FIFA tests the limits of private equity in sports with World Cup subsidiary sale
UEFA and Concacaf’s rejection of FIFA’s plan to sell a 20% stake in the World Cup’s commercial operations highlights uneasiness with private equity in sports.
Pirro moves to drop case against Olympian, says Reflecting Pool damage caused by ‘flawed installation’
U.S. Attorney for Washington Jeanine Pirro on Friday moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with vandalizing the Reflecting Pool of the Lincoln Memorial, writing in a court filing that damage to the pool’s sealant was the result of a “flawed installation.” Read more Fintech broker Clear Street offers investors pre-IPO access to […]
‘Spider-Man: Brand New Day’ sets domestic box office preview record with $72 million
Sony and Marvel’s “Spider-Man: Brave New Day” is expected to haul in around $270 million domestically over its debut weekend.
Trump appeals order that slammed his IRS lawsuit and referred his lawyer to bar
Trump had sued the IRS for $10 billion over the leak of his tax information by an agency contractor.
Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
Fintech brokerage Clear Street is launching a private markets platform, beginning with Databricks stakes, to give investors more access to late-stage startups.
Analysis: Markets heard a dovish Kevin Warsh. The Fed chairman’s own words suggest a rate hike
Investors saw Warsh’s press conference as dovish, but a closer reading of the Fed chair’s prepared remarks suggests he may be close to raising interest rates.
How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days
Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness.
Trump says U.S. has ‘not agreed to’ grant Ukraine Patriot missile licenses
President Donald Trump said the U.S. hasn’t agreed to grant Ukraine licenses to produce Patriot missile systems.
UEFA threatens World Cup boycott over FIFA private equity investment plan
FIFA has faced backlash from global soccer governing bodies over the proposal to allow private investment.
Hamas says Trump’s Gaza ‘disarmament’ claim depends on Israel honoring commitments
Hamas says it will only disarm after Israel meets previous ceasefire commitments, despite President Donald Trump’s announcement of a breakthrough U.S.-brokered agreement.