Posts Tagged Business

World Cup at center of Gazprom’s sponsorship empire

A plane flies past an emblem of the 2018 World Cup near the Konstantin Palace in St.Petersburg, Russia, Friday, July 24, 2015, on the eve of the Preliminary draw for the 2018 World Cup in Russia. (AP Photo/Dmitry Lovetsky)

ST. PETERSBURG, Russia (AP) — As FIFA descends on St. Petersburg for the World Cup preliminary draw Saturday, it is entering the capital of a sponsorship empire.

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WWE severs ties with wrestling star Hulk Hogan

In this Oct. 15, 2012 file photo, former professional wrestler Hulk Hogan, whose real name is Terry Bollea, arrives for a news conference at the United States Courthouse in Tampa, Fla. World Wrestling Entertainment Inc. has severed ties with Hogan. The company did not give a reason, but issued a statement Friday, July 24, 2015, saying it is “committed to embracing and celebrating individuals from all backgrounds as demonstrated by the diversity of our employees, performers and fans worldwide."  (AP Photo/Chris O'Meara, File)

STAMFORD, Conn. (AP) — World Wrestling Entertainment Inc. has severed ties with Hulk Hogan amid a report that one of the biggest stars in professional wrestling history used racial slurs in a conversation caught on a sex tape.

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Coyotes to stay for at least 2 more years under new deal

In this Wednesday, June 10, 2015, file photo, Arizona Coyotes fans Chris Webb, second from right, and Andrew Hill  show their support for their team as the Glendale Council votes whether to back out of an arena lease agreement with the NHL team during a special council meeting in Glendale, Ariz. The Arizona Coyotes and the city of Glendale have agreed to amend an existing lease agreement, which could end an ongoing legal battle between the two sides that raised questions about the team's long-term future in Glendale. The City Council will vote on the amendments to the 15-year, $225 million lease for Gila River Arena during a meeting on Friday, July 24. (David Kadlubowski/The Arizona Republic via AP, File)  MARICOPA COUNTY OUT; MAGS OUT; NO SALES; MANDATORY CREDIT

GLENDALE, Ariz. (AP) — The Glendale City Council voted unanimously in favor of a restructured arena lease agreement with the Arizona Coyotes on Friday, keeping the team in the desert for at least two more years.

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FIFA says corruption crisis hinders search for new sponsors

This Feb. 2, 2011 file photo shows a wallet containing cash and a Visa card in Surfside, Fla. Visa Inc. releases quarterly financial results on Thursday, July 23, 2015. (AP Photo/Wilfredo Lee, File)

ST. PETERSBURG, Russia (AP) — The FIFA corruption crisis is hurting its search for new World Cup sponsors.

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IOC: Pyeongchang poised to move from planning to operations

PYEONGCHANG, South Korea (AP) — IOC coordination commission leader Gunilla Lindberg says organizers of the 2018 Winter Olympics in Pyeongchang are well poised to move from planning to operational mode with six months remaining before the first of the test events.

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