Wall Street isn’t happy Kevin Plank is returning as Under Armour CEO
The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Wall Street is not pleased that Under Armour founder Kevin Plank is returning as its CEO. Shares of the athletic apparel company plunged about 12% on Thursday after the retailer announced late Wednesday that […]
‘Is this an indecent proposal?’ I invited an out-of-towner for dinner. He said yes — but only if he could stay over and avoid spending $400 on a hotel room.
“He is not going to drive two hours to the city for the weekend if he is not sure that we are going to be serious.”
Online marketplaces can do more to stop crime
Read CNBC’s full investigation into the alleged organized theft groups that police say are stealing and reselling items from retailers including Ulta Beauty, T.J. Maxx and Walgreens. Faced with sophisticated organized retail crime rings that investigators say have targeted his company, Ulta Beauty CEO Dave Kimbell is laying some blame on e-commerce sites. In the […]
I borrowed $20,000 from my mother in 1996, but only repaid $5,000. She deducted the entire loan from my inheritance. I need that money. What now?
“I live in a semi-expensive assisted living facility, and I’m not in good health.”
Inside organized crime rings targeting retailers Ulta, TJX, Walgreens
In a tony suburban enclave in the San Diego foothills, police say, an organized retail crime “queenpin” had built an empire. Tucked behind the stone walls of her 4,500-square-foot Spanish-style mansion, Michelle Mack had stockpiled a small fortune in cosmetics that had been stolen from Ulta and Sephora stores across the country, authorities said. Police […]
Morgan Stanley names head of artificial intelligence, Jeff McMillan
The Morgan Stanley digital sign is seen at the company’s Times Square headquarters in New York, U.S., on Friday, Jan. 12, 2016. John Taggart | Bloomberg | Getty Images Morgan Stanley promoted a tech executive in its wealth management division to become the bank’s first head of firm-wide artificial intelligence, CNBC has learned. The bank […]
My unmarried partner may need a nursing home. Who will pay for his care — and will I be able to stay in our home?
“If one of us needs to go into a nursing home, is the other safe in the home?”
Beyoncé’s country songs are boosting streams for Black artists
Beyonce leaves the Luar fashion show at 154 Scott in Brooklyn during New York Fashion Week on February 13, 2024 in New York City. James Devaney | GC Images | Getty Images Country music, meet Cowboy Carter. Superstar singer-songwriter Beyoncé Knowles is foraying into country music — taking on a genre that has excluded women […]
This NFL player tried to buy a Tesla Cybertruck for $100,000 over asking — and was blocked by his financial adviser
Ji’Ayir Brown, who played in the most recent Super Bowl, wanted to pay extra to get a Tesla Cybertruck early, but his adviser told him not to.
Wegovy heart health approval won’t mean broad insurance coverage yet
Victoria Klesty | Reuters In the U.S., Wegovy is no longer just for weight loss. The blockbuster drug — one of a handful of weight loss treatments to skyrocket in popularity over the last year — is now approved in the U.S. for heart health, too. But that may not translate to wider insurance coverage of […]
