Democrats decry president’s ‘most brazen act of self-dealing yet’ and vow to challenge fund in Congress Donald Trump is reconsidering whether to keep pressing for a $1.8bn fund to compensate his allies, a person familiar with his thinking said on Monday, as the justice department paused the program to comply with a court order. Trump’s “anti-weaponization” fund has faced legal setbacks since it wa...
Democrats decry president’s ‘most brazen act of self-dealing yet’ and vow to challenge fund in Congress Donald Trump is reconsidering whether to keep pressing for a $1.8bn fund to compensate his allies, a person familiar with his thinking said on Monday, as the justice department paused the program to comply with a court order. Trump’s “anti-weaponization” fund has faced legal setbacks since it was announced two weeks ago. The idea has also faced a mounting political backlash from Republicans concerned by a lack of oversight and the possibility of payouts to participants in the January 6 2021 riot at the US Capitol. Continue reading...
Stephen Curry #30 of the Golden State Warriors reacts during the second half of the game against the Charlotte Hornets at Spectrum Center on March 29, 2024 in Charlotte, North Carolina. Jared C. Tilton | Getty Images NBA star Stephen Curry has entered into a partnership with Chinese sportswear company Li-Ning, which would involve product development as well as sports culture initiatives. There are...
Stephen Curry #30 of the Golden State Warriors reacts during the second half of the game against the Charlotte Hornets at Spectrum Center on March 29, 2024 in Charlotte, North Carolina. Jared C. Tilton | Getty Images NBA star Stephen Curry has entered into a partnership with Chinese sportswear company Li-Ning, which would involve product development as well as sports culture initiatives. There are also plans to launch Curry Brand stores in the U.S. and China, the Golden State player said in a letter, adding that the partnership will help his brand have a wider range of resources and a global footprint. "I knew that Li-Ning could be the right partner that can deliver on the innovation and design that I want Curry Brand to stand for," he said, noting that "the future of Curry Brand is with Li-Ning." Li-Ning, which is one of China's largest sport brand companies, was founded in 1990 by a former Chinese Olympic Gold medalist who named the company after himself. The company, which is also the official partner of the Chinese Olympic Committee, has over 7,600 stores including flagship and factory outlets, according to its annual report . Curry and sportwear company Under Armour in November last year had announced plans to end their partnership. Li-Ning did not immediately respond to CNBC's request for comment. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.