JD Vance to Lead U.S. Presidential Delegation at Milano Cortina Winter Olympics Opening Ceremony 
RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
Why Manchester City offered Erling Haaland the longest contract in Premier League history 
US Reviewing Visa Denial for Venezuelan Little League Team Barred from World Series 
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure 
From Messi to Mika Häkkinen: how top athletes can slow down time 
Asian Currencies Rally as Dollar Weakens, Trump-Iran Ceasefire Boosts Risk Sentiment 
LA28 Confirms Olympic Athletes Exempt from Trump’s Travel Ban 
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit 
ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock 
First Western Ship Transits Strait of Hormuz Since Iran War Began 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
Australia’s major sports codes are considered not-for-profits – is it time for them to pay up? 
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand 
Asian Stocks Surge as U.S.-Iran Ceasefire Deal and Samsung Earnings Boost Market Confidence 
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO 
The Charlotte City Council approved the Charlotte Hornets’ plans to renovate the 19,000-seater Spectrum Center and build a new practice facility after the NBA team extended their lease until 2045.
The original lease contract is due to expire in 2030.
The city will contribute $215 million from its tourism funds towards the renovations, while the additional $60 million for building the new practice facility will be raised from a future naming rights deal for the entertainment district being developed around Spectrum Center.
Local officials voted ten to one in favor of the funding plans.
The Hornets are set to break ground on a new training facility this summer, which could take up to four years to complete.
The Hornets Sports & Entertainment (HSE) ownership group stated that they are looking forward to continuing to serve as stewards of Spectrum Center to make it the premier sports and entertainment destination in the Carolinas.
