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2024 Olympics memorabilia awards highlight U.S. women’s basketball, celebrity items

2024 Olympics memorabilia awards highlight U.S. women’s basketball, celebrity items

The recently concluded 2024 Olympics not only showcased outstanding athletic performance, but also set a new standard for collectible memorabilia, drawing significant attention to U.S. women’s basketball stars and celebrity-designed merchandise, including a popular series of Snoop Dogg pins. As collectors and fans alike race to acquire these unique items, the Olympic Games have proven once again to be a breeding ground for not only sports excitement but also a thriving collectibles market. This year, U.S. women’s basketball team memorabilia and Snoop Dogg’s uniquely designed pins took center stage, earning top honors at the 2024 Olympic Collectible Awards. U.S. women's…
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Highlights from Cava, Uber, Ross Stores, Workday and more

Highlights from Cava, Uber, Ross Stores, Workday and more

Explore noteworthy changes in the stock market after the close of trading: Cava Group — The fast-casual restaurant chain saw its stock price rise nearly 6% after hours as its earnings beat projections. Cava’s earnings came in at 17 cents a share, beating LSEG forecasts by 4 cents, with revenue also beating expectations. Uber — Shares of the ride-sharing giant fell about 3% after announcing a long-term partnership with General Motors’ Cruise for autonomous vehicle services. The partnership aims to introduce driverless ride options to Uber’s service offerings by next year. Meanwhile, General Motors enjoyed a slight boost, with its…
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U.S. jobless claims show stability despite economic adjustments

U.S. jobless claims show stability despite economic adjustments

The United States continues to maintain a stable level of unemployment claims, reflecting a resilient labor market despite economic fluctuations. For the week ended August 17, the Labor Department reported that initial jobless claims rose slightly by 4,000 to 232,000. The modest increase follows a period of sustained low levels, with the four-week moving average holding steady between 750 and 236,000 claims. In the week ending August 10, about 1.86 million people were receiving work-related benefits, marking a small increase from the previous week. This figure underscores the ongoing stability in the labor market, as claims continue to remain at…
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Bronfman’s proposal could keep Shari Redstone’s role at Paramount.

Bronfman’s proposal could keep Shari Redstone’s role at Paramount.

Edgar Bronfman Jr. has made a major offer to acquire a major stake in Global Paramount, potentially ensuring that Shari Redstone remains a key figure within the organization. A source familiar with the negotiations said Bronfman's offer includes a clause that Redstone, who currently serves as Paramount's non-executive chairman, will continue his involvement with the company. This condition is contingent on his offer being accepted by Paramount's special committee by National Amusements, the major shareholder. Bronfman reportedly secured $6 billion to outbid Skydance Media for control of National Amusements, a company originally founded by Sumner Redstone. Both Bronfman and Skydance's…
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a reality check for research integrity

a reality check for research integrity

It’s been a year of anticipation for Lykos Therapeutics, as they await a landmark decision from the Food and Drug Administration (FDA). The drugmaker had filed an application to approve MDMA as a treatment for PTSD, expecting a positive outcome that would catapult them to new heights. However, on August 9, the FDA responded with a rebuttal, culminating growing concerns about the quality of Lykos’ clinical trials. Following the decision, the journal Psychopharmacology retracted three studies related to MDMA research, citing unethical practices and making serious allegations, including sexual misconduct by an unlicensed therapist at one of the study sites.…
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