Browsing: Business
Mark Walter looking to unload Chelsea stakes days after selling Lakers to Josh Kushner, Bob Iger: report
Mark Walter, who already sold his majority stake in the Los Angeles Lakers just one year after purchasing the NBA team, might be selling off yet another sports asset. Walter and business partner Todd Boehly are reportedly looking to sell their stakes in…
Supreme Court rejects Verizon effort to get $46.9M FCC fine refund in location data case
The Supreme Court has denied Verizon’s request for rehearing in its fight over a $46.9 million Federal Communications Commission penalty tied to the telecom giant’s former customer location data program. The justices denied the petition Monday without…
OpenAI builds dedicated ChatGPT experience for teens with parental controls and study features
ChatGPT-maker OpenAI on Tuesday announced that it’s creating a new portal for teenagers between the ages of 13 and 17 as it looks to address concerns about online safety for young people. The company made the announcement exclusively on-air with Fox News’…
Jeanie Buss battling siblings over sale of remaining Lakers shares to new ownership group: reports
Less than one week after Mark Walter shockingly sold the Los Angeles Lakers to Bob Iger and Josh Kushner, the Buss family is now relinquishing its own shares to the new majority owners. At least, most of the Buss family wish to do so. Earlier on Monday, ESPN…
Nearly 1M Chrysler, Jeep, Dodge and Ram vehicles recalled over camera glitch
Chrysler parent Stellantis announced on Monday that nearly one million vehicles worldwide are being recalled over radio software that may prevent rearview cameras from displaying images properly. About 955,000 Chrysler, Jeep, Dodge and Ram vehicles are…
Swig’s ‘dirty soda’ boom grows beyond Utah as investor touts ‘Starbucksification’ of soft drinks
Swig, the Utah-born beverage chain that helped popularize “dirty soda,” is finding some of its strongest growth well beyond its home state. Andrew K. Smith, managing director and co-founder of restaurant-focused private equity firm Savory Fund, told FOX…
LARRY KUDLOW: Trump and the GOP Actually Have a Strong Election Message as Long as They Make It
So one of the political lessons of the primary election season is how badly polls have been wrong. Comrade Abdul El-Sayed in Michigan was supposed to win by more than 20 percentage points, but instead barely escaped by a thin cat’s whisker. And the extremist…
Buss family agrees to sell remaining Lakers ownership stake to Josh Kushner, Bob Iger group
Less than one week after Mark Walter shockingly sold the Los Angeles Lakers to Bob Iger and Josh Kushner, the Buss family is now relinquishing its own shares to the new majority owners. The Buss family decided to sell the remaining 17.8% ownership stake in…
L3Harris names Sam Mehta as new CEO after Kubasik misconduct finding
L3Harris Technologies said on Monday that CEO Christopher Kubasik stepped down from the role after an investigation by the board of directors found he engaged in misconduct, which led to the company reaching a separation agreement with him and naming his…
Meta heads to trial over alleged social media addiction, risks to children
Social media giant Meta is heading to court in a case brought by a group of state attorneys general who claim the company designed its social media platforms to be addictive and misled the public about potential risks. The trial is expected to begin with…

