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The Los Angeles Lakers’ Record $12.5 Billion Sale Resets The Market For Sports Teams
Less than a year after Mark Walter paid $10 billion for the team, he flipped it like a piece of real estate. But if there is a bubble for pro sports team ownership, it hasn’t shown any signs of popping yet.
By Editors Desk
Latest Business
Venezuela's rebound of oil activity under the US's 'neocolonial' control
As Donald Trump has made clear his intention to place Venezuelan oil production under US control, experts have condemned the opacity surrounding the management of revenues from the industry. Civil society groups have also denounced the lack of economic benefits for oil and gas-producing regions.
Paramount Wins EU Approval for $81 Billion Warner Bros. Deal
Concessions that include refusing certain theater distribution agreements helped ease regulators’ concerns.
Donald Trump prepares fresh tariff barrage with 10% levies set to expire
US president to renew trade war after Supreme Court threw out reciprocal duties
Stripe, Advent offer to buy PayPal for more than $53 billion, sources say
Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments company at more than $53 billion, two people familiar with the matter said.
The Battle for Hormuz: Trump Shifts Iran War Into Dangerous New Phase
President Trump’s third major shift in military strategy comes as he searches for a way to turn the tables on Iran in the nearly five-month-old war.
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Comcast’s Sky to Acquire ITV’s Networks and Streaming Businesses in $2.13 Billion Deal
The ITV Studios production arm will become a standalone business after the planned transaction.
Bibles, Home Alone and perfume: Six surprising ways Trump made money in 2025
Official documents show the US president made billions of dollars as he returned to the White House.
The Strait of Hormuz is ‘leaking’ oil
