Business

Josh Harris speaks with members of the media during a news conference in Camden, N.J., Tuesday, May 14, 2019. Matt Rourke | AP The Washington Commanders are nearing a sale to an ownership group led by Philadelphia 76ers and New Jersey Devils Owner Josh Harris at just under $6 billion, …

The luxury watch market is well-positioned to avoid a crash as tight supply and a new generation of young collectors drive demand, according to the CEO of Audemars Piguet. Luxury watch prices on the secondary market fell 8% last year, with some top models falling more than 20% from their …

Members of Rise and Resist participate in their weekly “Truth Tuesday” protest at News Corp headquarters on February 21, 2023 in New York City.  Michael M. Santiago | Getty Images News | Getty Images Dominion Voting System’s defamation lawsuit against Fox Corp. and its cable TV networks will go to …

Rent the Runway’s losses narrowed in its fiscal fourth-quarter earnings reported Wednesday as the digital retailer continues to streamline its costs and work towards profitability. Despite the improvements the company has made, its fiscal 2023 and first-quarter outlook fell short of analysts’ estimates. Its share price fell more than 6% …

Billionaire investor Warren Buffett said Norfolk Southern botched the response to its East Palestine, Ohio train derailment in February, an accident that spilled toxic chemicals into the environment. “I think they’ve handled it terribly,” the Berkshire Hathaway chairman and CEO said in an interview with CNBC’s Becky Quick from Tokyo on “Squawk Box” on …

An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing delivered 64 planes last month, the most since December, while some customers continue to await …

Lamborghini’s quick sellout of its new $600,000 hybrid supercar is proof that wealthy car buyers are still spending, according to the CEO. Lamborghini already has a waiting list and two years worth of orders for the Revuelto, its first ever plug-in hybrid that was launched last month, CEO Stephan Winkelmann …

BROOKSVILLE, Fla. — At first glance, this warehouse looks like many: Forklifts unload pallets from the back of dozens of tractor trailers. Canned soup, soda and cleaning supplies whiz by on conveyer belts. Store-bound merchandise gets sorted by department and store aisle before getting stacked high like an elaborate game …

Michael Jordans 1998 NBA Finals Air Jordan XIIIs sneakers are displayed during a press preview in New York on April 6, 2023 at Sothebys for the upcoming auction Victoriam, a special two-part curated collection of sports artifacts. Timothy A. Clary | AFP | Getty Images Michael Jordan’s shoes from Game …

2024 Kia EV9 Courtesy: Kia Motors NEW YORK — Korean automaker Kia on Wednesday unveiled the U.S. version of its upcoming EV9, a three-row electric SUV that will serve as the brand’s flagship model when it launches late this year. The EV9 is a midsize SUV that – like many …