Business News

Uber is Losing U.S. Market Share

Vancouver-based Papa Murphy's Pizza has hired former Dunkin' Brands executive Weldon Spangler as its new CEO. He brings 30 years of experience with companies like Starbucks and YUM, serving most recently as senior vice president for Canton, Mass.-based Dunkin' Brands Group, where he oversaw the Baskin Robbins ice cream brand in the U.S., Canada and Puerto Rico. (PBJ)

Uber is losing U.S. market share, dropping from 84% at the start of 2017 to 77% at the end of May. Meanwhile, smaller ride-hailing rival Lyft is gaining ground. (FT)

Hasbro's is making a big bet on board games. The toy company is launching a subscription service that will send a new board game to consumers every three months. It costs $49.99/quarter. Sales of children's games rose 27%     this year; family strategy games, such as Uno, are up 56% in 2017. Hasbro stock is up more than 43% this year. (CNBC)

Charitable giving in the U.S. topped $390 billion in 2016, up nearly 3% according to the Giving USA Foundation.

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.

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