Tag: business news
Bombas taps Jason LaRose as new CEO
Bombas Socks in store.Courtesy: BombasBombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to expan [...]
Walmart to increase some prices due to Trump tariffs
Price increases are coming soon to a Walmart near you.On Thursday, Walmart CFO John David Rainey warned investors that even the retail giant known for [...]
Dick’s Sporting Goods to acquire Foot Locker for $2.4 billion
Dick's Sporting Goods said Thursday it plans to acquire rival Foot Locker as it looks to expand its international presence, win over a new set of cons [...]
Walmart (WMT) Q1 2026 earnings
People shop at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty ImagesWalmart will report its quarterly earnings [...]
New York AG James sues Capital One after Trump’s CFPB drops claims
The logo for consumer lending firm Capital One Financial Corp. is seen on its headquarters in McLean, Virginia, on Jan. 20. 2023.Win Mcnamee | Getty I [...]
Reddit co-founder Alexis Ohanian takes stake in Chelsea FC Women
Alexis Ohanian, Principal Owner, Angel City Football Club & Los Angeles Golf Club, looks on during a conversation with Olympic sprinter Gabby Thom [...]
Hedge fund manager Einhorn sees upside for gold and inflation
A hot streak for gold helped fuel a strong start to the year for Greenlight Capital, and hedge fund manager David Einhorn said Wednesday he still sees [...]
Netflix ad tier has 94 million monthly active users
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 pub [...]
Video podcasts are the next big pitch
Jason and Travis Kelce with Dunkin Donuts on the New Heights podcast.Courtesy: WonderyAmazon's second-ever Upfronts pitch to advertisers this week fea [...]
WBD renaming Max as HBO Max
Scene from season 3 of White Lotus.Source: HBOHBO became HBO Max became Max. Now, it will be HBO Max once more. Warner Bros. Discovery is renaming its [...]
GM unveils new EV battery tech, aims to be first to market
General Motors battery technician Steven Petty Jr. focuses on aligning electrodes on an anode sample for a prototype LMR battery cell in the making. P [...]
American Eagle withdraws 2025 guidance, says Q1 worse than expected
A customer enters an American Eagle store on April 4, 2025 in Miami, Florida. Joe Raedle | Getty ImagesAmerican Eagle on Tuesday said it's writing off [...]
Spirit Airlines introduces extra legroom seats in push for premium
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 1 [...]
YouTube will stream NFL Week 1 game in Brazil for free
Patrick Mahomes #15 of the Kansas City Chiefs throws a pass in the first quarter against the Philadelphia Eagles during Super Bowl LIX at Caesars Supe [...]
Hertz shares plummet after weak Q1, $250 million stock offering
DETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a [...]