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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…
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,…
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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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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…
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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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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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Fintech company Chime files for Nasdaq IPO
Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The…
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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,…