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Capitol Hill suddenly silent on the destructive impact NIL has had in college sports
Finally, there’s a bipartisan initiative in Congress to fix the mad cash grab that’s plaguing college sports — but it has been greeted with a remarkable hush from the crowd. The Protect College Sports Act is slated to be introduced by Sens. Sen. Ted Cruz...
Red Lobster closing Times Square location after 23 years: ‘This was a difficult decision’
Red Lobster is calling it quits in NYC. The seafood chain will permanently close its flagship restaurant in Times Square on June 14, ending a 23-year run in one of the world’s busiest tourist destinations, WABC reported on Friday. Red Lobster officials said...
Costco says its gas stations set all-time volume records as shoppers search for cheap fuel
Costco’s gas stations saw a surge in demand in the most recent quarter as consumers sought out its low-priced gasoline, which helped the company top the market expectations for its third-quarter sales. Costco CEO Ron Vachris noted the “backdrop of ongoing macro...
China fueling anti-data center sentiment across US, Trump admin and ‘Shark Tank’ star Kevin O’Leary claim
The Trump administration and “Shark Tank” star Kevin O’Leary claimed anti-data center sentiments across the US are being fueled by a Chinese propaganda campaign. O’Leary — whose 40,000-acre data center plans outside Salt Lake City have been met with protests —...
Your European vacation could cost more than ever as airlines hike prices, slash thousands of flights
American travelers could be facing one of the most expensive summers for European vacations ever as airlines slash thousands of flights, add surcharges to transatlantic routes and hike prices. It all comes down to Europe’s jet fuel supply, about 40% of which...
JPMorgan’s Jamie Dimon slams ‘full of s–t’ Coinbase CEO Brian Armstrong in crypto feud
Jamie Dimon escalated his feud with Coinbase CEO Brian Armstrong on Friday, claiming that the crypto mogul was “full of s–t” as he vowed that big banks will fight crypto-market legislation moving through Congress. The tough-talking JPMorgan CEO warned that...
Gas prices sink as oil set for 20% drop — largest one-month decline since 2020
Prices at gas pumps are starting to sink and oil is on track to drop 20% in May — its largest one-month decline since 2020 — as investors remain optimistic that a deal to end the Iran war is near. As of Friday, national average gasoline prices had eased to...
Trump’s top Wall Street cop shoots down Biden-era climate rules for US firms
President Trump’s top Wall Street cop moved Friday to kill a sweeping Biden-era climate rule that would force US firms to report on global warming risks and their own greenhouse gas emissions. Paul Atkins, the chairman of the Securities and Exchange Commission,...
Dell stock surges on deal with Pentagon, making CEO $31B richer overnight
Dell stock surged over 30% on Friday, boosting founder and CEO Michael Dell’s net worth by some $31 billion. The exec’s net worth shout up to $241.1 billion, according to Forbes, lodging him in slot no. 6 on its billionaires list — just below Oracle CEO Larry...