Business

Fanatics will host a skills challenge between fans and celebrities, with $2 million on the line

Sports giant Fanatics is pitting fans against greats Tom Brady, Kevin Durant and Alex Rodriguez at an upcoming marketing event.…

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. …

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…

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…

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…

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…

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…

‘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…

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…

Netflix says its ad tier now has 94 million monthly active users

Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20…