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UEFA talks about the chances and trends of teams with multiple owners in a $28 billion report. Europe’s soccer business
UEFA said Thursday that more than 300 soccer clubs were part of ownership groups with other teams. This is a trend that was sparked by American investors and could threaten the fairness of European games.
Apple Stock Drop Causes $300 Billion Tech Rout As Nasdaq Hits Month Low
Technology stocks fell Tuesday, a potentially worrying sign as 2023's darlings shed hundreds of billions of dollars.
British scientists say they have found a way to make sure you win the lottery by buying 27 tickets.
A study from UK mathematicians in July said that they had found the number of tickets you would need to buy in the National Lottery to be sure of winning: 27.
Arm Holdings Sets IPO Price at $51 Per Share, Backed by SoftBank
As it gets ready to start trade on Thursday, the move gives the UK chip designer a value of more than $52bn. SoftBank-backed Arm refers to Arm Holdings, a British semiconductor and software design company that is a subsidiary of SoftBank Group Corp. Arm is known for its advanced microprocessor…
Why is Saudi Arabia unilaterally implementing costly oil cuts?
The majority of OPEC+ energy ministers gathered in Vienna over the weekend and consented to maintain the previously agreed-upon reduction in oil production through the end of 2024. The United Arab Emirates received approval to increase hydrocarbon production. However, Saudi Arabia, the most influential member of OPEC, has announced it…
China is important to the U.S. tech industry
In some ways, the U.S. economy in the 1970s was a lot like the U.S. economy today: there was rising inflation, most people were pessimistic about the future of the market, and total productivity kept going down. Back then, there was also a rising economic threat from the other side…
Elon Musk says that Linda Yaccarino will be the new CEO of Twitter.
Elon Musk said on Friday that Linda Yaccarino, who used to work for NBCUniversal in advertising, will take over as CEO of Twitter. Musk, who runs Tesla and Space X, said the day before that he wants to move into the roles of executive chairman and chief technology officer. Musk…
Elon Musk says that America has a lot of problems
The CEO who is worth a billion dollars says that the United States will stop paying its debts. He wants to know when this default will happen, not if it will happen. This argument is what makes Washington and Wall Street nervous. Will the United States stop paying its debt…
Because alcohol is not considered to be a “refreshment,” a court concluded that airline passengers are not entitled to compensation for the cost of two Aperol Spritz cocktails
The claim of a couple who were delayed on a flight and tried to seek compensation for two Aperol Spritz cocktails during the wait was turned down by a German court because the judge determined that alcohol does not qualify as a refreshment. The Amtsgericht Hannover, which is the district…
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