Friday, November 22

Tag: contracts

Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family
29Nov By adminNo Comments
World

Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family

One week before the NBA touches down in Las Vegas for the final of its inaugural In-Season Tournament, Sin City has forged another link to the hardwood. The family of the late casino mogul Sheldon Adelson has agreed to buy a majority stake in the Dallas Mavericks from entrepreneur Mark Cuban, a source familiar with the deal said Tuesday.Las Vegas Sands disclosed plans by Miriam Adelson, Sheldon Adelson’s widow, to sell an estimated $2 billion in stock in the company, which a regulatory filing said would be “used to fund the purchase of a majority interest in a professional sports franchise…subject to customary league approvals.” NBA reporter Marc Stein first reported that the franchise in question would be the Mavericks.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87...
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Talks to Extend Israel-Hamas Truce Go Down to the Wire
27Nov By adminNo Comments
World

Talks to Extend Israel-Hamas Truce Go Down to the Wire

Listen to article(2 minutes)Mediators were working to secure a two-day extension to the four-day truce deal in the war in Gaza that ends later on Monday, and pave the way for more Israeli hostages to be released from Hamas custody.International pressure is rising on Israel to extend a pause in its military offensive in the Palestinian enclave devastated by fighting that caused thousands of civilian casualties, triggered a spiraling humanitarian crisis and forced most of the two million residents from their homes.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Elon Musk’s X Loses Bid to Scrap FTC Privacy Order
17Nov By adminNo Comments
World

Elon Musk’s X Loses Bid to Scrap FTC Privacy Order

A federal judge denied X Corp.’s request to modify or terminate a consent order between the social-media company acquired by Elon Musk last year and the Federal Trade Commission over how the platform handled users’ information.In a decision Thursday, U.S. Magistrate Judge Thomas Hixson in the Northern District of California said his court lacked the power to grant X relief from another tribunal’s orders. The judge also denied X’s request to stop a deposition of Musk by the FTC. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Elon Musk’s X Loses Bid to Scrap FTC Privacy Order
17Nov By adminNo Comments
Technology

Elon Musk’s X Loses Bid to Scrap FTC Privacy Order

A federal judge denied X Corp.’s request to modify or terminate a consent order between the social-media company acquired by Elon Musk last year and the Federal Trade Commission over how the platform handled users’ information.In a decision Thursday, U.S. Magistrate Judge Thomas Hixson in the Northern District of California said his court lacked the power to grant X relief from another tribunal’s orders. The judge also denied X’s request to stop a deposition of Musk by the FTC. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Auto Chip Makers Try to Avoid a Pileup
7Nov By adminNo Comments
Money

Auto Chip Makers Try to Avoid a Pileup

Cars need a lot of chips these days. That has been a godsend for the semiconductor industry—and also a big complication. The industry has been mired in a historic slump for more than a year now. The Semiconductor Industry Association, or SIA, reported last week that global chip sales in September fell 4.5% from the same period last year. That made for the 14th straight month of sales declines—a streak not seen in more than a decade. Much of the downturn has been due to weak sales of PCs, smartphones and other consumer and business electronics that saw a rise in demand earlier in the pandemic. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Auto Chip Makers Try to Avoid a Pileup
7Nov By adminNo Comments
World

Auto Chip Makers Try to Avoid a Pileup

Cars need a lot of chips these days. That has been a godsend for the semiconductor industry—and also a big complication. The industry has been mired in a historic slump for more than a year now. The Semiconductor Industry Association, or SIA, reported last week that global chip sales in September fell 4.5% from the same period last year. That made for the 14th straight month of sales declines—a streak not seen in more than a decade. Much of the downturn has been due to weak sales of PCs, smartphones and other consumer and business electronics that saw a rise in demand earlier in the pandemic. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Ukraine Damages Russian Cruise Missile Carrier In Latest Strike On Crimea
5Nov By adminNo Comments
World

Ukraine Damages Russian Cruise Missile Carrier In Latest Strike On Crimea

Moscow said a Ukrainian strike had damaged a Russian ship moored in occupied Crimea, the latest sign that Ukraine’s stepped-up attacks are dealing further blows to the Russian Navy. Russia’s statement came after Ukraine’s Air Force on Saturday said it had launched cruise missiles at a shipbuilding facility in Kerch, in east Crimea, that had damaged one of Russia’s most modern cruise missile carriers. The hit to the ship came as Ukraine’s top military commanders describe the battlefield situation as a stalemate.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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LVMH to Buy Eyewear Brand Favored by the Stars
5Nov By adminNo Comments
World

LVMH to Buy Eyewear Brand Favored by the Stars

PARIS—LVMH Moët Hennessy Louis Vuitton has agreed to buy Los Angeles-based eyewear maker Barton Perreira, part of the luxury conglomerate’s push to extend its reach to goods with mass-market appeal. Eyewear has emerged in recent years as one of the first purchases that aspiring luxury consumers make before moving on to more expensive items such as handbags. That is prompting LVMH and other luxury-goods companies to wean themselves off licensing agreements with third-party manufacturers and develop in-house eyewear operations.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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U.S. All but Stopped Spying on Hamas in Years After 9/11
1Nov By adminNo Comments
World

U.S. All but Stopped Spying on Hamas in Years After 9/11

WASHINGTON—U.S. intelligence agencies all but stopped spying on Hamas and other violent Palestinian groups in the years after the Sept. 11, 2001, terrorist attacks on the U.S., instead directing resources to the hunt for the leaders of al Qaeda and, later, Islamic State, according to U.S. officials familiar with the shift.Calculating that Hamas had never directly threatened the U.S. and burdened with other spying priorities, Washington ceded the responsibility to Israel, confident that its aggressive security services would detect any threat, the U.S. officials said. It should have been “a well-placed bet,” said one senior counterterrorism official.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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