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NBA Partners with Amazon, Disney, and NBC Universal in $77 Billion Media Deal, Rejecting Warner Bros.
The NBA has chosen Amazon as its new media partner for an 11-year, $77 billion deal, rejecting Warner Bros. Discovery's attempt to match the offer and limiting their rights to a streaming-only arrangement.
Southwest Plans Seat Assignments, Extra Legroom to Boost Revenue After 46% Profit Drop
Southwest Airlines' profit fell 46% in Q2 despite record revenue, prompting the airline to boost revenue by eliminating open seating, adding seat assignments and extra-legroom options, and introducing overnight flights.
Nestle Cuts Sales Forecast as Shoppers Reject Price Hikes
Nestle has lowered its sales forecast for the year to 3% growth, down from 4%, as consumers reject price hikes on its products, leading to a 5% drop in its shares.
AstraZeneca Expects Strong Profit as Demand Gets High for Cancer and Rare Disease Drugs
AstraZeneca has raised its full-year sales and profit forecast due to strong demand for its drugs for cancer, rare diseases, and heart disease.
















