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☆ Calling in sick is now a lot more complicated
▼ + stars: | 2024-09-08 | by ( Polly Thompson | ) www.businessinsider.com time to read: +6 min

But despite their industrious reputation, predominantly white-collar Americans who do receive paid time off are taking more sick leave than ever before. AdvertisementBut HR professionals told Business Insider there's another major shift affecting attitudes toward sick leave: the arrival of Gen Z in the office. He said he believed that Gen Z workers' expectations may seem unorthodox because the differences between Gen Z and millennials are starker than generational differences in the past. Pressure to keep workingIn the UK, where legislation has entitled all workers to sick pay since 1983, the issue of sick leave isn't as pertinent. How to treat a sick employeeThough some data suggests US workers are taking more sick days, they're hardly becoming slackers.

Persons: —, Gen Z, Rue Dooley, Xer, Dooley, Z, Xavier Lorenzo, Getty, Gen, Cary Cooper, Cooper, that's, they're Organizations: Service, US Bureau of Labor Statistics, Business, Society for Human Resource Management, Chartered Institute, Personnel, University of Manchester, Pew Locations: Europe, California

☆ The top 10 NFL football teams are worth a combined $78 billion
▼ + stars: | 2024-09-06 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Top 10 NFL teams are worth a combined $78 billion, with the Dallas Cowboys claiming the top spot. As the NFL season gets underway, here are the most valuable football teams in the league. According to a new analysis from CNBC, the top 10 most highly valued NFL teams are worth a combined $78 billion. AdvertisementThe average NFL football team is worth $6.49 billion, according to the analysis, with the most valuable team hitting an $11 billion valuation, while the lowest valued team, the Cincinnati Bengals, is worth $5.25 billion. Here are the top 10 most valuable NFL football teams, according to CNBC.

Persons: —, Chicago Bears Jim Rogash, Miami Dolphins Raheem Mostert, Doug Murray, New York Jets Mike Stobe, PATRICK T, FALLON, Las Vegas Raiders John Locher, New York Giants Tim Warner, New England Patriots Rich Graessle, Los Angeles Rams Kirby Lee, Dallas Cowboys Ronald Martinez Organizations: NFL, Dallas Cowboys, Service, Kansas City Chiefs, Baltimore Ravens, CNBC, Cincinnati Bengals, Chicago Bears, Philadelphia Eagles Philadelphia Eagles, Miami Dolphins, AP, New York Jets, San Francisco 49ers San Francisco 49ers, Las Vegas Raiders, New York Giants, New England Patriots, Los Angeles Rams, USA Locations: Las Vegas , Nevada

☆ The Kansas City Chiefs are the NFL’s current dynasty — here's why they are worth less than teams that regularly miss the playoffs
▼ + stars: | 2024-09-06 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +3 min

The Kansas City Chiefs, the NFL's current dynasty, are only the 18th most valuable team in the league at $6.07 billion, according to CNBC's Official 2024 NFL Team Valuations. The bulk of a team's revenue in a given season comes from the ballooning media rights fees that the NFL charges for its games. Contrast that with leagues like the NBA and NHL, where clubs receive a much bigger cut of playoff ticket revenue. Stadium ownership and operating rights are also a lucrative source of revenue for NFL teams. Perennial playoff teams can also be more attractive to sponsors because they can almost guarantee that thousands of additional people will be in their stadiums every year.

Persons: Jerry Jones, Jones, Lamar Hunt, — Organizations: NFL, Kansas City Chiefs, New York Jets, Denver Broncos, Chiefs, NBA, NHL, Dallas Cowboys, T, Jackson, Sports, Authority, Cowboys, Los Angeles Rams, Las Vegas Raiders, Baltimore Ravens Locations: Arrowhead, Jackson County , Missouri

☆ The Green Bay Packers are the one NFL team owned by its fans. Here's how it works
▼ + stars: | 2024-09-06 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

Only one National Football League team has an ownership structure that resembles a publicly traded company. The Green Bay Packers, who are the 12th most-valuable NFL franchise at $6.3 billion, according to CNBC's Official 2024 NFL Team Valuations, are the only publicly owned team in the league. The franchise is completely owned by stockholders, many of them Packers fans, in a structure established more than 100 years ago. The share offerings throughout the years have been used to pull the team out of rocky financial situations and do larger renovations of Lambeau Field. The unique structure puts the Packers among the teams that newly approved private equity investors will be least interested in.

Organizations: Football League, Green Bay Packers, NFL, Packers, Lambeau

☆ CNBC's Official NFL Team Valuations 2024: Here's how the 32 franchises stack up
▼ + stars: | 2024-09-05 | by ( Michael Ozanian | ) www.cnbc.com time to read: +1 min

Welcome to the kickoff of CNBC's first-ever Official NFL Team Valuations. Here we rank professional football teams on overall franchise value, calculated by CNBC senior sports reporter Michael Ozanian. The rankings factor in a team's revenue, profit and debt to match up the 32 clubs ahead of the start to the NFL season. Today, an NFL team is worth an average of $6.49 billion, representing major returns for league owners. With global sports business booming and private equity investors finally off the NFL sidelines, where does your team rank among professional football's most valuable franchises?

Persons: CNBC's, Michael Ozanian, Taylor Swift's Organizations: NFL, CNBC, Dallas Cowboys, Los Angeles Rams, Los Angeles Chargers

☆ Rising NFL valuations mean massive returns for owners. Here's how good the investment is
▼ + stars: | 2024-09-05 | by ( Michael Ozanian | ) www.cnbc.com time to read: +7 min

watch nowA National Football League team today is a $6.5 billion business. That is the average value of the NFL's 32 franchises, according to CNBC's Official 2024 NFL Team Valuations. Across the past 10 NFL teams to be sold, seven of the 10 outperform the S&P 500 on a percentage-gained basis in the period since the sale. Rising valuationsThe escalation in football team values is largely the result of the league's massive and growing media deals. The typical NFL team has an EBITDA margin of 19%.

Persons: Robert McNair, That's, Peacock, Taylor Swift, Allen J, Tampa Bay's Raymond James, Ryan Flournoy, Matt Hankins, Ron Jenkins, Rob Walton, Josh Harris, Jerry Jones, Jones Organizations: National Football League, Pro, Houston Texans, NFL, Texans, Super, Washington, Denver Broncos —, Miami Dolphins, Comcast, Disney, Paramount, Fox, YouTube, NFL Sunday, Amazon Prime, Thursday, Netflix, CNBC, ESPN, Chicago Bears, Minnesota Vikings, Soldier, Kansas City Chiefs, Los Angeles Times, Getty, Tampa, New England's Gillette, Lincoln Financial, Dolphins, Dallas Cowboys, Los Angeles Chargers, T, Denver Broncos, Tampa Bay Buccaneers, Cowboys, The Cowboys, Dallas Locations: U.S, Chicago, Green Bay ; Wisconsin, Buffalo , New York, New York, Los Angeles, Inglewood , California, Arlington , Texas

☆ NFL team sales are likely to stall as valuations soar
▼ + stars: | 2024-09-05 | by ( Alex Sherman | ) www.cnbc.com time to read: +10 min

Abbie Parr | Getty Images Sport | Getty ImagesThe Seattle Seahawks may be the next National Football League team to sell. The average NFL team is now worth $6.49 billion, and no team is valued at less than $5.25 billion, according to CNBC's Official 2024 NFL Team Valuations. Seven of the last 10 NFL teams to be sold outperform the S&P 500 on a percentage-gained basis since the sale. Each of the last four NFL team sales has set a new record, showcasing the rise in valuations. WATCH: New England Patriots owner Robert Kraft on new NFL private equity ruleswatch now

Persons: Abbie Parr, Paul Allen, Allen's, Jody, Marc Ganis, Roger Goodell, It's, There's, Neal Pilson, That's, Ganis, —, Daniel Snyder, Josh Harris, Terry Pegula, Kim, Ralph Wilson, David Tepper's, Jerry Richardson, Rob Walton, Pat Bowlen, Virginia Halas McCaskey, George Halas, McCaskey, George McCaskey, They're, Goodell, Curtis Martin, Tracy Gallagher, Gallagher, Robert Kraft, Kraft Organizations: Getty, Seattle Seahawks, National Football League, Former Seahawks, Microsoft, NFL, Disney, National Basketball Association, Netflix, CBS Sports, Pilson Communications, NBA, Washington, Philadelphia 76ers, National Hockey League's New Jersey Devils, Billionaire, Buffalo Bills, Carolina Panthers, Panthers, Walmart, Denver Broncos, Bills, Broncos, Chicago Bears, Bears, The Miami Dolphins, Los Angeles Chargers, Ares Management, Sixth Street Partners, Arctos Partners, Equity, Blackstone, Carlyle Group, Capital Partners, Arta Finance, NHL, Major League Baseball, New England Patriots, CNBC Locations: U.S, Spain, Germany, Brazil

☆ The Cowboys are worth $11 billion. Here's how Dallas went from losing $1 million a month to topping the NFL in value
▼ + stars: | 2024-09-05 | by ( Michael Ozanian | ) www.cnbc.com time to read: +5 min

watch nowWhen Jerry Jones plunked down $150 million to buy the Dallas Cowboys in 1989, the team was losing $1 million a month, according to Jones. The Cowboys are the most profitable in the NFL, posting EBITDA of $550 million last season, $300 million more than the New England Patriots, the second-most profitable NFL team, according to CNBC's list. In 1995, Jones signed a 10-year, $40 million deal with Pepsi-Cola and made a $2.5 million a year, 10-year deal with Nike. The value of the Cowboys' sponsorship deals has ballooned over the years. But there is no doubt he created the economic blueprint for an NFL team.

Persons: Jerry Jones plunked, Jones, DaRon Bland, Ron Jenkins, Tom Landry, Jimmy Johnson, Herschel Walker, Emmitt Smith, Darren Woodson, Barry Switzer, Jason Robins, Ryan Kang, Mike Tyson Organizations: Dallas Cowboys, Texas, Cowboys, National Football League, Los Angeles Rams, NFL, New England Patriots, Washington, T, Arkansas, CNBC, American Express, Pepsi, —, Visa, Cola, Nike, NFL Properties, The Cowboys, Molson Coors, The Dallas Cowboys, Seattle Seahawks, AT, Super, Big, Professional Bull Riders, & $ Locations: Arlington , Texas, Texas, Arlington

☆ Move over dealmakers: Portfolio-company operators are the rising stars of private equity
▼ + stars: | 2024-08-14 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +11 min

Read previewDealmakers have always been the stars of private equity. AdvertisementKevin Desai, partner and private equity sector leader at PwC PWCBut in the current climate, portfolio-operations professionals are gaining esteem. AdvertisementPrivate equity 3.0Rising interest rates nearly two and a half years ago ushered in a new economic reality that hit private equity firms right in the pocket. Since private equity relies on debt to boost returns, the first option is off the table. These people are taking their talents to private equity firms to manage smaller companies using an already proven playbook for technological transformation.

Persons: —, you've, Marc Rowan, Rowan, Kevin Desai, Desai, I've, What's, they're, quants, we've Organizations: Service, Business, PricewaterhouseCoopers, University of Chicago, Walmart, Nike, Harvard Business Locations: dealmaking

☆ With the A's leaving Oakland, the Pioneer League B's want fan investment in Bay Area baseball
▼ + stars: | 2024-08-13 | by ( Alex Sherman | ) www.cnbc.com time to read: +7 min

That gave birth to the Oakland Ballers, or the B's — the Pioneer League team that debuted earlier this year, co-founded by Freedman and Carmel. Courtesy: Oakland BallersThe Pioneer League, an MLB partner league whose teams aren't affiliated with the pro teams like those in minor league baseball, instantly appealed to Freedman's tech sensibilities because it's a testing ground for baseball evolution. Potential investors will be able to buy their shares on a first-come, first-serve basis "just like you're buying sneakers from the Oakland B's," said Stidd. Oakland Ballers stadium. Courtesy: Oakland Ballers

Persons: Paul Freedman, Oakland Ballers Paul Freedman, Freedman, Bryan Carmel, Charlie Finley, Kelsie Whitmore, Carmel, DealMaker, Jon Stidd, Stidd, It's, Lonnie Murray, Dave Stewart Organizations: Oakland, MLB's A's, Las Vegas, Oakland Coliseum's, CNBC, Golden State Warriors, Oracle, NFL's Raiders, MLB's Oakland, Pioneer League, Freedman, Oakland Ballers, MLB, League, Securities and Exchange, Green Bay Packers, Local, BART, AAA Insurance, Raimondi, Boilermakers, Little League, San Francisco Chronicle Locations: Oakland , California, Las, Palo Alto, Oakland, Chicago, Las Vegas, Sacramento, Carmel, Oakland —, West Oakland, workshopping

Introduction to the Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Plus Credit Card is perfect for infrequent Southwest travelers who want some benefits with this airline without paying a high annual fee. Southwest Rapid Rewards® Plus Credit Card BenefitsThe Southwest Rapid Rewards® Plus Credit Card doesn't come with some of the other benefits offered by other Southwest cards, such as elite-qualifying points or travel credits. Southwest Rapid Rewards Plus Credit Card Annual Fee and Other CostsThe Southwest Rapid Rewards® Plus Credit Card, in addition to charging a $69 annual fee, also charges foreign transaction fees of 3% of the amount of each transaction in U.S. dollars. Southwest Rapid Rewards® Priority Credit Card vs. Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Priority Credit Card is Southwest's top-tier consumer credit card, and the one you should consider if you frequently fly Southwest. Southwest Rapid Rewards Plus Credit Card Frequently Asked QuestionsWhat are the main benefits of the Southwest Rapid Rewards® Plus Credit Card?

Persons: cardholders, HBO Max, they'll, you'll, Chase, Cardholders, You'll, Jasmin Baron, Read, Angela Fung Organizations: Business, Rewards, Card, Southwest, Rapid, Southwest ®, FDIC, Apple, Disney, ESPN, HBO, Hulu, Netflix, Pandora, Paramount, Showtime, Spotify, YouTube, Central America, U.S, Premier, Chase Southwest Rapid, Chase, Sapphire, Southwest Rapid, Southwest Airlines, Chase Bank, Finance Locations: Southwest, Hawaii, Caribbean, Mexico, Central America, U.S, Central, Southwest airfare, Chase, Canada

PARIS — Two-time WNBA champion A'ja Wilson scored 21 points as the United States survived an unexpectedly close contest from host France, winning 67-66 for their eighth straight Olympic gold medal in women's basketball on Sunday. The U.S. women last lost in Olympic play when they failed to bring home gold in 1992. But after France drew a foul and Cooper made both free throws, a last-minute shot by Williams was not enough. "The dynasty we've built here at USA Basketball has been incredible," Wilson said in a postgame interview. For the first time in Olympic history, the gold medal games in both the men’s and women’s basketball tournaments were between the same nations.

Persons: A'ja Wilson, Kahleah Cooper, Wilson, Breanna Stewart, Kelsey Plum, Gabby Williams, Cooper, Williams, Williams —, —, Diana Taurasi, Sue Bird, David K, Li, Susan Baek Organizations: PARIS, France, Bercy Arena, U.S, Fauthoux, Chicago Sky, Seattle Storm, USA Basketball, WNBA, Team USA Locations: United States, U.S, France, Paris, New York

☆ How New Zealand's fastest speed climber trains for the Olympics
▼ + stars: | 2024-08-09 | by ( Maggie Cai | ) www.businessinsider.com time to read: +1 min

We follow Julian David, who is representing New Zealand in men's speed climbing at the Paris 2024 Olympic Games. He's gearing up for one of his last events before the Games, the IFSC World Cup in Chamonix, France. For the very first time, speed climbing will be judged as a stand-alone event at the 2024 Olympics, and the pair are the first from New Zealand to qualify. Sam Watson broke his own world record of 4.79 seconds at the 2024 Paris Olympics with a time of 4.74 seconds. At the time of publishing, this narrows their difference to 0.5 seconds.

Persons: Julian David, Rob Moore, Julian, Sarah Tetzlaff, Sam Watson Organizations: New Zealand, Paris, Games, Business Locations: New, Chamonix, France, New Zealand

☆ 13 hidden details you may have missed in Olympic athletes' outfits
▼ + stars: | 2024-08-09 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Athletes from Russia and Belarus wore neutral outfits due to sanctions imposed by the IOC. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOlympic athletes often move at such mind-boggling speeds that it can be difficult to notice subtle details in their outfits. Some Olympians competing in Paris wore looks that celebrated their home countries or sports. Here are 13 details you might have missed in athletes' outfits at the 2024 Paris Olympics.

Persons: leotards, Letsile, — Organizations: IOC, Service Locations: Russia, Belarus, Paris

☆ This hydrogen-powered aircraft could be the first to fly non-stop around the globe
▼ + stars: | 2024-08-09 | by ( Arjun Kharpal | Maria Gomez De Sicart | ) www.cnbc.com time to read: +1 min

To prove its potential, a team in Les Sables-d'Olonne, France is building a hydrogen-powered aircraft, which aims to be the first to circumnavigate the globe. It goes by the name Climate Impulse. So why did the Climate Impulse team decide on hydrogen fuel for the project? The team's aim is for Climate Impulse to attempt its round-the-world flight in 2028, with testing starting in 2026. Watch the video above for a behind-the-scenes look at the Climate Impulse project.

Persons: Bertrand Piccard, Piccard Organizations: defeatism, CNBC Tech Locations: Les, d'Olonne, France, Swiss

☆ Nice guys finish first: 7 secrets to success at Blackstone, according to a campus recruiter, a former intern, and other firm insiders
▼ + stars: | 2024-08-08 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +14 min

This summer, Gray addressed Blackstone's summer interns about how they might advance at the firm, according to a recent LinkedIn post. AdvertisementBut how exactly does one go about being "nice" at Blackstone? Here's how to succeed at Blackstone, according to three executives, an ex-intern, and public comments made by top leaders including Gray and Schwarzman. "Steve Schwarzman always says it is just as easy to hire a smart, nice person as a smart, not nice person," Ross told BI. That's just not who we are as a firm," Ross said, adding, "We think investing's a team sport."

Persons: —, Jon Gray, Blackstone, Gray, Steve Schwarzman, that's, Morgan Stanley, Thomson, Schwarzman, Lehman, we'll, Paige Ross, Blackstone Paige Ross, niceness, Ross, That's, Marshall Plumlee, Plumlee, Marshall Plumlee dunking, Mark J, Terrill, Marshall, Jahlil, you've, it's, Peter Peterson, Jeenah, they're, They're, Taylor Kanfer, we're, Kanfer, Joe Zidle, Blackstone . Blackstone Zidle, Zidle Organizations: Service, Business, Blackstone, Blackstone —, Lehman Brothers, Thomson Reuters, Duke University's, NBA, New York Knicks, Milwaukee Bucks, Associated Press, Duke, 75th Ranger Regiment, Army, LinkedIn, Veterans Network, Blackstone . Locations: Blackstone, New York, Manhattan, Afghanistan

MyKayla Skinner posted a video to Instagram on Tuesday calling on Simone Biles to stop her 11.8 million followers from “cyberbullying” her after Biles appeared to clapback at comments by Skinner. “To Simone, I am asking you directly and publicly to please put a stop to this," Skinner said in Tuesday's video. A few days after her comments in June, Skinner posted an apology on social media. After Biles' Instagram post last week, Skinner reportedly blocked the 11-time Olympic medalist on social media, according to an Instagram story posted by Chiles and a post on X by Biles. The edited photo implied that Skinner should have made the 2016 U.S. Olympic team over Douglas, who became the first Black Olympic all-around champion in 2012.

Persons: MyKayla Skinner, Simone Biles, “ cyberbullying ”, Biles, Skinner, “, Simone, We’ve, Jordan Chiles, ” Skinner, ”, I’m, Suni Lee, Larry Nassar, Nassar, unfollowed Skinner, that’s, Chiles, Lee, McKayla Maroney, Laurie Hernandez, Nastia, Gabby Douglas, Douglas Organizations: U.S, Paris, USA, U.S ., Olympics, Paris Games, Olympic Locations: Paris, Tokyo, U.S, Rio

The U.S. women's national soccer team is looking to continue its undefeated streak at this year's Olympics as the squad prepares for a second match against Germany in the semifinals. She became the youngest player on the women's squad to score in extra time in a knockout round at the Games since the 2004 Athens Olympics. Marc Atkins / Getty ImagesRodman, along with Sophia Smith, 23, and Mallory Swanson, 26, have been a defining feature of this new era of the U.S. women's national team so far. Winning against Germany would guarantee at least a silver medal as the team moves into the final match. The only other time the women's national team has gone undefeated at the Olympics was in 2012, which was also the last time the team won gold at the Games.

Persons: Trinity Rodman, Marc Atkins, Rodman, Sophia Smith, Mallory Swanson, Emma Hayes, Hayes, Swanson, Smith, Brad Smith, It's, Alex Morgan, Morgan, Lindsay Horan, Crystal Dunn, Rose Lavelle, Lavelle, Samantha Coffey, Korbin Albert, Coffey, Emily Fox Organizations: U.S, soccer team, Germany, Games, Olympics, Trinity, Japan, Getty, women's, American Locations: Germany, U.S, Athens, France

☆ Arsenal names Athletic Brewing as official nonalcoholic beer partner
▼ + stars: | 2024-08-06 | by ( Justine Fisher | ) www.cnbc.com time to read: 1 min

Athletic Brewing Company is the official nonalcoholic beer partner of Arsenal F.C. Athletic Brewing Company has scored a partnership with Arsenal, becoming the English soccer team's first official nonalcoholic beer partner. Arsenal will feature Athletic Brewing's Run Wild IPA at Emirates Stadium for both men's and women's matches, and Athletic Brewing will launch a marketing campaign and a series of promotions in return, according to a press release. Run Wild IPA is less than 0.5% alcohol by volume, or ABV. The deal represents an opportunity for America's largest nonalcoholic brewery to expand in the U.K.

Persons: soccer team's Organizations: Athletic Brewing Company, Arsenal F.C, Arsenal, soccer, Emirates, Athletic Brewing

Artistic gymnastics at the Paris Olympic Games came to a dramatic end Monday, as Simone Biles won the silver medal in the floor exercise final. "A couple years ago, I didn't think I'd be back here at an Olympic Games, so competing and then walking away with four medals ... Naomi Baker / Getty ImagesIn Tuesday’s team event, she officially became the most decorated American gymnast in the history of the Olympic Games, surpassing “Magnificent Seven” member Shannon Miller’s seven-medal record. An Olympic gold in that event has long eluded her and slipped out of her grasp once again in her third Olympic appearance. Her all-around win made her the first American and just the third gymnast in history to win the Olympic all-around gold medal more than once.

Persons: Simone Biles, Larisa Latynina’s, Brazil's Rebeca Andrade, Biles, Jordan Chiles, medaled, that's, Naomi Baker, “, Shannon Miller’s, Joe Biden, Larisa Latynina, Věra, Czechoslovakia —, Paris, ”, ” Biles Organizations: Paris Olympic, Olympic Games, Games, Paris, Soviet Union, Los Angeles Locations: Paris, Tokyo, Tokyo —, American, Rio, Soviet, Czechoslovakia, Atlanta

Chase Sapphire Reserve® OverviewThe Chase Sapphire Reserve® is one of the best travel rewards credit cards of all time. Chase Sapphire Lounges will be available to Chase Sapphire Reserve® cardholders and all Priority Pass members. Chase Sapphire Reserve® vs. Chase Sapphire Preferred® CardIf you're trying to decide between the Chase Sapphire Reserve® and Chase Sapphire Preferred® Card, you'll want to decide if each card's annual fee is justified based on your travel and spending habits. Chase Sapphire Reserve® Cardholder InsightsAs part of our analysis of the Chase Sapphire Reserve®, we've considered discussions across various forums, including notable mentions on Reddit and FlyerTalk. Chase Sapphire Reserve® Frequently Asked QuestionsWhat credit score do you need to get the Chase Sapphire Reserve®?

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☆ Insider Today: Mark Cuban vs. Big Pharma
▼ + stars: | 2024-08-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

But first: Big Tech reporting for duty. AdvertisementEven before Amazon, Apple, Meta, and Microsoft reported earnings, investors' focus was clear. Meta CEO Mark Zuckerberg didn't shy away from his intention to keep plowing money into AI, but investors didn't mind. Softening demand from shoppers for Amazon led to a miss in reported net sales and a weaker-than-expected sales forecast for the third quarter. Also read:Getty Images; Jenny Chang-Rodriguez/BIMark Cuban's pharma missionIn 2022, Mark Cuban launched a low-cost online pharmacy with the goal of cutting drug prices for consumers.

Persons: —, Jeff Bottari, Rebecca Zisser, Tesla, Mark Zuckerberg, iStock, That's, Gen, Zers, Tyler Le, Tetiana Lazunova, Jenny Chang, Rodriguez, Cuban's, Mark Cuban, somebody's, Emily Durham Organizations: Service, Business, Big Tech, Getty Images, Apple, Meta, Microsoft, Apple Intelligence, Amazon, pharma, Cuban's pharma, Cost, Pfizer, Novo Nordisk Locations: China

☆ U.S. women's rugby team's recent $4M gift is momentous for the sport: 'We've always wanted to be included'
▼ + stars: | 2024-08-03 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

Earlier this week, the U.S. women's rugby sevens team earned their first Olympic medal in history, and it marks a positive turn for the women's sport that's been overlooked for decades. I mean, there's no other way to put it," says Phaidra Knight, a former U.S. women's rugby sevens team player and World Rugby Hall of Fame inductee. "It will have incredible and substantial implications for the future of not only women's rugby, but rugby in America." When Knight became a player on the U.S. National Rugby union team, which is different from the sevens team, in 1999, the program didn't receive funding, she says. Many professional rugby players join the U.S. National union teams prior to joining a sevens team; four national teams are under USA Rugby.

Persons: Phaidra Knight, Sunny Choi, ’, Michele Kang, Knight Organizations: rugby, World Rugby Hall of Fame, U.S . National Rugby union, U.S . National, USA Rugby, U.S Locations: U.S, America, Paris

☆ David Smith: Born with severe hearing loss in both ears and relying on lip-reading, US Olympian is representing others like him
▼ + stars: | 2024-08-02 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —For David Smith, playing the sport he loves has come with adaptations. Smith was born with severe hearing loss in both of his ears and relies on lip-reading to understand what his volleyball teammates and coaches are saying. But his disability comes with its own unique set of challenges, one which Smith describes as “hard work. Smith began playing volleyball aged 14, initially as a summertime hobby outside of his regular sporting passion: Soccer. Speraw describes discovering Smith as like “finding a diamond in a rough.” He also said that Smith’s disability never came into play.

Persons: David Smith, Smith, David, ” Smith, “ I’ve, …, Olympics.com, John Speraw, Speraw, ” Speraw, Andrej Isakovic, “, ”, “ You’re Organizations: CNN, USA, Paris Olympics, University of California, US, volleyball, Paris Games, Japan Locations: Rio, Irvine, Speraw, Argentina, AFP, Paris, Poland

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