The recent presidential election has left many industries pondering their future, including the clean energy sector. While stakeholders awaited clarification on Vice President Kamala Harris and former President Donald Trump’s plans for handling various issues such as the economy, inflation, and job growth, the uncertainty surrounding clean energy lingers. Despite a boost from the Biden
Business
With the success of the 2024 Olympics and Paralympics in Paris, all eyes are now turning to Los Angeles for the 2028 Summer Games. Los Angeles Mayor Karen Bass expressed her concerns about the preparations the city needs to make for the upcoming event, emphasizing the need to improve public transportation infrastructure. She envisions a
After 17 years as the chair of Wendy’s, Nelson Peltz has made the decision to step down, effective immediately. This change comes at a time when Wendy’s has been facing challenges due to a decrease in consumer spending on eating out, resulting in a decline in sales. With Peltz’s departure, the fast-food chain is now
The ongoing battle between DirecTV and Disney is about to hit a fever pitch, as millions of DirecTV customers may miss out on the opening “Monday Night Football” game on ESPN. The standoff arises from a disagreement over fees and bundling that started on Sept. 1, causing Disney’s TV networks, specifically ESPN, FX, and ABC
Big Lots, a discount home goods retailer, recently announced their bankruptcy filing due to a variety of factors that have significantly impacted their business. The company, known for its low-priced furniture and decor, has faced challenges with high interest rates and a sluggish housing market, leading to a decrease in demand for their offerings. As
Boeing’s Starliner recently undocked from the International Space Station, several months later than originally planned. Interestingly, the capsule left without the two astronauts it initially delivered to orbit in June. NASA made the decision for the test pilots, Butch Wilmore and Suni Williams, to remain at the ISS until early next year. Upon their return
The National Football League season has once again become a goldmine for automakers as they rush back into advertising after a recent slowdown. Prominent companies like Toyota Motor Corporation, Hyundai Motor Company, and the Detroit automakers are seizing the opportunity to capitalize on the NFL and its games as their primary advertising platforms in the
The activist investor Starboard Value has taken a significant step by moving to dissolve News Corp’s dual-class share structure, shaking up the Murdoch family’s control over the Wall Street Journal parent company. This move, according to sources familiar with the matter, was made through a non-binding shareholder resolution. As of September, Rupert Murdoch, the head
The Green Bay Packers are an anomaly in the world of professional sports ownership, as they are the only National Football League team with an ownership structure that resembles a publicly traded company. With a valuation of $6.3 billion, the Packers stand as the 12th most valuable NFL franchise, according to CNBC’s Official 2024 NFL
As CNBC introduces its Official NFL Team Valuations, it’s evident that the business of professional football is a lucrative one. The rankings provided by CNBC’s senior sports reporter, Michael Ozanian, give a glimpse into the financial aspect of NFL teams, considering factors such as revenue, profit, and debt. The average value of an NFL team