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Union Pacific railroad to renew push for 1-person crews by testing conductors in trucks
Union Pacific railroad to renew push for 1-person crews by testing conductors in trucks
Union Pacific will renew its push for one-person train crews later this summer when the railroad tests out the idea of having a conductor in a truck respond to problems on trains in Nebraska and Colorado
2023-07-18 06:23
9th Circuit denies bid by environmentalists and tribes to block Nevada lithium mine
9th Circuit denies bid by environmentalists and tribes to block Nevada lithium mine
The 9th U.S. Circuit Court of Appeals has denied the latest bid by conservationists and tribal leaders to block construction of a huge lithium mine already in the works along the Nevada-Oregon line
2023-07-18 06:20
Leeds announce EFL approval of the club’s takeover by 49ers Enterprises
Leeds announce EFL approval of the club’s takeover by 49ers Enterprises
Leeds have announced the EFL has approved the club’s takeover by American investment group 49ers Enterprises. Chairman and majority shareholder Andrea Radrizzani agreed to sell his controlling stake last month and the deal, which valued the club at around £170million, has now been confirmed. 49ers Enterprises, which owns NFL franchise the San Francisco 49ers, has steadily increased its stake in Leeds since becoming a minority shareholder in 2018, while the deal includes full ownership of Elland Road. Paraag Marathe, previously vice-chairman, will take over as chairman, chief executive Angus Kinnear will remain in his current position and Rudy Cline-Thomas, founder and managing partner of venture capital firm MASTRY, will join the board as co-owner and vice-chairman. Former Norwich boss Daniel Farke was appointed manager on a four-year deal earlier this month ahead of the coming season’s bid to secure an immediate return to the Premier League following relegation in May. Marathe said in a Leeds statement: “This is an important moment for Leeds United and we are already hard at work. “This transition is a necessary reset to chart a new course for the club. We have already appointed a highly-respected first-team manager with a track record of success, and we are confident Leeds will field a competitive squad to contend for promotion next season. “It’s a privilege to carry this torch as I know we have a responsibility to ensure this club makes our staff, players, supporters and the Leeds and Yorkshire communities proud.” This is an important moment for Leeds United and we are already hard at work. New Leeds chairman Paraag Marathe Cline-Thomas said: “With my family hailing from Leeds, it’s an honour to be able to uplift this incredible community. “This is more than just an opportunity, it’s a personal mission. The chance to reinvigorate the cherished Leeds culture, to create a platform that attracts the world’s finest players, and build a truly global brand that celebrates diversity, is a prospect that thrills me.” 49ers Enterprises increased its stake in Leeds to 44 per cent in 2021 with the option of buying Radrizzani’s remaining 56 per cent before January 2024. The Americans had been keen to push through a full takeover this summer, but that agreement, which had valued Leeds at around £400million, was contingent on the club remaining in the Premier League. Leeds’ relegation forced both parties back into intense negotiations and a valuation of close to £170m was agreed. The deal marks the end of a six-year ownership of Leeds for Radrizzani, who said: “It has been an honour to guide Leeds United…and to spend so much time with the best fan base in the world. “49ers Enterprises have been fantastic partners for years and I’m confident they will take Leeds to the next level.” Radrizzani completed a full takeover from fellow Italian Massimo Cellino in 2017 and was initially hugely popular. He bought back Elland Road stadium, which had been in private ownership since 2004, and brought in fresh investment when 49ers Enterprises purchased its first 10 per cent stake in 2018. The appointment of Marcelo Bielsa soon after proved a masterstroke as Leeds won promotion back to the Premier League for the first time in 16 years. But Radrizzani’s relationship with the Leeds fan base began to sour when Bielsa was sacked in February 2022. Leeds escaped relegation on the final day of the 2021-22 season and Radrizzani promised that the club would not be involved in another survival fight. But results this past season failed to improve under three different managers. Jesse Marsch and Javi Gracia were both sacked, while Sam Allardyce left after his four-game rescue mission ended in failure. 49ers Enterprises have been fantastic partners for years and I'm confident they will take Leeds to the next level. Andrea Radrizzani When relegation was confirmed with a final-day defeat to Tottenham, Radrizzani was absent from Elland Road, opting instead to remain in Italy to finalise his takeover of Sampdoria. He later admitted Leeds’ board had made mistakes and apologised for the club’s relegation in a personal statement posted on social media. But after it emerged he had offered to use Elland Road as collateral when securing a £26m bank loan to buy Sampdoria – one of his companies and not Leeds owned the stadium – his legacy was further tainted. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Hannah Dingley’s interim spell to end as David Horseman named Forest Green boss Mikel Arteta believes ‘lighthouse’ Declan Rice can take Arsenal to next level Marcus Rashford set to sign new five-year deal at Manchester United
2023-07-18 06:17
Aera Energy Appoints Randy Hoyle as New Chief Carbon Solutions Officer
Aera Energy Appoints Randy Hoyle as New Chief Carbon Solutions Officer
BAKERSFIELD, Calif.--(BUSINESS WIRE)--Jul 17, 2023--
2023-07-18 06:16
Ralph Lauren Will Keep Raising Prices to Boost Brand Prestige
Ralph Lauren Will Keep Raising Prices to Boost Brand Prestige
Ralph Lauren Corp. plans to keep lifting the average price of its products, a sign the US apparel
2023-07-18 05:57
Geisinger Behavioral Health Center Northeast Celebrates Grand Opening in Moosic
Geisinger Behavioral Health Center Northeast Celebrates Grand Opening in Moosic
MOOSIC, Pa.--(BUSINESS WIRE)--Jul 17, 2023--
2023-07-18 05:56
DeSantis Group Attacks Trump Directly for the First Time in Iowa Ad
DeSantis Group Attacks Trump Directly for the First Time in Iowa Ad
A super PAC supporting Florida Governor Ron DeSantis is going on the offensive against Donald Trump, launching a
2023-07-18 05:54
36 Nordstrom Anniversary Sale Deals We’re Actually Shopping
36 Nordstrom Anniversary Sale Deals We’re Actually Shopping
The Nordstrom Anniversary Sale just released all of its epic deals — everything from designer duds to home decor — to the public. So if you subscribe to the Nordstrom-credit-card lifestyle, it's your time to shine. From now through August 6, the beloved retailer is featuring limited-time deals across fashion, beauty, and home on Nordstrom's site — and we've already dug deep into the worthiest ones worth adding to our digital carts.
2023-07-18 05:53
Marketmind: Global market outlook bright but China's clouds darken
Marketmind: Global market outlook bright but China's clouds darken
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-07-18 05:46
5 people killed and 5 injured in Poland when a small plane crashes into a hangar during bad weather
5 people killed and 5 injured in Poland when a small plane crashes into a hangar during bad weather
Rescuers in Poland are saying that five people were killed and another five were injured when a Cessna 208 plane crashed into a hangar at a sky diving center in bad weather conditions in central Poland
2023-07-18 05:27
BlackRock names Aramco boss to board
BlackRock names Aramco boss to board
By Natalie Grover LONDON The world's top asset manager BlackRock has named Amin Nasser, the chief of the
2023-07-18 05:26
US sues 'consent farm' operator for 'massive' telemarketing deception
US sues 'consent farm' operator for 'massive' telemarketing deception
By Jonathan Stempel The U.S. government on Monday sued a New York-based company for allegedly operating a so-called
2023-07-18 05:21
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