With athletes in America's biggest sports leagues raking in salaries worth $300 million and more, is it time to reign in the big spending or do superstars deserve the big bucks they make?

Saturday, December 14, 2019 12:32 pm EST

Animal rights activists have repeatedly called for college sports teams to stop using real animals as their mascots. Are these complaints fair or an overreaction?

Monday, December 2, 2019 11:17 am EST

Has the U.S. women's soccer team done enough to warrant salaries that match their male counterparts? The 360 gives you all the angles on heavily-debated topics in the news.

Wednesday, July 10, 2019 1:46 pm EDT

The former “Daily Show” host is serving as the host and emcee of this week’s 2019 Department of Defense Warrior Games in Tampa, where about 300 wounded, ill or injured active-duty and veteran military athletes are competing in 14 adaptive sports.

Wednesday, June 26, 2019 8:55 am EDT

President Trump said he's considering imposing a two-week quarantine on New York. Meanwhile the FDA approved a fast new coronavirus test.

Saturday, March 28, 2020 3:59 pm EDT

(Bloomberg) -- Russian oil giant Rosneft PJSC sold its assets in Venezuela to the Russian government, in what may be a maneuver to avoid any U.S. sanctions in an escalating fight between Caracas, Washington and Moscow.Rosneft is selling local production, service and trading assets to a state-owned company, it said in a statement. The move is to protect shareholders’ interests, according to a company spokesman.The U.S. slapped sanctions on a unit of Rosneft in February for operating in Venezuela. President Donald Trump is trying to oust Venezuelan President Nicolas Maduro, who is clinging to power in the oil-rich but increasingly impoverished nation.The fight over Venezuela fits into a much larger geopolitical battle between Trump and Vladimir Putin, with both turning to oil as the weapon of choice. Russia’s decision to all but abandon the OPEC+ alliance earlier this month was seen as part of its strategy to weaken the U.S. shale industry.That move prompted Saudi Arabia to launch a price war which has pushed crude to about $20 a barrel, threatening U.S. shale producers, as well as the budgets of oil producing nations.The assets sold include Rosneft’s stakes in local upstream companies Petromonagas, Petroperija, Boqueron, Petromiranda and Petrovictoria, as well as oil-service, commercial and trading units.It is unclear from Rosneft’s statement what will happen to the business in Venezuela. The Kremlin declined to comment.The Russian Federation controls Rosneft with just over 50% of its shares, while BP Plc is the second-largest shareholder with 19.75%, and Qatar’s QH Oil Investments owns 18.93%.Rosneft has said its oil trading operations in Venezuela are linked to the oil supply deals it reached with the state-owned PDVSA before the U.S. introduced wide-scale penalties for companies and individuals operating in Venezuela’s oil sector in early 2019. For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Saturday, March 28, 2020 3:47 pm EDT

(Bloomberg) -- Russian oil giant Rosneft PJSC sold its assets in Venezuela to the Russian government, in what may be a maneuver to avoid any U.S. sanctions in an escalating fight between Caracas, Washington and Moscow.Rosneft is selling local production, service and trading assets to a state-owned company, it said in a statement. The move is to protect shareholders’ interests, according to a company spokesman.The U.S. slapped sanctions on a unit of Rosneft in February for operating in Venezuela. President Donald Trump is trying to oust Venezuelan President Nicolas Maduro, who is clinging to power in the oil-rich but increasingly impoverished nation.The fight over Venezuela fits into a much larger geopolitical battle between Trump and Vladimir Putin, with both turning to oil as the weapon of choice. Russia’s decision to all but abandon the OPEC+ alliance earlier this month was seen as part of its strategy to weaken the U.S. shale industry.That move prompted Saudi Arabia to launch a price war which has pushed crude to about $20 a barrel, threatening U.S. shale producers, as well as the budgets of oil producing nations.The assets sold include Rosneft’s stakes in local upstream companies Petromonagas, Petroperija, Boqueron, Petromiranda and Petrovictoria, as well as oil-service, commercial and trading units.It is unclear from Rosneft’s statement what will happen to the business in Venezuela. The Kremlin declined to comment.The Russian Federation controls Rosneft with just over 50% of its shares, while BP Plc is the second-largest shareholder with 19.75%, and Qatar’s QH Oil Investments owns 18.93%.Rosneft has said its oil trading operations in Venezuela are linked to the oil supply deals it reached with the state-owned PDVSA before the U.S. introduced wide-scale penalties for companies and individuals operating in Venezuela’s oil sector in early 2019. For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Saturday, March 28, 2020 3:47 pm EDT

The government defends strict lockdown measures that have left millions stranded and without food.

Saturday, March 28, 2020 3:41 pm EDT