Nike is trying to execute a turnaround under new CEO Elliott Hill.
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Boston Celtics sold for $6.1 billion to group led by private equity executive Bill Chisholm
A group led by private equity executive Bill Chisholm is buying the NBA’s Boston Celtics for $6.1 billion.
Continue readingFebruary home resales jump much more than expected, despite higher mortgage rates
The median price of a home sold in February was $398,400, up 3.8% from the same time last year.
Continue readingDarden Restaurants sales disappoint, but Olive Garden parent sees consumers continuing to spend
Olive Garden and LongHorn Steakhouse reported weaker-than-expected same-store sales growth in Darden’s latest quarter.
Continue readingEdible Arrangements’ parent company is launching a marketplace for the other kind of edibles
Edible Brands is launching Edibles.com, an e-commerce marketplace for hemp drinks and gummies.
Continue readingNBA may bring back iconic highlight show ‘NBA Inside Stuff’
The NBA has filed a trademark application for “NBA Inside Stuff,” with intent to bring the popular show back.
Continue readingAuto suppliers face more dire circumstances than automakers amid Trump tariffs
Auto suppliers face more dire circumstances than automakers over President Donald Trump’s tariffs, but their problems could quickly impact the broader industry.
Continue readingHow new professional sports leagues like SailGP are putting women at the fore
SailGP, the international racing league, requires each team to have at least one female athlete onboard during races.
Continue readingBoeing shares jump as CFO gives upbeat outlook, says cash burn is easing
Boeing’s cash burn is easing this quarter and its factories are improving, the aerospace giant’s CFO Brian West’s said.
Continue readingWatch astronauts return to Earth on SpaceX capsule after months on the ISS
NASA astronauts Butch Wilmore and Suni Williams are set to splash down on Earth on Tuesday evening after spending more than nine months in space.
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