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Meatpacking Plant Closures Cut Deep for Small-Town Economies
Tyson Foods and other meat processors are closing plants amid high costs and falling demand, spelling economic turbulence for the communities where the plants are
Meal-Kit Maker Blue Apron to Be Sold
The sale to food-delivery startup Wonder would end a disastrous six-year experiment with public ownership. Source link
Inside a Sales Army Turning a Tax Break Into a Modern-Day Gold Rush
Listen to article (2 minutes) An antiaging consultant in Florida. A technician in North Carolina. A semiretired broker. They’re all part of a vast sales
Big Manufacturers Try Crowdfunding to Market-Test Products
GE Appliances and others seek customer feedback and payment in advance to help validate a concept. Source link
EV Startup VinFast's Stock Rally Pushes Value Higher Than GM, Ford
Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly $86 billion market value. Source
Rising Money Flows, Fueled by Record Migration, Prop Up Autocrats
Remittances to the developing world hit record $647 billion, aiding the poor but helping keep strongmen from Nicaragua to Tajikistan in power African migrants recently sailed
Israeli AI Startup Vesttoo Sparks a Global Insurance Scandal
The Tel Aviv-based firm is embroiled in an alleged multibillion-dollar fraud involving faked letters of credit, and may fire its founders. Source link
Small-Business Lending Is About to Change, With Simpler Requirements
An SBA overhaul will make it easier for fintechs and other nonbank lenders to issue loans, prompting worries about defaults. Source link
Real-Estate Deal Gone Bad Hits Popular Crowd Funder
CrowdStreet raised $4 billion by promising big returns to small investors, but many deals were disappointing. Source link
Rental Cars Are the New Airbnb
Entrepreneurs are renting out fleets of cars through services including Turo and Getaround, or building their own websites. Source link