Wednesday, April 7, 2010 as of 11:14 AM ET
Following the high-profile, $2 billion-plus sale of the Los Angeles Dodgers earlier this year, the New York Yankees are reportedly considering a sale of the famed Bronx franchise.
The New York Daily News reported on Thursday, citing an unidentified high-level baseball source, that there has been "chatter all around the banking and financial industries in the city for a couple of weeks now." The report quoted Yankees President Randy Levine as throwing cold water on the report, saying, "I can say to you there is absolutely, positively nothing to this. The Steinbrenners are not selling the team." George Steinbrenner bought the Yankees in 1973 for $8.8 million. The Dodgers, which moved to California from Brooklyn in the 1950s, were sold to a group fronted by former NBA star Earvin "Magic" Johnson for $2.18 billion last month.Copyright © 2012 MarketWatch, Inc....Apple Inc began talks earlier this year to stream films owned by EPIX, which is backed by three major movie studios, on devices including a long-anticipated TV, acco...
President Barack Obama on Thursday said he would award Pat Summitt, the former head coach of the University of Tennessee's women's basketball team, the Presidential ...
Dr Pepper Snapple Group on Tuesday said that t had inked a seven-year sponsorship deal with the National Football League's Chicago Bears, knocking rival Coca-Cola Co...
Time Warner Cable Inc. (TWC) would consider buying a stake in the Los Angeles Dodgers new ownership structure, in order to negotiate a broadcast deal for the team's ...
Welcome to OnSale at FOXBusiness, where we look at cool deals and insane bargains.If you have to file for an extension on your taxes this year, this easy app will do...
Even America's Pastime offers proof that American families are still feeling economic pain more than three years since the end of the Great Recession.While it's a no...
Nike (NYSE:NKE) stretched its lead in a battle with Reebok on Wednesday as a federal judge reportedly extended an injunction prohibiting the Adidas unit from manufac...
Who is to blame for soaring U.S. student loan debt that now surpasses credit card and auto-loan debt, at an estimated $1 trillion, according to the Consumer Financia...
Major League Baseball is coming off consecutive record years for sales of licensed merchandise, and thanks to free-agent signings and new team uniforms, is on deck f...
T. Harv Eker knows a thing or two about money and debt.As the son of European immigrants, the "Secrets of the Millionaire Mind" author and motivational speaker Eker ...
A federal judge has issued a temporary restraining order against Reebok International Ltd ., a unit of Adidas AG , telling the company to stop manufacturing New York...
A federal judge reportedly ordered Reebok on Thursday to temporarily stop manufacturing “unauthorized” Tim Tebow apparel after Nike (NYSE:NKE) sued the Adidas unit e...
Monsanto Co. (MON) is paying $210 million for a maker of crop-planting technology as the agribusiness company steps up efforts to diversify beyond seed production.Mo...
With the NBA and NHL gearing up for their championship series, a new poll shows employers should be readying for an influx of "sports flu" going around the office.A ...
DirecTV Group Inc.'s (DTV) first-quarter earnings rose 8.5% as the satellite TV operator boosted investment spending in its fast-growing Latin America segment and ek...
Comcast Corp. (CMCSK, CMCSA) reported a 30% higher first-quarter profit as strength in its broadband business helped offset weaker results from its TV networks.Reven...
CNN parent Time Warner (NYSE:TWX) suffered an 11% decline in first-quarter earnings amid charges, but the media giant's adjusted-profit and revenue surpassed Wall St...
DOW JONES NEWSWIRESCBS Corp.'s (CBS) first-quarter profit leapt a greater-than-expected 80% as content-licensing deals continued to carry the company's top line abov...
We're all familiar with auto, home, life and health insurance. But how about chest hair insurance? Coffee taster's tongue insurance? Laughing-to-death insurance?They...
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