Casino owner Penn Entertainment is ditching Barstool for a $2 billion deal with ESPN
Casino owner PENN Entertainment has dropped Barstool, the sports website, agreeing to a $2 billion dollar deal with ESPN to create ESPN Bet.
2023-08-09 06:19
WeWork says it has 'substantial doubt' about its ability to stay in business
"Substantial doubt exists" about WeWork's ability to continue to stay in business, due to the company's losses, projected cash needs, and increased member turnover, according to the company's second quarter earnings release.
2023-08-09 05:57
‘Native American’ or ‘Indigenous’? Journalism group rethinks name
The Native American Journalists Association is aiming to become more inclusive as its members vote on whether to rebrand as the Indigenous Journalists Association
2023-08-09 03:28
Zoom, which thrived on the remote work revolution, wants workers back in the office part-time
Zoom became a symbol of remote work during the pandemic but the company is now joining a growing return-to-office trend
2023-08-09 01:20
Burger King's next challenge: Getting people in the door
Burger King's sales have grown as it works to turn around its business. But it still has a problem: Not enough customers.
2023-08-09 00:47
Here's who is on strike in LA, and what it means for Angelenos
The city of Los Angeles is on strike. A growing number of unions seeking improved conditions for their employees are halting movie productions in the city, holding up hotel business, potentially disrupting supply chains, and slowing down the airport.
2023-08-09 00:22
Regulators fine Wall Street firms $549 million for using WhatsApp and other channels to discuss business
Wells Fargo and a slew of other Wall Street firms admitted Tuesday to using WhatsApp, Signal and other messaging platforms for "off-channel" communications in violation of federal recordkeeping requirements.
2023-08-08 23:29
Italy slaps 40% one-off windfall tax on its banks
Italy dealt a surprise blow to its banks and sent shockwaves across the sector in Europe by setting a one-off 40% tax on profits reaped from higher interest rates, after reprimanding lenders for failing to reward depositors.
2023-08-08 21:20
Taylor Swift friendship bracelet trend has Etsy shop owners cashing in
Jamie Thompkins works full-time as an events manager in Oklahoma City, Oklahoma, but stays up well past midnight to work on her budding side hustle: making friendship bracelets for Taylor Swift concert goers.
2023-08-08 19:59
Moody's warns it could cut credit ratings of 6 big US banks
Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.
2023-08-08 19:52
Here's what CEOs are saying about consumer spending
Consumer resilience has helped keep the economy strong through the Federal Reserve's interest rate hiking cycle. But is that strength holding, or is it faltering?
2023-08-08 19:24
Thousands of flights are delayed or canceled following severe storms
Thousands of flights have been delayed or canceled Tuesday following a round of severe storms that hammered the eastern United Sates.
2023-08-08 19:17