Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the bourse reported in a press release Wednesday. The announcement came as the Israeli exchange announced the pricing of … Read more
Luke Littler made it to the final of the 2023/24 Paddy Power World Darts Championship at Alexandra Palace. There is £500,000 prize money up for grabs. Tom Dulat | Getty Images Sport | Getty Images LONDON — A 16-year-old named Luke Littler on Wednesday will compete in the final of the PDC World Darts Championship … Read more
A statue of George Best, Denis Law and Bobby Charlton standing outside Old Trafford, home of Manchester United in Manchester, England. Mike Hewitt | Getty Images Sport | Getty Images LONDON — Manchester United will next week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake in the soccer club, Sky News … Read more
Big news out of Big D … Mark Cuban is selling his majority stake in the NBA’s Dallas Mavericks, while still holding onto the reigns in basketball operations. The billionaire is selling his majority stake to Miriam Adelson … TMZ Sports has confirmed. While Mark is selling a stake reportedly valued at $3.5 billion, he … Read more
On the final day of Group Play in the NBA’s inaugural In-Season Tournament, the picture for the Knockout Round has yet to take shape. While the Lakers and Pacers have already punched their tickets to the Quarterfinals, there are four groups that have yet to determine a winner. Within those groups are 11 teams still … Read more
Jack Ma, founder and executive chairman of Alibaba Group in Shanghai China on Dec. 5th, 2017. Justin Solomon | CNBC Alibaba founder Jack Ma held off on plans to trim his stake in the Chinese e-commerce giant after the share price fell. Ma has not sold a single share, Alibaba’s Chief People Officer Jane Jiang … Read more
This is one case where the sequel will be much better than the original version. No. 2 Ohio State and No. 3 Michigan will meet with matching 11-0 records for the second consecutive season – which puts The Game on another level in Fox’s Big Noon Kickoff matchup on Nov. 25. Will this be the … Read more
As Sam Bankman-Fried awaits sentencing for what could be up to 110 years in prison, one of his former business partners, Anthony Scaramucci, is awaiting word on a 30% stake that SBF’s crypto exchange, FTX, had taken in his firm. Scaramucci, founder and managing partner of SkyBridge Capital, said during the Yahoo Finance Invest conference … Read more
Rafael Henrique | SOPA Images | LightRocket | Getty Images Disney said Wednesday that it had agreed to buy Comcast’s one-third stake in streaming service Hulu, a long-expected outcome. Disney said it expects to pay Comcast’s NBCUniversal about $8.61 billion by Dec. 1, reflecting the guaranteed minimum value of $27.5 billion for the streaming service … Read more
Bank of China is one of the major state-owned banks in China. Pictured here is a branch in Shanghai on March 27, 2023. Bloomberg | Bloomberg | Getty Images China’s sovereign wealth fund, Central Huijin Investment, increased its stake in four of the country’s biggest banks late Wednesday in what is seen as a move … Read more