In a groundbreaking move within the sports industry, private equity investment is taking center stage in women’s soccer. Unlike other major U.S. sports leagues that have limited private equity involvement to passive, minority stakes, the National Women’s Soccer League (NWSL) is paving the way for these firms to take majority control of the economics of
The recent general election has delivered a stunning victory for the Labour Party, marking the end of 14 years of Conservative rule. The exit poll conducted by Ipsos UK for Sky News/BBC/ITV News suggests that Labour, led by Sir Keir Starmer, is set to secure a whopping 410 seats in the parliament, giving them an
Bitcoin experienced a significant slump in price, dropping to around $57,000 apiece on Thursday. This decline came after the U.S. Federal Reserve released minutes from its June meeting, indicating that the central bank is not yet prepared to cut interest rates. The digital currency fell approximately 5% in just 24 hours, reaching $56,837, which was
Australia’s screen industry is abuzz with excitement following the recent increase in the country’s Location Offset scheme. The legislation, which was announced in May and officially came into effect on July 1, has raised the rebate for TV and film productions shooting in Australia from 16.5% to an impressive 30%. This significant boost is expected
Threads, the microblogging platform owned by Meta, has recently surpassed the milestone of 175 million monthly active users. Launched as an alternative to X (formerly known as Twitter) on July 6 last year, Threads has quickly gained popularity among users, with India emerging as one of its most active markets. This article will delve into
As swimmers gear up to compete for the gold at the upcoming Paris Olympics, they are placing their trust in the latest advancements in swimsuit technology to give them the competitive edge in the pool. Brands like Speedo have unveiled state-of-the-art swimsuits like the Fastskin LZR Racer suit, which boasts being their most water-repellent suit
LeBron James has officially agreed to return to the Los Angeles Lakers on a lucrative two-year, $104 million contract. This deal includes a player option for the 2025-26 season and a no-trade clause, showcasing James’ commitment to the Lakers organization. This contract essentially functions as a one-plus-one deal, giving James the flexibility to reassess his
The case of Carrissa Stevenson, a 28-year-old nurse from Ohio, has left many unanswered questions. Stevenson was dropped off by her fiance at the Jewish Hospital and was declared dead on arrival. Her fiance claimed she had been intoxicated the night before and had fallen down the stairs multiple times at home. This tragic incident
The recent Federal Reserve meeting in June revealed that while inflation is moving in the right direction, it is not doing so quickly enough for officials to consider lowering interest rates. The participants expressed their need for more favorable data to increase their confidence in the sustainability of inflation moving towards the targeted 2 percent.
Ford reported a 1% increase in sales during the second quarter compared to the same period last year. This growth was primarily driven by a 5% increase in truck sales, with a total of 308,920 trucks sold during the quarter. The F-Series, which is a part of Ford’s truck lineup, saw sales totaling 199,463 vehicles,