ESPN considers adding sports leagues as partners as it transitions from cable to digital
ESPN chairman Jimmy Pitaro says the network could take on a sports league as a minority partner as the network continues its transition from a cable channel to a digital company
2023-07-26 11:59
What is Peter Thomas' net worth? 'RHOA' star Cynthia Bailey's ex faces eviction after being accused of not paying employees
An employee from Peter Thomas' restaurant Bar One had previously revealed that he failed to pay workers in order to settle debts with the IRS
2023-07-26 11:51
As West fears Tunisia collapse, hopes of IMF bailout fade
Western nations fear an economic collapse in Tunisia could trigger even greater migrant flows to Europe and have offered financial assistance. Yet prospects of Tunisia's sealing the biggest deal of all -- a $1.9-billion bailout from...
2023-07-26 11:22
Jack Ma-Backed Ant Plans Restructuring, Paving Way for HK IPO
Ant Group Co. is planning a restructuring that will break off some operations that aren’t core parts of
2023-07-26 10:52
Asian markets mixed as Fed rate decision looms, China rally fades
Asian markets were mixed Wednesday as the previous day's China-induced rally gave way to cautious trading ahead of a Federal Reserve policy decision, with fresh data reviving the possibility of more rate...
2023-07-26 10:49
Ouster of Xi’s Handpicked Foreign Minister Halts Rising Career
As foreign minister, China’s Qin Gang was expected to usher in an era of diplomacy that would help
2023-07-26 09:17
Joe Lewis: Tottenham Hotspur owner charged over alleged insider trading
British billionaire Joe Lewis is indicted in the US over an alleged insider trading scheme.
2023-07-26 08:27
Brazil regulates sports betting, taxes companies amid scandal
Brazil’s government has issued a provisional decree to authorize sports betting and tax companies’ revenues by 18%
2023-07-26 08:27
Godwin Emefiele's downfall: How Nigeria's bank boss ended up in court
The once-powerful bank chief is charged with illegally owning a shotgun, which he denies.
2023-07-26 08:25
San Francisco’s Office Demand Surges, Largely Thanks to AI Companies
The worst of San Francisco’s office pain is showing signs of easing. Demand for offices in the city
2023-07-26 07:59
US charges British billionaire Joe Lewis with insider trading
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -Joe Lewis, the British billionaire and owner of the Tottenham Hotspur
2023-07-26 07:47
Tottenham owner Joe Lewis indicted in the US for ‘brazen insider trading scheme’
Tottenham owner Joe Lewis has been indicted in New York for “orchestrating a brazen insider trading scheme”, a US attorney said. Damian Williams, the US attorney for the Southern District of New York, said in a video released by his office: “Today I’m announcing that my office, the Southern District of New York, has indicted Joe Lewis, the British billionaire, for orchestrating a brazen insider trading scheme. “We allege that for years Joe Lewis abused his access to corporate boardrooms and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots and his friends. “Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to Lewis those bets were a sure thing.” Mr Williams described Lewis’s behaviour as “classic corporate corruption”. He said: “Now, none of this was necessary. Joe Lewis is a wealthy man. But as we allege, he used inside information as a way to compensate his employees or to shower gifts on his friends and lovers. “That’s classic corporate corruption. It’s cheating, and it’s against the law. Laws that apply to everyone, no matter who you are. “That’s why Joe Lewis has been indicted and will face justice here in the Southern District of New York.” Lewis, 86, is the founder and primary investor of Bahamas-based investment firm Tavistock Group. He bought a controlling stake in the Premier League club from Lord Sugar in 2001 for £22million.
2023-07-26 07:45