NFL will fine more than 100 players for reselling Super Bowl tickets at a profit
Violators will be fined up to 2 times the face value of the tickets and could lose the ability to purchase future NFL tickets, according to a memo.
Finance (old posts, page 729)
Trump says he believes Powell is ready to start lowering rates
Trump on Friday expressed confidence the Fed will start cutting, a day after he met with central bank Chair Jerome Powell.
Volkswagen cuts guidance after taking $1.5 billion hit from U.S. tariffs in first half
Europe's biggest carmaker posted a sharp drop in second-quarter profit, primarily due to high costs from increased U.S. import tariffs.
Auction sales fall 6% in the first half, raising fears of an art market shift
Auction sales have been declining for the third year in a row and are down 44% — or more than $3 billion — from the first six months of 2022.
Centene posts surprise loss as medical costs surge
Centene, which largely focuses on government-sponsored plans, posted a medical cost ratio (MCR) of 93% for the quarter, well above Wall Street expectations.
Europe's companies sound alarm over tariff hits amid scramble to strike U.S. trade deal
Several European firms have downgraded their guidance due to the impact of White House trade policies.
Textiles to whisky: U.K.–India 'historic' deal is set to boost bilateral trade by over $34 billion a year
The deal was signed in the presence of Indian Prime Minister Narendra Modi and his UK counterpart, Keir Starmer.
Puma shares plunge 17% after full-year sales, profit outlook cut on U.S. tariffs
The sportswear brand said it expects full-year sales to decline by a low-double digit percentage this year.
Intel beats on revenue, slashes foundry investments as CEO says 'no more blank checks'
"There are no more blank checks. Every investment must make economic sense," Tan wrote.
FCC approves $8 billion Paramount-Skydance merger
The Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media.