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Former Amazon executive Dave Clark on Wednesday announced that he will resign as CEO of U.S. logistics startup Flexport about a year after he joined the company. The Wall Street Journal reported that Clark is preparing for a potential run for Texas governor, a topic he did not address in his statement. "As the founder, (Petersen) expressed a desire to have a leader take the company to the next level ... I came to Flexport to do big things and that's where I believe we were headed," Clark wrote in a post on the social media site X, formerly known as Twitter...

“Founders have the right to change their minds,” Clark said in the surprise announcement that he was leaving Flexport...

With such a strong start to the year, it is possible that stocks will move higher unperturbed by the seasonal trends...

As Netflix continues to lead the streaming space, it's also the biggest target for subscribers leaving the service...

Shares of Celsius Holdings (NASDAQ: CELH) gained 35.5% in August, according to data from S&P Global Market Intelligence. The company's distribution partnership with PepsiCo (NASDAQ: PEP) is paying off in spades. CEO John Fieldly said that the skyrocketing growth rested on "expanded availability and increased consumer awareness."...

New European Union rules will rewrite the basic tenets of business on the internet and on mobile, upending how Big Tech makes money and how consumers access these services. The Digital Markets Act (DMA) is one of the world's toughest pieces of legislation targeting the world's top technology companies' market clout and is aimed at making it easier for people to move between competing services – such as social media platforms, internet browsers and app stores. On Wednesday, the EU Commission designated 22 services of the major tech companies as "gatekeepers" of online services...