Alex Rodriguez invests in MMA company PFL at $500 million valuation

Alex Rodriguez invests in MMA company PFL at 0 million valuation

Alex Rodriguez at eMerge Americas conference in Miami on June 13, 2017. David A. Grogan | CNBC Alex Rodriguez is betting on the growth of mixed martial arts. The former MLB star is now a partial owner of the Professional Fighters League after he contributed to a $30 million funding round, the company said Thursday. … Read more

Federal election 2022: Anthony Albanese releases Labor’s costings two days before polling day

Federal election 2022: Anthony Albanese releases Labor’s costings two days before polling day

Labor will spend $7.4 billion on its election commitments over the forward estimates according to costings documents released today. Shadow treasurer Jim Chalmers and shadow finance minister Katy Gallagher today released the costings two days out from polling day, while Labor leader Anthony Albanese travelled to Brisbane. The fiscal document shows Labor will actually spend … Read more

Israeli military IDs gun that may have killed journalist

Israeli military IDs gun that may have killed journalist

The Israeli military says it has identified a soldier’s rifle that may have killed Al Jazeera journalist Shireen Abu Akleh By JOSEF FEDERMAN Associated Press 19 May 2022, 13:16 • 3 min read Share to FacebookShare to TwitterEmail this article JERUSALEM — The Israeli military has identified a soldier’s rifle that may have killed Al … Read more

Germany’s Schroeder loses office amid anger over Russia ties

Germany’s Schroeder loses office amid anger over Russia ties

German lawmakers have agreed to strip former Chancellor Gerhard Schroeder of his office and staff after he maintained and defended his long-standing ties with Russia and its energy sector despite the invasion of Ukraine ByThe Associated Press 19 May 2022, 14:39 • 2 min read Share to FacebookShare to TwitterEmail this article BERLIN — German … Read more

Melvin Capital’s liquidation may have been the mystery catalyst behind Wednesday’s plunge in stocks

Melvin Capital’s liquidation may have been the mystery catalyst behind Wednesday’s plunge in stocks

It wasn’t just Target’s off-target results that blasted U.S. stocks on Wednesday, when the stock market as tracked by the S&P 500 had its worst day in nearly two years. The liquidation of Melvin Capital also played a major role, says Tom Hayes, chairman and managing member of Great Hill Capital. The $7.8 billion fund … Read more