The world has seen a staggering 95% increase in the population of crypto millionaires over the past year, with a total of 172,300 individuals now holding assets worth more than $1 million in the crypto space. This significant jump from 88,200 last year is indicative of the growing popularity and acceptance of cryptocurrencies as an
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As the upcoming National Basketball Association season approaches, fans of the Dallas Mavericks and the New Orleans Pelicans are eager to find out where they will be able to watch their favorite teams play. Both franchises are parting ways with their regional sports networks owned by Diamond Sports, according to a recent bankruptcy court filing.
Monterey Car Week is well-known for its prestigious car auctions, attracting high-net-worth individuals and avid collectors from around the globe. However, recent trends indicate a shift in the market dynamics. Auction sales during Monterey Car Week experienced a 3% decline from the previous year, with total sales at five prominent auction houses totaling $391.6 million,
The future of Paramount Global remains uncertain as a result of a competing offer from Edgar Bronfman Jr. The special committee at Paramount has decided to extend the “go shop” period of its merger agreement with Skydance by 15 days to review Bronfman’s $6 billion bid for National Amusements, the controlling shareholder of Paramount. This
Ford Motor recently announced a shift in its production plans, delaying the production of a next-generation all-electric pickup truck in Tennessee and canceling a three-row electric SUV. Instead, the company is prioritizing the development of hybrid models and electric commercial vehicles. This decision comes after evaluating the market and recognizing the need to focus on
Alaska Airlines has successfully navigated through the regulatory process of acquiring Hawaiian Airlines, as the U.S. Justice Department has given its clearance for the deal to move forward. This milestone comes after eight months of negotiations since the announcement of the $1.9 billion agreement to combine the two carriers. The completion of the U.S. Department
California Gov. Gavin Newsom recently signed 10 new bills into law aimed at combating retail crime in the state. These laws address a variety of issues including shoplifting, theft from vehicles, organized theft, and the resale of stolen goods on online marketplaces. The package of laws comes in response to a growing concern among retailers
Starbucks has been facing significant operational challenges, with mobile orders accounting for a large portion of its total sales. This has led to crowded cafes, frustrated customers, and overwhelmed baristas. Former CEO Howard Schultz has even called the mobile app the company’s “biggest Achilles heel.” The complexity of mobile orders, with add-ons like cold foam
The countdown has begun for SpaceX’s highly anticipated Polaris Dawn mission, scheduled to launch at the end of the month. This mission, the first of three purchased by Shift4 founder Jared Isaacman for the Polaris Program, is set to make history with the first-ever attempt at a spacewalk by astronauts on a private mission. With
The collaboration between Ryan Reynolds, Hugh Jackman, and Shawn Levy in “Deadpool & Wolverine” has achieved remarkable success, breaking records as the highest-grossing R-rated film of all time. With over $1.085 billion in global box office earnings, the film has surpassed Warner Bros.’ “Joker” and solidified its place in cinematic history. This achievement highlights the
