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Oct 24 2024BUSINESS

Brown Trucks Bounce Back: UPS Profits Boost and `Newbies' Driving Growth

Let's talk about UPS, the shipping giant that just wowed Wall Street with its latest earnings report. The company's profit soared in the latest quarter, beating what analysts expected. This happened after UPS said goodbye to its truckload brokerage business, Coyote Logistics. Shares of the company j

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Oct 24 2024BUSINESS

TKO Broadens Horizons: Buys PBR, On Location, and IMG

Big things are happening in the world of sports! TKO Group, the company that's home to WWE and UFC, is diving into new territories. They're snapping up three big businesses from Endeavor Group for a cool $3. 25 billion. These businesses? Professional Bull Riders (PBR), luxury event organizer On Loca

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Oct 24 2024BUSINESS

TKO Expands Sports Empire: Buys PBR, On Location, and IMG

TKO Group, controlled by Endeavor, has announced a big deal. They're buying three major sports and hospitality companies: Professional Bull Riders (PBR), On Location, and IMG. This is all part of an all-stock transaction worth $3. 25 billion. It's like they're adding more stars to their sports team.

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Oct 24 2024BUSINESS

American Airlines' New Tech: Ending Gate Rush Chaos

Ever felt like you're in a race just to get on a plane? American Airlines is trying to fix that with new tech. Instead of people crowding gates early, they're testing a tool that gives gate agents a heads-up when passengers jump the line. This tool is meant to make boarding fairer and smoother. Rem

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Oct 24 2024BUSINESS

Chip Giant Arm Pulls License from Qualcomm: A Tech Fallout

In a surprising turn of events, Arm, a leading British semiconductor company, has revoked Qualcomm's license to use its chip design standards. This action follows a long-standing legal dispute between the two tech giants. Arm's decision, reported by Bloomberg, impacts Qualcomm's ability to access th

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Oct 24 2024BUSINESS

Fly with Virgin, Earn Credit Easy

Ever wished flying could be rewarding? Well, Virgin Australia Business Flyer program is making that a reality. Businesses can score up to $1, 000 in flight credits simply by taking trips. The more flights you make, the more credit you earn. For starters, just two eligible flights get you $50 in Tra

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Oct 24 2024BUSINESS

Dallas Mom Turns Pumpkin Decorating into a Holiday Goldmine

Meet Heather Torres, a 41-year-old stay-at-home mom from Dallas, Texas. She's got a talent for transforming porches intoFall festive masterpieces. This all started back in 2020 when neighbors admired her own home's decor and asked if she could do the same for theirs. Fast forward to now, and Heather

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Oct 24 2024BUSINESS

Sports Giant Reshuffles: TKO Snaps Up IMG, On Location, and PBR

In a significant move, TKO Group Holdings, owned by Ari Emanuel's Endeavor, is buying IMG, On Location, and Professional Bull Riders (PBR). This $3. 25 billion deal, expected to close in the first half of 2025, adds these major sports entities to TKO's portfolio. Endeavor will own about 59% of TKO a

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Oct 24 2024BUSINESS

Space Merger Waves: SES and Intelsat Combine, Shaking the Industry

In October, a major shift in the satellite industry took place with Intelsat's $3. 1 billion sale to its competitor, SES. This powerful pairing, involving the world's two largest geostationary satellite operators, is causing significant ripple effects. Armand Musey, an industry expert from Summit Ri

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Oct 24 2024BUSINESS

Ford CEO’s Surprise: Why He’s Sticking with Xiaomi's EV

You might know Ford as a classic American car company. However, the CEO of Ford, Jim Farley, has a surprise for us. He's been driving Xiaomi’s electric vehicle (EV) for the past six months and he loves it! Farley, who usually avoids talking about the competition, couldn’t help but share his enthusia

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