Bombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to expand beyond its direct-to-consumer roots. Bombas President Jason LaRose, a former Under Armour and Equinox executive, will take over as the company’s next CEO effective Thursday. Heath said he realized it was…
Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than…
Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of…
YouTube will stream the National Football League’s Week 1 game on Sept. 5 for free, the first time the dominant…
Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two…
Uber is giving commuters new ways to travel and cut costs on frequent rides. The ride-hailing company on Wednesday announced…
American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year…
McDonald’s announced a plan to hire 375,000 employees across the U.S. this summer. The plan, announced on Monday, is…
Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file…