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A bankruptcy court approved Red Lobster’s plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. The company, known for its seafood offerings and cheddar biscuits, filed for…

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Why the LA Rams are worth $2 billion more than the LA Chargers

September 6, 2024

There is a $2 billion gulf growing in Los Angeles. The National Football League’s Los Angeles Rams, No. 2 on CNBC’s Official 2024 NFL Team Valuations list, are worth $8 billion, while the Los…

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NFL’s next big media rights payday is years off — and subject to a shifting industry

September 5, 2024

In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association signed an 11-year, $77 billion deal of its own. What’s next? Well,…

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How Nvidia doubled earnings, lost almost $300 billion in value and shook the stock market

September 5, 2024

It’s been described as the most important company in the world at the moment. But new concerns surrounding Nvidia, the chipmaker powering the artificial intelligence revolution — and which this…

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Nvidia’s $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks

September 4, 2024

Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight. In the U.S., chipmaker Nvidia plunged more than 9% in regular trading,…

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NFL season expected to spur record $35 billion in legal sports wagers

September 4, 2024

Football is back, and it’s expected to bring with it record-breaking betting. U.S. adults will wager $35 billion this NFL season, according to projections from the American Gaming Association. That…

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Volkswagen braces for showdown with unions after warning of possible German plant closures

September 4, 2024

German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its home country for the first time in its nearly 90-year…

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NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off

September 4, 2024

Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the Games in a bid to grab more viewership — especially…

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ESPN networks, ABC and Disney channels go dark on DirecTV on a busy night for sports

September 3, 2024

ESPN has gone off the air on a major carrier for the second straight year during the U.S. Open tennis tournament and in the midst of the first full weekend…

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Where are low-cost airlines cutting back now? New planes.

September 2, 2024

Airlines that spent years clamoring for new jets are changing their tune. Cash-strapped, low-cost and deep discounter airlines are putting off spending billions of dollars on new aircraft to save…

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Popular Topics

Red Lobster cleared to exit Chapter 11 bankruptcy

Why the LA Rams are worth $2 billion more than the LA Chargers

NFL’s next big media rights payday is years off — and subject to a shifting industry

How Nvidia doubled earnings, lost almost $300 billion in value and shook the stock market

Nvidia’s $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks

NFL season expected to spur record $35 billion in legal sports wagers

Volkswagen braces for showdown with unions after warning of possible German plant closures

NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off

ESPN networks, ABC and Disney channels go dark on DirecTV on a busy night for sports

Where are low-cost airlines cutting back now? New planes.