
NFL rumors: Aaron Rodgers sets Jets up for Super Bowl run with new contract
One big question for the Jets was Aaron Rodgers' contract for 2023 and 2024, but now he has a new contract that will help the team's Super Bowl hopes.The Green Bay Packers have to be shaking their heads in dismay after Aaron Rodgers' latest decision with the New York Jets.When...
2023-07-27 08:27

Crypto Regulatory Framework Bill Endorsed by House Financial Services Committee
Legislation championed by crypto advocates that sets clearer rules for the nascent industry was approved by a key
2023-07-27 08:25

Trump wants to see Biden impeached, and other Republicans are quick to pile on
Former President Donald Trump has made it clear he wants to see President Joe Biden impeached, and Trump's allies in Congress and rivals in the 2024 presidential race are eager to join that fight
2023-07-27 08:24

Kim Jong Un meets Russian Defence Minister Sergei Shoigu in Pyongyang: state media
Kim Jong Un met Russian Defence Minister Sergei Shoigu in Pyongyang ahead of a key Korean War anniversary, state media said Thursday, the North Korean leader's first known foreign guest...
2023-07-27 08:18

Cardinals overpower Diamondbacks with 5 home runs in 11-7 victory
Nolan Gorman hit two of St. Louis’ five home runs in the Cardinals’ 11-7 victory over the Arizona Diamondbacks on Wednesday
2023-07-27 08:16

Rookie Devon Witherspoon unsigned and absent from start of Seahawks camp
Seattle Seahawks rookie first-round pick Devon Witherspoon wasn't on the field for the start of training camp as he remains the only unsigned player from this year’s rookie class
2023-07-27 07:59

How did Dennis Quaid quit drugs? 'The Intruder' star opens up about his struggle with cocaine
'When you're done with the addiction, you need something to fill that hole, something that really works, right?' said Dennis Quaid
2023-07-27 07:58

Chicago Bears, tight end Cole Kmet agree to $50 million contract extension
The Chicago Bears and tight end Cole Kmet have agreed to a four-year, $50 million contract extension through 2027, a reward for a homegrown player coming off his best season
2023-07-27 07:54

Mattel plans to go all in on Barbie for Christmas
Mattel, riding high on the pink wave of the box office success of the "Barbie" movie, plans to go all in to deliver a Barbie kind of Christmas this year.
2023-07-27 07:54

Aaron Rodgers Just Took a Massive Pay Cut And the Packers Have to Be Furious
Aaron Rodgers took a massive pay cut to help the Jets. Something he didn't do for the Packers.
2023-07-27 07:52

MLB Trade Grades: Dodgers land Amed Rosario from Guardians
The Los Angeles Dodgers and Cleveland Guardians have agreed to a trade centered around infielder Amed Rosario.One day after trading for a familiar face in Kiké Hernandez, the Los Angeles Dodgers aren't done. Now, they have some serious help for the middle of the infield, courtesy of ...
2023-07-27 07:50

Billionaire Joe Lewis pleads not guilty to insider trading in schemes involving girlfriend and private pilots
Joe Lewis, the British billionaire and long-time majority stakeholder in Tottenham Hotspur, pleaded not guilty in New York on Wednesday to charges of insider trading. The previous day, federal officials said the investor “abused his access to corporate boardrooms” and carried out a series of “brazen” instances of financial misconduct, sharing insider information with friends, employees, and former romantic partners. He’s charged with 16 counts of securities fraud and three counts of conspiracy, Reuters reports. “That’s classic corporate corruption,” US attorney Damian Williams said in a video statement on Tuesday. “It’s cheating, and it’s against the law.” Attorneys for the billionaire said he plans to fight the charges. “The government has made an egregious error in judgment in charging Mr Lewis, an 86-year-old man of impeccable integrity and prodigious accomplishment,” David M Zornow said in an email statement to The Independent on Tuesday. “Mr Lewis has come to the US voluntarily to answer these ill-conceived charges, and we will defend him vigorously in court.” In a hearing on Wednesday before US magistrate Judge Valerie Figueredo in Manhattan following Mr Lewis’s early-morning arrest by the FBI, new details about the case against the businessman came to light. As part of a $300m bond, Mr Lewis was ordered to surrender his mega-yacht, the Aviva, as well as his private aircraft. He will now be barred from international travel as the case proceeds. Officials also accused two of his pilots, Patrick O’Connor of New York and Bryan Waugh of Virginia, of profiting off illegal tips from Mr Lewis. Both men have pleaded not guilty, and their lawyers declined requests to comment from Reuters. Prosecutors allege Mr Lewis lent the men $500,000 each in 2019, encouraging them to buy stock in an oncology company in which the billionaire had invested. Mr O’Connor allegedly texted a friend “the Boss has inside info”, a seeming reference to a tip that the billionaire allegedly passed on that the company was about to announce promising clinical results. After the company announced the news, the shares the pilots allegedly bought leapt by 16.7 per cent, and prosecutors allege one of the men labeled a payment to Mr Lewis “loan payback” and listed the company’s stock symbol. In an accompanying civil case, the Securities and Exchange Commission accused Mr Lewis, the pilots, and the billionaire’s former girlfriend Carolyn Carter of insider trading. Officials allege that in 2019, Mr Lewis told Ms Carter about a biotech company that was about to raise capital and potentially increase its share price, even though he was bound by a confidentiality agreement. She then allegedly bought $701,000 in the company, earning a $172,000 on her investment. The Independent has contacted Ms Carter for comment. “When insiders like Lewis take advantage of their access to such information, it erodes public trust and confidence in the fair and efficient operation of our markets,” SEC enforcement director Gurbir Grewal said in a statement. “That’s why we will continue to use all the tools at our disposal to hold accountable those who abuse their positions for personal benefit and the unlawful enrichment of others.” Tottenham Hotspur told The Independent, “This is a legal matter unconnected with the club and as such we have no comment.” Mr Lewis ceased to be a "person with significant control" of the Premier League club last year, following a "reorganisation of the Lewis Family Trusts,” the club said, according to Sky News. He bought a controlling stake in the Premier League club from Lord Alan Sugar in 2001 for £22m. Mr Lewis owns the Tavistock Group, which owns more than 200 assets across 13 countries, including Tottenham Hotspur and UK pub operator Mitchells & Butlers, according to Sky News. The 86-year-old is worth an estimated $6.1bn and lives in the Bahamas, according to Forbes. Read More Who is Joe Lewis? The secretive billionaire Tottenham owner charged with insider trading UK billionaire Joe Lewis, owner of Tottenham soccer team, charged with insider trading in US Football rumours: Tottenham owner tells chairman to sell Harry Kane
2023-07-27 07:46