Nike reported revenue Thursday that fell short of Wall Street’s sales expectations for the first time in two years, but it beat on earnings and gross margin estimates, sending its stock soaring in after-hours trading. Here’s how the sneaker giant […]
A GameStop location on 6th Avenue in New York on March 23, 2021. View Press | Corbis News | Getty Images Just hours after being named GameStop‘s CEO, Ryan Cohen sent out a memo to employees Thursday that emphasized he
GameStop's survival demands 'extreme frugality,' CEO Ryan Cohen tells employees Read More »
The PGA Tour logo is seen during the third round of the Travelers Championship at TPC River Highlands in Cromwell, Connecticut, on June 24, 2017. Fred Kfoury | Icon Sportswire | Getty Images The PGA Tour is attracting potential outside
Endeavor, Fenway Sports consider investment in the PGA Tour Read More »
A rendering of the “Orbital Reef” space station in orbit. Blue Origin The Orbital Reef space station partnership between Jeff Bezos’ Blue Origin and Sierra Space is on rocky footing, CNBC has learned. The companies announced Orbital Reef as a
Harun Ozalp | Anadolu Agency | Getty Images The National Football League on Thursday responded to a recent report that pointed out its ads were placed on white nationalist feeds on Elon Musk’s social media platform, X. “NFL unequivocally denounces
NFL tells X it's concerned about placement of ads on white nationalist accounts Read More »
The big-spending Saudi Pro League is aiming to build its global broadcasting presence and become one of the top 10 soccer leagues in the world, its chief operating officer, Carlo Nohra, told CNBC on Thursday. The league dominated the sports
Delta Air Lines Boeing 717-200 airplane as seen on the final approach landing at New York JFK John F. Kennedy International Airport, NYC, USA. NurPhoto / Contributor Delta Air Lines CEO Ed Bastian said the airline will make “modifications” in
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
GameStop names Ryan Cohen as CEO effective immediately Read More »
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
In this photo illustration, Farxiga is made available to customers at the New City Halsted Pharmacy on August 29, 2023 in Chicago, Illinois. Scott Olson | Getty Images AstraZeneca, Bristol Myers Squibb and Boehringer Ingelheim on Wednesday told CNBC they
AstraZeneca, Bristol Myers Squibb to participate in Medicare drug price negotiations Read More »
