Sports betting on this year’s Super Bowl spiked to massive levels online, especially within minutes of kickoff. Many gamblers waited to place real-time wagers on the championship matchup. Data firm GeoComply, which verifies user locations, logged over 122 million verification checks over the weekend. That exceeded 2022 by more than… Read More
Prices rose 3.1 percent from last year, more than expected
Consumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control. Tuesday’s report from the Labor Department showed that the consumer price index rose 0.3% from December to January, up from a… Read More
Toyota reshuffles leadership after big scandal
Japanese automaker Daihatsu on Tuesday named a veteran at its parent company Toyota to replace its president as it tries to repair the damage from a scandal over cheating on vehicle safety tests. The troubles at Daihatsu Motor Co. surfaced after a whistleblower reported the cheating. A third-party review found… Read More
Less is more as brands prune offerings to keep only the best sellers
How much choice is too much? Apparently for Coca-Cola, it’s about 400 different types of drinks. That’s why the beverage company recently decided to discontinue half of them, shedding brands like Tab, Zico coconut water, Diet Coke Feisty Cherry and Odwalla juices but still leaving about 200 others to choose… Read More
Uber posts an annual profit for the first time since going public
This past week, Uber announced a major company milestone: reaching their first full fiscal year of profitability since going public in 2019. As of Wednesday morning, the San Francisco-based company Uber Technologies Inc. saw its stock price rise to $71.90, an all-time high “2023 was an inflection point for Uber,”… Read More
Conservative actor Gina Carano sues Disney
Actor Gina Carano on Tuesday sued Lucasfilm and its parent The Walt Disney Co. over her 2021 firing from “ The Mandalorian,” saying she was dismissed for expressing right-wing views on social media. Breaking: New “Breathing Trick” Reversed Alzheimer’s Memory Loss [sponsored] The lawsuit Carano filed with help from X,… Read More
ESPN, Fox and Warner Bros. Discovery to launch sports streaming platform in the fall
ESPN, Fox and Warner Bros. Discovery announced plans on Tuesday to launch a sports streaming platform in the fall that will include offerings from at least 15 networks and all four major professional sports leagues. A one-stop app to view most sports should be a welcome sight for fans, who… Read More
$1.3 billion invested into this Kentucky factory complex
Toyota says it will invest $1.3 billion at its huge factory complex in Georgetown, Kentucky, in part so it can build an all-new three-row electric SUV to be sold in the U.S. The company says the money will help with future electric vehicle production, including the addition of a line… Read More
Honda recalls 750,000+ vehicles over faulty airbags
Honda is recalling more than three quarters of a million vehicles in the U.S. because a faulty sensor may cause the front passenger air bags to inflate when they’re not supposed to. The recall covers certain Honda Pilot, Accord, Civic sedan, HR-V and Odyssey models from the 2020 through 2022… Read More
Super Bowl projected to shatter gambling records
Nearly 68 million American adults — about 1 in 4 — plan to bet on this year’s Super Bowl, setting a record by a wide margin, according to the gambling industry’s national trade association. Figures released Tuesday by the American Gaming Association include bets placed with legal outlets, as well… Read More
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