Report Jeter Jeb Bush among bidders for Marlins

first_imgTwo familiar faces are among three groups considering buying the Marlins from current owner Jeffrey Loria, according to a Fox Business Network report.The report claims that future Hall of Famer Derek Jeter and former Florida Governor Jeb Bush are a part of groups looking to bid on the team.Jeter, who played 20 seasons with the Yankees, has partnered with former Morgan Stanley brokerage chief Gregory Fleming, the report said. Fox Business says Jeter received a private tour of Marlins Park from Loria in December of 2014.Bush is partnered with a team from Citi Group, the network said. Bush’s brother, former President George W. Bush, once owned the Texas Rangers.Loria reportedly wants around $1.6 billion for the team. He bought the team for $158 million in 2002.The third group of bidders involves people from Goldman Sachs, according to the report.Oshua Kushner, the brother of President Trump’s son-in-law Joshua, led another group of bidders, but they that have dropped out. Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

Uber adds public transportation to its app starting with Denver

first_img Mobile Tech Industry Mobile Apps Uber You may be able to use the Uber app to see when your bus is coming. On Thursday the ride-hailing giant rolled out its first integration with public transit. Users in Denver will now see end-to-end directions and real-time information for public transit in the app, thanks to a partnership with the Regional Transportation District. “Our customers want their trips to be as seamless as possible, and a collaboration like this one allows them to plan for travel from end to end, including additional first mile and last mile options,” said David Genova, CEO and general manager of RTD, in a blog post. “RTD is pleased to work with Uber as we present riders with additional, complementary options to most efficiently reach their destination.”This isn’t Uber’s first attempt to become the one-stop shop for transportation. In September, the company launched a new feature called Mode Switch, an in-app tool that lets people see what modes of transportation the company offers in that location, including cars, bikes and scooters. From there, users can choose what transportation they want to use. Uber CEO Dara Khosrowshahi said the ride-hailing giant wants “to be the Amazon of transportation.”Riders will see “Transit” next to UberX, Uber Pool and other available options from the ride-hailing company once they enter their destinations. When they select the option, they’ll be able to view available transit routes along with real-time departure and arrival times. Users will see walking directions to and from the transit stations. They’ll also soon be able to buy and use RTD tickets, Uber said.Uber integrated this public transportation information through a partnership with the urban mobility app Moovit, which provides real-time transit data and route planning around the world. Uber said that with this partnership it’ll expand the feature to more cities in coming months.First published Jan. 31, 11:56 a.m. PT. Update, 2:06 p.m.: Adds information on Moovit partnership.Best Super Bowl TV deals: Buying a new TV for the big game? These are your best choices.How to watch the Super Bowl: Watch the game in the US for free, on TV or online. Tags Comment Uber Share your voice 1last_img read more

Modi govt drags Deloitte KPMG affiliate BSR to NCLT seeks 5year ban

first_imgA bird flies next to the logo of IL&FS (Infrastructure Leasing and Financial Services Ltd.) installed on the facade of a building at its headquarters in Mumbai, India, September 25, 2018.REUTERS/Francis Mascarenhas/File photoThe central government has moved to the National Company Law Tribunal seeking a 5-year ban on auditors Deloitte Haskins & Sells and BSR & Co for alleged irregularities in hiding bad debts of the cash strapped Infrastructure Leasing & Financial Services Limited (IL&FS). Financial daily, the Economic Times reported that the centre sought a five-year ban under Section 140 of the Companies Act. Notably, this is the first time the government has invoked this act to debar an auditor. The two firms won’t be allowed to audit any listed or unlisted company, including banks and non-banking financial companies (NBFCs), for five years if the proposed punishment is accepted by the NCTL.The NCTL has, in turn, has directed the government to share the 800-page chargesheet filed by the Serious Fraud Investigation Office to the audit firms. The development comes after the lawyers and the executives accused in the case argued that they have not been served with the documents which also includes chargesheet. The firms moreover have also asked for time to prepare to respond to the ministry of corporate affairs’ (MCA) allegations. The government lawyers submitted that they had shared the electronic version of the chargesheet to BSR & Co but Deloitte is yet to receive the same. The firm has 10 days to prepare a case to defend itself as the NCTL set the next hearing date on June 21st. The IL&FS group is facing serious liquidity crisis and has defaulted on interest payments on various debt repayments since 27 August.ReutersThe SFIO in its chargesheet alleged that “The loans were transferred by mere book entry and resulted in the closure of old loans. The new loans didn’t require provisioning or recognition as NPA (non-performing asset). Hence the assignment of the same was prejudicial to the interest of the company. The auditors having the knowledge of the same had not reported the same in the audit report.”It further added that the firms fraudulently helped the IL&FS hid information of various loans, inflated profits and showed that everything is running well. “Investigations revealed that the auditors, along with their engagement teams of IFIN did not perform their duties diligently. The auditors, despite having the knowledge of the funding of the defaulting borrowers for principal and interest payments, failed to report in the auditors’ report for FY 2013-14 to FY 2017-18,” the agency alleged.last_img read more

Joe Biden Announces Presidential Run

first_img Michael Dwyer/AP FileIn this April 18, 2019, file photo, former vice president Joe Biden speaks at a rally in support of striking Stop & Shop workers in Boston. 00:00 /29:10 To embed this piece of audio in your site, please use this code: X Listen After months of deliberation, former Vice President Joe Biden finally announced his decision to throw his hat in the ring for the 2020 Presidential Election.This week on Party Politics, co-hosts Brandon Rottinghaus and Jay Aiyer analyze who are the front runners for 2020 and discuss whether Biden has a real shot of winning the Democratic nomination.Jay and Brandon also discuss ideological shifts in the Democratic Party and how they could impact the 2020 election.NATIONAL2020 Presidential roundup – Congressman Seth Moulton is in; Elizabeth Warren’s answer on student debtPresident Trump cancels Iranian oil sanction waiversMueller report fallout, Treasury misses deadline for Trump tax returnsHouse Oversight Committee v. President Trump on financial recordsTEXASMJ Hegar announces Senate runDallas and San Antonio municipal roundupTexas House votes to legalize the farming of industrial hempDebate on property tax and school finance billsEnd of Confederate Heroes Day?End of Daylight Savings Time?You can subscribe to the podcast on Apple Podcasts. Tweet us using #PartyPoliticsPod or email partypoliticspod@houstonpublicmedia.org. Party Politics is produced by Sophie Moll, the audio engineer is Todd Hulslander and our digital editor is Alvaro ‘Al’ Ortiz. This article is part of the Party Politics podcast Sharelast_img read more