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Golden Knights win Stanley Cup, cementing Vegas as sports city

Mark Stone celebrates with the Stanley Cup after the Vegas Golden Knights won the NHL Stanley Cup Final against the Florida Panthers at T-Mobile Arena in Las Vegas, June 13, 2023. Jeff Speer | Icon Sportswire | Getty Images The Stanley Cup belongs to Sin City. The Vegas Golden Knights, …

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Livestream shopping booms as small businesses hit social media

Last year, Anthony Velez, CEO of Bagriculture, a small business selling pre-owned designer handbags, made up to $100,000 a month across his seven brick-and-mortar stores in New York City. This year, business is much different: Velez has closed all of his physical locations, but he’s generating up to $100,000 a …

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Bed Bath & Beyond and Buy Buy Baby sale and bidding updates

“Everything on Sale” signs at a Buy Buy Baby store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty Images The auction process for Bed Bath & Beyond and its assets was extended once again as discussions progress with potential …

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GM says Tesla charging deal will save the automaker up to $400 million

DETROIT – General Motors CEO Mary Barra said a charging deal with Tesla announced Thursday will save the automaker up to $400 million of a planned investment in building out EV charging in the U.S. and Canada. GM said in October 2021 it planned to spend $750 million on electric …

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Warner Bros. Discovery stock rises for second straight day

Pavlo Gonchar | Lightrocket | Getty Images Warner Bros. Discovery saw its stock rise for a second straight day Thursday, after announcing it had paid down a portion of its debt load this week. The financial update, announced Wednesday, had been overshadowed by the turmoil at its news outlet CNN, …

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CNN seeks new CEO, business strategy after Licht departure

Chris Licht, Chairman and CEO, CNN Worldwide, speaks onstage during the Warner Bros. Discovery Upfront 2023 at The Theater at Madison Square Garden on May 17, 2023 in New York City.  Kevin Mazur | Getty Images Entertainment | Getty Images Warner Bros. Discovery CEO David Zaslav could have selected from …

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PGA Tour, LIV Golf merger creates confusion

The proposed merger between the PGA Tour and its Saudi-funded rival LIV Golf stunned everyone from golfers to Wall Street bankers this week – leaving many with questions about what the merger could mean. The deal was announced following months of feuding and antitrust lawsuits between the two leagues. The …

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Wilson Aerospace sues Boeing over allegedly stole IP for NASA projects

The Artemis 1 mission Space Launch System (SLS) rocket Frank Michaux / NASA Wilson Aerospace, a small family-run tools company based in Colorado, is suing Boeing for a wide range of claims concerning allegedly stolen intellectual property over the last two decades. The company’s lawsuit centers around multiple custom-designed tools …

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PGA Tour, LIV Golf merger a win for Saudis, sparks criticism

The two-year long fight between the PGA Tour and Saudi Arabia’s LIV Golf ended with a stunning announcement that the arch-rivals are now joining forces — news that’s been met with derision by many American commentators, lawmakers and golf fans. The decision, announced on Tuesday, brought to a close a …

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AI poses new threats to newsrooms, and they’re taking action

People walk past The New York Times building in New York City. Andrew Burton | Getty Images Newsroom leaders are preparing for chaos as they consider guardrails to protect their content against artificial intelligence-driven aggregation and disinformation. The New York Times and NBC News are among the organizations holding preliminary …

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