The NHL has strict rules for how much teams can spend. Here’s how it works
The NHL is one of two of the big four North American sports leagues with a hard salary cap.
Business
NHL looks beyond U.S., Canada for league growth
International expansion means more robust recruiting, a bigger audience and more revenue and sponsorship opportunities.
Utah Hockey Club is beefing up Salt Lake City’s roster as a sports hub
The NHL’s Utah Hockey Club is solidifying Salt Lake City as the next sports hub, with the help of a fast-growing economy and tech billionaire Ryan Smith.
Delta expects higher profits thanks to high-end travel and ‘resilient economy’
Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.
Delta CEO says Trump administration’s approach to regulation could be ‘breath of fresh air’
Delta CEO Ed Bastian said the Trump administration could address governmental “overreach” in regulation.
Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
The Disney Treasure will make its maiden voyage in December, officially becoming the sixth ship in the company’s cruise line.
Target shares plunge 21% after discounter cuts forecast, posts biggest earnings miss in two years
Target missed on earnings and revenue even as it cut prices on thousands of items, including milk, diapers and toys, to try to attract discerning shoppers.
Comcast to spin off cable networks as subscribers flee the bundle
Comcast on Wednesday announced the spinoff of its cable networks, including CNBC, MSNBC and E!.
SpaceX completes sixth Starship flight, splashes down both booster and spacecraft
SpaceX launched its sixth Starship test flight to date on Tuesday.
Mike Tyson, Jake Paul fight was the most-streamed sporting event ever, Netflix says
Netflix said 108 million global viewers tuned in for the fight between Tyson and Paul, a major test for the streamer in the live sports realm.