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☆ Sorenstam surprised by invite to join Augusta National membership
▼ + stars: | 2023-11-01 | by ( Frank Pingue | ) www.reuters.com time to read: +2 min

Dec 18, 2022; Orlando, Florida, USA; Annika Sorenstam Walks up to the fourth tee box during the final round of the PNC Championship golf tournament at Ritz Carlton Golf Club Grande Lakes Orlando Course. Mandatory Credit: Reinhold Matay-USA TODAY Sports/File Photo Acquire Licensing RightsNov 1 (Reuters) - Swedish golfing great Annika Sorenstam said on Wednesday she was surprised by the recent invitation for her to join the renowned Augusta National Golf Club and called it one of the happiest days of her life. Sorenstam, a 10-times major champion who has won 90 titles worldwide, is the first LPGA professional to become a member at the exclusive Augusta, Georgia-based golf club that has been home of the Masters since 1934. I'm extremely honored," Sorenstam told reporters ahead of her namesake event on the LPGA Tour taking place next week in Belleair, Florida. King made no secret about what impact she hopes Sorenstam can have at Augusta National, which in 2019 began hosting the Augusta National Women's Amateur.

Persons: Annika Sorenstam, Reinhold Matay, State Condoleezza Rice, Darla Moore, Augusta, Sorenstam, Billie Jean King, Lyn St, James, Gainbridge, I'm, King, Frank Pingue, Toby Davis Organizations: PNC Championship, Ritz Carlton Golf Club, Augusta National Golf Club, Former U.S, State, LPGA, Billie Jean King Cup, Women, Motorsports, Hall of Fame, Augusta National, Thomson Locations: Orlando , Florida, USA, Ritz Carlton Golf Club Grande, Swedish, Augusta , Georgia, Belleair , Florida, Motorsports North America, Toronto

CHARLOTTE, N.C. (AP) — Rick Hendrick first met William Byron as a local Charlotte teenager, fan of Hendrick Motorsports and budding NASCAR driver. It's paid off as Byron heads to Phoenix Raceway this week with a shot at winning his first Cup title. William has always been pretty calculating, and he doesn’t drive over his head and he’s won races this year by making some aggressive moves. Should Byron win the title on Sunday, he'd be the first North Carolina-born and raised Cup champion since Dale Jarrett in 1999. 24 Chevrolet since Jeff Gordon's fourth title in 2001.

Persons: CHARLOTTE, — Rick Hendrick, William Byron, Hendrick, Hendrick snagged Byron, It's, Byron, Denny Hamlin, David Pearson, Chase Elliott, Kyle Larson, Alex Bowman, it’s, William, he’s, “, he'd, Dale Jarrett, Ryan Blaney, Jonathan Hassler, Blaney, Joey Logano, He's, Joe Gibbs, Christopher Bell, Adam Stevens, Bell, Cliff Daniels, Larson, William Byron BORN, Rudy Fugle, Jeff Gordon's Organizations: Hendrick Motorsports, NASCAR, Toyota, Phoenix, Martinsville, Hall of Famer, Hendrick, Ford, Team Penske, , North Carolina, PHOENIX, Homestead, Miami Speedway, Won, Darlington, Las Vegas, North Carolina Locations: N.C, North Carolina, , North, Norman, Oklahoma, Elk Grove , California, Vegas, Charlotte, North

There was Chase Elliott, one of his best friends, who won the 2020 Cup title and is NASCAR’s five-time reigning most popular driver. And what of William Byron, who only needed half the time to pass Blaney in career wins? Then he scored his second win of the season in the round of 12 of the playoffs at Talladega Superspeedway to earn an automatic berth into the round of eight. I think that’s the biggest thing that’s helped me out this year,” Blaney said. Rushbrook loves Blaney's chances come Sunday to give Ford a second consecutive Cup title.

Persons: CHARLOTTE, — Ryan Blaney, he'd, Chase Elliott, Bubba Wallace, Blaney, Michael Jordan, William Byron, “ There’s, ” Blaney, haven’t, Kyle, Larson, Chase, “, ’, Byron, Christopher Bell, Joey Logano, — Blaney, that’s, He's, Hendrick, Joe Gibbs, Denny Hamlin, Ford, Mark Rushbrook, —, Rushbrook, Logano, ” Rushbrook, Ryan Blaney, he's, ” Organizations: Sunday, Martinsville Speedway, Phoenix Raceway, Charlotte Motor, Talladega Superspeedway, Team Penske, Talladega, NASCAR, Homestead, Miami Speedway, Martinsville, Toyota, Ford Performance Motorsports, Phoenix, Penske Locations: N.C, Martinsville, Virginia

Formula One fanatics will get more behind-the-scenes access to the global motorsports series through a new CNBC documentary that explores the business aspects of the highest form of racing in the world. The documentary “Inside Track: The Business of Formula 1 " will debut Nov. 16 on CNBC ahead of the inaugural Las Vegas Grand Prix. The Las Vegas race is a third stop in the United States this season as F1 has expanded through North America behind a burst of popularity sparked by Netflix's own docudrama on the series. The program also examines the fan experience with a look at the Las Vegas Grand Prix, which is expected to be the most expensive event for spectators on this year's F1 schedule. Eisen also interviews F1 Academy managing director Susie Wolff with a focus on female drivers.

Persons: Netflix's, Sara Eisen, ”, Eisen, ” Eisen, Greg Maffei, Stefano Domenicali, Red Bull, Haas, Lewis Hamilton, Kevin Magnussen, Nico Hulkenberg, Susie Wolff Organizations: CNBC, Las Vegas, North America, Netflix, Liberty Media, Liberty, McLaren, F1 Locations: Vegas, United States, North, America

Vasser Sullivan started the IMSA sports car season strong enough that it was quickly apparent a championship was finally in reach for the Lexus factory program. Team owners Jimmy Vasser and James “Sulli” Sullivan think it might have saved the season. However, Jimmy and I are really glad that it did happen because it was a wakeup call, to the two of us and to the team,” Sullivan said. Vasser Sullivan ran Busch in the Rolex 24 at Daytona in 2020. And, if the opportunity presented itself, Vasser Sullivan would like to compete in IMSA's top class.

Persons: Vasser Sullivan, Ben Barnicoat, Jimmy Vasser, James “ Sulli ” Sullivan, “, Ben, Jimmy, ” Sullivan, Jack Hawksworth, It's, Chip Ganassi, Sullivan, —, they'd, Tony Kanaan, ”, Jeff Bal, Hawksworth, ” Hawksworth, Sulli, Vasser, Kyle Busch, we've Organizations: IMSA, Lexus, Watkins Glen, Team, IndyCar, Daytona, Chip Ganassi Racing, RC, GTD PRO, Lexus Motorsports, Ganassi —, Toyota, Indianapolis, NASCAR, Busch Locations: Canada, Atlanta, GTD, Charlotte

INDIANAPOLIS (AP) — Kyle Larson looked like a natural turning his first laps in an IndyCar. “Like I said in (a Cup car) you'd be really tight in (turn) one, like you're off the gas. You'd be tight in (turn) two and then you would have better balance in (turns) three and four,” Larson said. “ This has way more downforce and speed than a Cup car, but the balance of all four corners felt way more similar than a stock car. At one point, Larson accidentally hit a button on the steering wheel that he said prevented the car from moving.

Persons: — Kyle Larson, Larson, “, ” Larson, ”, Arrow McLaren, Tony Kanaan, ” Kanaan, We're, Rick Hendrick, Jeff Gordon, Gordon, I'm, ” Gordon, Hendrick, Borg Organizations: INDIANAPOLIS, NASCAR, Indianapolis, Indy, Hendrick Motorsports, ”, Warner Trophy Locations: Indianapolis, Las Vegas

The people did not want to be named because the LA committee was expected to release the information later Monday. This year, the NFL placed three games in London and two games in Germany on its schedule. Flag football, in which “tackles” are made by pulling a flag off a belt worn by each player, would be a 5-on-5 affair played on a 50-yard field. While flag football will feel familiar to the home fans, cricket will be a steep learning curve. A version called Twenty20 — a shorter version of the original game — is proposed for the schedule in Los Angeles.

Persons: ___ Organizations: NFL, Associated Press, International Olympic Committee, Tokyo Games, Flag, Games, Los Angeles . Cricket, Olympics Locations: Los Angeles, American, United States, Angeles, Mumbai, India, Paris, Brisbane, Australia, Europe, Mexico, Japan, London, Germany, U.S, Britain

☆ Stocks making the biggest moves midday: Pioneer Natural Resources, MGM Resorts, Levi Strauss and more
▼ + stars: | 2023-10-06 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Levi Strauss — Shares slid 0.8% after the denim apparel maker cut its full-year sales forecast. Late Thursday, Levi posted fiscal third-quarter revenue that missed expectations, and it cut its full-year sales guidance again. MGM Resorts — The resort and casino operator rose 4.9% after offering an update on a cybersecurity issue experienced last month. Liberty Media Formula One — Shares of the motorsports stock advanced 3.6% following an upgrade to buy from neutral by Citi. Frontdoor — The home repair company's shares climbed 4.4% on the back of a Truist upgrade to buy from hold.

Persons: Tesla, Levi Strauss —, Levi, Aehr, FactSet, Truist, — CNBC's Pia Singh, Yun Li, Michelle Fox, Samantha Subin Organizations: Resources, Street Journal, Exxon Mobil, Exxon, stoke, MGM Resorts, MGM, CNBC, Securities and Exchange Commission, Philips —, U.S . Food, Drug Administration, Philips, FDA, Pharmaceuticals, JPMorgan, Jefferies, Liberty Media, Citi, Las Vegas, UBS, AES Locations: Virginia, U.S

In the sports world, betting and gambling startups have started the last two years raising fewer and fewer funding dollars. While funding is harder to come by, startups are also facing changes in the world of sports business and technology. Insider recently released a list of the top VCs investing in sports and asked their founders, CEOs, partners, and directors what they would tell startups trying to break through. Chris GroveKey investments: Acies Investments and EKG Ventures are focused on sports, gambling, and technology. When we invest in a tech company, we have four criteria.

Persons: Tom Loverro, Cole Van Nice, Chris Grove, Chris, you've, There's, Courtside, Tom Brady, Michael Strahan's, Meredith McPherron, Alex Rodriguez, Topgolf Callaway, Brad Farkas, Steve Ahern, Lance Dietz, Craig Thompson, Michael Proman, Proman, Wayne Kimmel, SeventySix, It's, Lloyd Danzig, Sharp Organizations: Elysian Park, Acies Investments, EKG Ventures, Courtside Ventures, of Sports, Elysian Park Ventures, Club, Kinetics, PGA of America, HBSE Ventures, KB Partners, Mindspring, Scrum Ventures, Ventures, Japanese, Boom Entertainment, SeventySix, Vegas Sports Information, Inc, Entrepreneurs, Sharp Alpha Advisors Locations: Chris Grove, Chicago

The FIA decision does not guarantee Andretti will get the two-car team he wants. “Andretti Formula Racing LLC was the only entity which fulfils the selection criteria that was set in all material respects. Only four applicants completed the entire process; Andretti, with engines that would be General Motors-badged under the Cadillac banner, was deemed to be the only worthy applicant. Andretti has said his team will really be the American team with an actual American driver and the backing of GM and an American sponsor. For that reason, the parameters to join F1 and the entire application process is now extremely stringent.

Persons: Michael Andretti, Andretti, Cadillac, Mario Andretti, Michael, They've, Mohammed Ben Sulayem, Ben Sulayem, “, ” Ben Sulayem, Red Bull, Mercedes —, they've, Gene Haas, Haas Organizations: FIA, Andretti Global, Liberty Media, Andretti, Racing, “ Andretti, Motors, General Motors, GM, Audi, Honda, Ford, Porsche Locations: United States, North America, American

TALLADEGA, Ala. (AP) — Ross Chastain, the runner-up in NASCAR's championship last season, crashed out of Sunday's playoff race at Talladega Superspeedway in a collision with fellow title contenders Kyle Busch and Christopher Bell. Chastain was in a pack of cars racing to the flag that marked the end of the first stage. Busch hit the wall trying to avoid running into the back of Stenhouse, just as Chastain tried to slide through the middle to advance his position. That caused the Chevrolet from Trackhouse Racing to hit the wall and take a second hit from Bell. Chastain, who won at Talladega last year, has struggled in his four previous starts on Charlotte's hybrid road course/oval track.

Persons: — Ross Chastain, Kyle Busch, Christopher Bell, Chastain, Ricky Stenhouse, Busch, Stenhouse, ” Chastain, ”, “, we'll, Joey Logano, William Byron Organizations: Talladega, Chevrolet, Busch, Trackhouse, Bell, Charlotte Motor, “, Martinsville Speedway, Texas, 300th, Hendrick Motorsports, NASCAR, Charlotte Motor Speedway Locations: Ala, Talladega

IndyCar will return to the Milwaukee Mile next season and Texas Motor Speedway is off the calendar for the first time since 1997 in the 2024 schedule released Monday. NASCAR is expected to return to the oval, and IndyCar will race the Indianapolis road course only once — in May ahead of the Indianapolis 500. IndyCar is still finalizing an exhibition race to be held in Argentina next season that was not part of Monday's schedule announcement. Political Cartoons View All 1176 ImagesSebastien Bourdais won the final IndyCar race at the track in West Allis, Wisconsin. IndyCar is coming off its most-watched season on record with an average Total Audience Delivery of 1.32 million viewers.

Persons: Rodger Ward, Michael Andretti, Bobby Unser, Mario Andretti, A.J, Foyt, Gordon Johncock, Johnny Rutherford, Tom Sneva, Paul Tracy, Al Unser, Sebastien Bourdais, Roger Penske, Peacock, ”, Mark Miles Organizations: IndyCar, Milwaukee Mile, Texas Motor, NBC, Texas, NASCAR, Indianapolis Motor Speedway, Indianapolis, Milwaukee, Labor, Indianapolis Motor, Wisconsin, Fair, NBC Sports, Penske Entertainment Corp, USA, Motorsports Park, America, Speedway, International Raceway Locations: Southern California, Nashville, —, Argentina, West Allis , Wisconsin, Milwaukee, Wisconsin, St . Petersburg , Florida, Toronto, St . Petersburg, Long Beach, Detroit, Laguna Seca

Wallace moved up three spots to ninth in the standings, still one below the cutoff line when this round is done. Byron finished 1.863 seconds ahead of Chastain for his sixth win of the season, the most in the Cup series. For the first time since Texas opened in 1997, the race wasn't scheduled for 501 miles, and was 100 miles shorter. He finished only 73 laps and was 34th in the 36-car field, dropping from sixth to 12th in the playoff standings. Blaney and Buescher finished second and third in that race that had 57 lead changes among 21 drivers.

Persons: — William Byron, Texas Motor Speedway, Bubba Wallace, Chase Briscoe, Byron, Wallace, Ross Chastain, Chastain, Kyle Larson, Wallace hadn't, Larson, Ryan Blaney, Tyler Reddick, Hendrick, Denny Hamlin, Joe Gibbs, Ty Gibbs, Chris Bueshcher, Christopher Bell, BUSCH, Kyle Busch, didn't, Richard Childress, “, Something's, it's, ” Busch, Busch, Austin Dillon’s, Todd Gilliland, Ford, Blaney, Buescher Organizations: Texas Motor, NASCAR, Hendrick Motorsports, Texas, Chevrolet, Talladega, Richard Childress Racing Chevrolet, Talladega Superspeedway Locations: Texas, Charlotte

Denny Hamlin didn't chill Sunday with his bravado that this is indeed the year he will finally win a NASCAR championship. The day after his win at Bristol Motor Speedway hurdled Hamlin and his No. 11 team into the second round of NASCAR's playoffs, Hamlin was still pumping his chest. Hamlin shared a back-and-forth with the crowd, and that's when he first declared that this is, finally, his year. Hamlin only got the win in Bristol but was strong enough to sweep the opening two races, won by Larson and Reddick.

Persons: Denny Hamlin, hurdled Hamlin, Hamlin, ” Hamlin, Bubba Wallace, Joe Gibbs, Gibbs, He's, Hamlin didn't, Ross Chastain, Kyle Larson, Tyler Reddick, Joey Logano, Kevin Harvick, Hamlin gnawed, I've, I’m, I’ve, Ned Jarrett, Junior Johnson, “, ”, Martin Truex Jr, Christopher Bell, Truex, Logano, ” Truex, William Byron, Kyle Busch, Richard Childress, Chastain, Ford, Ryan Blaney, Brad Keselowski, Chris Buescher, Reddick, doesn't, Chris Gabehart Organizations: NASCAR, Bristol Motor, 23XI Racing, Darlington, Bristol, of Fame, JGR, ” Chevrolet, Hendrick Motorsports, Trackhouse, Team Penske, RFK Racing, Larson Locations: Tennessee, Phoenix, Kansas, Bristol

He is third behind William Byron of Hendrick Motorsports and Gibbs teammate Martin Truex Jr. with the points reset for NASCAR's second round. Logano became the first reigning champion eliminated in the first round when he crashed early in the third stage and finished 34th. Harvick, who is retiring at the end of the season, also was eliminated after finishing five laps down in 29th. Wallace gave Hamlin both of Hamlin's 23XI Racing cars spots in the next round by running a clean race. UP NEXTNASCAR opens the second round of the playoffs next Sunday at Texas Motor Speedway, which has only one Cup race this year for the first time since 2004.

Persons: Denny Hamlin, “, we've, ” Hamlin, Joe Gibbs, William Byron, Hendrick, Gibbs, Martin Truex Jr, Joey Logano, Kevin Harvick, Logano, Hamlin, Harvick, We’ve, “ I’ve, that’s, ”, Ricky Stenhouse, Michael McDowell, Stenhouse, ” McDowell, Bubba Wallace, Hamlin's, Wallace, Tyler Reddick, Coco Gauff, Michael Jordan, “ I’m, ” Wallace, ” Logano, Ford, Corey LaJoie, LaJoie, ” NASCAR's, SMITH, Daniel Hemric, Trackhouse, Zane Smith, Smith, He'll, Ty Dillon, Richard Childress Organizations: NASCAR, Bristol Motor, Daytona, Hendrick Motorsports, Ford, ”, Toyota, 23XI Racing, Bristol, Women's, Kaulig Racing, Spire Motorsports, Texas Motor, Richard Childress Racing Locations: Bristol, Kansas

☆ How Sony's Hawk-Eye electronic line-calling system transformed the U.S. Open
▼ + stars: | 2023-09-09 | by ( Sydney Boyo | ) www.cnbc.com time to read: +4 min

Instead, the tournament uses Hawk-Eye Live, an electronic line-calling system, to determine whether a tennis shot is in or out. Electronic line-calling has been around tennis since the 1980s, dating back to Cyclops, a system used during Wimbledon to judge if a ball was in play or not. "During that match, the U.S. Open was trialing a Hawk-Eye system," said Clarey. After the match, Williams received an apology and the umpire was dismissed. "The NBA have chosen Sony and Hawk-Eye technology because it raises the level of their game," said Theresa Alesso, president of Imaging Products and Solutions Americas at Sony.

Persons: Christopher Clarey, Roger Federer, Paul Hawkins, it's, Serena Williams, Jennifer Capriati, Williams, Ben Figueiredo, Figueiredo, Craig O'Shannessy, Novak Djokovic, We've, Theresa Alesso Organizations: U.S ., New York Times, International Tennis Federation, Australian, U.S, Sony, WNBA, MLS, NFL, NBA, Imaging Products, Solutions Locations: Wimbledon, U.S

The legal team had initially set a Friday deadline. "The ball is on their court, we've been waiting for their response," said Viana, a partner at law firm Vieira Rezende Advogados. His lawyers want Hamilton, who was racing for McLaren at the time to support the claims. He is an honorary Brazilian citizen and very well liked by Brazilians, so I hope he will support us," Viana said. Despite that, Viana said Massa's legal team were confident they had a strong case and enough evidence to bring the Brazilian the championship.

Persons: Felipe Massa, Lewis Hamilton, Bernardo Viana, we've, Viana, Vieira Rezende Advogados, Hamilton, Nelson Piquet Jr, Massa, Piquet, Fernando Alonso, supremo Bernie Ecclestone, Max Mosley, Mosley, Ecclestone, Charlie Whiting, Massa's, Nick de Marco, Gabriel Araujo, Ken Ferris, Toby Davis Organizations: SAO PAULO, Reuters, Formula, FIA, Ferrari, Massa, Renault, Singapore, Prix, McLaren, Hamilton, Mercedes, supremo, Thomson Locations: Singapore, Brazilian

LAUSANNE, Switzerland (AP) — Cricket, breakdancing and flag football are still waiting to find out if they will be added to the 2028 Los Angeles Olympics. The process to add sports that organizers in Los Angeles want at the 2028 Games was unexpectedly delayed Wednesday by the International Olympic Committee. India has long seemed the ideal setting to bring cricket — in its shortened T20 format — back to the Olympics for the first time since its only appearance at the 1900 Paris Games. Breaking, the official name of breakdancing, is likely to be retained in 2028 ahead of its widely anticipated debut in Paris next year. The IOC gave no new timetable Wednesday for decisions, saying that “the sports program for the Olympic Games LA28 will be discussed during a later IOC (board) meeting, to take place at a date to be decided.”___

Persons: ” Organizations: —, Angeles Olympics, International Olympic Committee, IOC, Olympic body's, Olympics, Olympic Locations: LAUSANNE, Switzerland, Los Angeles, Mumbai, India, Pakistan, Paris

☆ Mercedes and BMW want to take on Tesla. Check out their new electric concept cars
▼ + stars: | 2023-09-04 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

Mercedes-BenzMercedes-Benz and BMW took the wraps off electric concept cars as they look to catch up with Tesla in the premium end of the market. At the IAA auto show in Munich, Mercedes showed off the Mercedes-Benz Concept CLA Class while BMW revealed the BMW Vision Neue Klasse. Mercedes-Benz Concept CLA ClassThe Mercedes-Benz Concept CLA Class is built on the so-called Mercedes‑Benz Modular Architecture (MMA), a new platform designed by the German auto giant for electric cars. BMW Vision Neue KlasseThe BMW Vision Neue Klasse is BMW's answer to Tesla. BMW revealed the BMW Vision Neue Klasse, a concept electric vehicle that will underpin its foray into battery-powered cars.

Persons: Tesla, Mercedes, they're, Mercedes ‑, Benz Mercedes, Benz, Arjun Kharpal Organizations: Mercedes, Benz, Benz Mercedes, BMW, IAA, Neue, Neue Klasse, CNBC, Klasse, CNBC BMW Locations: Munich, Germany

☆ Dutch E-Bike Brand VanMoof Bought Out of Bankruptcy by Scooter Maker
▼ + stars: | 2023-08-31 | by ( Claire Moses | More About Claire Moses | ) www.nytimes.com time to read: +1 min

VanMoof, the Dutch e-bike maker that gained a zealous following but declared bankruptcy last month, has been acquired by Lavoie, an upscale electric scooter company, the firms announced on Thursday. Riders of the expensive and technologically advanced VanMoof bikes were left in limbo by the company’s bankruptcy, because the machines are built from proprietary parts that only the company made and many of the bikes’ functions are linked to a smartphone app that runs on the company’s servers. Despite the buzz around the brand, VanMoof had run into financial problems that led to a production backlog and monthslong waits for sales and repairs. But riders will not be completely out of limbo under the new ownership. “What they can’t expect in the first couple of weeks is definitive answers to the problems,” said Nick Fry, the chairman of McLaren Applied, the British motorsports technology company that owns Lavoie.

Persons: Lavoie, VanMoof, ”, Nick Fry, Fry Organizations: Riders, McLaren

☆ Here are Tuesday's biggest analyst calls: Apple, Alphabet, Pinterest, Netflix, Amazon, Nvidia & more
▼ + stars: | 2023-07-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Jefferies reiterates Apple as buy Jefferies said it's expecting a "quiet quarter" when the company reports earnings Aug. 3. Wells Fargo reiterates Netflix as overweight Wells said it's bullish heading into the company's earnings report Wednesday. Jefferies reiterates Alphabet as buy Jefferies said it's bullish heading into Alphabet earnings next week. Bank of America downgrades Lumentum to neutral from buy Bank of America called the stock an "overstated" AI beneficiary. JPMorgan reiterates Amazon as overweight JPMorgan said the e-commerce giant is its top pick heading into earnings. "

Persons: Jefferies, it's, Wells, Truist, Piper Sandler, Dave, Buster's, Piper, Bernstein, Goldman Sachs, Goldman, Max, Roth, Uber, Roth MKM, it's bullish, Morgan Stanley, Evercore, Marvell, Williams Deutsche, Sherwin Williams, JPMorgan Organizations: Apple, Netflix, Argus, Warner Brothers Discovery, Citi, Polaris Citi, 2Q, Bank of America, Nvidia, American Express, Digital, Marvell Technology Inc, Global, Inc, Deutsche Bank, Sherwin, JPMorgan Locations: capex

☆ Roku will air Formula E races as part of the streamer's first live sports deal
▼ + stars: | 2023-06-27 | by ( Yuheng Zhan | ) www.cnbc.com time to read: +3 min

Roku will become the U.S. streaming home of Formula E, the electric vehicle-powered auto racing series, with both live and on-demand replays of races. Starting with the upcoming season, the Roku channel will host 11 ABB FIA Formula E World Championship races, it said in a press release. Beginning in January, five races will also air live on CBS and simulcast on Paramount+, which will be accessible through Roku. Debuting at the Olympic Park in Beijing in 2014, Formula E's races take place worldwide, and the first fully electric racing series currently features 12 teams and 24 drivers. Last year, the company said races reached a record high of 216 million live viewers, up 10% from the previous season.

Persons: Roku, Aarti Dabas, — CNBC's Lillian Rizzo Organizations: Formula, CBS, ABB FIA Formula, Paramount, Formula E, Netflix, Research, Disney, ESPN, Comcast, NBA, Turner Sports, CNBC Locations: U.S, Portland , Oregon, Beijing

☆ James Crown, a billionaire JPMorgan board member who belonged to one of the US' richest families, died in a racing crash on his 70th birthday
▼ + stars: | 2023-06-27 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Billionaire businessman James "Jim" Crown died in a racing crash in Aspen, Colorado on Sunday. Crown collided with an impact barrier in an accident, the coroner's office told The Colorado Sun. Forbes ranked the Crown family as the US' 34th richest in 2020 with an estimated wealth of $10.2 billion. Billionaire businessman James "Jim" Crown died in a racing crash in Aspen, Colorado on Sunday, multiple news outlets reported. "The official cause of death is pending autopsy although multiple blunt force trauma is evident," the coroner's office told the publication.

Persons: James, Jim, Crown, Henry Crown, Junius Mayer Schine, Jamie Dimon, Joe Biden, Narendra Modi, Biden, Brandon Johnson, Jim Crown Organizations: Sunday . Crown, Colorado Sun, Forbes, Morning, Aspen Motorsports, The Colorado Sun, Pitkin County Coroner's, Aspen Times, Bloomberg, Henry Crown and Company, Aspen Institute, Aspen Skiing, General Dynamics, White, Indian, America, Chicago, Museum of Science and Industry, University of Chicago Locations: Aspen , Colorado, Pitkin County, Colorado, Chicago

☆ Chicago business executive and philanthropist Jim Crown killed in Colorado racetrack crash
▼ + stars: | 2023-06-27 | by ( ) www.cnbc.com time to read: +4 min

Crown, a grandson of industrialist Henry Crown and the chief executive of Henry Crown & Co., was involved in a single-vehicle accident at the Aspen Motorsports Park in Woody Creek, the Pitkin County coroner's office said in a news release. Crown's father, financier Lester Crown, said his son "was driving a race car, and it hit a wall going around a curve," the Chicago Sun-Times reported. "There never was a finer human being in every way," Lester Crown said. Crown's family business, Henry Crown & Co., invests in public and private securities, real estate, and operating companies. "The Crown family is deeply saddened by the sudden passing of Jim Crown in an accident earlier (Sunday)," his family said.

Persons: James, Jim Crown, Henry Crown, Lester Crown, Jim, Barack Obama, Michelle Obama, Brandon Johnson, Obama, Salomon, Lester, Renée Organizations: James Crown, University of Chicago, Chicago . Crown, Co, Aspen Motorsports, Chicago Sun, Times, Commercial Club of Chicago, Sun -, Chicago, Aspen Skiing Co, General Dynamics, JPMorgan Chase, The Aspen Institute, Museum of Science, Industry, President's Intelligence, Hampshire College, Stanford Law School, Salomon Brothers Inc, Capital Markets Service Locations: Chicago ., Chicago, Colorado, Woody Creek, Pitkin County, It's, Amherst , Massachusetts, New York

☆ JPMorgan, General Dynamics board member Jim Crown dies in accident
▼ + stars: | 2023-06-26 | by ( ) www.reuters.com time to read: +1 min

NEW YORK, June 26 (Reuters) - JPMorgan Chase & Co (JPM.N) and General Dynamics Corp (GD.N) board member Jim Crown died on Sunday in a vehicle accident in Colorado, a county coroner said. Crown, 70, was the chairman and chief executive officer of Henry Crown and Co., a privately owned company that invests in public and private securities, real estate and operating companies. Crown was involved in a single vehicle accident at the Aspen Motorsports Park in Woody Creek, Colorado, the Pitkin County Coroner's office said in a statement. Bank CEO Jamie Dimon said in a memo to directors seen by Reuters that Crown was an "integral part" of JPMorgan Chase. Crown was also the chairman of The Aspen Institute and trustee of the Museum of Science and Industry and the University of Chicago.

Persons: Jim Crown, Henry Crown, Jamie Dimon, Crown, Nupur Anand, Lananh Nguyen, Tatiana Bautzer, Cynthia Osterman Organizations: YORK, JPMorgan Chase &, General Dynamics Corp, Aspen Motorsports, Bank, Reuters, JPMorgan Chase, The Aspen Institute, Museum of Science, Industry, University of Chicago, Thomson Locations: Colorado, Woody Creek , Colorado, Pitkin County, New York

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