Spirit Aero to continue contract talks with union as strike looms
Spirit AeroSystems Inc said it will meet with the U.S. machinists union on Saturday to continue negotiations for
2023-06-24 01:50
Sub Disaster Puts Spotlight on Another Extreme Venture: Space Tourism
Commercial space travel shares plenty of similarities with deep sea tourism: wealthy customers, tight spaces, far-flung destinations and
2023-06-24 00:50
NFL owners plan to meet July 20 and potentially vote to approve the Commanders sale, AP source says
A person with knowledge of the situation tells The Associated Press that NFL owners are set to meet July 20 to consider and potentially vote to approve the sale of the Washington Commanders
2023-06-23 23:51
Zambian President Hichilema's $6bn debt deal hailed as 'historic'
The country, which defaulted in 2020, has been engaged in protracted talks over its repayments.
2023-06-23 22:25
Ontario Fund Near Deal to Invest in Toronto’s NBA, NHL Teams
Ontario Municipal Employees Retirement System is nearing a deal to buy 20% of a holding company that owns
2023-06-23 19:51
Pinstripes Restaurant Chain Reaches Deal to Go Public Via SPAC
Pinstripes Inc., the restaurant chain that combines bowling and bocce with Italian fare, is going public in a
2023-06-23 19:25
Bill Kenwright to stay on as Everton chairman despite supporter protests
Bill Kenwright will stay on in his role as Everton chairman, the Premier League club have announced. Following the departures of chief executive Denise Barrett-Baxendale, chief finance officer Grant Ingles and non-executive director and former striker Graeme Sharp last week, the future of long-serving chairman Kenwright had appeared in doubt. However, Everton owner Farhad Moshiri revealed on Friday morning that Kenwright had accepted his request to remain at the club and help them through a period of transition. The recent board changes came in the wake of numerous supporter protests, with Kenwright, who has spent 19 years in his current role and is understood to have been planning to step down, the main target for fans’ anger. “I wanted Bill to remain as our chairman during this important period of transition for the club and I am delighted that he has accepted my request to do so,” Moshiri said in a statement on the Everton website. “Bill’s knowledge and vast experience will be crucial for us as we look to reset, deliver on external investment and position Everton for a successful future.” Everton also announced the appointment of Colin Chong as interim chief executive and director, while James Maryniak becomes interim chief finance officer. Chong is currently the chief stadium development officer and has been focusing on the move to Bramley-Moore Dock, with Maryniak the club’s director of finance. “In Colin and James, we have two experienced senior club professionals who have agreed to take on enhanced roles on an interim basis, and who we know can and will deliver immediately,” Moshiri said. As part of the changes, majority shareholder Moshiri will also join the board as a non-executive director alongside John Spellman, an experienced chartered accountant and Everton supporter. American investors MSP Capital are close to agreeing a deal to buy a stake in the club, possibly up to 25 per cent. Everton are also facing a Premier League charge for breaching profit and sustainability rules, having made cumulative losses of more than £430million over the last four seasons. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Ireland international Jean Kleyn cleared to represent South Africa Aston Villa captain John McGinn signs new long-term deal England bowler James Anderson admits struggles on ‘kryptonite’ Edgbaston pitch
2023-06-23 17:53
Saudi and Singapore Wealth Funds Join $930 Million Pre-IPO Bet on Anime Giant
Kakao Entertainment Corp. has won $930 million from the sovereign wealth funds of Saudi Arabia and Singapore, securing
2023-06-23 17:27
America Is Divided Over Everything But Chicken: Big Take Podcast
Listen to The Big Take podcast on iHeart, Apple Podcasts, Spotify, Terminal. Americans love beef. But more recently,
2023-06-23 17:21
Qatar’s Wealth Fund to Buy Stake in NBA’s Washington Wizards
In a first for US sports, Qatar’s sovereign wealth fund has struck a deal to buy a stake
2023-06-23 14:18
Singapore Inflation Moderates Further in May as Key Gauge Eases
Singapore’s core inflation rate cooled in May to the lowest in 11 months, helped by a deceleration in
2023-06-23 13:23
Larry Ellison Scores $482 Million Gain by Cashing in Expiring Options
Larry Ellison, the world’s fourth-richest person, exercised expiring options and sold $640 million of Oracle Corp. shares this
2023-06-23 11:21