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Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%
Posted inBusiness

Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per…
May 8, 2025
Temu halts shipping direct from China as de minimis tariff loophole is cut off
Posted inBusiness

Temu halts shipping direct from China as de minimis tariff loophole is cut off

Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules…
May 8, 2025
As Sovereignty skips Preakness, does racing see Triple Crown must change?
Posted inBusiness

As Sovereignty skips Preakness, does racing see Triple Crown must change?

LOUISVILLE, Ky. — Every Kentucky Derby-winning trainer has the same day-after script when it comes…
May 7, 2025
Sue Bird to become managing director of U.S. women’s basketball team
Posted inBusiness

Sue Bird to become managing director of U.S. women’s basketball team

USA Basketball is set to make massive shifts in its structuring later this week, and…
May 7, 2025
Tesla denies report it’s looking to replace Elon Musk
Posted inBusiness

Tesla denies report it’s looking to replace Elon Musk

Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street…
May 7, 2025
Kentucky Derby winner Sovereignty will not compete in Preakness Stakes
Posted inBusiness

Kentucky Derby winner Sovereignty will not compete in Preakness Stakes

Sovereignty, the Kentucky Derby winner, will not participate in the 2025 Preakness Stakes, the second…
May 7, 2025
In HOF speech, ex-USWNT star admits being ’emotionless machine’
Posted inBusiness

In HOF speech, ex-USWNT star admits being ’emotionless machine’

An intense dedication to her craft helped make former U.S. women’s national soccer team star…
May 7, 2025
Derek Carr said to be making surgery decision sooner than later
Posted inBusiness

Derek Carr said to be making surgery decision sooner than later

With the NFL offseason mostly in the history books, there are only a few mysteries…
May 7, 2025
Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock
Posted inBusiness

Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the…
May 7, 2025
Cowboys, Raiders among best fits for Amari Cooper
Posted inBusiness

Cowboys, Raiders among best fits for Amari Cooper

Amari Cooper is one of the most prominent free agents who remains unsigned following the…
May 6, 2025

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