NEW YORK (AP) — Meal-kit delivery company Blue Apron priced the shares it’s selling in its initial public offering at the low end of its expected range, a sign that it might be having trouble attracting investors.
The New York company said that the 30 million shares in its IPO would be priced at $10 per share. Blue Apron initially forecast pricing shares in the offering between $15 and $17 a piece, but then dropped the predicted range to $10 to $11.
WASHINGTON (AP) — Republican donors paid $35,000 apiece to hear familiar a message from President Donald Trump: The media, particularly CNN, keep trying to take him down, and yet Republicans just keep on winning elections. He noted with pride that his party had won four special elections this year.
The president was whisked a few blocks from the White House to the Trump International Hotel, his name-branded Washington venue, for an evening of hobnobbing behind closed doors Wednesday with major party financiers, including Las Vegas casino mogul Steve Wynn.
WASHINGTON (AP) — Senate Republicans’ struggle to pass a health care bill is jeopardizing another one of President Donald Trump’s top priorities: overhauling America’s tax system.
A day after Senate Majority Leader Mitch McConnell, R-Ky., delayed a vote on a bill to scrap much of Democrat Barack Obama’s health law, questions lingered about whether congressional Republicans could pass big, complicated pieces of legislation.
BRUSSELS (AP) — The European Union says economic sentiment across the 19-country eurozone has risen to near-decade highs as the recovery gathers steam across sectors and nations.
In a monthly survey published Thursday, the EU’s executive arm says its economic sentiment indicator for the eurozone rose 1.9 points to 111.1 in June, its highest level since August 2007.
The rise was broad-based across sectors, including industry, and among consumers. Sentiment was particularly strong in Germany and France, the eurozone’s powerhouse economies.
WASHINGTON (AP) — Congressional Republicans are stymied over health care. But after seven years of promising to repeal and replace former President Barack Obama’s law, they risk political disaster if they don’t deliver.
Republicans anticipate a major backlash from GOP voters if they don’t make good on the promises that swept them to control of the House and Senate and helped propel Donald Trump to the White House in last year’s elections.
WASHINGTON (AP) — The superheated argument over the Republican drive to overhaul health care has not been the finest moment for accuracy.
Here’s a sampling of claims from both sides as Senate Republicans struggle to revive their stalled legislation:
PRESIDENT DONALD TRUMP: “Democrats purposely misstated Medicaid under new Senate bill – actually goes up.” — tweet Wednesday
KELLYANNE CONWAY, White House senior adviser: “These are not cuts to Medicaid, George. This slows the rate for the future and it allows governors more flexibility with Medicaid dollars because they’re closest to the people in need.” — Sunday on ABC’s “This Week”
COPENHAGEN, Denmark (AP) — Swedish low-cost fashion brand Hennes & Mauritz AB says second quarter sales increased by 10 percent to 59.5 billion kronor ($7 billion) mainly because of its continued expansion and tight control on costs.
Its net profit for the three-month period rose by 10 percent to 7.7 billion kronor.
CEO Karl-Johan Persson says online sales developed “very well” while the group’s other brands — COS, & Other Stories, Monki, Weekday and H&M Home — “remained very strong, both in stores and online.”
THE HAGUE, Netherlands (AP) — The widows of four activists executed 22 years ago in Nigeria are launching a civil action in the Netherlands, alleging complicity by oil giant Shell in their husbands’ deaths, human rights organization Amnesty International said Thursday.
Amnesty said that Esther Kiobel is bringing the civil case at a court in The Hague along with Victoria Bera, Blessing Eawo and Charity Levula. The women are seeking a public apology and compensation.
BERLIN (AP) — Europe is “more determined than ever” to make the Paris climate accord a success, German Chancellor Angela Merkel said Thursday, and insisted that the deal is not negotiable while predicting difficult talks on the issue at next week’s Group of 20 summit.
Merkel also said she hopes for a “clear signal” in favor of free markets and the multilateral trading system from the July 7-8 meeting in Hamburg, arguing anew that protectionism can’t solve the world’s problems.
LAGONISSI, Greece (AP) — Greek Finance Minister Euclid Tsakalotos said Thursday that his country will return to markets with or without the support of the European Central Bank’s bond-buying program.
Tsakalotos said qualifying for the ECB’s quantitative easing program, which has helped keep a lid on the market rates of the other 18 euro countries, would have a largely “symbolic” effect. Greece has been excluded from the program partly because the ECB wants more information about potential debt relief measures for the country.
LONDON (AP) — Britain’s culture secretary will rule Thursday on whether Twenty-First Century Fox can take full control of the Sky pay television and broadband network in an 11.7 billion pound ($15.2 billion) deal critics say would give Rupert Murdoch too much power in U.K. media.
Murdoch’s media group is trying to buy the 61 percent of Sky it doesn’t already own, giving Twenty-First Century Fox easy access to Sky’s 22 million customers in the U.K., Ireland, Austria, Germany and Italy.
WASHINGTON (AP) — Senate Majority Leader Mitch McConnell is exploring options for salvaging the battered Republican health care bill, even as he confronts an expanding chorus of GOP detractors.
That is deepening the uncertainty over whether the party can resuscitate its promise to repeal President Barack Obama’s overhaul.
A day after McConnell, short of votes, unexpectedly abandoned plans to whisk the measure through his chamber this week, fresh GOP critics popped forward. Some senators emerged from a party lunch saying potential amendments were beyond cosmetic, with changes to Medicaid and Obama’s consumer-friendly insurance coverage requirements among the items in play.
BERLIN (AP) — The Latest on the lead-up to the G-20 summit in Hamburg (all times local):
Germany’s foreign minister says Turkish President Recep Tayyip Erdogan has asked permission to hold a rally to address Turks in Germany on the sidelines of the upcoming G-20 meeting in Hamburg, a request that could further inflame tensions between Berlin and Ankara.
The dpa news agency reported Thursday that Sigmar Gabriel said, while on a trip to Russia, that Turkey had officially requested permission for Erdogan to make the appearance while in Germany for the July 7-8 summit. It wasn’t clear whether permission would be granted.
COPENHAGEN, Denmark (AP) — Danish shipping giant A.P. Moller-Maersk, one of the global companies hardest hit by a malicious software that froze computers around the globe, said Thursday that most of its terminals are now operational, though some remain crippled.
The Copenhagen-based company said that some terminals are “operating slower than usual or with limited functionality.” Problems have been reported across the shippers’ global business, from Mobile, Alabama, to Mumbai in India.
TOKYO (AP) — Western Digital Corp. lashed back against its joint venture partner Toshiba on Thursday in a deepening feud over the Japanese company’s plan to sell its computer memory business.
In response to Toshiba’s announcement a day earlier that it was suing Western Digital, seeking 120 billion yen ($1.1 billion) in damages, Western Digital said Toshiba’s complaints over its objections to the sale of the memory unit and accusations of misuse of trade secrets were “frivolous and without merit” and would hurt customers and stakeholders.