As the National Basketball Association (NBA) season approaches, fans of the Dallas Mavericks and New Orleans Pelicans are eagerly anticipating changes in how they will be able to watch local games. Both teams are moving away from their regional sports networks owned by Diamond Sports, as confirmed in a recent bankruptcy court filing. While the
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Auction sales during Monterey Car Week saw a 3% decrease from the previous year, indicating a shift in preference from older classic cars to newer models. The total sales at this year’s five car auctioneers in Monterey dropped to $391.6 million, down from $403 million in 2023. This decline follows a 14% decrease from the
The future of Paramount Global has been thrown into uncertainty with a competing offer from Edgar Bronfman Jr. The special committee at Paramount has decided to extend the “go shop” period by 15 days to review the new offer from Bronfman. Initially, Bronfman offered $4.3 billion for National Amusements, the controlling shareholder of Paramount, with
Ford Motor recently announced that it is delaying production of a next-generation all-electric pickup truck at a new plant in Tennessee. Additionally, the company has decided to cancel plans for a three-row electric SUV. Instead of focusing on these all-electric models, Ford will be prioritizing the development of hybrid models. This strategic shift comes as
Alaska Airlines has successfully navigated the U.S. Justice Department’s regulatory investigation process regarding its acquisition of Hawaiian Airlines. The period for antitrust regulators to review the $1.9 billion agreement between the two carriers has ended without any legal obstacles hindering the deal from moving forward. Despite clearing the U.S. Justice Department phase, Alaska Airlines and
California Gov. Gavin Newsom recently signed 10 new bills into law aimed at combating retail crime in the state. These new laws target shoplifting, theft from vehicles, organized theft, and the resale of stolen goods on online marketplaces. The retail industry has been lobbying for stronger action against retail theft, citing its negative impact on
Starbucks is facing a significant challenge with its mobile ordering system, which has resulted in frustrations among customers, overwhelmed baristas, and declining sales. The incoming CEO, Brian Niccol, will have his work cut out for him when he takes over the role in September. The issue of operational inefficiencies, driven by the influx of mobile
SpaceX is gearing up to launch the next private mission, Polaris Dawn, which is part of billionaire Jared Isaacman’s human spaceflight program, the Polaris Program. The mission is scheduled to take off on August 26 from Florida, marking the first of three flights purchased by Isaacman from SpaceX. This ambitious mission will involve astronauts stepping
The collaboration between Ryan Reynolds, Hugh Jackman, and Shawn Levy in “Deadpool & Wolverine” has proven to be a game-changer in the entertainment industry. Breaking records and surpassing the previously highest-grossing R-rated title, “Joker,” the Disney and Marvel film has garnered an impressive $1.085 billion globally. This success not only demonstrates the Marvel Cinematic Universe’s
In a recent statement, Walmart’s CEO, Doug McMillon, mentioned that prices of groceries and other items have decreased at their stores. However, he pointed out that inflation has been more persistent in the aisles containing processed foods and dry groceries, such as carbonated soft drinks. Despite Walmart pressuring suppliers to reduce costs, some are still