The majority stake of the Los Angeles Lakers basketball franchise is being sold in what will mark the most expensive sale of a US sports team in history, according to a source familiar with the deal.
Category: Business
US Senate Passes Landmark Stablecoin Bill, GENIUS Act Advances
The United States Senate has passed significant legislation aimed at establishing a comprehensive regulatory framework for stablecoins, marking a major milestone for the cryptocurrency industry. […]
Nippon Steel Finalizes US Steel Acquisition After Trump Pact
Japanese firm Nippon Steel has completed its long-sought takeover of US Steel, after agreeing to yield unusual control to the US government.
TI Pledges ‘Historic’ $60B for Massive US Chip Expansion
Computer chip giant Texas Instruments (TI) will invest more than $60bn (£44.74bn) in the US, as President Donald Trump pressures big technology firms to increase manufacturing in the country.
Record $225M Crypto Seized in Global Pig Butchering Scam Bust
U.S. authorities have announced the largest-ever seizure of cryptocurrency linked to sophisticated “pig butchering” investment scams, totaling over $225 million. This significant action by the […]
TI Commits $60B+ for Historic US Chip Manufacturing Boost
Texas Instruments Plans Massive $60+ Billion Investment in US Semiconductor Production In a move set to reshape the domestic technology landscape, Texas Instruments (TI) has […]
TXN Stock Rallies: $60B US Manufacturing & Q1 Beat Fuel Gain
Shares of Texas Instruments (TXN) saw a notable boost, rallying amidst broader market gains fueled by easing trade tensions and positive corporate news. While the […]
Social Security & Medicare Funds Could Run Dry Sooner: Report
The financial health of Social Security and Medicare is facing a critical juncture. According to a recent annual report from the programs’ trustees, the trust […]
Fed Holds Rates 4th Time Amid Tariff & Forecast Worries
Federal Reserve Holds Interest Rates Steady for Fourth Consecutive Meeting The U.S. Federal Reserve announced Wednesday it would keep its benchmark interest rate unchanged, marking […]
Honda Recalls Over 259K Vehicles: Brake Pedal Defect Risk
Honda is initiating a significant safety recall in the United States, impacting more than 259,000 vehicles due to a potentially hazardous brake pedal issue. The […]