WSJ News Exclusive | ESPN Explores Sports-Betting Deal Worth at Least $3 Billion
Walt Disney Co. ’s ESPN is seeking to license its brand to major sports-betting companies for at least $3 billion...
Month: August 2021
White House More Than Doubles Its Inflation Forecast in New Update
WASHINGTON—The White House more than doubled its forecast for annual inflation in new projections released Friday, as supply-chain disruptions stemming...
Gunmen in Nigeria release schoolchildren abducted three months ago
The students were released after their parents paid a ransom of $140,000 (70 million naira) and gave motorbikes in ransom...
U.S. Household Income Jumped in July as Spending Growth Slowed
U.S. household income rose rapidly last month as the government handed out enhanced tax breaks for parents, priming the economy...
Tanzania women’s team react after President’s remarks about ‘flat-chested’ players
"To those athletes who are flat-chested, one can easily think that they are men," Hassan had said at a state...
A key inflation measure rose at fastest pace in 30 years in July
The price index for American consumer spending, also known as the PCE index, rose at a rate of 4.2% in...
How the ‘Jeopardy!’ Host Succession Plan Went Sideways
So much for the best-laid plans. Nine months ago, Sony Pictures Entertainment executives thought they had an ideal successor for...
Tim Cook gets $750 million bonus on 10th anniversary as Apple CEO
The transactions were revealed in a regulatory filing Thursday, which showed that Cook had acquired and sold more than 5...
China blasts ‘996’ excessive work culture
"Recently, extreme overtime work in some industries has received widespread attention," the Supreme People's Court wrote in its statement, which...
Apple Set to Let App Developers Alert Users to Alternate Payment Methods
Apple Inc. on Thursday announced changes to its App Store regulations that will allow software developers to tell customers how...
Peloton Slashes Price on Exercise Bike, Predicts Slowing Growth
Peloton Interactive Inc. on Thursday lowered by 20% the price of its original stationary bike, a move that comes as...
UK worker shortages could cancel Christmas. Brexit isn’t helping
McDonald's (MCD) has already been forced to take milkshakes off its menu in the United Kingdom and Nando's has closed...
Business Groups Withdraw Suit Challenging Health-Price Transparency Rule
The U.S. Chamber of Commerce and a Texas affiliate withdrew a suit filed to block parts of a federal rule...
World’s Largest Chip Maker to Raise Prices, Threatening Costlier Electronics
The world’s largest contract chip maker is raising prices by as much as 20%, according to people familiar with the...
Hong Kong police investigate Tiananmen vigil organizers
The Hong Kong Alliance in Support of Patriotic Democratic Movements of China must submit personal details of all its directors...
Australia reports record Covid-19 cases as Sydney hospitals set up emergency tents
Sydney, the country's largest city and the epicenter of the current outbreak, is struggling to stamp out a surge in...
Microsoft Hires Former Top Amazon Cloud Executive, Adding to Rivalry
Microsoft Corp. hired a top Amazon.com Inc. cloud veteran and ally of Chief Executive Andy Jassy, according to a company...
Analysis: China wants families to have three children. But many women aren’t convinced
There's just one problem: women aren't too keen on the idea.For more than 35 years, the ruling Communist Party strictly...
OnlyFans Suspends Plan to Ban Sex Videos
The move represents an about-face for a social-media platform that built its popularity on subscriptions to pornographic photos and videos....
ESPN removes Rachel Nichols from NBA coverage and cancels ‘The Jump’
David Roberts, ESPN's senior vice president of production, said in a statement to CNN Business that the sides "mutually agreed...
