Economy

Diamond Sports plans to drop 11 MLB teams from Bally Sports networks

Jenny Molina

Diamond Sports is reportedly considering removing 11 Major League Baseball (MLB) teams from its regional Bally Sports networks. This move could significantly reshape sports broadcasts for numerous MLB fans across…

Economy

Nike suspends future financial forecasts and delays Investor Day amid upcoming CEO transition

Jenny Molina

Nike announced a temporary suspension of its financial guidance and a postponement of its next Investor Day, signaling a period of strategic adjustments as it prepares for a change of…

Economy

Saudi Arabia adjusts economic outlook, expects higher deficits

Jenny Molina

Saudi Arabia has revised its economic projections, now forecasting slower growth and higher budget deficits in coming years. This adjustment reflects the government's cautious approach in the face of uncertainties…

Economy

Klarna partners with Adyen to extend “buy now, pay later” services to traditional retailers

Jenny Molina

In a strategic move to improve the shopping experience, Klarna has announced a new collaboration with Adyen, a move set to extend its popular “buy now, pay later” options into…

Economy

American Airlines would have preferred Barclays as Citigroup’s key credit card partner

Jenny Molina

Sources indicate that American Airlines is moving closer to a decision to partner with Citigroup, potentially ending its current relationship with Barclays for a key credit card deal. This strategic…

Economy

China investigates Calvin Klein’s parent company for supply chain problems in Xinjiang

Jenny Molina

The Chinese government has launched an investigation into the operations of Calvin Klein's parent company, focusing on alleged disruptions in the Xinjiang supply chain. This move highlights current concerns regarding…

Economy

Key stocks with significant movements before the market opens: highlights from Micron Technology, Starbucks and CarMax

Jenny Molina

In today's early trading session, several major stocks demonstrated significant activity, attracting the attention of both investors and market analysts. Among them, Micron Technology, Starbucks and CarMax stood out for…

Economy

JPMorgan Chase prepares legal action against federal authorities over Zelle fraud issues

Jenny Molina

JPMorgan Chase is preparing for a legal battle with the US government over its handling of fraud cases linked to the Zelle payment platform. This move highlights a growing concern…