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Discount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor. As part of its Chapter…

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The fight for the future of the Murdoch media empire is about to begin

September 10, 2024

The battle for Rupert Murdoch’s global media kingdom is headed to the biggest little city in the world. Murdoch, the 93-year-old billionaire press baron, reportedly wants to alter the terms…

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Google’s second antitrust trial could help shape the future of online ads

September 6, 2024

A month after losing a landmark antitrust case brought by the Department of Justice, Google is headed back to court to face off for a second time against federal prosecutors. In August, a judge…

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ESPN networks, ABC and Disney channels go dark on DirecTV on a busy night for sports

ESPN has gone off the air on a major carrier for the second straight year during the U.S. Open tennis tournament and in the midst of the first full weekend…

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Biden preparing to block U.S. Steel sale to Japanese company

WASHINGTON — President Joe Biden is preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel, two people familiar with the matter confirmed…

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Red Lobster cleared to exit Chapter 11 bankruptcy

A bankruptcy court approved Red Lobster’s plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. The company, known for its seafood offerings and cheddar biscuits, filed for…

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Why the LA Rams are worth $2 billion more than the LA Chargers

There is a $2 billion gulf growing in Los Angeles. The National Football League’s Los Angeles Rams, No. 2 on CNBC’s Official 2024 NFL Team Valuations list, are worth $8 billion, while the Los…

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NFL’s next big media rights payday is years off — and subject to a shifting industry

In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association signed an 11-year, $77 billion deal of its own. What’s next? Well,…

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How Nvidia doubled earnings, lost almost $300 billion in value and shook the stock market

It’s been described as the most important company in the world at the moment. But new concerns surrounding Nvidia, the chipmaker powering the artificial intelligence revolution — and which this…

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Indian central bank likely selling dollars to prevent rupee from dipping past 84, traders say

MUMBAI (Reuters) – The Reserve Bank of India was likely selling U.S. dollars on Thursday to prevent the rupee from weakening past the key psychological level of 84, four traders…

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Popular Topics

Big Lots files for bankruptcy protection as it promises to keep offering ‘extreme bargains’

The fight for the future of the Murdoch media empire is about to begin

Google’s second antitrust trial could help shape the future of online ads

ESPN networks, ABC and Disney channels go dark on DirecTV on a busy night for sports

Biden preparing to block U.S. Steel sale to Japanese company

Red Lobster cleared to exit Chapter 11 bankruptcy

Why the LA Rams are worth $2 billion more than the LA Chargers

NFL’s next big media rights payday is years off — and subject to a shifting industry

How Nvidia doubled earnings, lost almost $300 billion in value and shook the stock market

Indian central bank likely selling dollars to prevent rupee from dipping past 84, traders say