CEO of fitness band maker Whoop mocks the demise of Amazon’s Halo health device
Whoop CEO Will Ahmed said he views the demise of Halo as a win for his startup after alleging that Amazon copied it; Amazon strongly denies the allegations.
Salad chain Sweetgreen reports narrowing losses as it aims for profitability
The salad chain’s traffic increased 2% during the quarter, helping boost same-store sales by 5%.
Berkshire Hathaway is outperforming during turmoil, but Warren Buffett’s favorite child Geico is in trouble
Geico, the crown jewel of Berkshire’s insurance empire, has found itself in trouble recently after losing market share to its best competitor Progressive.
Virgin Islands issued subpoena to Google co-founder Larry Page in lawsuit against JPMorgan Chase over Jeffrey Epstein
The U.S. Virgin Islands is suing JPMorgan Chase for alleged complicity in sex trafficking by Jeffrey Epstein.
J&J’s consumer-health spinoff Kenvue jumps 22% in public market debut
Kenvue’s debut is the biggest U.S. IPO since EV maker Rivian went public in 2021.
How to buy your first car: Tips for navigating an ‘unprecedented’ market, according to auto experts
Ready to buy your first car? Here are some tips to make sure you get the best deal possible — and it doesn’t break the budget.
Struggling Lordstown Motors expects to end production of its EV pickup ‘in the near future’
The comments come three days after the company said it may go bankrupt if a previously announced deal with contract manufacturer Foxconn falls through.
Olive Garden parent Darden Restaurants bets on fine dining with $715 million Ruth’s Chris deal
Darden Restaurants believes fine-dining restaurants’ sales growth will outpace that of casual-dining eateries through 2026.
DA Davidson says this software stock has ‘Buffett-esque’ qualities and can surge nearly 40%
This tech stock made its public debut in June 2020.
Shopify cuts 20% of its workforce; shares surge on earnings beat
The cuts represent the second round of layoffs for Shopify in the last year.
