Dick's Sporting Goods announced it will stop selling assault-style weapons in its stores. The sports retailers will also no longer sell guns to anyone under the age of 21. This announcement comes exactly two weeks after the Parkland school shooting in Florida. In a statement, Dick's CEO Ed Stack called on lawmakers to pass "common sense gun reform." Critics were quick to note that Dick's Sporting Goods pledged to stop selling guns in 2012 following the Sandy Hook school shooting, but later started selling them again. Stack says this time it will be a permanent change.
Amazon is buying doorbell company Ring in a deal reportedly worth $1.1 billion. It's the company's second-largest acquisition, just behind Whole Foods. Ring doorbells have built-in cameras that allow users to see who's at the door remotely. Many speculate this is part of Amazon's push into home security and surveillance products. Last year, the e-commerce giant launched Amazon Key and a new smart cloud camera.
This week, Dunkin' Donuts rolled out a new partnership with the Girl Scouts. For a limited time, customers will be able to order coffee inspired by their favorite Girl Scout cookies. The three new flavors are thin mints, coconut caramel, and peanut buter cookie. Dunkin' Donuts chief marketing officer Tony Weisman told Cheddar he hopes this partnership will inspire young female entrepreneurs. Weisman also talked about the company's new modernized store location, simply called Dunkin'. The new store in Quincy, Massachusetts is one of 30 new Dunkin' locations planned nationwide. The stores will focus on using new technology, including showcasing the company's first drive-thru exclusively for mobile orders.
Plus, iconic choreographer and creative director Laurieann Gibson joins us to talk about her new Lifetime docu-series "Laurieann Gibson: Beyond the Spotlight." Gibson, who has collaborated with famous performers such as Beyonce, Michael Jackson, and Lady Gaga, is giving audiences a sneak peek at the process behind the art. She says people often don't know how much work goes into creating a performance, and she hopes this show will change that. Gibson also talks about her close relationship with Sean "Puffy" Combs. Gibson and Combs have worked together on a number of projects over the years. The show premieres this Friday, March 2 at 10 pm ET on Lifetime.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.
Online broker Robinhood Markets will join the S&P 500 index Online broker Robinhood Markets will join the S&P 500 index as its stock rides higher on a cryptocurrency wave.
