ESPN reported that the Los Angeles Lakers are set to be sold for a record $12.5bn to venture capitalist Josh Kushner and former Disney CEO Bob Iger, less than 10 months after Mark Walter took control of the team from the Buss family.
Josh Kushner and Bob Iger are purchasing the Los Angeles Lakers for over $12.5bn in a record-breaking deal, according to ESPN reports citing sources familiar with the agreement.
Russia's defence ministry reports downing 320 Ukrainian drones overnight across 19 regions, resulting in six deaths near Moscow and Belgorod. Meanwhile, Russian strikes in Sumy kill three, and a cargo ship is struck in the Black Sea.
Major League Soccer owners voted to appoint LAFC co-managing owner Larry Berg as the league's next commissioner, succeeding Don Garber starting January 1, 2027.
Donald Trump announced that 200 entities, including 23 Republican governors and major utilities, have signed his non-binding "Ratepayer Protection Pledge." The pledge aims to ensure US consumers don't pay for AI datacenter build-out costs, but critics dismiss it as an "empty promise" amid rising electricity bills.
Donald Trump secured a voluntary pledge from governors and electricity companies to protect U.S. consumers from higher utility bills due to data centers. The initiative highlights the AI sector's growing impact on politics and consumer costs, with concerns about electricity demand and job displacement.
Minnesota Gov. Tim Walz is recalling his National Guard members from Washington, D.C. earlier than planned due to concerns they were used for presence patrols in neighborhoods, deviating from their assigned role for America 250 celebrations. Other Democratic governors also sent troops with similar event-specific orders, but activists have documented guard members on broader law enforcement duties.
A genetic study of 49 individuals buried in a 17th-century Maryland chapel cemetery identified colonial governors and their families, alongside an 8-year-old boy of majority African ancestry buried with English settlers, raising questions about his status.
Ukrainian drones targeted Russia's Omsk oil refinery, its largest, located 2,700km from Ukraine. The attack, confirmed by local authorities, occurred before a Nato summit. Russia claimed most drones were destroyed, with no casualties. President Zelenskyy hailed it as a significant achievement, extending Ukraine's strike capability to Siberia.
Federal Reserve Chair Kevin Warsh asserted the central bank's independence and commitment to curbing inflation, indicating no tolerance for inflation above 2%. This stance likely forecloses the rate cuts sought by President Donald Trump, marking a shift in Warsh's views since becoming chair.
The Supreme Court in Trump v Slaughter overturned a 91-year precedent, allowing the president to fire independent agency heads at will, except for Federal Reserve board members. This ruling significantly expands presidential authority and is seen as a blow to congressional power and the administrative state.
Thai politician Chadchart, known as the "strongest minister" for his physique and running passion, is actively campaigning for Bangkok's gubernatorial election on Sunday. He is widely expected to win, engaging with residents about the city's pressing issues like traffic and infrastructure.
Several Democratic governors have sent National Guard members to Washington, D.C., for the first time since President Trump's controversial deployment. While governors state the troops are for America 250 celebrations, the federal Joint Task Force lists them as part of its ongoing law enforcement mission, causing confusion and legal concerns.
A meeting of Malaysia's Conference of Rulers was cancelled due to concerns over recognizing a contested succession in Negeri Sembilan. The dispute centers on Tuanku Muhriz Munawir, whose removal as state ruler was disputed by territorial chieftains.
The Trump administration is threatening to cut federal funding for unemployment assistance in all 50 states, citing concerns over "waste, fraud and abuse" in state-run programs. Acting Labor Secretary Keith Sonderling warned governors that administrative funds could be withheld for the first time in history.
The US Department of Labor is threatening to withhold administrative funds from states for the first time in history if they fail to combat waste, fraud, and abuse in unemployment insurance programs. Acting Secretary Keith Sonderling sent letters to 53 states and territories, specifically highlighting California, New York, and Illinois.
La Academia de Hollywood reconocerá a Glenn Close y Ridley Scott con el Oscar Honorífico en la 17ª edición de los Governors Awards. También serán premiados el animador Floyd Norman y las productoras Christine Vachon y Pamela Koffler, quienes recibirán el premio Irving G. Thalberg.
Glenn Close, Ridley Scott, Floyd Norman, Christine Vachon, and Pamela Koffler will receive honorary Oscars at the Governors Awards on November 15. The Academy recognized their "groundbreaking work" and "immeasurable impact" on filmmaking.
Glenn Close, Ridley Scott, and Floyd Norman will receive honorary Oscars at the 17th Governors Awards on November 15, 2026. Producers Christine Vachon and Pamela Koffler will also be honored with the Irving G. Thalberg Memorial Award.
Former Mexican President Andrés Manuel López Obrador accused US officials of using "Hitler-like propaganda" to weaken the governing Morena party and bolster the opposition ahead of US elections. He cited US investigations into Mexican governors and alleged CIA activity as part of this plot.
South Korea's Democratic Party is projected to win most local elections, serving as a key assessment of President Lee Jae-myung's first year. A close race in Busan remains too close to call.
NYC Mayor Zohran Mamdani broke with tradition by skipping the annual Israel Day parade, citing his vocal support for Palestinian rights and acknowledging the Nakba. His absence drew criticism from some Jewish leaders, while others, like Police Commissioner Jessica Tisch, marched proudly.
In India's democracy, fractured election results often lead to governors becoming key arbiters in government formation. The recent Tamil Nadu election saw actor-politician Vijay's party emerge as the single largest, but short of a majority, highlighting the constitutional grey zone regarding the governor's discretion in inviting parties to form a government.
G7 finance chiefs met in Paris, focusing on global debt governance and financial security issues like AI and cybersecurity. They agreed to enhance the G20 Common Framework for debt resolution and discussed risks from new technologies, reaffirming support for Ukraine.
