The Florida Panthers, the reigning National Hockey League Stanley Cup champions, have announced a significant shift in their television broadcasting arrangements. After gaining immense popularity and success in recent years, the Panthers have decided to part ways with the cable TV regional sports network that has been their long-term home. Instead, they have signed a
Business
General Motors has recently reported its best quarterly sales in over three years. The Detroit automaker recorded sales of 696,086 for the second quarter, marking a 0.6% increase from the previous year. Notable increases were seen in full-size pickup trucks and all-electric vehicles, with EV deliveries jumping by 40% to 21,930 units. Despite these positive
Boeing’s decision to purchase Spirit AeroSystems in an all-stock deal worth $8.3 billion has been seen as a strategic move to improve safety and quality control within the aerospace company’s operations. The deal, which includes paying $37.25 a share in Boeing stock for Spirit, marks a significant step towards enhancing production systems and workforces alignment
Disney and Pixar’s “Inside Out 2” have reached a milestone by becoming the highest-grossing film of 2024, entering the elite billion-dollar club. Surpassing the $1 billion mark globally is no small feat, especially in the competitive landscape of the film industry. This achievement has not only solidified the film’s success but also set a new
In a time where the film industry is struggling to find content and retain audiences, Fathom Events has defied the odds by posting record revenue gains. This joint venture between AMC, Regal, and Cinemark has been a beacon of hope for the box office, bringing alternative content to the big screen for over two decades.
The world of food is constantly evolving, with new trends emerging at a rapid pace. One of the latest trends that was on display at the Summer Fancy Food Show is the rising popularity of fish as a protein option. Traditionally, fish was not considered a mainstream protein choice, but that is changing. Exhibitors showcased
Athletes competing at the U.S. Track & Field Olympic Trials this year are making waves not only for their impressive performances but also for their unique approach to sponsorship. The Unsponsored Project, spearheaded by apparel company Bandit Running, has taken a stand against the traditional sponsorship model by providing unsponsored athletes with logo-less, all-black gear.
Boeing and NASA recently announced that the first Starliner crewed flight, carrying astronauts Butch Wilmore and Suni Williams, will be staying at the International Space Station for an extended period. Initially planned for a nine-day mission, the Starliner flight has now exceeded 24 days due to the decision to conduct additional testing on the ground.
John Donahoe, the CEO of Nike, is currently facing a significant crisis as Wall Street starts losing confidence in his leadership. After a disappointing fiscal year, Nike warned that their sales for the current quarter are expected to decline by 10%, a far worse result than the 3.2% drop that was projected by LSEG. As
In recent years, the cost of prescription medications in the U.S. has been steadily on the rise, with a staggering 37% increase since 2014. This surge in prices far outpaces the rate of inflation, creating a significant financial burden for consumers across the nation. The average American now spends $16.26 out of pocket per prescription,