NFL, ESPN reach nonbinding agreement for sale of NFL Network, other media assets
The league and ESPN still have to negotiate a final agreement and get approval from NFL owners. The agreement will also have to undergo regulatory approvals.
Associated Press
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NCAA: No expansion of basketball tournaments beyond 68 teams this season
The NCAA said expansion to 72 or 76 teams could still be considered prior to the 2027 tournaments.
New Jersey says 3 chemical makers agree to ‘forever chemical’ settlement worth up to $2B
The deal with DuPont, Chemours and Corteva is the largest such settlement in the state’s history.
Thousands of Midwest Boeing workers who build fighter jets, weapons go on strike
The vote followed a weeklong cooling-off period after the machinists rejected a proposed contract that included a 20% wage increase over four years and $5,000 ratification bonuses.
Vast majority of adults stressed about grocery costs, poll finds
Other financial stressors—like the cost of housing or the amount of money in their bank accounts—weigh more heavily on younger Americans, according to polling.
NFL on the verge of selling media assets to ESPN for an equity stake in the network, sources say
The proposed move comes as ESPN is expected to soon launch its direct-to-consumer service, likely before the end of August.
Trump calls on the Federal Reserve board to take full control of central bank from Powell
Fed Chair Jerome Powell has held the benchmark rate for overnight loans constant this year, saying that Fed officials needed to see what impact President Trump’s massive tariffs had on inflation.
Hiring slows sharply as Trump advances aggressive trade agenda
U.S. markets recoiled at the jobs report and the Dow Jones industrial average tumbled more than 600 points at the opening bell Friday.
Trump’s EPA targeting key vehicle-emissions rules. Here’s what that means for carmakers.
The Environmental Protection Agency’s plan this week to relax rules aimed at cleaning up auto tailpipe emissions is the latest Trump administration move to undo incentives for automakers to go electric.
Trump announces 90-day negotiating period with Mexico as 25% tariff rates stay in place
President Trump had threatened tariffs of 30% on goods from Mexico in a July letter, something that Mexico gets to stave off for the next three months.
Trump administration launching new private health tracking system with Big Tech’s help
The new program is expected to allow Americans to share personal health data and medical records across health systems and apps run by private tech companies, making it easier to access health records and monitor wellness.
Federal Reserve leaves interest rates unchanged even as Trump demands cuts
The choice to hold off on a rate cut will almost certainly result in further conflict between the Fed and White House, as Trump has repeatedly demanded that the central bank reduce borrowing costs.
FAA chief: American Airlines crash hearings will prompt ‘uncomfortable conversations’
The National Transportation Safety Board investigation found that the Army chopper involved in a fatal midair crash at Reagan National earlier this year was flying above its altitude limit.
Economy shows strong rebound with 3% growth in second quarter
America gross domestic product—the nation’s output of goods and services—rebounded after falling at a 0.5% clip from January through March, the Commerce Department reported Wednesday.
Colts make Raimann one of the league’s highest-paid offensive linemen
Left tackle Bernhard Raimann, 27, signed a four-year contract extension after he became a stabilizing force over the past three seasons.
United States, China agree to work on extending the tariff pause deadline
China said the two sides had “in-depth, candid and constructive” discussions and agreed to work on extending a pause in tariffs beyond an Aug. 12 deadline for a trade deal for another 90 days.
Starbucks looks to protein drinks, other new products to boost lagging sales
Starbucks CEO Brian Niccol said improving store operations and paring back Starbucks’ menu was necessary before layering in new products.
Stellantis CEO targets US turnaround as carmaker faces $1.7B hit from tariffs
Of the 16 million cars Stellantis produces for sale in the U.S. market, 8 million are made in domestic plants, and another 4 million in Canada and Mexico—all with a large number of U.S. components.
Environmental Protection Agency moves to repeal finding that allows climate regulation
The proposed Environmental Protection Agency rule would rescind a 2009 declaration that determined that carbon dioxide and other greenhouse gases endanger public health and welfare.
Health officials crack down on kratom-related products after complaints from supplement industry
U.S. health officials are warning Americans about the risks of an opioid-like ingredient increasingly added to energy drinks, gummies and supplements sold at gas stations and convenience stores, recommending a nationwide ban.