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

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

Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the…
May 22, 2025
Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation
Posted inBusiness

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

Nvidia said it won’t be sending graphics processing unit plans to China following a report that…
May 22, 2025
Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal
Posted inBusiness

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the…
May 22, 2025
‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots
Posted inBusiness

‘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…
May 21, 2025
Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
Posted inBusiness

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…
May 21, 2025
Netflix says its ad tier now has 94 million monthly active users
Posted inBusiness

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

Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an…
May 18, 2025
5 new Uber features you should know — including a way to avoid surge pricing
Posted inBusiness

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…
May 17, 2025
Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion
Posted inBusiness

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,…
May 17, 2025
YouTube will stream NFL Week 1 game in Brazil for free
Posted inBusiness

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…
May 17, 2025
Father and son fraudsters sentenced in case of $100 million New Jersey deli
Posted inBusiness

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…
May 16, 2025

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