Business
Red Lobster cleared to exit Chapter 11 bankruptcy
A bankruptcy court approved Red Lobster’s plan to exit Chapter 11, putting the seafood chain one…
Why the LA Rams are worth $2 billion more than the LA Chargers
There is a $2 billion gulf growing in Los Angeles. The National Football League’s Los…
NFL’s next big media rights payday is years off — and subject to a shifting industry
In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In…
How Nvidia doubled earnings, lost almost $300 billion in value and shook the stock market
It’s been described as the most important company in the world at the moment.…
Nvidia’s $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks
Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s…
NFL season expected to spur record $35 billion in legal sports wagers
Football is back, and it’s expected to bring with it record-breaking betting. U.S. adults…
Volkswagen braces for showdown with unions after warning of possible German plant closures
German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said…
NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off
Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw…
ESPN networks, ABC and Disney channels go dark on DirecTV on a busy night for sports
ESPN has gone off the air on a major carrier for the second straight…
