Mikal Bridges didn’t demand trade before Knicks deal: Sean Marks
Nets general manager Sean Marks insisted Mikal Bridges didn’t force Brooklyn into a rebuild by asking for a trade. But make no mistake: they are in the midst of a total rebuild. And he swears it won’t be long. Marks remains confident that Brooklyn remains attractive despite the Big Three seeking trades and Bridges being […]
‘Sweetheart Deal:’ Boeing Faces $243M Fine After Agreeing to Plead Guilty to Criminal Fraud in 737 Max Crash Case
Boeing has reportedly agreed to plead guilty to criminal fraud charges related to the deadly 737 Max crashes, a move that will brand the aerospace giant a felon but avoid a trial. The company is likely to be fined $243 million, a tiny fraction of the company’s $78 billion in annual revenue, and victims’ lawyers […]
Sphere’s the deal in Las Vegas — but MSG boss James Dolan wants even ‘more’
A year has passed since Sphere was released. Twelve months on, the otherworldly Las Vegas sphere and its vibrant imagery have become a top tourist attraction in a city that has seen it all. Owner James Dolan is so happy to see people coming out that he’s adding sound to the show on Sands Avenue […]
Netanyahu’s 4 principles Israel agrees to for hostage deal as negotiations pick up
Israeli Prime Minister Benjamin Netanyahu’s office has announced four principles that must be included in any hostage release agreement with the Palestinian terrorist group Hamas. The office said the declaration “moved Hamas towards negotiations due to the prime minister’s firm stance against attempts to block the IDF’s actions in Rafah,” a city in the southern […]
Paramount, Skydance merger deal ends Redstone era
Skydance Media and Paramount Global (PARA.O) have signed a new deal and agreed to merge, the companies announced late on Sunday, marking a new chapter for one of Hollywood’s oldest studios. The two companies agreed to a two-stage process in which Skydance and its deal partners would acquire National Amusements, the company in which the […]
Boeing accepts a plea deal to avoid a criminal trial over 737 Max crashes, Justice Department says
The Department of Justice announced Sunday night that Boeing Co. will plead guilty to fraud charges stemming from the two fatal crashes of its 737 Max jetliner, after the government determined the company violated an agreement that had given it immunity from prosecution for more than three years. Federal prosecutors this week gave Boeing the […]
Big deal to bring Ikea to empty Midtown lot raises bigger questions
The big news is that Sweden’s Ingka Investments, which owns most of the IKEA stores, has formed a “strategic partnership” with Extell on the 1 million-square-foot mixed-use tower it’s planning for 570 Fifth Avenue. Developer Gary Barnett has long been planning to build a new large skyscraper on the prized Midtown site. According to Bloomberg, […]
French Communist-Socialist Bloc Win After Deal With Macron: Exit Poll
The New Popular Front, a coalition of socialists and communists, won the final vote in hastily called legislative elections by French President Emmanuel Macron, who sided with the far-left in a bid to thwart Marine Le Pen’s populist party. 2040 Update: Far-Left Leader Mélenchon Makes Demands on Macron After winning more seats than any other […]
Kings land DeMar DeRozan in 3-year, $74 million sign-and-trade deal
DeMar DeRozan’s time with the Chicago Bulls is over. The Kings are acquiring the 34-year-old free agent guard in a three-year, $74 million sign-and-trade deal. According to a report from ESPN: Saturday. Sacramento is trading forward Harrison Barnes and an unprotected 2031 draft pick to the San Antonio Spurs and sending guard Chris Duarte, two […]
China Brokers a Surprising Mid-East Deal
Estimated Reading Time: 6 minutes We think a story of major importance has been buried by the news of bank runs in the US. While not disputing the importance of the bank run stories (we’ve written on this ourselves), the implications of China brokering a deal between Saudi Arabia and Iran are very important. The […]