James Dolan’s MSG Networks reaches deal to avoid bankruptcy, sets up potential sale to YES
On Friday, the MSG Network announced a deal with lender JPMorgan, which will allow local sports channels to avoid bankruptcy. Under the conditions of off-court debt restructuring, MSGN, carrying the Knicks, Rangers, Islanders, Devils, Sabres and Gotham FC, will cut JPMorgan loans from over $800 million to $210 million. In exchange, Knicks owner James Dolan […]
Donald Trump To Run For Third Term? ‘Trump 2028’ Hats, T Shirts Go On Sale
Although US President Donald Trump is constitutionally prohibited from seeking a third term, his online store has begun selling products under the slogan “Trump 2028,” indicating that the 78-year-old Republican could run again in the next US presidential election. The Trump family-run store sells red ball caps for Trump 2028, written on the front desk […]
Unilever says Ben & Jerry’s not for sale — despite founders’ attempts to buy back brand
Unilever said Thursday that the conglomerate is not intended to sell Ben & Jerry, despite the founders of the popular ice cream brand bid to buy back the company. Starting July 1st, Unilever’s ice cream brand will be spin-off and renamed Magnum Ice Cream Company, which nods to other popular companies in its division. The […]
Trump Org puts ‘2028’ hat on sale in nod to third term talk: ‘Rewrite the rules’
The Trump organization released its latest product on Thursday honoring the 45th and 47th presidents. This is the red “Trump 2028” hat, nodding to speculation that the 78-year-old might seek another term. “The future looks bright! Please rewrite the rules with the 2028 High Crown Hat” item’s first explanation Trump Organization’s store website. Description was […]
‘You give everything in that first scrum’: meet Asher Opoku-Fordjour, Sale and England’s killer baby Shark | Sale
sThe biggest name of the English Rugby Union will be Salford’s frontline and center on Friday evening. Malo Itsje, Jamie George, Ben Earl and Tom Willis all start for the Saracens, with Tom Curry, George Ford and Luke Cowan Dicky among others putting sharks for sale. Most 20-year-olds invited to mix in such a noble […]
OpenAI Expresses Interest in Buying Google’s Chrome if Monopoly Trial Forces Sale
Once the rescue phase of Google’s Search Exclusive Antitrust Exam trial is unfolded, AI Giant Openai will emerge as a potential buyer of Google’s Chrome browser, with plans to convert it into an AI-centric experience. Ars Technica Report After the ongoing search antitrust trials for Google’s treatment phase have reached a critical time, the DOJ […]
Jack in the Box to close up to 200 restaurants, mulls sale of Del Taco
Jack in the Box is about to offload the struggling Del Tacos restaurant business and has suspended dividends as part of a restructuring plan under new CEO Lance Tucker, said Wednesday. The restaurant operator’s shares fell 6% in expansion trading as the company plans to close around 150-200 unperforming restaurants starting at 80-120 restaurant exits […]
Ryan Cohen must face shareholder lawsuit Bed Bath & Beyond stake sale
GameStop billionaire CEO Ryan Cohen faces a lawsuit by a company once known as Bed Bath & Beyond and must recover $47.2 million in profits from trading shares before a residential goods retailer goes bankrupt. On Friday, U.S. District Judge Naomi Reiss Buchold in Manhattan said Cohen and his RC venture must defend claims that […]
Nadine Menendez put husband’s ‘power up for sale,’ prosecutors say
Prosecutors and defense attorneys held today’s discussion at the bribery trial of Nadine Menendez, wife of former Senator Bob Menendez, who is accused of supporting a broker’s dealings that sold the senator’s influence in exchange for gold sticks, cash envelopes and Meldes-Benz convertibles. The former senator was not present, acting as a bribery, foreign agent, […]
HUD puts half-occupied headquarters building in DC up for sale
The Housing and Urban Development Agency (HUD) noted that only half of the DC headquarters have been used after the agency’s building was added to the list of federal property sold by the Trump administration on Thursday. HUD’s headquarters became the first major federal agency building to be added to the General Services Bureau’s list […]