Archive for the ‘Business’ Category

NBC Sports Philadelphia names Travis Hughes director of digital content

Friday, April 20th, 2018

Philadelphia, PA (April 20, 2018) – NBC Sports Philadelphia, the home for the most comprehensive coverage of the Philadelphia Eagles, Flyers, Phillies and Sixers has named Travis Hughes Director of Digital Content for the network. He starts his new role

Saints QB Drew Brees sues after losing $9 million to what he calls ‘a scam’

Wednesday, April 11th, 2018

New Orleans Saints quarterback Drew Brees and his wife Brittany claim they were scammed out of $9 million over a six year period by a San Diego jeweler, reports CBS sports . The couple say they made the claim after they had their jewelry collection appraised and were told its value was $9 million less than the $15 million that Vahid Moradi of CJ Charles Jewelers sold it to them for, according to a lawsuit they declared last week originally pulled by The Times-Picayune . "In an effort to diversify our investment portfolio, we trusted Moradi and invested.

Report: David Tapper remains in running to buy Panthers

Monday, April 9th, 2018

Billionaire hedge fund manager David Tapper disputes a New York Times story that he has withdrawn from the bidding process for the Panthers. Tapper, a minority owner of the Steelers, told the Charlotte Observer he remains a candidate to buy the team.

The Panthers Should Have a New Owner By May. Who It Will Be Remains Unclear

Tuesday, March 27th, 2018

Part of the goal of this week’s NFL annual meeting has been to put some of the ugliness of the last few years in the rear-view mirror. According to multiple sources with direct knowledge of the situation, the league expects in April to have a buyer selected for the Carolina Panthers, who are up for sale now in the wake of misconduct allegations involving owner Jerry Richardson. Richardson didn’t make the trip to Florida, but the sale of his team, hastened by an SI story detailing a toxic workplace environment, has been a topic of discussion in hallways and on barstools at the meetings.

Michael Rubin’s group, which may include Steph Curry, Diddy, out as Panthers bidding hits $2.5 billion

Wednesday, March 21st, 2018

Bidding for the Carolina Panthers has reportedly hit $2.5 billion. It looks like Steph Curry and Sean “Diddy” Combs won’t be buying the Carolina Panthers after all. The price for the NFL team has reportedly reached $2.5 billion — which would set a record for a United States professional sports franchise.

Rubin group that could include Curry now out on Panthers

Wednesday, March 21st, 2018

CHARLOTTE, N.C. -- Bidding for the Carolina Panthers has reached a record $2.5 billion, according to Bloomberg. That would set a record for the sale of a professional sports franchise in the United States. The Los Angeles Dodgers sold for $2 billion in 2012. Sources close to the process could not confirm to ESPN.com that the $2.5 billion is accurate, however. At least one candidate to purchase the team owned by Jerry Richardson currently is not willing to go that high, a source told ESPN.com. Fanatics owner Michael Rubin is willing to go higher than his initial bid and remains interested at what he considers the right price, according to the source who spoke on the condition of anonymity because

Why Packers made the right call on Jordy Nelson

Tuesday, March 20th, 2018

Brian Jones of Green Bay Packers on 247Sports explains why Packers made the right decision by releasing Jordy Nelson.

Life after Olympics: Apolo Ohno seeks to launch $50M blockchain platform

Thursday, March 8th, 2018

Eight-time Winter Olympics athlete Apolo Ohno said matching the passion he had for short-track speed skating after retiring in 2013 was a struggle until he got involved in blockchain technology. “This sphere is really interesting to me because of the strength it has to really transform the economy,” Ohno told FOX Business.Ohno is one of several athletes including Seattle Seahawks cornerback Richard Sherman to embrace digital currencies. A two-time gold medalist, Ohno teamed up with other founders to create an all-in-one cryptocurrency trading ecosystem called HybridBlock and are working on raising $50 million in an initial coin offering (ICO) to help get it off the ground.

NFL Star Richard Sherman Says This Is the Biggest Problem With Cryptocurrency Right Now

Thursday, March 1st, 2018

NFL star Richard Sherman has been in the cryptocurrency game for years—and he has some advice for all the newcomers. “Knowing when to sell, knowing when to sit, knowing when to huddle,” the Seattle Seahawks cornerback tells MONEY, describing his crypto philosophy. Sherman first embraced cryptocurrency back in 2014, when he began accepting Bitcoin payments for merchandise on his official website.

‘Bro Culture’: Former Google Employee Fired for Poor Performance Launches Sexual Harassment Suit

Thursday, March 1st, 2018

Tech giant Google has been accused of fostering a “bro culture” that saw female employees suffer sexual harassment on a daily basis in a new lawsuit by a filed by a former software engineer. Loretta Lee, who spent seven years at Google before she as fired in 2016, accused the Californian company of sexual harassment, gender discrimination, and wrongful termination in a suit earlier this month. It comes just six months after Google’s last major sexism scandal, which was sparked by the leak of a 10-page memo spread within the company, rallying against its diversity policies.