Companies

The window is closing on Blue Apron’s IPO. The do-it-yourself meal-kit delivery service is going public tomorrow. Today they cut the initial price target for their shares by about a third. That puts the company’s valuation below the estimated $2.2 billion valuation in their last round of private venture capital funding. There are no inside […]

Monsanto’s earning reports beat expectations today. The agricultural giant has enjoyed solid growth over the first half of the year, with operating earnings up more than 50 percent year on year. The company’s planned acquisition by German agricultural giant Bayer is also on investors’ minds.  Click the audio player above to hear the full story.

The rise of ride-sharing apps has been tough for old-school rental car agencies. Who wants to pay for a car and parking when a couple of rides might be cheaper? But this week some rental car companies are getting a boost from partnerships with tech firms. Google’s Waymo announced a deal with Avis Budget Group […]

Activist investor Daniel Loeb announced over the weekend that his hedge fund, Third Point, has taken a $3.5 billion stake in the Swiss food conglomerate Nestle, and he wants some changes at the company. That may sound like a lot of money, but the investment represents just over a 1 percent stake in the company. […]

In yet another branded White House initiative, it’s Energy Week. President Trump will be focused on American “energy dominance,” and touting the boom in U.S. fossil fuels and plans to support and increase energy exports. A ban on exporting U.S. oil and gas was lifted under the Obama administration. Energy companies may appreciate less oversight and more […]

South Carolina’s political elite turned out today to celebrate an expansion of BMW’s facility in the Palmetto State. It’s now BMW’s largest in the world. At the event, Sen. Lindsey Graham had this to say on Twitter: “to those who fear globalization, embrace it b/c it’s not going away…if you want to see the good […]