Knight’s involvement could suggest that there are no plans to relocate the Blazers from Portland, Ore., as has occasionally been suggested over the years. At a news conference before Game 1 of the N.B.A. finals between Golden State and the Boston Celtics on Thursday, N.B.A. Commissioner Adam Silver said “at some point, the team will […]
As officials from the group of oil-producing nations known as OPEC Plus meet on Thursday, Saudi Arabia may seek a larger increase in production for July than the 430,000 barrels a day agreed in recent months. Energy Aspects, a research firm, said in a note to clients that the Saudi proposal could be to double […]
They also uncovered an obscure clause in the law governing the loans: If borrowers were significantly misled by their school, they could ask the government to forgive their loans. Just as a bank appraises a house before it issues a mortgage, the Education Department is supposed to ensure that the programs it lets taxpayer-backed loans […]
The former headquarters of Forbes magazine in New York. Forbes is known for its rankings of wealthy businesspeople.Credit…James Leynse/Corbis, via Getty Images Forbes, the wealth-obsessed business publication, has decided to call off a deal to go public through a special-purpose acquisition company, also known as a SPAC, amid cooling investor appetite for the once-popular financial […]
Sarah Palin lost her bid for a new trial in her libel case against The New York Times on Tuesday, with a judge ruling that she had failed to introduce “even a speck” of evidence necessary to prove the newspaper had defamed her in a 2017 editorial. The written decision by U.S. District Judge Jed […]
Stores in Ronda, a town in southern Spain. Annual inflation in the country has reached 8.5 percent.Credit…Jon Nazca/Reuters Inflation in the euro area in May hit its highest annual level since the creation of the euro currency in 1999, Europe’s statistics agency reported on Tuesday, as a record run-up in energy and food prices stoked […]
The European Union’s embargo on Russian oil will bite into the country’s export of crude — a cornerstone of the nation’s economy — but it may not do much damage until the restrictions actually kick in. For now, analysts say, Russian oil production is proving resilient as European buyers and others snap up the opportunity […]
Michelle Fishman calls it the “worst-case scenario that you don’t really think through.” After a three-week vacation in Greece, the 52-year-old hotel art consultant from Miami and her husband took pre-departure coronavirus tests required to fly home from overseas. She tested positive, he did not. Although coronavirus travel restrictions have eased across many parts of […]
CHICAGO — As drag brunch came to a close at a Mexican restaurant here last Sunday, the performers conga-lined their way through the crowd of about 40 party people who were just this side of tipsy on Brunch Punch. But this was no standard drag brunch; it was a Taco Bell Drag Brunch. And that […]
In January, the board of Paramount, including Shari Redstone, the company’s chair, met with a group of bankers to get an update on the media industry and to hear about potential deals that might help the company better compete with streaming giants like Netflix and Disney. The bankers, from Goldman Sachs and LionTree, came with […]
