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October 29, 2022

Coco Gauff Extends Deal with New Balance

Coco Gauff has had a huge year. The 18-year old celebrated her high school graduation by advancing to the finals of the French Open. Also, she became New Balance’s first female athlete to debut a signature shoe. Now, Coco and New Balance are extending their partnership. To reveal the news, the two teamed up for the new “All in the Family” colorway, which Gauff will wear at this week’s WTA Finals. 

Boardroom’s Shlomo Sprung has more on the news.

Taylor Swift Sets New Personal Record, Moves 1.53M Units in Week 1 of ‘Midnights’

Lil Baby had precisely one week to sit at the top of the charts before the Swifties took over. Hits Daily Double reports that Swift’s 10th studio album Midnights had a massive first work, moving 1.53 million units. Lil Baby’s It’s Only Me took the second spot with 114,000 units. During the same period, Swift also became the single-most streamed artist with 540 million plays. Could she single handedly turn around Spotify’s profits for the calendar year? Time will tell.

FIA Hands Down Penalties to Red Bull Racing for Team Violations

The champagne is barely dry from Red Bull Racing’s celebrations for winning the 2022 Constructor’s Cup. Despite the fact that there are a few more races left in the season, the team locked up the title during last week’s race in Austin. Now, they’re facing disciplinary action from the FIA about exceeding the team budget cap in the 2021 season. The penalties will not impact their titles.

Boardroom’s Sam Dunn has all the details on the penalties and what’s next for the team. 

The Weeknd Sets New Record for Black Artists with LA Show

He may be blinded by the light, but that doesn’t stop The Weeknd. The Canadian superstar set a new record this week with the Los Angeles edition of his ‘After Hours Til Dawn Tour’ show. The tour stop brought in $11.1 million dollars and nearly 50,000 fans showed up at SoFi Stadium, marking a new record for a single-stop for a Black artist. He has two more LA shows on this leg of the tour before logging some much-deserved time off.

Amazon Stock Falters Following Disappointing Q3 Report

Not even the NFL could save Amazon. The online giant released its third quarter earnings report, which showed underperforming profits. While sales increased nearly 15% to $127.1 billion, overall income decreased by more than 7%. The news comes as Prime Video took over the sole rights to Thursday Night Football, which has brought in strong viewership numbers. The company remained optimistic about its end of year outlook, citing the upcoming holiday season as a driver of increased revenue.