The Arizona Coyotes, a National Hockey League (NHL) team, recently announced a multi-year deal with E.W. Scripps Co., a broadcast station owner, to air their local games on over-the-air networks. This move comes as Diamond Sports Group, the largest owner of regional sports networks, rejected its contract with the Coyotes due to bankruptcy protection. With
Business
In a surprising turn of events, Popeyes has just surpassed KFC as the second-largest chicken chain in the United States. This comes ten years after Chick-fil-A took the top spot, leaving KFC scrambling to regain its dominance. The battle for market share and customer loyalty among these chicken chains has become increasingly fierce in recent
The ongoing strike by the United Auto Workers (UAW) union against the Detroit automakers has raised concerns about its impact on General Motors’ (GM) third-quarter sales. Despite the work stoppages, GM reported a significant increase of 21.4% in sales from July through September compared to the subdued sales in the same period last year. This
Fast-food drive-thru lanes have experienced a significant shift in customer behavior, as more individuals are opting for the convenience of ordering from the comfort of their cars. However, an annual study conducted by Intouch Insight reveals that despite the increase in drive-thru popularity, there has been a decrease in the overall time spent in these
For over a century, frosted cornflakes have been the cornerstone of Kellogg’s business. However, the company is making a significant change by spinning off its stable cereal business and focusing on its faster-growing snack unit. In fact, Kellogg’s will even be renaming itself Kellanova to reflect this new direction. This move by Kellogg’s is not
The city of Detroit is currently witnessing a simmering conflict between the Detroit automakers and the United Auto Workers (UAW). As work stoppages continue for the second week, tensions are rising and accusations are being exchanged, indicating a dwindling likelihood of an imminent breakthrough in negotiations. The UAW, representing approximately 146,000 autoworkers, is expected to
GameStop, the popular video game retailer, has announced a significant leadership change that has caught the attention of investors and industry observers alike. Billionaire activist investor Ryan Cohen has been appointed as the company’s new chief executive, chairman, and president, effective immediately. This move comes as a surprise, as Cohen will not be receiving any
Amidst increasing interest from the Department of Defense, the Pentagon has confirmed its first contract with Elon Musk’s SpaceX, granting them the exclusive rights to develop the Starshield network. This military-specific version of SpaceX’s popular Starlink satellite internet system is set to revolutionize national security measures. With a maximum value of $70 million, the one-year
The ongoing strikes by United Auto Workers (UAW) against General Motors, Ford Motor, and Stellantis have caught the attention of presidential candidates as they vie for the support of blue-collar voters in Michigan. President Joe Biden and former President Donald Trump have both made appearances in the state this week, hoping to win over the
After months of negotiations, the Writers Guild of America (WGA) and the Alliance of Motion Picture and Television Producers (AMPTP) have reached a preliminary labor agreement, potentially bringing an end to the ongoing writers strike in Hollywood. The WGA and AMPTP are currently finalizing the contract language, and both sides are optimistic about the deal.