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FAA head Michael Whitaker to step down before Trump takes office

FAA head Michael Whitaker to step down before Trump takes office

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Federal Aviation Administration Administrator Mike Whitaker listens to a question during a news conference on the FAA’s work to hold Boeing accountable for safety and production quality issues, at the Federal Aviation Administration Headquarters on May 30, 2024 in Washington, DC.  Andrew Harnik | Getty Images The head of the Federal Aviation Administration, Mike Whitaker, […]

FAA head Michael Whitaker to step down before Trump takes office Read More »

Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuring

Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuring

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President and CEO of Warner Bros. Discovery, David Zaslav arrives for the world premiere of “The Flash” at Ovation Hollywood in Hollywood, California, on June 12, 2023. Michael Tran | Afp | Getty Images Warner Bros. Discovery on Thursday announced a restructuring plan to segment its business into linear and streaming units in a move

Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuring Read More »

Whoopi Goldberg aims to raise awareness about women’s sports with new network

Whoopi Goldberg aims to raise awareness about women’s sports with new network

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Hollywood icon Whoopi Goldberg hopes her newly launched All Women’s Sports Network will bring more attention to women’s sports. Goldberg started the network with George Chung, co-founder of international media holding company Jungo TV. It’s the first global media channel dedicated exclusively to highlighting women’s sports and is available in the U.S. on the free

Whoopi Goldberg aims to raise awareness about women’s sports with new network Read More »

Health-care stocks fall as lawmakers, patients push for changes to their business models

Health-care stocks fall as lawmakers, patients push for changes to their business models

Business News

UnitedHealth Group signage is displayed on a monitor on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Shares of major health-care companies fell as much as 5% on Wednesday as investors feared pressure from lawmakers and patients could force changes to their business models. The declining stocks include

Health-care stocks fall as lawmakers, patients push for changes to their business models Read More »

Nike renews its contract with the NFL after league briefly courted other bidders

Nike renews its contract with the NFL after league briefly courted other bidders

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Nike football shoes are seen in a store in Krakow, Poland, on Aug. 29, 2024. Jakub Porzycki | Nurphoto | Getty Images Nike has renewed its partnership with the National Football League for another 10 years after the league briefly opened the bidding process to competitors and held talks with other companies.  Under the terms

Nike renews its contract with the NFL after league briefly courted other bidders Read More »

Albertsons sues Kroger after judge rules against grocery merger

Albertsons sues Kroger after judge rules against grocery merger

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Traders work as screens display the trading information for Kroger Co. and Albertsons Companies Inc. on the floor of the New York Stock Exchange on Oct. 14, 2022. Brendan McDermid | Reuters Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated

Albertsons sues Kroger after judge rules against grocery merger Read More »

Sports Illustrated takes over naming rights of pro soccer venue Red Bull Arena

Sports Illustrated takes over naming rights of pro soccer venue Red Bull Arena

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Rendering of Sports Illustrated Stadium. The New York Red Bulls have a new stadium naming rights partner. On Wednesday, the Major League Soccer 2024 Eastern Conference Champions announced a 13-year naming rights deal with Sports Illustrated Tickets. Effective immediately, the 20,000 capacity Red Bull Arena in Harrison, New Jersey, will be renamed Sports Illustrated Stadium.

Sports Illustrated takes over naming rights of pro soccer venue Red Bull Arena Read More »

SpaceX valuation surges to 0 billion as company buys back stock

SpaceX valuation surges to $350 billion as company buys back stock

Business News

SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched on its sixth test at the company’s Boca Chica launch pad in Brownsville, Texas, on Nov. 19, 2024. Joe Skipper | Reuters The valuation of Elon Musk’s SpaceX hit $350 billion based on a secondary share sale, CNBC confirmed Wednesday. SpaceX, as well as investors,

SpaceX valuation surges to $350 billion as company buys back stock Read More »

NFL approves sale of minority stake in the Philadelphia Eagles at .3 billion value

NFL approves sale of minority stake in the Philadelphia Eagles at $8.3 billion value

Business News

Philadelphia Eagles quarterback Jalen Hurts (1) looks on in the second half during the game between the Carolina Panthers and Philadelphia Eagles on December 08, 2024 at Lincoln Financial Field in Philadelphia, PA. Icon Sportswire | Icon Sportswire | Getty Images The National Football league has approved the sale of a minority stake in the

NFL approves sale of minority stake in the Philadelphia Eagles at $8.3 billion value Read More »

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