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Categories Business

Armenian organized crime rings charged with stealing $83 million in Amazon cargo

May 23, 2025

Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with stealing more than $83 million worth of

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Categories Business

A man once sued by the SEC wins Trump crypto contest to have dinner with the president

May 22, 2025

We now know who won the contest to attend an intimate dinner with President Donald Trump by buying his cryptocurrency — and he’s

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Categories Business

Fanatics will host a skills challenge between fans and celebrities, with $2 million on the line

May 22, 2025

Sports giant Fanatics is pitting fans against greats Tom Brady, Kevin Durant and Alex Rodriguez at an upcoming marketing event. The company announced

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Categories Business

Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump

May 22, 2025

Raising prices on consumers to cover the costs of President Donald Trump’s tariffs will be Target’s ‘very last resort,’ CEO Brian Cornell

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Categories Business

Levi Strauss to sell Dockers to brand management firm Authentic Brands Group

May 21, 2025

Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday.  Under the terms

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Categories Business

Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion

May 21, 2025

BEIJING — One Chinese baby products company announced Tuesday it is officially entering the United States, the world’s largest consumer market —

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Categories Business

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

May 18, 2025

The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with

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Categories Business

Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

May 17, 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

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

May 17, 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

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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