Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.
If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back page entertainment. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries.
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Kevin Cirilli and
President-elect Donald Trump exulted in his surprise victory over Democrat Hillary Clinton, mocking critics who said before the election that polls showed he had no path to the White House.
"We won in a landslide. That was a landslide," Trump said Thursday at a victory rally in Cincinnati, the first of what he said would be about 10 stops on a "Thank You Tour" to celebrate his win.