The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with…
Category:
Business
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Business
Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
by adminCava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have…
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Business
‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots
by adminBombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to expand beyond…
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Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable…
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Business
American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
by adminAmerican Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it…
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Uber is giving commuters new ways to travel and cut costs on frequent rides. The ride-hailing company on Wednesday announced a route share…
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Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker…
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Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes…
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Business
Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround
by adminAs 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…
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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.…