Business

DraftKings is making significant waves in the sports betting landscape with its latest innovation, DraftKings Sportsbook+. Launched on December 28 and currently available to select customers in New York, this subscription service aims to enhance the betting experience through a unique profit-boosting structure. For a monthly fee of $20, users can enjoy various profit boosts
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On a remarkable note, Rivian Automotive has captured the attention of investors with a staggering 24.5% surge in its stock value, marking the most significant single-day leap since its public listing in November 2021. Closing at $16.49, this uptick can be attributed to the electric vehicle manufacturer’s alignment of its 2024 production forecasts and actual
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In a significant public health announcement, the U.S. Surgeon General Dr. Vivek Murthy highlighted the grave link between alcohol consumption and an increased risk of various cancers. This advisory serves as a critical reminder that the dangers associated with alcohol are not merely a matter of intoxication and accidents but extend deeply into serious health
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In a bold move that has sent shockwaves through the financial markets, Hindenburg Research, a recognized short-selling firm, publicly disclosed its decision to bet against Carvana, an online used-car retailer that has captured significant attention in recent years. On Thursday, Hindenburg released a report asserting that Carvana’s recent operational improvements are misleading and merely a
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The year 2024 has proven to be an arduous one for the restaurant industry, marked by financial turbulences and significant changes in consumer behavior. As inflation pressures altered the dining landscape, many restaurants found themselves in precarious positions, leading to an increased retirement of underperforming locations. With consumer spending tightening, industry players have been compelled
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In a groundbreaking move, Netflix made waves this Christmas by broadcasting two exclusive NFL games, shattering previous streaming records. According to Nielsen’s report, around 65 million viewers tuned in across the United States, underscoring the growing power of streaming platforms in sports broadcasting. The matchups featured the Baltimore Ravens triumphing over the Houston Texans and
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On a chaotic Tuesday morning, American Airlines grounded all its flights across the United States due to a significant technical glitch. This disruption occurred during a peak travel season, as airlines anticipated record passenger numbers over the holiday period. The grounding, although resolved within less than an hour, served as a stark reminder of the
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The Consumer Financial Protection Bureau (CFPB) has launched a significant legal challenge against retail giant Walmart and technology firm Branch Messenger, focusing on their alleged mishandling of payment processes for delivery drivers. This case raises critical questions about worker rights and the responsibilities of companies in managing financial transactions. On Monday, the CFPB accused Walmart
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