Indian Sugar Stocks Surge on Tight Supply, Festive Demand 
ING Says Yen Is 20% Undervalued Against Dollar 
Trump Buys SpaceX Shares After Record IPO 
Nvidia Options Price in $280 Billion Earnings Swing 
FAA to Pause Reagan National Airport Flights for Freedom 250 IndyCar Race 
Ampol Profit Surges as Refining Margins Hit Record Highs 
Republican Lawmakers Urge National Guard Role for World Cup Drone Security 
China EV Stocks Slide as Door Handle Recall Hits 4.3 Million Vehicles 
Alibaba Raises $10.2 Billion to Expand AI Infrastructure 
UK Economy Shows Strength as Burnham Gets Early Boost 
Asian Currencies Slip as Dollar Rebounds on Iran Sanctions 
Apple Cuts Over 200 Siri, Vision Pro Jobs in AI Shift 
Xiaomi Unveils Xring O3 Chip for Flagship Foldable Phone 
China opens new Arctic trade route – but obstacles will prevent its wider use 
Trump’s U.S. Open Visit Delays Final, Fans Face Long Security Lines 
Los Angeles World Cup Security Plans: No ICE Immigration Enforcement at FIFA 2026 Matches, Officials Say 
Add as a preferred source on Google
Former Disney chief executive Bob Iger expressed interest in buying the National Basketball Association’s (NBA) Phoenix Suns, if the NBA franchise becomes available.
The ongoing investigation of Suns’ incumbent majority owner, Robert Sarver, could lead to the sale of the franchise, which Forbes most recently valued at US$1.8 billion.
A media outlet reported that although there have been no formal talks yet, Iger is interested in bidding for the Suns.
Sarver is accused of racism and misogyny within the franchise, as recently reported by ESPN.
According to allegations, Sarver created a toxic work environment within the organization by repeatedly using racially insensitive language and promoting misogynistic conduct.
New York law firm Wachtell Lipton is leading the investigation.
Lipton looked into similar allegations made against former Los Angeles Clippers owner Donald Sterling that resulted in the sale of the franchise in 2014 to former Microsoft CEO Steve Ballmer for US$2 billion.
The 70-year-old Iger served as Disney CEO from 2005 to 2020 before stepping down to become executive chairman. He is set to leave his current position upon the expiration of his contract at the end of 2021.
