The New York Giants’ ownership group is exploring a possible sale of up to 10% minority stake in the team. The Mara and Tisch families have retained Moelis & Company to advise on the potential sale, although no further details will be disclosed. Despite another disappointing season, the team is looking to expand its ownership … Read more
YouTube TV may soon remove all Paramount content from its service, including CBS. This move is part of a carriage dispute between YouTube TV and Paramount over programming costs. The departure of 24 channels will affect millions of subscribers. The issue is not unique to this situation. Content providers often disagree with streaming services over … Read more
Walmart, the world’s largest retailer, has regained its position as the leading e-commerce company in the US, surpassing Amazon for the first time in over a decade. The retail giant’s resurgence is attributed to several key factors, including its expansion into fresh grocery sales and enhanced e-commerce capabilities. In 2022, Walmart reported a significant increase … Read more
US consumer debt has reached a record high, standing at $18 trillion, according to the Federal Reserve Bank of New York. The latest report shows that 3.6% of outstanding debt is currently delinquent, marking the highest rate in almost five years. This increase comes after a period where debt levels were previously on a steady … Read more
US President Joe Biden signed a law banning Chinese-owned social media platform TikTok, but granted a 75-day extension to comply with the ban. The app briefly went dark last month before returning to the US app stores of Apple and Google after receiving assurances from the Trump administration that they would not be held liable … Read more
South Korean director Bong Joon Ho premiered his highly anticipated sci-fi dark comedy, “Mickey 17”, in London on Thursday. This is his first movie since the Oscar-winning “Parasite”. Based on the novel “Mickey7” by Edward Ashton, the film stars Robert Pattinson as Mickey Barnes, a former pastry chef who must die and come back to … Read more
A class action lawsuit has been filed against Edison International (EIX), the parent company of Southern California Edison Company (SCE) and Edison Energy Group, Inc. The lawsuit alleges that SCE’s Public Safety Power Shutoffs (PSPS) program was misleadingly marketed to mitigate wildfire risk, but in reality, may have increased fire danger. The complaint claims that … Read more
A kayaker was briefly scooped up by a humpback whale off the coast of Chile’s Patagonia region before being released unharmed. Adrián Simancas, 25, was kayaking with his father Dell near the San Isidro lighthouse in Bahía El Águila when a whale surfaced and engulfed him and his kayak. Dell captured the incident on video, … Read more
New York Yankees right-hander Marcus Stroman did not participate in the first two spring training workouts, according to manager Aaron Boone. Stroman reported for his physical on Tuesday but chose not to attend the team’s morning workout on Wednesday and Thursday. Boone acknowledged that he had an idea about Stroman’s absence before speaking with him … Read more
US President Donald Trump has reiterated his plan to shut down the US Education Department immediately. Elon Musk’s team, tasked with reducing government spending, has begun auditing contracts and grant programs, including the federal student loan portfolio. Six employees from Musk’s Department of Government Efficiency are currently reviewing operations, auditing student loan data, and searching … Read more