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Category Archives: Uncategorized

TKO, the newly merged UFC-WWE, aspires to grow beyond fighting

After an 18-month integration of WWE and UFC, TKO will begin hunting for more live sports-related acquisitions.

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Decongestant found in many cold, allergy medicines doesn’t actually work, FDA advisors say

In a unanimous vote, advisors said oral versions of phenylephrine – a nasal decongestant found in versions of drugs like Nyquil and Benadryl – isn’t […]

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Wall Street sees potential UAW strikes as manageable, with upsides

Wall Street analysts are viewing potential strikes by the UAW union against the Detroit automakers as largely manageable, even investment opportunities.

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Target strikes deal with jeweler Kendra Scott as it gets ready for holiday season

The discounter Target reached the deal with Kendra Scott as it has struggled with slower sales, especially of discretionary merchandise.

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SpaceX’s near monopoly on rocket launches is a ‘huge concern,’ Lazard banker warns

A Lazard investment banker sounded the alarm about the dominance of Elon Musk’s SpaceX in the rocket launch market.

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UPS CEO sells investors on new labor contract as company sees stock slide ahead of holiday peak

UPS is billing the labor agreement with the Teamsters as a win for the company and its workers, as it looks to sell the deal […]

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Macy’s-owned Bloomingdale’s taps international exec Olivier Bron as its next CEO

With the move, the legacy retailer Macy’s is adding an outside perspective and a dash of global flair to its upscale department store, Bloomingdale’s.

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FDA approves updated Covid vaccines from Pfizer and Moderna as hospitalizations rise

The Biden administration said it expects the new Pfizer and Moderna vaccines targeting the omicron variant XBB.1.5 to be available in mid-September. 

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DraftKings apologizes for 9/11 sports bet promo on New York teams

The 9/11 terror attacks killed nearly 3,000 Americans, most in New York. DraftKings offered gamblers a parlay bet on New York teams winning on the […]

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McDonald’s to start focus groups with owners as part of civil rights audit

The audit aims to determine whether the company’s policies have had an adverse impact on McDonald’s U.S. stakeholders.

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