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☆ WWE star Triple H appears to offer Elon Musk advice for potential cage fight with Mark Zuckerberg
▼ + stars: | 2023-08-08 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Elon Musk said on Monday that he was "going with WWE as my fighting style." That prompted Triple H to offer his advice and joke about his characteristic "X" celebration. Triple H, the former WWE star and current chief creative officer for the company, appeared to offer Elon Musk his help ahead of a potential bout with Mark Zuckerberg. "Say the word," replied Triple H. "I know a thing or two about making an X sign." But hopefully, Triple H is offering fighting tips instead of encouraging Musk to deploy the same gesture.

Persons: Elon Musk, Mark Zuckerberg, Musk, Triple, hrLFusrY3S, Joel Embiid, Georges St, Pierre, Zuckerberg Organizations: WWE, Triple H, Triple, Philadelphia 76er, NBA, UFC

☆ NFL approves sale of Washington Commanders and evies $60 million fine on ex-owner
▼ + stars: | 2023-07-20 | by ( David Close | ) edition.cnn.com time to read: +3 min

CNN —The Washington Commanders will have a new ownership group as the team’s previous owner faces a $60 million fine from the league following an independent investigation finding workplace misconduct and financial improprieties. The Commanders’ new ownership group includes Basketball Hall of Famer Magic Johnson and billionaire Mitch Rales, Harris’ longtime sports business partner. NFL commissioner Roger Goodell congratulated Harris and his partners after the unanimous vote. Johnston told a congressional committee that the Commanders owner had put his hand on her leg under the table at a work dinner and tried to persuade her to get into his limousine. “The conduct substantiated in Ms. White’s findings has no place in the NFL,” a statement from NFL commissioner Roger Goodell stated.

Persons: Josh Harris, Harris, Basketball Hall of Famer Magic Johnson, Mitch Rales, Harris ’, Roger Goodell, “ Josh, Josh, ” Goodell, Daniel Snyder, Snyder, Tanya, Dan Snyder, Mary Jo White, White, Tiffani Johnston, Johnston, ”, “, Ms, ” Snyder, —, “ Mr, Goodell Organizations: CNN, Washington, NFL, Apollo Global Management, Philadelphia 76ers, New Jersey Devils, Basketball Hall of Famer, Street Journal, former Securities and Exchange Commission, SEC, ” Locations: Washington, Minnesota

☆ NFL owners approve sale of Commanders, former owner fined $60 mln
▼ + stars: | 2023-07-20 | by ( Frank Pingue | ) www.reuters.com time to read: +4 min

July 20 (Reuters) - National Football League owners have unanimously approved the sale of the Washington Commanders franchise to a group led by the co-owner of the NBA's Philadelphia 76ers and the NHL's New Jersey Devils, the league said on Thursday. Financial terms of the deal to purchase the Commanders from Dan Snyder, who was fined $60 million by the NFL for workplace misconduct after the approval was announced, were not disclosed. Former NBA great Johnson wrote on Twitter that he is both "honored and ecstatic" to be a co-owner of an NFL team. The investigation also concluded that the Commanders withheld about $11 million in revenue, and possibly more, that should have been shared with other NFL teams. In 2021 the NFL fined the Commanders $10 million after an independent counsel review found the workplace demonstrated "a general lack of respect" towards women.

Persons: Dan Snyder, Josh Harris, Mitchell Rales, Magic Johnson, Harris, Johnson, Snyder, Frank Pingue, Deepa Babington Organizations: National Football League, Washington Commanders, Philadelphia 76ers, New Jersey Devils, NFL, Harris Blitzer Sports & Entertainment, Fame, Los Angeles Lakers, 76ers, Devils, Premier League soccer, Crystal, Apollo Global Management, Washington, NBA, Twitter, Congress, Forbes, U.S . House, Thomson Locations: Maryland, U.S, Toronto

☆ Former Commanders owner Snyder fined $60 million
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +3 min

July 20 (Reuters) - The National Football League has fined former Washington Commanders owner Dan Snyder $60 million after an investigation into allegations of misconduct and financial improprieties, the league said on Thursday after approving his sale of the team. Goodell later expanded White's review to include alleged financial misconduct at the club, after those allegations were first raised before a Congressional committee. Johnston, a former cheerleader and marketing manager for the Commanders, told members of a House Oversight Committee that Snyder made sexual advances on her. The investigators also concluded that the Commanders withheld about $11 million in revenue, and possibly more, that should have been shared with other NFL teams. The report said it was unable to determine the total amount of improperly shielded revenues as Snyder failed to fully cooperate with the investigation.

Persons: Dan Snyder, Roger Goodell, Mary Jo White, Snyder, Tiffani Johnston, Goodell, Johnston, Johnston's, Ms, White, Frank Pingue, Pritha Sarkar Organizations: National Football League, Washington, NFL, U.S . Securities, Exchange, Congress, Philadelphia 76ers, New Jersey Devils, Thomson Locations: Toronto, Lincoln

☆ Fanatics holds second investor day as the company moves toward IPO
▼ + stars: | 2023-06-13 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Portrait for a profile on Fanatics founder & CEO Michael Rubin at his office in downtown NYC. Fanatics held its second investor day in nearly a year as the company quietly moves closer to an initial public offering, a source familiar with the matter tells CNBC. Investors were also treated to a surprise visit by football great Tom Brady, an investor in the company. Last November, Rubin gathered sell-side analysts for a meet-and-greet and to talk about his growth plans for the company. And in April, the company announced it was hiring Deborah Crawford from Meta to lead investor relations, a new position at the company.

Persons: Michael Rubin, Goldman Sachs, Tom Brady, Brady, Rubin, Deborah Crawford, Ness Organizations: CNBC, Barclays, NBA Players Association, Philadelphia 76ers, New Jersey Devils, NFL, NHL, NBA, MLB, Topps, CNBC Disruptor Locations: York, NY, NYC, New York, Florida, Meta, U.S

☆ Opinion: What Oppenheimer’s reading list can teach us
▼ + stars: | 2023-06-04 | by ( Jane Carr | Opinion Jane Greenway Carr | ) edition.cnn.com time to read: +15 min

Oppenheimer’s list of books included works by Plato, mathematician Bernhard Riemann and scientist Michael Faraday, and the “Bhagavad-Gita,” with which he has famously long been associated. What happens when the inner workings and potential reach of scientific inventions are unknown, even to the human beings who create them? Still, Pride is also a time to revel in culture’s power to transform, sustain and bring joy to LGBTQ communities. But Medvedev knows that above all else he needs Putin to think of him as unequivocally loyal and useful. What it will do is help 40 million borrowers who, like me, were drowning in debt and need immediate relief.

Persons: Robert Oppenheimer, ” Oppenheimer, Plato, Bernhard Riemann, Michael Faraday, William Shakespeare’s “, ” Charles Baudelaire’s “, Fleurs, Mal ”, Eliot’s, Oppenheimer, ” Matthew Zapruder, ”, William Carlos Williams, Nick Anderson, ChatGPT, Stuart Russell, Jessica Chia, Bethany Cianciolo, Russell, isn’t, ” Russell, “, Clay Jones, Joe Biden, John Avlon, Kevin McCarthy, McCarthy, Joel Pett, Poppy Harlow, James Comey, Donald Trump, Republicans ’, MAGA, Julian Zelizer, Zelizer, Trump, Kayleigh McEnany, Rob Finnerty, Matt Wolking, Cupp, McEnany, that’s, Kayleigh, Pride Luciano, Sereno, Luciano Vecchio, It’s, ” Vecchio, “ Sereno, Dmitry Medvedev, Vladimir Putin, Russia’s, Frida Ghitis, Medvedev, Putin, ” Medvedev “, Michael Bociurkiw, Biden, Sophia A, Nelson ., Nelson, it’s, …, Brandon Bell, Jill Filipovic —, —, Filipovic, we’ve, ” Don’t, Keith Magee, Kara Alaimo, James Moore, Texas GOP Tess Taylor, Lala Tanmoy Das, Alex Soros, Scottie Pippen can’t, Jordan, Scottie Pippen, Nathaniel S, Butler, NBAE, Michael Jordan, ” Pippen, Charles Barkley, Phil Jackson —, Will Leitch, ” Leitch, Pippen, Leitch, There’s Organizations: CNN, Manhattan, American, Committee, Tribune, Agency, Biden, Republicans, Trump, GOP, Luciano Vecchio Pride, United, AFP, Russia’s Security, Republican, Texas GOP, Philadelphia 76ers, Getty, NBA Locations: Berkeley, Iowa, revel, it’s, Argentina, United Russia, United Kingdom, Russia, Houston City, America, European, Texas

CNN —The Miami Heat closed out the Boston Celtics in the NBA’s Eastern Conference Finals on Monday, winning a deciding Game 7 103-84 to advance to the NBA Finals against the Denver Nuggets. The Nuggets have not played a game in a week after sweeping the Los Angeles Lakers in the Western Conference Finals last Monday. 1-seeded Milwaukee Bucks in the first round, before winning a war of attrition against the Knicks in the Eastern Conference semis. This brought the Heat and the Celtics together in the Eastern Conference Finals. Back-to-back blowouts meant that Boston took the series back to Miami for Game 6 – the most crucial game of the series so far.

☆ 'No one's safe': Sixers cut Rivers after repeat playoffs disappointment
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +1 min

May 16 (Reuters) - Philadelphia 76ers head coach Doc Rivers was fired on Tuesday after a humiliating Game 7 loss to the Boston Celtics, as the team bounced out in the second round of the NBA playoffs for a third straight year. After Sunday's gut-wrenching 112-88 defeat in Boston, he told reporters he would stay, but acknowledged, "No one's safe in our business." Rivers is not alone: On Saturday the Phoenix Suns fired head coach Monty Williams - who won Coach of the Year in 2022 - after losing the conference semifinals for a second straight year. Williams led Phoenix to the NBA Finals in the 2020-21 season, where they lost to the Milwaukee Bucks. Reporting by Amy Tennery in New York Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ Tatum relishing Celtics' conference finals rematch against Miami
▼ + stars: | 2023-05-14 | by ( ) www.reuters.com time to read: +2 min

May 14 (Reuters) - Four-time All-Star Jayson Tatum is savoring his Boston Celtics' upcoming Eastern Conference Finals rematch against the Miami Heat, after stomping out the Philadelphia 76ers 112-88 on Sunday with a record-breaking 51 points in Game 7. The Celtics beat the Heat a year ago en route to the NBA Finals, where they lost to the Golden State Warriors. Tatum promised there would be fireworks when their rivalry with Miami continues this week. The Heat have enjoyed a charmed run as the first eighth seeds in nearly a quarter-century to reach the conference finals. The Celtics and the Heat meet for Game 1 of the Eastern Conference Finals in Boston on Wednesday.

☆ Jayson Tatum Shines as Boston Celtics Blow Out Sixers in Game 7
▼ + stars: | 2023-05-14 | by ( Scott Cacciola | ) www.nytimes.com time to read: 1 min

BOSTON — Jaylen Brown had used his public platform ahead of Sunday afternoon’s game to deliver a clear message to Celtics fans. On Sunday, before Game 7, he urged the fans to be much louder. He got what he wanted as the Celtics beat the Sixers, 112-88, to close out the series. The fans cheered every dunk and 3-pointer, every defensive stop and offensive rebound. They cheered any time Celtics forward Jayson Tatum got the ball.

☆ Heat become first eighth seed to reach Conference Finals in 24 years
▼ + stars: | 2023-05-13 | by ( ) www.reuters.com time to read: +1 min

Six-time All-Star Jimmy Butler put up 24 points with eight rebounds and four assists to steer the Heat past a Knicks team that was desperate to stay alive in front of a raucous Miami crowd. They will next meet either the Philadelphia 76ers or Boston Celtics, who eliminated them in the conference finals a year ago. "We've been in games like this all year long, we're prepared for it," Butler said in a televised interview. The Heat, who dominated first seeded Milwaukee Bucks in their opening round, are only the second eighth seed to reach the conference finals after the Knicks, who did it in 1999. Reporting by Amy Tennery in New York; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

New York CNN —Dan and Tanya Snyder agreed to sell the Washington Commanders franchise to a group led by Josh Harris on Friday, according to a statement from from the team and the investment group. The group also includes NBA legend Magic Johnson as well as Mitchell Rales, the billionaire co-founder of conglomerate Danaher. Harris’ ownership groups include Johnson and billionaire Mitch Rales, Harris’ longtime sports business partner. Snyder first purchased the team, which was then known as the Washington Redskins, for a reported $750 million in 1999. The only franchises from other sports worth more than that $5.6 billion estimated value are the New York Yankees and New York Knicks.

☆ Commanders reach agreement to sell franchise to Harris-led group
▼ + stars: | 2023-05-12 | by ( ) www.reuters.com time to read: +3 min

Financial terms of the deal, which is subject to league approval, were not disclosed though reports in April said the agreement was for an NFL-record price of $6.05 billion. "We are very pleased to have reached an agreement for the sale of the Commanders franchise with Josh Harris, an area native, and his impressive group of partners," Commanders co-owners Dan and Tanya Snyder said in a news release. "We look forward to the prompt completion of this transaction and to rooting for Josh and the team in the coming years." "We look forward to the formal approval of our ownership by the NFL in the months ahead and to having the honor to serve as responsible and accountable stewards of the Commanders franchise moving forward." In 2021 the NFL fined the Commanders $10 million after an independent counsel review found the workplace demonstrated "a general lack of respect" towards women.

☆ Joel Embiid's 'improbable' journey from newcomer to NBA MVP
▼ + stars: | 2023-05-09 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +11 min

“He’s the biggest film nerd there is in the NBA,” Hanlen laughs. The ultimate scorerDespite his ‘Joel Troel’ alter-ego, Embiid’s approach to the game shows he is everything but a joker who fools around. Speaking after being named MVP, Embiid said: “I’d say the biggest key of it is, obviously, I’m all about family. Arthur is named after Embiid’s late brother who passed away shortly after the 2014 NBA Draft. But improbable doesn’t mean impossible.”Hanlen then summed up Embiid’s overall approach by saying: “I would just say he’s obsessed with greatness.

☆ Harden says 76ers taking confidence on the road after leveling series
▼ + stars: | 2023-05-07 | by ( ) www.reuters.com time to read: +2 min

Mandatory Credit: Eric Hartline-USA TODAY SportsMay 7 (Reuters) - The Philadelphia 76ers hit the road to Boston with "huge confidence" this week after winning Game 4 116-115 against the Celtics on Sunday to level their conference semi-final series courtesy of another clutch three-pointer from James Harden. The game was a much-needed injection of confidence, Harden said in a televised interview after the game, after a pair of demoralizing losses with Embiid battling through a sprained right knee. "Huge confidence, huge confidence. "He just gave me good luck - he brought me good vibes, good energy," said Harden, adding he would invite Hao "every game - here on out." The Sixers face the Celtics in Boston for Game 5 on Tuesday.

☆ Simmons keen to represent Australia at World Cup - coach
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +2 min

[1/2] Mar 1, 2023; New York, New York, USA; Brooklyn Nets injured guard Ben Simmons (10) watches from the bench during the third quarter against the New York Knicks at Madison Square Garden. Mandatory Credit: Brad Penner-USA TODAY SportsMELBOURNE, May 5 (Reuters) - Three-times NBA All-Star Ben Simmons is getting his health back and is a "strong chance" to represent Australia at the World Cup, coach Brian Goorjian said. Simmons has repeatedly pulled out of playing major tournaments for Australia, including the Boomers' bronze medal-winning Olympics in Tokyo. However, Goorjian said Simmons now wanted to be in the national setup for the August-September World Cup in Philippines, Japan and Indonesia. "But that was a very tough situation (in Philadelphia) and he was in the process of change."

☆ Philadelphia 76ers Embiid wins first MVP award
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +1 min

May 2 (Reuters) - Philadelphia 76ers center Joel Embiid has won the NBA's Most Valuable Player award for the first time, the league announced on Tuesday. Embiid was chosen over Denver Nuggets center Nikola Jokic, to whom he lost the award in the past two seasons, and Milwaukee Bucks forward Giannis Antetokounmpo, who won back-to-back awards in 2019 and 2020. The Cameroonian big man received 73 first-place votes from a panel of 100 broadcasters and journalists, marking the fifth consecutive win for an international player. The 29-year-old is only the second African player to become MVP after Nigerian-American Hakeem Olajuwon from the Houston Rockets in the 1993-94 season. The MVP trophy was renamed this season after Michael Jordan, widely regarded as one of the greatest players of all time.

☆ Embiid hopes 'improbable' path to MVP will inspire
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +2 min

May 3 (Reuters) - National Basketball Association (NBA) MVP Joel Embiid hopes to be a role model of perseverance after overcoming extraordinary odds, the Philadelphia 76ers center said on Wednesday. "I felt like it was kind of my fault because I left Cameroon, I left, you know, my family. I felt like I should have been there to do something," said Embiid, who missed the first two seasons of his career with a broken foot. Embiid, who came second in MVP voting to Denver Nuggets center Nikola Jokic in the last two seasons, produced an undeniable MVP campaign this time around, averaging a career-high 33.1 points per game, with 10.2 rebounds and 4.2 assists. Reporting by Amy Tennery in New York Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ Dimmed Suns hope to recapture fire at home against Nuggets
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +2 min

May 2 (Reuters) - The Phoenix Suns return to the Valley with the grim task of turning around their Western Conference semi-final campaign against the Denver Nuggets on Friday, with star point guard Chris Paul's future uncertain. After the Nuggets humbled them 125-107 in Saturday's opener, the Suns improved their defense but little else in Monday's Game 2, losing 97-87. CURRY VS. LEBRONElsewhere in the playoffs picture, a star-studded California clash between LeBron James' Los Angeles Lakers and defending champions Golden State Warriors kicks off in San Francisco on Tuesday. Philadelphia star James Harden equalled his career playoff high 45 points on Monday and will need another high-caliber performance for Game 2 in Boston on Wednesday with Embiid's future unclear. Philadelphia head coach Doc Rivers told reporters their ability to win without Embiid was a testament to his players' preparedness.

☆ Fanatics moves one step closer to IPO, hiring Meta's head of investor relations
▼ + stars: | 2023-04-27 | by ( Ian Thomas | ) www.cnbc.com time to read: +7 min

While an IPO is not on the immediate horizon, the company is taking a step in the direction of preparing for one, hiring Meta's investor relations head to further build out its engagement with current and future shareholders. Deborah Crawford, who has served as Meta 's vice president of investor relations for more than eight years, is being appointed as Fanatics' head of investor relations, a new position at the company. Prior to Meta, Crawford was head of investor relations for Netflix, where she helped initiate the streaming company's first formal investor relations function, according to Fanatics. Schiffman declined to comment on the potential timing of a Fanatics IPO but confirmed the company has a goal of going public. Fanatics has seen its valuation and investor roster drastically expand in recent years, which has also helped to fuel IPO chatter.

☆ Canadian billionaire Steve Apostolopoulos says he's still in the running with his bid for the Washington Commanders
▼ + stars: | 2023-04-24 | by ( Jessica Golden | ) www.cnbc.com time to read: +1 min

Canadian billionaire Steve Apostolopoulos appeared on CNBC's Squawk Box on Monday, telling Andrew Ross Sorkin that he's "still in the hunt" when it comes to purchasing the Washington Commanders. Earlier this month, an ownership group led by Philadelphia 76ers and New Jersey Devils owner Josh Harris made a bid worth an estimated $6 billion. Both the league and Harris' ownership group declined to comment on Apostolopoulos' remarks. The Toronto businessman is a managing partner of the real estate firm Triple Group of Companies and he's the founder of the private equity firm Six Ventures. "It is a tremendous city, it is a tremendous team, there is lots of great things happening in that market and we are real estate guys, so we look from real estate standpoint as well."

☆ LeBron James leads the Los Angeles Lakers to a 111-101 win and 2-1 series lead against the Memphis Grizzlies
▼ + stars: | 2023-04-23 | by ( Patrick Sung | ) edition.cnn.com time to read: +4 min

Los Angeles Lakers superstar LeBron James and center Anthony Davis had strong performances to help lead LA to a big 111-101 win over the Grizzlies in front of a sold-out crowd at Staples Center on Saturday to take a 2-1 lead in their best-of-seven first round NBA Playoff series. Brooks was ejected from Game 3 for a flagrant 2 foul on LeBron James. Anthony Davis had a massive night, racking up 31 points, 17 rebounds and three blocks. Wally Skalij/Los Angeles Times/Getty ImagesAfter the game, James said that the game wasn’t about making a “statement” to Brooks and the rest of the Grizzlies. Sixers forward Tobias Harris led the way for Philly with 25 points and 12 rebounds in what is Brooklyn’s second straight first-round sweep.

Games are split between TNT, ESPN, ABC, and NBA TV; you can stream them with a live TV service like Sling. NBA Playoffs livestream quick linksUS TV broadcasts: TNT, ESPN, NBA TV, ABC/ESPN3 via Sling Orange ($51/month)Watch from anywhere: Use ExpressVPN service to stream from Sling TVStart time: Playoffs being April 15 at 1 p.m. How to watch the NBA Playoffs in the USYou can watch the NBA Playoffs on ESPN, TNT, ABC, and NBA TV, with select games scheduled across each channel. How to watch the NBA Playoffs with a VPNSign up for a VPN if you don't already have one. ET TNT2023 NBA Playoff bracketThe NBA Playoffs bracket includes eight teams from each conference in the first round.

☆ Everything you need to know as JPMorgan, Citi, Goldman Sachs, and other big banks report earnings
▼ + stars: | 2023-04-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Bank of America and Goldman Sachs come in on Tuesday, with Morgan Stanley bringing up the rear on Wednesday. For a breakdown on the specific numbers, check out Markets Insider and the fantastic 10 Things Before the Opening Bell newsletter. Big banks poured $30 billion into First Republic in the midst of the banking crisis in an effort to shore up the wider market. And what about those pesky shadow banks? Never one to miss a good opportunity, shadow lenders are looking to step up where big banks are stepping back, Bloomberg reported.

☆ Dan Snyder Agrees to Sell Washington Commanders for $6 Billion
▼ + stars: | 2023-04-13 | by ( Ken Belson | Katherine Rosman | ) www.nytimes.com time to read: +1 min

continues its second investigation into allegations of widespread sexual harassment made against executives at the team, including Snyder, as well as potential financial improprieties. Once the Harris group submits its deal, the sale would have to be approved by the league’s finance committee and by at least three-quarters of the 31 other team owners, which could occur within weeks. Harris’s group includes Mitchell Rales, a billionaire from the Washington, D.C., area, and a group of limited partners that includes Magic Johnson. The owners will next meet in person as a group in Minneapolis on May 22 and 23. Last June, the Walton family, founders of Walmart, bought the Denver Broncos for $4.65 billion, about twice as much as the previous record high for an N.F.L.

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