Business

Women’s soccer is bringing private equity off the sidelines. While other major U.S. sports leagues – Major League Soccer, the National Basketball Association, Major League Baseball and the National Hockey League – have allowed private equity investors to take passive, minority stakes, only the National Women’s Soccer League has allowed these firms to take majority

Saks Fifth Avenue store at the Waterside Shops.  John Greim | Lightrocket | Getty Images Saks Fifth Avenue parent HBC said on Thursday it will acquire Neiman Marcus Group in a $2.65 billion deal combining the storied retailers. The combination will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus’

In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT A United Airlines plane seen at the gate at Chicago OHare International airport (ORD)on October 5, 2020 in Chicago, Illinois. Daniel Slim | AFP | Getty Images Don’t believe bad weather is the reason your United Airlines flight is delayed? The airline will now text

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Mustang Mach E electric vehicles are offered for sale at a dealership on June 05, 2024 in Chicago, Illinois. Scott Olson | Getty Images Ford sales rose 1% during the second quarter over the year-earlier period, led by a 5% gain in truck sales,

In this article MCD SOUN Follow your favorite stocksCREATE FREE ACCOUNT The drive-thru menu at a McDonald’s restaurant showing various meal options and promotions, in Buttonwillow in Kern County, California, on 23, 2024. Smith Collection | Gado | Archive Photos | Getty Images Searching for ways to lower labor costs, restaurants are hoping that artificial

Sinenkiy | Istock | Getty Images In the wake of 9/11 on an American military base in South Korea, then-Army Staff Sergeant Dave Yeager sat down at a slot machine operated by the Defense Department and made what he now calls the biggest mistake a budding problem gambler can make: He won. “All that stress,

In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT A sign with the company logo sits outside of the headquarters campus of Eli Lilly and Company on March 17, 2024 in Indianapolis, Indiana. Scott Olson | Getty Images The Food and Drug Administration on Tuesday approved Eli Lilly‘s Alzheimer’s drug donanemab, expanding the limited

In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2. Michael Nagle | Bloomberg | Getty Images Peloton no longer faces an imminent liquidity crunch after a massive

A “Believe in Boston” flag flies during the duck boat parade celebrating the Boston Celtics’ 18th NBA championship. Stan Grossfeld | Boston Globe | Getty Images The 2024 National Basketball Association champions are up for sale. The Boston Celtics’ ownership group announced Monday that it plans to sell the team, according to a statement posted

In this article PARA DIS CMCSA WBD NFLX Follow your favorite stocksCREATE FREE ACCOUNT The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024.  Eric Thayer | Bloomberg | Getty Images Paramount Global is holding talks with other entertainment companies about merging its Paramount+ streaming service with an existing platform. If it

Starbucks Coffee shop in Krakow, Poland on February 29, 2024.  Beata Zawrzel | Nurphoto | Getty Images Starbucks cafes across the country are starting to change how they make drink orders, among other tweaks designed to reduce bottlenecks and long wait times that have dogged the chain. The overhaul comes as the coffee giant prepares

In this article CNK AMC Follow your favorite stocksCREATE FREE ACCOUNT Still from 2009’s “Coraline.” Focus Features | Universal At a time when the box office is starved for content and audiences seem pickier than ever, Fathom Events is posting record revenue gains. For 20 years, the joint venture between AMC, Regal and Cinemark has