Topline The Brooklyn Nets traded Kevin Durant to the Phoenix Suns, sending several young players and future draft picks back to Brooklyn for the 13-time All Star, several outlets reported early Thursday— capping Durant’s four-season tenure with the Nets that failed to deliver on the hype but swelled the four-time champion’s pockets. Key Facts Phoenix
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Topline A massive bust of Twitter’s bird logo sold for six figures Wednesday as part of the social media company’s auction of hundreds of items from its San Francisco headquarters, as the firm bought last October by billionaire Elon Musk continues to restructure and grapple with dwindling revenue . Key Facts Bidding for the nearly
Updated Jan 10, 2023, 03:52pm EST Topline Ratings for Amazon and ESPN’s respective primetime NFL broadcasts lagged behind those of its competitors, as the e-commerce giant turned streamer and the Disney subsidiary each struggle to keep pace with the NFL’s basic cable partners Key Facts NBC’s primetime broadcasts averaged 19.9 million viewers during the 2022
Updated Dec 29, 2022, 03:41pm EST Topline Pelé—believed by many to be the greatest soccer player ever who paved the way for the likes of Lionel Messi and Cristiano Ronaldo—died Thursday at age 82 after a long battle with colon cancer, according to his family. Key Facts “Inspiration and love marked the journey of King
Updated Dec 29, 2022, 01:00pm EST Topline Shares of Tesla, one of the worst-performing major stocks of 2022, jumped Thursday amid a broader gain in the stock market, which looks to cap a no good, very bad year on a positive note. Key Facts Tesla shares rose 6.3% to $119.96, building off of Wednesday’s 3.3%
Topline The multimillion-dollar partnership between Nike and NBA star Kyrie Irving is officially over, a spokesperson for the sneaker giant told the Athletic’s Shams Charania on Monday, confirming the breakup a month after the company pulled Irving’s upcoming sneaker after he pushed antisemitic content, and once again proving Irving’s willingness to lose out on millions
Updated Dec 2, 2022, 04:20pm EST Topline Stocks plunged early Friday after the closely watched November jobs report revealed a still resilient labor market, again highlighting the seemingly contradictory need for unemployment to rise for the Federal Reserve to cut back its interest rate hike crusade—which has sent the market into a tizzy. Key Facts
Topline Oil prices fell Monday to their lowest level in 11 months as further uncertainty in China roiled global markets, giving way to a silver lining for Americans’ wallets as U.S. gasoline looks poised to further fall from its record high in an otherwise worrisome sign for the global economy. Key Facts International benchmark Brent…
Topline Russian President Vladimir Putin has sunk his country’s economy outside of the still lucrative oil exports, a Biden Administration official said Monday, as Russia largely retreats from the global economy amid its invasion of Ukraine. Key Facts “All he has is oil, so that’s what funds this war,” Amos Hochstein, an advisor to President…
Updated Oct 25, 2022, 10:29am EDT Topline Shares of German footwear and apparel giant Adidas slid Tuesday after it disclosed a nine-figure loss after breaking off its relationship with rapper Kanye West following his anti-Semitic tirades, an ill-timed public relations nightmare for the firm whose stock was already falling due to slumping sales. Key Facts…