Venture capitalist Alan Patricof delayed a trip to St. Barts last week to be honored by Trickle Up at Cipriani Wall Street. Last night, he was back at the catering hall to be honored by the Opportunity Network.
New Orleans Saints tailback Reggie Bush , aided by a lawyer known for representing Hollywood celebrities, settled a lawsuit over alleged payments to Bush and his family while he was still at the University of Southern California.
Broadcasters met resistance before the U.S. Supreme Court in their effort to avoid fines for on-air profanity and nudity, with several justices predicting a spike in indecent programming should federal restrictions be eliminated.
A federal appeals court in New York struck down a U.S. Federal Communications Commission policy that penalizes profanity in broadcasting, saying it violates the television networks’ First Amendment right to free speech.
The U.S. Supreme Court ruled that Fox and ABC television stations can’t be punished for airing profanity and nudity a decade ago, while it dodged broader questions about the constitutionality of a federal crackdown on broadcast indecency.
The U.S. Supreme Court may loosen or eliminate restrictions on indecent broadcasts as it decides if regulators improperly penalized News Corp.’s Fox and Walt Disney Co.’s ABC for shows involving foul language and nudity.