Posts

CNBC
DraftKings cuts 140 jobs as part of reorganization

DraftKings cuts 140 jobs as part of reorganization

DraftKings, one of the leading sports-betting companies, said it is eliminating...

The Business Journals
FedEx to cut over 10% of global management positions, consolidate some teams and functions

FedEx to cut over 10% of global management positions, consolidate...

According to a public letter sent from president and CEO Raj Subramaniam to all...

CNBC
Peloton CEO doesn't care that equipment is losing money, sees path forward in the app

Peloton CEO doesn't care that equipment is losing money,...

The pricey exercise machines posted a negative gross margin for the holiday quarter,...

The Business Journals
Local agent to open new real estate franchise, plans 5 throughout KY

Local agent to open new real estate franchise, plans 5...

First launching in Louisville, the franchise plans to open offices in Elizabethtown,...

CNBC
Peloton CEO doesn't care that its equipment is losing money, sees path forward in the app

Peloton CEO doesn't care that its equipment is losing money,...

The pricey exercise machines posted a negative gross margin for the holiday quarter,...

The Business Journals
Men's big-and-tall retailer adds chief operating officer

Men's big-and-tall retailer adds chief operating officer

She help previous roles at Ralph Lauren and the Jones Group.

CNBC
Peloton shares jump after fitness company posts subscription revenue growth

Peloton shares jump after fitness company posts subscription...

Peloton beat Wall Street's revenue expectations but saw a 52% drop in connected...

The Business Journals
Wolfspeed says it will build next mega-factory in Germany

Wolfspeed says it will build next mega-factory in Germany

Wolfspeed has picked Germany over North Carolina and New York for what it’s calling...

CNBC
Airlines cancel thousands of flights as Texas ice storm threatens worsening conditions

Airlines cancel thousands of flights as Texas ice storm...

Dallas/Fort Worth International Airport and Dallas Love Field shared the majority...

The Business Journals
Mad Mex restaurant in Oakland to close after 30 years

Mad Mex restaurant in Oakland to close after 30 years

According to WPXI, the restaurant has been struggling with staffing.

CNBC
Peloton losses narrow as subscription revenue again outpaces equipment sales

Peloton losses narrow as subscription revenue again outpaces...

Peloton beat Wall Street's revenue expectations but saw a 52% drop in connected...

The Business Journals
Guest column: Employers' mandate for 2023

Guest column: Employers' mandate for 2023

You likely did not receive a holiday card from the U.S. Federal Reserve, but if...

CNBC
Deadly ice storm rages in Texas, causing travel chaos and outages

Deadly ice storm rages in Texas, causing travel chaos and...

The “long-duration” winter storm that has brought dangerous sleet and freezing rain...

The Business Journals
Newell Brands opens sprawling NC distribution facility with plans to employ 185 workers

Newell Brands opens sprawling NC distribution facility...

Newell Brands currently has 150 employees at its 1.5 million-square-foot Gaston...

The Business Journals
Homebuilding activity drops off in Greater Boston as costs mount

Homebuilding activity drops off in Greater Boston as costs...

The year-over-year decline in permitted housing units in 2022 was the region's steepest...

CNBC
Enzo Fernandez: Chelsea sign midfielder in £106.8m British-record transfer deal from Benfica

Enzo Fernandez: Chelsea sign midfielder in £106.8m British-record...

The deal for the Argentine surpasses the £100m Manchester City paid for Jack Grealish...