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Category Archives: Uncategorized

Washington Commanders strike stadium naming rights deal with Northwest Federal Credit Union

The home of the Washington, D.C., NFL team has been without a naming rights partner since FedEx ended its deal with the Commanders in February.

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NFL wants a cut of private equity investment profits

NFL owners are planning to vote on a proposal Tuesday that would allow private equity firms to take a maximum 10% stake in teams.

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Home prices hit record high in June on S&P Case-Shiller Index

On a three-month running average ending in June, prices nationally were 5.4% higher than they were in June 2023, according to data released Tuesday.

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NFL expected to vote in favor of private equity ownership; select firms to commit $12 billion

The NFL is the last major sports league to allow private equity investment as rising valuations make it harder for owners to buy in.

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Eli Lilly releases new form of weight loss drug Zepbound for half the price to boost access, supply

Eli Lilly is offering 2.5-milligram and 5-milligram single-dose vials of Zepbound for $399 per month and $549 per month, respectively.

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Bitcoin rally helps create more than 84,000 new crypto billionaires in a year

The surge reflects the rapid growth of bitcoin exchange-traded funds, which now have more than $50 billion in assets since their launch in January.

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Restaurants fight back against the FTC crackdown on ‘junk fees’ as diners balk at new charges

The FTC is trying to crack down on “junk fees.” Restaurants are fighting to keep fees and surcharges on their checks.

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Cava earnings beat estimates as restaurant traffic climbs nearly 10%

The Mediterranean restaurant chain Cava said its fiscal second-quarter traffic climbed 9.5%, bucking industry trends.

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FDA approves updated Pfizer, Moderna Covid vaccines as virus surges; shots to be available within days

The Covid jabs target a strain called KP.2, a descendant of the highly contagious omicron subvariant JN.1 that began circulating widely in the U.S. this […]

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Peloton shares soar 35% as turnaround plan takes hold, losses shrink

Peloton has been working to generate free cash flow and return to profitability, and has made cuts to sales and marketing budgets to improve its […]

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