Tag Archives: Allegations

Vince McMahon voluntarily stepped down as Chairman and CEO of WWE on Friday morning amid allegations of misconduct and an ongoing investigation by the company, the WWE announced in a statement. “I have pledged my complete cooperation to the investigation by the Special Committee, and I will do everything possible to support the investigation,” McMahon said in the statement. “I have also pledged to accept the findings and outcome of the investigation, whatever they are.” Stephanie McMahon was… Source link

Elon Musk and Gwynne Shotwell.Angela Weiss, Amanda Edwards via Getty Images SpaceX President and COO Gwynne Shotwell defended Elon Musk following sexual misconduct claims. The top female executive said she didn’t believe the allegations against Musk, which Insider first reported. In a companywide email obtained by CNBC, Shotwell said she would “never” comment on legal matters. SpaceX President and COO Gwynne Shotwell defended founder Elon Musk in an employee email last week following Insider’s… Source link

Will Wade is officially out as LSU head coach, almost three years to the day after it emerged that he had been caught on an FBI wiretap discussing illegal payments to a recruit. LSU announced in a statement Saturday that Wade had been terminated for cause, the cause being the NCAA’s recent notice of allegations regarding an infractions case dating back to 2017, the year Wade was hired as LSU head coach. LSU associate head coach Bill Armstrong has also been fired. Assistant coach Kevin… Source link

Late Sunday night, as the NFL’s annual scouting combine was being packed onto moving trucks in Indianapolis, a longtime team executive was reflecting on the league’s evolution over the last 20 years. As the conversation turned to the NFL’s drive to monetize seemingly every proton and neutron, the executive made a declaration about his many years inside the laboratory. “Nothing will be like the 180-degree turn on gambling,” he said. “Nothing. There was a time it was taboo to even… Source link

The US Securities and Exchange Commission has responded to Elon Musk’s . In a letter it filed on Friday with a New York federal judge, the SEC said its frequent check-ins with Tesla were consistent with expectations from the court overseeing the company’s 2018 settlement. At the time, Tesla had agreed its lawyers would preclear some of Musk’s tweets after one of his messages drew the attention of the SEC. The specific saw Musk say that he had “funding secured” to take Tesla private… Source link

Google is the most powerful adtech company on the planet, and its financial results reflect that. Google parent company Alphabet massively outperformed in the last quarter, boosting revenue 32% to $75 billion and seeing a nice bump in its share price, in sharp contrast to its biggest competitor Facebook. Facebook missed earnings and was on the receiving end of an epic punishment by the stock market to the tune of $230 billion in shareholder value. But is Google competing fairly? Not… Source link

Content warning: This story contains instances of alleged sexual misconduct. Former Washington Commanders employees detailed multiple new accusations of misconduct within the organization Thursday. Multiple former employees spoke about new allegations of misconduct during an episode of HBO’s “Real Sports” podcast. The podcast episode was released the same day Congress held a roundtable with former members of the team to discuss misconduct within the organization. Allegations discussed on the… Source link

After more than 24 hours to think about it, Miami Dolphins owner Stephen Ross issued a fiery response to the claims made against him by ex-coach Brian Flores. Ross released a statement just before midnight local time on Wednesday calling Flores’ allegations in a class-action lawsuit “malicious” and “defamatory” while vowing to defend himself.  “With regards to the allegations being made by Brian Flores, I am a man of honor and integrity and cannot let them stand without responding,” Ross… Source link

The Portland Trail Blazers fired president of basketball operations and general manager Neil Olshey after an investigation into allegations that he created a toxic workplace, the organization announced Friday. A few members of the organization were informed of the decision Thursday night after a 31-point trouncing by the San Antonio Spurs, sources told Yahoo Sports. Joe Cronin was elevated to interim GM, and the Trail Blazers will conduct a search for a permanent replacement, the team said. Two… Source link

UPDATED: Shares of Penn National Gaming fell more than 20% Thursday, after the publication of an article in which several women alleged that they had “violent and humiliating” sexual encounters with Dave Portnoy, president of Barstool Sports. Penn National, which operates casinos, racetracks and online sports betting, owns a significant equity stake in Barstool. The drop in Penn National’s stock price also came after the company missed Q3 earnings expectations. Revenue climbed 34%, to… Source link