Los Angeles Lakers owners sell majority stake in the team at $10 billion valuation
Owner Jeanie Buss of the Los Angeles Lakers and Jay Mohr prior to game one of a first round NBA...
Retail industry
Nike pushes back Skims launch with Kim Kardashian due to production delays
NikeSKIMS, a new brand from Nike Inc. and SKIMS.Courtesy: NikeSKIMSKim Kardashian fans are going to have to wait a little...
PGA Tour names NFL's Brian Rolapp as CEO to succeed Commissioner Jay Monahan
NFL chief media and business officer Brian Rolapp.Doug Murray | APThe PGA Tour on Tuesday named top NFL executive Brian...
Starbucks moves to the next phase in its turnaround: Winning over employees
Customers order at a Starbucks in Manhattan Beach, California, on July 19, 2024.Jakub Porzycki | Nurphoto | Getty ImagesAs Starbucks...
WNBA renews media rights deal with Scripps
Caitlin Clark #22 of the Indiana Fever brings the ball up court during the first half of a WNBA game...
Shares of scandal-plagued Brazilian meat giant JBS open at $13.65 in U.S. public debut
The JBS Greeley meatpacking facility in Greeley, Colorado, US, on Friday, Feb. 28, 2025. Chet Strange | Bloomberg | Getty...
Prices for common baby items are rising due to Trump's tariffs, congressional analysis says
Baby car seat carriers for sale at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024....
Most retail executives expect Trump to walk back 'reciprocal' tariffs, survey finds
A container truck and shipping containers are shown at the Port of Los Angeles, in San Pedro California, U.S., May...
Howard Schultz says he 'did a cartwheel' when Starbucks CEO Niccol coined 'back to Starbucks' strategy
Former Starbucks CEO Howard Schultz drinks from a Starbucks mug while testifying before a Senate Health, Education, Labor, and Pensions...
Starbucks to roll out Microsoft Azure OpenAI assistant for baristas
A Starbucks store is shown in Encinitas, California, on Feb. 24, 2025.Mike Blake | ReutersStarbucks plans to roll out a...
FanDuel adds 50-cent surcharge on Illinois bets to offset state taxes, DraftKings may follow
FanDuel is upping the ante in Illinois with a new 50-cent surcharge on all wagers, and DraftKings may be next.Flutter-owned...
Walmart is using its own fintech firm to provide credit cards after dumping Capital One
A Capital One Walmart credit card sign is seen at a store in Mountain View, California, United States on Tuesday,...
Chipotle to launch Adobo Ranch dip after sluggish start to the year
Chipotle Mexican Grill's new Adobo Ranch dipSource: Chipotle Mexican GrillChipotle Mexican Grill is hoping that Americans' love for ranch will...
Sports agency Elevate launches $500 million college investment as payment landscape evolves
STATE COLLEGE, PA - DECEMBER 21: Drew Shelton #66 of the Penn State Nittany Lions before a game between SMU...
Walmart plans to expand drone deliveries to three more states
Walmart is bringing drone deliveries to three more states.On Thursday, the big-box retailer said it plans to launch the speedier...
Lululemon shares tumble 23% as it cuts full-year earnings guidance, citing 'dynamic macroenvironment'
Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."As...
Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Mathisworks | Digitalvision Vectors | Getty ImagesWhile Elon Musk has ended his government cost-cutting initiative that resulted in thousands of...
Procter & Gamble to cut 7,000 jobs as part of broader restructuring
Packages of Charmin Ultra Soft bath tissue are stacked at a Costco Wholesale store in San Diego, California, on March...
Here's how tariffs could affect the price of goods like shoes and sweaters
What is the true cost of tariffs? It's debatable — not only because of political biases, but also because it's far...
Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say
A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to...
