Breaking News: Business

Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal

Hanesbrands agreed to sell its global Champion business to Authentic Brands Group in a transaction valued at $1.2 billion, including…

Ron Baron, big Tesla shareholder, supports Elon Musk’s $56 billion pay package

Billionaire investor Ron Baron, longtime Tesla bull and shareholder, wrote an open letter in support of CEO Elon Musk’s controversial…

Dubai Mall, one of the world’s largest, is getting even bigger with a $400 million expansion

DUBAI, United Arab Emirates — The Dubai Mall, one of the largest malls in the world, is set to get…

How Roaring Kitty’s wealth went from $53,000 to nearly $300 million — and could one day top $1 billion

Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. This week,…

‘Roaring Kitty’ post seems to show trader held on to giant GameStop stake after Monday’s rally

Meme stock leader Keith Gill, who’s behind GameStop‘s recent roller-coaster ride, appeared to hold on to his large position in…

E-Trade is debating whether to ban meme stock star Keith Gill from its platform, WSJ reports

E-Trade is having internal discussions about whether to ban Keith Gill — the meme stock trader who just disclosed a…

Dinesh D’Souza election fraud film, book ‘2000 Mules’ pulled after defamation suit

WASHINGTON — The conservative gadfly Dinesh D’Souza’s film and book “2000 Mules,” which pushes false conspiracies about voter fraud in…

Bill Ackman selling stake in Pershing Square at $10.5 billion valuation, aiming for IPO one day

Billionaire investor Bill Ackman is selling a 10% stake in Pershing Square, aiming to eventually take his investment firm public.…

Kohl’s stock plummets more than 20% after massive earnings miss

Kohl’s shares plummeted more than 20% Thursday after the company posted a surprise loss per share, coming in well below…

Jim Chanos calls suit accusing him of embezzling funds ‘baseless and defamatory’

Famed short seller Jim Chanos called a lawsuit accusing him of embezzling funds for personal use, “false, baseless and defamatory.”…