Archive for the ‘Business’ Category

‘We Gotta Keep Moving’: Detroit Entrepreneurs Awarded $1.2M In Funding At Quicken Loans Demo Day

Saturday, June 23rd, 2018

In Dan Gilbert’s view, there are four pillars to Detroit’s growth: blight, jobs, safety and education. That’s why the company Gilbert founded, Quicken Loans, awarded $1.2 million in funding to Detroit entrepreneurs at the company's second annual Demo

Broncos Ownership Saga: Breaking Down Beth Bowlen Wallace’s Efforts to Take Control in Denver

Friday, June 1st, 2018

Beth Bowlen Wallace, the daughter of Broncos owner Pat Bowlen, wants to take control of the team from The Pat Bowlen Trust, which was put in place by her father to determine the future controlling owner of the franchise in Denver. On Thursday, Bowlen Wallace released a statement explaining her intentions to become the controlling owner, according to The Denver Channel.

Denver Broncos deny Beth Bowlen’s ownership bid

Thursday, May 31st, 2018

The Denver Broncos dismissed Beth Bowlen's bid to become controlling owner of the NFL franchise as she is "not capable or qualified". Bowlen, the daughter of Broncos owner Pat Bowlen, wants to be in control of the team.

Pat Bowlen’s daughter seeks to take over as Broncos’ controlling owner

Thursday, May 31st, 2018

Beth Bowlen Wallace, the daughter of longtime Broncos owner Pat Bowlen, wants to take over as the team’s controlling owner. “I know the fans have been anxious and asking quite a few questions about what’s happening with the succession plan of the Denver Broncos,” Bowlen Wallace said, via Nicki Jhabvala of The Athletic. In response, the Broncos released statements from the Pat Bowlen Trust and Broncos President and CEO Joe Ellis.

Emmitt Smith says the best money advice he ever got came from Jerry Jones

Thursday, May 31st, 2018

When Emmitt Smith was drafted by the Dallas Cowboys in 1990, the 20-year-old rookie scored a signing bonus that made him a millionaire overnight. While Smith is the first to admit that he made a few " 'youthful' financial decisions ," including a $100,000 splurge at age 20 , the Hall of Famer also picked up some valuable lessons during his lucrative, 15-season career. O'Neal, who also spent six figures on a car as a 20-year-old , says if he could give his younger self one piece of money advice, it's the same thing he would tell any young person today who is coming into a windfall: emphasize saving.

Emmitt Smith says the best money advice he ever got came from Jerry Jones

Thursday, May 31st, 2018

When Emmitt Smith was drafted by the Dallas Cowboys in 1990, the 20-year-old rookie scored a signing bonus that made him a millionaire overnight. While Smith is the first to admit that he made a few " 'youthful' financial decisions ," including a $100,000 splurge at age 20 , the Hall of Famer also picked up some valuable lessons during his lucrative, 15-season career. O'Neal, who also spent six figures on a car as a 20-year-old , says if he could give his younger self one piece of money advice, it's the same thing he would tell any young person today who is coming into a windfall: emphasize saving.

Ravens lower concession prices at M&T Bank Stadium ahead of 2018 season

Friday, May 18th, 2018

Enjoying a game at M&T Bank Stadium just became a little more affordable.On Thursday, the Ravens introduced their new "Flock Friendly Fare," reducing the price of 21 of their most popular food and beverage items.  The change comes as the organization

Time may tell that David Tepper got a steal in Charlotte

Thursday, May 17th, 2018

On Monday, the Supreme Court opened the door for nationwide sports betting. Immediately, Dallas Mavericks owner Mark Cuban proclaimed that the value of each franchise in the four major sports leagues would double. Within a day, David Tepper put pen to paper on a purchase agreement that will result in payment of $2.275 billion for the Carolina Panthers.

David Tepper’s hedge fund dumped its entire Apple stake ahead of the billionaire’s expected purchase of the Carolina Panthers (AAPL)

Tuesday, May 15th, 2018

Tepper is expected to purchase the Carolina Panthers NFL team for $2.2 billion, it was reported Tuesday. Follow Apple's stock price in real-time here. David Tepper’s hedge fund, Appaloosa Management, exited its stake in Apple during the first quarter, documents filed Tuesday show.

Who Is David Tepper, the Presumed New Owner of the Carolina Panthers?

Tuesday, May 15th, 2018

The Carolina Panthers will reportedly get a new owner Tuesday, with a sale price that’s double the league records. NFL Network’s Ian Rapoport says the $2.2 billion deal should close today, transferring ownership from disgraced owner Jerry Richardson to hedge fund manager David Tepper. The sale of the #Panthers from owner Jerry Richardson to hedge fund manager David Tepper is moving along as all sides have hoped.