May 27, 2023

The founder of one of the most successful sports media companies of the last decade could be ready to call it quits. Here’s a look at where things stand between Penn Entertainment, Barstool Sports and Dave Portnoy. What Happened: The acquisition of Barstool Sports by Penn Entertainment PENN is considered by many in the sports […]

For the first time, an all-electric vehicle has become the world’s bestselling car.  Tesla Inc’s TSLA Model Y has surpassed Toyota Motor Corp’s TM RAV4 and Corolla models to top global sales rankings in the first quarter of 2023, data from Jato Dynamics published by Motor1 revealed.  The 2023 Model Y starts at $47,490, more than the 2023 Corolla, priced

Over coffee at The Service on London’s Savile Row, the partner of a $3 billion family office tells me, “We are sitting on a sh*t ton of money and don’t know where to allocate it; 50% of our fund is in cash for now.” With nearly 40 years in the business, he remembers far worse

Tesla Inc TSLA CEO Elon Musk, who once laughed at Warren Buffett–backed Chinese EV-maker BYD Company BYDDY BYDDF, has now hailed its cars.  What Happened: Musk, on Friday, took to Twitter to respond to an old clip posted by Tesla Owners Silicon Valley Club, where the billionaire is seen laughing as the journalist asked him

While the world was grappling with the COVID-19 pandemic in 2020, North Korean dictator Kim Jong Un was reportedly focused on fortifying his country’s borders.  What Happened: Pyongyang has undertaken a vast construction project to build or upgrade border fences, walls and guard posts. Satellite imagery analyzed by the Middlebury Institute of International Studies along

The Supreme Court on Thursday sided with an 94-year-old Minnesota grandmother who was wronged when her county forced the sale of her condominium over unpaid taxes, and kept the proceeds that far exceeded the taxes she owed – the latest “home equity theft” to make headlines. The case followed a report late last year by

Bitcoin BTC/USD was edging slightly higher during Friday’s 24-hour trading session, in tandem with the S&P 500, which was popping up over 1%. The apex crypto was pulling Ethereum ETH/USD up slightly, while Dogecoin DOGE/USD was trading inverse to the major cryptos, declining about 0.5%. Optimism that lawmakers will find a solution to the debt

Positive long-term follow-up data from Sunstone Therapies’ investigator-initiated Phase 2 study assessing COMPASS Pathways’ CMPS synthetic psilocybin COMP360 paired with psychological support in cancer patients with Major Depressive Disorder (MDD) is out. 57% of patients sustained remission of depression, and 64% a robust clinical response, at 18 months following administration of a single 25mg psilocybin