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Reddit co-founder Alexis Ohanian takes stake in Chelsea FC Women
Alexis Ohanian, Principal Owner, Angel City Football Club & Los Angeles Golf Club, looks on during a conversation with Olympic sprinter Gabby Thomas during the Business of Women Sport Summit presented by Deep Blue Sports and Axios at…
American Eagle withdraws 2025 guidance, says Q1 worse than expected
A customer enters an American Eagle store in Miami, Florida on April 4, 2025.Joe Raedle | Getty ImagesAmerican Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as…
Toy stocks rally after levies slashed
Toys made by Mattel, Hasbro and others are seen at a Macy's store in New York.Staff | ReutersShares of major toy makers rallied on Monday after the U.S. agreed to temporarily reduce tariffs on China.The agreement will pause most tariffs…
Walgreens doubles down on robots to fill prescriptions amid turnaround
A robotic arm fills prescriptions at a Walgreens' micro-fulfillment center.Courtesy: WalgreensAs struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation. The company is expanding the number of…
Rare platinum Rolex heads to auction, could fetch $1.7 million
A rare 1999 platinum Rolex Daytona featuring a mother-of-pearl dial with diamond hour markers — one of only four known to exist.Courtesy of Sotheby'sA legendary timepiece is about to step into the spotlight.A 1999 platinum Rolex Daytona…
Why U.S. air traffic control is under strain
An airport control tower is seen at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty ImagesAir traffic controllers have been under strain for years, but a 90-second equipment failure last…
Krispy Kreme stock plunges after McDonald’s rollout pause
Justin Sullivan | Getty Images News | Getty ImagesKrispy Kreme stock plunged 24% on Thursday after the doughnut chain said it is "reassessing" its rollout with McDonald's and pulled its full-year outlook in part due to economic…
Carvana (CVNA) earnings Q1 2025
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023.Brandon Bell | Getty ImagesDETROIT — Carvana's first-quarter results easily topped Wall Street's expectations as the company reported record sales…
Rivian Automotive (RIVN) Q1 2025 earnings
Workers assemble second-generation R1 vehicles at electric automaker Rivian's manufacturing facility in Normal, Illinois, on June 21, 2024.Joel Angel Juarez | ReutersRivian Automotive on Tuesday beat Wall Street's expectations for the…
Ford Motor (F) earnings Q1 2025
The Ford display is seen at the New York International Auto Show on April 16, 2025.Danielle DeVries | CNBCDETROIT — Ford Motor beat Wall Street's first-quarter expectations, but suspended its 2025 financial guidance amid an expected $2.5…