Jesse Cole is the Walt Disney of baseball. As the founder and CEO of the Savannah Bananas and its parent company Fans First Entertainment, Jesse rewrote the rules of baseball to build an entertainment juggernaut. There are no bunts, walks or mound visits in Banana Ball, but there are dancing umpires, trick plays and choreographed dance numbers. But the Savannah Bananas are more than just a zany ta...
Jesse Cole is the Walt Disney of baseball. As the founder and CEO of the Savannah Bananas and its parent company Fans First Entertainment, Jesse rewrote the rules of baseball to build an entertainment juggernaut. There are no bunts, walks or mound visits in Banana Ball, but there are dancing umpires, trick plays and choreographed dance numbers. But the Savannah Bananas are more than just a zany take on America’s past time, they are a $500 million business. In this episode of The Deal, Jesse tells Alex and Jason the tale of how the Bananas went from a struggling Coastal Plain League team to a multi-team league that sells out NFL stadiums. He also shares why he doesn’t charge his fans taxes or ticket fees and why Bananas games stream free on YouTube- despite the league having a deal with ESPN. Jesse also explains the details of a mistake that cost him $6 million and why he is inspired by both Dana White and Lorne Michaels. (Source: Bloomberg)
Over the long term, there's no greater wealth creator than the stock market. Average annual returns for the benchmark S&P 500 (SNPINDEX: ^GSPC) , iconic Dow Jones Industrial Average (DJINDICES: ^DJI) , and innovation-inspired Nasdaq Composite (NASDAQINDEX: ^IXIC) have trumped all other asset classes over multiple decades. But this doesn't mean equities rise in an orderly fashion . As of the closin...
Over the long term, there's no greater wealth creator than the stock market. Average annual returns for the benchmark S&P 500 (SNPINDEX: ^GSPC) , iconic Dow Jones Industrial Average (DJINDICES: ^DJI) , and innovation-inspired Nasdaq Composite (NASDAQINDEX: ^IXIC) have trumped all other asset classes over multiple decades. But this doesn't mean equities rise in an orderly fashion . As of the closing bell on March 27, the Dow and Nasdaq Composite were already in correction territory with respective declines of 10% and 12.6%, while the S&P 500 was knocking on the door of a correction with an 8.7% pullback. Image source: Getty Images. Continue reading
Oil is back on a tear. Crude surged past $105 after President Donald Trump signaled a fresh escalation in the Iran conflict over the next two to three weeks, dashing hopes of a near-term resolution. The market’s core problem hasn’t changed: the Strait of Hormuz, arguably the world’s most critical oil chokepoint, has effectively been shut for weeks, with flows still heavily constrained and no clear...
Oil is back on a tear. Crude surged past $105 after President Donald Trump signaled a fresh escalation in the Iran conflict over the next two to three weeks, dashing hopes of a near-term resolution. The market’s core problem hasn’t changed: the Strait of Hormuz, arguably the world’s most critical oil chokepoint, has effectively been shut for weeks, with flows still heavily constrained and no clear timeline for reopening. Trump’s message was characteristically blunt but strategically vague, promising Iran would be hit “extremely hard” while insisting the war is nearing its end. That ambiguity is exactly what’s keeping traders on edge. Even in a best-case scenario, restarting flows through Hormuz won’t be instant. Damaged infrastructure and lingering security risks mean supply disruptions and elevated prices could stick around longer than policymakers would like. The result is a market bracing for volatility, and maybe something worse. With oil already up more than 40% since the conflict began, fears of a broader inflation shock are creeping back into view. Investors are hedging in both directions, from downside protection to eye-watering upside bets (oil at $450 a barrel). Translation: no one has conviction on the endgame, but everyone agrees the ride isn’t over. What You Need to Know Today With the Strait of Hormuz still effectively in limbo, Asia is scrambling — less as a bloc, more as a patchwork . From India negotiating safe passage with Iran to China floating its own peace plan, countries are hedging, cutting side deals and testing leverage to keep energy flowing, while some US allies like Japan eye a 35-country effort led by London to restore navigation. Trump’s call for nations to “take the lead” has only deepened the fragmentation, leaving no unified response even as a quarter of global oil trade hangs in the balance, turning the crisis into a live exercise in geopolitical improvisation. India has taken a sledgehammer to offshore rupee trading, banning banks ...
Actress Aubrey Plaza has secured a buyer for her California home—nearly three months after she put it back on the market for the reduced price of $5.75 million.
Actress Aubrey Plaza has secured a buyer for her California home—nearly three months after she put it back on the market for the reduced price of $5.75 million.