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United Airlines Tumbles 8% as Business and International Travel Recovery Still Far Off
United expects to return to profitability even if long-haul international and business travel demand recover to levels 35% below 2019.
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Peloton's Clash With Agency Over Treadmill Safety Threatens to Tarnish Brand
A public dispute with a federal agency over safety concerns threatens to tarnish the community that Peloton has built.
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Kobe Bryant's Estate May Be Quietly Planning to Launch Its Own Brand
A look at recent trademark filings by the Kobe Bryant estate shows something bigger may be in the works.
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DraftKings Adds Martial Arts Betting Deal With Professional Fighters League
DraftKings agreed to a multiyear deal with mixed martial arts company Professional Fighters League worth under $10 million.
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United Airlines Reports Fifth Consecutive Quarterly Loss While Travel Demand Starts to Recover
United Airlines reported a fifth consecutive quarterly loss but said travel demand has rebounded recently.
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MLB Seeing Record-High Streaming Viewership Despite All-Star Game Backlash
MLB said its MLB.TV service saw more than 1.3 billion minutes of streams through its first three weekends of the 2021 season.
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Nobull, the Athletic Apparel Brand With a Cult-Like CrossFit Following, Raises Cash to Speed Global Expansion
The CrossFit community’s favorite clothing and footwear brand, Nobull, has raised new funding, giving it a more than $500 million valuation, CNBC has learned.
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$19 Million Mansion Sells in Delray Beach, Setting New Local Home Sales Record
A 21,000-square-foot megahome in South Florida is the most expensive non-oceanfront home ever sold in Delray Beach.
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NFL Player LeSean McCoy Wants to Build a Real Estate Empire Using Opportunity Zones
NFL running back LeSean McCoy has 60 properties, some operating under his Vice Capital real estate firm.
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Amazon's ‘Lord of the Rings' Series Will Cost at Least $465 Million for First Season
Amazon’s “Lord of the Rings” could be one of the most costly television series ever made, with its season one price tag coming in at around $465 million.
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NFL Picks Caesars, FanDuel, DraftKings for First Wave of Sports Betting Partnerships
The agreements are worth nearly $1 billion combined for five years, with league options after the third and fourth year.
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As Pandemic Aid Was Rushed to Main Street, Criminals Seized on Covid Relief Programs
A new report estimates overall fraud in the Covid-19 Paycheck Protection Program and Economic Injury Disaster Loan program and grants could reach $84 billion.
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NBA Stars John Wall, Carmelo Anthony Invest in Cannabis Company LEUNE
The California-based company raised approximately $5 million in a funding round that includes NBA power agent Rich Paul.
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Senators Push for Reopening of International Travel, Lift of CDC's Sailing Ban for Cruise Lines
“There is a hesitancy to create a roadmap to reopen international travel,” said Tori Barnes, executive vice president of the U.S. Travel Association.
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Disney Updates Park Dress Code on Hair and Jewelry, Allows Workers to Uncover Tattoos
A new initiative within Disney’s parks division will finally allow cast members to show off tattoos and style themselves in costumes that are gender inclusive.
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Major League Soccer Lands a Top Corporate Sponsorship With Procter & Gamble
P&G will sponsor some top soccer events as part of the five-year deal. These events include the MLS All-Star Game and the Leagues Cup.
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Roblox Shares Up After Gaming Platform Partners With Hasbro for Monopoly and Nerf Products
Toymaker Hasbro said Tuesday it will partner with Roblox, an online video game platform, on Nerf and Monopoly merchandise.
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Hit Series ‘Bridgerton' Renewed for Season 3 and 4 on Netflix
The news comes a week after the formal announcement that leading man Rege-Jean Page would not return to reprise his role as Simon Basset, the Duke of Hastings.
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Boeing's Sales Again Outpace Cancellations, Jetliner Deliveries Pick Up
Boeing posted net positive sales of 40 aircraft last month as more customers ordered Max jets.
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How Alex Rodriguez and Marc Lore's $1.5 Billion Purchase of the Timberwolves Can Rebuild the Team, Boost Diversity in NBA
Former MLB star Alex Rodriguez and ex-Walmart e-commerce CEO Marc Lore haveagreed to purchase the NBA’s Minnesota Timberwolves for approximately $1.5 billion.