Audi, the premium automotive brand under the Volkswagen group, has recently announced its official partnership with Inter Miami CF, a South Florida soccer club. This move comes as Audi aims to tap into the rapidly growing soccer fan base in the United States. According to Emilie Cotter, Chief Marketing Officer of Audi of America, Inter
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The upcoming Summer Olympics in Paris are creating a buzz in the sports betting industry. With legal gambling becoming more widespread in the U.S., sportsbooks and daily fantasy operators are gearing up to capitalize on the gaming opportunities presented by the global event. The games are scheduled to begin on July 26, and experts predict
The Federal Trade Commission is reportedly gearing up to take legal action against three of the largest U.S. health companies that operate as middlemen in negotiating medication prices. These companies, which include UnitedHealth Group’s Optum Rx, CVS Health’s Caremark, and Cigna’s Express Scripts, are accused of engaging in practices that drive up costs for patients.
As the NASA astronauts continue to be docked at the International Space Station beyond their scheduled stint, concerns have been raised regarding the contingency plans for their return. While Boeing’s Starliner was initially the primary choice for bringing the crew back to Earth, recent developments have warranted a reevaluation of the available options. Potential Alternatives
Costco, the popular membership-based warehouse club, recently announced that it will be increasing its membership fees in the U.S. and Canada. Beginning September 1, the annual membership fee will rise from $60 to $65, while the higher-tier “Executive Membership” will increase from $120 to $130 per year. This fee increase will impact approximately 52 million
Walmart recently announced the opening of five automated distribution centers for fresh food across the country as part of its efforts to enhance efficiency and keep up with the growing demand for online grocery shopping. These new facilities, which are approximately 700,000 square feet each, are equipped with cutting-edge automation technology to handle chilled and
In an exciting development for the nonalcoholic brewing industry, Athletic Brewing Company has secured an additional $50 million in equity financing, with General Atlantic leading the round. This funding is expected to support the company’s expansion plans and increase production capacity to meet the growing demand for nonalcoholic beer. According to Athletic CEO Bill Shufelt,
Recently, Boeing has agreed to plead guilty to criminal fraud in connection to the fatal crashes of the 737 Max. This decision, while branding the U.S. aerospace giant as a felon, allows them to avoid trial as they attempt to navigate through safety and manufacturing crises. The plea deal stipulates that Boeing could face a
The airline industry is facing a disconnect between record summer travel demand and their profitability. Despite some carriers forecasting record demand and revenue, higher labor and other costs are eating into their bottom lines. This disconnect is becoming more prominent as airlines are adapting to slower demand growth and other challenges. Some carriers have even
The recent agreement between Paramount Global and Skydance signifies a significant shift in the ownership of the renowned movie studio and media company. The merger, which involved intense negotiations and unexpected developments, will result in the Redstone family relinquishing control of Paramount. This move marks a new beginning for the company, with the potential to