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06
Nov
Business

FAA confirms which 40 markets will have airline traffic cut 10%

Forty of the busiest airports in the U.S. will see a 10% flight reduction starting Friday after the Federal Aviation Administration (FAA) announced this week that it is forcing air

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06
Nov
Business

US trade official warns up to $200B hangs in the balance as SCOTUS weighs Trump tariff case

U.S. Trade Representative Jamieson Greer warned Thursday that as much as $200 billion could be at stake as the Supreme Court considers overturning President Donald Trump’s tariff

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06
Nov
Business

Layoffs in October hit highest level for month in 22 years as companies cite cost-cutting, AI

U.S. employers ramped up layoffs in October to the highest level for the month in 22 years as companies looked to cut costs and adopt artificial intelligence (AI). A report from t

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06
Nov
Business

Trump announces deal with drugmakers to lower cost of weight-loss drugs

President Donald Trump on Thursday announced deals with pharmaceutical giants Novo Nordisk and Eli Lilly that would cut the cost of the lowest doses of their in-demand weight-loss

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06
Nov
Business

From slump to sizzle: KFC’s recipe for a comeback

KFC’s iconic fried chicken buckets are no longer enough to allow the company to stay ahead of its rivals as consumer preferences shift. The global fast-food restaurant chain

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06
Nov
Business

ESPN partners with DraftKings for exclusive sports betting deal after nixing agreement with PENN

Roughly an hour after severing ties with PENN Entertainment, which axed its own gambling platform, ESPN announced they would be partnering with DraftKings. Starting next month, Dra

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06
Nov
Business

Ken Griffin reveals ’25 bullet holes’ in Chicago building drove Citadel move to Miami

From a shaky Windy City to the steadier Sunshine State, Citadel CEO Ken Griffin revealed the real reason he moved his family and multi-billion-dollar hedge fund to Miami. “I&

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06
Nov
Business

ESPN, PENN Entertainment end sports betting partnership early in shock announcement

PENN Entertainment and ESPN mutually agreed to terminate their U.S. sports betting contract on Thursday. PENN and ESPN announced the decision in a joint statement. The early termin

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06
Nov
Business

NWSL, premier women’s soccer league, forms advisory board with Eli Manning, Magic Johnson and more investors

A massive group of current and former professional athletes, as well as cultural leaders, have come together to launch a new movement in women’s soccer. The National Women’s So

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06
Nov
Business

Tesla shareholders to decide fate of Musk’s $1T pay package

The fate of Tesla CEO Elon Musk’s proposed $1 trillion pay package will be in the balance on Thursday as shareholders vote on whether to approve the historic compensation pl

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With $5.1 billion in AUM, LGMCORP ranks as a leading alternative asset manager in the world.

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