Infowars sale could be near as feuding Sandy Hook families reach deal on dividing bankrupt Alex Jones’ assets
The families suing Alex Jones over his false claims about the Sandy Hook massacre have resolved their dispute over how to divide the bankrupt conspiracy theorist's assets, paving the way for the sale of Jones' Infowars platform. lawyers said at a court hearing Monday. Joshua Wolfsholl, the attorney for the bankruptcy trustee handling the sale […]
Bessent to divest from assets on road to leading Treasury
Scott Bessent, President-elect Trump's nominee for Treasury secretary, plans to exit the fund and other investments as he prepares to become the country's top economic official. In an agreement released Saturday by the Office of Government Ethics ahead of Bessent's confirmation hearing on Thursday, he outlined his plans. Mr. Bessent, a billionaire hedge fund manager, […]
Bank of America sees an opportunity to grab solid yields using these assets – CNBC
Bank of America says investors have an opportunity to capture solid yields on preferred securities this year despite potential headwinds. Preferred has characteristics of both stocks and bonds. They trade on exchanges like stocks, but they also have a face value and provide a source of income. Like bonds, when the price of a senior […]
Judge signals that contempt hearing for Rudy Giuliani over his assets might not go well for him
A federal judge will hold a contempt hearing next Friday for Rudy Giuliani, the former New York mayor, as he seeks to recover $148 million in defamation damages won by two Georgia election investigators. It suggests things may not end so well for the former president-elect Donald Trump's personal lawyer. against him. Manhattan Judge Louis […]
Warner Bros. Discovery CEO David Zaslav hopes to offload assets
With Warner Bros. Discovery's new restructuring (separating cable operations like CNN and Discovery from streaming and studios), there is little doubt that CEO David Zaslav is in the mood to sell. . For Zas, the more buyers, the better. Mr. Zaslav is a balance sheet fanatic through and through. It's a skill he honed during […]
Department of Defense doubles down, says drones are not US military assets
The Department of Defense (Department of Defense) further emphasized on Tuesday that the growing number of possible unmanned aircraft reported in states such as New Jersey and New York are not U.S. military assets, adding that the majority of unmanned aircraft are He added that it was likely being used by hobbyists as a hobby. […]
Breaking down Knicks’ trade assets, possible targets
ORLANDO, Fla. — The Knicks, led by Tom Thibodeau and Leon Rose, followed the same pattern. They started the season slowly, though not necessarily below expectations, and completed some mid-season trades aimed at realigning their rotation. The results in 3 out of 4 times were excellent. They needed another point guard in 2021, and the […]
Warner Bros. Discovery Looks to Split from Toxic TV Assets Like CNN
Cable networks like CNN were once important assets in the entertainment world. Now they've become toxic, which is why Comcast removed them last month, and Warner Bros. Discovery (WBD) is currently considering doing the same. “Warner announced Thursday that it is reorganizing its corporate structure from its streaming and studio division into a separate global […]
Biden admin loans Ukraine $20B backed by profits from ‘immobilized’ Russian assets
The Biden administration announced on Tuesday that it would distribute $20 billion in loans to Ukraine, with the funds recovered from profits generated by “immobilized” Russian assets. “These funds, paid for with windfall profits from Russia's own disabled assets, will provide a critical injection of support in defending Ukraine from an unprovoked war of aggression.” […]
US Treasury Turns Frozen Russian Assets Into $20 Billion Loan For Ukraine
The U.S. Treasury on Tuesday transferred $20 billion of a massive $50 billion G7 loan to Ukraine. The funds are channeled through a World Bank intermediary called the Financial Intermediation Fund of Ukraine Strengthening and Investment Promotion Fund (FORTIS Ukraine FIF), and are aimed at strengthening Ukraine's economic stability amid the ongoing conflict with Russia. […]