After Birkenstock’s ‘Barbie’ bump, iconic footwear brand seeks a big part in IPO market

[ad_1] The Birkenstock IPO is drawing attention for the company’s recent growth under LVMH-affiliated private equity investor L Catterton’s control. The brand received an extra push from its recent role…

Microsoft’s $13 billion bet on OpenAI carries huge potential along with plenty of uncertainty

[ad_1] When Microsoft first invested $1 billion in OpenAI in 2019, the deal received no more attention than your average corporate venture round. The startup market was blazing hot, and…

Stocks making the biggest moves midday: Signature Bank, First Republic, Oracle and more

[ad_1] A sign is posted in front of Oracle headquarters on June 13, 2022 in Redwood Shores, California. Justin Sullivan | Getty Images Check out the companies making headlines in…

Allbirds admits missteps, unveils new strategy after brutal holiday quarter

[ad_1] A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Footwear retailer Allbirds…

Vita Coco wants its coconut water to be your cocktail mixer — and your hangover cure

[ad_1] Vita Coco water. Tim P. Whitby | Getty Images For nearly two decades, Vita Coco has sold its coconut water to health-conscious consumers as a fresh way to hydrate.…