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…
Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two…
American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year…
Uber is giving commuters new ways to travel and cut costs on frequent rides. The ride-hailing company on Wednesday announced…
UnitedHealth Group announced a new chief executive Tuesday, a sudden and surprising change following the fatal shooting in December of its UnitedHealthcare…
CAMDEN, N.J. — The father and son duo behind a stock fraud scheme involving the infamous $100 million New…
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…
Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to…