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☆ Trump’s Call for Israel to ‘Finish Up’ War Alarms Some on the Right
▼ + stars: | 2024-04-01 | by ( Jonathan Swan | ) www.nytimes.com time to read: +1 min

Two Israeli journalists traveled to Palm Beach, Fla., a little over a week ago, hoping to elicit from Donald J. Trump a powerful expression of support for their country’s war in Gaza. Instead, one of them wrote that what they heard from Mr. Trump at Mar-a-Lago “shocked us to the core.”“Both U.S. presidential candidates, Biden and Trump, are turning their rhetorical backs on Israel,” concluded Ariel Kahana, a right-wing settler who is the senior diplomatic correspondent for Israel Hayom. The newspaper is owned by the billionaire Republican donor Miriam Adelson; Ms. Adelson herself arranged the interview with Mr. Trump, according to a person with direct knowledge of the planning. What had Mr. Trump said that so alarmed Mr. Kahana? He told the interviewers that Israel was losing public support for its Gaza assault, that the images of devastation were bad for Israel’s global image and that Prime Minister Benjamin Netanyahu should end his war soon — statements that sounded far more like something President Biden might say than the kind of cheerleading Mr. Netanyahu has come to expect from Washington Republicans.

Persons: Donald J, Trump, Lago “, ”, Ariel Kahana, Israel Hayom, Miriam Adelson, Adelson, Israel, Benjamin Netanyahu, Biden, Netanyahu Organizations: Mar, Biden, Trump, Washington Republicans Locations: Palm Beach, Fla, Gaza, Israel

☆ Trump Urges Israel to ‘Finish Up Your War’
▼ + stars: | 2024-03-25 | by ( Jonathan Weisman | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump, in an interview with a conservative Israeli news outlet that was published on Monday, exhorted Israel “to finish up your war,” mixing bellicose support for the government of Israel with harsh warnings that the Jewish state was losing international support by providing “a very bad picture for the world.”But while Mr. Trump had typically harsh words for President Biden — he called Mr. Biden “dumb” — he offered no prescriptions for what the United States should do, or for what he would do, if elected, to bring the war in Gaza to an end or to advance the cause of peace between Israel and the Palestinians. The interview with Israel Hayom, a publication started by the conservative American casino magnate Sheldon Adelson, was released on the same day that the Biden administration allowed the United Nations Security Council to pass a resolution demanding a cease-fire in Gaza. It also came as former members of Mr. Trump’s administration have become more outspoken on policies that diverge sharply from President Biden’s. Jared Kushner, Mr. Trump’s son-in-law and a former senior White House adviser who led the Trump administration’s diplomatic efforts in the Middle East, took heat last week for calling the war in Gaza “a little bit of an unfortunate situation,” then adding, “but from Israel’s perspective I would do my best to move the people out and then clean it up.”

Persons: Donald J, Trump, Israel “, Biden —, Biden, Israel Hayom, Sheldon Adelson, Trump’s, Biden’s, Jared Kushner, Mr, ” Organizations: American, United Nations Security Council, White, Trump Locations: Israeli, Israel, United States, Gaza

☆ Behind Trump's campaign cash crunch: Small-dollar donor fatigue, major donor hesitation
▼ + stars: | 2024-03-18 | by ( Brian Schwartz | ) www.cnbc.com time to read: +12 min

The drop in Trump's small-dollar contributors could be significant obstacle as the former president faces the well-funded incumbent president, Democrat Joe Biden. Falling behind BidenEvidence from earlier in the 2024 election cycle already hinted at an erosion of Trump's small-dollar donor base, or support of $200 or less. In January of this year, Trump's campaign reported raising around $3 million from small-dollar donors, according to data from OpenSecrets. Elizabeth Frantz | ReutersMeanwhile, Trump's campaign told The New York Times that February was its strongest month so far in the 2024 campaign cycle for small-dollar donations. Between Jan. 1 and Dec. 31, 2020, Trump's campaign raised over $264 million from small-dollar supporters.

Persons: Donald Trump, Marco Bello, Reuters Donald Trump's, Joe Biden, Biden, Trump's, Elizabeth Frantz, Trump, Shannon Stapleton, John Paulson, Howard Lutnick, Letitia James, Steve Schwarzman, Miriam Adelson, Denise Truscello, Stephen Louro, Long, Louro, Greg Abbott, Elise Stefanik, Haley, Nikki Haley, MAGA, Adrienne Arsht, Mike Segar, Paul Singer, Singer, Paul Singer David A, Singer's, Lara Trump, Jonathan Drake Organizations: Reuters, White, Republican Party, Federal, Commission, U.S, Capitol, Washington , D.C, New York Times, CNBC, Trump, Republican National Committee, RNC, New York, Court, Trump Organization, AFP, Getty, PAC, Democrats, Blackstone, Cleveland Clinic Lou, Brain Health, MGM, Garden, Hamptons, Republican, New York Republican, Republican Texas Gov, South Carolina Gov, Former South Carolina, NBC News, Adrienne, Adrienne Arsht Center, Performing Arts, Republicans, Haley, Grogan, American Opportunity Alliance, Politico, North, North Carolina GOP Locations: Lago, Palm Beach , Florida, U.S, Washington ,, New York City, Las Vegas , Nevada, York, Former, Miami , Florida, Houston, New York, North Carolina, Greenville , North Carolina

☆ Why can’t we stop calling X, Twitter?
▼ + stars: | 2024-02-23 | by ( Saira Mueller | ) edition.cnn.com time to read: +10 min

While some people (mainly fans of Musk) have embraced the X brand, most have not. Many people, both online and in person, still call the platform Twitter, and refer to posts as tweets. WHY ARE WE STILL CALLING THIS PLATFORM TWITTER. Even when you do see X, it's framed as "X, formerly Twitter". So the brand is what they say it is… it’s not that customers can’t stop calling it Twitter, it’s that they won’t.”

Persons: it’s, adieu, Elon Musk, — Jack Scalfani, ”, — Sherrye Pomeroy, Linda Yaccarino, It’s, ” Ramon Jimenez, Wolff Olins, “, ” Marty Neumeier, —, Musk, ’, Zoë Schiffer, Schiffer, Josh Adelson, X, x.com, ” Musk, wasn’t, Neumeier, “ It’s, ’ ” Elon Musk, Alain Jocard, James Withey, Kirill Kudryavtsev, Withey, — Sandy Horne Organizations: CNN, Twitter, Premium, Twitter Twitter, Global, Merriam, Webster, Oxford English, Liquid Agency, Elon, Musk, Twitter Inc, X Corp, Getty, The New York Times, Apple, Adobe, Google, Strategy, Innovation, Nissan, Datsun Locations: @sherrye_pomeroy, San Francisco, Paris, AFP, Frankfurt, Germany, @SandyHorne61

☆ Thursday analyst calls: Disney draws praise for earnings, AmEx gets downgrade
▼ + stars: | 2024-02-08 | by ( Brian Evans | ) www.cnbc.com time to read: +6 min

Morgan Stanley's $47 per share price target on Ally Financial implies nearly 32% upside from Wednesday's $35.68 close. The analyst reiterated an overweight rating on Disney stock alongside a $110 per share price target, or about 11% upside moving forward. Feldman his buy rating on Disney and a $120 per share price target, implying more than 21% ahead. Bank of America also reiterated a buy rating on Disney stock, and stood by its $110 per share price target. Shares have outperformed peers thanks to a strong revenue and earnings per share outlook in the company's fourth-quarter earnings report.

Persons: Morgan Stanley, Morgan Stanley's, Jeffrey Adelson, Michael Rhodes, Adelson, — Brian Evans, Goldman Sachs, Eric Sheridan, Brian Evans, Disney's, Disney, Benjamin Swinburne, Brett Feldman, Feldman, Jessica Reif Ehrlich Organizations: CNBC, American, Ally, Discover Financial, Wall, Disney, Epic, Bank of America, American Express Locations: Roblox

☆ Your next landlord may be a pro sports team
▼ + stars: | 2024-02-08 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

But team owners in recent years have turned to real estate development to bring in extra cash and drive up the asset values of their franchises. “It makes perfect sense for a team owner to play real estate,” said Propheter. “That means that team owners do have a lot of leverage,” he said. “Stadium subsidies transfer wealth from the general tax base to billionaire team owners, millionaire players, and the wealthy cohort of fans” who regularly attend games. “Generally speaking, the people who come off well are the team owners and the developers,” Zimbalist said.

Persons: ”, Geoffrey Propheter, Daniel Slim, “, Andrew Zimbalist, Louis, Harry Cabluck, Bruce Ratner, Stan Kroenke, Matthew Grimes Jr, Steve Cohen, Mark Cuban’s, Adelson, “ I’m, ” Zimbalist Organizations: New, New York CNN, Professional, Billionaire, University of Colorado Denver, Sofi, Getty, Washington Wizards, Capitals, Sweet, Smith College, Riverfront, Busch, Baltimore Orioles, Camden, Barclays Center, Nets, Los Angeles Rams, “ Battery, Atlanta Braves, Golden State Warriors ’ Chase Center, Texas Rangers, Globe, Arlington, New York Mets, Hard, Citi Field . Dallas Mavericks, Vegas Sands Corp, Management Locations: New York, North America, Inglewood , California, AFP, Washington, Alexandria , Virginia, Cincinnati, St, Pittsburgh, Brooklyn, New Jersey, ”, “ Battery Atlanta ”, Truist, Atlanta, San Francisco, “, City, Arlington , Texas, ” Cuban

☆ Mark Cuban: These 2 industries will be the 'next wave of revenue generation' in sports—but they 'aren't my strengths'
▼ + stars: | 2024-02-01 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

"To spend more time with my family and because I believe the next wave of revenue generation is around real estate and entertainment and those aren't my strengths," the billionaire responded. Cuban has never been shy about pointing out where his strengths lie, saying in the past that he is "really, really, really good at sales." Those pursuits make more sense for the Adelsons, who have a long history in the entertainment, casino and real estate space, Cuban said in a pre-game interview on Dec. 27th. It's because of their real estate empires that they've built," Cuban said. It's been hard enough learning the pharmacy and basketball business, let alone trying to learn real estate as well."

Persons: Mark Cuban's, it's, Miriam Adelson, Cuban, Adelson, It's, Sheldon Adelson Organizations: Dallas Mavericks, NBA, Cuban, Twitter, ESPN, Las Vegas Sands, Forbes, Vegas Sands, Mavericks, CNBC Locations: Las Vegas, Texas, Cuban

Analyst Oliver Chen also maintained his buy rating for Ulta stock, simultaneously lifting his price target to $580 from $570. Deutsche Bank: Reiterate buy rating and $450 price target, implying 10% upside. Kallo's price target of $300 implies that Tesla stock could rally more than 56% from its Tuesday closing price. Citi analyst Christopher Danely also stood by his buy rating on the stock while lifting his price target to $192 from $136. Analyst Jeffrey Adelson downgraded the company to underweight from equal weight and cut his price target to $6.50 from $7.

Persons: Morgan Stanley, TD Cowen, Ulta, Oliver Chen, ULTA, Chen, — Lisa Kailai Han, Goldman Sachs, Kash Rangan, Baird, Tesla, Ben Kallo, Elon Musk's, Toshiya Hari, Hari, Christopher Danely, Vivek Arya, Danely, Arya, Harlan Sur, Kannan Venkateshwar, Venkateshwar, Eric Sheridan, Sheridan, Justin Post, Ross Sandler, Sandler, Ronald Josey, Josey, Morgan Stanley downgrades, Jeffrey Adelson, Adelson, SOFI, SoFi, Fred Imbert Organizations: CNBC, Google, Microsoft, SoFi Technologies, Deutsche Bank, Citi, Barclays, Tesla, Devices, Wall Street, AMD, Bank of America, Barclays downgrades Verizon Barclays, Verizon, Venkateshwar, Bulls, Morgan Stanley downgrades SoFi Locations: Ulta

☆ Biden December fundraising blitz to star James Taylor, Spielberg
▼ + stars: | 2023-12-05 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +3 min

[1/3] U.S. President Joe Biden speaks during a reception at the White House ahead of the 46th Kennedy Center Honors gala, in Washington, U.S. December 3, 2023. "We're putting in the work across our fundraising program and look forward to again outperforming the MAGA field," Biden campaign spokesperson Kevin Munoz said. Next week, Biden will raise money in Pennsylvania and Maryland with the states' Democratic governors Josh Shapiro and Wes Moore. Recent polling has shown the GOP frontrunner leading Biden in hypothetical matchups in key swing states and on the national level. Hollywood and the entertainment industry overall lean Democratic, at least when it comes to fundraising, according to OpenSecrets, which tracks campaign contributions.

Persons: Joe Biden, Nathan Howard, Biden, James Taylor, Stephen Spielberg, Rob Reiner, Michael Smith, James Costos, Barack Obama's, Lenny Kravitz, Wendy Schmidt, Eric Schmidt, Rick Caruso, Robert Tuttle, outperforming, MAGA, Kevin Munoz, Josh Shapiro, Wes Moore, Kamala Harris, Gretchen Whitmer, Alex Padilla, Julie Chavez Rodriguez, Donald Trump, Charles Koch's, Nikki Haley, Miriam Adelson, ouptaced Trump, Jarrett Renshaw, Heather Timmons, Bill Berkrot Organizations: White, 46th Kennedy Center, REUTERS, Democratic, Reuters, HBO, Los, Biden, Super, Trump, Democratic Party, Republican, Democratic National Committee, Hollywood, Thomson Locations: Washington , U.S, Boston, California, Los Angeles, Spain, Pennsylvania, Maryland, Michigan, Alex Padilla of California

☆ Team’s Sale Reflects Growing Links Between Pro Sports and Gambling
▼ + stars: | 2023-12-03 | by ( Ken Belson | More About Ken Belson | ) www.nytimes.com time to read: +1 min

For years, professional sports organizations like the National Basketball Association and Major League Baseball prohibited liquor companies from buying advertising in locations in stadiums and arenas that could be seen on television, in deference to efforts to curb drunken driving. Suddenly, they began signing multimillion-dollar deals with companies that made rum, tequila, vodka and other hard liquor, and the advertising was displayed for all to see. It was a sign of how justifications can change seemingly overnight, especially when money is involved. (The purchase still needs to be approved by the league’s board of governors before becoming official.) “The Adelson and Dumont families are honored to have the opportunity to be stewards of this great franchise,” they said in a statement.

Persons: Miriam Adelson, “ The Adelson, Dumont, ” Organizations: National Basketball Association, Major League Baseball, Sands Corporation, Dallas Mavericks

BANGKOK (AP) — Asian shares were mostly higher Thursday ahead of an update on U.S. consumer inflation and a meeting of oil producers in Vienna. Consumer spending, the lifeblood of the economy, rose at a 3.6% annual rate from July through September. In Bangkok, the SET fell 0.5%. Facebook parent company Meta fell 2%, Google’s parent company Alphabet gave up 1.6% and Microsoft dropped 1%. Las Vegas Sands slid 4.9% after Miriam Adelson, the casino operator’s controlling shareholder, sold some $2 billion in stock.

Persons: That’s, Yue, India's Sensex, Taiwan's Taiex, Brent, gainers, Miriam Adelson Organizations: Federal, Consumer, U.S ., Bank, Nikkei, Capital Economics, OPEC, Sunday, New York Mercantile Exchange, Big Tech, Dow Jones, Nasdaq, Facebook, Meta, Microsoft, New York Stock Exchange, General Motors, GM, United Auto Workers, Canadian, Treasury, Sands Locations: BANGKOK, Vienna . U.S, U.S, Asia, Hong Kong, Shanghai, Australia, Bangkok, Sunday .

Las Vegas Sands and Adelson and Dumont families representative Ron Reese declined Wednesday to comment. Adelson, a physician, rarely gives interviews; in 2021, she told Las Vegas television station KNTV about her work with people fighting addictions. “A good person with good values, though he is totally opposite of us in his political views,” she told the Las Vegas Review-Journal then. The Adelson family owns that newspaper. Major League Baseball owners recently voted to let the Oakland Athletics relocate to Las Vegas, and the city is frequently mentioned as a possible home for an NBA team.

Persons: — Miriam Adelson, powerbroker, Adelson, Dumont, Sands, Patrick Dumont, Mark Cuban, Ron Reese, ” Adelson, “ I'm, Cuban, Miriam Adelson, ”, Sheldon Adelson, Sheldon Adelson's, “, Donald Trump, Trump, Robert Mueller's, “ Miriam, ” Trump, “ You’ve, Michael Milken, Israel Hayom, Benjamin Netanyahu, ” Miriam Adelson, Brad Alberts, “ I’m, ” Alberts, ___ Organizations: LAS VEGAS, Israel, Dallas Mavericks, Las Vegas Sands Corp, NBA, Forbes, Vegas Sands, Adelson, Las, Las Vegas, Sands, Expo, Republican, Cuban, White, Republican Jewish Coalition, Nevada’s, Vegas, Securities and Exchange Commission, Oakland Raiders, Major League Baseball, Oakland Athletics, Mavericks, Las Vegas Sands, NHL's Dallas Stars, Dallas Morning Locations: U.S, Las, Vegas, Las Vegas, Cuban, Israel, New York City, Boston, Sands, Macau, Singapore, Tel Aviv, Russia, Gaza, West, Vegas Sands, Dallas

☆ Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family
▼ + stars: | 2023-11-29 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

One week before the NBA touches down in Las Vegas for the final of its inaugural In-Season Tournament, Sin City has forged another link to the hardwood. The family of the late casino mogul Sheldon Adelson has agreed to buy a majority stake in the Dallas Mavericks from entrepreneur Mark Cuban , a source familiar with the deal said Tuesday. Las Vegas Sands disclosed plans by Miriam Adelson, Sheldon Adelson’s widow, to sell an estimated $2 billion in stock in the company, which a regulatory filing said would be “used to fund the purchase of a majority interest in a professional sports franchise…subject to customary league approvals.” NBA reporter Marc Stein first reported that the franchise in question would be the Mavericks.

Persons: Sheldon Adelson, Mark Cuban, Miriam Adelson, Sheldon Adelson’s, Marc Stein Organizations: NBA, Dallas Mavericks, Vegas Sands, Mavericks Locations: Las Vegas, Sin

Adelson, 78, is a medical doctor and widow of Sheldon Adelson, the billionaire founder and owner of Las Vegas Sands who died in 2021. Adelson and her family own the Las Vegas Sands and Las Vegas Review-Journal, Nevada’s largest newspaper. It's doubtful Adelson would try to move the Mavericks to Las Vegas, especially since Cuban will retain responsibility over basketball operations. “There’s no doubt that there’s enormous interest in this (Las Vegas) market,” Silver said at the time. Silver will also likely address the potential sale at the In-Season Tournament in Las Vegas when he speaks there during the Dec. 7-9 weekend.

Persons: — Mark Cuban, MIRIAM ADELSON, Adelson, Sheldon Adelson, Patrick Dumont, Israel Hayom, Benjamin Netanyahu, Donald Trump, Adam Silver, ” Silver, Greg Abbott, Tilman Fertitta, ”, Trump, “, Silver, Tim Reynolds, Ken Ritter, Paul Weber, ___ Organizations: LAS VEGAS, Dallas Mavericks, WHO, Las Vegas Sands, Sands, Las Vegas, Nevada’s, Republican Party, Vegas Sands, Expo, Apollo Global Management, NFL Raiders, Raiders, Bank of America, Mavericks, Cuban, NBA, TEXAS, Texas Sands, GOP, Capitol, Republican Gov, Texas Legislature, Texas GOP, Republican, NBC, Governors, Pro Locations: Las Vegas, Las, U.S, Oakland , California, Vegas, Texas, Austin , Texas

☆ Adelson family to buy majority share of Dallas Mavericks from Mark Cuban, reports say
▼ + stars: | 2023-11-29 | by ( Kevin Dotson | ) edition.cnn.com time to read: +1 min

CNN —The owner of a casino empire is preparing to buy a majority share of the NBA’s Dallas Mavericks franchise from billionaire businessman Mark Cuban, according to multiple media reports. The Adelson family will purchase a majority share of the Mavericks from Cuban for $3.5 billion, according to media reports that cited sources familiar with the deal. The deal will reportedly see Cuban retain partial ownership of the Mavericks franchise and remain in control of the team’s basketball operations. A spokesperson for the Mavericks referred all inquiries to the Adelson family. CNN has sought comment from Las Vegas Sands Corp.

Persons: Mark Cuban, Miriam Adelson, Adelson, Cuban Organizations: CNN, Dallas Mavericks, Vegas Sands Corp, Securities and Exchange Commission, Las, Mavericks, Cuban, NBA, Las Vegas Sands Corp Locations: Sands, Nevada, Macao, Singapore, Las

☆ It sure looks like Mark Cuban is walking away from everything that made him Mark Cuban
▼ + stars: | 2023-11-29 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Billionaire Mark Cuban made a name for himself as a businessman and media personality. So it could well be the end of an era for the Mark Cuban that we've come to know. AdvertisementBillionaire Mark Cuban is many things — a serial entrepreneur who has dabbled in tech and pharmaceuticals, a reality TV star, and the longtime owner of the Dallas Mavericks. But if recent reports are anything to go by, that could soon be the Mark Cuban of yesterday, as he sheds parts of his portfolio emblematic of his public persona. This may very well be the end of an era for the "Shark Tank"-starring, Mavericks-owning Mark Cuban we've all come to know.

Persons: Mark Cuban, he's, —, Cuban, Adelson, He's, Henry Ross Perot, Joe Biden, Donald Trump, Tiffany Stewart — Alexis, Alyssa, Jake, all's Organizations: Dallas Mavericks, ESPN, Cuban, Service, Associated Press, Mavericks, Twitter, NBC, Republican, Hollywood, Cuban's Dallas Mavericks, Business Insider Locations: Cuban

☆ Mark Cuban says 'no plans' to run for president in 2024 on heels of Dallas Mavericks deal
▼ + stars: | 2023-11-29 | by ( Dan Mangan | ) www.cnbc.com time to read: 1 min

Dallas Mavericks owner Mark Cuban reacts during a timeout in the game against the Golden State Warriors at American Airlines Center on March 22, 2023 in Dallas, Texas. Mark Cuban, fresh off the news that he is selling a majority stake in the Dallas Mavericks to the mega-Republican donor Adelson family, reiterated Wednesday that he has "no plans" to run for president in 2024. "No plans to run," Cuban said in an email to NBC News. Cuban in July had said his family "would disown me" if he launched a campaign for the White House. But at the same time, he had also praised efforts by the group No Labels to create a bipartisan ticket for the presidency next year.

Persons: Mark Cuban, Adelson Organizations: Dallas Mavericks, Golden State Warriors, American Airlines Center, NBC News, Cuban, White, ABC Locations: Dallas , Texas

☆ Why Dallas? Las Vegas Sands casino moguls make a play for the NBA – and Texas
▼ + stars: | 2023-11-29 | by ( Contessa Brewer | ) www.cnbc.com time to read: +3 min

After all, Las Vegas is the headquarters of the family's empire, even if it doesn't have any casino resorts in the city anymore. Adelson is the widow of Las Vegas Sands founder Sheldon Adelson, who died in January 2021. And Las Vegas is now a preeminent destination for sports, with the NHL's Golden Knights, the NFL's Raiders, the WNBA's Aces and a Formula 1 Grand Prix. He is also the president and chief operating officer of Las Vegas Sands. Las Vegas Sands itself has spent years and millions of dollars as well in pursuit of the same goal.

Persons: Miriam Adelson, Adelson, Sheldon Adelson, Adam Silver, LeBron James, he's, Shaquille O'Neal, Patrick Rishe, St . Louis, Dumont, Mark Cuban, Patrick Dumont, Miriam Adelson's, Sivan, Cuban, Sands Organizations: Dallas Mavericks, Western, Golden State Warriors, American Airlines Center, Dallas , Texas ., Las Vegas Sands, NBA's Dallas Mavericks, Vegas Sands, Golden Knights, NFL's Raiders, WNBA's Aces, League Baseball's, Vegas, NBA, Sacramento Kings, Washington University, Dallas, CNBC, Sands, Apollo Global Management, VICI, Mavericks, Dallas Morning News Locations: Dallas , Texas, Las Vegas, Vegas, Oakland, St ., Dallas, Vegas Sands, Texas

☆ Don't be surprised if Mark Cuban runs for president
▼ + stars: | 2023-11-29 | by ( Madison Hall | ) www.businessinsider.com time to read: +5 min

Mark Cuban is departing "Shark Tank" and selling his majority stake in the Dallas Mavericks. He's been outspoken about his interest in politics for years and almost ran for president in 2020. He denied on Wednesday that he's running for president, but what else could he possibly be doing? download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLater, Cuban revealed in a CNN interview that he seriously considered running for president in the 2020 race.

Persons: Mark Cuban, He's, —, Miriam Adelson, Sheldon Adelson, ABC's, that's, Ross Perot, Joe Biden, who's, Trump, Mark Cuban's, John Boehner, Hillary Clinton, Donald Trump's, America's Organizations: Dallas Mavericks, Service, Hollywood, Mavericks, Cuban, Yahoo, Fortune, Gulfstream, Kroger, Republican, Texas, CNN Locations: , Texas, Dallas

☆ Adelson family getting a 'discount' buying Mavericks stake: sports analyst Joe Pompliano
▼ + stars: | 2023-11-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAdelson family getting a 'discount' buying Mavericks stake: sports analyst Joe PomplianoHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Adelson, Joe Pompliano, Brian Sullivan, “ Organizations: Mavericks, CNBC

Billionaire investor Mark Cuban is selling a majority stake of the Dallas Mavericks to Miriam Adelson and her family — the largest shareholders in Las Vegas Sands , a source familiar with the deal told CNBC. Adelson is selling $2 billion worth of company stock, or roughly 10% of her stake, according to an announcement from the company. Las Vegas Sands disclosed in filings Tuesday that it will buy $250 million worth of Adelson's shares. Owning a sports franchise will be a significant departure from the activities that Miriam Adelson and her late husband were known for. As a medical doctor, Miriam Adelson is also widely known for her focus on addiction.

Persons: Mark Cuban, Miriam Adelson, Adelson, Sheldon Adelson, Patrick Dumont, Sands, Miriam, Nikki Haley, Donald Trump, –, Jessica Golden Organizations: Dallas Mavericks, CNBC, Cuban, Sands, NBA, Forbes, Vegas Sands, Las Vegas Sands, Republican, Center for Responsive Locations: Las Vegas Sands, Cuban, Macao, Singapore, Las, Las Vegas, Israel, United States

Dallas Mavericks owner Mark Cuban is working on a deal to sell a majority stake in the NBA franchise to the family that runs the Las Vegas Sands casino company, a person with knowledge of the talks said Tuesday night. Miriam Adelson is the controlling shareholder of Las Vegas Sands Corp., a publicly traded Las Vegas company that built the Venetian and Palazzo resorts but now only has casino operations in Macau and Singapore. Sheldon Adelson, the billionaire founder and owner of Las Vegas Sands, died in 2021 at 87. The family also owns Nevada’s largest newspaper, the Las Vegas Review-Journal. ___Associated Press writer Ken Ritter in Las Vegas contributed to this report.

Persons: Mark Cuban, Marc Stein, Miriam Adelson, Sheldon Adelson, Cuban, Dallas, Dirk Nowitzki, Adelson, Ken Ritter, ___ Organizations: Dallas Mavericks, NBA, Vegas Sands, Associated Press, Cuban, Sands, Mavericks, Las Vegas Sands Corp, Las Vegas, Securities and Exchange Commission, Miriam Adelson Trust, SEC, league’s, Governors, Republican, doesn't, Indiana University Locations: Texas, Las, Macau, Singapore, Las Vegas Sands, Cuban, Dallas, Las Vegas

☆ Stock futures are little changed on Tuesday night: Live updates
▼ + stars: | 2023-11-28 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Stock futures flickered near the flat line on Tuesday, as investors held out hope that the Federal Reserve is done raising benchmark interest rates. Futures tied to the Dow Jones Industrial Average ticked higher by 16 points, or 0.04%. S&P 500 futures and Nasdaq 100 futures added 0.03% each%. Indeed, fed funds futures pricing suggests a chance that the central bank could cut rates as early as next spring, according to the CME FedWatch Tool. On the earnings front, Hormel Foods and Dollar Tree are expected to issue quarterly results before the opening bell.

Persons: Miriam Adelson, NetApp, Christopher Waller, Waller, Adam Crisafulli Organizations: Federal, Dow Jones, Nasdaq, Las Vegas Sands, Dow, Hormel Locations: Las Vegas

☆ Stocks making the biggest moves after hours: NetApp, Workday, Leslie's, Las Vegas Sands and more
▼ + stars: | 2023-11-28 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Workday notched adjusted earnings of $1.53 per share on $1.87 billion in revenue, while analysts surveyed by LSEG, formerly known as Refinitiv, expected $1.41 in earnings per share and $1.85 billion in revenue. Leslie's is calling for an adjusted loss of 21 cents to 20 cents per share, compared to analysts' expectations for a loss of 16 cents per share, according to FactSet. Fourth-quarter adjusted earnings were also below expectations. Las Vegas Sands — The casino operator slipped 3.5% after it announced that Miriam Adelson would sell $2 billion in shares. Daily Journal — Shares of the Daily Journal are expected to be active.

Persons: NetApp, FactSet, Jabil, Miriam Adelson, Adelson, Charlie Munger, Berkshire Hathaway, — CNBC's Contessa Brewer, Darla Mercado Organizations: Wall, LSEG, Vegas Sands, Las Vegas Sands, Daily, Daily Journal, Berkshire Locations: Pleasanton , California, Vegas, Las Vegas

☆ Mark Cuban selling Dallas Mavericks majority stake to Adelson family
▼ + stars: | 2023-11-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMark Cuban selling Dallas Mavericks majority stake to Adelson familyHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Adelson, Brian Sullivan, “ Organizations: Dallas Mavericks, CNBC

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