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Saudi Arabia’s Next Billion-Dollar Sports Play: The Boxing Takeover

Saudi Arabia’s Next Billion-Dollar Sports Play: The Boxing Takeover

Each class would include approximately 15 fighters each, allowing top talent to compete on a regular basis. The move would effectively create a single boxing entity that would replace the sometimes chaotic and frustrating system of warring fight promoters and sanctioning bodies. The new entity would have the resources and fighters to stage high-profile cards around the world. And unlike many of the sports that Saudi Arabia has already attempted to revolutionize, professional boxing may be ripe for reinvention. The sport has lost its luster and some of its allure in recent decades and is currently run by a tangled…
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Hiring in the United States is rising sharply, along with wages

Hiring in the United States is rising sharply, along with wages

Employers created 272,000 jobs last month, the Labor Department reported Friday, well above what economists had expected as hiring gradually slowed. That's an increase from the average of 232,000 jobs over the previous 12 months, muddying the picture of an economy that is relaxing to a more sustainable pace. What most concerns the Federal Reserve, which meets next week and again in July, is the 4.1% increase in wages over last year, a sign that inflation may not yet have been defeated. “For those who thought they would see a rate cut in July, that door has largely been closed,”…
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American Travelers in Europe Face Phone Outage

American Travelers in Europe Face Phone Outage

US mobile operators AT&T, Verizon and T-Mobile suffered an outage that affected travelers in Europe. Many vacationers have lost access to essential phone features such as data, calls and texts. Social media is full of frustrated travelers from Britain to Turkey, unable to connect for 24 hours. The cause of the outage remains unclear, but appears to be related to an issue with a third-party provider used for international roaming. Carriers have acknowledged the problem: AT&T says its network is operating normally, but some international customers may experience outages due to an external issue. They are working with a roaming…
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Boeing in trouble again for sharing details of plane crash investigation

Boeing in trouble again for sharing details of plane crash investigation

Boeing is facing renewed criticism after the revelation of a January crash involving a 737 Max plane. During a factory tour, a Boeing executive revealed details about the missing bolts that led to a panel coming loose in mid-flight. The information sharing has angered the National Transportation Safety Board (NTSB), which called it a “blatant violation” of investigative rules. The NTSB is investigating the crash and says Boeing is not allowed to discuss details or speculate on the cause. As punishment, they will limit Boeing’s access to information about the investigation and bar it from questioning others at an upcoming…
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Colombia’s peace agreement creates a birdwatching paradise

Colombia’s peace agreement creates a birdwatching paradise

The 2016 peace treaty, which ended decades of civil conflict in Colombia, has transformed the country into a birdwatcher's paradise. This agreement has liberated vast swathes of forests previously dominated by armed groups, making them accessible to both wildlife enthusiasts and researchers. For years, Colombia's rich biodiversity has been hidden behind the barriers of a long-running civil war. The nation's forests, home to an astonishing variety of bird species, were largely off-limits due to the presence of guerrillas and associated dangers. However, the peace agreement has made these once inaccessible areas accessible, revealing a treasure trove of avian diversity. Birdwatchers…
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