How family offices bet on sports from fantasy apps to ski resorts

Key Points A third of investment firms of the ultra-rich have invested in sports, according to a new family office survey by BNY Mellon. While billionaire sports-team buyouts get the headlines, family offices are increasingly investing in adjacent assets like live-viewing venues and betting apps. Here’s how the family offices of ultra-rich sports team owners

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TSA will let travelers keep their shoes on at airport security

Traveler wait in a long security line at John Wayne Airport in Santa Ana Wednesday, May 7, 2025. Allen J. Schaben | Los Angeles Times | Getty Images The Transportation Security Administration will let many travelers leave their shoes on at U.S. airport checkpoints, ending a roughly 20-year-old rule, Homeland Security Secretary Kristi Noem said

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Hims & Hers offers generic semaglutide as Novo Nordisk patent lapses

Hims & Hers Health announced Wednesday it will offer generic semaglutide in Canada as Novo Nordisk‘s patent on its branded drugs Ozempic and Wegovy is set to expire in January. “Canada is a major opportunity to show what affordable, high-quality weight loss care can look like,” said Andrew Dudum, co-founder and CEO of Hims &

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Genius Act: This New US Crypto Law Could Pave the Way for the Next Global Financial Crisis

Yves here. I wish I had reposted some of the content from a great 2022 post at Heisenberg Report, Dear Crypto: You Have No Lender of the Last Resort, since it is beyond the reach of archive services. It was a long-form takedown of crypto as private currencies and why that is extremely problematic. The

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