Women’s soccer has seen a significant shift in recent years, with private equity investors taking a keen interest in the sport. Unlike other major U.S. sports leagues, such as Major League Soccer and the National Basketball Association, the National Women’s Soccer League has allowed private equity firms to take majority control of the economics. This
Business
Despite facing challenges in the automotive industry, Ford managed to achieve a 1% increase in sales during the second quarter compared to the same period last year. The highlight of this growth was the 5% gain in truck sales, with a total of 308,920 vehicles sold. This marked Ford’s best second-quarter performance in this category
Flight delays are a common frustration for travelers, often attributing them to bad weather conditions. However, United Airlines is taking steps to provide more transparency and clarity to passengers by introducing a new feature. The airline will now send live radar maps via text messages to travelers, showcasing the real-time weather conditions affecting their flights.
The Florida Panthers, the Stanley Cup champions, recently announced a significant change in their broadcasting strategy. They have chosen to move away from the cable TV regional sports network that has been their home for many years and signed a multiyear deal with E.W. Scripps to air their regular season games on local broadcast networks
Media mogul Barry Diller has recently emerged as a potential suitor for Paramount Global. Diller, who is the chairman of IAC, an internet media and publishing company, is exploring the possibility of acquiring National Amusements Inc., the company owned by Shari Redstone and the controlling shareholder of Paramount. Diller’s IAC has signed a nondisclosure agreement
General Motors recently reported its best quarterly sales in over three years, signaling positive growth for the Detroit automaker. Sales reached 696,086 units in the second quarter, a 0.6% increase from the previous year. Notable increases were seen in full-size pickup trucks and all-electric vehicles, with EV deliveries jumping by 40% to 21,930 units. Despite
Boeing’s recent decision to acquire Spirit AeroSystems in an all-stock deal has raised questions about the motives behind this move. The aerospace giant will pay $37.25 a share in Boeing stock for Spirit, with a transaction value of $8.3 billion. This acquisition is seen as a strategic move by Boeing to improve safety and quality
Disney and Pixar’s “Inside Out 2” have officially joined the prestigious billion-dollar club in the world of animated features. Surpassing $1.014 billion in global box office revenue, the film has not only become the highest-grossing film of 2024 but also the first animated movie since “Barbie” from Warner Bros. to achieve this remarkable milestone. This
In the midst of a content-starved box office and increasingly selective audiences, Fathom Events has defied the odds by posting remarkable revenue gains. This joint venture between AMC, Regal, and Cinemark has been a pioneer in bringing alternative content to the big screen for the past two decades. From classic Hollywood films to live theater
The food industry is constantly evolving, and the latest trends are taking us back to our roots. At the Summer Fancy Food Show, a trade show hosted by the Specialty Food Association, the spotlight was on fish as the hottest protein, honey as the flavor du jour, and game meat as an upgrade to charcuterie