Numbers You Need to Know for January 9, 2019
With the Consumer Electronics Show in full swing and plenty of other business news happening around the world, we won't waste any time getting you into today's Numbers You Need to Know:
The percentage decrease in sodium in the new Impossible Burger 2.0 ($IMPOSSIBLEFOODS-2), which debuted at the CES in Las Vegas. Originally getting criticism for not being gluten-free and having a bit too much sodium and fat for those looking for a meat alternative, the "New New Impossible Burger" is made with soy protein instead of whey protein. Impossible Foods has about $400 million in total funding from investors.
The amount of deposit money Sears ($NASDAQ:SHLD) will need from former CEO and current Chairman Eddie Lampert if he wants to bid for its assets. According to multiple media reports, Sears rejected an 11th hour bid of $4.4 billion from him while they were in bankruptcy. An auction for Sears' assets will be held on January 14 and, if it falls through, then it'll end the 133-year run of the former department store retail giant.
The estimated number of New York City residents that will now have health insurance after Mayor Bill de Blasio's new program, NYC Cares, is rolled out. The plan is to increase the city's public health insurance option, MetroPlus, and guaranteeing that anyone ineligible health insurance (i.e. undocumented immigrants) have access to NYC Health + Hospitals' physicians, pharmacies, and mental health and substance abuse services. No word or analysis yet on how this will affect private health insurance companies who insure millions of New York City residents.