What happens if Warner Bros. Discovery loses its NBA rights?

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Warner Bros. Discovery (WBD) is set to report earnings on Thursday, May 9, as the broadcaster engages in a tug-of-war with Comcast's NBCUniversal (CMCSA...

if Warner Bros. Discovery fails to secure the streaming rightsAccounting firm used by Trump Media hit with ‘massive fraud’ chargeRobert McLister: Offer is 101 basis points lower than Canada's benchmark prime rate of 7.2%, but bank appears to be playing coy with this sizzling discountTORONTO — TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst after a report that the investigation it faces in the U.S.

"Their frustration is understandable, but this kind of expectation betrays a misunderstanding of what's actually driving food prices higher in this country." -- The Securities and Exchange Commission accused the auditor of Donald Trump’s social-media company of massive fraud affecting hundreds of companies and more than 1,500 regulatory filings.

Three of Nuggets star Michael Porter Jr.'s brothers have run into trouble. Jontay was banned from the NBA. Coban was sentenced to prison. Jevon was arrested on suspicion of DWI.Bank of Canada governor Tiff Macklem says Canadian interest rates don't have to match U.S. or global rates, but there is a limit to how much they can diverge. Macklem made the comments while testifying before the House of Commons finance committee today.

LOS ANGELES — The Los Angeles Lakers fired coach Darvin Ham on Friday after just two seasons in charge. The Lakers announced on social media that they were dismissing Ham four days after their season ended with a first-round playoff loss to Denver in five games. Ham led Los Angeles to the Western Conference finals less than a year ago in his first season as an NBA head coach.

 

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Warner Bros. Shares Fall 10% on Report That Comcast Seeks NBA TV DealWarner Bros. Discovery Inc. shares fell to an all-time low following a report that Comcast Corp. is seeking to replace the company as one of the broadcast partners for the National Basketball Association.
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