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artsNews

Ticket resellers settle New York charges over inflated concert ticket prices

NEW YORK (Reuters) – Two companies in the ticket resale industry agreed to pay $1.55 million to settle a lawsuit by New York Attorney General Letitia James accusing them of tricking tens of thousands of people into buying tickets for concerts, shows and other live events that they never owned. New York State Attorney General […]

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sportsNews

Los Angeles emerges as NBA epicenter as Leonard joins Clips

LOS ANGELES (Reuters) – With Kawhi Leonard and Paul George agreeing to join the Clippers on Friday and the Lakers signing power forward Anthony Davis on Saturday, Los Angeles has emerged as the biggest winner in one of the wildest free agency seasons in recent memory. FILE PHOTO – Jun 13, 2019; Oakland, CA, USA; […]

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PersonalFinance

China’s Centurium Capital raises over $2 billion from GIC, Temasek, others

HONG KONG (Reuters) – China’s Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the private equity firm more firepower to cut deals involving the world’s second-largest economy. FILE PHOTO: CEO of Luckin Coffee Jenny Qian Zhiya (3rd R), non-executive chairman […]

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PersonalFinance

Chinese private equity firm Centurium raises over $2 billion in debut fund

FILE PHOTO: CEO of Luckin Coffee Jenny Qian Zhiya (3rd R), non-executive chairman of Luckin Coffee Charles Zhengyao Lu, and David Li, co-founder and CEO of Luckin’s backer Centurium Capital celebrate the first trade of the company’s stock during the IPO at the Nasdaq Market site in New York, U.S., May 17, 2019. REUTERS/Brendan McDermid/File […]

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sportsNews

Durant chooses to go his own way with move to Nets

(Reuters) – With his decision to join the Brooklyn Nets, Kevin Durant ended an era in Golden State while advancing a trend of the NBA’s elite players forging their own paths with new teams. FILE PHOTO: Jun 10, 2019; Toronto, Ontario, CAN; Golden State Warriors forward Kevin Durant (35) sits on the court after an […]

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PersonalFinance

As migrants languish in border facilities, U.S. Congress struggles to finalize emergency aid

WASHINGTON/NEW YORK (Reuters) – Congress and the White House were attempting to broker a deal over how to spend emergency aid to address the migrant surge as lawmakers, private companies and presidential candidates raised alarms about immigrants facing dangerous conditions along the U.S.-Mexico border. The Republican-controlled Senate passed by an overwhelming 84-8 vote a $4.6 […]

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artsNews

A Picasso sold during Nazi flight can stay at New York’s Met -U.S. court

NEW YORK (Reuters) – A masterpiece painted by Pablo Picasso that a German Jewish businessman was allegedly forced to sell to fund his escape from the Nazis can stay at the Metropolitan Museum of Art in New York rather than be returned to the businessman’s heirs, a federal appeals court ruled on Wednesday. FILE PHOTO: […]

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PersonalFinance

HomeStreet defeats activist Roaring Blue Lion in proxy contest

BOSTON (Reuters) – HomeStreet Inc defeated Roaring Blue Lion Capital Management’s campaign to unseat one director and install its own candidate, ending a two-year standoff between the financial services company and the activist investor, the company said on Thursday. Three of HomeStreet’s nine directors stood for re-election at Thursday’s annual meeting and each received at […]

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PersonalFinance

Father Figures: Dad’s best financial advice

NEW YORK (Reuters) – Fathers pass down many things to their kids, but not just genetic traits like eye color or hairlines. FILE PHOTO: Actor Rob Riggle attends the world premiere of “12 Strong” in Manhattan, New York City, U.S. January 16, 2018. REUTERS/Andrew Kelly/File Photo Another inheritance, perhaps the most impactful of all: Money […]

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