WWE and the company that runs Ultimate Fighting Championship will combine to create a $21.4 billion sports entertainment company. A new publicly traded company will house the UFC and World Wrestling Entertainment brands, with Endeavor Group Holdings Inc. taking a 51% controlling interest in the new company. Existing WWE shareholders… Read More
Driver charged with murder after crashing into Apple store
A Massachusetts man whose SUV crashed through the glass storefront of an Apple store, killing one man and injuring nearly two dozen other people, has been charged with murder, prosecutors said. Bradley Rein, 53, was indicted by a grand jury on Tuesday on charges of second-degree murder, motor vehicle homicide… Read More
Gwyneth Paltrow awarded $1 after victory in ski crash trial
Gwyneth Paltrow wasn’t to blame for a 2016 collision with a retired optometrist on a beginner run at a posh Utah ski resort during a family vacation, a jury decided Thursday following a live-streamed trial that became a pop culture fixation. A jury awarded Paltrow $1 — a symbolic amount… Read More
Richard Branson’s company slashes a whopping 85% of workforce
Richard Branson’s Virgin Orbit is letting go of almost its entire work force with the satellite launch company finding it difficult to secure funding three months after a failed mission. The company, headquartered in Long Beach, California, will cut 675 jobs, about 85% of its workforce, according to a Friday… Read More
The Fed just got some very good news Friday
The Federal Reserve’s favored inflation gauge slowed sharply last month, an encouraging sign in the Fed’s yearlong effort to cool price pressures through steadily higher interest rates. Friday’s report from the Commerce Department showed that consumer prices rose 0.3% from January to February, down from a 0.6% increase from December… Read More
New Alexandria Ocasio-Cortez scandal erupts
by Frank Holmes, reporter Socialists aren’t supposed to care about money, but don’t tell Rep. Alexandria Ocasio-Cortez, D-N.Y. The Democratic congresswoman has been caught in a new financial scandal that her critics say proves she’s willing to sell out national security for heaps of cash from Big Tech and Beijing…. Read More
Top GOP senator sees TikTok ban blocked
Missouri Sen. Josh Hawley tried to force a Senate vote Wednesday on legislation that would ban TikTok from operating in the United States, but he was blocked by a fellow Republican as lawmakers in both chambers are still trying to figure out what action, if any, is appropriate against the… Read More
Reparations payouts in California could top $800 billion
It could cost California more than $800 billion to pay Black residents of the state reparations for slavery and discrimination, economists have told a state panel. The preliminary estimate is more than 2.5 times California’s $300 billion annual budget, and that does not include a recommended $1 million per older… Read More
This national park will increase entry fees on Saturday
The National Park Service approved the first entrance fee increase in five years for Acadia National Park, officials said Tuesday. Much of the fee increase effective Saturday will give a boost to the Island Explorer bus system, which is critical to addressing traffic congestion in the park, and other projects… Read More
FTX founder charged with paying $40M bribe to China
FTX founder Sam Bankman-Fried was charged with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business in a newly rewritten indictment unsealed Tuesday. The charge of conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act raises to… Read More
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