Dick's Sporting Goods will stop selling assault-style weapons in its stores, effective immediately. The sports retailers also will not sell guns to anyone under the age of 21, regardless of local laws. The announcement came from Dick's CEO Ed Stack on Wednesday morning, exactly two weeks after the Parkland school shooting. He said even though the company supports the Second Amendment, they "don't want to be a part of this story."
Amazon is buying video doorbell company Ring in a deal worth $1 billion. That would make this acquisition the second largest ever in Amazon's history, right behind Whole Foods. The e-commerce giant is working on a plan that would allow people delivering Amazon packages entrance inside of an individual's home.
Get ready for "The Fresh Princess of Bel Air." TMZ reports the company that owns the rights to Will Smith's hit 90's sitcom is in advanced talks to reboot the beloved show with a woman in the lead role.
WSJ reporter Ray Smith breaks down why more companies are offering ‘dry’ promotions – a responsibility or title bump with no pay raise – and the pros and cons of accepting them.
Apple says a Justice Department antitrust lawsuit accusing it of engineering an illegal monopoly in smartphones in the U.S. is “wrong on the facts and the law.”
As Reddit shares begin trading at the NYSE, ‘Einstein of Wall Street’ Peter Tuchman breaks down the social platform’s debut and what it means for the overall IPO market in 2024.
CEO and co-founder of Alix, Alexandra Mysoor, discusses why it’s so important for everyone, regardless of income, to both plan and settle their estates.
After the Fed forecast three cuts to come in 2024, Kevin D. Mahn, President and CIO at Hennion & Walsh Asset Management breaks down why the market looks strong, and he sees some reasons for concern in Reddit’s choice to IPO.
Federal Reserve officials signaled that they still expect to cut their key interest rate three times in 2024 despite signs that inflation was surprisingly high at the start of the year.
