Posted inEconomy
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,…
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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…
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‘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…
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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…
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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…
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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…
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Microsoft to cut 3% of its workforce
Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and…
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UnitedHealth CEO suddenly steps down for ‘personal reasons’
UnitedHealth Group announced a new chief executive Tuesday, a sudden and surprising change following the fatal shooting in…
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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…
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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,…