Lamar Jackson with the winners of the 2025 NTL Kickoff Race. Courtesy: National Thoroughbred League Baltimore Ravens quarterback Lamar Jackson has a singular goal both on the football field and as owner of the Maryland Colts horse racing franchise in the National Thoroughbred League. “I just want to win a championship,” Jackson told CNBC. “I […]
A customer exits a Cava restaurant in New York City on June 22, 2023. Brendan McDermid | Reuters 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 cut back on dining. The Mediterranean chain said its same-store sales grew 10.8% in
People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty Images Price increases are coming soon to a Walmart near you. On Thursday, Walmart CFO John David Rainey warned investors that even the retail giant known for its discounts will have to raise the
Walmart says it will hike some prices due to tariffs. Here’s what may cost more Read More »
Dick’s Sporting Goods said Thursday it plans to acquire rival Foot Locker as it looks to expand its international presence, win over a new set of consumers and corner the Nike sneaker market. Under the terms of the agreement, Dick’s will use a combination of cash-on-hand and new debt to acquire Foot Locker for $2.4
Ever since the epic run on housing in the first years of the pandemic, fueled by record-low mortgage rates, the market has been plagued by low supply and high prices. Prices in March were 39% higher nationally than they were in March 2019, pre-pandemic, according to the S&P CoreLogic Case-Shiller Index. While prices continue to
Walmart on Thursday fell just short of quarterly sales estimates, as even the world’s largest retailer said it would feel the pinch of higher tariffs. Even so, the Arkansas-based discounter stuck by its full-year forecast, which calls for sales to grow 3% to 4% and adjusted earnings of $2.50 to $2.60 per share for the
Bombas founder David Heath is stepping down from his role as CEO as the socks and T-shirt company looks to expand beyond its direct-to-consumer roots. Bombas President Jason LaRose, a former Under Armour and Equinox executive, will take over as the company’s next CEO effective Thursday. Heath said he realized it was necessary for a
Alexis Ohanian, Principal Owner, Angel City Football Club & Los Angeles Golf Club, looks on during a conversation with Olympic sprinter Gabby Thomas during the Business of Women Sport Summit presented by Deep Blue Sports and Axios at Chelsea Factory on April 23, 2024 in New York City. Elsa | Getty Images Reddit co-founder Alexis
Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team Read More »
The logo for consumer lending firm Capital One Financial Corp. is seen on its headquarters in McLean, Virginia, on Jan. 20. 2023. Win Mcnamee | Getty Images News | Getty Images New York Attorney General Letitia James sued Capital One on Wednesday, accusing the bank of “cheating” customers out of millions of Dollars in interest
New York AG sues Capital One after Trump-led CFPB drops similar case Read More »
Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20 million since its last public tally in November. The company and its peers have been increasingly leaning on advertising to boost the profitability of their streaming products. Netflix first introduced the ad-supported plan in
Netflix says its ad tier now has 94 million monthly active users Read More »
