FanDuel Group, Major League Baseball Announce Sports Betting Partnership

FanDuel Group and Major League Baseball (MLB) Thursday announced a multi-year partnership designating FanDuel as an authorized gaming operator of MLB. This is a landmark deal for FanDuel as it marks the company’s first partnership with Major League Baseball or an MLB team. The partnership provides FanDuel access to official MLB data, along with league […]

Private Equity Firm Norwest Invests In Vuori

Norwest Venture Partners on Thursday announced it has made a minority equity investment in Vuori, a performance apparel brand based in Encinitas, CA. Financial terms of the investment weren’t disclosed.

2019’s Best Cities For Soccer Fans

With the U.S. Open Cup final coming up at the end of August and the U.S. Women’s National Team having won the World Cup this year, WalletHub today released its report on 2019’s Best Cities for Soccer Fans as well as accompanying videos. To find the best places for loving— for many, the world’s favorite sport—WalletHub compared […]

Avenatti Files Motion Accusing Nike of Zion Payment

Lawyers for Michael Avenatti on Wednesday filed a motion in federal court alleging that an employee with Nike’s Elite Youth Basketball (EYBL) division authorized payments to former Duke star Zion Williamson and ex-Indiana star Romeo Langford when they were still in high school in February 2017.

FeraDyne Outdoors Appoints John Flanagan As CFO

FeraDyne Outdoors LLC has named John Flanagan as the company’s CFO. Flanagan has more than 25 years of experience in finance, operations and strategy, driving process improvements in both publicly traded and private companies.

JCPenney Announces Stacey Shively As SVP, GMM Home

J. C. Penney Co. Inc. on Thursday announced that Stacey Shively, a senior executive with nearly 25 years of retail merchandising experience, has been appointed to senior vice president, general merchandise manager for its home division, effective Sept. 9.

JCPenney Reaffirms Outlook Amid Narrowed Loss

J. C. Penney Co. Inc. on Thursday announced a net loss in its fiscal second quarter ended August 3 of $48 million, or a loss of 15 cents per share, which beat Wall Street’s expectations by 17 cents. The company, which reaffirmed its outlook for fiscal year 2019, narrowed its loss from the year-ago quarter of $101 million, or a loss of 32 cents per share.