Thursday’s business headlines
INDIANAPOLIS (WISH) — Take a look at Thursday’s business headlines with Jane King.
Report: Indiana 17th best in financial literacy
Indiana isn’t too shabby when it comes to financial literacy. Wallethub ranks the state 17th best.
Breaking it down, Indiana ranked 7th best at financial knowledge and education.
Spotify to raise prices as it expands
Spotify will raise prices as it looks to expand. Bloomberg reports the music streamer will increase prices by about $1 to $2. In the U.S., the price hikes will happen later this year.
Spotify isn’t profitable but it hopes with the price increase that it can make money.
Cybersecurity experts urge AT&T to change passwords
Cybersecurity experts are urging AT&T customers to ramp up their security measures, such as changing their passwords. This follows a data breach that impacted 73 million current and former accounts.
Uber Eats to start using self-driving cars
Uber Eats customers may receive orders delivered by one of Waymo’s self-driving cars for the first time in the Phoenix metropolitan area.
An Uber spokesperson told CNBC that the list of service areas is growing, and more restaurants will be eligible for autonomous deliveries in the coming weeks.
The autonomous vehicle parks as close as it can to the delivery destination and the person placing the order can pick it up.
Stock update
Disney shares fell 3 percent after it defeated activist shareholder Nelson Peltz in a fight for influence in the entertainment giant’s boardroom.
Mcdonald’s has increased prices 100% in the past decade
Mcdonald’s has increased prices by 100% in the past decade-more than any other fast food chain.
Popeye and Taco Bell both hiked prices by at least 80%.
Finance buzz says prices at the restaurants studied grew at nearly double the national rate of inflation.