Warner Bros. Discovery makes final push to acquire NBA rights
Warner Bros. Discovery (WBD) is making a final push to secure the next round of NBA rights and maintain its position as the primary broadcaster of the league’s games.
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Revenue Chairman Probes Chamber Foundation Donations
House Ways and Means Chairman Jason Smith (R-Missouri) sent a second letter Monday to the U.S. Chamber of Commerce Foundation, which is under investigation for donations from the left-leaning nonprofit Tides Foundation.
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Delta cancels nearly 700 more flights after massive IT outage
Delta Air Lines is struggling to recover from a major technical outage that first froze air traffic across the nation on Friday, cancelling or delaying more than 1,100 flights on Monday.
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Ticker
Upcoming news topics and events to watch:
The HouseTransport and InfrastructureThe Subcommittee on Railroads, Pipelines, and Hazardous Materials held a public hearing and Current state of railway safetyIt will air next Tuesday at 2pm ET “in the aftermath of the derailment in East Palestine, Ohio.”
In other news
Here’s a more detailed account of what happened that day:
CrowdStrike CEO asked to testify before Congress about cybersecurity’s role in global tech outage
WASHINGTON (AP) — U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify before Congress on…
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Good to know
Business and economic news from other media:
S&P 500 rises good day Since early June, NVIDIA stock has led the tech recovery.CNBC)
The cost of a global blackout Over $1 billion – But it’s hard to understand who pays the bill.CNN)
President Biden has dropped out of the 2024 presidential race and is endorsing Vice President Harris to take over the presidency in November, raising questions about how polls can help inform her chances of victory over former President Trump. read more
Trump slams Biden for withdrawing
Former President Trump on Sunday took to social media to slam President Biden’s decision not to seek reelection in November, calling it undemocratic and mocking Biden’s mental state. read more
What people think
Opinions on business and economic issues submitted to The Hill:
Taxing the wealthy is not a silver bullet to protect Social Security