A shakeup for Blue Apron (APRN). The meal kit maker’s co-founder Matthew Salzberg is stepping down as CEO. He’ll be replaced by current CFO Brian Dickerson. Blue Apron has been struggling ever since its disappointing IPO earlier this year and as it tries to hold on to customers in an increasingly competitive environment.
Bayer’s $63.5B buyout of Monsanto (MON) just cleared another hurdle. The Committee on Foreign Investment in the United States says the German drugmaker’s planned takeover of the Missouri based agriculture company does not pose any national security concerns. Bayer and Monsanto says they’ll continue to cooperate with authorities to complete the buyout by early next year.
Apple (AAPL) wants to juice up iPad sales. There’s talk the tech titan might slash the price of its next generation iPad by $70, according to a Digitimes report. Apple is said to be targeting price-conscience consumers after declining sales of the tablet.
Biting into a bar of gold has never been so sweet. Hershey (HSY) is launching its new Gold Bar today— the first new candy for the company in 22 years. The Gold Bar is a mix of caramelized cream, salty peanut and pretzel bits. The launch is to celebrate Hershey’s sponsorship of the 2018 Olympic Games in South Korea.