Instacart parent Maplebear has board approval for $500 million in share repurchases, the company said. Instacart stock jumped.
The United States encourages China to attend a planned summit on Ukraine this month in Switzerland, a U.S. State Department spokesperson told reporters on Thursday, with China thus far saying it will stay away as Russia had not been invited. Kyiv says more than 100 countries have accepted its invitation to the summit to discuss provisions of a peace plan outlined by President Volodymyr Zelenskiy to end the full-scale Russian invasion that began in February 2022. Russia, with whom China has close ties, has not been invited to participate in the June 15-16 meeting.
The community, intended to house homeless veterans, broke ground on construction in 2022, but officials say issues with the site led to cost overruns.