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, not much all that soon. While Ultimate Fighting Championship and Formula 1 have deals expiring in 2025, the vast majority of major college and professional...

Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight. In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street. Economic data published Tuesday resurfaced jitters about the health of the U.S. economy. Nvidia shares continued...

Football is back, and it’s expected to bring with it record-breaking betting. U.S. adults will wager $35 billion this NFL season, according to projections from the American Gaming Association. That would mark more than 30% growth over the $26.7 billion Americans wagered over the course of last year’s season of the National Football League, according...

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 of college football. Disney Entertainment channels went dark on DirecTV Sunday night after the sides were unable to reach a new carriage agreement. The move...

Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the Games in a bid to grab more viewership — especially for its growing streaming platform, Peacock. It appears to have paid off so far — more than 30 million people tuned in to NBC’s TV and streaming...

German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its home country for the first time in its nearly 90-year history. Volkswagen’s management is expected to lay out its plans before about 18,000 workers at a town hall meeting in Wolfsburg on Wednesday morning, amid...

Airlines that spent years clamoring for new jets are changing their tune. Cash-strapped, low-cost and deep discounter airlines are putting off spending billions of dollars on new aircraft to save money as they try to return to steady profitability and face the impact of engine repairs. Airlines flooded the U.S. with flights this year, driving...

The NFL’s most exclusive club just let in new members. At a special league meeting in Eagan, Minnesota, on Tuesday, National Football League owners voted in favor of allowing select private equity firms to buy up to a 10% stake of a team. Each fund or consortium will be able to do deals with up...

NASHVILLE, Tenn. — A block away from the neon-lit buzz of Lower Broadway, where honky-tonk pours onto the city’s main drag at all hours, stands the Music City Center, a venue that’s hosted everything from craft beer conferences to a performance by the legendary Dolly Parton. In late July, the complex filled up for something entirely different. It...

Walmart and a Dutch manufacturer are voluntarily recalling apple juice sold under Walmart’s ‘Great Value’ brand because of elevated levels of arsenic. According to a notice updated Friday on the Food and Drug Administration’s website, the recalled products were sold in states on the East Coast and in the southern United States, as well as...