Prosecutors urge judge to jail Sam Bankman-Fried, saying there are no conditions to stop him from witness tampering
Federal prosecutors urged a judge to revoke Sam Bankman-Fried's bail to stop him from tampering with witnesses before his criminal fraud trial, saying there are likely no conditions that the cryptocurrency entrepreneur will abide by to satisfy their concerns.
1970-01-01 08:00
MLB trade grades: Astros bring back familiar face from White Sox
Kendall Graveman is reuniting with the Houston Astros as they move one of their top prospects to the Chicago White Sox.The Chicago White Sox are having a busy Friday as the MLB Trade Deadline draws near on Aug. 1. The White Sox deal Graveman back to the Houston Astros in exchange for one of thei...
1970-01-01 08:00
Steelers: 3 2022 free agency mistakes Pittsburgh regrets
Relative to expectations, the Pittsburgh Steelers had a magical season in 2022. Narrowly missing the playoffs should be attributed to Mike Tomlin's leadership, while shortcomings should be attributed to offseason mistakes.Pittsburgh Steelers general manager Omar Khan has led a successful 20...
1970-01-01 08:00
DeSantis cornered on his Bud Light boycott after threatening legal action over stock drop
Ron DeSantis threatened Bud Light’s parent company with legal action after the beer brand’s sales and stocks dropped because of right-wing backlash and transphobic boycotts over a transgender influencer’s sponsored social media post – a boycott that the Florida governor supported. Mr DeSantis, who is seeking the 2024 Republican nomination for president, defended the boycott in a lengthy, wide-ranging interview with Megyn Kelly on SiriusXM after outlining the potential impacts of poor sales and stock prices on the state’s pension fund, which holds stock in Anheuser-Busch and InBev. The right-wing news personality asked whether Mr DeSantis was “using government to punish citizens for political wrongthink,” an accusation often thrown at Democratic officials by conservatives. “No. Take Anheuser-Busch. We’re not punishing them. They departed from business practices by indulging in social activism. That has caused a huge problem for their company, and their stock price has gone down,” Mr DeSantis said. “Well, our pension fund in Florida holds Anheuser-Busch/InBev stock. So it’s actually hurt teachers, it’s hurt cops, it hurts firefighters who depend on that pension fund, and so –.” “Didn’t you support the boycott against them?” Ms Kelly interjected. “No, I did, but that’s just as a personal thing, but I mean we didn’t have, like, the state government, you know, necessarily, you know, putting power about it, but as an American I said I’m not doing Anheuser-Busch, I’m not doing Bud Light.” In a recent letter to a state agency that manages retirement accounts for state workers, Mr DeSantis suggested that InBev “breached legal duties to its shareholders” by associating with “radical social ideologies” after trans influencer Dylan Mulvaney posted a video to her Instagram account with a Bud Light can in May. The video sparked widespread outrage among Republican officials and right-wing personalities who have filmed themselves dumping out beers, shooting bottles and cans, and pledging to boycott Budweiser products because a trans person was featured in marketing. “All options are on the table,” Mr DeSantis wrote in his letter, though it’s unclear what the state can do to challenge the multinational company’s business decisions. “When you take your eye off the ball like that, you’re not following your fiduciary duty to do the best you can for your shareholders, so we’re going to be launching an inquiry about Bud Light and InBev, and it could be something that leads to a derivative lawsuit on behalf of the shareholders of the Florida pension fund,” Mr DeSantis told Fox News host Jesse Watters on 20 July. Ms Kelly also pressed the governor on his administration’s actions against the Walt Disney Company and its sprawling theme park campus in the state. The company and the DeSantis administration are suing one another following a feud over Disney’s opposition to what opponents have called Florida’s “Don’t Say Gay” law that boiled over into political and legal battles that could shape the company’s business in the state. The governor has overseen what is effectively a state takeover of the municipal board that managed Disney’s park campus for decades, a move that the company has called a “targeted campaign of government retaliation”. “Why can’t Disney oppose your law … without being punished by the state?” Ms Kelly asked the governor. Mr DeSantis accused the company of “weaponising” state subsidies to speak out against state policy. The Reedy Creek Improvement District was first created in 1967 to give Disney control of its land use, zoning rules and public services without putting a tax burden on Florida residents. “It’s not about entitlement,” Ms Kelly said. “If I go to my boss and I say, ‘You sexually harassed me,’ and then suddenly he reduces my salary from $200k to $100k, that’s retaliation.” Mr DeSantis dismissed the comparison. He accused Disney of supporting “sexualising kids” and putting its “corporate weight” behind that effort, as his administration and national agenda launches a crusade against inclusive classroom instruction and honest discussion of gender, sexuality, race and racism, as well as a series of policies that threaten LGBT+ people and gender-affirming healthcare for both transgender minors and trans adults. A motion filed in US District Court on 26 June argues that Mr DeSantis is entitled to “legislative immunity” that shields the actions of the governor and lawmakers in “the proposal, formulation, and passage of legislation.” Attorneys for Mr DeSantis argue that the governor and the secretary of Florida’s Department of Economic Opportunity are both “immune” from the suit. In filings this week, attorneys for the company argued that the governor is trying to evade responsibility for overseeing laws that “punish residents for political statements violating a state-prescribed speech code”. Read More Tim Scott rebukes DeSantis for new Florida Black history curriculum Republican congressman faces wrath of DeSantis campaign with call to ‘correct’ Black history standards DeSantis v Disney: Why Florida’s governor is at war with the Mouse
1970-01-01 08:00
Sudha Murty: Why her comment over spoons divided Indians
Sudha Murty's life has been under increased scrutiny since son-in-law Rishi Sunak became PM of Britain.
1970-01-01 08:00
NFL Rumors: Disappointing Jalen Ramsey timetable, Jonathan Taylor contract update, Russell Wilson unleashed
NFL Rumors: Colts putting Jonathan Taylor's contract on the backburnerColts owner Jim Irsay caused some drama this week after tweeting about NFL running backs wanting to alter the CBA to ensure star rushers could be paid more.When he accused some agents of "selling bad faith," J...
1970-01-01 08:00
Chelsea reveal Uefa resolution after ‘incomplete financial reporting’ under the Roman Abramovich regime
Chelsea have agreed a resolution with UEFA that will see them hand over 10million euros (£8.57million) after owning up to “incomplete financial reporting” under the Roman Abramovich regime. A new ownership group led by Todd Boehly and Clearlake Capital completed their takeover of the club in May last year from Abramovich, who was sanctioned over his links to Russia president Vladimir Putin. UEFA, which has also banned Juventus from competing in the Europa Conference League this season due to financial irregularities, confirmed it was approached “proactively” by the Boehly-led consortium. They detected instances of partial financial information being submitted in historical transactions occurring between 2012 and 2019, breaching UEFA Club Licensing and Financial Fair Play regulations. A UEFA statement said: “Following its assessment, including the applicable statute of limitations, the CFCB (Club Financial Control Body) First Chamber entered into a settlement agreement with the club which has agreed to pay a financial contribution of 10million euros to fully resolve the reported matters.” The sanction represents another blow for Chelsea’s current owners after a disappointing first year at the helm, with the club’s 12th-place finish in the Premier League last term their worst since 1993-94. Chelsea have forked out around £600million in transfers since Boehly’s arrival, while former Tottenham boss Mauricio Pochettino has been tasked with turning around their on-pitch fortunes. Chelsea said in a statement the owners became aware of potential impropriety when carrying out a “thorough due diligence process” prior to the purchase and, upon completion of the takeover, they reported this to UEFA. The statement added: “In accordance with the club’s ownership group’s core principles of full compliance and transparency with its regulators, we are grateful that this case has been concluded by proactive disclosure of information to UEFA and a settlement that fully resolves the reported matters. “We wish to place on record our gratitude to UEFA for its consideration of this matter. Chelsea greatly values its relationship with UEFA and looks forward to building on that relationship in the years to come.” Juventus have also been reprimanded after a separate UEFA investigation and as well as throwing the Italian giants out of European football, they have been fined 20million euros (£17.14m). However, half of that fine has been suspended and Juventus will only have to pay if their financial records for the next three years do not comply with the accounting requirements. Juventus – who were docked 10 points last season over their past transfer dealings, effectively ending their hopes of Champions League qualification – were found to have violated the framework of a settlement agreement with UEFA in August last year. Juventus president Gianluca Ferrero said in a statement on the club’s website: “We regret the decision of the UEFA Club Financial Control Body. “We do not share the interpretation that has been given of our defence and we remain firmly convinced of the legitimacy of our actions and the validity of our arguments. “However, we have decided not to appeal this judgement. Despite this painful decision, we can now face the new season by focusing on the field and not on the courts.”
1970-01-01 08:00
Did Drake buy Tupac Shakur's $1M diamond ring? 'God's Plan' rapper flaunts the iconic gem on social media
The shining 14k ring is made of gold, ruby, and diamond jewels and will now decorate Drake's already rich jewelry collection
1970-01-01 08:00
Why John Cleese is 'forced' to work at 83? Actor says he's still paying off $20 million divorce settlement to ex Alice Eichelberger
'Do you know I had to pay her $20 million? Can you believe that? Twenty! No children,' said John Cleese
1970-01-01 08:00
FDIC launches sale of $18.5 billion of Signature Bank loans - Bloomberg News
The U.S. Federal Deposit Insurance Corporation (FDIC) set in motion the sale of an $18.5 billion loan portfolio
1970-01-01 08:00
J&J effort to resolve talc lawsuits in bankruptcy fails a second time
By Dietrich Knauth NEW YORK (Reuters) -A U.S. judge on Friday shot down Johnson & Johnson's second attempt to resolve
1970-01-01 08:00
Worker warned organizer 'Someone’s going to end up dead' before crowd surge at '21 Travis Scott show
The findings of a police investigation into the deadly 2021 Astroland festival in Houston shows that some people expressed safety concerns before rapper Travis Scott took the stage
1970-01-01 08:00
