NFL owners allow private equity firms to buy up to 10% of clubs for first time
The National Football League approved new rules on Tuesday that will allow team owners to sell parts of their franchises to private equity firms, raising the possibility of a windfall that could add billions of dollars to the value of clubs. The NFL's 32 owners voted for the measure at a special league meeting in […]
Pulse Nightclub owners will not face involuntary manslaughter charges over 2016 shooting: Police
The former Pulse nightclub owners have been acquitted of manslaughter charges in connection with a June 2016 mass shooting in Orlando, Florida, according to a new report from the Orlando Police Department. Police began investigating possible criminal charges against Pulse's former owners, Barbara and Rosario Poma, more than a year ago. Fox 35 Reported. The […]
Temu owner’s shares plummet 30% as fast-fashion competition intensifies
Shares in PDD Holdings, the parent company of Chinese e-commerce giant Tem, fell nearly 30% on Monday after the company warned that growing competition in the fast fashion sector could cause profits to fall. PDD co-founder Lei stressed that the company’s current growth is not sustainable as it battles with rivals such as Shein, Bytedance’s […]
Immigrant hotel owners say NYC bill that bans outsourcing jobs would ‘destroy’ their American Dream
A new group of South Asian immigrant hoteliers is speaking out against proposed legislation they say would “destroy” New York’s hospitality industry and undermine their American dream. The Indian Americans behind the New York City Minority Hotel Association, which owns about 120 non-union hotels, mostly in suburban Manhattan, are opposed to a controversial plan that […]
27 states press SCOTUS to halt Biden ATF’s ‘blatant attack’ on gun owners, claiming end-run around Congress
West Virginia and Montana led 27 states in filing an amicus brief with the Supreme Court on Wednesday, urging the court to “restrain” the Biden administration’s new policy. Frame or Receiver Rules. The states, through their attorneys general, argued that the Bureau of Alcohol, Tobacco, Firearms and Explosives’ new rules “go too far” by essentially […]
Minnesota business owners sound alarm on Harris’ ‘nightmare’ VP pick : ‘Really bad for the US’
Mountain Lake, Minnesota – Rural Minnesota residents say Gov. Tim Walz is “anti-small business,” and are warning of what could happen if the vice president takes office under his leadership, given his experience in the state. Several business owners in Mountain Lake, Minnesota, described working under Walz’s leadership as a “nightmare” and shared their experiences […]
Ford, Mazda warn owners to stop driving older vehicles with Takata air bag
Ford and Mazda are warning people not to drive more than 475,000 older vehicles in the United States because they contain dangerous Takata airbag inflators that have not been replaced. The warning issued Tuesday applies to more than 374,000 Ford, Lincoln and Mercury vehicles from the 2004 to 2014 model years, and about 83,000 Mazda […]
NYC PBA backs bill to better police hotels, which owners call `nuclear bomb’
The union representing New York City police officers has backed a controversial bill that would more strictly regulate hotels, but innkeepers say the measure would devastate the city’s lodging industry. Police Benevolent Association president Patrick Hendry said Bill 991, the Safe Hotels Act, would make it easier to control troubled hotels, working with the Hotel […]
Gun Owners of America fights Florida’s ban on carrying firearms openly: ‘Blatant infringement’
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Pa. dog comes to owner’s rescue after man plunges 20 feet and injures hip
A heroic dog in Pennsylvania last week braved the midsummer heat to save his owner. Authorities say the owner of a quick-witted golden retriever ran for help when he fell 20 feet in a Pittsburgh-area hill, sustained a severe hip injury and was unable to get up. The brave pup sprang into action on Thursday […]