American businessman, philanthropist and chief executive of Guggenheim Partners; owner and investor in sports franchises
Slate Auto has unveiled a bare‑bones two‑seat electric pickup with a $24,950 base price and a two‑row SUV conversion starting at $29,950. The company has raised the base EPA range estimate to about 205 miles, is taking preorders with a $300 deposit, and plans production to begin in late 2026 with direct online sales.
Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter in a transaction valuing the franchise at about $12.5 billion. The sale has been announced this week, requires approval from the NBA Board of Governors and is subject to due diligence and Kushners divestment of a Miami Heat stake.
AP and other outlets report that the PWHL’s replica Walter Cup has gone missing in transit en route to Lethbridge, Alberta, delaying a public event with Victoire forward Dara Greig. The original trophy remains at the Hockey Hall of Fame in Toronto.
France has signed a €6 billion agreement with Qiddiya, a Saudi Public Investment Fund unit, to build three theme parks near Cergy-Pontoise, including a manga-themed park based on Dragon Ball Z; the project has been announced during Crown Prince Mohammed bin Salman’s state visit and is expected to create about 22,000 jobs over several years.
TWG Global faces federal investigations into affiliated-party loans across its insurers, prompting questions about liquidity and potential impacts on its sports assets, including the Dodgers and Lakers. The company denies fraud and reiterates that its major franchises are not for sale, as regulators review financing and related transactions.
The Buss siblings are contesting the sale of the Lakers while Joey and Jesse Buss have secured a minority stake in the San Diego Padres. Jeanie Buss argues the sale is void, citing fiduciary concerns. The ownership shift unfolds as the Padres deal brackets a broader family-dynasty moment in Southern California sports.
Buss siblings vote to sell Lakers stake; Jeanie Buss seeks court order to block the sale and preserve her governance role. The dispute centers on a 17.8% family stake valued at about $12.5 billion, with legal fights looming over fiduciary duties and 2017 court orders.