The Uber IPO in Two Words: Womp Womp

The Uber IPO in Two Words: Womp Womp

Uber had its IPO today—May 10, 2019—but it turned out to be kind of a bummer for the company. It priced its shares at $45 for its IPO, but it began trading on the New York Stock Exchange at $42 per share. Three dollars per share doesn’t sound like a lot, but when you...
Marriott Tries New Airbnb-Style Strategy

Marriott Tries New Airbnb-Style Strategy

Throughout the last decade, there’s been an undeniable trend in the hospitality industry: people are increasingly turning away from traditional hotel accommodations and instead using home-sharing platforms like Airbnb to find a place to stay. For tech startups and...
Bed Bath & Beyond Adjusting to New Retail Climate

Bed Bath & Beyond Adjusting to New Retail Climate

By and large, the 21st century has not been kind to brick-and-mortar retailers. As e-commerce giants like Amazon continually make it easier and cheaper for consumers to buy products online, traditional stores that once dominated their industries are being pushed out....
Boeing Tries to Regain the Trust of Airlines and Pilots

Boeing Tries to Regain the Trust of Airlines and Pilots

It’s been a nightmarish year for Boeing, as the aerospace giant has weathered the effects of two catastrophic plane crashes that combined to kill hundreds of innocent people. Serious questions have been asked about the reliability of Boeing’s planes, and justifiably,...
Is It Time for Tesla to Move On Without Musk?

Is It Time for Tesla to Move On Without Musk?

For as long as the electric car company Tesla has been in business, its name has been synonymous with the name of its founder and longtime CEO, Elon Musk. Tesla is Musk; Musk is Tesla. The two have always been intertwined. But with uncertainty about Musk’s leadership...