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WNBA players say they’re ‘feeling movement’ as league, union push toward landmark CBA

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WNBA players say they’re ‘feeling movement’ as league, union push toward landmark CBA


A general view of the WNBA logo on the court before a WNBA game between the Atlanta Dream and the Connecticut Sun at Mohegan Sun Arena in Uncasville, Connecticut, Sept. 1, 2025.

Erica Denhoff | Icon Sportswire | Getty Images

The Women’s National Basketball Association and its Players Association are inching closer to a collective bargaining agreement, now two days past their self-imposed deadline.

The parties have been meeting around the clock at a midtown hotel in New York, with negotiations stretching into the late morning hours to hammer out a deal, according to a person familiar with the process, who asked not to be named because they were not authorized to speak publicly. There have been nine proposals exchanged between the two sides in recent days addressing nearly every issue up for discussion, the person said.

The negotiations come as women’s sports have seen major financial growth from bigger media deals and strong demand.

The WNBA previously said the new CBA would need to be in place by March 10 in order to start their season on time. Negotiations continued Thursday. It’s unclear what the delay will mean for the scheduled season start.

WNBPA President Nneka Ogwumike told reporters late Wednesday that players are “feeling movement” in the talks. The Players Association said it has been and will continue to be fully engaged in the negotiations.

“We want to play. We’ve heard that from the other side as well,” Ogwumike told reporters.

The latest league proposal included increases in nearly every category, according to a copy of the details obtained by CNBC.

According to the proposal, the league is offering a salary cap four times higher than the current cap — at $6.2 million, up from the existing cap of $1.5 million. That cap would grow annually with team and league revenue growth, per the proposal.

Average salaries would also see a major increase, starting at $570,000 in year one and growing to $850,000 in year six. The current average player salary in the league is about $120,000, according to a second person familiar with the current CBA, who asked not to be named because they were not authorized to speak on the matter publicly.

The proposal includes maximum salaries exceeding $1.3 million and growing to nearly $2 million. The current maximum contract under the existing CBA is just under $250,000, the second person added.

The sides are still at odds over revenue sharing, however, according to the first person familiar with the matter.

The latest proposal from the league includes a new uncapped revenue-sharing system that is tied to both league and team revenues, according to the version obtained by CNBC. It no longer includes minimum thresholds for sharing to be triggered.

The league is also offering new minimum standards for facility upgrades, such as locker rooms, weight rooms and treatment areas, as well as charter flight and first-class travel amenities for all league events and increased performance bonuses.

The WNBA season is set to kick off Friday, May 8, and the draft is scheduled for April 13.

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Intellia Therapeutics says its Crispr-based treatment succeeds in pivotal trial

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Intellia Therapeutics says its Crispr-based treatment succeeds in pivotal trial


Intellia Therapeutics, building exterior and company sign, Cambridge, Massachusetts, USA.

Spencer Grant | Universal Images Group | Getty Images

Intellia Therapeutics said its Crispr-based treatment for a rare swelling condition met its goals in a late-stage trial, marking a milestone for the field of gene editing and putting the company on track to seek approval from the U.S. Food and Drug Administration.

The company’s treatment uses Nobel Prize-winning technology Crispr to edit DNA and turn off the gene that controls production of a peptide that’s overactive in people with hereditary angioedema, causing them to experience potentially life-threatening swelling attacks. Intellia’s treatment is administered once through an hourslong infusion, making the edits directly in the liver.

Intellia said the one-time treatment reduced attacks by 87% compared with a placebo, meeting the study’s main goal. Six months after treatment, 62% of patients were free from attacks and weren’t using other therapies, Intellia said.

The company described the safety and tolerability of the treatment as “favorable,” reporting the most common side effects were infusion-related reactions, headaches and fatigue. Analysts were closely watching safety in the trial since a patient in a separate trial of a different treatment from Intellia died. That patient developed a liver injury and ultimately died from septic shock following an ulcer, according to the company.

“When you think about where we started with Crispr, just 12 years ago with some of the fundamental insights, I think there was a lot of talk about what might be possible, and we’ve had reports along the way in terms of milestones, but this is the first Phase 3 data in any indication with in vivo Crispr where you’re actually changing a gene that causes disease,” said Intellia CEO John Leonard.

The only FDA-approved Crispr-based medicine comes from Vertex Pharmaceuticals. Called Casgevy, the gene editing is done outside the body, or ex vivo. The process requires collecting a person’s blood cells, making the edits outside the body, then reinfusing them back into a patient. Intellia’s treatment, meanwhile, makes the edits inside the body, or in vivo.

Intellia said it has started a rolling application with the FDA and plans to complete the filing in the second half of this year. The company expects to launch the treatment in the U.S. in the first half of next year, if it’s approved.

If approved, Intellia’s treatment, lonvoguran ziclumeran, will compete with about a dozen other chronic drugs for HAE. Despite the allure of a one-time treatment, genetic medicines haven’t always been a commercial successes. BioMarin withdrew its gene therapy for Hemophilia A because of weak sales, for example.

Leonard said there are important differences between the two, like the fact that BioMarin’s therapy faced questions about how long the effects would last. In contrast, he said Intellia hasn’t seen a single case in almost six years where the effects diminished over time.

Despite the results, he’s reluctant to call Intellia’s treatment a functional cure.

“I think this is a tipping point for the disease and tipping point for Crispr-based in vivo therapy where you can make a change [and] it’s permanent,” Leonard said. “And, as far as we can tell, we don’t have a single patient in this program or other program where there’s been any waning of the effect of what we did to the gene or the effect of what we’ve seen with the clinical aspects of the disease itself. So it’s pretty exciting.”

Clarification: This story has been updated to clarify that a patient in a separate trial of a different treatment from Intellia developed acute liver injury and ultimately died from septic shock following an ulcer.

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European flight prices are falling in short-term, Wizz Air boss says

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European flight prices are falling in short-term, Wizz Air boss says



While many airlines say they are raising prices due to high fuel costs, József Váradi says European airlines are trying to boost demand



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Claire’s closes all 154 stores in UK and Ireland with loss of 1,300 jobs

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Claire’s closes all 154 stores in UK and Ireland with loss of 1,300 jobs



All of the chain’s standalone stores have stopped trading in the UK and Ireland.



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