India  

Mark Cuban Not Running For President Despite Speculation After Selling Mavericks

TMZ.com Wednesday, 29 November 2023
Mark Cuban says there's "no chance" he's trying to campaign his way into the White House ... following speculation he might run for President in 2024 after selling a majority stake in the NBA's Dallas Mavericks. Comments of the supposed political…
0
shares
ShareTweetSavePostSend
 
Video Credit: Sports Illustrated - Published
News video: Mark Cuban Selling Majority Stake Of Mavericks, But Will Still Control Basketball Operations, Per Report

Mark Cuban Selling Majority Stake Of Mavericks, But Will Still Control Basketball Operations, Per Report 00:34

Mark Cuban is reportedly set to sell a majority stake in the Mavericks to Miriam Adelson and the Adelson family, according to Shams Charania of The Athletic. Cuban will reportedly sell a large portion of his stake at a valuation of $3.5 billion, but will maintain full control of basketball...

You Might Like


💡 newsR Knowledge: Other News Mentions

Dallas Mavericks Dallas Mavericks National Basketball Association team in Dallas

Doncic helps Mavericks level play-off with Clippers

Luka Doncic scores 32 points to help the Dallas Mavericks to a 96-93 win to level their play-off series against the Los Angeles Clippers at 1-1.
BBC Sport

White House White House Official residence and workplace of the president of the United States

Kim Kardashian & Kamala Harris: Inside White House Roundtable on Criminal Justice Reform | Oneindia [Video]

Kim Kardashian & Kamala Harris: Inside White House Roundtable on Criminal Justice Reform | Oneindia

Go behind closed doors as Kim Kardashian joins Vice President Kamala Harris at the White House for a crucial roundtable discussion on criminal justice reform. Witness their collaborative efforts and passionate advocacy for second chances and meaningful change. #KimKardashian #KamalaHarris #WhiteHouse #WhiteHouseRoundTable #JoeBiden #TheKardashians #VPKamalaHarris #Oneindia ~PR.274~HT.101~HT.98~GR.122~

Credit: Oneindia    Duration: 02:01Published

Kim Kardashian Returns to White House for Criminal Justice Reform

Kim Kardashian went back to the White House to advocate for criminal justice reform -- only here, it was with Biden's camp ... proving she's loyal to the cause,..
TMZ.com
Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production [Video]

Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production

Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production. On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. . Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. . This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement. Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse. Schumer referred to the plan as "quite a great return" on the government's investment. A factory will also be built in Boise, Idaho, NPR reports. . That facility is expected to be ready for production by 2026, while two New York factories will likely be ready by 2028 and 2029. The White House estimates that the projects could create 20,000 jobs in construction and manufacturing. in addition to "tens of thousands of indirect jobs in the regions," NPR reports. . The CHIPS and Science Act has also provided funding for Intel, TSMC and Samsung

Credit: Wibbitz Top Stories    Duration: 01:30Published
FTC to Decide Whether Noncompete Agreements Should Be Banned [Video]

FTC to Decide Whether Noncompete Agreements Should Be Banned

FTC to Decide , Whether Noncompete Agreements , Should Be Banned. After receiving over 26,000 public comments about the issue, the Federal Trade Commission is set to deliver its verdict on April 30, NPR reports. . The commission said that if approved, the final rule "would generally prevent most employers from using noncompete clauses.". The commission said that if approved, the final rule "would generally prevent most employers from using noncompete clauses.". Approximately one in five Americans, spanning minimum wage workers to CEOs, are subject to noncompete agreements, the FTC estimates. . The Biden administration says that these types of agreements hurt workers by decreasing wages. The White House also argues that these agreements harm the U.S. economy because entrepreneurship isn't allowed to freely flourish. . FTC Chair Lina M. Khan issued a statement when the proposed ban was initially introduced. The freedom to change jobs is core to economic liberty and to a competitive, thriving economy, FTC Chair Lina M. Khan, via statement. Noncompetes block workers from freely switching jobs, depriving them of higher wages and better working conditions, and depriving businesses of a talent pool that they need to build and expand, FTC Chair Lina M. Khan, via statement. Businesses argue that noncompete agreements are essential for safeguarding investments and proprietary information. Those businesses also question whether the agency has the power "to regulate such agreements," NPR reports. . If the FTC votes to issue a final rule, enforcement wouldn't occur for 180 days, and legal challenges would likely ensue.

Credit: Wibbitz Top Stories    Duration: 01:31Published
Fears of Potential Iranian Attack Drive US Stocks Down Nearly 500 Points [Video]

Fears of Potential Iranian Attack Drive US Stocks Down Nearly 500 Points

Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points. CNN reports that United States stocks dropped on April 12 amid rising tensions in the Middle East pushing traders to seek safe havens like gold and bonds. CNN reports that United States stocks dropped on April 12 amid rising tensions in the Middle East pushing traders to seek safe havens like gold and bonds. By mid-afternoon, the Dow had fallen 1.4%, the S&P 500 went down 1.6%, and the Nasdaq dropped 1.8%. The dip came after the White House announced that both the U.S. and Israel are on alert for a potential attack by Iran or its allies. The dip came after the White House announced that both the U.S. and Israel are on alert for a potential attack by Iran or its allies. The warning comes after Iran accused Israel of a deadly airstrike on a consulate in Damascus, Syria. . The news also sent oil prices up amid fears of regional tensions escalating as a result of the ongoing war in Gaza. . The news also sent oil prices up amid fears of regional tensions escalating as a result of the ongoing war in Gaza. . Brent crude futures jumped up to $90.42 a barrel, and West Texas Intermediate crude futures increased to $86.65 a barrel. Those geopolitical concerns and subsequent rising oil prices sent investors to safe havens like gold futures, which rose to $2,379 a troy ounce. Those geopolitical concerns and subsequent rising oil prices sent investors to safe havens like gold futures, which rose to $2,379 a troy ounce. CNN reports that Americans' opinions of the economy have dipped in the past few months amid persistently high inflation. The geopolitical fears come as investors are already contending with concerns that the Federal Reserve could wait to bring interest rates down from a 23-year high. Officials at the Fed have signaled that further rate hikes could still be on the way if the central bank's efforts to fight inflation stall.

Credit: Wibbitz Top Stories    Duration: 01:31Published

National Basketball Association North American professional men's basketball league

Meet the NBA dance team trying to change perceptions

Meet the Cleveland Cavaliers senior dance team, who are proving that age is just a number.
BBC Sport

Nikola Jokic's Brother Punches Fan In Heated Altercation, NBA Investigating

8:20 AM PT -- TMZ Sports has learned ... the NBA is currently looking into the situation. Nikola Jokic's brother was in no mood to celebrate the Nuggets'..
TMZ.com

LeBron James Rips Officiating After Nuggets Loss, 'What The F***'

LeBron James' heart was broken after a last-second loss Monday night, but his mouth sure worked fine -- as he spent part of his postgame meeting with media..
TMZ.com

Related videos from verified sources

Mark Cuban Mavs Deal Leads to Intrigue [Video]

Mark Cuban Mavs Deal Leads to Intrigue

Mark Cuban is making moves, both with his popular show Shark Tank and the Dallas Mavericks, leading to speculation as to what his next move could be.

Credit: Sports Illustrated     Duration: 00:09Published