Sports Business and Culture Archives - Page 4 of 6

On January 27, Wall Street was upended by an unprecedented event: Nvidia’s stock crashed by 17 percent, wiping out $589 billion in market value in a single day, the largest loss of a company in United States history. The catalyst behind the sudden crash was the announcement of DeepSeek, a Chinese startup that has developed a generative artificial intelligence (AI) model that is cheaper and more resource-efficient than its American counterpart, ChatGPT.

2024 Sports Business and Culture

November 24, 2024 Elizabeth Denton

Attempted Bombing of Brazil Supreme Court

An individual attempted to destroy Brazil’s Supreme Court building in November 13, raising concerns of radicalism and security amid the upcoming G20 conference. According to The Associated Press, a man attempted to enter the Supreme Court building but could not.

Sports Business November 2024 Sports Business and Culture

November 11, 2024 Catherine Anderson

NFL to Allow Investments from Private Equity Funds

The National Football League (NFL) owners voted to allow private equity funds to buy limited stakes in teams on August 27, according to the NFL. Fans will not see immediate changes in the way teams are run, but the change is likely to affect existing NFL owners and future sales of teams, the NFL writes.

Business Culture November 2024 Sports Business and Culture

November 11, 2024 Kaila Engle

Continued Economic Disruption Caused by the Israel-Hamas War

The current Israel-Hamas conflict has been going on for a little more than a year now, starting on October 7, 2023. This conflict has created significant uncertainty in global markets, resulting in volatile energy prices, particularly in the Middle East, a key oil and gas producer.

Sports Business and Culture

November 11, 2024 Envoy Staff Writer

An End to The Boeing Strike?

One of the largest manufacturers in the United States, the Boeing Corporation, faced one of the most significant strikes in its history for the past seven weeks. Boeing employees began their strike on September 13 after 33,000 employees rejected a previously proposed deal, NPR reports. While many expected the strike to continue longer, an end was in sight.

Culture 2024 Sports Business and Culture

October 20, 2024 Envoy Staff Writer

The November 5 Election Has the Power to Reshape Puerto Rico

Puerto Rico’s upcoming November 5 election has the potential to reshape the island’s political future. Whether this will be a moment of change or simply another missed opportunity hinges on one key factor: voter turnout.

Business Culture 2024 Sports Business and Culture

October 20, 2024 Jamie Jules

Rookies in a New Playing Field: How Gen-Z is Redefining the Workplace

The entry of a young generation into the workforce is not a new phenomenon. However, Generation Z, which comprises Americans born between 1997 and 2012, presents unique challenges within a dynamic labor market.

Culture 2024 Sports Business and Culture

October 20, 2024 Erin Araneta

NewJeans Sparks Controversy Over Workplace Conditions, Raising Questions About Labor Standards in K-Pop

A young and popular K-pop group called NewJeans has been the center of controversy and attention after their public complaints about the workplace environment created by their parent company, Hybe.

Sports 2024 Sports Business and Culture

September 23, 2024 Envoy Staff Writer

Ugandan Olympic Athlete Rebecca Chepetegi Murdered, Authorities Suspect Former Partner

Olympic officials and committees mourn the loss of 33-year-old athlete Rebecca Cheptegei, who recently represented Uganda in the women’s marathon at the 2024 Paris Olympic Games. Cheptegei died on September 5 from severe burn injuries sustained in an alleged act of domestic violence, which resulted in organ failure despite efforts by a hospital in Kenya to save her life.

2024 Sports Business and Culture

September 23, 2024 Kaila Engle

Federal Court Rules Against Google’s Illegal Monopoly on Search Engine

On Monday, September 9, 2024, in Alexandria, Virginia, Google went to trial with federal prosecutors for the second time on anti-trust charges.

The Diplomatic Envoy