Category: Business News

Nike announced on Thursday that CEO John Donahoe will be stepping down, with company veteran Elliott Hill returning from retirement to take over as the new leader. Donahoe, who has

In August, sales of previously owned homes decreased by 2.5% compared to July, reaching a seasonally adjusted annualized rate of 3.86 million units, as reported by the National Association of

Darden Restaurants reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants. CEO Rick Cardenas expressed confidence in the company’s long-term prospects despite

Boeing is taking action to preserve cash amidst an ongoing machinist strike by temporarily furloughing thousands of U.S. executives, managers, and staff. The furloughs will impact tens of thousands of

WNBA expansion is making waves with a new team set to hit Portland in 2026. The league’s 15th team will be owned by RAJ Sports, with Lisa Bhathal Merage taking

The University of Tennessee announced a 10% increase in season ticket prices for all sports to accommodate the future revenue sharing with student-athletes. This increase, termed a “talent fee,” will

Intuitive Machines’ stock saw a significant increase in early trading following NASA’s award of a major contract to the company to develop moon data satellites. The contract, valued at up

NBA insider Adrian Wojnarowski is stepping down from his role at ESPN to join his alma mater, St. Bonaventure, as the general manager of the men’s basketball program. Known for

Alaska Airlines and Hawaiian Airlines have received approval for their $1.9 billion merger from the U.S. Department of Transportation. The merger agreement, which had previously cleared the U.S. Justice Department’s

Flutter Entertainment, the parent company of FanDuel, is set to acquire Italian gambling company Snaitech from Playtech for $2.6 billion. This move is part of Flutter’s strategy to expand its