The Kentucky Derby, long known as “the most exciting two minutes in sports,” may be on its way to becoming some of the most expensive two minutes in sports. Ticket…
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Business
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Business
Social Security now expected to run short on funds in 2035, one year later than previously projected, Treasury says
by adminThe trust funds the Social Security Administration relies on to pay benefits are now projected to run out in 2035, one year later than previously projected, according to the annual trustees’…
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Business
Former Starbucks CEO says company needs to revamp its stores after big earnings miss
by adminFormer Starbucks CEO Howard Schultz weighed in Sunday on the coffee chain’s dismal latest quarterly report, saying he believes the company will recover if it improves its U.S. stores. Schultz, who no…
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Business
Sony and Apollo send letter expressing interest in $26B Paramount buyout as company considers Skydance bid
by adminSony Pictures and private equity firm Apollo Global Management have sent a letter to the Paramount Global board expressing interest in acquiring the company for about $26 billion, according to people familiar…
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Arcade chain Dave and Buster’s plan to allow customer betting isn’t winning over everyone. Software company Lucra Sports announced on Tuesday that it was working with the entertainment chain to allow customers…
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Business
The U.S. labor market is shifting toward skilled labor as white-collar hiring slows
by adminAmerica’s job market increasingly appears to be splitting into two tracks, economists say, alongside a steady demand for skilled workers and a flagging interest in hiring more ‘knowledge-based’ professionals. The…