Norfolk Southern fires its CEO over relationship with another executive
Railroad operator Norfolk Southern Corp. fired Chief Executive Alan Shaw on Wednesday, following an investigation into allegations of misconduct.
Streaming deals are key to future of NFL viewership, fandom
The National Football League’s bet on streaming is paying off — and helping to broaden its fanbase in the U.S. and globally. Hans Schroeder, the NFL’s executive vice president of media distribution, said at CNBC x Boardroom’s Game Plan sports business event on Tuesday that the league’s recent slew of exclusive streaming deals with media […]
The job market is getting tougher for workers — but they may be gaining in the battle over remote work
Some bosses appear to be backing off strict mandates for employees to work a fixed number of days in the office.
Restaurant chain BurgerFi files for Chapter 11 bankruptcy protection
A BurgerFi location is seen on August 20, 2024 in Arlington, Virginia. Tierney L. Cross | Getty Images BurgerFi filed for Chapter 11 bankruptcy protection on Tuesday, less than a month after it warned investors it had “substantial doubt” about its ability to operate. The company joins the growing list of restaurant chains that have […]
Live shopping is coming to the red carpet
When viewers tune in to the 2024 MTV VMAs on Wednesday night, they’ll be able to shop the outfits and designer looks they’re seeing in real time, as legacy media companies look for new ways to monetize content. As part of a new partnership between Paramount Global — the parent company of cable TV network MTV […]
Treasury yields rise from 2024 lows after August CPI inflation report
Treasury yields bounced off their lowest levels of the year after Wednesday’s data showed a key component of the August consumer-price index coming in higher than expected, reducing the likelihood of a big interest-rate cut by the Federal Reserve next week.
Women’s sports are on an upward trajectory as fans, brands engage
Indiana Fever guard Caitlin Clark, #22, drives to the basket against Atlanta Dream guard Destanni Henderson, #33, during a WNBA preseason game at Gainbridge Fieldhouse in Indianapolis, Indiana, on May 9, 2024. Brian Spurlock | Icon Sportswire | Getty Images The fervor and passion surrounding women’s sports aren’t going to go away, said Jessica Berman, […]
The market has pronounced a winner from Tuesday’s debate, and it’s Kamala Harris
Financial markets early Wednesday were moving in a way consistent with reduced likelihood of a second Donald Trump presidency.
No signs of slowing down for sports betting, industry leaders say
A DraftKings Sportsbook logo is posted on the right field wall of Chicago's Wrigley Field before a game between the Chicago Cubs and Philadelphia Phillies on Sept. 27, 2022. John J. Kim | Tribune News Service | Getty Images Sports betting is continuing its integration into modern sports culture, and industry leaders do not expect […]
These maps show the oil and gas infrastructure in Francine’s path
Oil took a hit on Tuesday, with U.S. and global benchmark prices dropping to their lowest levels in more than two and half years as demand worries took center stage, but global supplies may soon take the spotlight as a potential hurricane churns in the Gulf of Mexico.
