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Armenian organized crime rings charged with stealing $83 million in Amazon cargo

Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with stealing more than $83 million worth of…
Investing

Fanatics will host a skills challenge between fans and celebrities, with $2 million on the line

Sports giant Fanatics is pitting fans against greats Tom Brady, Kevin Durant and Alex Rodriguez at an upcoming marketing event. The company…
Investing

Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump

Raising prices on consumers to cover the costs of President Donald Trump’s tariffs will be Target’s ‘very last resort,’ CEO Brian Cornell…
Investing

A man once sued by the SEC wins Trump crypto contest to have dinner with the president

We now know who won the contest to attend an intimate dinner with President Donald Trump by buying his cryptocurrency — and he’s…
Investing

Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion

BEIJING — One Chinese baby products company announced Tuesday it is officially entering the United States, the world’s largest consumer market —…
Investing

Levi Strauss to sell Dockers to brand management firm Authentic Brands Group

Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday.  Under the…
Investing

Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth

Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have…
Investing

Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation

Nvidia said it won’t be sending graphics processing unit plans to China following a report that the artificial intelligence chipmaker is working on a research…
Investing

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with…
Investing

Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear…
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