In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association signed an 11-year, $77…
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How Nvidia doubled earnings, lost almost $300 billion in value and shook the stock market
It’s been described as the most important company in the world at the moment. But new concerns surrounding Nvidia, the chipmaker powering the…
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Nvidia’s $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks
Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight. In the U.S.,…
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Football is back, and it’s expected to bring with it record-breaking betting. U.S. adults will wager $35 billion this NFL season, according to…
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Volkswagen braces for showdown with unions after warning of possible German plant closures
German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its home country for…
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Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the Games in a…
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ESPN networks, ABC and Disney channels go dark on DirecTV on a busy night for sports
ESPN has gone off the air on a major carrier for the second straight year during the U.S. Open tennis tournament and in…
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Airlines that spent years clamoring for new jets are changing their tune. Cash-strapped, low-cost and deep discounter airlines are putting off spending billions…
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Care.com settles charges it inflated jobs listings and forced membership renewals
Aug 26 (Reuters) — Care.com, a platform for providing in-home care services to children, older adults and pets, agreed to pay $8.5 million…
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Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so
Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to score the coveted milestone. Shares…