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Business & Lifestyle

Paris to host 2024 Olympics, Los Angeles to follow in 2028

LIMA, Peru (UPI) -- For the first time in modern Olympics history, the International Olympic Committee announced two host locations at once Wednesday: Paris in 2024 and Los Angeles in 2028. The two cities are scheduled to host the XXXIII and XXXIV Summer Olympics, respectively. "It is hard to imagine something better. Ensuring the stability of the Olympic Games for the athletes of the world for the next 11 years is something extraordinary," IOC President Thomas Bach said after a committee meeting […]

todaySeptember 13, 2017 27

Business & Lifestyle

LEGO revenue down; 1,400 job cuts to follow

BILLUND, Denmark (UPI) -- LEGO said Tuesday it plans on 1,400 job cuts, as the toy-maker's half-year revenue is down 5 percent from last year. The news comes off a nearly decade-long period of growth for LEGO, where the company had become the world's most profitable toymaker and the second-largest by sales. The toy manufacturer has long been able to compete with competition from cellphone apps and video games. LEGO said it intends to reduce its workforce by 8 percent but […]

todaySeptember 5, 2017 26

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