Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable teams in women’s sports.
Category Archives: business
‘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 expand beyond its direct-to-consumer roots.
Coinbase says thieves stole user data and tried to extort $20M
Thieves recently stole Coinbase customers’ personal information and tried to extort it for $20 million, the company announced Thursday.
JPMorgan Chase CEO Jamie Dimon says recession is still on the table for U.S.
Wall Street titan Jamie Dimon said Thursday that a recession is still a serious possibility for the United States, even after the recent rollback of tariffs on China.
Walmart says it will raise prices to deal with cost of tariffs
Retail giant Walmart says it must raise prices to deal with the cost of tariffs. “Given the magnitude of the tariffs… we aren’t able to absorb all the pressure,” Walmart CEO Doug McMillon in a statement. It comes as food and car prices saw drops in April. NBC’s Christine Romans joins TODAY to break down what you need to know.
Walmart’s tariff price hikes are likely weeks away
Walmart said Trump’s import taxes remain too high to avoid passing along to shoppers, who could start paying more for some items as soon as late May.
The Trump franchise is expanding in the Middle East — and so are ethical concerns
DOHA, Qatar — President Donald Trump brushed off questions Wednesday over ethical concerns about the growing Middle East footprint of his family business, as his trip in the region takes him to three countries with Trump-branded ventures.
Where Catholicism is growing in the U.S.
Despite losing 1,200 churches, America has gained 2.9 million Catholics since 2010, according to an NBC News analysis of data from the U.S. Religion Census.
U.S.-China tariff deal buys time for China-linked e-commerce sites like Temu and Shein
President Donald Trump’s tariff pause gives China-linked e-commerce sites such as Temu and Shein a temporary window of opportunity to restock U.S.-based warehouses and re-evaluate their supply chain management, experts and insiders say.
In 1991, Warren Buffett was growing his fortune — while having fun
Warren Buffett, known as the Oracle of Omaha, had a net worth of more than $4 billion in the early 1990s thanks to his assortment of valuable assets. As NBC’s Mike Jensen reports, he was making time to have fun while building his sprawling empire and growing an immense fortune. This originally aired on NBC News at Sunrise on Nov. 27, 1991.