A strong balance sheet, like Apple’s, allows for continued growth-oriented investments despite a turn in macroeconomic conditions.
Source
Apple’s new streaming soccer deal shows how strong businesses can grow even in tough times
Business
Skims valued at $5 billion after new funding round as it accelerates store expansion
Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California. Justin Sullivan | Getty Images Kim Kardashian’s Skims brand has raised $225 million in new funding led by Goldman Sachs Alternatives, valuing the shapewear and apparel company at $5 billion — up from roughly $4 billion […]
Read More
Business
WNBA’s Las Vegas Aces coach Becky Hammon says the league may need new leadership
Las Vegas Aces head coach and six-time WNBA All-Star Becky Hammon said it may be time for a change in WNBA leadership. In an interview with CNBC Sport, one month after winning her third NBA Championship with the Aces, Hammon discussed what she described as a “rocky relationship” between Commissioner Cathy Engelbert and many WNBA […]
Read More
Business
Swiss sneaker company On raises guidance again, says it won’t offer Black Friday deal
Logo of Swiss shoemaker On is displayed in a shop in Zurich, Switzerland, Aug. 28, 2025. Denis Balibouse | Reuters On raised its full-year guidance for the third quarter in a row on Wednesday after the Swiss sportswear company posted another three months of double-digit growth, bucking a slowdown in the sneaker market. The company, […]
Read More