In this article GME Follow your favorite stocksCREATE FREE ACCOUNT GameStop Chairman Ryan Cohen. Source: CNBC GameStop said Thursday morning that billionaire activist investor Ryan Cohen would take over as the video game retailer’s chief executive. Shares of the company jumped nearly 10% in premarket trading following the announcement. GameStop said Cohen wouldn’t receive any
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In this article LULU PTON Follow your favorite stocksCREATE FREE ACCOUNT Jen Van Santvoord rides her Peloton exercise bike at her home in San Anselmo, California. Ezra Shaw | Getty Images Peloton and Lululemon are joining forces. The two companies announced a five-year partnership Wednesday that will bring Peloton’s content to Lululemon’s exercise app. Lululemon
An uncaptioned image posted on the company’s website appears to show Starshield technology in orbit. SpaceX The Pentagon has awarded Elon Musk’s SpaceX its first confirmed contract for the Starshield network it’s developing, a military-specific version of the company’s Starlink satellite internet system, the defense agency said Wednesday. A Space Force spokesperson confirmed that SpaceX
Senator Jeff Merkley, a Democrat from Oregon, speaks during a news conference at the U.S. Capitol in Washington, D.C., on Jan. 25, 2020. Zach Gibson | Bloomberg | Getty Images A new bill that aims to give the marijuana industry access to banking services is expected to move forward in the Senate on Wednesday. The
In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT People walk past a Peloton store in Coral Gables, Florida, on Jan. 20, 2022. Joe Raedle | Getty Images Peloton co-founder and Chief Product Officer Tom Cortese is leaving the company and will be replaced by longtime Silicon Valley veteran Nick Caldwell, the company announced
In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT A Target department store in North Miami Beach, Florida, on May 17, 2023. Joe Raedle | Getty Images Target said Tuesday that it will close nine stores in major cities across the country, citing violence, theft and organized retail crime. The company will close one
A worker makes clothes at a garment factory that supplies Shein, in Guangzhou, China. Shein is set to produce goods in Brazil for the Latin American market, instead of shipping them from China. Jade Gao | AFP | Getty Images Fast-fashion retailers like Zara, Shein and H&M are using resale platforms to reduce their carbon
In this article WBD AMC CNK IMAX Follow your favorite stocksCREATE FREE ACCOUNT The AMC 25 and Regal Cinemas on 42nd Street in Times Square, New York. Richard Levine | Corbis | Getty Images Movie theater shares popped Monday following news of a tentative labor deal between the Writers Guild of America and the Alliance
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Bob Smith, chief executive officer of Blue Origin LLC, (L), and Dave Limp, senior vice president of devices and services for Amazon.com Inc. Getty Images Jeff Bezos’ Blue Origin will replace CEO Bob Smith with outgoing Amazon executive Dave Limp, CNBC has learned. Smith is
In this article DIS PARA CMCSA WBD Follow your favorite stocksCREATE FREE ACCOUNT Striking members of the Writers Guild of America and supporters march towards La Brea Tar Pits, Los Angeles, CA. Irfan Khan | Los Angeles Times | Getty Images Hollywood’s writers and studios have a preliminary labor agreement. Talks between the Writers Guild