Sports

Activision Blizzard to Buy Major League Gaming

Activision Blizzard Inc. said Monday that it has agreed to buy Major League Gaming as the videogame giant continues to pursue a foothold in fast-growing business of competitive videogames, or so-called e-sports.

Brady Fights On, Files Lawsuit to Stop Suspension

Tom Brady took the fight over his "Deflategate" suspension to social media and federal court on Wednesday, and New England Patriots owner Robert Kraft backed the three-time Super Bowl MVP, saying "I was wrong to put my faith in the league."

NFL's Redskins Fail to Restore Voided Trademarks

The National Football League's Washington Redskins failed to convince a U.S. judge to reinstate six trademark registrations canceled last year for being offensive to Native Americans.

'Deflategate' Judge to Rule Soon After Brady, NFL Talks Fail

The National Football League and its players union failed to reach a settlement in their dispute over New England quarterback Tom Brady's four-game "Deflategate" suspension despite weeks of talks, leaving a federal judge to resolve the issue in the coming days.

Court Strikes Down Possible Payments to College Athletes

A federal appeals court agreed Wednesday that the NCAA's use of college athletes' names, images and likenesses in video games and TV broadcasts violated antitrust laws but struck down a plan to allow schools to pay players up to $5,000.

Prosecutor Sets Sights On Fantasy Sports

The New York federal prosecutor who shut down the U.S. online poker industry four years ago has now set his sights on the daily fantasy-sports business.

Storm of Criticism Engulfs DraftKings, FanDuel

A storm of online criticism has roiled the two largest fantasy-sports companies in North America, casting a spotlight on an industry already under scrutiny for lacking government oversight.  

Nike Beats 2Q EPS Estimates

The athletic wear giant reported second-quarter adjusted earnings per share of 90 cents, topping expectations by four cents. Revenue slightly missed views.