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Categories Business

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

May 16, 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

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

May 16, 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 16, 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

‘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

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

May 15, 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 15, 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

YouTube will stream NFL Week 1 game in Brazil for free

May 15, 2025

YouTube will stream the National Football League’s Week 1 game on Sept. 5 for free, the first time the dominant streaming platform has

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Categories Business

5 new Uber features you should know — including a way to avoid surge pricing

May 15, 2025

Uber is giving commuters new ways to travel and cut costs on frequent rides. The ride-hailing company on Wednesday announced a route share feature

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Categories Business

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

May 14, 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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Categories Business

Fintech company Chime files for Nasdaq IPO

May 14, 2025

Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker

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