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Discovery has filed a lawsuit against the NBA after the league rejected its matching offer to broadcast the league’s games for the next decade, ending the media company’s four-decade relationship with the NBA. “Given the NBA’s unjustified rejection of our matching of a third-party offer, we have taken legal action to enforce our rights,” a WBD spokesperson said in a statement. But the league said WBD “did not match the terms” of its deal with Amazon. While WBD maintains the rights to the NCAA March Madness tournament, along with the MLB, NHL and NASCAR, the NBA remains crucial to the media conglomerate. The cable channel TNT has built a programming slate around the NBA games, most notably the highly rated “Inside the NBA” show featuring Barkley, Ernie Johnson, Kenny Smith and Shaquille O’Neal.
Persons: , Max, ” Mike Bass, ” Adam Silver, WBD “, Warner, WBD, Barkley, Ernie Johnson, Kenny Smith, Shaquille O’Neal, , I’m, ” Barkley Organizations: New, New York CNN, Warner Bros, Discovery, NBA, Amazon, Disney, TNT, Amazon Prime, ABC, ESPN, CNN, Netflix, NCAA, MLB, NHL, NASCAR Locations: New York, New York County, United States, WBD
I’m not sure TNT ever had a chance.”“TNT matched the money, but the league knows Amazon and these tech companies are the only ones willing to pay for the rights when they double in the future,” Barkley added. It just sucks.”The comments came after the NBA on Wednesday rejected an offer from Warner Bros. Discovery to match Amazon’s $1.8 billion per year bid to carry the league’s games starting with the 2025-26 season. The decision set up a potential legal showdown between the NBA and WBD, the parent company of TNT and CNN, which maintains it has matching rights to any broadcast offer. “These partners will distribute our content across a wide range of platforms and help transform the fan experience over the next decade.”
Persons: Charles Barkley, Barkley, , I’m, , ” Barkley, Ernie Johnson, Kenny Smith, Shaquille O’Neal, WBD, Max, ” Adam Silver Organizations: New, New York CNN, NBA, TNT, Wednesday, Warner Bros, WBD, CNN, TNT Sports ’, Amazon, Disney Locations: New York, United States
Gaza: US physicians pen letter to Biden and Harris
  + stars: | 2024-07-26 | by ( Sahar Akbarzai | ) edition.cnn.com   time to read: +8 min
Sources told CNN the president was expected to be as forceful as he has ever been in pushing Netanyahu to agree to a deal. Mohammed Salem/ReutersThe ‘only independent monitors’ in GazaDr. Adam Hamawy, a US plastic surgeon and former US Army combat trauma surgeon, told CNN on Thursday, “there’s no one getting firsthand accounts other than physicians. In signing the letter, Perlmutter told CNN that he hopes “the average American can feel the pain we feel on a daily basis. “Everyone in Gaza is sick, injured, or both,” with few exceptions, their letter said. We are simply physicians and nurses who cannot remain silent about what we saw in Gaza.” the letter said.
Persons: Joe Biden, Kamala Harris, , , Feroze Sidwa, Biden, Benjamin Netanyahu, Netanyahu, Israel, Khan Younis, Mohammed Salem, Adam Hamawy, … we’re, you’re, who’ve, Hamawy, people’s, Tammy Duckworth, Mark Perlmutter, Perlmutter, hadn’t, ” Perlmutter, They’ll, Israel’s, Tala Alrajjal, Sam Fossum, Eugenia Ugrinovich Organizations: CNN, White, Humanitarian Law, European Hospital, Nasser Hospital, US Army, Gaza, Israel Defense Forces, World Surgical Association, Gazan Health Ministry, Health Organization, United Nations Locations: Gaza, Ukraine, Iraq, Israel, US, Sarajevo, New York City, Khan, Rafah, North Carolina
The Grammy-winning singer later cast "Deadpool & Wolverine" director Shawn Levy as the dad in her "All Too Well" short film, which was released in November 2021. Following the success of "Deadpool" (2016) and "Deadpool 2" (2018), Reynolds confirmed that a third installment was in the works in 2019. Rumors intensified when production began on 'Deadpool & Wolverine'Hugh Jackman and Ryan Reynolds will star in "Deadpool 3." Gotham/GC ImagesLevy then played coy about the possibility of Swift being in "Deadpool & Wolverine." AdvertisementJust before the release of "Deadpool & Wolverine," Reynolds told E!
Persons: , Taylor Swift, Swifties, Ryan Reynolds, Reynolds, He's, Swift, Blake Lively, who's, they've, Meredith, Olivia, Shawn Levy, Levy, Guy, Jackman, Logan, Wolverine, She's, Hugh Jackman, Monica Schipper, Dazzler, Simon Kinberg, James McAvoy, Sophie Turner, Lively, Jim McIsaac, Travis Kelce, TheWrap, That's Taylor, she's Organizations: Service, Marvel, Business, Entertainment, Swift, Netflix, Reynolds, NFL, Kansas City Chiefs, New York Jets, Chiefs, coy, SAG Locations: New York, Village
Asia-Pacific markets were mixed on Friday after Thursday's sell-off saw some indexes in the region hit their lowest level in months. "There's a changing of the guard happening on Wall Street. In Asia, traders assessed July inflation data out of Japan's capital city of Tokyo, which is widely considered a leading indicator of nationwide trends. Tokyo's headline inflation slowed slightly to 2.2% in July from 2.3% in May, while its core inflation rate — which strips out prices of fresh food — remained unchanged at 2.2%, in line with expectations. The so called "core-core" inflation rate, which strips out prices of fresh food and energy and is watched by the Bank of Japan, fell to 1.5% from 1.8%.
Persons: Thursday's, Adam Sarhan Organizations: Nasdaq, Dow Jones, Investments, Bank of Japan, greenback Locations: Asia, Pacific, Tokyo
The Justice Department on Friday settled a lawsuit with two former F.B.I. officials who had accused the Trump administration of violating their privacy by sharing their texts disparaging former President Donald J. Trump with the news media, according to court documents. Their texts incited a political firestorm after the Justice Department in December 2017 invited reporters to review them at night before handing them over to Congress. counterintelligence agent who helped oversee the bureau’s investigation into the Trump campaign’s possible ties to Russia in 2016, Mr. Strzok exchanged inflammatory messages with Ms. Mr. Strzok drafted the memo opening the investigation, which was approved by his superiors.
Persons: Trump, Donald J, Peter Strzok, Lisa Page, Strzok, Organizations: Department, Trump, Justice Department, Republicans Locations: Russia
Roland Dumas, a former French foreign minister, agile political fixer and star defense lawyer whose taste for living large proved his undoing, died on July 3 in Paris. The office of President Emmanuel Macron of France announced his death in a statement, which did not specify a cause. A longtime confidant of François Mitterrand, the Socialist former president, Mr. Dumas was one of the highest-profile officials in France for two decades. Mr. Dumas avoided jail, but his conviction, which was eventually overturned, ended his career. He had already been forced to resign from the presidency of the Constitutional Council, France’s highest appeals body.
Persons: Roland Dumas, Emmanuel Macron, François Mitterrand, Dumas, Picasso, Braque, Chagall, Saint Louis, Christine Deviers Organizations: Socialist, Constitutional Council, Republic Locations: Paris, France, Saint
AdvertisementAustralian Ariarne Titmus, 23, is the defending Olympic gold medalist in the event and the favorite entering Saturday’s competition. American Katie Ledecky, 27, took gold in the 400 free in the previous Olympics in Rio de Janeiro. Plus, the field includes 17-year-old Canadian phenom Summer McIntosh, who set the world record in the event in 2023 before Titmus re-set it. With none of the runners-up in view, Ariarne Titmus reaches for gold in the women’s 400-meter freestyle at the 2023 world championships. (Jacob Kupferman / Getty Images)(Top illustration: Dan Goldfarb / The Athletic; photos of Ariarne Titmus, Katie Ledecky and Summer McIntosh: Quinn Rooney, Maddie Meyer and Jacob Kupferman / Getty Images)
Persons: PARIS — It’s, Katie Ledecky, Summer McIntosh, Titmus, , I’ve, ” Ledecky, Erika Fairweather, McIntosh, She’ll, Adam Pretty, Canada’s, she’s, Ledecky, Regan Smith, Kate Douglass, Alex Walsh, ” Brent Arckey, don’t, Caeleb Dressel, ” Titmus, I’m, , Larisa Latynina, Jacob Kupferman, Dan Goldfarb, Ariarne Titmus, Quinn Rooney, Maddie Meyer Organizations: Paris Games, PARIS, Tokyo Games, Summer’s Games, CBC Sports, U.S, Titmus, McIntosh, Olympic Locations: Rio de Janeiro, U.S, Fukuoka, Japan, Sarasota , Fla, Tokyo, Titmus, Australia, Titmus Australia, Chartres, France, London, Soviet Union, Ledecky, McIntosh, Paris
The "Deadpool & Wolverine" premieres have provided some standout red-carpet looks. Ever since the first MCU movie in 2008, stars have worn bold outfits to Marvel premieres. Actors have used their looks at premieres to hide Easter eggs or pay homage to their characters. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Marvel movies, like "Deadpool & Wolverine," have become true event films, with the stars using their fashion at premieres to hide Easter eggs or pay homage to their characters.
Persons: , Adam Aron Organizations: Marvel, Service, AMC Theaters, AMC, Business
New York CNN —The stage is now officially set for a high-stakes showdown between the NBA and TNT parent company Warner Bros. WBD, the parent company of CNN, paid for matching rights when it struck its current deal with the NBA. In doing so, the NBA argued that WBD’s offer was not a legally valid match since it would also be broadcasting the games on TNT. And it should be noted that the contractual paperwork giving WBD matching rights is pages long and not simple. Zaslav and his deputies believe that they have a robust legal argument and that they are indeed entitled to use their contractual rights to match Amazon’s bid.
Persons: WBD’s, David Zaslav, Adam Silver, Warner, WBD, , that’s, , NBCU, Zaslav, Stephen A, Smith Organizations: New, New York CNN, NBA, TNT, Warner Bros ., Wednesday, Amazon, Warner Bros, CNN, CNBC, NBCUniversal, Disney, ESPN, Big Tech, Apple, Google Locations: New York
Stock futures rose modestly on Thursday evening as the major averages head for weekly losses and investors anticipated a reading of the Federal Reserve's preferred inflation gauge. Futures tied to the Dow Jones Industrial Average advanced 42 points, or just over 0.1%. S&P 500 futures and Nasdaq 100 futures climbed about 0.1% each. The activity seemed to be part of a broader rotation into small caps and more cyclical areas of the market. ET, traders will watch for the June reading of the personal consumption expenditures report, an inflation reading that's preferred by central bank policymakers.
Persons: Kamala Harris, Dexcom, Adam Turnquist, Dow, Dow Jones Organizations: New York Stock Exchange, Federal, Dow Jones Industrial, Nasdaq, Dow, Bristol Myers Squibb, Colgate, Palmolive, 3M Locations: New York City, Stock, Michigan
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Manhattan judge who ordered Donald Trump to pay a nearly $500 million fraud judgment has declined — in no uncertain terms — the former president's demand that he recuse himself from the case over a brief hallway conversation. The sum owed by Trump accrues another $1 million in interest every nine days, and had reached $471 million by Thursday. Engoron did not mince words in saying on Thursday that he would not step down over "this 90-second, unsolicited diatribe." Lawyers for Trump and Bailey did not immediately respond to requests for comment.
Persons: , Donald Trump, Arthur Engoron, Trump, Engoron, Adam Leitman Bailey, Bailey, defamatorily, Read Organizations: Service, New, Business, Trump, Trump Organization
In this article GM Follow your favorite stocks CREATE FREE ACCOUNT2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. 2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. The 2019 Corvette ZR1 started at $121,000. 2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package (left) and 2025 Chevrolet ZR1. 2025 Chevrolet Corvette ZR1 GMOther performance models have helped to lift Corvette's average transaction price to roughly $106,000.
Persons: it's, GM Juechter, ZR1, Brad Franz, Franz, Morgan Stanley, Adam Jonas, Juechter, Ray Organizations: , Motors, Chevrolet, Detroit, GM, Wall Street, Chevrolet Corvette, Bowling Locations: Bowling Green , Kentucky
Lineage priced 57 million shares at $78 apiece on Wednesday, near the top of its initial $70 to $82 target range. "We started with one warehouse and we've done 116 acquisitions to turn Lineage into what it is today," co-founder and co-executive chairman Adam Forste said on CNBC's "Squawk Box" Thursday morning before shares started trading. In the last year alone, Lineage has acquired Grupo Fuentes, Burris Logistics, Kennedy Transportation and Harnes. Lineage has amassed over 480 facilities, totaling roughly 2.9 billion cubic feet of capacity across countries in North America, Europe, and the Asia-Pacific region. These locations create a global network of cold-storage facilities, reducing supply chain food waste and its environmental impact.
Persons: Adam Forste, Burris, we've, Forste, Kevin Marchetti, Morgan Stanley, Goldman Sachs, Morgan, Wells Fargo Organizations: CNBC Disruptor, Viking Holdings, Nasdaq, Grupo Fuentes, Burris Logistics, Kennedy Transportation, Bank of America, Lineage's Locations: North America, Europe, Asia, Pacific
American law enforcement has arrested two top leaders of the powerful Sinaloa Cartel, one of the most dominant criminal groups in Mexico, the Justice Department said on Thursday. The two operatives, Ismael Zambada García and Joaquín Guzmán López, are among the most powerful drug traffickers in Mexico and command massive transnational cocaine and fentanyl businesses that move narcotics into the United States, Europe and elsewhere. Both men were in custody in El Paso, Texas. Mr. Zambada García, who is known as “El Mayo,” has been pursued by the U.S. government for years and has been charged in several federal indictments stretching back more than two decades. He has never been imprisoned, unlike his top ally, Joaquín Guzmán Loera, known as El Chapo, who was extradited to the United States, convicted in Brooklyn federal court in 2019 and sentenced to life in prison on drug conspiracy charges.
Persons: Ismael Zambada García, Guzmán, Zambada García, El, , Joaquín Guzmán, El Chapo Organizations: Sinaloa Cartel, Justice, U.S Locations: Sinaloa, Mexico, United States, Europe, El Paso , Texas, El Mayo, Brooklyn
is examining numerous metal fragments found near the stage at a campaign rally in Butler, Pa., to determine whether an assassin’s bullet — or potential debris — grazed former President Donald J. Trump’s head, bloodying his ear, according to the F.B.I. and a federal law enforcement official. The bureau has asked to interview Mr. Trump as part of its broader investigation, hoping to provide insights into the shooting and possibly a more complete record of his injury, the official said, speaking on the condition of anonymity to discuss the continuing inquiry. Unanswered questions about the object that struck the Republican nominee for president have lingered since the shooting on July 13, with Mr. Trump claiming that he was struck by a bullet — and casting his survival as an act of divine intervention. officials have been more circumspect, citing the need to analyze the evidence before determining what struck Mr. Trump — a bullet, metal shard or something else.
Persons: Donald J, Trump Organizations: Republican, Mr Locations: Butler, Pa
CNN —The judge who found Donald Trump liable for fraud and ordered the former president to pay $454 million said he will not recuse himself from the case. Trump asked Judge Arthur Engoron to step aside from the case, which is on appeal, alleging he engaged in “prohibited communications” with a real estate lawyer about the case before his decision was rendered earlier this year. “I am supremely confident in my ability to continue to serve, as I always have, impartially,” Engoron wrote in an order Thursday. Engoron in Thursday’s ruling said he was “accosted” by Bailey while leaving the courthouse one day in February. I did not base any part of any of my rulings on it, as Bailey has outlandishly, mistakenly, and defamatorily claimed,” Engoron wrote.
Persons: Donald Trump, Trump, Arthur Engoron, , ” Engoron, , Adam Bailey, Bailey, , ” Bailey, Engoron, defamatorily Organizations: CNN, NBC, ” NBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLineage co-founders on IPO debut: We're here to be the world's food infrastructureAdam Forste and Kevin Marchetti, Lineage co-founders and co-executive chairmen, join 'Squawk Box' to discuss the company's IPO debut, the company's cold storage warehouses, and more. Lineage is a four-time CNBC Disruptor 50 company and is the 94th CNBC Disruptor 50 company to make its public debut in the 12 year history of the list.
Persons: Adam Forste, Kevin Marchetti Organizations: CNBC Disruptor
Nasdaq futures fell after Alphabet and Tesla reported earnings. Tesla auto revenue dropsTesla's second-quarter earnings fell short of expectations as automotive sales declined for the second consecutive quarter. YouTube's ad revenue fell short of estimates amid increased competition from platforms like TikTok. GM skidsGeneral Motors' beat second-quarter earnings estimates but shares fell 6% as it restructures its struggling autonomous vehicles and Chinese business. RBC Capital Markets' Tom Narayan highlighted GM's expectation that second-half earnings will be $2.5 billion lower than in the first half.
Persons: Tesla, Ruth Porat, Morgan Stanley's Adam Jonas, Tom Narayan Organizations: New York Stock Exchange, CNBC, Nasdaq, Dow Jones, Treasury, Tesla, GM, General, RBC Capital Markets, United Parcel Service, UPS, Barclays, CNBC Pro Locations: New York City, U.S, Waymo
Tesla's stock dropped as much as 13% on Wednesday after reporting weak second-quarter earnings. AdvertisementTesla stock tumbled as much as 13% on Wednesday after the company's second-quarter results offered limited reassurance to eager investors. It marked the fourth straight quarter Tesla has fallen short of analyst forecasts. The taxi's unveiling, seen by many on Wall Street as a major AI-driven catalyst for Tesla, was originally scheduled for next month. "Tesla's muddling through the EV recession," Morgan Stanley analyst Adam Jones wrote, citing a quarter-over-quarter drop in capital expenditures.
Persons: Tesla, , Elon Musk, Morgan Stanley, Adam Jones, Nikola, Dan Levy, Tesla's, Cantor Fitzgerald, Andres Sheppard, Gene Munster, Dan Ives, Sheppard Organizations: Service, EV, General Motors, Buick, Barclays, Deepwater Asset Management, Wedbush Securities, Tesla
Christopher A. Wray, the F.B.I. director, disclosed on Wednesday that the gunman who tried to assassinate former President Donald J. Trump appeared to have used a drone to survey the site of the shooting for about 11 minutes in the hours before Mr. Trump took the stage. “It appears that around 3:50 p.m., 4:00, on the day of the shooting, that the shooter was flying the drone around the area,” Mr. Wray said during his testimony, noting that it was “not over the stage, but about 200 yards, give or take, away from that.”The gunfire on July 13 at a campaign rally in Butler, Pa., left Mr. Trump’s ear bloodied, killed a rallygoer who had been sitting in the stands and seriously injured two others. Mr. Wray said the would-be assassin operated the drone about two hours before Mr. Trump spoke at the rally.
Persons: Christopher A, Wray, Donald J, Trump, Mr Locations: Butler, Pa
The outcome of the U.S. presidential election and its implications for the crypto industry got more uncertain this week after Vice President Kamala Harris entered the race following President Joe Biden's exit. Many are now wondering what a Harris administration could mean for crypto – especially following years of an anti-crypto crusade led by Biden-appointed SEC Chair Gary Gensler and Sen. Elizabeth Warren, D-Mass. On Tuesday, a day after Harris launched her campaign, billionaire Mark Cuban said her advisors had begun reaching out to him about crypto policy . Bitcoin, the largest cryptocurrency, had recently seen a boost as Trump incorporated crypto into his platform. The crypto industry sees itself as nonpartisan, and in recent weeks has bipartisan support for crypto in Congress has been growing.
Persons: Kamala Harris, Joe Biden's, Donald Trump, , Harris, Biden, Gary Gensler, Sen, Elizabeth Warren, Harris doesn't, they've, , Kristin Smith, Devin Ryan, Mark Cuban, Trump, JMP's Ryan, that's, Ryan, Smith, Nancy Pelosi, Adam Schiff, it's Organizations: U.S, Republican, SEC, Democratic, Democratic Party, Blockchain Association, JMP Securities, Trump, BTC, SAB, Innovation, Technology, Futures Trading Commission Locations: Nashville, bitcoin, California
But living in a former minimart, sharing a toilet with 20 others and washing dishes with dirty seawater, no amount of hand sanitizer could help. One by one her girls fell sick with what doctors diagnosed as hepatitis A, a viral liver infection that is transmitted through person-to-person contact or contaminated food or water, and can spread quickly in unsanitary conditions. More than 100,000 people in Gaza have contracted acute jaundice syndrome, or suspected hepatitis A, since the war between Hamas and Israel began on Oct. 7, the World Health Organization said last week. There are also nearly one million cases of acute respiratory infections, half a million cases of diarrhea and 100,000 cases of lice and scabies, the W.H.O. On Friday, the agency’s chief, Dr. Tedros Adhanom Ghebreyesus, said that even polio, a disease that has been eradicated in much of the world, was present in Gaza.
Persons: Sally Thabet, Deir al, “ Amoon, , Israel, Tedros Adhanom Ghebreyesus, poliovirus Organizations: World Health Organization Locations: Gaza City, Deir, Deir al Balah, Kandi, Gaza
According to the FBI’s analysis of Thomas Matthew Crooks’ laptop, Crooks searched how far Lee Harvey Oswald was when he shot and killed President John F. Kennedy in 1963. The search was on July 6, the same day the Trump rally was announced. “That’s a search that’s obviously significant in terms of his state of mind,” the FBI director added. The drone was in the air for approximately 11 minutes, and investigators believe Crooks watched a live feed from the drone on his phone. The FBI is investigating the shooting as both an attempted assassination and as a potential act of domestic terrorism.
Persons: Donald Trump’s, John F, Kennedy, Christopher Wray, Thomas Matthew Crooks, Crooks, Lee Harvey Oswald, , Oswald, ’ ” Wray, Butler, ” Shooter, Trump, Wray, ” Wray, Gun, , Shooter, Iran Wray, Donald Trump, it’s, Soleimani, , Schiff, FBI’s, Adam Schiff, ” Schiff Organizations: CNN, Trump, FBI, , Service, Democratic Rep, Republican Locations: Butler , Pennsylvania, Iran, , United States
“Warner Bros. Discovery’s most recent proposal did not match the terms of Amazon Prime Video’s offer and, therefore, we have entered into a long-term arrangement with Amazon,” the NBA said in a statement. Disney will retain the NBA Finals, a Christmas Day game broadcast, Wednesday games on ESPN, Saturday prime time games on ABC and Sunday showcase packages. Finishing out the trio, Amazon’s Prime Video will stream the emirates NBA Cup, SoFi NBA Play-In Tournament, and both Thursday and Friday night games. Amazon will also serve as the league’s strategic partner and third-party global destination for the NBA League Pass. The agreements include more nationally broadcast games than in previous years, the NBA shared, adding that all national games will also be available on broadly distributed steaming services.
Persons: “ Warner, , Turner, WBD, ” Adam Silver, Peacock Organizations: New, New York CNN, NBA, Wednesday, Warner Bros, Amazon Prime, “ Warner Bros, Amazon, ESPN, Turner Sports, TNT, TNT Sports ’, Disney, , Prime, ABC, NBC, Sunday Locations: New York, United States
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