There is a $2 billion gulf growing in Los Angeles. The National Football League’s Los Angeles Rams, No. 2 on CNBC’s Official…
Business
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BusinessEditor's Pick
NFL’s next big media rights payday is years off — and subject to a shifting industry
In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association signed…
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BusinessEditor's Pick
How Nvidia doubled earnings, lost almost $300 billion in value and shook the stock market
It’s been described as the most important company in the world at the moment. But new concerns surrounding Nvidia, the…
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BusinessEditor's Pick
Nvidia’s $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks
Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight.…
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Football is back, and it’s expected to bring with it record-breaking betting. U.S. adults will wager $35 billion this NFL…
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BusinessEditor's Pick
Volkswagen braces for showdown with unions after warning of possible German plant closures
German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its…
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BusinessEditor's Pick
NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off
Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the…
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BusinessEditor's Pick
ESPN networks, ABC and Disney channels go dark on DirecTV on a busy night for sports
ESPN has gone off the air on a major carrier for the second straight year during the U.S. Open tennis…
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Airlines that spent years clamoring for new jets are changing their tune. Cash-strapped, low-cost and deep discounter airlines are putting…
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BusinessEditor's Pick
Care.com settles charges it inflated jobs listings and forced membership renewals
Aug 26 (Reuters) — Care.com, a platform for providing in-home care services to children, older adults and pets, agreed to…