Ryan Lochte Loses All Major Endorsement Deals
Twelve-time Olympic medalist Ryan Lochte has lost all of his major endorsement deals, including Speedo USA and Ralph Lauren, in the wake of the Rio robbery lying scandal. WSJ's Lee Hawkins explains.
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TipRanksConstruction Slowdown Slams Building Supply Shares
Builders FirstSource, one of the hottest stocks of the past year, is getting hammered after reporting a 22.5% decline in first-quarter profit, a sign that high borrowing costs are beginning to slow residential construction. + Shares of the building products supplier have stood out among chip makers and tech firms atop the S&P 500 despite the highest interest rates in a generation. JELD-WEN Holding shares are faring even worse after the window and door maker swung to a quarterly loss and cut its financial outlook.
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