Michael Jordan's sale of majority ownership of Hornets to Gabe Plotkin and Rick Schnall is finalized
Read full article: Michael Jordan's sale of majority ownership of Hornets to Gabe Plotkin and Rick Schnall is finalizedThe Charlotte Hornets say the sale of the majority stake in the franchise from six-time NBA champion Michael Jordan to Gabe Plotkin and Rick Schnall has been finalized.
Michael Jordan selling majority ownership stake in Charlotte Hornets
Read full article: Michael Jordan selling majority ownership stake in Charlotte HornetsMichael Jordan is finalizing a deal to sell the majority share of the Charlotte Hornets, a move that will end his 13-year run overseeing the organization, the team announced Friday.
NBA, players still talking about new deal as deadline looms
Read full article: NBA, players still talking about new deal as deadline loomsNBA Commissioner Adam Silver says he's hopeful that a new collective bargaining agreement between the league and its players can get done by the end of this week, though he stopped short of predicting that a deal would actually get struck.
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Fight The Man: What GameStop's surge says about online mobs
Read full article: Fight The Man: What GameStop's surge says about online mobsMelvin Capital is also exiting GameStop, with manager Gabe Plotkin telling CNBC that the hedge fund was taking a significant loss. Last week they gave us the Great GameStop Stock Uprising. Online spaces are being used to radicalize people toward extremism, to plan hate crimes and attacks," she said. Itโs the same thing as when Jim Cramer gets on CNBC smashing buttons.โAdIn 2017, the hashtag โMeToo" began going viral as women โ and some men โ shared their experiences of sexual assault on social media. Social media also helped Black Lives Matter activists organize rallies, record police violence and communicate during the marches sweeping the U.S. and other countries following the death of George Floyd last summer.
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In duel with small investors over GameStop, big funds blink
Read full article: In duel with small investors over GameStop, big funds blinkOn Wall Street, though, it's become a battleground where swarms of smaller investors see themselves making an epic stand against the 1%. Big bets they made that GameStop's stock would fall went wrong, leaving them facing billions of dollars in collective losses. All the wild action pushed GameStop's stock as high as $380 on Wednesday, up from $18 just a few weeks ago. Two investment firms that had placed bets for money-losing GameStop's stock to fall have essentially thrown in the towel. But Andrew Left, who runs Citron, said that does not change his view that GameStop's stock will eventually go down.
