ESPN Held Talks with NBA, MLB About Selling Minority Stake in Network
Walt Disney Co.’s ESPN has held discussions with major sports leagues about selling them a minority stake in the network, according to people familiar with the matter.
Bloomberg Business
Terry Smith’s Breakup Fuels Spat Over $1 Million in Mauritius
The fund manager, popular with retail investors, is in a long-running dispute with his former partner
Celsius Lawyer Fixed Mashinsky’s Problems Until Both Got Charged
At 6:30 on a steamy New York morning, FBI agents arrested former Celsius Network Ltd Chief Executive Officer Alex Mashinsky at his sprawling penthouse on Manhattan’s Upper East Side. Hours later he pleaded not guilty to an indictment accusing the 57-year-old of a scheme to defraud customers at his now bankrupt crypto lender.
New Jersey Sues Over Congestion Pricing Plan in New York City
New York’s plan to charge drivers entering midtown Manhattan is a “brazen money grab,” New Jersey’s senior US senator said after the Garden State sued to block the congestion pricing proposal.
Druckenmiller-Backed AI Fintech Sees Demand Soar on Wall Street
Artificial intelligence tools are in high demand across Wall Street, drawing the attention of regulators and critics alike, according to Chief Executive Officer of Toggle AI Jan Szilagyi.
The Trump Classified Documents Trial Schedule — Annotated
A federal judge in Florida set a May 20 trial date in the classified documents prosecution against Donald Trump, adding a new milestone to the former president’s busy legal and political calendar next year.
Credit Suisse Pressed by US Senators Over Nazi Accounts Probe
Top US Senators accused Credit Suisse Group AG of failing to follow through on pledges to cooperate with a probe into allegations the bank concealed information about accounts held by Nazis in the decades after World War II.
Bullish Option Strategies Are Betting That Big Tech Stocks Will Grind Higher
Ahead of next week’s slew of big tech earnings, some options investors are positioning for prices to grind higher rather than see wild swings.
Oil Posts Weekly Gain as Global Supplies Tighten, Volumes Thin
Oil posted a fourth weekly gain amid lower summer trading volumes and tentative signs that global markets are tightening.
Biden Plans to Tap First Woman to Military Joint Chiefs of Staff
President Joe Biden plans to nominate Admiral Lisa Franchetti as chief of naval operations, a move that would make her the first woman to be a US military service chief.
