Blue Apron’s horrendous six weeks as a public company isn’t killing off the meal-kit market. Rival start-up Chef’d just raised $35.2 million, according to a filing this week with the SEC. Chef’d CEO Kyle Ransford confirmed exclusively to CNBC on Wednesday that pork producer Smithfield Foods invested $25 million. Additionally, Campbell Soup contributed $10 million […]
Read moreGeopolitical tensions involving North Korea are likely to weigh on investors’ minds on Thursday, although some market watchers suggested tensions had ratcheted down. Demand for safe haven assets edged up overnight in response to President Donald Trump’s Tuesday warning of “fire and fury” if North Korea continued to make threats against the U.S. The hermit […]
Read moreIn a blog post on Wednesday, Facebook revealed that it will soon offer users a new way to watch videos on its social network called Watch. Facebook had been rumored to be getting into TV-like shows for months now, but Watch looks more like YouTube. It will let users discover videos outside of their own […]
Read moreSince the beginning of 2017, Jim Cramer has watched the stock of Boeing soar far above the rest of the Dow Jones Industrial average. “The aircraft maker is up more than 50 percent year to date, leaving the second-place performer, Apple, up 39 percent, not shabby, but in the dust,” the “Mad Money” host said, […]
Read moreThe Department of Defense would deploy B-1B bombers in a pre-emptive attack on North Korea if the commander-in-chief ordered such a strike, NBC News reported Wednesday, citing two current and two former senior military officials. The officials told NBC that the attack would originate from the Andersen Air Force Base in Guam. Multiple people told […]
Read moreSince the beginning of 2017, Jim Cramer has watched the stock of Boeing soar far above the rest of the Dow Jones Industrial average. “The aircraft maker is up more than 50 percent year to date, leaving the second-place performer, Apple, up 39 percent, not shabby, but in the dust,” the “Mad Money” host said. […]
Read moreWhen James Damore, a Google engineer, was fired this week for writing a 10-page manifesto spelling out his grievances with the company’s progressive values and positing that biological differences explained the tech industry’s gender gap, it might have seemed like the end of a bizarre, short-lived morality tale. But for the alt-right, the battle was […]
Read moreThere is no doubt in Jim Cramer’s mind that companies across the market are targeting millennials, trying to steer the younger generation to become loyal to their products. “It’s amazing how powerful the millennials are. They’re impossible to get away from,” the “Mad Money” host said. “Honestly, if it weren’t for the fact that I […]
Read moreOpponents of a federal rule intended to protect investors might get some of what they want. In a court brief filed in a lawsuit in Minnesota today, the Labor Department said it has submitted to the Office of Management and Budget a proposal to delay implementing the remaining parts of its so-called fiduciary rule for […]
Read moreTesla is developing a long-haul, electric semi-truck that can drive itself and move in “platoons” that automatically follow a lead vehicle, and is getting closer to testing a prototype, according to an email discussion of potential road tests between the car company and the Nevada Department of Motor Vehicles (DMV), seen by Reuters. Meanwhile, California […]
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