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Under Armour announced Wednesday CEO Stephanie Linnartz is stepping down from her role just over a year after she started and founder Kevin Plank will return as the brand's chief executive.
Activist investor Nelson Peltz has sold his entire stake in Disney, a person familiar with the matter tells CNBC.
Boeing is replacing the head of its 737 Max program, less than two months after a panel blew out on one of the jet models during an Alaska Airlines flight, prompting a federal grounding and heightened scrutiny of the plane maker's operations.
Sports streaming platform FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced joint venture, citing what the company calls "extreme suppression of competition in the U.S. sports-focused streaming market," according to a copy of the lawsuit obtained by CNBC.
Activist investor Carl Icahn on Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue spiked more than 15% in extended trading.
Paramount CEO Bob Bakish announced layoffs at the media company Thursday, citing a need to "operate as a leaner company and spend less."