Meal kit commerce is having a rough time in late 2018, at least judging by recent news from Blue Apron, which is laying off employees as the company loses customers and struggles with lower average order values. Those problems reflect the industry’s general challenge of...
In stock market news, the rally that started the week and a new quarter had a bifurcated effect. The Dow Jones Industrial Average hit a new high intraday, up more than 180 points and backing off a bit to a 129 point gain. The gulf...
Financial stocks declined in trading on Thursday (Jan. 5), taking a break from a run-up ever since Donald Trump won the U.S. election, after the 10-year yield fell seven basis points to 2.37 percent. According to a report in Seeking Alpha, the 10-year yield was...
Worldpay, the United Kingdom-based payments processor, said that, in the wake of its debut on the public markets last year, its underlying transaction growth clocked in at 14 percent, to more than 13 billion. The company also said in its earnings release, detailing the first...
November 14, 2018
Meal kit commerce is having a rough time in late 2018, at least judging by recent news from Blue Apron, which is laying off employees as the company loses customers and struggles with lower average order values. Those problems reflect the industry’s general challenge of keeping hold of customers, even as companies involved in the […]
August 03, 2023
Freelancer marketplace Upwork said it saw its client companies using the platform more, with a 2% increase year over year in gross service volume (GSV) per active client, according to its shareholder letter released with its earnings report Wednesday (Aug. 2). The GSV spend grew to $4,987 as of June 30, per the report. Active […]
July 04, 2017
In stock market news, the rally that started the week and a new quarter had a bifurcated effect. The Dow Jones Industrial Average hit a new high intraday, up more...
January 06, 2017
Financial stocks declined in trading on Thursday (Jan. 5), taking a break from a run-up ever since Donald Trump won the U.S. election, after the 10-year yield fell seven basis...
August 24, 2015
Uber Technologies is on pace to log $10.8 billion in global bookings this year, up three times over last year’s tally, and could reach $26 billion in 2016. Reuters reported...
