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…
Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its…
Data center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said…
Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing…
Tech is saving Hollywood — though not in the way you might think. Back in 2022, e-commerce giant and…
Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its…