Mall apparel retailer Abercrombie & Fitch surprised investors with a fiscal first quarter profit, sending shares surging.
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First Astranis internet satellite working ‘perfectly’ as company readies to bring coverage to Alaska
“We have a new way of connecting people in some of the most remote and underserved parts of the world,” Astranis CEO John Gedmark told […]
Continue readingKohl’s shares spike as retailer reports a surprise profit
Kohl’s unexpectedly posted a profit and reaffirmed its full-year guidance.
Continue readingBlackRock bond chief Rieder says U.S. economy in ‘much better shape’ than doomsayers say
Rick Rieder, a three-decade market veteran who oversees $2.4 trillion for BlackRock, is optimistic on the investment outlook despite the debt-ceiling impasse.
Continue readingPeloton aims to rebrand as a fitness company for all with focus on app, tiered subscription pricing
Peloton has long been considered an in-home bike company for fitness junkies, but the company is working to change that by making its app accessible […]
Continue readingNetflix password sharing crackdown rolls out in the U.S.
After months of anticipation, Netflix began its password sharing crackdown in the United States.
Continue readingNike CEO John Donahoe says brands need to stand by their values amid DeSantis, Disney feud
Nike CEO John Donahoe said during the inaugural CNBC CEO Council Summit it’s important for corporations to fight for the values integral to their brands.
Continue readingNike CEO John Donahoe says disengaging from China would be ‘disastrous’ amid rising geopolitical tensions
As China steps up aggression against Taiwan, Nike CEO John Donahoe said risk is everywhere but decoupling from the region would be ‘disastrous.’
Continue readingPanera Bread parent announces CEO transition as it prepares for ‘eventual IPO’
Panera Brands CEO Niren Chaudhary will be succeeded by Einstein Bros. Bagels CEO Jose Duenas, effective July 1.
Continue readingUnited Airlines adds more flights, new lounges in fast-growing Denver
United plans to add 35 flights to the Denver airport and boost daily departures to about 450.
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