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☆ 5 things next week that could determine if Wall Street's winning streak continues
▼ + stars: | 2024-02-10 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Wall Street wrapped up another positive week, with the S & P 500 closing Friday above 5,000 for the first time ever. It was a pretty light week in terms of economic data releases, though we did get a favorable ISM Services number on Monday. Things will pick up next week with several closely watched macroeconomic updates, including two key government inflation reports. While no Club earnings are scheduled to report earnings in the week ahead, 61 companies in the S & P 500 will deliver their latest quarterly results. Consumer inflation: The main event of the week will come on Tuesday when the January consumer price index (CPI) is released.

Persons: Estee Lauder, Eli Lilly, Price, Bausch, Trimble, Krispy Kreme, Topgolf, Kraft Heinz, Martin Marietta, Owens Corning, WEN, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Club, GE Healthcare, DuPont, Linde, Ford, Disney, Wynn Resorts, CPI, PPI, Palo Alto Networks, Nvidia, Bausch Health, Arista Networks, WM, Cadence Design Systems, ZoomInfo Technologies, Avis Budget, Brighthouse, Goodyear Tire &, Vornado Realty, Marriott International, Hasbro, Restaurant Brands, Molson Coors Beverage, Holdings, MGM Resorts, MGM, Akamai Technologies, American International Group, AIG, Topgolf Callaway Brands, CME Group, Sony, SONY, Blackstone Mortgage Trust, Martin Marietta Materials, Ryder, Occidental Petroleum, Cisco Systems, Deere, Penn Entertainment, Southern Company, Coinbase, Trade, Materials, Rand, Texas, Housing, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Albemarle, ALB, Ingersoll, New York City

Classified documents were found in a damaged cardboard box in President Joe Biden's cluttered Delaware garage, near where golf clubs hung on the wall. Trump, on the other hand, is scheduled to stand trial on charges alleging he hoarded classified documents at his Florida estate and thwarted government efforts to get them back. At look at the similarities and differences between the Biden and Trump investigations:WHAT KINDS OF DOCUMENTS ARE WE TALKING ABOUT? Trump is accused of not only hoarding classified documents at Mar-a-Lago, but trying to hide them from investigators and working to block the government from clawing them back. “Most notably, after being given multiple chances to return classified documents and avoid prosecution, Mr. Trump allegedly did the opposite,” the report said.

Persons: Joe Biden's, Donald Trump's, Robert Hur, Biden, Trump, Jack Smith, ! ” Biden, Hur, Barack Obama, Obama, Investigators, ” TRUMP, HUR, BIDEN, “, —, Virginia —, It's, accidently, ”, Biden —, Walt Nauta, Carlos De Oliveira, ____ Richer Organizations: Maryland, Trump, Biden, BIDEN, FBI, Prosecutors, House, Mar, Penn Biden Center, University of Delaware, Justice Department Locations: Delaware, U.S, Florida, Afghanistan, Biden's Delaware, Mar, Virginia, willfulness, clawing, Bedminster, Lago, Boston

IOWA CITY, Iowa (AP) — Hannah Stuelke scored a career-high 47 points and Caitlin Clark added 27 points in her quest for the scoring record as No. 2 Iowa defeated Penn State 111-93 on Thursday night. Against Penn State, Clark made sure to get the ball inside to Stuelke, providing 11 assists on her teammate's 17 field goals on 20 attempts. “She said, ‘I expect you do this every game,’” Stuelke said, laughing. Iowa: Clark seemed out of sorts in the first quarter, but settled down when she started making shots in the second quarter.

Persons: — Hannah Stuelke, Caitlin Clark, Clark, Kelsey Plum, ”, Lisa Bluder, “ It's, “, ” Bluder, Clark wasn't, We've, Hannah, ” Clark, ‘, ” Stuelke, Stuelke, Carolyn Kieger, Ashley Owusu, Leilani, Makenna Marisa, Caitlin, ” Kieger, Iowa's, Kate Martin, ___ Organizations: IOWA CITY, Iowa, Penn State, NCAA, Nebraska, Michigan, Big Ten Network, Penn, Ohio State, Hawkeyes, The Nittany Lions, Nittany Lions, AP, womens Locations: IOWA CITY , Iowa, Iowa, ” Iowa, Wisconsin, . Iowa

☆ Taylor Swift will lead to more betting on the Super Bowl, with one sportsbook benefiting in particular, analyst says
▼ + stars: | 2024-02-09 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Penn Entertainment's ESPN Bet sports betting service could prove to be a winner at the Super Bowl on Sunday — helped by the Taylor Swift effect, according to Bank of America. Morgan Stanley analyst Stephen Grambling calculates Swift could lead to about a 10% rise in viewership. These include proposition, or "prop," bets that aren't tied to the final score, such as "How many times will Taylor Swift be shown on camera during the telecast of the game?" or "Will the MVP mention Taylor Swift in his speech?" ESPN Bet especially could benefit because, compared with other sports betting platforms, it "may have a higher proportion of female bettors," Kelley wrote.

Persons: —, Taylor Swift, Travis Kelce, Shaun Kelley, Morgan Stanley, Taylor, Stephen Grambling, Swift, Grambling, Kelley, Clark Hunt, CNBC's, aren't, — CNBC's Michael Bloom Organizations: Penn, ESPN Bet, Bank of America, Kansas City Chiefs, NFL, Chiefs, ESPN Locations: Las Vegas, U.S

(AP) — When two early road losses threatened to derail No. 2 Purdue's Big Ten championship journey, the Boilermakers charted a different course. “We're just focused on winning games,” All-American center Zach Edey said after Sunday's 75-69 victory at then conference-leading and No. So instead of fretting about the early season missteps at Northwestern and Nebraska, they used the losses as fuel to keep chugging along. The Boilermakers took both titles last season, winning the regular-season crown by three games.

Persons: Matt Painter's, “ We're, Zach Edey, ”, Fairleigh, you've, ” Painter, Gene, Keady, It's, they're, Fletcher Loyer, Braden Smith, Forward Mason Gillis, Caleb Furst, Indiana's, Furst, Trey Kaufman, Renn, Lance Jones, Cameron Heide, ” Jones, “, ” Loyer, Zach Organizations: WEST LAFAYETTE, Big, Boilermakers, Purdue, Rutgers, Penn, Fairleigh Dickinson, NCAA, Michigan State, Saturday, Hoosiers, Big Ten, Indiana, Ohio State, Junior, Basketball, AP Locations: Ind, Wisconsin, Maryland, Northwestern, Nebraska, Southern Illinois

WASHINGTON (AP) — A jury on Thursday awarded $1 million to climate scientist Michael Mann who sued a pair of conservative writers 12 years ago after they compared his depictions of global warming to a convicted child molester. Photos You Should See View All 21 Images“Mann could be said to be the Jerry Sandusky of climate science, except for instead of molesting children, he has molested and tortured data,” Simberg wrote. The jury awarded Mann $1 in compensatory damages from each writer; it also awarded punitive damages of $1,000 from Simberg and $1 million from Steyn. The trial happened as climate change continues to be a divisive and highly partisan issue in the United States. ___The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations.

Persons: —, Michael Mann, molester, Mann, Rand Simberg, Jerry Sandusky, “ Mann, ” Simberg, Mark Steyn Organizations: WASHINGTON, University of Pennsylvania, Competitive Enterprise Institute, Penn State University, Penn State, Associated Press, District of Columbia, NORC, for Public Affairs Research Locations: U.S, Court, Simberg, Steyn, United States, AP.org

☆ UPenn submits documents to Congress in antisemitism investigation
▼ + stars: | 2024-02-07 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

CNN —The University of Pennsylvania submitted documents Wednesday evening to the Congressional committee investigating antisemitism on campus, beginning what could be a weekslong process of turning over documents. Nick Barley, a spokesperson for the House Committee on Education and the Workforce, confirmed to CNN the committee received documents from UPenn and is currently reviewing them. The university told CNN on Tuesday that it planned a “rolling production” of documents that would take place over the next few weeks. Last month, the committee wrote a letter to UPenn demanding a slew of documents to aid that investigation. “We have grave concerns regarding the inadequacy of Penn’s response to antisemitism on its campus,” Rep. Virginia Foxx, the Republican chairwoman of the Education Committee, wrote to UPenn leaders last month.

Persons: Nick Barley, It’s, UPenn, Liz Magill, Virginia Foxx Organizations: CNN, The University of Pennsylvania, Education, Workforce, Ivy League, Harvard University, Massachusetts Institute of Technology, ” Rep Locations: UPenn, Palestinian

☆ George Hoyningen-Huene: The man who captured the jazz age on film
▼ + stars: | 2024-02-07 | by ( Christian House | ) edition.cnn.com time to read: +7 min

CNN —In 1930 George Hoyningen-Huene pulled off one of the greatest dupes in the history of photography. George Hoyningen-Huene Estate ArchivesRönngren said Huene was “like Forrest Gump. George Hoyningen-Huene Estate ArchivesAll this gossip and glamour would, of course, make great television: and Rönngren is now working on a Netflix drama about the photographer’s life and times. The Jaeger exhibition, which presents works, dating from 1927 to 1955, coincides with the publication of “George Hoyningen-Huene: Photography, Fashion, Film” by Susanna Brown (Thames & Hudson). Photographer George Hoyningen-Huene in the studio in Paris, 1937.

Persons: George Hoyningen, Huene, Horst P, Horst, Lee Miller, ”, “ George Hoyningen, Katherine Hepburn, Josephine Baker, Benjamin Jaeger, Steffi, ” Huene, Baron Barthold Theodor Hermann von Hoyningen, Tsar Nicholas II, Susannah Brown, George, Salvador Dalí, Weissmuller, Huene “, Tommy Rönngren, Asa, Tommy “, Rönngren, Forrest Gump, Joseph Pilates, Ava Gardner, Sophia Loren, George Cukor, Condé Nast, Cole Porter, “ sauvage, Greta Garbo, Marlene Dietrich, “, Dietrich, Garbo, ’ ” Heune, Miriam Hopkins, Susanna Brown, Baker, Roger Schall, Lisa Fonssagrives, Irving Penn, Jaeger Organizations: CNN, Vogue, Cote, Jaeger Art, Jaeger, “, British Army, Condé, Thames & Hudson, Nexus Hall, Neue, Hudson Locations: Paris, Russian, New York, Côte, Berlin, St Petersburg, England, France, Montmartre, Swedish, Huene, Horst’s, Stockholm, “, Hollywood, revolté, Thames, Tokyo, Europe, Germany

The work brought Mann, then at Penn State but now at University of Pennsylvania, wide exposure. Kate Cell, whose work as senior climate campaign manager at The Union of Concerned Scientists includes tracking climate disinformation, said Mann's case is well-known among other climate scientists. A 2023 poll from The Associated Press-NORC Center for Public Affairs Research found that 91% of Democrats believe climate change is happening, while only 52% of Republicans do. Many scientists have followed Mann’s case for years as misinformation about climate change has grown and many of them have themselves been subjected to attacks. Lidsky was skeptical that Mann’s case would have any broader significance, particularly on social media.

Persons: — It's, molester, Michael Mann, Mann, Al Gore’s Oscar, Rand Simberg, Penn State University —, —, Jerry Sandusky, “ Mann, ” Simberg, Mark Steyn, ” Mann, Simberg, “, ” Steyn, Kate Cell, Lyrissa, Lidsky, ” Organizations: WASHINGTON, Penn State, University of Pennsylvania, United, Competitive Enterprise Institute, Penn State University, The Union of, University of Florida, Associated Press, NORC, for Public Affairs Research Locations: Northern, United Nations, U.S, United States, AP.org

☆ The Changing Focus of Climate Denial: From Science to Scientists
▼ + stars: | 2024-02-06 | by ( Delger Erdenesanaa | ) www.nytimes.com time to read: +1 min

One July morning in 2012, climate scientist Michael Mann woke up to a terse email from a fellow scientist. “Holy crap,” read the message, from Phil Plait, an astronomer and science communicator. “This is truly the most awful thing I’ve ever seen said about a climate scientist. The writers claimed that Dr. Mann had created fraudulent graphs, and accused the university of mishandling investigations into both the coach’s crimes and the scientist’s research. Dr. Mann did indeed call a lawyer.

Persons: Michael Mann, ”, Phil Plait, I’d, Dr, Mann, Jerry Sandusky Organizations: Pennsylvania State University, Penn State, Columbia, Court Locations: District

☆ A UK professor was unfairly fired over his anti-Zionist beliefs, a tribunal ruled
▼ + stars: | 2024-02-06 | by ( Thibault Spirlet | Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Read previewA professor fired for his anti-Zionist beliefs was unfairly dismissed, an employment tribunal ruled on Monday. Miller claimed that the university unfairly and discriminatorily mistreated him during the course of the procedures, which ultimately resulted in his dismissal. The employment tribunal said in its 108-page ruling on Monday that Miller had been wrongfully fired and had been subjected to prejudice because of his philosophical beliefs in violation of the UK's Equality Act 2010. The Union of Jewish Students, which represents Jewish societies at UK universities, said in a statement that it is "disappointed" by the judgment which it said would "ultimately make Jewish students less safe." AdvertisementThe UJS added: "This may set a dangerous precedent about what can be lawfully said on campus about Jewish students and the societies at the center of their social life."

Persons: —, David Miller, Miller, discriminatorily, Elizabeth Magill, Claudine Gay Organizations: Service, UK's University of Bristol, Business, University of Bristol, Harvard, Yale, University of Pennsylvania, Penn, Jewish Students, Security Trust Locations: Israel, Palestine, Britain, British

☆ Summer Has Long Stressed Electric Grids. Now Winter Does, Too.
▼ + stars: | 2024-02-05 | by ( Ivan Penn | ) www.nytimes.com time to read: +1 min

For decades, managers of electric grids feared that surging energy demand on hot summer days would force blackouts. Largely because of growing demand from homes and businesses, and supply constraints due to aging utility equipment, many grids are under greater strain in winter. Just 10 years ago, winter electricity use ran about 11 percent less than in summer, according to the group. And by 2050, winter demand could surpass electricity use in the summer. “We’re seeing both summer and winter peaks growing, but we’re seeing winter peaks growing faster,” said Jim Robb, chief executive of the reliability corporation.

Persons: ”, Jim Robb Organizations: North American Electric Reliability Corporation

2 in The Associated Press Top 25 women's basketball poll Monday as the star guard moved within striking distance of the NCAA career scoring record. 2 has been a revolving door lately, South Carolina has maintained a strong grip atop the poll, once again the unanimous No. 3 North Carolina State, No. They've also beaten four current Top 25 teams (Oklahoma, Notre Dame, Syracuse and Louisville). ___Get poll alerts and updates on AP Top 25 basketball throughout the season.

Persons: Caitlin Clark, Dawn Staley's, Kamilla Cardoso, Clark, Kelsey Plum's, JuJu Watkins, It's, Geno Auriemma, Tara VanDerveer, Mike Krzyzewski, Auriemma's, They've, ___ Organizations: Associated Press, NCAA, Hawkeyes, UCLA, Kansas State, Gamecocks, UConn, Brazilian, Iowa, Ohio, Penn State, Carolina State, State, Buckeyes, Stanford, USC, Baylor, Wildcats, Oklahoma, Huskies, Seton Hall, Virginia Tech, South Carolina , Kansas State, Notre Dame, AP, womens Locations: Iowa, UCLA , Iowa, South Carolina, Missouri, Nebraska, Colorado, Texas, North Carolina, State, South Carolina , Kansas, . State, Oklahoma, Notre, Syracuse, Louisville

WASHINGTON (AP) — Women are far more likely than men to get autoimmune diseases, when an out-of-whack immune system attacks their own bodies — and new research may finally explain why. One theory is that the X chromosome might be a culprit. The X chromosome is packed with hundreds of genes, far more than males’ much smaller Y chromosome. Every female cell must switch off one of its X chromosome copies, to avoid getting a toxic double dose of all those genes. “We think that’s really important, for Xist RNA to leak out of the cell to where the immune system gets to see it.

Persons: ”, John Wherry, wasn’t, Howard Chang, Chang, ” Chang, Epstein, Barr, Chang’s, Xist, hadn't, Penn’s, they’re, Stanford’s Chang Organizations: WASHINGTON, Stanford University, University of Pennsylvania, Howard Hughes Medical Institute, Associated Press ’ Health, Science Department, Associated Press Health, Howard Hughes Medical Institute’s Science, Educational Media Group, AP

Alabama has had Super Bowl success at quarterback with the first three MVPs being Crimson Tide products, along with Super Bowl 11 winner Ken Stabler. Joe Namath won MVP for the Jets in Super Bowl 3 against the Colts without scoring or throwing for a TD. COMEBACK KIDSSan Francisco reached the Super Bowl thanks to an epic comeback against Detroit in the NFC title game. The only other comeback that big in either a Super Bowl or NFL championship game was the Patriots' rally from 28-3 down to beat Atlanta 34-28 in overtime in Super Bowl 51. That didn't stop them from becoming a dominant traveling show on the way to a fourth Super Bowl appearance in five seasons.

Persons: Washington's Curt Knight, DeVonta Smith, Jalen, Ken Stabler, Bart Starr, Joe Namath, Stabler, Patrick Mahomes, Mahomes, Joe Montana, Matt Ryan, Joe Flacco, Drew Brees, Jeff Hostetler, Tony Eason, San Francisco's Brock Purdy, Josh Allen, Alex Smith, ___ Organizations: NFL, Alabama, Crimson, Chiefs, 49ers, Miami, Penn State, Notre Dame, Coast Guard Academy, Super, Press, Crimson Tide, Kansas City, Raiders, Jets, Colts, Oakland, Minnesota, San, Detroit, NFC, The 49ers, Niners, Atlanta, Cincinnati, New England, Bowl, Patriots, Lions, ROAD, Buffalo, Baltimore, AFC, Giants, Oakland Raiders, Detroit Lions, Pittsburgh, Broncos, Super Bowl Locations: Alabama, Florida, California, Philadelphia, Oklahoma, Green Bay, Super, San Francisco, Indianapolis, Green, San Francisco , Kansas City, Tampa, Baltimore, Pittsburgh, Denver

☆ Leather and Lace for the Queen of Pop
▼ + stars: | 2024-01-31 | by ( Alex Vadukul | Amir Hamja | ) www.nytimes.com time to read: +1 min

Madonna performed at Madison Square Garden on Monday night as part of her Celebration Tour, a lavish stage spectacle devoted to her catalog of hits as the Queen of Pop. During “Like a Prayer,” she sang from a spinning carousel filled with jumbo crucifixes and shirtless men. “I don’t know when I’m going to be back here playing again, but I’m doing this show like it’s my last show,” Madonna, 65, told the crowd. “And I’m doing this show like it’s my first show.”Before the concert, the scene outside the arena resembled a fashion runway as Madonna fans arrived to serve up style tributes to her. Men emerged from the subway wearing black biker boots and leather jackets.

Persons: Madonna, ”, Kelly Ripa, “, Papa Don’t, Sophy LeMay Organizations: Vogue, Penn Station, Brooklyn’s Barclays Center Locations: Madison

☆ The CEO of FanDuel's owner Flutter explains how its US stock debut could boost its edge over rivals like DraftKings and why it thinks of itself as a media business
▼ + stars: | 2024-01-31 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "It's a great opportunity to bring the world's leading sports betting and gaming business to the world's leading capital market." AdvertisementJackson said he believes the US listing will help the company win media attention and new investors. DraftKings narrowly edged out in August FanDuel's market-share lead in the broader online gambling space that includes casino-style games, per EKG. "FanDuel is undoubtedly a media business," Jackson said.

Persons: —, Peter Jackson, Jackson, Paddy Power, it's, DraftKings, FanDuel, Pat McAfee, Charles Gillespie, Chad Beynon, Beynon Organizations: Service, New York Stock Exchange, Wall, Business, PokerStars, London Stock Exchange, Krejcik, Penn, ESPN Bet, Media, TVG, Gambling.com Group, Macquarie, Wall Street, Rush Street Interactive, Caesars Entertainment, Genius Sports, Research, Jefferies Locations: New York, London, Europe, Sportsbet, Australia, America, Sands

Part motel, part new-age clinic, the facility offers nightly rentals in rooms that come equipped with “BioHealers” –- canisters that the company claims exude “life force energy,” or biophotons. “There are some forces driving that: obviously the internet and social media, and distrust of traditional medicine, traditional science. Given the primary importance of health, it’s hardly surprising that unproven medical claims and products that seem too-good-to-be-true have a long history in America. “ Distrust of government and distrust of major institutions makes people vulnerable,” said Stephen Barrett, a psychiatrist and expert in unproven medical claims who launched the organization Quackwatch in the 1970s to highlight medical scams. As a result, low-level hucksters or those peddling unproven treatments often don’t get as much attention.

Persons: BUTLER, exude, Tesla, Dr, James Liu, ”, Liu, Timothy Caulfield, Medbeds, Donald Trump, “ I’m, medbeds, ” Liu, it’s, John Brinkley, they’ve, Alex Jones, Trump, Stephen Barrett, Elon Musk, Nikola Tesla, Seth Robinson, Robinson doesn’t, We’re, Tesla’s, I’ve, Caulfield, ” Caulfield, “ It’s, ” Tesla’s, Bahman Anvari, It’s Organizations: Tesla, MedBed, Penn State University, “, University of Alberta, Walmart, Associated Press, Drug Administration, Elon, FDA, AP, University of California Locations: Pa, Pittsburgh, China, New Jersey, Butler, Tennessee, America, Florida, Delaware, Riverside

It has also opened the door for new technology when it comes to on-ice protection from skate blades. BETTER PROTECTIONGianfranco Talarico started the company after watching a youth player get sliced in the thigh by a skate blade, just missing a femoral artery. Talarico has many times since cited research that found lacerations — often to the face, presumably from sticks as well as skates — to be a leading cause of emergency room visits among ice hockey players in the U.S. from 1990-2006. The death of Connecticut high school player Teddy Balkind from a skate cut to the neck in 2022 brought the conversation back to the forefront. The International Ice Hockey Federation announced in December it will mandate neck guards at all levels of tournaments it runs.

Persons: Adam Fantilli, Fantilli, Michael Stuart, Clint Malarchuk, Richard Zednik, Philadelphia's Claude Giroux, Carlo Colaiacovo, Ron Hextall, that’s, ”, Colaiacovo, Gianfranco Talarico, ” Talarico, “, Teddy Balkind, Johnson, Oshie, Ed Kinnaly, Carter Hogg, Charles Popkin, Andrew Saleh, Popkin, it’s, Bill Shaffer, Luke, Shaffer, Martin, Nick Meldrum, Meldrum Organizations: Columbus Blue Jackets, USA Hockey, Daredevil Hockey, “, ” Hockey Canada, NHL, Pittsburgh, Hockey, Bauer Hockey, American Hockey, San Diego Gulls, Conicity Technologies, Associated Press, Toronto Maple Leafs, Denver University , Michigan State, Penn State, Denver, Ice Hockey Federation Locations: U.S, Connecticut, Washington, balaclava, Pittsburgh, ”

☆ At Penn, Tensions May Only Be Growing After Magill’s Resignation
▼ + stars: | 2024-01-29 | by ( Stephanie Saul | ) www.nytimes.com time to read: 1 min

Campus protests are not usually aimed at a single person. But last week at the University of Pennsylvania, professors staged a rally targeting Marc Rowan, the New York private-equity billionaire. A Penn alumnus and a major benefactor of the university, Mr. Rowan deployed his formidable resources in a relentless campaign against Penn’s president, M. Elizabeth Magill, leading to her resignation in December. Mr. Rowan sent a four-page email to university trustees titled “Moving Forward,” which many professors interpreted as a blueprint for a more conservative campus. Amy C. Offner, a history professor who led the protest, called the document a proposed “hostile takeover of the core academic functions of the university.”

Persons: Marc Rowan, Rowan, Elizabeth Magill, Amy C, ” Organizations: University of Pennsylvania, New, Penn Locations: New York

☆ Moneyball-Plus: What Happens When Investors Treat Athletes Like Startups
▼ + stars: | 2024-01-28 | by ( Joseph Bien-Kahn | ) www.businessinsider.com time to read: +27 min

What if athletes could sell a percentage of their future earnings to investors, the same way tech entrepreneurs offer a stake in their promising new ideas in return for venture capital? "We look at the game very, very differently than everyone else," Schwimer tells the pitcher. Finlete is launching a fund that allows fans to buy shares in a prospect's future earnings. What if you could sell a share of your future earnings, he asked, for $10,000? Today, he says, more than 80% of the players BLA has invested in are outside the league's top 300 prospects.

Persons: They're, Michael Schwimer, —, Schwimer, BLA, haven't, Fernando Tatis Jr, We've, it's, Daniil, David Liberman, Garrett Broshuis, he'd, He'd, Houdini, Christian Petersen, Erik Kratz, Kratz, Cole Hamels, Hamels, Sean M, Marvin Bush, George W, Bush, Paul DePodesta, bankroll BLA's, Bill Miller, Miller, HBO's, Michael, Jeff Bezos, Bezos, I'd, I'm, Steven Duncker, Goldman Sachs, Elly De La Cruz, Dylan Buell, phenom, Scott Boras, Yermín Mercedes, Francisco Mejía, countersue Mejia, Gervon Dexter, they're, Dexter, Wharton, He's, he'll, isn't, scoffing, he's Organizations: Philadelphia Phillies, Big League, San Diego Padres, Benchmark Capital, Sports, Wharton Sports Business, MLB, University of Virginia, Partners, Phillies, Getty, AAA, Arizona Fall League, Ritz Carlton, Cleveland Browns, Dodgers, Cleveland Indians, Big League Advance, Chicago Bears, University of Florida, Huntsman, NCAA Locations: Maryland, Philadelphia, United States, baseball's, Latin America, America, Dominican Republic, Cleveland, Florida

☆ Joe Manchin could upend Biden’s reelection campaign – and blow up No Labels along the way
▼ + stars: | 2024-01-28 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

Some around Biden agree Manchin may have a point in how to make the pitch. As Biden tries to assert the success of his presidency, Manchin says he shaped “everything” in the president’s agenda. “It’s been far less organized than he expected it to be” and “he doesn’t see a plan coming together,” a person familiar with Hogan’s thinking told CNN. “No matter what side of the fence you might be on, where you are for philosophically, we learned to navigate that,” he told CNN. Several anti-Trump Republicans who listened to Manchin’s speech told CNN they were happy to hear him.

Persons: CNN — Sen, Joe Manchin, Privately, Joe Biden, Donald Trump, Manchin, there’s, Vermont Sen, Bernie Sanders, Biden, Sanders, hadn’t, ” Manchin, ”, Trump, “ He’s, Larry Hogan, –, “ It’s, “, hasn’t, Connecticut Sen, Joe Lieberman, Pat McCrory, Mark Penn, Nancy Jacobson, Ryan Clancy, Chris Christie, Heather Bresch, Bresch, Tom Reed, ” Reed, Bernie Sanders Manchin’s, codifying Roe, Wade, Roe, Machin, Saint Anselm Organizations: CNN, West Virginia Democrat, Biden, Trump, Democratic, Trump Republicans, Senate, White House, Washington, Democrat, Republican, North Carolina Gov, White, Representatives, Justice Department, New, New York Rep, Manchin, Saint Anselm College Locations: New Hampshire, South Carolina, Georgia, Vermont, Maryland, Dallas, Connecticut, North Dakota , New York , Florida , Texas, Hawaii, New Jersey, Manchin’s New Hampshire, Texas, Manchester, Washington, Saint, Unfazed

☆ Online sports betting stocks are primed for a big 2024 as fans ready for the Super Bowl
▼ + stars: | 2024-01-28 | by ( Brian Evans | ) www.cnbc.com time to read: +9 min

3 market share position," said Jeff Stantial, director of gaming and leisure research at Stifel. DraftKings stock tripled in 2023 and has already gained nearly 10% in 2024. 'Buying' market share The remaining market share is up for grabs and fluctuates among the smaller players. Stantial expects ESPN Bet has the edge over BetMGM, but says both sportsbooks remain tightly contested for a larger slice of market share. ESPN Bet has been running promotions that include $150 of free bets and $1,000 deposit match upon signing up, according to JPMorgan analyst Joseph Greff.

Persons: Jeff Stantial, Bank of America's Shaun Kelley, You've, Stantial, Joseph Greff, Greff, Walt Disney, Barstool, FactSet, JPMorgan's Greff, Bet365, Clark Lampen, Lampen Organizations: DraftKings, Penn Entertainment, ESPN Bet, MGM Resorts International, Baltimore Ravens, Kansas City Chiefs, San Francisco 49ers, Detroit Lions, New York Stock Exchange, NCAA, Bank of America's, Euronext Dublin, BetMGM, ESPN Bet's, Professional, Amateur Sports Protection, ESPN BET, ESPN, Walt, Barstool Sports, Sportico, Penn, MGM Locations: U.S, North Carolina, Ireland, WynnBet, BetMGM, PENN, York

PISCATAWAY, N.J. (AP) — Zach Edey had 26 points and 12 rebounds and became the sixth player in Big Ten Conference history to score 2,000 points and grab 1,000 boards in leading No. 2 Purdue to a tough 68-60 victory over Rutgers on Sunday. It was only their third win over Rutgers (10-9, 2-6) in the last eight meetings overall. The last time was when freshman Gavin Griffiths hit a jumper 5:19 to play to cut the Purdue lead to 55-53. BIG PICTUREPurdue: It struggled in the second half at Rutgers but that has been the norm.

Persons: — Zach Edey, Braden Smith, Aundre Hyatt, Cliff Omoruyi, Gavin Griffiths, Smith, Omoruyi, Fletcher Loyer, Edey, ___ Organizations: Big Ten, Purdue, Rutgers, Sunday, Boilermakers, Jersey Mike's, Scarlet Knights, Knights, NEXT Purdue, Northwestern, Wednesday, Penn State, AP Locations: PISCATAWAY, N.J

☆ Lia Thomas: Transgender swimmer begins legal case against swimming’s world governing body
▼ + stars: | 2024-01-26 | by ( David Close | Emma Tucker | ) edition.cnn.com time to read: +5 min

CNN —Transgender swimmer Lia Thomas has begun legal proceedings against World Aquatics, swimming’s governing body, after it voted to restrict transgender athletes from competing in elite women’s aquatics competitions, according to the Court of Arbitration for Sport. The swimmer is challenging certain parts of the World Aquatics’ gender inclusion policy, which went into effect on June 20, 2022, according to the international court body. CNN has reached out to World Aquatics for comment. At the time of her transition in 2019, the NCAA required transgender athletes to have one year of hormone replacement therapy to be cleared to compete. Advocates of banning transgender women from women’s sport have argued transgender women have a physical advantage over cisgender women in sports.

Persons: Lia Thomas, Thomas, Ms Thomas, “, Thomas ’, Danne Diamond, Ally, ”, CNN’s Ben Church Organizations: CNN, World Aquatics, Sport, Olympic Charter, Aquatics, European, Human Rights, Women, NCAA, University of Pennsylvania, UPenn, University of Pennsylvania’s, Ivy League, Penn Athletics, Sports Medicine Locations: Berlin

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