The world of competitive eating has a new champion in the form of Patrick Bertoletti, who recently took home the title at Nathan’s Hot Dog Eating Contest. This annual event, held on July 4th, saw Bertoletti consume an impressive 58 hot dogs in just 10 minutes, earning him the coveted Mustard Yellow Belt in the
Business
The acquisition of Neiman Marcus Group by HBC for $2.65 billion is a bold move that will combine two well-known retailers in the luxury sector. This deal will create Saks Global, a new entity that includes Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus’ department store chain, and Bergdorf Goodman. The CEO of HBC, Richard
Women’s soccer is experiencing a significant shift in ownership dynamics, with private equity firms taking on a more prominent role in the industry. While other major U.S. sports leagues have limited private equity investors to passive, minority stakes, the National Women’s Soccer League (NWSL) has allowed these firms to take majority control of the economics.
Ford has reported a 1% increase in sales during the second quarter compared to the same period last year. This growth was primarily driven by a 5% increase in truck sales, with a total of 308,920 vehicles sold in this category. The F-Series, a flagship line for Ford, contributed significantly to this success, with total
Many travelers have experienced the frustration of flight delays, often blaming bad weather for disrupting their travel plans. However, the reality is that weather conditions, even miles away, can significantly impact flight schedules. Thunderstorms, in particular, can cause delays by forcing airports to issue ground stops and reroute flights to avoid turbulent weather. The unpredictability
In a recent report by CNBC’s David Faber, media mogul Barry Diller has shown interest in acquiring National Amusements Inc., the company owned by Shari Redstone and the controlling shareholder of Paramount Global. Diller’s IAC, an internet media and publishing company, has taken steps towards potentially placing a bid on National Amusements. This move could
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
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