Sports team owners are currently experiencing the dual pressures of escalating team values and the inevitable realities of death and taxes. As the average age of team owners increases and team values reach unprecedented levels, owners and leagues are now focusing more on ensuring a smooth transition of ownership to the next generation of buyers.
admin
Marketplace health insurance has become a crucial lifeline for many younger retirees in the United States, offering lower monthly premiums through the end of 2025. With the boosted tax breaks provided by the government, individuals aged 55 to 64 have been able to take advantage of this affordable health coverage option. However, despite the apparent
Steph Curry, four-time NBA champion and 10-time NBA All-Star, is already looking ahead to his life after basketball. In a recent interview with CNBC’s “Squawk on the Street,” Curry discussed his current businesses and his aspirations for the future. Among his ventures, Curry owns a media company called Unanimous Media, as well as a youth
As the football season kicks back into action, it’s expected to bring in record-breaking betting returns. Projections from the American Gaming Association suggest that U.S. adults will wager a staggering $35 billion during this NFL season. This anticipated figure marks a significant increase of over 30% compared to the $26.7 billion wagered during last year’s
British financial technology firm Zilch recently made headlines by reporting its first-ever month of profit, a significant milestone for the company as it sets its sights on an eventual initial public offering. In a recent trading update, Zilch revealed that it achieved operating profitability in July 2024, just four years after its founding. This achievement
The recent global outage caused by a flawed content configuration update from CrowdStrike has had a significant impact on the cybersecurity software maker’s performance. Despite reporting strong fiscal second-quarter results, the company has seen a 4% drop in its shares in extended trading. This article will delve into the repercussions of the outage on CrowdStrike’s
One of China’s largest and most populous cities, Hangzhou, has emerged as the top-ranking city in the Milken Institute’s best performing cities China index. Known as the capital of the eastern Zhejiang province and home to tech giants like Alibaba, Hangzhou has seen significant growth in recent years. This success can be attributed to its
Nvidia experienced a significant blow on Tuesday, losing $279 billion in market value in a single day. This marks the fifth time the stock has lost over $200 billion in market cap in a single day. The stock plummeted 9.5% and is now down 23.3% since June 20. Despite these losses, Nvidia has seen a
Ulta Beauty’s shares plummeted 7% in extended trading after the company failed to meet second-quarter expectations and revised its full-year guidance due to a decrease in same-store sales. This marked the first earnings per share miss for Ulta since May 2020 and the first revenue miss since December 2020. Comparable sales in the second quarter
On Thursday morning, Gap shares were abruptly halted due to the premature release of the company’s quarterly earnings results. This incident caused uncertainty and confusion among investors, as the information was not intended to be disclosed until after the closing bell on Thursday. The stock trading was paused just before 10 a.m. ET, with Gap’s