Major League Baseball rejects Amazon’s $150M bid to bail out bankrupt Diamond Sports: sources

Major League Baseball rejects Amazon’s $150M bid to bail out bankrupt Diamond Sports: sources

Major League Baseball rejected a proposed roughly $150 million lifeline extended by Amazon to the nation’s largest regional sports network as it languishes in bankruptcy, The Post has learned. Diamond Sports, a subsidiary of Sinclair Broadcasting, filed for Chapter 11 protection last March as the landscape for RSNs continued to suffer a seismic shift because…

Elon Musk Criticizes WSJ Reporting on His Use of Illegal Drugs

Elon Musk Criticizes WSJ Reporting on His Use of Illegal Drugs

Updated Jan. 8, 2024 4:34 pm ET Elon Musk criticized a Wall Street Journal article detailing how leaders at Tesla and SpaceX are worried about his drug use, saying he didn’t fail drug tests and touting the business successes at his companies. He weighed in with a series of social-media posts after the article said…

Abercrombie, American Eagle and Lululemon raise holiday sales outlooks

Abercrombie, American Eagle and Lululemon raise holiday sales outlooks

Combination showing store signage from Abercrombie & Fitch and Lululemon stores. Getty Images Abercrombie & Fitch, Lululemon and American Eagle Outfitters all raised their fiscal fourth-quarter outlooks Monday, saying they drew customers looking for holiday gifts and items for themselves in November and December. Yet, Wall Street greeted the news with varying levels of enthusiasm….

Giants’ Wink Martindale resigns as defensive coordinator despite indications he’d be back: reports

Giants’ Wink Martindale resigns as defensive coordinator despite indications he’d be back: reports

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Aaron Rodgers wants Jets to cut any ‘bulls—‘ out of building that doesn’t focus on winning in 2024

Aaron Rodgers wants Jets to cut any ‘bulls—‘ out of building that doesn’t focus on winning in 2024

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What travelers need to know about the Boeing 737 Max 9 grounding

What travelers need to know about the Boeing 737 Max 9 grounding

The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board in Portland, Oregon, on Jan. 7, 2024. Ntsb | Via Reuters Airlines have canceled hundreds of flights since…

Boeing shares tumble after panel blows out midflight, FAA grounds dozens of 737 Maxes

Boeing shares tumble after panel blows out midflight, FAA grounds dozens of 737 Maxes

Shares of Boeing tumbled 8% on Monday as investors digested the news that the Federal Aviation Administration had ordered airlines to ground dozens of Boeing 737 Max 9 aircraft for urgent inspections. The FAA issued the order on Saturday after a door plug blew out in the middle of an Alaska Airlines flight on Friday when the…

J&J to acquire cancer drug developer Ambrx Biopharma for $2 billion

J&J to acquire cancer drug developer Ambrx Biopharma for $2 billion

An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Mark Ralston | AFP | Getty Images Johnson & Johnson on Monday said it will pay $2 billion in cash to acquire Ambrx Biopharma, a drugmaker specializing in one of the hottest areas of cancer treatment….

Apple iPhone sales in China fell more than 30% during first week of 2024: Analysts

Apple iPhone sales in China fell more than 30% during first week of 2024: Analysts

Apple CEO Tim Cook delivers remarks during an Apple special event in Cupertino, California, on Sept. 12, 2023. Justin Sullivan | Getty Images Apple’s iPhone sales in China were down more than 30% year over year for the first week of January, while competitors such as Xiaomi and Huawei have “remained much stronger” with flat…