DraftKings is making headlines with the introduction of its subscription-based service, DraftKings Sportsbook+, which is set to revolutionize how sports enthusiasts engage with online gaming. Initiated in New York on December 28, this service comes at a time when the sports betting market is rapidly evolving. Priced at $20 per month, the service promises subscribers
Business
In a startling announcement, Hindenburg Research, a well-known short-selling firm, has publicly criticized Carvana’s recent financial recovery as an illusion. This accusation comes in the wake of Carvana’s impressive 400% stock increase in 2023, following a series of cost-cutting measures and operational reshuffles led by CEO Ernie Garcia III. Yet, Hindenburg raises red flags regarding
The air travel industry witnessed a remarkable rebound in 2024, as international travel resumed its previous momentum. The International Air Transport Association (IATA) reported a substantial increase in revenue-passenger miles, a key measure of demand, with figures soaring nearly 11% compared to the previous year. This upswing in demand signals a positive recovery trajectory for
The aviation industry was rocked this past weekend by a tragic accident involving a Jeju Air Boeing 737-800, which resulted in the loss of 179 lives out of 181 passengers on board. The aircraft encountered catastrophic failure while attempting to land at Muan International Airport in South Korea, failing to deploy its landing gear, skidding
The restaurant industry has faced substantial headwinds over the past few years, and 2024 has proven to be particularly challenging. As economic pressures mount, many chains are re-evaluating their business strategies in an attempt to survive. This year has seen a notable increase in closures and bankruptcies, sparking a significant transformation in the landscape of
The tragic crash of Jeju Air Flight 7C2216 serves as a grim reminder of the vulnerabilities and challenges that still plague aviation safety. On a fateful morning, the Boeing 737-800, carrying 181 individuals, met with disaster as it belly-landed on a runway after failing to deploy essential landing features such as flaps and landing gear.
In a shocking turn of events, a Jeju Air flight met with disaster as it attempted to land without its landing gear fully deployed at Muan International Airport in South Korea. This tragic incident resulted in the loss of 179 lives among the 181 souls on board, marking it as one of the most severe
In a significant move signaling a fresh direction for the iconic retailer, Nordstrom Inc. announced on Monday that it would transition to a private company through a buyout deal estimated at around $6.25 billion. This deal, which has garnered unanimous approval from the company’s board of directors, will see the founding Nordstrom family taking a
In an extraordinary turn of events during this holiday season, Netflix achieved a remarkable triumph by breaking records for the most-watched NFL games in the United States, as reported by Nielsen. On Christmas Day, the streaming giant showcased two exclusive NFL matchups, captivating the attention of approximately 65 million viewers nationwide. The standout performances came
The ongoing conflict between corporate giants and their workers has once again taken center stage, this time spotlighting Walmart and its partnership with the work-scheduling platform Branch Messenger. The Consumer Financial Protection Bureau (CFPB) has taken the bold step of filing a complaint against these companies, alleging they systemically exploited over a million delivery drivers.