Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion
Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion,…More
Browsing: Economy
Netflix says its ad tier now has 94 million monthly active users
Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an…More
‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots
Bombas founder David Heath is stepping down from his role as CEO as the socks…More
Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an…More
American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise…More
5 new Uber features you should know — including a way to avoid surge pricing
Uber is giving commuters new ways to travel and cut costs on frequent rides. The ride-hailing…More
YouTube will stream NFL Week 1 game in Brazil for free
YouTube will stream the National Football League’s Week 1 game on Sept. 5 for free, the…More
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook
Krispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is “reassessing”…More
McDonald’s announces plan to hire 375,000 employees this summer
McDonald’s announced a plan to hire 375,000 employees across the U.S. this summer. The plan,…More
Father and son fraudsters sentenced in case of $100 million New Jersey deli
CAMDEN, N.J. — The father and son duo behind a stock fraud scheme involving the…More