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News
California lake town to be transformed with world-class race track, luxe condos and private club
6+ day, 13+ hour ago (482+ words) Start your engines Riverside County. NASCAR veteran and road-racing legend Boris Said is behind bombshell plans for “Elsinoring” — a Nürburgring-inspired private motorsports playground near Lake Elsinore where wealthy motorheads can race around a track with 22 turns — then park them at…...
Vornado’s Steve Roth takes ‘victory lap’ for PENN 1 and PENN 2
6+ day, 14+ hour ago (159+ words) Vornado scored a 38,000-square-foot expansion at PENN 1 by payroll and HR management platform Gusto, which brought the redesigned tower to over 90% leased. The asking rent was $135 per square foot, sources said. But while Gusto’s move is relatively modest, it’s revealing…...
Pablo Torre teases another billionaire bombshell after Clippers reckoning
1+ week, 2+ day ago (174+ words) Pablo Torre is dropping clues about his next investigation — but not enough to reveal exactly where it is headed. The Pulitzer-winning journalist teased a new project Thursday with a simple post on X: “New investigation. Tomorrow.” The attached image supplied…...
How Bob Iger’s future ‘ownership’ of LA Lakers has been exaggerated in $12.5B deal
1+ week, 3+ day ago (767+ words) Media reports of Bob Iger’s future “ownership” of the Los Angeles Lakers appear to have been greatly exaggerated, On The Money has learned. Three weeks ago, a flurry of headlines from major outlets – the New York Times, the Wall Street…...
Young adults under 21 – banned from sports betting – traded $5.4B on Kalshi this year
1+ week, 6+ day ago (659+ words) Young adults between 18 and 21 — too young to legally gamble on sportsbooks — have traded $5.4 billion on prediction market Kalshi so far this year, according to a CNN analysis. Kalshi, which has seen an explosive rise in popularity over the past few…...
Wild new tech summons dream waves for surfers after spotting them in the lineup
2+ week, 2+ day ago (302+ words) A new collaboration between two high-tech wave pool companies is using AI to create a more personalized, family friendly wave park experience. Developed by Endless Surf and Flowstate, “The Mixtape” is a system designed to allow all surfers to ride…...
Robot smashes Usain Bolt’s 100-meter dash world record in opening heat of World Humanoid Games
3+ week, 1+ day ago (327+ words) Usain Bolt, meeting Lightning bolt. A robot named Lightning just ran at the 100 meter dash in 9.32 seconds, shattering human sprinter Usain Bolt’s record. The superhumanoid feat went down during a test run at the second World Humanoid Robot Games, which…...
Dodgers owner Mark Walter’s insurer slashing up to $6.5B in investments as fraud probes intensify
3+ week, 5+ day ago (321+ words) Mark Walter’s Delaware Life Insurance is set to cut as much as $6.5 billion in investments in his businesses after facing regulatory heat over the billionaire’s financial dealings, a holding company of Los Angeles Dodgers owner said Tuesday. TWG Global, Walter’s…...