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 »
HBO became HBO Max, and then it became Max. Now, it will be HBO Max once more. Warner Bros. Discovery is renaming its streaming platform again starting this summer, restoring a name it ditched just two years ago. The company announced the rebranding Wednesday during its upfront presentation in New York. The change comes as
Jason and Travis Kelce with Dunkin Donuts on the New Heights podcast. Courtesy: Wondery Amazon’s second-ever Upfronts pitch to advertisers this week featured an appearance by NFL champion brothers Jason and Travis Kelce. They weren’t there to hype live football rights. While Amazon’s Prime owns the media rights to the NFL’s Thursday Night Football games
Video podcasts are having a moment at media upfronts Read More »
A customer enters an American Eagle store on April 4, 2025 in Miami, Florida. Joe Raedle | Getty Images American Eagle on Tuesday said it’s writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it contends with slow sales, steep discounting and an uncertain economy. The apparel retailer said
Patrick Mahomes #15 of the Kansas City Chiefs throws a pass in the first quarter against the Philadelphia Eagles during Super Bowl LIX at Caesars Superdome on February 09, 2025 in New Orleans, Louisiana. Gregory Shamus | Getty Images Sport | Getty Images YouTube will stream the NFL’s week one game on Sept. 5 for
YouTube will stream NFL Week 1 game in Brazil for free Read More »
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines announced on Tuesday that it will offer new premium options for its travelers, including an extra-legroom seating option and a two free checked bags policy for
Spirit Airlines introduces extra legroom seats, other perks, in push for premium Read More »
DETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a $250 million stock offering. Hertz shares were off more than 20% during early morning trading before leveling to be off about 15% to 18% toward the end of the company’s Tuesday morning quarterly earnings
