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Biden meets with bank CEOs, Google’s new eco-friendly feature, Walmart teams up with Home Depot for delivery

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Yahoo Finance's Julie Hyman breaks down Wednesday’s business headlines.

Video Transcript

JULIE HYMAN: Big bank CEOs and others are heading to DC today for a White House meeting over the pending debt ceiling deadline and the potential consequences of failing to lift it. The two gentlemen you see there are going to be there. President Biden reportedly invited Bank of America Chief Brian Moynihan and JPMorgan's Jamie Dimon, who will attend alongside virtual and in-person participants like Treasury Secretary Janet Yellen and Intel CEO Pat Gelsinger. Dimon has said he would support legislation to get rid of the debt ceiling altogether.

Google is introducing new features for its search map and home products that give consumers more information on energy-efficient and eco-friendly options. For example, starting today, Google Maps will default to the most gas-efficient route, provided it's the same distance as other routes. Carbon emissions will be displayed alongside flight searches. And energy efficient choices will come up for appliance shoppers.

And Walmart has scored its first retail client for its new delivery business, dubbed Go Local. Home Depot has hired Walmart to deliver purchases to customers. The last mile deliveries are made by gig workers who use Walmart Spark Driver platform. The two companies did not disclose terms, but interesting move here, Brian Sozzi, that Walmart's you know now in the last mile delivery business.

BRIAN SOZZI: Yeah, everybody wants to make some money. I do find that Google Map thing pretty interesting, Julie. Hopefully, they don't have you driving halfway around town to find cheaper gas prices while you're burning more gas and polluting the environment.