Blue Apron Stock Hits Record Low with Weight Watchers Announcement
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.
Canadian pipeline operator Enbridge is planning to purchase three gas distribution companies from Dominion Energy for $9.4 billion in cash and assume $4.6 billion in debt.
United Airlines said Tuesday it repaired a technology glitch that had forced it to halt departures nationwide, briefly crippling one of the nation's biggest carriers on a busy travel day.