SPORTS
Sportico
Michael Jordan agreed to sell his majority stake in the Charlotte Hornets to a group led by Gabe Plotkin and Rick Schnall at a franchise valuation of about 3 billion dollars.
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LOCAL
Portland Press Herald
In June 2023, the Equality Community Center in Portland, Maine announced plans to develop the state's first affordable housing complex specifically designed for LGBTQ+ older adults and their allies. The proposed building would feature 55 units targeted at residents aged 55 and older, with a low-income housing tax credit structure to keep rents affordable. The project addressed a documented gap in housing security for aging LGBTQ+ individuals, who disproportionately lack the family support networks many older adults depend on.
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INDUSTRY
TIME
Apple announced a multibillion-dollar agreement with U.S. chipmaker Broadcom in May 2023 to develop and manufacture 5G radio frequency and wireless connectivity components on American soil. The deal was part of Apple's broader 2021 commitment to invest $430 billion in the U.S. economy over five years and represented a continued push to reduce reliance on overseas semiconductor manufacturing.
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NATIONS
Foreign Policy in Focus
Rare earth mining sits at the center of a growing tension between the green energy transition and environmental protection, since extracting the metals needed for clean technology can devastate ecosystems and water supplies.
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