Business

The NBA suspended Phoenix Suns and Mercury owner Robert Sarver for one year and fined him $10 million Tuesday after an independent investigation revealed multiple violations of workplace conduct standards. The investigation found that Sarver repeated the N-word on at least five occasions. He also made sex-related comments and inappropriate appearance-related comments to and about
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In this article PTON Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCarthy dramatically reshapes the business. Co-founder and former CEO John Foley resigned from his position as executive chairman of the board
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In this article ORCL CHWY MSFT CRDO AMBA Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Stocks broke a three-week losing streak on Friday, but uncertainty looms over the horizon as the Federal Reserve prepares for its September meeting. The prospect of a sizable interest rate hike is
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At 1:13 A.M. Pacific Daylight Time on September 7th, at Vandenberg Space Force Base, 60 miles north of Santa Barbara, California, the US Air Force Global Strike Command launched a Minuteman III intercontinental ballistic missile stripped of its nuclear warhead. The Space Force says that the point of the test is to prove that “the
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In this article DWAC This illustration photo shows Donald Trump’s new social media app Truth Social, glitching on a smartphone in Los Angeles, February 21, 2022. Chris Delmas | AFP | Getty Images Digital World Acquisition Corp., the SPAC aiming to take former President Donald Trump’s media company public, adjourned its shareholder meeting until Oct.
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In this article LOW Marisa Thalberg, executive vice president and chief brand and marketing officer. Source: Marisa Thalberg Lowe’s chief marketing officer Marisa Thalberg has left the retailer as part of a broader reorganization, the company said Tuesday. The home improvement retailer cut her role and moved its marketing team under Bill Boltz, executive vice
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In this article PEP Fast Twitch, from the makers of Gatorade Source: PepsiCo Gatorade is entering the energy drink category with a caffeinated spin-off called Fast Twitch. It represents yet another example of beverage companies blurring the lines between drink categories, seeking to leverage existing brand loyalty while entering fast-growing categories. Gatorade’s parent company, PepsiCo,
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