Sports

Willow Bay, Bob Iger to take controlling stake in NWSL’s Angel City FC at a 0 million valuation
Business

Willow Bay, Bob Iger to take controlling stake in NWSL’s Angel City FC at a $250 million valuation

Bob Iger, chief executive officer of The Walt Disney Co., and his wife attend Willow Bay the Allen & Company Sun Valley Conference on July 11, 2024 in Sun Valley, Idaho.  Kevork Djansezian | Getty Images Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world’s most valuable […]

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New Balance partners with the WNBA as the brand looks to grow in women’s sports
Business

New Balance partners with the WNBA as the brand looks to grow in women’s sports

Cameron Brink #22 of the Los Angeles Sparks plays defense against Bridget Carleton #6 of the Minnesota Lynx on June 5, 2024 at Crypto.com Arena in Los Angeles, California.  Juan Ocampo | National Basketball Association | Getty Images New Balance on Tuesday announced a multiyear deal with the WNBA, joining a growing roster of backers […]

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Britain sees low-alcohol beer sales boom during Euros soccer championship
World

Britain sees low-alcohol beer sales boom during Euros soccer championship

People watch England play Spain in the Euro Cup final shown at the Pub on the Park in London Fields on the 14th of July 2024, London, United Kingdom.  Kristian Buus | In Pictures | Getty Images LONDON — While the European men’s soccer championship ended in gloom yet again for England, the tournament boosted […]

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Gareth Southgate steps down as England manager after Euro 2024 final defeat to Spain
World

Gareth Southgate steps down as England manager after Euro 2024 final defeat to Spain

England Manager Gareth Southgate at Wembley Stadium in London, England. Michael Regan – The FA | The FA Collection | Getty Images Gareth Southgate has left his role as England manager. The news comes two days after England’s Euro 2024 final defeat to Spain. The 53-year-old had been Three Lions boss for eight years and […]

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China’s beer market, the world’s largest, set for bounce as drinkers go high-end
World

China’s beer market, the world’s largest, set for bounce as drinkers go high-end

Tourists takinf part in a beer carnival in Qingdao, Shandong province, China, July 1, 2023. Nurphoto | Nurphoto | Getty Images China, the world’s largest producer and consumer of beer, is expected to see a consumption recovery in the second half of this year, favoring premium offerings, on the back of sporting events. CGS International […]

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The NFL is open to private equity team ownership of up to 10%, Commissioner Roger Goodell says
Business

The NFL is open to private equity team ownership of up to 10%, Commissioner Roger Goodell says

Roger Goodell, Commissioner of the NFL, after the morning-session at the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. Kevork Djansezian | Getty Images The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger Goodell said in an […]

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More people than ever expected to bet on Summer Olympics after U.S. legal gambling boom
Business

More people than ever expected to bet on Summer Olympics after U.S. legal gambling boom

The Olympic Rings being placed in front of the Eiffel Tower in celebration of the French capital won the hosting right for the 2024 Summer Olympics. Sopa Images | Lightrocket | Getty Images Sportsbooks and daily fantasy operators are preparing for a Summer Olympics bump. The games in Paris, set to start July 26, will […]

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Audi strikes multiyear partnership with MLS’ Inter Miami CF
Business

Audi strikes multiyear partnership with MLS’ Inter Miami CF

Volkswagen-owned Audi has struck a multiyear partnership with Inter Miami CF as the team’s official automotive partner. Courtesy: Audi Audi is driving up its sports investments and becoming the official automotive partner of Inter Miami CF. The Volkswagen-owned company announced Thursday it has struck a multiyear partnership with the South Florida soccer club as Audi […]

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Media, tech titans head for Sun Valley with streaming alliances top of mind
Business

Media, tech titans head for Sun Valley with streaming alliances top of mind

A view of the Sun Valley Lodge in Sun Valley, Idaho. Drew Angerer | Getty Images Media and technology titans will convene in Sun Valley this week to lay the groundwork for the future of streaming — and for potential alliances. Allen & Co.’s annual conference, often referred to as “summer camp for billionaires,” kicks […]

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Nathan’s hot dog contest crowns Bertoletti, Sudo after Joey Chestnut debacle
Business

Nathan’s hot dog contest crowns Bertoletti, Sudo after Joey Chestnut debacle

Patrick Bertoletti, Geoffrey Esper and other contestants compete in the 2024 Nathan’s Famous Fourth of July International Hot Dog Eating Contest at Coney Island in New York City, U.S., July 4, 2024. Jeenah Moon | Reuters There’s a new top dog in the frankfurter eating world. Patrick Bertoletti won Nathan’s Hot Dog Eating Contest, the […]

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