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Buss family clashes over report of Lakers sale
A bitter family dispute is threatening to complicate the record-setting sale of the Los Angeles Lakers, with controlling owner Jeanie Buss challenging her siblings’ reported agreement to sell the family’s remaining 17.8% stake.
LA Lakers sell for a record $12.5 billion to ex-Disney CEO Iger and Jared Kushner’s brother Josh
In a stunning sports-business shakeup, former Disney CEO Bob Iger and venture capitalist Josh Kushner are reportedly buying the Los Angeles Lakers for a record $12.5 billion, less than a year after the franchise changed hands.
Exclusive: Ex-Trump official: US-Iran framework is ‘enormously helpful’ to Iran
A new U.S.–Iran framework deal is being hailed as an economic lifeline for Tehran, but critics warn it may hand the Islamic Republic too much financial leverage too quickly.
NBA Finals: Would you pay $4,000 – for a nosebleed seat?
Demand for the New York Knicks' first NBA Finals appearance in decades has sent ticket prices soaring, with even the cheapest seats at Madison Square Garden costing nearly $4,000 and some fans opting to fly to Texas instead.
Gas hasn’t been this cheap on Labor Day since 2020
Americans soaking up the end of summer this holiday weekend will catch a break at the gas pump. Labor Day gas prices are expected to average $3.15 per gallon this year— the cheapest since 2020 during the Covid-19 pandemic, according to GasBuddy. That’s down modestly from $3.29 last Labor Day.
‘Tariff Bingo is tough.’ Texas manufacturers sweat Trump’s tariffs, high interest rates
Texas manufacturers continue to express frustration over the Trump administration’s volatile tariff playbook and the impact of high borrowing costs.
‘Tariff Bingo is tough.’ Texas manufacturers sweat Trump’s tariffs, high interest rates
Texas manufacturers continue to express frustration over the Trump administration’s volatile tariff playbook and the impact of high borrowing costs.
Tariffs are giving parents back-to-school sticker shock
Lisa Ward was startled at the prices on sneakers when she recently went back-to-school shopping for her twin boys. “All of them were at least $10 or $20 more than last year. That pissed me off, but I didn’t have a choice,” said Ward, a finance professional who lives outside of Atlanta.
Top exec reveals the ‘stupidest thing’ companies adopting AI can do
The president of Cisco rejects the doomsday warnings from some tech leaders that artificial intelligence will make entry-level jobs vanish.
The ‘godfather of AI’ reveals the only way humanity can survive superintelligent AI
Geoffrey Hinton, known as the “godfather of AI,” fears the technology he helped build could wipe out humanity — and “tech bros” are taking the wrong approach to stop it.