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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Orthodox Christians gather with lit candles during the Holy Fire ceremony at the Holy Sepulchre church, on May 1, 2021.
Photographer: Ahmad Gharabli/AFP/Getty Images
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Jerusalem (AP) -- Christians celebrated their “Holy Fire” ceremony at the Church of the Holy Sepulchre in Jerusalem on Saturday against a backdrop of rising tensions with Israel, which imposed new restrictions on attendance this year that it said were needed for safety.