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Search resuls for: "Richard DeVos"


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In June 2022, on the same day the Supreme Court overturned Roe v. Wade, Adam Silver, the N.B.A. commissioner, released a statement jointly with the W.N.B.A.’s commissioner, Cathy Engelbert. The Magic are owned by the DeVos family, well-known conservatives. Betsy DeVos, the daughter-in-law of the former Magic chairman Richard DeVos, who died in 2018, was former president Donald J. Trump’s education secretary. The check was written on May 19, according to a team spokesman.
Persons: Roe, Wade, Adam Silver, , Cathy Engelbert, Silver, Engelbert, , Ron DeSantis, Betsy DeVos, Richard DeVos, Donald J, DeSantis Organizations: Orlando Magic, Gov, Republican Locations: Florida
The Orlando Magic is currently sponsored by Disney. The team just donated $50,000 to the super PAC supporting DeSantis' presidential campaign. A representative from the Orlando Magic told Insider the company does not "publicly comment on political contributions." The Orlando Magic donated $50,000 to DeSantis' super PAC while also taking in sponsorship money from Disney, a corporation that DeSantis and his state administration have been headbutting with in a yearslong feud after Disney pushed back against what critics called his "Don't Say Gay" legislation. As part of a "multi-year agreement" with Disney, the Orlando Magic team jersey prominently sports a 2.5 in x 2.5 in Disney logo on the front of their uniform.
Persons: Ron DeSantis, DeSantis, Paolo Banchero, Alex Shultz, it's, Richard DeVos, Donald Trump's, Betsy DeVos, It's, Dan DeVos Organizations: Orlando, Disney, Florida Gov, Service, NBA, Republican Florida Gov, Federal, DeSantis, Orlando Magic, SFGATE, Democratic House, Maverick, USA, Conservative, National Republican Locations: Wall, Silicon, Florida
Elizabeth Holmes and Sunny Balwani, her ex and former business partner, have been ordered to pay $452 million in restitution. Payments include $125 million to Rupert Murdoch, his full investment in Theranos, and $40 million to Walgreens. Elizabeth Holmes has been ordered to pay a hefty sum in restitution to victims of Theranos' fraud. The biggest amount by far is earmarked for media mogul Rupert Murdoch, who will get back the full amount he poured into Theranos, $125 million. Besides the restitution, Holmes and Balwani will serve time in prison.
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