President Trump signed a new executive order targeting college sports, focusing on scholarships for women's and Olympic sports and regulating NIL deals. The order signals a potential federal intervention in college athletics, raising questions about the future of non-revenue sports.
Tesla's shares fell sharply, leading to a $17 billion drop in Elon Musk's net worth. Concerns arise over the impact of expiring EV tax credits on the automaker's revenue and future growth.
In a startling earnings call, Elon Musk warns investors of a challenging transition for Tesla, citing revenue declines and shifting regulations. As the company navigates through these turbulent times, Musk hints at potential recovery by next year. Learn about the key takeaways and what the future holds for Tesla!
In a powerful display of unity, WNBA All-Stars wore shirts demanding fair compensation during the All-Star Game, following failed negotiations for a new collective bargaining agreement. Fans supported the movement with chants and signs.
The shocking cancellation of Stephen Colbert's 'Late Show' by CBS signals a major shift in late-night television. As streaming services rise, traditional networks face tough financial decisions. What does this mean for the future of comedy?
American Express has achieved record quarterly revenue of $17.9 billion, driven by a surge in card member spending. As millennials and Gen Z embrace premium products, the company faces rising expenses but maintains a positive outlook.
WNBA players express disappointment after a crucial meeting with league officials, calling it a 'missed opportunity' for progress in CBA negotiations, while emphasizing the need for fair pay and benefits.
Netflix reported impressive Q2 earnings, exceeding Wall Street's expectations, but its stock dipped in after-hours trading. With a forecast of higher revenue, will Netflix bounce back?
Bank of America posted mixed results for Q2, with earnings beating estimates at 89 cents per share but revenue missing expectations, leading to questions about future growth amid changing interest rates.
A significant surge in U.S. customs duty collections, fueled by President Trump's tariffs, has pushed revenues over $100 billion for the first time, creating a surprising budget surplus. The numbers hint at a new era in U.S. trade policy.