Court Dismisses IRS Deal Permitting Churches to Support Candidates
A federal judge has turned down President Donald Trump’s agreement with the Internal Revenue Service (IRS) that would let churches endorse political candidates without risking their tax-exempt status. U.S. District Judge J. Campbell Barker, appointed by Trump, stated he doesn’t have the authority to approve the settlements involving the IRS, two Texas churches, and the […]
Red Lobster to bring back the failed ‘endless shrimp deal’
There’s some buzz around Red Lobster as it looks to potentially bring back its infamous “infinite shrimp” promotion, which previously led the chain to financial troubles. A limited-time offer of the all-you-can-eat shrimp deal, priced at $20, might make its debut this month, according to a source familiar with the situation. While a spokesperson for […]
The 94-year-old South African hermit who secured a $29.1 billion deal for his food business
94-Year-Old South African Entrepreneur Selling Food Empire for $29.1 Billion A reclusive 94-year-old from South Africa is putting his vast food empire on the market for a staggering $29.1 billion. Over the past 50 years, Nathan “Natty” Kirsch has transformed a single warehouse in Brooklyn into a major player in the restaurant supply industry. Cisco, […]
Bitcoin makes its way into the public bond market as Moody’s rates a unique crypto deal.
New Hampshire’s Innovative Bitcoin-Backed Bonds The New Hampshire Department of Corporate Finance is preparing to issue a Bitcoin-backed bond, which is thought to be the first of its kind. This move signals a potential shift towards integrating cryptocurrencies into more traditional public finance frameworks. These bonds have been provisionally rated Ba2 by Moody’s Ratings, which […]
Local markets probably won’t regain media rights once the Apple TV deal concludes.
MLS Broadcast Rights: NYCFC’s CEO Perspective Brad Sims, the CEO of New York City FC, seems pretty set in his expectations regarding Major League Soccer’s future in local broadcast rights. Interestingly, he believes that the league might never revert to the earlier arrangements where clubs partnered with regional media outlets for local broadcasts—despite it potentially […]
Netflix pursues four-game NFL deal as the league reevaluates its media rights agreements.
Netflix Eyes More NFL Games Netflix is looking into the possibility of offering more NFL games, shifting from its current two-game packages to potentially adding four-game bundles. This move seems aimed at enhancing its offerings in sports content. Among the games Netflix is interested in are those on Thanksgiving Eve, as well as various international […]
Trump suggests a deal is likely to be reached soon with a ‘new and more reasonable’ Iran government.
President Trump indicated on Monday that a deal with Iran might be close, but he cautioned that if negotiations falter, the U.S. plans to take drastic action against Iran’s power plants, oil wells, and Kharg Island, which is crucial for exports. Trump mentioned on Truth Social that “the United States is in serious talks with […]
DOJ issues subpoenas as investigation into Warner Bros. Discovery-Paramount deal escalates: report
Investigation into Paramount Skydance’s Warner Bros. Acquisition The Justice Department has reportedly issued subpoenas as part of its inquiry into Paramount Skydance’s planned $110 billion acquisition of Warner Bros. Discovery, according to three sources familiar with the situation. This investigation raises questions about how this merger, which aims to unite two significant studios along with […]
Suspected Gilgo Beach serial killer Rex Heuermann agrees to plea deal, according to reports
Gilgo Beach Serial Killer Rex Heuerman Expected to Plead Guilty Rex Heuerman, the suspected Gilgo Beach serial killer, is reportedly set to accept a plea deal in New York, acknowledging his involvement in over six murders spanning decades. Officials have indicated that Heuerman plans to plead guilty, with his attorney, Michael J. Brown, and Suffolk […]
Mark Thompson speaks about his future during a tense conversation with employees regarding the Paramount deal.
CNN Leadership Update Amid Acquisition Concerns Mark Thompson, the head of CNN, has informed his team that he plans to stay on after Paramount Skydance finalizes its acquisition of Warner Bros. Discovery, CNN’s parent company. This announcement came as CNN employees expressed anxiety over what the new ownership might mean for the network’s future. According […]