Fans of the Dallas Mavericks and New Orleans Pelicans are eagerly anticipating a new way to watch their favorite local games in the upcoming NBA season. Both teams are parting ways with their regional sports networks owned by Diamond Sports, as confirmed by a recent bankruptcy court filing. With the NBA season scheduled to kick
Business
The classic car auction sales during Monterey Car Week experienced a 3% decline from the previous year, signaling a shift in preferences among wealthy collectors. While there is still ample money to spend in the market, it seems that the types of cars that are in demand are changing. Experts suggest that a new generation
The future of Paramount Global is currently hanging in the balance as a result of competing offers from different parties. One of the main contenders in this battle is Edgar Bronfman Jr., who initially offered $4.3 billion for Shari Redstone’s National Amusements, the controlling shareholder of Paramount. This bid included the acquisition of a minority
Ford Motor recently announced a significant shift in its electric vehicle strategy, opting to delay production of a next-generation all-electric pickup truck at a new plant in Tennessee. Additionally, plans for a three-row electric SUV have been canceled. Instead, Ford is focusing on the development of hybrid models and electric commercial vehicles. Ford CFO John
Alaska Airlines has recently announced that its plan to acquire Hawaiian Airlines has cleared the U.S. Justice Department. This comes after an eight-month period where antitrust regulators investigated the deal. The absence of a lawsuit to block the deal signals a significant milestone in the process of combining the two carriers. Before the deal can
California Governor Gavin Newsom has recently signed 10 new bills into law aimed at combating retail crime in the state. These new laws address issues such as shoplifting, theft from vehicles, organized theft, and the resale of stolen goods on online marketplaces. Retailers in California have been vocal about the impact of retail theft on
Starbucks, the renowned coffee giant, is facing a myriad of operational challenges that are impacting its sales and customer service. The influx of mobile orders, long wait times, and overwhelmed baristas have been identified as major issues plaguing the company. As Brian Niccol prepares to take on the role of CEO, the pressure is on
SpaceX is gearing up for its next groundbreaking private mission, the Polaris Dawn mission, scheduled to launch by the end of this month. This mission, bought by billionaire Jared Isaacman as part of his Polaris Program, aims to revolutionize human spaceflight by attempting something never done before in the private sector – a spacewalk. Isaacman,
The unexpected success of “Deadpool & Wolverine” has sent shockwaves through the film industry. With Ryan Reynolds, Hugh Jackman, and Shawn Levy at the helm, this Disney and Marvel collaboration has shattered records, becoming the highest-grossing R-rated title of all time. Surpassing the likes of Warner Bros.’ “Joker,” the film has raked in an impressive
Walmart, the nation’s largest retailer, has been facing challenges in keeping grocery prices down. CEO Doug McMillon highlighted that while prices have fallen for many items in the store, there has been a stubborn persistence of inflation in the aisles carrying dry groceries and processed foods. This category includes popular items like carbonated soft drinks.