Business

Boeing’s Starliner recently made headlines as it undocked from the International Space Station after a significant delay. Originally scheduled to depart much earlier, the spacecraft finally left without the two astronauts it had delivered to orbit in June. This departure came months later than expected, raising questions about the efficiency of the entire mission. The

The Green Bay Packers, a team deeply rooted in tradition and history, have a one-of-a-kind ownership structure that sets them apart from the rest of the National Football League. Unlike the other 31 NFL teams, the Packers are owned by stockholders, making them the only publicly owned team in the four major North American professional

When Jerry Jones bought the Dallas Cowboys for $150 million in 1989, the team was in a dire financial situation, losing $1 million a month. Jones had to take swift action to turn things around, both on and off the field, in order to make the team profitable. Fast forward 35 years later, and the

As Steph Curry continues to dominate the NBA court, he is also looking towards the future. The 10-time NBA All-Star recently discussed his plans for life after basketball in an interview with CNBC’s “Squawk on the Street.” Curry’s vision extends beyond just his basketball career, as he has already started venturing into various businesses and

As football season returns, so does the influx of sports betting, with projections indicating that U.S. adults will wager a staggering $35 billion on the NFL this season. This marks a significant 30% growth from the previous season, setting a new record in the industry. Despite this growth, gambling company stocks are not reflecting the

The year 2024 has witnessed a significant increase in restaurant bankruptcy filings, reflecting a broader trend of corporate bankruptcies across various sectors. At least 10 restaurant chains have filed for bankruptcy so far, with three of them filing for Chapter 11 protection in August alone. This surge in bankruptcies can be attributed to multiple factors,

In a surprising turn of events, airlines that once eagerly anticipated acquiring new jets are now facing financial constraints that are forcing them to rethink their expansion plans. Cash-strapped low-cost and deep discounter airlines are choosing to save money by putting off spending billions on new aircraft. The impact of engine repairs, coupled with the

The landscape of cannabis consumption is evolving rapidly, with luxury stores like The Travel Agency on Fifth Avenue now offering a high-end shopping experience for cannabis enthusiasts. As New York state continues to legalize adult-use marijuana, licensed dispensaries have seen a surge in sales, with over 50 locations in New York City alone. The Travel

The Food and Drug Administration has given the green light for Novavax’s updated protein-based Covid vaccine to be used in individuals aged 12 and older. This authorization opens the door for Novavax’s vaccine to enter the market alongside the offerings from Pfizer and Moderna as we head into the fall and winter months. Novavax’s vaccine

Best Buy, a leading consumer electronics retailer, recently announced its fiscal-year profit guidance after surpassing both earnings and revenue expectations for the previous quarter. The company reported a net income of $291 million, or $1.34 per share, which exceeded Wall Street estimates. Despite a drop in net sales to $9.29 billion from $9.58 billion the