MLB, Braves object to Diamond Sports reorganization plan

A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022. Ronald Martinez | Getty Images Major League Baseball and the Atlanta Braves have raised issues with the reorganization plan and future viability of Diamond Sports Group, the country’s largest owner of regional sports networks, according to a Friday bankruptcy court filing. The Braves and MLB said in the objection that they have “grave concerns” with the

Read More

Fed Chair Jerome Powell says he won’t resign if Trump tries to remove him

Fed Chair Jerome Powell says he won’t resign if Trump tries to remove him – CBS News Watch CBS News Federal Reserve Chairman Jerome Powell said he would not step down if pressured by President-elect Trump. The Fed also cut interest rates by one quarter of a percentage point. MoneyWatch correspondent Kelly O’Grady has the details. Be the first to know Get browser notifications for breaking news, live events, and

Read More

Consumer watchdog cautions companies against snooping on workers with surveillance tech

The Consumer Financial Protection Bureau on Thursday cautioned companies against using tools that monitor or evaluate employees without their knowledge or consent.   The federal agency issued its warning in response to what it said is increasing use of new technology to track workers, including algorithmic scores or background reports compiled by outside parties, the CFPB said in a news release. The information could be used to anticipate worker resignations

Read More

Ready to Go? Michael Saylor Reacts as Bitcoin (BTC) Nears Historic Highs By U.Today

U.Today – As gains momentum, Michael Saylor, the executive chairman of MicroStrategy, took to X (Formerly Twitter) with a simple yet powerful message: “Ready to Go.” His tweet quickly caught the attention of the crypto community, highlighting the optimism and expectations around Bitcoin’s current price rise. The Federal Reserve cut interest rates on Thursday, as expected, giving Bitcoin a boost, and extending its three-day rally. Bitcoin has been on a

Read More

Book excerpt: “Revenge of the Tipping Point” by Malcolm Gladwell

Little, Brown & Co. We may receive an affiliate commission from anything you buy from this article. In 2000, Malcolm Gladwell published the first of several bestselling books, “The Tipping Point,” in which he applied the laws of epidemics to promote positive social change. Now, he’s returned to that optimistic book’s lessons in “Revenge of the Tipping Point” (to be published October 1 by Little, Brown & Co.), to examine

Read More

Is Super Micro Computer Stock a Buy? 3 Things to Watch.

With shares down by 78% from an all-time high reached in March, Super Micro Computer (NASDAQ: SMCI) might be one of the first dominoes to fall as the artificial intelligence (AI) hype cycle reaches a possible conclusion. But so far, this crash has little to do with company fundamentals and seems more related to allegedly shady accounting practices and possible wrongdoing. Let’s explore three factors to watch before considering a

Read More

The Entertainer blames Budget tax rise for axing new shops

Getty Images The Entertainer toy shop chain says it has been forced to drop plans to open two new stores after the government said it would raise National Insurance (NI) Contributions for employers. Chief executive Andrew Murphy told the BBC the higher taxes, announced in last week’s Budget, meant it could no longer go ahead with the shops and it had also frozen hiring at its head office. A number

Read More

China urges U.S. cooperation as Trump trade threat looms

U.S. President Donald Trump and China’s President Xi Jinping at the G20 leaders summit in Japan on June 29, 2019. Kevin Lamarque | Reuters BEIJING — China emphasized the need for greater cooperation with the U.S., a day after it became clear President-elect Donald Trump would become the next leader of the White House. “The Chinese side is willing, on the basis of mutual respect, peaceful coexistence and win-win cooperation,

Read More