Economy

August 09, 2019 - 12:34 am
ELMONT, N.Y. (AP) — The New York state board responsible for economic development has approved a $1.3 billion project to build a 19,000-seat arena for the New York Islanders hockey team at Belmont Park. Newsday reports the six members of the Empire State Development board voted Thursday in favor of...
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June 13, 2019 - 11:56 am
LEAWOOD, Kan. (AP) — The contents of the suburban Kansas City home of a pro racecar driver imprisoned for running an illegal $2 billion payday loan operation are going up for sale later this month as the government recovers assets to pay back cheated consumers. The estate sale for Scott Tucker's...
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NBA Commissioner Adam Silver holds a news conference before Game 1 of basketball’s NBA Finals between the Golden State Warriors and the Toronto Raptors, Thursday, May 30, 2019, in Toronto. (Frank Gunn/The Canadian Press via AP)
May 30, 2019 - 9:33 pm
TORONTO (AP) — The NBA is closely monitoring the ongoing trade dispute and tariff rift between the U.S. and China, though the league is not yet worried that it will interfere with any business happening with the world's most populous nation. NBA Commissioner Adam Silver even went as far Thursday...
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May 15, 2019 - 10:43 pm
JEFFERSON CITY, Mo. (AP) — The home of the St. Louis Blues could receive $70 million in state subsidies over two decades to help pay for renovations that local officials hope will attract more amateur sports events to the arena. Missouri lawmakers gave final approval Wednesday to the legislation...
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FILE - In this July 10, 2018 file photo, New Carolina Panthers owner David Tepper answers a question during a news conference at Bank of America Stadium in Charlotte, N.C. The South Carolina Senate appears to be preparing for a key vote on whether to give the Carolina Panthers tax breaks and incentives to move their practice fields out of South Carolina. State Sen. Dick Harpootlian removed his objection on the bill Tuesday, May 7, 2019, so it could come to a vote. (AP Photo/Chuck Burton, File)
May 09, 2019 - 6:02 pm
COLUMBIA, S.C. (AP) — South Carolina appears ready to offer $120 million in tax breaks to the Carolina Panthers to move their practice fields and team headquarters out of North Carolina, after the state Senate overrode objections that a billionaire NFL owner didn't need public help. The Senate...
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April 30, 2019 - 11:14 am
INDIANAPOLIS (AP) — The dedication of nearly $400 million in public subsidies toward two Indianapolis sports stadium projects has been signed into law. Indiana Gov. Eric Holcomb's office says he signed the bill Monday setting up financing plans for renovation of the Indiana Pacers' arena and...
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FILE - In this July 31, 2017, file photo, Los Angeles Mayor Eric Garcetti, left, listens as Los Angeles Olympic Committee leader Casey Wasserman speaks during a press conference to make an announcement for the city to host the Olympic Games and Paralympic Games 2028, at Stubhub Center in Carson, Calif. The price tag on the Los Angeles 2028 Olympics is now $6.88 billion, a $1.36 billion increase that comes mainly because of accounting measures designed to better reflect inflation over the long lead-up to those games. Most key numbers the organizing committee released Tuesday, April 30, 2019, are essentially the same as those submitted in the original bid documents, only adjusted from 2016 dollars to reflect the real value of the dollars at the time they'll be received or spent. (AP Photo/Ringo H.W. Chiu, File)
April 30, 2019 - 9:40 am
The price tag on the Los Angeles 2028 Olympics is now $6.88 billion, a $1.36 billion increase that comes mainly because of accounting measures designed to better reflect inflation over the long lead-up to those games. Most key numbers the organizing committee released Tuesday are essentially the...
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Carolina Panthers coach Ron Rivera talks to reporters as he visits the South Carolina Statehouse, Thursday, April 11, 2019, in Columbia, S.C. Rivera was talking to lawmakers about a bill to provide about $120 million in incentives to get the NFL football team to move its practice fields and headquarters to South Carolina (AP Photo/Jeffrey Collins)
April 11, 2019 - 2:10 pm
COLUMBIA, S.C. (AP) — South Carolina lawmakers take time to honor their sports heroes almost daily, but Thursday's welcome to the Carolina Panthers carried higher stakes: Some legislators are trying to entice the North Carolina team to move its practice facility and headquarters across state lines...
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FILE - In this Aug. 30, 2018, file photo, Carolina Panthers owner David Tepper walks in the field during before an NFL football game against the Pittsburgh Steelers in Pittsburgh. A South Carolina senator said Wednesday, April 10, 2019, he will continue his objection to a bill providing $120 million in tax breaks and incentives to move the Panthers practice facility to South Carolina until he gets answers to competing economic analysis reports. (AP Photo/Don Wright, File)
April 10, 2019 - 6:19 pm
COLUMBIA, S.C. (AP) — A state senator said Wednesday he still isn't convinced an economic incentive bill meant to lure the NFL's Carolina Panthers practice fields and team headquarters to South Carolina is a worthwhile deal for taxpayers. Democratic state Sen. Dick Harpootlian of Columbia retained...
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In this March 19, 2019, photo Zack Shelton, of Swish Analytics, left, explains how to place a bet at the Skyloft Predictive Gaming Lounge inside the Golden 1 Center, home of the NBA's Sacramento Kings, in Sacramento, Calif. Although sports betting is not legal in California, the SkyLoft Lounge is being used for contests that don't involve gambling. (AP Photo/Rich Pedroncelli)
April 08, 2019 - 6:28 pm
ST. PAUL, Minn. (AP) — Native American tribes have emerged as key players in the legislative debates over whether states should legalize sports betting, with some opposing the idea because it could threaten their casinos and others supporting legalization but only if they retain a monopoly. In many...
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