Skyrocketing vehicle prices have hard-hit consumers and the situation will only get worse in the near term for car retailers like CarMax.
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JPMorgan downgrades CarMax, saying ‘sticker shock’ will continue to hurt sales
Business
Why Warner Bros. Discovery shareholders might opt for Paramount’s offer — and why they might not
Ted Sarandos, left, co-CEO of Netflix, and David Zaslav, CEO of Warner Bros. Discovery. Mario Anzuoni | Mike Blake | Reuters Hours before Warner Bros. Discovery agreed to sell its studio and streaming assets to Netflix, Ted Sarandos, the co-CEO of Netflix, called WBD CEO David Zaslav to inform him Netflix wouldn’t be bidding any […]
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Business
The NBA is pursuing ownership groups for a potential basketball league in Europe
NBA Commissioner Adam Silver speaks during a news conference following a meeting of the NBA’s board of governors at the Thomas & Mack Center on Tuesday, July 15, 2025, in Las Vegas. (Chase Stevens/Las Vegas Review-Journal/Tribune News Service via Getty Images) Chase Stevens | Las Vegas Review-journal | Getty Images The NBA is looking to […]
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Business
Brick trophies, a life-size pink Cadillac and a team sponsorship: Why Lego is going all in on F1
Formula 1 cars and a circuit made with Lego are displayed at the 2025 Canadian International AutoShow at the Metro Convention Centre in Toronto, Feb. 21, 2025. Nurphoto | Getty Images Lego is rebuilding how consumers engage with motorsport brick by brick. In 2025, Lego kicked off a partnership with Formula 1 that brought officially […]
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