Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a public company, the retailer announced Monday. The price 3G Capital agreed to pay represents a 30% premium to Skechers’ current valuation on the public markets, which is…
Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took…
Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a…
Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the…
Data center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said…
Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus…
Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing…
Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its…
President Donald Trump used to refer to Jeff Bezos as “Jeff Bozo.” Now, after more drama between the two men, Trump is calling the…