Business of Sports: Why F1's Toto Wolff Says Losing Is a Good Thing. Why F1's Toto Wolff Says Losing Is a Good Thing. As CEO, co-owner and team principal of the Mercedes-AMG F1 team, Toto Wolff commands a billion-dollar enterprise that had an unbelievable run of success – until now. But Wolff says losing is a good thing.
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Business Of Sports If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back page entertainment. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries.
BusinessGerman Unemployment Falls for 11th Month Amid Labor ShortagesJoblessness falls 18,000 vs. estimated decline of 20,000Willingness to take on new workers has taken a knock, Ifo saysByCarolynn Look+FollowMarch 31, 2022, 7:55 AM UTCGerman joblessness fell for an 11th month as companies struggled to meet demand amid shortages of components and labor. Unemployment in Europe’s biggest economy declined by 18,000 in March, keeping the jobless rate at 5%. Economists had estimated a reduction of 20,000.
