Fanatics outbids DraftKings to acquire the U.S. assets of sports betting site PointsBet.
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Mortgage demand grows, driven by sales of new homes
While applications for mortgages to buy a home rose week to week, they were still down more than 20% compared with a year earlier.
Continue readingRegeneron shares fall after FDA rejects high-dose eye disease treatment
Regeneron said the rejection was “solely due to an ongoing review of inspection findings at a third-party filler.”
Continue readingMore than $200 billion in Covid loans potentially stolen by fraudsters, watchdog says
More than $200 billion in Covid aid disbursed by the Small Business Administration may have been stolen, a federal watchdog said.
Continue readingSevere weather, FAA shortfalls kick off rocky start to summer air travel
United’s CEO blamed FAA staffing shortages for worsening flight disruptions over the weekend.
Continue readingCostco cracks down on membership card sharing
The membership-based warehouse club Costco has noticed an uptick in abuse since expanding self-checkout.
Continue readingStarbucks files labor complaint against union over Pride decor allegations
Starbucks and Starbucks Workers United have clashed over the union’s claims that some stores were not allowed to decorate for Pride month.
Continue readingVolvo just became the latest EV maker to move to Tesla’s charging standard
Volvo Cars is joining a growing EV industry migration to the NACS charging-plug standard originated by Tesla.
Continue readingThe Inform Act takes effect today — here’s how it aims to target organized retail theft
The Inform Act, a bipartisan bill targeting organized retail theft that takes effect Tuesday, requires online marketplaces to disclose the identity of sellers.
Continue readingHere’s how a merger between PGA Tour and LIV Golf would be structured
News of the deal structure comes ahead of a Senate hearing, in which top brass of all the parties have been asked to testify.
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