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Disruptors need sound business models too

Blue Apron is a company that claims to have “reimagined the traditional grocery business model.” Its recent disappointing initial public offering makes you wonder if investors are losing faith in such ‘reimaginings.’ Perhaps not, but it’s time to ask ourselves whether even some of Silicon Valley’s most vaunted attempts to rethink traditional business processes are sound, and what kind of ...

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European stocks bounce as oil rises; dollar gains

Bloomberg European stocks started the week on a firm footing, rising for the first time in five days as oil and metal gains spurred energy companies and miners. The dollar strengthened against all of its G-10 peers. Banks also rallied as the Stoxx Europe 600 Index advanced. Crude climbed for an eighth day running, the longest winning streak this year, ...

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China stocks retreat as financial shares lead large caps lower

Bloomberg China’s large-cap stocks fell for a second day as a technical indicator signaled recent gains were overdone. Insurance companies led the retreat. The SSE 50 Index of some of China’s largest companies dropped 0.6 percent at the close. New China Life Insurance Co. slid the most in two weeks to lead insurers lower, while Kweichow Moutai Co. fell the ...

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