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.
Alzheimer’s mainly affects the elderly, who are eligible for Medicare, but people under 65 — even, rarely, as young as their 30s — also can get diagnosed. They are more likely to have commercial coverage.
The Margot Robbie-led and produced film from Warner Bros. surpassed $500 million in North America overall, a week after it crossed the $1 billion mark globally — a record for a female director.
FTX founder Sam Bankman-Fried was sent to jail Friday to await trial after a bail hearing for the fallen cryptocurrency wiz left a judge convinced that he had repeatedly tried to influence witnesses against him.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. On the list this week: ESPN, Disney, WeWork, Campbell Soup, Tapestry and Capri Holdings.
