Major cable standoffs are nothing new, but the ongoing dispute between DirecTV and Disney is particularly impacting sports fans. As negotiations continue, DirecTV customers are left in the lurch, missing out on key games and events. With the NFL’s opening “Monday Night Football” game broadcasted on ESPN, DirecTV customers are facing the possibility of missing
Business
Big Lots, a prominent discount home goods retailer, recently made headlines with its decision to file for bankruptcy. The company cited high interest rates and a slow housing market as key factors that contributed to a decline in demand for its affordable furniture and decor offerings. Big Lots has reached an agreement to sell its
Boeing’s Starliner spacecraft recently undocked from the International Space Station, marking the end of a tumultuous test flight. Originally scheduled to depart months ago, the spacecraft left without the astronauts it had delivered to orbit in June. NASA test pilots Butch Wilmore and Suni Williams were supposed to return home on the Starliner, but instead,
In recent years, there has been a significant resurgence in automakers’ interest in advertising during the National Football League (NFL) season. Companies like Toyota, Hyundai, and the Detroit automakers are all set to capitalize on the popularity of the NFL and its games as key advertising platforms in the upcoming months. Toyota, in particular, has
Starboard Value, an activist investor, has recently taken steps to dissolve News Corp’s dual-class share structure. This move is seen as a challenge to the Murdoch family’s control over the Wall Street Journal parent company. The push was initiated through a non-binding shareholder resolution, indicating a significant shift in the company’s governance. Implications of the
The Green Bay Packers are a standout team in the NFL, not just for their performance on the field, but for their unique ownership structure. Unlike any other team in the league, the Packers are publicly owned, resembling a publicly traded company rather than a privately owned franchise. This ownership model sets them apart from
In the world of professional sports, the value of NFL teams plays a significant role. CNBC has recently released its official NFL Team Valuations, ranking the teams based on their overall franchise value. This ranking, calculated by senior sports reporter Michael Ozanian, takes into account a team’s revenue, profit, and debt to provide an overview
With the return of football season, the sports betting industry is gearing up for what is projected to be a record-breaking year. According to the American Gaming Association, U.S. adults are expected to wager a staggering $35 billion on the NFL this season, marking a significant increase from last year’s numbers. Despite the legalization of
Steph Curry, a four-time NBA Champion, is already setting his sights on life after basketball. In a recent interview with CNBC’s “Squawk on the Street,” the 10-time NBA All-Star discussed his future plans, including his business ventures and aspirations post-retirement. At 36 years old, Curry has established a media company, Unanimous Media, and a youth
Ulta Beauty, a popular beauty retailer, recently faced a setback as its shares plummeted by 7% in extended trading due to falling short of second-quarter expectations and trimming its full-year guidance. The company reported a decline in same-store sales, which resulted in its first earnings per share miss since May 2020 and first revenue miss