Daily Archives: November 16, 2018

Major League Baseball signs seven-year extension with Fox worth $5.1B

Major League Baseball has signed a seven-year media rights renewal with Fox Sports that sources say is worth $5.1 billion, or $728.6 million per year. The deal formally was announced at the MLB owners meetings in Atlanta. Fox (NASDAQ: FOX, FOXA) curr...

By | 2018-11-16T23:17:30+00:00 November 16th, 2018|Uncategorized|

Richard Ha stepping down as CEO of Big Island medical marijuana dispensary

Hawaii farmer Richard Ha is stepping down as CEO of Big Island-based medical marijuana dispensary Lau Ola. Lau Ola, which is one of two dispensaries on the island, has not yet started sales. The former banana farmer and medical marijuana advocate to...

By | 2018-11-16T22:19:18+00:00 November 16th, 2018|Uncategorized|

Delta orders 10 A330neos from Boeing rival Airbus, but scales back orders for bigger A350s

Delta Air Lines ordered 10 more Airbus A330-900neo (new engine option) jets as part of a deal that reduced and deferred its plans to buy larger jets, the carrier said on Friday. The order is worth $2.96 billion at list prices, but a big customer like ...

By | 2018-11-16T21:59:47+00:00 November 16th, 2018|Uncategorized|

Sears gets a $350M loan so it can survive through the holidays

Sears Holdings Corp. obtained a new $350 million loan that will allow the bankrupt retailer to keep operating through the holiday season. Great American Capital Partners is loaning the money — at a pretty high interest rate — to keep Hoffman Estates, ...

By | 2018-11-16T21:58:37+00:00 November 16th, 2018|Uncategorized|

Form D Friday: Denver fintech-support startup raising $8M

Form D Friday is a Denver Business Journal feature highlighting regulatory filings from Denver-area companies raising capital for new projects, creating new venture funds or expanding their businesses. Form D reports are a type of SEC filing form used...

By | 2018-11-16T21:43:11+00:00 November 16th, 2018|Uncategorized|

Linfield’s ‘Alianza’ a winner in wine biz competition

Alianza, from a team of Linfield College students, was the winner at a recent wine competition. But don’t look for a bottle of the California red on store shelves — no grapes were crushed in the winning of this contest. Alianza is fictitious, created...

By | 2018-11-16T20:48:23+00:00 November 16th, 2018|Uncategorized|

Ohio State gives President Drake a raise and $212K bonus

Not only is Ohio State University President Michael Drake getting a raise this year, he also will take home a rather sizable bonus check. The OSU Board of Trustees on Friday approved a 2.5 percent raise for Drake, citing his devout commitment to teach...

By | 2018-11-16T20:32:36+00:00 November 16th, 2018|Uncategorized|

Cruise ships could dock at Komatsu Mining’s planned Milwaukee headquarters

Port of Milwaukee officials want to make the waterfront at Komatsu Mining Corp.’s planned headquarters campus an overnight docking spot for some of the biggest cruise ships in the Great Lakes. The port is actively pursuing more business from the Great...

By | 2018-11-16T20:21:54+00:00 November 16th, 2018|Uncategorized|

Major League Baseball extends TV deal with Fox for $5.1B during owners meetings in Atlanta

Major League Baseball has signed a seven-year media rights renewal with Fox Sports that sources say is worth $5.1 billion, or $728.6 million per year. The deal formally was announced at the MLB owners meetings in Atlanta today. Fox (Nasdaq: FOX, FOXA...

By | 2018-11-16T20:07:14+00:00 November 16th, 2018|Uncategorized|