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Will the College Football Playoff just around the corner, this marks the first year that the bracket is expanding from just four teams to twelve. But it also means there are some changes being made regarding payouts to college conferences with schools competing in the playoff. The Football Bowl Division, commonly referred to as the FBS, is the highest level of college football in the United States and consists of over 100 teams in 10 conferences. But of those 100 teams, just 12 will advance into the College Football Playoff. RELATED STORY | NCAA, leagues sign off on $2.8 billion plan, setting stage for dramatic change across college sports Each conference will receive different payouts based on the number of teams in the conference that make the College Football Playoff. But those teams will be eligible to earn even more money for their conference the further they advance. For the 2024-2025 College Football Playoff: RELATED STORY | States sue NCAA, saying organization unfairly restricts players' sponsorship opportunities
Ashley Cain slammed for ‘showing off his wealth’ as he reveals huge new car and house
Rupert Murdoch, owner of Fox News and the Wall Street Journal, is seeking to put his son Lachlan in control of the media empire. A United States probate commissioner has ruled against billionaire media baron Rupert Murdoch ‘s bid to change his family trust to put his global television and publishing empire under the control of his eldest son Lachlan, The New York Times has reported. Nevada commissioner Edmund Gorman concluded that Murdoch and his son Lachlan, who run Fox Corp and News Corp, the owners of Fox News and The Wall Street Journal, had acted in “bad faith” in their effort to amend the irrevocable trust, the Times reported on Monday, citing a sealed court document. The trust currently would divide control of the company equally among Murdoch’s four oldest children – Lachlan, James, Elisabeth and Prudence – after his death. In his opinion, Gorman said the plan to change the trust was a “carefully crafted charade” to “permanently cement Lachlan Murdoch’s executive roles” inside the empire “regardless of the impacts such control would have over the companies or the beneficiaries” of the family trust, the Times said. A lawyer for Rupert Murdoch, Adam Streisand, said they were disappointed with the ruling and intended to appeal, the Times reported. The Murdochs’ conservative media empire is poised to play an important role in the political future of the US as President-elect Donald Trump is set to return to the White House in January. Fox News has bounced back after losing an $800m defamation lawsuit last year due to its handling of the 2020 election results. Rupert Murdoch was one of the most prominent Trump detractors to line up behind the former president during the recent election campaign, with the full-throated support of Fox News. The succession battle for control of Murdoch’s media holdings has been going on behind closed doors for three months in a Reno, Nevada, courtroom. Married five times, the 93-year-old Murdoch retired last year and is attempting to change the terms of the family’s trust to ensure that after he dies, the media companies remain under the control of Lachlan Murdoch. Rupert Murdoch’s proposed amendment would block any interference by three of Lachlan’s siblings, who are more politically moderate, The New York Times has reported. Lachlan Murdoch already runs Fox and is the sole chair of News Corp. Lachlan Murdoch is viewed as ideologically aligned with his conservative father. James Murdoch, who has donated to progressive political groups, resigned in 2020 from the News Corp board, citing disagreements over editorial content. The Murdoch trust was formed around the time of Rupert Murdoch’s divorce from his second wife, Anna, in 1999. The trust is the vehicle through which the elder Murdoch controls News Corp and Fox, with roughly a 40 percent stake in voting shares of each company.Ministers warned of cuts as ‘every pound’ of spending to face review
"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" Thanks for your interest in Kalkine Media's content! To continue reading, please log in to your account or create your free account with us.
Akira Hiyoshi, his wife and 6-year-old son were returning from the customary first shrine visit of the new year and about to enter their house when the earth began to convulse. Roof tiles on their century-old sake brewery — adjacent to their home in the city of Wajima, Ishikawa Prefecture — came raining down, and the structure began collapsing before their eyes. “My wife said she heard me muttering ‘It’s over,’ while we stared at what was unfolding,” says the fifth-generation owner and tōji , or master brewer, of Hiyoshi Sake Brewery, which is known for its Kinpyo Shirakoma brand of sake.Malawi will launch 16 Days of Activism against GBVLA sees drop in unsheltered homelessness amid 18% increase nationwide
(Bloomberg) — The retail entrepreneur behind fast-fashion chain Groupe Dynamite Inc. says he decided to take the company public after exploring talks with private equity groups and determining they weren’t the right fit. The company that owns the Garage and Dynamite retail brands went public last month on the Toronto Stock Exchange, with owner and Chief Executive Officer Andrew Lutfy selling a 13% interest. It was the largest initial public offering of a Canadian company on the country’s main exchange this year, and valued Lutfy’s stake at nearly C$2 billion ($1.4 billion). The 60-year-old businessman said the IPO resulted from a “come-to-Jesus moment” at the end of 2018, when he realized he had neither an internal successor nor children willing to take over. He needed a plan — but he also needed to improve the business. When the pandemic hit, the company filed for creditor protection to restructure its store leases, saving costs and putting more emphasis on better locations. Revenue and profits surged. “Private equity firms like buying broken assets, adding value, and then exiting three to five years later at a profit,” he said. “Although they marveled at our business, they had a hard time appreciating where they could fit in, and we agreed.” Going public became the best option. Lutfy’s realization that he lacked successors led him to create a formal board of directors and an employee share ownership plan in 2019. He also hired McKinsey & Co. to “change the mindset from compliance and audit, to growth and goals.” Since 2021, revenues have grown at a compounded annual rate of nearly 15%, reaching C$888 million for the 12-month period that ended Aug. 3. Today, Groupe Dynamite has about 300 stores in Canada and the US and plans to add 50 more by the end of fiscal 2028, including in the UK. Luxury Property Lutfy started in the business in 1982 as a stockroom clerk at the first Garage store in Montreal, which was owned by his then-girlfriend’s family. The family gave him a sweat-equity stake of 25% in the 1980s, and in 2003 he bought all remaining shares of the company. The shares offered during the IPO were a “minimum viable float,” Lutfy said, but he’s thinking about gradually selling down his stake to 10% by 2035. Groupe Dynamite shares went public at C$21, and the stock is now slightly below that level. Lutfy said he’s not concerned: his company offers a “nice complement” to a balanced Canadian portfolio. The TSX is heavy on mining and financial services stocks, with few large retailers. “There is a scarcity of our type of business,” he said. After the underwriters’ fee, the IPO yielded C$281 million in cash for Lutfy, out of which he repaid Dynamite C$110 million. He doesn’t yet know what he’ll do with the rest. He already owns a sizable real estate portfolio in the Canadian province of Quebec. Managing this portfolio occupies about half of his time. He owns 80% of the Royalmount, a new luxury shopping mall in Montreal, the first phase of which cost more than C$1 billion. The project is also backed by L Catterton, a private equity firm tied to LVHM Moet Hennessy Louis Vuitton and French luxury magnate Bernard Arnault, the world’s fifth-richest person. The first phase represents only 8% of the total Royalmount complex Lutfy hopes to build — those plans include thousands of housing units — and he can’t hide his ambitions or his involvement. While walking through the mall, he stopped to take a picture of a defective floor joint and report it. Lutfy also holds a 20% stake in another Quebec shopping center and owns the Four Seasons Hotel in Montreal. His family office also invests in public markets and private companies. Lutfy said he’s in the business of making people happy, and it pays off. “I have a reasonable third leg to my life that has a fair amount of liquidity.” To investors who might be concerned about his full commitment to Dynamite, he said: “The past is an amazing precursor to the future in this case.”
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This is how much conferences will make for each team in College Football Playoff
NoneWisconsin Republicans sue to resolve conflict of when Electoral College votes must be cast for Trump
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