The Green Bay Packers stand out from the rest of the National Football League teams due to their unique ownership structure. Unlike other teams that are privately owned by wealthy individuals or families, the Packers are owned by stockholders, many of whom are die-hard fans of the team. This ownership structure was established over 100
Business
When Jerry Jones purchased the Dallas Cowboys in 1989, the team was facing financial struggles, with losses amounting to $1 million every month. However, Jones wasted no time in implementing changes to turn the team’s fortunes around. Over the past thirty-five years, his strategic decisions and innovative approaches have transformed the Cowboys into a powerhouse
Molson Coors recently made headlines with their decision to reverse their diversity, equity, and inclusion (DEI) policies. This move comes at a time when many companies are reevaluating their approach to DEI initiatives. In an internal memo obtained by CNBC, Molson Coors executives stated that they will be eliminating supplier diversity quotas, citing complexities and
Steph Curry, the renowned NBA player, has his sights set on life after basketball. He has already begun paving the way for his post-playing career, with a plethora of businesses in his portfolio. Curry is the founder of Unanimous Media, a media company, and Underrated, a youth golf tour, to name a few. His entrepreneurial
The landscape of cannabis consumption has undergone a significant transformation, especially in New York, where the legalization of adult-use marijuana has paved the way for a booming industry. It’s no longer just about purchasing designer clothes or high-end jewelry on Fifth Avenue, as shoppers can now also indulge in New York state-grown marijuana joints from
As airlines continue to navigate the challenging aftermath of the pandemic, many are facing financial constraints that are causing them to rethink their strategies for acquiring new aircraft. Initially, there was a surge in demand for new jets as airlines looked to modernize their fleets and expand operations. However, cash-strapped low-cost and deep discounter airlines
The Food and Drug Administration has recently authorized Novavax’s updated protein-based Covid vaccine for emergency use in individuals aged 12 and above. This approval paves the way for Novavax’s vaccine to compete with the current jabs offered by Pfizer and Moderna during the upcoming fall and winter seasons. Novavax’s vaccine is specifically designed to target
American Eagle failed to meet Wall Street’s sales expectations for the second quarter in a row, resulting in an over 8% drop in the company’s shares during early trading. However, the company saw a significant increase in profit, with earnings per share coming in at 39 cents compared to the expected 38 cents. This marked
In the midst of an inflation-fueled sales slump in the toy industry, Lego has emerged as a shining beacon of success. The Danish toymaker reported a 13% increase in revenue during the first half of 2024, reaching a staggering 31 billion Danish krone, equivalent to about $4.65 billion. CEO Niels Christiansen attributed this growth to
The world has witnessed a staggering 95% increase in the population of crypto millionaires over the past year, indicating a significant surge in wealth accumulation within the crypto space. According to a recent report by New World Wealth and Henley & Partners, the number of individuals holding more than $1 million in crypto assets has