The 2024 season of the Women’s National Basketball Association (WNBA) has marked a groundbreaking period in the league’s history, characterized by a surge in both viewership and attendance. With young talents like Caitlin Clark and Angel Reese capturing the spotlight, a staggering 54 million unique viewers tuned in to WNBA games across various platforms, setting
Business
The U.S. automobile market has faced significant challenges recently, and as we enter the final quarter of 2023, industry forecasts suggest that sales of new vehicles will continue to be sluggish. Economic fluctuations, rising interest rates, and heightened vehicle prices have created a landscape that many potential buyers find daunting. In this article, we delve
In a significant move, businessman Paul Viera has decided to bolster his investment in the San Antonio Spurs, raising his ownership stake from 5% to 11%. This development is reflective of the broader trend within the NBA where valuations are skyrocketing, making franchises more appealing to investors. Viera, who is the founder and CEO of
In an unprecedented move, the U.S. Department of Justice (DOJ) has initiated a civil antitrust lawsuit against Visa, one of the world’s largest payment processors. The lawsuit fundamentally challenges Visa’s business practices, which the DOJ claims maintain an illegal monopoly over the debit card market. This legal action is grounded in accusations that Visa has
As air travel continues to evolve, airlines must adapt their strategies to remain competitive. Southwest Airlines, a carrier celebrated for its low-cost model and customer-friendly policies, now finds itself in a tumultuous financial landscape. The company is grappling with growing pressure to enhance profitability, primarily driven by activist investor Elliott Investment Management. This external influence
In Renton, Washington, an emblematic struggle is unfolding between Boeing and its machinists, marking a significant moment in the intertwining narratives of labor rights and corporate resilience. As nearly 30,000 machinists engage in a prolonged strike, the financial implications for Boeing add yet another layer of complexity to an already tumultuous situation. With rising living
The recent departure of Ted Colbert, the head of Boeing’s defense unit, has sent shockwaves through the aerospace industry. Announced through a memo from CEO Kelly Ortberg, this change marks Ortberg’s first significant move since taking the reins less than two months prior. The decision underscores a pivotal moment for Boeing as it navigates a
American Airlines is currently engaged in significant negotiations to appoint Citigroup as its exclusive credit card partner, marking a critical shift away from its long-standing relationship with Barclays. This decision follows the airline’s merger with US Airways back in 2013, which initially gave rise to a dual-partnership arrangement with both Citigroup and Barclays. American Airlines
Darden Restaurants, a major player in the dining industry, disclosed its quarterly earnings on Thursday, revealing results that fell short of analysts’ expectations. The figures for the quarter ending on August 25 indicate a concerning trend, particularly within their flagship chain, Olive Garden, and the fine dining segment, which includes brands like Eddie V’s and
The Women’s National Basketball Association (WNBA) has taken a bold and significant step by announcing the addition of its 15th franchise in Portland, Oregon. Slated to begin play in 2026, this development marks a pivotal point in the league’s ongoing expansion. The Portland team, which remains unnamed as of yet, will be owned by RAJ