Zoe Henry, Reporter for Inc. Magazine, discusses Weight Watchers' announcement that it will offer a meal-kit service sold in grocery stores. Blue Apron stock closed down 16% Thursday on the news, hitting a record low. Henry talks what Blue Apron needs to do to stand out in the crowded space, adding that diversifying its options with more vegan offerings or other food trends could be a good differentiator.
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Trump Administration Shutters Consumer Protection Agency
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Almost a Decade After Overtaking Walmart in Market Value, Amazon Exceeds the Retail Giant in Q4 Reve
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Disney: The Happiest Place on Earth, or The Most Profitable Place on Earth?
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US Importers Stockpile Italian Prosecco as a Hedge Against Tariffs
U.S. businesses are stockpiling Prosecco as a hedge against possible tariffs.
Big Business This Week: Scrapped: The Businesses Banking on Tariffs
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2025 Super Bowl Ads That Are Delivering Full-Contact Hits
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This State is Hosting Super Bowl LIX and Meta's New $10B Data Center
Susan Bourgeois, Louisiana Economic Development Secretary, talks preparations for Super Bowl LIX, plus Meta’s $10B data center coming soon to North Louisiana.
