Tuesday, August 11, 2020
Home Business

Business

Apple CEO Tim Cook has become a billionaire

Apple CEO Tim Cook became a billionaire this month, after nine years at the helm of the world’s most valuable company. The 59-year-old executive’s net...

Foot Locker shares rally after retailer forecasts surprise profit

Foot Locker expects to turn a second-quarter profit thanks in part to aid sent to Americans to help during the pandemic. The announcement caught Wall...

Paragon Sports says it will stop selling fur after winter season

What better time to announce a fur ban than during a heat wave in August? Paragon Sports, New York City’s go-to sporting goods retailer for...

McDonald’s Sues Ousted CEO For ‘Silence And Lies’ About Sex With Employees

(Reuters) - McDonald’s Corp said on Monday it sued former Chief Executive Steve Easterbrook to recoup tens of millions of dollars in severance and...

Next Digital shares surge after arrest of Hong Kong mogul Jimmy Lai

Hong Kong-based media firm Next Digital saw its stock price explode Monday after authorities arrested its dissident founder. Next Digital’s shares surged as much as...

Royal Caribbean posts wider-than-expected second-quarter loss

Royal Caribbean Group reported a wider-than-expected quarterly loss on Monday as the cruise operator suffered from a coronavirus-driven halt to sailings that is now...

Barry Diller’s IAC bets $1 billion on gambling giant MGM Resorts

IAC, the media conglomerate which operates Dotdash and Vimeo, has taken a 12 percent stake in Las Vegas hotel and casino giant, MGM Resorts,...

McDonald’s sues ex-CEO Steve Easterbrook over relationships with staff

McDonald’s sued its former chief Steve Easterbrook claiming he had sexual relationships with three subordinates after it discovered “dozens of nude, partially nude, or...

Madonna leaves Universal Music, in talks to return to Warner

Madonna has left Universal Music Group’s Interscope, her record label for nearly a decade, according to reports. The Queen of Pop is considering returning to...

Apple goes after meal-prep company Prepear over its ‘similar’ logo

It’s not apples and oranges to gadget maker Apple. The Silicon Valley tech giant is seeking to block a fledgling meal-prep company from using a...

Amazon wants to open fulfillment centers in shopping malls

Amazon could end up dancing on the graves of department stores it has decimated by taking over their former homes in shopping malls, according...

Kodak shares plunge after feds put loan deal on hold

Kodak’s stock price plummeted early Monday after the Trump administration slammed the brakes on a loan deal to help the company launch a pharmaceuticals...

Most Read

Neil Cavuto Fact-Checks Trump Campaign: Kamala Harris Never Called Biden Racist

After presumptive Democratic nominee Joe Biden announced he’d chosen Sen. Kamala Harris (D-Calif.) to be his running mate Tuesday, the Trump campaign released a...

Mets’ Brad Brach returns after ‘not normal’ coronavirus experience

The Mets’ bullpen was whole Tuesday for the first time this season. Brad Brach’s activation from the injured list provided team officials with the bullpen...

SoulCycle fires women who give birth, blame it on COVID-19: suit

Stephen Ross’s SoulCycle has a pattern of firing women who’ve gotten pregnant — and then blaming it on the coronavirus, according to a new...