The man who turned Vitaminwater and BodyArmor into household beverage names is turning his attention to the sneaker industry.

The selloff in Netflix shares follows a 60% year-to-date rally, spurred by the roll out its cheaper, ad-supported plan and a crackdown on password sharing.

June home sales declined 18.9% compared with last year. That’s the slowest sales pace for June since 2009.

Victims filed arbitration claims against Morgan Stanley, alleging that it failed to reasonably supervise its employee.

Walmart is trying to grow its Walmart+ membership base and has noticed more price sensitivity among shoppers.

J&J still owns a 90% stake in Kenvue, meaning it can generally control the direction of the consumer health spinoff’s business for the time being.

Record revenue of $14.06 billion topped analysts’ expectations and was up 4.7% from a year earlier.

The results come amid investor anxiety over the thousands of lawsuits claiming that J&J’s talc-based baby powder and other products caused cancer.

Netflix’s core business continues to chug along as the rest of the media and entertainment industry searches for new growth.

Pfizer is among several drugmakers racing to develop the world’s first shot targeting Group B strep disease, which kills thousands of infants each year.