Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Trump Attends Super Bowl Amid Cheers, Boos, and Political Divide 
Hyundai Motor Lets Russia Plant Buyback Option Expire Amid Ongoing Ukraine War 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
JD Vance to Lead U.S. Presidential Delegation at Milano Cortina Winter Olympics Opening Ceremony 
Dollar Steady as Fed Nomination and Japanese Election Shape Currency Markets 
‘The geezer game’ – a nearly 50-year-old pickup basketball game – reveals its secrets to longevity 
LA28 Confirms Olympic Athletes Exempt from Trump’s Travel Ban 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
US Reviewing Visa Denial for Venezuelan Little League Team Barred from World Series 
Trump Urges Hall of Fame Induction for Roger Clemens Amid Renewed Debate 
Trump Signs Executive Order Targeting Big-Money College Athlete Payouts 
Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows 
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services 
Native American Groups Slam Trump’s Call to Restore Redskins Name 
Nike founder Phil Knight has offered over US$2 billion to Paul Allen Trust for the purchase of the Portland Trail Blazers basketball team, according to a report by ESPN.
The Portland-born billionaire stepped down as chairman and chief executive of Nike in 2016.
The Paul Allen Trust is part of an investment group that also includes Los Angeles Dodgers part-owner Alan Smolinisky.
According to ESPN, Knight and Smolinisky have discussed a prospective takeover with the NBA league office.
The Trail Blazers acknowledged the Knight group's written offer, but reiterated that "the team remains not for sale."
Last year, Forbes valued the Blazers at $2.05 billion.
Since the franchise's previous owner died in October 2018, the Paul Allen Trust has been in charge of it. Allen's sister, Jody, took over the trust and its affairs.
Knight, like Silver, is said to want to keep the Blazers in Portland, a city with which he has strong ties.
Last week, NBA commissioner Adam Silver stated that the Blazers will have to be sold "at some point," but that no timetable for such a sale has been set.
