Former Disney chief Bob Iger and investor Josh Kushner are buying the NBA’s Los Angeles Lakers for a record-setting $12.5 billion, just 14 months after the team sold for $10 billion. Valuations for professional sports franchises have soared to eye-popping levels, as billionaires search for a dwindling number of trophy ...
Month: August 2026
China’s economic reformer Zhu Rongji dies at 97China’s economic reformer Zhu Rongji dies at 97
Former Chinese Premier Zhu Rongji, a leading architect of the country’s economic rise, has died aged 97. Zhu’s signal accomplishment was steering China into the World Trade Organization in 2001, after laying the groundwork with a host of reforms: overhauling the tax system, commercializing state banks, and smashing the “iron ...
Israeli militants besiege two Palestinian families in their West Bank homesIsraeli militants besiege two Palestinian families in their West Bank homes
Settlers and soldiers cut off water and electricity to homes, and block medical care in campaign of terror Israeli militants have besieged two Palestinian families in their homes since the weekend, aiming to take over their properties in the West Bank village of Qusra through a campaign of terror. A ...
Here’s the Manual for ICE’s Electric Shock GlovesHere’s the Manual for ICE’s Electric Shock Gloves
Immigration and Customs Enforcement (ICE) plans to spend tens of millions of dollars on buying specialized gloves that pulse with electrical energy, which make it easier for agents to subdue people, the Associated Press reported on Tuesday. A user manual for G.L.O.V.E, or Generated Low Output Voltage Emitter, sold by ...
Once-in-a-generation solar eclipse wows millions in UK and EuropeOnce-in-a-generation solar eclipse wows millions in UK and Europe
More than 95% of the Sun was covered by the Moon in Cornwall, while parts of Spain experienced the magic of a total eclipse. ...
Millions watch ‘surreal’ solar eclipse in UK and EuropeMillions watch ‘surreal’ solar eclipse in UK and Europe
More than 90% of the Sun was covered by the Moon in the UK, while a full eclipse was visible in Spain and Iceland. ...
Major Russian grain export terminals hit in Ukraine Black Sea port attackMajor Russian grain export terminals hit in Ukraine Black Sea port attack
Grain exports from both Russia and Ukraine are falling as both countries attack each other’s shipping facilities and ports. ...
Hong’s defeat shows the left evolving further away from 2020Hong’s defeat shows the left evolving further away from 2020
David’s view Over the last few days, as Francesca Hong’s Wisconsin gubernatorial campaign came undone over a tweet condemning the colonialist origins of Thanksgiving, I flashed back to September and a debate between two Democratic strategists. On one side of the Persuasion 2025 stage was Sarah Longwell, a former Republican ...
Africa gets new sovereign bond ETFAfrica gets new sovereign bond ETF
A new African sovereign bond exchange-traded fund has launched with up to $250 million in commitments. Its backers are betting it can help unlock a much bigger market for African sovereign debt and help reduce borrowing costs. Managed by Legal & General, the ETF tracks an African sovereign bond index ...
US lawmakers mull extending AGOA trade programUS lawmakers mull extending AGOA trade program
The African Growth and Opportunity Act, the US-Africa trade preference pact, is on the path for a two-year renewal after the Senate passed a government funding bill over the weekend that included an extension for the program. But there’s no guarantee that the bill will pass the House of Representatives, ...