Business

Mark Walter finalizes purchase of majority stake in Lakers

Mark Walter finalizes purchase of majority stake in Lakers

LOS ANGELES (AP) — Mark Walter is the majority owner of the Los Angeles Lakers after the NBA Board of Governors approved his purchase of a controlling stake from the Buss family. The Lakers and th...

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Most of Jim Irsay’s prized memorabilia to be auctioned off

Most of Jim Irsay’s prized memorabilia to be auctioned off

INDIANAPOLIS (AP) — Most of former Indianapolis Colts owner Jim Irsay’s prized memorabilia is scheduled to be auctioned off in March, Irsay’s daughters announced Thursday. Jim Irsay died in May at...

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Error-filled legal briefs provide a cautionary tale for new AI users

Error-filled legal briefs provide a cautionary tale for new AI users

NEW YORK (AP) — Judges around the world are dealing with a growing problem: legal briefs that were generated with the help of artificial intelligence and submitted with errors such as citations to...

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Average long-term US mortgage rate dips to 6.17%, its lowest level in more than a year

Average long-term US mortgage rate dips to 6.17%, its lowest level in more than a year

The average rate on a 30-year U.S. mortgage fell for the fourth week in a row to its lowest level in more than a year. Lower mortgage rates boost homebuyers’ purchasing power. They also benefit ho...

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Republicans urge Supreme Court to allow lawsuit against tech giant Cisco

Republicans urge Supreme Court to allow lawsuit against tech giant Cisco

WASHINGTON (AP) — Two prominent Republicans on Capitol Hill want the Supreme Court to allow a lawsuit to proceed against tech giant Cisco over allegations that the company’s technology was used to...

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World Athletics blames employees for $1.7M taken in ‘systematic theft’

World Athletics blames employees for $1.7M taken in ‘systematic theft’

MONACO (AP) — World Athletics says it lost more than 1.5 million euros ($1.7 million) to “systematic theft” which allegedly involved its own employees. World Athletics said on Thursday it handed o...

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