Story | Dec 12, 2013 | 7:43 AM
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Story | Nov 12, 2013 | 8:55 AM“Fantasy sports” are hugely popular, but when fans “draft” players for their teams, they “own” only the players' statistics. Recently, Wall Street and Silicon Valley entrepreneurs created Fantex Holdings, which will allow investors to buy actual pieces of real players — namely, rights to 20 percent of the player's lifetime earnings (including licensing and product endorsement deals). The firm told The New York Times in October that it will soon stage an “IPO” for budding NFL star Arian Foster and hopes to sign up many more athletes, plus singers and actors similarly early in their careers. (On the other hand, Fantex's lawyers drew up a 37-page list of potential investment risks, such as injuries, slumps and scandals — and the fact that the stock will trade only on Fantex's private exchange.)
Story | Mar 27, 2015 | 4:03 AM
German police search for hints of motive in homes of co-pilot amid depression reports Police have searched the homes of co-pilot Andreas Lubitz in two German cities in search of an explanation for why he may have crashed a passenger plane into the French...
Column | Mar 27, 2015 | 4:30 AM
WASHINGTON -- The recent series of events involving Prime Minister Benjamin Netanyahu's speech to the U.S. Congress, his election-eve disavowal of a two-state solution to the Palestinian-Israel dilemma and his subsequent election backtracking on it have...
Story | Mar 27, 2015 | 4:07 AM