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Chicago Bears wide receiver Byron Pringle was arrested on Saturday after Florida Highway Patrol allegedly found him doing donuts in his car on a state road with a small child in the backseat. Pringle, 28, was spotted after an officer saw a cloud of smoke and smelled burning rubber on a road about 30 miles from Tampa. “I could smell the distinct smell of burnt rubber as I proceeded to turn around in the same median break,” Bloom wrote. “I observed a series of tire marks on the roadway… Source link

(Bloomberg) — Twitter Inc. is in the final stretch of negotiations about a $43 billion sale to Elon Musk that could rank as one of the biggest-ever leveraged buyouts of a listed company, people with knowledge of the matter said, placing an influential blogging platform under control of the world’s richest person. Most Read from Bloomberg An agreement would cap a monthslong saga that saw Musk amass a stake of about 9%, launch a fusillade of criticism at Twitter’s management, turn down a… Source link

A New York judge held former President Donald Trump in contempt of court Monday because of the Trump Organization’s refusal to turn over documents to New York Attorney General Letitia James as part of an ongoing investigation into whether it fraudulently reported the value of real estate holdings in financial statements. State Supreme Court Justice Arthur Engoron ruled that Trump must pay a fine of $10,000 per day until he complies with a subpoena for business records related to the… Source link

Former Dallas Cowboys quarterback Tony Romo had a spotty playoff record behind center – 2-4 lifetime – and it didn’t get any better Sunday on the golf course. Playing in the celebrity division of the ClubCorp Classic, a PGA Tour Champions event in Irving, Texas, Romo, 42, held the lead until he hit into the water at the par-5 18th hole at Las Colinas Country Club and made bogey, while former tennis pro Mardy Fish responded with a clutch birdie. That forced a tie with 106 points in the… Source link

If you have the paper, flaunt it like Tesla (TSLA) CEO Elon Musk. That could be what other billionaires are about to do as they seek to drive headline-grabbing change at well-known public companies as Musk did with Twitter. “It’s the beginning of a wave,” Lawrence Elbaum, co-head of Vinson & Elkins’ Shareholder Activism practice, said on Yahoo Finance Live (video above). “It’s not the first time this has happened. There’s lots of billionaires who have bid for companies in the past. There’s… Source link

TikTok’s massive popularity is shaping trends among social media companies, including Snap (SNAP), which reported earnings last week, said Ygal Arounian, an analyst at Wedbush (video above). “Snap and the others are moving kind of further deeper into this creator economy world, which TikTok has done a great job capturing,” he said. “So there’s a lot of focus on creating platforms that are similar to TikTok. Copycatting TikTok is a big trend right now.” Snap’s earnings were mixed…. Source link

Trey McBride, a tight end from Colorado State University, is poised to make history on Thursday. If he’s drafted — and many think he will be — he’ll be the first NFL player with same-sex parents. McBride, along with his four siblings, were raised by parents Kate and Jen, who told “The Today Show” that they started their family in the 1990s — a time when same sex relationships and parenthood weren’t as readily accepted as they are today. “They actually considered me a single mom,” Source link

One thing is clear in the current market conditions: it’s a time of transition. Over the past four months, the stock market has shifted from the bull run we saw in 2021 into a far more volatile state of affairs. The market dipped into correction territory in March, bounced back out in April, and now is heading down again. One result of this has been an increase in bond yields, as equities have dropped. And with the Federal Reserve embarking on a new round of interest rate hikes, that… Source link

(Bloomberg) — Blackstone Inc. agreed to buy PS Business Parks Inc. for about $7.6 billion, expanding its bets on real estate across the U.S. Most Read from Bloomberg Affiliates of Blackstone Real Estate will buy Glendale, California-based PSB for $187.50 a share in cash, according to a statement Monday. The price is roughly a 12% premium to PSB’s closing price on Friday. Under the deal, Blackstone agreed to take over approximately 27 million square feet of industrial and office properties,… Source link

The legendary chart that still governs the NFL draft was an inexact estimate of a 1980s market. Its creator, the Dallas Cowboys, never intended to guide hundreds of draft-day trades for decades to come, but here we are. When the 2022 bonanza begins Thursday in Las Vegas, general managers will answer phones, haggle over picks and reference this outdated rubric. Its purpose, ever since 1991, has been to quantify the relative value of draft picks. It posits, for example, that No. 1 overall is… Source link