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Levi to sell Dockers to Authentic Brands Group for $311 million

The Levi’s brand logo on a store.  Jens Kalaene | Picture Alliance | Getty Images Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday.  Under the terms of the deal, Authentic will own Dockers’ intellectual property while Centric Brands will take on operations, […]

Personal finance app Monarch raises $75 million

Monarch co-founders (left to right) Ozzie Osman, Jon Sutherland, Val Agostino. Courtesy: Monarch The personal finance startup Monarch has raised $75 million to accelerate subscriber growth that took off last year when budgeting tool Mint was shut down, CNBC has learned. The fundraising is among the largest for an American consumer fintech startup this year […]

Family offices bet on the U.S. and stocks for 2025, UBS finds

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Despite growing fears of a ” sell America ” trade, American family offices are ramping up their bets on the U.S. […]

UnitedHealthcare faces backlash and stock price decline

Flags fly at half staff outside the United Healthcare corporate headquarters in Minnetonka, Minnesota, Dec. 4, 2024. Stephen Maturen | Getty Images News | Getty Images It took six months, countless hours on hold and intervention from state regulators before Sue Cover says she finally resolved an over $1,000 billing dispute with UnitedHealthcare in 2023. […]

Picklr to open 20 pickleball clubs in Japan

The Picklr facility in Salt Lake City, Utah Packlr The world’s largest pickleball franchise is coming to Japan. The Picklr, a network of indoor pickleball clubs, will open 20 new locations in the Japanese market over the next five years, the company said on Thursday. The expansion will take place through a strategic partnership with […]

American Airlines CFO says some travelers are avoiding Newark airport

The FAA Air Traffic Control tower at Newark Liberty International Airport in Newark, New Jersey on May 7, 2025. Kena Betancur | AFP | Getty Images American Airlines chief financial officer said Thursday that some travelers are avoiding Newark Liberty International Airport for other options in the area after a spate of recent disruptions, but […]

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