Subway risks being ‘gobbled up’ by this fast-growing rival
Subway has ignored “cries for help” from struggling franchisees for years, but is now in danger of being “swallowed” by fast-growing rivals, thousands of people say. A lawyer representing the Subway owner warned. Subway announced last week that CEO John Chidsey would be “retiring” at the end of the year. Five years have passed since […]
Arch Manning runs for touchdown to give Texas early lead in clash with rival Texas A&M
Arch Manning scored one of the biggest touchdowns for Texas this season. The 19-year-old Longhorns quarterback replaced Quinn Ewers, who was sidelined with ankle soreness, late in the first quarter of Saturday night's game against Texas A&M at Kyle Field and immediately made an impact. Ta. With Texas trailing 4-2, Manning ran into the end […]
Rangers blow lead and fall to rival Hurricanes as losing skid hits four
RALEIGH, N.C. — The win against the Hurricanes was balm for the Rangers' soul, but the loss was like more inflammation. The Blueshirts' losing streak reached four games Wednesday night after the visiting team lost a 4-3 loss to Carolina in front of a crowd at the Lenovo Center, giving up a third-period lead. A […]
Biden administration loans $6.6B to struggling Tesla rival Rivian
Shares of the struggling electric car maker that competes with Tesla have soared this week after the lame-duck Biden administration loaned the company billions of dollars. The Department of Energy announced Tuesday that it will provide Rivian with a $6.6 billion loan to build a $5 billion electric vehicle factory in Georgia that the company […]
UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion – CNBC
UniCredit SpA headquarters logo on Saturday, January 22, 2022 in Milan, Italy. Bloomberg | Getty Images Italian lender UniCredit offered on Monday to buy a domestic rival. Banco BPM The company insists it is separate from its pursuit of the German bank, which it said was acquired for about 10 billion euros ($10.5 billion). Commerzbank. […]
Daniel Jones briefly listed on Cowboys’ roster; fans clamor for ex-Giant to sign with rival
The end of an era in New York seemed to be the beginning of a new one in Dallas. The New York Giants released Daniel Jones on Friday for the first time in six seasons. The quarterback had requested his release after being demoted to the fourth team. It's a bittersweet ending for the No. […]
DirecTV calls off acquisition of satellite TV rival Dish
Satellite TV giant DirecTV has terminated its contract with Charlie Ergen's Echostar and acquired rival Dish TV and other assets. The partnership was supposed to create the country's largest pay-TV distribution company with a total of 20 million subscribers. As part of the deal, DirecTV was to pay Echostar $1 for its pay-TV business, called […]
Amazon invests additional $4B in OpenAI rival Anthropic
Anthropic announced Friday that longtime backer Amazon has poured an additional $4 billion into the artificial intelligence startup, doubling its investment in the company known for its GenAI chatbot Claude. Amazon will remain a minority investor and will be a key training partner for Anthropic's AI models, the company said. Amazon, Anthropic's primary cloud partner, […]
Amazon invests $4B in OpenAI’s biggest rival
Horizon Investments CIO Scott Ladner analyzes biotech stocks and drug development in The Claman Countdown. Anthropic announced Friday that it has received a $4 billion investment from Amazon to accelerate its artificial intelligence (AI) systems development efforts. The new funding brings Amazon's total investment in Anthropic to $8 billion and maintains the tech giant's status […]
Packers block game-winning field goal to beat Bears, pick up 11th straight victory over rival
For the second week in a row, a district game was won by blocking a field goal. This time, the Green Bay Packers blocked Chicago Bears kicker Cairo Santos' winning goal from 46 yards out and won 20-19 as time expired. Last week, the Kansas City Chiefs had a blocked field goal against the Denver […]