The Formula One race set for Weehawken, New Jersey, in June will take place as scheduled, and all outstanding contract obligations, including safety and facility reviews, will be met, said event promoter Leo Hindery.
At a museum near the U.S. Capitol three weeks ago, 700 guests sampled bratwurst and vodka and watched the Olympics on a mammoth screen. From the second floor, Comcast Corp.’s David Cohen addressed the crowd, which included the Russian ambassador and a White House official.
Oakland, California, the fifth-most crime ridden city in America, faced a $32 million budget deficit in fiscal 2011. It closed the gap by shrinking its police force by 18 percent, shedding 138 officers including 80 dismissals.
Comcast Corp. is weighing options for how to divest about 3 million cable subscribers as part of a takeover of Time Warner Cable Inc. -- including spinning them off in a new publicly traded company, people with knowledge of the matter said.
Sept. 6 (Bloomberg) -- Leo Hindery, managing partner at InterMedia Partners LP, Joseph Ravitch, co-founder and partner at the Raine Group LLC, and Rob Tilliss, chief executive officer and managing partner at Inner Circle Sports LLC, participate in a panel discussion about the pricing of professional sports franchises. Bloomberg Executive Editor John McCorry moderates the panel at the Bloomberg Link Sports Business Summit in New York. (Source: Bloomberg)