How a college dropout grew Whole Foods into the company Amazon is buying for $13.7 billion

Its stock price fell by more than half and activist investors like Jana Partners began to assert ownership rights, much to the dismay of co-founder and co-CEO John Mackey, the only original founder still with the company. Though he admitted the company had changes to...

The last Obamacare insurer in Iowa and Nebraska intends to stay on the exchanges

Minneapolis-based Medica tells CNBC it intends to offer Obamacare health plans in both Nebraska and Iowa in 2018, two states where it stands to be the only insurer on the exchanges after Aetna and other carriers announced plans to pull out of those markets. “We...

Amazon-Whole Foods threat wipes out $40 billion in market value from other companies

Amazon is spending $13.7 billion to buy Whole Foods, but its damage to the stock market has already been in the tens of billions. Just among the biggest losers in the retail and food categories in the S&P 500, the market cap destruction for just 20 stocks was more...