Bussines
Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have cut...
‘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...
Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
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...
Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation
Nvidia said it won’t be sending graphics processing unit plans to China following a report that the artificial intelligence chipmaker is working on a research and...
Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal
The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with the...
AMC bets on premium screens as Hollywood slate boasts big blockbuster titles
Hollywood’s blockbuster slate is heating up, and AMC Entertainment is increasing the number of its premium screens to meet demand. The world’s largest cinema chain is adding...
Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout
Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of its...
Meta’s head of AI research announces departure
Meta’s head of artificial intelligence research announced Tuesday that she will be leaving the company. Joelle Pineau, the company’s vice president of AI research,...
