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Rani Molla

Last month more than one in five job posts on LinkedIn were for remote (8.4%) or hybrid (13.5%) work, according to new data shared with Sherwood by LinkedIn as part of their ongoing State of the Labor Market reports. That percentage has been relatively stable since November 2023 (flexible jobs peaked at one in four jobs from October 2022-March 2023). Meanwhile, remote postings received 42% of all applications, with hybrid picking up 19.5% of interested applicants.

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$12.5B 🛍️

Uber’s relying less on pad thai from 0.8 miles away. The company expects gross bookings (what customers spend) of non-restaurant deliveries to grow to $12.5 billion by the end of the year, according to reporting by Bloomberg.

The new forecast marks a 25% boost from the $10 billion estimate Uber shared in May for the delivery of groceries and items from retail partners like Best Buy.

Through the first half of the year, Uber's total delivery gross bookings climbed to more than $42 billion, up about 18% year-over-year. That nearly matches the gross bookings of its ride-hailing business in the same period.

NikeSKIMS

Nike, trying to break out of its funk, launches its high-stakes collab with Kim Kardashian’s Skims

The partnership champions women athletes and tests how far Kim K’s star power can stretch in the women’s activewear arena.

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