Starbucks’ Chinese nemesis surges 20% in public debut

Starbucks’ Chinese nemesis surges 20% in public debut

Shares of Luckin Coffee jumped 20% in its first day of trading on the Nasdaq stock market. After opening at $17.00, shares of the Chinese Starbucks competitor climbed as high as $25.96, or more than 50%, before settling back down to $20.38 at the market’s close. The company has a market cap north of $5…

Credder offers Rotten Tomatoes-style ratings for the news

Credder offers Rotten Tomatoes-style ratings for the news

In an age of online misinformation and clickbait, how do you know whether a publication is trustworthy? Startup Credder is trying to solve this problem with reviews from both journalists and regular readers. These reviews are then aggregated into an overall credibility score (or rather, scores, since the journalist and reader ratings are calculated separately). So…