Cheddar afternoon business update 12/1: Blue Apron, Amazon & Lyft

Posted: Updated:
EDISON -

Top afternoon business and technology headlines for Dec. 1.

  • Blue Apron co-founder Matt Salzburg is stepping down as CEO. The company’s stock recently lost 70 percent of its value.
  • Amazon is in talks with generic drug companies about taking a role in prescription drug purchasing.
  • Ride-sharing app Lyft saw its revenues triple in the first half of 2017. The company plans on expanding to Toronto, its first city outside the U.S.
  • BusinessMore>>

  • South Africa ruling party's fight for its future kicks off

    South Africa ruling party's fight for its future kicks off

    Saturday, December 16 2017 3:06 AM EST2017-12-16 08:06:17 GMT
    Sunday, December 17 2017 4:30 AM EST2017-12-17 09:30:27 GMT
    South Africa ruling party's fight for its future kicks off; delegates to elect Zuma successor.
    South Africa ruling party's fight for its future kicks off; delegates to elect Zuma successor.
  • Trump defends tax plan, proclaims economy set 'to rock'

    Trump defends tax plan, proclaims economy set 'to rock'

    Saturday, December 16 2017 3:15 AM EST2017-12-16 08:15:57 GMT
    Sunday, December 17 2017 4:29 AM EST2017-12-17 09:29:36 GMT
    Republicans working to execute their first major legislative achievement of Donald Trump's presidency appear to have secured the votes to pass a massive tax overhaul that Trump hoped to present to the American...
    Republicans working to execute their first major legislative achievement of Donald Trump's presidency appear to have secured the votes to pass a massive tax overhaul that Trump hoped to present to the American people for Christmas.
  • Major media players start commission for sexual misconduct

    Major media players start commission for sexual misconduct

    Friday, December 15 2017 11:35 PM EST2017-12-16 04:35:54 GMT
    Sunday, December 17 2017 3:21 AM EST2017-12-17 08:21:16 GMT
    Hollywood executives and other major players in entertainment have established a commission to be chaired by Anita Hill that intends to combat sexual misconduct and inequality across the industry.
    Hollywood executives and other major players in entertainment have established a commission to be chaired by Anita Hill that intends to combat sexual misconduct and inequality across the industry.
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