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Photo: Patrick McDermott/Getty Images

The national dialogue about racism has renewed calls for the Washington Redskins to change their name — and now protesters are targeting their sponsors, something a former high-ranking team official called "different."

Driving the news: Nike, FedEx and PepsiCo each received letters signed by 87 investors and shareholders worth a combined $620 billion asking the brands to cut ties with the Redskins unless they change their name, AdWeek reports.

The backdrop: When a 2016 Washington Post poll found nine in 10 Native Americans weren't offended by the name, Redskins owner Daniel Snyder said the team, fans and community believe it "represents honor, respect and pride."

Meanwhile, in D.C., officials made it clear Wednesday that Snyder will not be able to build a new stadium on the 190-acre, federally-owned RFK Stadium site unless he changes the team's name, per WashPost.

  • "There is no viable path, locally or federally, for the Washington football team to return to Washington, D.C., without first changing the team name," said D.C. Deputy Mayor John Falcicchio. (They currently play in Landover, Md.)
  • "The time [for the name] has ended. There is no way to justify it. You either step into this century or you don't," said U.S. Rep. Raúl M. Grijalva (D-Ariz.).

Go deeper: The 72 hours that changed the NFL

Go deeper

Kendall Baker, author of Sports
21 mins ago - Sports

European soccer is at war

Liverpool celebrating its 2019 Champions League victory. Photo: Nigel Roddis/Getty Images

Europe's biggest soccer clubs have established The Super League, a new midweek tournament that would compete with — and threaten the very existence of — the Champions League.

Why it matters: This new league, set to start in 2023, "would bring about the most significant restructuring of elite European soccer since the 1950s, and could herald the largest transfer of wealth to a small set of teams in modern sports history," writes NYT's Tariq Panja.

Dion Rabouin, author of Markets
50 mins ago - Economy & Business

2021's expected earnings blowout begins

JPMorgan CEO Jamie Dimon. Photo: Mark Kauzlarich/Bloomberg via Getty Images

First-quarter earnings so far have been very strong, outpacing even the rosy expectations from Wall Street and that's a trend that's expected to continue for all of 2021. S&P 500 companies are on pace for one of the best quarters of positive earnings surprises on record, according to FactSet.

Why it matters: The results show that not only has the earnings recession ended for U.S. companies, but firms are performing better than expected and the economy may be justifying all the hype.

50 mins ago - Science

NASA's Mars helicopter takes flight as first aircraft piloted on another planet

Ingenuity on the surface of Mars, filmed by NASA's Perseverance rover. Photo: NASA Jet Propulsion Laboratory

NASA successfully piloted the Ingenuity Mars helicopter for its first experimental flight on Monday, briefly hovering the aircraft as NASA's Perseverance rover collected data.

Why it matters: Ingenuity's short flight marks the first time a human-built aircraft has flown on a world other than Earth, opening the door to new means of exploring planets far from our own.