‘The Rock’ buys part of bankrupt XFL pro football league

Dwayne “The Rock” Johnson will buy the assets of the bankrupt professional football league XFL as part of a group bid with his business partner Dany Garcia and Gerry Cardinale’s RedBird Capital Partners.

The group is paying $15 million for substantially all of the assets of Alpha Entertainment LLC, the parent company of the XFL, according to a statement Monday.

Johnson and Garcia were looking at buying the XFL at the same time as Cardinale, with the two groups then deciding to join together to complete the purchase, Garcia said in an interview Monday morning. Garcia and Johnson were previously married.

“We were simultaneously all examining the property deeply,” said Garcia, who was a big fan of the XFL in its 2020 season and called Johnson when she saw the opportunity to buy it. “We were two groups who could see the magic of this league.”

Cardinale is a former … Read the rest

Read More

The Economic system And Government, Wealth, And Unemployment

A contract is a giant job requiring appreciable size of time to complete and comprising actions to be done outside the factory promises, viz. Inventories are the result of cost of goods sold, that are additionally listed in your revenue and loss statement, eg bread on the market at a bakery. Gross sales just isn’t from Mars and Advertising isn’t from Venus. New nonprofit leaders and managers have to develop not less than fundamental skills in financial management. Anticipating others within the group to handle finances is clearly asking for hassle. Primary abilities in financial administration begin within the crucial areas of cash administration and bookkeeping, which needs to be carried out according to certain financial controls to make sure integrity in the bookkeeping course of. New leaders and managers ought to soon go on to learn how to generate financial statements (from bookkeeping journals) and analyze those statements to … Read the rest

Read More

Indian basmati rice and tea exporters to Iran facing uncertainty

Indian basmati rice exporters said they are not entering into new contract with Iranian importers so as to avoid any payment-related problems. Meanwhile, tea traders said export to Iran may stop within a month if the payment issue is not resolved. This would impact the trade in orthodox teas as Iran is India’s biggest buyer in this category.

Source link Read the rest

Read More

Meet Candace Valenzuela, who could become the first Afro-Latina in Congress

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today.

Last month, Candace Valenzuela won her Democratic primary runoff for Texas’s 24th district. And the potential impact of that victory goes beyond her Dallas-Forth Worth area constituents: If she wins the general election in November, Valenzuela will become the first Afro-Latina in Congress.

It’s a milestone that could be achieved twice over this year. Ritchie Torres, the Democratic candidate from New York’s 15th district, who’s all but certain to head to Congress in the fall, would be the first Afro-Latino to serve in the institution upon his swearing in.

Torres brought attention the significance of his likely election with an op-ed that exposed some outdated rules within Congress. Torres wrote that, based on current restrictions, he would not be allowed to join both the Congressional Black Caucus … Read the rest

Read More