business news in context, analysis with attitude

•  From Bloomberg:

"Applications for US unemployment benefits fell by the most since 2021 after fraudulent claims in at least one state boosted the numbers in previous weeks.

"Initial unemployment claims fell by 22,000 to 242,000 in the week ended May 13, Labor Department data showed Thursday. On an unadjusted basis, claims decreased by the most in two months, to 215,810, largely due to a drop in Massachusetts.

"Some economists have been wary about drawing strong conclusions from the data amid reports that fraudulent claims have been behind the recent upward trend in filings."


•  Fox Business reports that "Wendy’s fast-food customers may soon get their food delivered by underground robots, to help speed up the handoff from the restaurant to those who order from their phones.

"The fast-food chain announced a new partnership with Pipedream, a company that developed an underground autonomous robot system that can be used to deliver digital food orders from the kitchen to parking spaces within seconds … Wendy’s will be the first quick-service restaurant to pilot Pipedream’s technology, which the tech company says is designed to make digital order pick-up fast, dependable and invisible."

Wendy's envisions the Pipeline system as looking like this:

(From Wendy's)