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 […]
Continue readingWall 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.
Continue readingTarget 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.
Continue readingSpaceX’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.
Continue readingUPS 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 […]
Continue readingMacy’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.
Continue readingFDA 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.
Continue readingDraftKings 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 […]
Continue readingMcDonald’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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