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.
Continue readingHome 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.
Continue readingNFL 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.
Continue readingEli 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.
Continue readingBitcoin 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.
Continue readingRestaurants 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.
Continue readingCava 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.
Continue readingFDA 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 […]
Continue readingPeloton 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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