News
Angels owner Arte Moreno explores sale of MLB team
The Los Angeles Angels head Arte Moreno has initiated a formal process to evaluate strategic alternatives, “including a possible sale...
Peloton to start selling bikes, apparel through Amazon U.S.
Peloton will start selling a selection of its connected-fitness equipment and accessories on Amazon U.S., the company announced on Wednesday....
Sales of new homes plunged in July as prices remain high
Sales of newly constructed homes fell by 12.6% in July from June, to a seasonally adjusted annual rate of 511,000...
Intel signs $30 billion partnership with Brookfield
Intel and Canada´s Brookfield Asset Management agreed to jointly fund up to $30 billion for the U.S. chipmaker's leading-edge chip...
Twitter whistleblower alleges execs misled board and public
Twitter misled federal regulators about its defenses against hackers and spam accounts, according to a Twitter whistleblower. The complaints were...
Berkshire Hathaway gets permission to buy 50% of Occidental stake
The Federal Energy Regulatory Commission gave Warren Buffett’s Berkshire Hathaway permission to buy up to 50% of oil company Occidental...
Adidas says CEO Kasper Rorsted to step down in 2023
Adidas CEO Kasper Rorsted will step down before his contract is due to run out, the German sporting goods maker...
AMC shares plunge 30% after Cineworld’s bankruptcy warning
Shares of theater chain AMC plunged on Monday as rival Cineworld warned of potential bankruptcy. AMC shares were down 30%...
GM restores quarterly dividend after more than two years
General Motors said on Friday it would reinstate quarterly dividend payouts. The automaker had suspended dividend payments and share buybacks...
Foot Locker names Mary Dillon as next CEO, Dick Johnson to retire
Foot Locker has appointed Mary Dillon as its CEO replacing Richard Johnson, the company announced on Friday. Dillon will take...
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