Spanish phone giant Telefónica to pay $85M to resolve US probe of Venezuelan bribery scheme

Spanish phone giant Telefónica to pay M to resolve US probe of Venezuelan bribery scheme

WASHINGTON — Spain’s largest telecommunications operator will pay more than $85 million to resolve a U.S. Justice Department investigation into a scheme to bribe Venezuelan officials with a lavish Caribbean vacation and expensive watches. The agreement with Telefónica S.A. announced Friday is the second time that the telco giant has faced bribery accusations in the … Read more

How Barclays sees the restaurant space in 2024

How Barclays sees the restaurant space in 2024

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jeffrey Bernstein, senior restaurant analyst at Barclays, joins CNBC’s ‘The Exchange’ to discuss why restaurants are set up well going into next year, his top restaurant stocks for 2025, and more. Source link

MLB, Braves object to Diamond Sports reorganization plan

MLB, Braves object to Diamond Sports reorganization plan

A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022. Ronald Martinez | Getty Images Major League Baseball and the Atlanta Braves have raised issues with the reorganization plan and future viability of Diamond Sports Group, the country’s largest owner of regional sports networks, according to a Friday bankruptcy court filing. … Read more

Florida basketball coach Todd Golden faces Title IX investigation for sexual harassment: report

Florida basketball coach Todd Golden faces Title IX investigation for sexual harassment: report

GAINESVILLE, Fla. – Florida basketball coach Todd Golden is facing allegations of sexual harassment, sexual exploitation, stalking and cyberstalking multiple women — including students — over the past 12 months, according to a report published Friday in the school’s student newspaper. According to the Independent Florida Alligator, the claims against Golden include unwanted sexual advances … Read more

Market will continue to price in business-friendly aspects of Trump administration, says Ron Insana

Market will continue to price in business-friendly aspects of Trump administration, says Ron Insana

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Luschini, Janney Montgomery Scott chief investment strategist, and Ron Isana, iFi AI CEO, join CNBC’s ‘Power Lunch’ to discuss expectations for how a Trump administration may impact markets, whether markets will react any differently than they did in 2016, and more. … Read more

NASCAR defends drivers in Cup Series title race, officiating and playoffs as final weekend arrives

NASCAR defends drivers in Cup Series title race, officiating and playoffs as final weekend arrives

AVONDALE, Ariz. – NASCAR President Steve Phelps defended the four drivers racing for the Cup Series championship this weekend — even though others had better statistics than the finalists — as well as the playoff system itself in Friday’s annual State of the Sport address. Reigning champion Ryan Blaney, Team Penske teammate Joey Logano, Daytona … Read more