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Investing

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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Investing

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…
Investing

‘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…
Investing

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…
Investing

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…
Investing

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…
Investing

Microsoft to cut 3% of its workforce

May 14, 2025
Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes…
Investing

Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround

May 13, 2025
As struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation.  The company is expanding the number of retail stores served by its…
Investing

Fox streaming service to be called Fox One, launch before NFL season

May 13, 2025
Fox Corp. will launch its direct-to-consumer streaming service, to be called Fox One, ahead of the National Football League season later this year….
Investing

Fortnite applies to launch on Apple’s App Store after Epic Games court win

May 12, 2025
Epic Games said on Friday that it submitted Fortnite to Apple’s App Store, the month after a judge ruled in favor of the game maker in…
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