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Trucking company Yellow Corp. is reportedly preparing for bankruptcy. Here's what you need to know

After years of financial struggles, U.S. trucker Yellow Corp. is reportedly preparing for bankruptcy and seeing customers leave in large numbers NEW YORK -- The fate of U.S. trucking company Yellow Corp. isn't looking good. After years of financial struggles, Yellow is reportedly preparing for bankruptcy and seeing customers leave in large numbers — heightening risk for future liquidation. While no official decision has been announced by the company, the prospect of bankruptcy has renewed attention around Yellow's ongoing negotiations with unionized workers, a $700 million pandemic-era loan from the government and other bills the trucker has racked up over time. Yellow, formerly known as YRC Worldwide Inc., is one of the nation's largest less-than-truckload carriers. The Nashville, Tennessee-based company has some 30,000 employees across the country. Here's what you need to know. IS YELLOW FILING FOR BANKRUPTCY? Not yet. But industry experts suspect that a bankruptc...

WWE, UFC-parent company Endeavor merge to form $21B global fighting behemoth

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The new company, combining the UFC and WWE, holds a total value of $21 billion, the Endeavor announcement said. Endeavor, the parent company of UFC, acquired World Wrestling Entertainment on Monday in a merger that values the WWE at $9.3 billion, forming a worldwide combat Sports behemoth , the companies said in a joint announcement. Ari Emanuel, the CEO of Endeavor, will remain the head of the newly formed company, which holds a total value of $21 billion, the announcement said. UFC is worth an estimated $12.1 billion, according to the announcement. "This is a rare opportunity to create a global live sports and entertainment pureplay built for where the industry is headed," Emanuel said in a statement. Ultimately, Endeavor will retain a 51% controlling interest in the new company and WWE will hold the other 49% share. Vince McMahon, the executive chairman of WWE, will continue in that role. The announcement comes a day after the WWE's biggest event of the year, Wrest...