TKO Group to acquire IMG, PBR and On Location from Endeavor
TKO Group, the company that owns WWE and UFC, is expanding into sports-adjacent properties by acquiring three businesses for $3.25 billion from its controlling owner, Endeavor Group. The businesses are Professional Bull Riders, On Location and IMG, the companies announced Thursday. The deal is all stock, and Endeavor’s ownership in TKO will increase from 53% to […]
Hank Azaria of ‘Simpsons’ fame shares what the show has meant to him financially
The actor, who has voiced many a memorable character on the long-running animated series, is now heading up a Bruce Springsteen tribute band.
Southwest Airlines (LUV) 3Q 2024 earnings
Southwest Airlines‘ third-quarter profit fell from a year ago but topped Wall Street estimates as the carrier worked to drum up revenue and fend off activist investor Elliott Investment Management. Elliott and Southwest struck a deal, announced Thursday, that averts a proxy fight and adds six of the activist’s candidates to the board. CEO Bob […]
‘I have few close friends’: I’m 69, retired, single and have amassed $3.6 million. What should I do with my fortune?
“Many weeks I spend more on my three rescue kitties and one rescue mouse than I do on myself.”
Spirit Airlines stock jumps as carrier plans to sell planes, cut jobs
Spirit Airlines baggage tags are seen near a check-in counter at the Austin-Bergstrom International Airport on April 10, 2024 in Austin, Texas. Brandon Bell | Getty Images Spirit Airlines shares surged Friday after the struggling budget carrier said it would cut jobs and sell aircraft. The stock closed the day 16% higher, at $2.79 per share. The […]
‘She did not even attend his funeral’: My friend married in secret and suddenly died. Does his widow inherit his $1 million home?
“His parents paid for the $50,000 down payment to the house when they purchased it 30 years ago.”
What McDonald’s needs to do next after E. coli outbreak
In this photo illustration, a McDonald’s Quarter Pounder hamburger meal is seen at a McDonald’s on October 23, 2024 in the Flatbush neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images As McDonald’s and health authorities race to contain a deadly E. coli outbreak, the burger chain faces challenges […]
David Einhorn thinks Peloton could be worth $31 a share
David Enhorn pitches Peloton at the Robin Hood Investors Conference. Getty Images (L) | CNBC (R) Greenlight Capital’s David Einhorn thinks Peloton could trade as high as $31.50 a share if the company slashes costs, which could double its current adjusted EBITDA projections, CNBC has learned. That’s about five times the current price of its […]
Moody’s former top lawyer made $54 million and didn’t file his taxes. Now he’s going to prison.
John Goggins was sentenced to eight months behind bars after pleading guilty to willfully failing to file tax returns between 2018 and 2021.
McDonald’s E. coli outbreak: CDC updates case count
A quarter pounder with cheese, fries, and a drink arranged at a McDonald’s restaurant in El Sobrante, California, US, on Wednesday, Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images A deadly E. coli outbreak linked to McDonald‘s Quarter Pounders has led to 75 cases in 13 states, the Centers for Disease Control […]
