| May 30, 2014
| 9:40 PM
Minutes before the NBA announced a settlement with Shelly Sterling on Friday afternoon to sell the Clippers, co-owner Donald Sterling provided another twist in the monthlong drama surrounding the franchise.
Sterling filed an antitrust lawsuit against...
| Apr 28, 2014
| 11:18 AM
Here’s a look at the possible sanctions the NBA could impose on Donald Sterling in the wake of racist remarks allegedly made by the Clippers owner:
1. A fine. It’s safe to assume Sterling will be opening his checkbook as part of any...
| Apr 29, 2014
| 5:00 AM
Cable companies Comcast Corp. and Charter Communications have agreed to a complex $19.5-billion deal to divvy up subscribers — including parts of Los Angeles, Riverside and Ventura counties.
Comcast is already attempting to take over Time Warner...
| Apr 29, 2014
| 8:12 PM
Cari Grieb, a professor of sports law at the John Marshall Law School in Chicago, said Clippers owner Donald Sterling has no recourse to fight the lifetime ban issued by the NBA on Tuesday because of language that exists in his franchise agreement with...
| Apr 30, 2014
| 7:25 PM
If NBA owners ultimately vote to oust Donald Sterling and the embattled Clippers boss decides to fight back, the resulting litigation could drag on for years and set a precedent for American professional sports, legal experts said Wednesday.
| Apr 9, 2014
| 2:30 PM
Senators grilled Comcast and Time Warner Cable executives on an array of competitive concerns over their proposed merger at a Capitol Hill hearing on Wednesday, but one of the most frequently asked questions was very simple: Will consumers see higher...
| Mar 27, 2014
| 8:30 PM
Comcast exec VP David L. Cohen defended Comcast's proposed merger with Time Warner Cable, saying that it is "a lot less scary, a lot less large and a lot less complicated than some people would like to make it."
"When you think about it, in the video...
| Mar 31, 2014
Imagine famous football coaches and professional athletes taking a 50% salary cut. University of Alabama football coach Nick Saban's annual salary would be a mere $3.5 million or so. Angels baseball star Albert Pujols would earn just $8 million a year....
| Mar 6, 2014
| 3:12 PM
The days of the conventional supermarket are numbered.
Safeway Inc.'s announcement Thursday that private equity firm Cerberus Capital Management would acquire the company in a deal valued at about $9.4 billion is the latest sign from the troubled grocery...
| Mar 11, 2014
| 7:06 PM
Jos. A. Bank Clothiers finally liked the look of Men's Wearhouse's takeover offer as the Hampstead-based retailer accepted a $1.8 billion buyout Tuesday.
The deal would pay Bank's stockholders $65 a share cash, $10 more than Men's Wearhouse initially...
| Mar 11, 2014
| 6:06 PM
The U.S. Department of Justice has identified and begun targeting a broad conspiracy to fix prices on automobile shipments in and out of Baltimore and other U.S. ports, with a Chilean company recently pleading guilty to violating federal antitrust laws in...