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

    by admin May 16, 2025
    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…

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  • Business

    Netflix says its ad tier now has 94 million monthly active users

    by admin May 16, 2025
    May 16, 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…

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  • Business

    American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

    by admin May 15, 2025
    May 15, 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…

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  • Business

    UnitedHealth CEO suddenly steps down for ‘personal reasons’

    by admin May 14, 2025
    May 14, 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…

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  • Business

    Father and son fraudsters sentenced in case of $100 million New Jersey deli

    by admin May 14, 2025
    May 14, 2025

    CAMDEN, N.J. — The father and son duo behind a stock fraud scheme involving the infamous $100 million New Jersey deli were sentenced…

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  • Business

    McDonald’s announces plan to hire 375,000 employees this summer

    by admin May 14, 2025
    May 14, 2025

    McDonald’s announced a plan to hire 375,000 employees across the U.S. this summer. The plan, announced on Monday, is one of the fast-food…

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  • Business

    Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround

    by admin May 14, 2025
    May 14, 2025

    As struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation.  The company is expanding the number of retail stores served by its micro-fulfillment…

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  • Business

    Fintech company Chime files for Nasdaq IPO

    by admin May 14, 2025
    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…

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  • Business

    Microsoft to cut 3% of its workforce

    by admin May 14, 2025
    May 14, 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…

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  • Business

    Fox streaming service to be called Fox One, launch before NFL season

    by admin May 13, 2025
    May 13, 2025

    Fox Corp. will launch its direct-to-consumer streaming service, to be called Fox One, ahead of the National Football League season later this year. Fox…

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