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62 posts
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‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots

  • May 16, 2025
Bombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to expand beyond its direct-to-consumer roots. Bombas President Jason LaRose, a…
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Netflix says its ad tier now has 94 million monthly active users

  • May 15, 2025
Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20 million since its last public tally in November. The company and its…
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Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion

  • May 15, 2025
Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders…
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YouTube will stream NFL Week 1 game in Brazil for free

  • May 15, 2025
YouTube will stream the National Football League’s Week 1 game on Sept. 5 for free, the first time the dominant streaming platform has ever broadcast a live NFL game in its…
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5 new Uber features you should know — including a way to avoid surge pricing

  • May 15, 2025
Uber is giving commuters new ways to travel and cut costs on frequent rides. The ride-hailing company on Wednesday announced a route share feature on its platform, prepaid ride passes and…
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American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

  • May 14, 2025
American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it contends with slow sales, steep discounting and an…
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Fintech company Chime files for Nasdaq IPO

  • May 14, 2025
Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol “CHYM.” “Chime is a technology company, not…
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Father and son fraudsters sentenced in case of $100 million New Jersey deli

  • May 13, 2025
CAMDEN, N.J. — The father and son duo behind a stock fraud scheme involving the infamous $100 million New Jersey deli were sentenced to several months in prison Tuesday. Peter…
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UnitedHealth CEO suddenly steps down for ‘personal reasons’

  • May 13, 2025
UnitedHealth Group announced a new chief executive Tuesday, a sudden and surprising change following the fatal shooting in December of its UnitedHealthcare subsidiary’s leader. Andrew Witty stepped down from leading UnitedHealth for unspecified…
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Microsoft to cut 3% of its workforce

  • May 13, 2025
Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes necessary to best position the company for success…
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    Popular Topics
    • Musk feud presents ‘unprecedented’ dynamic compared to past Trump disputes: expert
    • Video of man carrying suspicious bundle after his employee’s death fuels femicide outrage in Mexico
    • Snub of Musk’s NASA nominee ally preceded sudden ‘big, beautiful bill’ criticism, Trump feud
    • Supreme Court rules DOGE can access Social Security information
    • US sanctions money laundering network aiding Iran as regime faces nuclear reprimand at IAEA
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