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Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal
Posted inInvesting

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the…
May 17, 2025
Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
Posted inInvesting

Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth

Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the…
May 17, 2025
Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
Posted inInvesting

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…
May 16, 2025
‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots
Posted inInvesting

‘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…
May 16, 2025
5 new Uber features you should know — including a way to avoid surge pricing
Posted inInvesting

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…
May 15, 2025
American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
Posted inInvesting

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…
May 15, 2025
Fintech company Chime files for Nasdaq IPO
Posted inInvesting

Fintech company Chime files for Nasdaq IPO

Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The…
May 14, 2025
Microsoft to cut 3% of its workforce
Posted inInvesting

Microsoft to cut 3% of its workforce

Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and…
May 14, 2025
Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround
Posted inInvesting

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

As struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation.  The company is expanding the…
May 13, 2025
Fox streaming service to be called Fox One, launch before NFL season
Posted inInvesting

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

Fox Corp. will launch its direct-to-consumer streaming service, to be called Fox One, ahead of the…
May 13, 2025

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