Many technology stocks have gotten crushed in the high-inflation, rising-interest-rate environment of 2022. Some may have further to fall. Investors with shorter-term horizons may wish to steer clear of more volatile, innovative companies, despite outperformance during the pandemic. Those include …
Alert to sports bettors: Beware of the taxman. If you placed bets through betting operators like DraftKings DKNG, +2.07%, Penn National Gaming PENN, +2.74% and Caesars CZR, +4.46% in 2021, you may have to pay taxes. Here’s what you need …
Dear Moneyist, I went to brunch last weekend and, when the server handed us the bill, she said a 20% service fee was added to cover her benefits and health insurance, but that it was not a tip. I am …
The 2022 Masters golf tournament at Augusta National is in full swing. The tournament has welcomed back the sports biggest star in Tiger Woods, who was by-far the most wagered on player at the tournament. Another item the tournament has …
What are the kids into today? New research suggests that most teens own an iPhone and they’re snapping up Nike and Lululemon merch, ordering Chick-Fil-A and shopping on Amazon — and they expect to drop a collective $66 billion doing …
Credit Suisse analyzed the cost of feeding a family of four across its coverage universe and found that pizza chains offer the most affordable options, averaging $15 to $16. And among the big pizza names, Domino’s Pizza Inc. DPZ, -0.66% …
As the owner of a busy diner in the heart of New York City, Stathis Antonakopoulos prides himself on serving freshly prepared food to a loyal clientele. But these days, Antonakopoulos says he’s had to cut some corners to keep …
Papa John’s International Inc. announced a deal on Thursday with Sun Holdings, one of the pizza chain’s largest franchising partners, in which Sun Holdings will take control of 90 locations in Texas. It was only a couple of weeks ago …
During the 2022 season, the NFL will mandate that each of the 32 teams employee a “female or a member of an ethnic or racial minority” on their coaching staff. The league announced teams must hire this individual as an …
Among the U.S. companies attempting to help Ukrainians fleeing Russia’s military assault on their country, Airbnb Inc. has been one of the most prominent. First, the home-rental platform offered to house 100,000 Ukrainian refugees for free, then social-media users turned …
The top gambling regulator in Nevada on Thursday delayed MGM Resorts International MGM, -0.55% stakeholder Barry Diller’s licensing after federal authorities launched insider-trading investigations into his share purchases of Activision Blizzard Inc. ATVI, -0.29%. Nevada Gaming Commission Chairwoman Jennifer Togliatti in a public meeting …
Starbucks Corp. announced Wednesday that Chief Executive Kevin Johnson will retire after 13 years with the company, and Howard Schultz, the company’s founder and former CEO, will take on the role again on an interim basis. Schultz will also rejoin …