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Sporticast: This World Cup Shows the American-ization of Soccer

Sporticast: This World Cup Shows the American-ization of Soccer

On the 559th Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including the start of the FIFA World Cup. It’s been 32 years since the world’s biggest sporting event was hosted in the U.S., and eight years since North America was officially awarded this […]

Morgan Stanley 'wide awake' to acquisition opportunities, CEO says

Morgan Stanley 'wide awake' to acquisition opportunities, CEO says

By Manya Saini, Saeed Azhar and Tatiana Bautzer June 9 (Reuters) - Wall Street giant Morgan Stanley is "wide awake" to potential M&A opportunities, CEO Ted Pick said on Tuesday, as regulators take a more accommodating stance toward bank deals.

Gas generator maker ERock raises $600 million in US IPO

Gas generator maker ERock raises $600 million in US IPO

June 10 (Reuters) - ERock raised $600 million in its U.S. initial public offering, the natural gas generator maker said late on Tuesday, becoming the latest company to debut amid a busy market for new listings.

Wells Fargo CFO signals 'step up' in interest income in second quarter

Wells Fargo CFO signals 'step up' in interest income in second quarter

By Manya Saini and Nupur Anand June 9 (Reuters) - U.S. banking giant Wells Fargo's net interest income will see a "step up" in the current quarter, Chief Financial Officer Mike Santomassimo said at an investor conference on Tuesday.

JPMorgan keeping a watchful eye on consumer health, executive says

JPMorgan keeping a watchful eye on consumer health, executive says

By Arasu Kannagi Basil and Nupur Anand June 9 (Reuters) - JPMorgan Chase is keeping a close watch on consumer health as worries about inflation persist, Marianne Lake, CEO of the bank's consumer and community banking division, said on Tuesday. Speaking at the Morgan Stanley U.S.

S&P downgrades JetBlue deeper into junk as high fuel costs dent recovery

S&P downgrades JetBlue deeper into junk as high fuel costs dent recovery

June 8 (Reuters) - Global ratings agency S&P said on Monday it had downgraded JetBlue Airways to "CCC+" from "B-," pushing the carrier further into junk territory as high jet fuel costs hamper its recovery.

Britain begins formal review of Paramount's $110 billion Warner Bros deal

Britain begins formal review of Paramount's $110 billion Warner Bros deal

June 9 (Reuters) - Britain's competition regulator said on Tuesday it has formally started its review of Paramount Skydance's planned $110 billion acquisition of Warner Bros Discovery, after ending the first part of its information gathering process.

FIFA and Infantino draw bipartisan skepticism ahead of the World Cup

FIFA and Infantino draw bipartisan skepticism ahead of the World Cup

FIFA President Gianni Infantino recently addressed U.S. city leaders, joking about soccer "conquering" America as the World Cup approaches

ISS urges Warner Bros shareholders to reject executive pay tied to Paramount merger

ISS urges Warner Bros shareholders to reject executive pay tied to Paramount merger

June 8 (Reuters) - Proxy adviser ISS on Monday urged Warner Bros Discovery shareholders to vote against executive pay and exit packages for CEO David Zaslav and other top executives tied to the company's merger with Paramount Skydance.

Some host cities are aiming to house, not arrest, homeless people ahead of the World Cup

Some host cities are aiming to house, not arrest, homeless people ahead of the World Cup

The World Cup is offering the 16 host cities a chance to take action against one of the biggest problems they face — homelessness

The Colts’ chances of having NFL company in Indiana are growing

The Colts’ chances of having NFL company in Indiana are growing

Could Indiana really become a two team state?

Young Knicks fans are expecting the best. I’m torn

Young Knicks fans are expecting the best. I’m torn

Maybe they’re not wrong. Maybe I am