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Actor Dwayne Johnson is among the investors who submitted a winning bid for the XFL — the professional football league which was in the midst of its first season when the COVID-19 pandemic cut it short.Johnson, Dany Garcia and RedBird Capital Partners combined to purchase the league for million, according to the press release. The sale is subject to bankruptcy court approval at a hearing on Friday.“The acquisition of the XFL ... is an investment for me that’s rooted deeply in two things - my passion for the game and my desire to always take care of the fans,” Johnson said in a statement. “With pride and gratitude for all that I’ve built with my own two hands, I plan to apply these callouses to the XFL, and look forward to creating something special for the players, fans, and everyone involved for the love of football.”Prior to joining WWE, Johnson played college football at the University of Miami, where he won a national championship in 1991. He later played professionally for the Calgary Stampeders of the Canadian Football League for one season.The XFL kicked off its inaugural season earlier this year with the goal of serving as a springtime development league for NFL hopefuls. The league consisted of eight teams, mainly composed of former college and NFL players. Despite modest TV ratings and an early buzz, the league closed operations in April after the COVID-19 pandemic shut down sporting events.The league is the second iteration of the XFL. In 2001, McMahon launched a football league by the same name that relied heavily on wrestling-style antics as an enticement for viewers. The league folded after one season. 1655

According to Vote.org, there was a significant increase in voter registration after Taylor Swift waded into politics.Kamari Guthrie, director of communications for the nonprofit Vote.org, told Buzzfeed that numbers had spiked both nationally and in Swift's home state of Tennessee after the singer's post Sunday on Instagram."We are up to 65,000 registrations in a single 24-hour period since T. Swift's post," Guthrie said.For comparison's sake, 190,178 new voters were registered via Vote.org nationwide during September and 56,669 in August. Swift suggested people visit the website. 594

Amazon's sales outlook for the fourth quarter was the equivalent of a lump of coal in investors' stockings. Don't worry too much: Jeff Bezos could still deliver a holiday surprise.Shares of Amazon tumbled nearly 10% Friday because investors worried the company's holiday sales could be the worst in years.Amazon (AMZN) is the second-largest retailer in the country, trailing only Walmart (WMT) in annual sales. So a weaker holiday quarter for Amazon could be a bad sign for the overall economy.The Jeff Bezos-led company said Thursday it expected fourth quarter sales to be in a range of .5 billion and .5 billion. That's less than what was expected, and the .5 billion midpoint of this guidance is an increase of just 15% from a year ago.A sales jump of 15% may sound great, but it's pretty tepid for Amazon, which posted a revenue bump of 38% in last year's fourth quarter and increases of more than 20% in both the fourth quarters of 2015 and 2016.The last time Amazon reported a fourth quarter sales increase that was less than 20% was back in 2014, when revenue was up 14.6%. 1097

According to a study published by UCLA's Anderson School of Management, the COVID-19 pandemic has put the U.S. economy into a "depression" and projects that the country's GDP won't return to pre-pandemic levels until early 2023.The study was published by David Shulman of UCLA's Anderson Forecast — a research firm at the school that publishes a quarterly outlook on the U.S. economy."Make no mistake, the public health crisis of the pandemic morphed into a depression-like crisis in the economy," Schulman wrote. "To call this crisis a recession is a misnomer."The report says that despite a drastic response from both the Trump Administration and the Federal Resevre, it will take years for both employment levels and GDP to return to were it was before COVID-19 reached America."Simply put, despite the Paycheck Protection Program too many small businesses will fail and millions of jobs in restaurants and personal service firms will disappear in the short-run," the report reads. "We believe that even with the availability of a vaccine it will take time for consumers to return to normal. (It took more than two years after 9/11 for air travel to return to its prior peak.) With businesses taking on a huge amount of debt, repayment of that debt will take a priority over new capital spending. And do not forget that state and local budgets suffered a revenue collapse that even with federal assistance it will take years to recover from."The U.S. lost 22 million non-farming jobs in the early months of the pandemic, the report says. The report does offer at least one bright spot: the housing market. The report mentions that despite high unemployment rates, "consumer demand remains strong" and that markets will return to pre-pandemic levels fairly soon.Finally, the report projects that the pandemic will accelerate some trends that were already in motion, particularly the growth of online retail, telecommuting and rising tensions between the U.S. and China. 1980

Adam Olgiun's mother tells 10News that her son is safe but his whereabouts are still unknown. Police are still asking for tips in their effort to find Olgiun.  172