Business

Adidas said Thursday that it is at risk of losing as much as 1 billion Euros — equivalent to $1.07 billion — in operating profits if it fails to successfully offload its inventory of Kanye…

Attention Netflix password sharers: Your days of giving free access to your account to someone outside your home are numbered. The streaming platform announced Wednesday it would begin charging subscribers in a handful of countries…

Consumer household goods giant Colgate-Palmolive is recalling approximately 4.9 million units of Fabuloso multipurpose cleaner because the products may expose consumers to a harmful bacteria. According to a Wednesday notice on the Consumer Product Safety…

Disney said Wednesday it is planning to reorganize into three segments.  The media and entertainment giant said it would now be made up of three divisions: Disney Entertainment, which includes most of its streaming and…

Bed Bath & Beyond will live to see another day — at least for now.  The beleaguered home goods retailer is expecting to receive more than $1 billion in equity from a Hail Mary stock offering it hopes…

A former senior vice president of Wells Fargo has filed a lawsuit alleging she was raped by a colleague, and is accusing three other co-workers of enabling the assault. And when she raised the incident…

Bed Bath & Beyond said it plans to close another 150 stores as it continues to reorganize its finances. The planned closures, announced in a regulatory filing Monday, come as the company also said it…

Yahoo will lay off more than 20% of its workforce by the end of 2023, eliminating 1,000 positions this week alone, the company said in a statement Thursday. Private equity firm Apollo Global Management acquired 90% of Yahoo…

Chick-fil-A will test its first plant-based entree: a cauliflower sandwich. The new sandwich closely resembles its famous chicken sandwich, but uses breaded and pressure-cooked cauliflower in place of meat. Starting Monday, the privately owned chain,…

A baby was killed and another was injured after they became entrapped in a popular Baby Trend stroller that’s sold at retailers like Amazon, Walmart and Buybuy Baby, the Consumer Product Safety Commission announced Thursday.  The safety group and…