Americans will soon be able to use COVIDtests.gov to request four free tests, Biden administration officials said.
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Mavericks, Pelicans games are leaving their local sports networks ahead of NBA season
The Dallas Mavericks and New Orleans Pelicans terminated their deals with Diamond Sports ahead of the NBA season, which begins in October.
Continue readingNBCUniversal is pinning Peacock’s streaming success on its $2.45 billion per year NBA deal
NBC Sports is banking on the long-term success of Peacock and sports as the linchpin to making its $2.45 billion bid for the NBA profitable.
Continue readingLockheed Martin to take struggling spacecraft manufacturer Terran Orbital private in $450 million deal
Lockheed Martin is buying Terran Orbital, the company announced Thursday.
Continue readingWhite House says negotiated prices for Medicare drugs will save U.S. $6 billion, beneficiaries $1.5 billion in first year
It is a milestone in a controversial process that aims to make costly medications more affordable for older Americans but is strongly opposed by drugmakers.
Continue readingWalmart reports its earnings before the bell. Here’s what to expect
Walmart will report its quarterly earnings as economists and investors seek clarity about the consumer and the economy.
Continue readingHome Depot may need an interest rate cut to boost its sales
Home Depot has been hurt by higher interest rates, which have slowed housing turnover and demand for bigger projects.
Continue readingChipotle stock falls as CEO Brian Niccol leaves for Starbucks
Chipotle stock fell 10% in premarket trading Tuesday as the company announced CEO Brian Niccol would be leaving his role on Aug. 31 to become […]
Continue readingHome Depot expects sales to weaken as consumers grow more cautious
Home Depot’s CFO said homeowners are now deferring projects due to a “sense of greater uncertainty in the economy.”
Continue readingDraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street
Earlier this month, DraftKings said it would introduce a surcharge on users in states where taxes on sports betting are highest. FanDuel wouldn’t follow suit.
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