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…
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Investing
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Investing
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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Investing
Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation
by adminNvidia said it won’t be sending graphics processing unit plans to China following a report that the artificial intelligence chipmaker is working on a research…
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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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Investing
‘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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Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20 million since its…
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Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear…
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Investing
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.…
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CAMDEN, N.J. — The father and son duo behind a stock fraud scheme involving the infamous $100 million New Jersey deli were…