Women’s soccer is bringing private equity off the sidelines. While other major U.S. sports leagues – Major League Soccer, the National Basketball Association, Major League Baseball and the National Hockey League – have allowed private equity investors to take passive, minority stakes, only the National Women’s Soccer League has allowed these firms to take majority
Saks Fifth Avenue store at the Waterside Shops. John Greim | Lightrocket | Getty Images Saks Fifth Avenue parent HBC said on Thursday it will acquire Neiman Marcus Group in a $2.65 billion deal combining the storied retailers. The combination will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus’
In this article GFS Follow your favorite stocksCREATE FREE ACCOUNT The semiconductor industry is recruiting workers in a tight labor market as the competition for talent ramps up and funding from the CHIPS and Science Act designed to spur domestic production continues to be dispersed. It is also staring down a projected shortfall of as
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT The Paramount Studios in Los Angeles on April 29, 2024. Eric Thayer | Bloomberg | Getty Images More consolidation, more problems — that’s the latest fear gripping the theatrical industry. After a monthslong negotiation process, Paramount and Skydance have struck a merger agreement. While the
In this article JBLU SAVE ULCC LUV AAL ALK DAL UAL Follow your favorite stocksCREATE FREE ACCOUNT Passengers pass through O’Hare airport in Chicago, July 3, 2024. Scott Olson | Getty Images Record summer air travel demand isn’t translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report
In this article PARA DIS NFLX WBD Follow your favorite stocksCREATE FREE ACCOUNT A view of the Sun Valley Lodge in Sun Valley, Idaho. Drew Angerer | Getty Images Media and technology titans will convene in Sun Valley this week to lay the groundwork for the future of streaming — and for potential alliances. Allen
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Rescuers work at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia, Monday, March 11, 2019. Mulugeta Ayene | Reuters Boeing has agreed to plead guilty to criminal fraud tied to the fatal 737 Max crashes,
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global has agreed to merge with Skydance, capping off a monthslong negotiation that included various twists and turns, which means the Redstone family will
Courtesy: Walmart When Walmart announced earlier this summer that it would add digital shelf labels to more of its stores, the discounter said the move would cut another tedious task from store workers’ to-do lists. Customers didn’t necessarily see it that way. On TikTok, some criticized the higher-tech price tags as the first step toward
Sky News’ deputy political editor Sam Coates and Politico’s Jack Blanchard are here with their guide to the day ahead in politics. They discuss how the prime minister is tackling his first full week, with the problems facing the new government reportedly outlined in a dossier drawn up by his chief of staff Sue Gray –
Relations between London and Edinburgh have been severely strained for years. The messy relationship soured dramatically in the Boris Johnson era, with public spats and name-calling. Scottish officials have long held the view that some Tory prime ministers felt it was beneath them to meaningfully engage with the first ministers of the devolved nations. UK
Emily Thornberry has been left out of Labour’s new government after more than eight years of serving in its shadow cabinet. The MP for Islington South and Finsbury was most recently Sir Keir Starmer’s shadow attorney general, having been his shadow international trade secretary for about 18 months after he won the leadership contest in
The government is expected to announce new plans to ease overcrowding in jails across England and Wales by the end of this week. Sky News understands one of the core proposals being considered is a lowering of the automatic release point, from the 50% mark in an inmate’s sentence to 40% or 43%. At the
Chancellor Rachel Reeves has announced mandatory housing targets and an end to the onshore wind ban to get “Britain building again”. The UK’s first ever female chancellor said Labour will create a new taskforce “to accelerate stalled housing sites in our country”. She promised her government would build 1.5 million homes over the next five
Inspectors have described the “worst conditions they have ever seen in immigration detention” inside a centre near Heathrow in west London. Chief inspector of prisons Charlie Taylor was so concerned by what he found during the visit in February that he wrote to then Home Secretary James Cleverly but received no reply. The visit to
The new Labour cabinet has a record number of state-educated ministers. Out of 25 cabinet members, just one went to private school and one to grammar, with the remainder – 92% – attending comprehensive school, according to analysis by The Sutton Trust. By comparison, in the cabinets of Rishi Sunak and Liz Truss just 19%
The Conservative Party has announced a reshuffle, as former ministers and returning MPs make the transition into becoming the shadow cabinet. Lord Cameron has resigned from Rishi Sunak’s frontbench, having been foreign secretary before Labour’s victory in Thursday’s election, and has now been replaced in the shadow role by his deputy Andrew Mitchell. Also, despite
Sir Keir Starmer has said his government will have a “different way of doing politics” as he toured the UK’s nations in his first week as prime minister. The UK’s new leader said it is “very important” for him to “reset relations” with Scotland, Northern Ireland and Wales. He kicked off his tour of the
Just days into his premiership, Sir Keir Starmer is heading to the US for a meeting with NATO leaders. We take a look at why he is taking the trip and what might happen when he is there. Why is the prime minister going to Washington? NATO – or the North Atlantic Treaty Organisation –
The Samsung logo is on display at their pavilion during the Mobile World Congress in Barcelona, Spain, on February 28, 2024. (Photo by Joan Cros/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Samsung Electronics jumped to their highest level since January 2021 after the South Korean tech giant said it expects
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