The WWE and Endeavor, the parent company of the Ultimate Fighting Championship, announced a major deal to merge the businesses. Cheddar News reporter Michelle Castillo reported on the staggering $21.4 billion merger and the implications it will have going forward. "Under the deal's terms, Endeavor will have a 51 [percent] majority stake in the company and the WWE will own the remaining 49 percent," she said.
Americans have bet over $220 billion on sports with legal gambling outlets in the five years since the U.S. Supreme Court cleared the way for all 50 states to offer it.
Cheddar's own Shannon LaNier tries out ZOZOFIT's new body suit that provides 3D scans measuring everything from waist size to body mass index. Madeleine Kanazawa, vice president of marketing for the fitness brand, breaks down how the technology works.
Former NFL star JJ Watt and his wife, former U.S. national team player Kealia Watt, announced they were investing in England's Burnley FC, which recently gained promotion to the Premier League. "Burnley ticked all the boxes -- the ownership, the team, the fanbase, the vision," Watt said, "And also the town, I think the town fits us well."