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…
McDonald’s announced a plan to hire 375,000 employees across the U.S. this summer. The plan, announced on Monday, is…
Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to…
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…
Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file…