"Bloomberg Opinion" columnists offer their opinions on issues in the news.
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.
Mexico Gang Hijackings Rattle Home of Busiest US Border Crossing
Sierra Leone Lifts Curfew After Deadly Cost-of-Living Protests
UK Opposition to Pressure Government to Retain Energy Price Cap
NYT Endorses Nadler, Goldman, Maloney in Democratic Primaries
Soros Reloads on Big Tech With Amazon, Google and New Tesla Bet
‘Pharma Bro’ Martin Shkreli’s Crypto Token Plunges After Massive Sale
Cruise Lines’ Crew Shortages Lead to Canceled Trips, Less Pizza
Jets QB Wilson Injures Knee in Preseason Win Against Eagles
The Housing Market Hangover Is Going to Last for a While
Open Your Mind to the Benefits of Nepotism
Don’t Blast Trump for Pleading the Fifth
Mark Zuckerberg’s Sheryl Sandberg Replacement Has Long Been Meta’s Top Fixer
Booming Beef Industry Has Urban Cowboys Lining Up to Buy Cattle in Uruguay
The Work-From-Home Revolution Is Also a Trap for Women
Surging Inflation Leads to Jump in Britons Needing Free Tampons
Trader Joe’s Employees at Minneapolis Store Vote for Union
The WHO Is Renaming Monkeypox and Wants Your Help
Shippers Prepare for Worst as Rhine Levels Near Critical Low
Temperatures to Rise Amid Drought, Wildfires With Thunderstorms to Come
The Real-World Architects Who Built the Sci-Fi Dystopias of ‘Westworld’
Years of Covid School Closures Leave Philippines With Deep Scars
Hong Kong’s Ban on CBD Products Leaves Companies Facing Ruin
Crypto Reddit Mobilizes After Being Pummeled by Bankruptcies
Tornado Cash Token Tumbles After Developer Arrest
An Adidas store Shanghai, China.
Deirdre Hipwell and
Adidas AG issued a profit warning after its sales were hit by lockdowns and consumer boycotts in China, offsetting strong momentum in its key western markets.
The German sneaker company said although its second-quarter results are “somewhat ahead of expectations” with strong growth in Western markets, the recovery in Greater China was slower than expected.