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Categories Business

Levi Strauss to sell Dockers to brand management firm Authentic Brands Group

May 21, 2025

Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday.  Under the terms

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Categories Business

Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion

May 21, 2025

BEIJING — One Chinese baby products company announced Tuesday it is officially entering the United States, the world’s largest consumer market —

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Categories Business

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

May 18, 2025

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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Categories Business

Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation

May 17, 2025

Nvidia 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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Categories Business

Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

May 17, 2025

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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Categories Business

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

May 17, 2025

Cava 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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Categories Business

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

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

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Categories Business

Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion

May 16, 2025

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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Categories Business

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

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

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Categories Business

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

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

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