Avis and Alphabet will team up on self-driving cars — and Avis shares are soaring

Alphabet and Avis Budget will work together on self-driving cars, the companies announced on Monday. Alphabet’s self-driving car company, Waymo, will rely on Avis to service and store its fleet of Chrysler self-driving vans, the companies said in a statement....

Snap shares may be unable to stay above IPO price as big insider selling looms

Snap shares could fall below its IPO price in coming weeks, if historical trends hold true. Shares of the Snapchat parent closed Monday 29 cents above the stock’s initial public offering price of $17 a share. The move comes about a month before many insiders who...