The Saudi Crown Prince, Mohammed bin Salman, has openly embraced the accusations of “sportswashing” as a means to rehabilitate Saudi Arabia’s tarnished image. As the country seeks to increase its influence in international sports, the Crown Prince recognizes the financial benefits it brings. In an interview with Fox News, he boldly stated that if sportswashing
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The rollout of the new round of Covid vaccines in the United States has hit a snag as some patients report delays in health insurance coverage for the shots. Private insurance plans and government payers, including Medicare, are required to cover the new vaccines developed by Pfizer and Moderna, which became available late last week.
Rocket Lab, a renowned aerospace company, experienced a significant setback with its 41st Electron rocket launch. The mission, carrying the Acadia 2 satellite for Capella Space, failed only a couple of minutes into the flight. This incident marks the first mission failure for Rocket Lab in over two years, casting doubt on the company’s reliability
Wall Street is entering a new era with the official launch of generative AI by Morgan Stanley. The investment bank recently announced the deployment of its AI assistant, powered by OpenAI’s latest generative AI software, to all its financial advisors and support staff. This move showcases Morgan Stanley’s commitment to embracing cutting-edge technology to revolutionize
Disney, a renowned entertainment giant, has been contemplating the sale of ABC, its owned affiliates, linear cable networks, and a minority stake in ESPN. This potential move is not solely driven by monetary considerations, but rather, it serves as a signal to investors that Disney is ready to transcend its image as “old media.” With
The United Auto Workers (UAW) labor union made history by launching targeted strikes against the three major Detroit automakers early Friday morning. The strikes affect three plants that produce popular models such as the Ford Bronco, Chevrolet Colorado, and Jeep Wrangler. While the strikes began simultaneously, the road to a deal may be different for
The journey of opening a marijuana dispensary in New York has proven to be a challenging and costly endeavor for many entrepreneurs. Coss Marte, who was awarded a coveted dispensary license, has already invested over $1 million in his lower Manhattan establishment, which is yet to open. However, with the state’s plans to release general
Ford Motor is making bold moves to address the slower-than-expected sales of its all-electric vehicles. The company has announced its plans to double the production of a hybrid version of its popular F-150 pickup truck. Ford aims to increase sales of the V-6 hybrid model to approximately 20% during the 2024 model year in the
The Centers for Disease Control and Prevention (CDC) advisory panel has recommended that all Americans ages 6 months and up receive updated Covid vaccines from Pfizer and Moderna. This “universal” recommendation, approved by thirteen advisors, aims to prevent serious illness and death across all age groups. However, there were differing opinions among the advisors regarding
Sports gambling giant DraftKings found itself in hot water on the 22nd anniversary of the Sept. 11 terror attacks. The company issued an apology for a bet parlay offer that would have paid out if three New York teams won on this solemn day of remembrance. The insensitivity of the promotion immediately drew fierce criticism