million-$900 million. DoorDash Chief Financial Off...

India’s IndiGo airline is buying 500 passenger jets from European planemaker Airbus PARIS -- India's IndiGo airline is buying 500 passenger jets from European planemaker Airbus, the two companies said Monday, in a record-setting order that underscores surging demand for air travel fueled by the country's economic growth. IndiGo, India's dominant carrier, is buying the A320 aircraft in what the companies said was the single biggest purchase agreement in commercial aviation history. Executives from both companies announced the deal on the opening day of the Paris Air Show, the world’s largest event focusing on aviation and space industry. They didn't disclose how much the order was worth, but it would likely amount to tens of billions of dollars. The purchase highlights how the two companies are “democratizing affordable air travel for millions of people in the world’s fastest growing aviation market,” Airbus Chief Commercial Officer Christian Scherer said in a statem...

Russian troops and security forces quashed an alleged cross-border raid from Ukraine in what appeared to be one of the most serious cross-border attacks since the war began KYIV, Ukraine -- Russia's military said Tuesday it quashed what appeared to be one of the most serious cross-border attacks from Ukraine since the war began, claiming to have killed more than 70 attackers in a battle that lasted around 24 hours. Moscow blamed the raid that began Monday on Ukrainian military saboteurs. Kyiv portrayed it as an uprising against the Kremlin by Russian partisans. It was impossible to reconcile the two versions, to say with certainty who was behind the attack or to ascertain its aims. The battle — which took place in southwest Russia's Belgorod region, about 80 kilometers (45 miles) north of the city of Kharkiv, in eastern Ukraine — was a fresh reminder of how Russia itself remains vulnerable to attack, along with Russian-occupied regions of Ukraine. The region is a Russian milit...

Virginia Gov. Glenn Youngkin has banned the use of several Chinese-owned apps including TikTok and WeChat on state government devices and wireless networks RICHMOND, Va. -- Virginia Gov. Glenn Youngkin banned the use of several Chinese-owned apps, including TikTok and WeChat, on state government devices and wireless networks on Friday, calling them a threat to national security. Youngkin’s executive order covers apps developed by ByteDance and Tencent. Business es who contract with Virginia must also prohibit their use on state -owned devices or IT infrastructure. “TikTok and WeChat data are a channel to the Chinese Communist Party, and their continued presence represents a threat to national security, the intelligence community, and the personal privacy of every single American,” Youngkin, a Republican, said in a statement. “We are taking this step today to secure state government devices and wireless networks from the threat of infiltration and ensure that we safeguard the data and...