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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

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

‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots

Bombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to expand beyond…
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

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

Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable…
Investing

YouTube will stream NFL Week 1 game in Brazil for free

YouTube will stream the National Football League’s Week 1 game on Sept. 5 for free, the first time the dominant streaming platform has…
Investing

5 new Uber features you should know — including a way to avoid surge pricing

Uber is giving commuters new ways to travel and cut costs on frequent rides. The ride-hailing company on Wednesday announced a route share…
Investing

American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it…
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