5news.U.S. news, all in one place

BREAKING

› Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell › Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials › Podcast: One country musician is calling for other artists to oppose assault rifles › Bidets save you money and reduce waste — we tested the best options out there › 50+ products to make your life easier and our planet cleaner › Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love › A head-to-toe guide of how men should dress this spring, and where they should shop › 42 of the most useful travel products you can buy on Amazon › The 7 best high-yield savings accounts of April 2023 › Taxes are due tomorrow. Here's how to file for an extension › Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell › Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials › Podcast: One country musician is calling for other artists to oppose assault rifles › Bidets save you money and reduce waste — we tested the best options out there › 50+ products to make your life easier and our planet cleaner › Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love › A head-to-toe guide of how men should dress this spring, and where they should shop › 42 of the most useful travel products you can buy on Amazon › The 7 best high-yield savings accounts of April 2023 › Taxes are due tomorrow. Here's how to file for an extension

Business

Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says

CNBC · August 12, 2026 at 12:59 PM

Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says

Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter's stake in Los Angeles Lakers at valuation of more than $12 billion.

Read the full article on CNBC ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

This story in other outlets

Bob Iger and Josh Kushner to purchase the Los Angeles Lakers

ABC News · 4 h ago

Who Is Joshua Kushner, the New Lakers Co-Owner?

The New York Times · 4 h ago

Lakers to be sold to Bob Iger and Josh Kushner for $12 billion

NBC News · 13 h ago

More from CNBC

South Korea’s Kospi has staged a stunning comeback. How long will the bull market last?

CNBC · 13 min ago

‘Hormuz remains blocked’: Iran disputes Trump claims as traffic sinks to near 3-month lows

CNBC · 15 min ago

Stock futures are little changed as traders await more inflation data: Live updates

CNBC · 21 min ago

This Chinese firm has topped Micron and Kioxia in shipments of crucial NAND memory chips

CNBC · 2 h ago

More in Business

South Korea’s Kospi has staged a stunning comeback. How long will the bull market last?

CNBC · 13 min ago

‘Hormuz remains blocked’: Iran disputes Trump claims as traffic sinks to near 3-month lows

CNBC · 15 min ago

Stock futures are little changed as traders await more inflation data: Live updates

CNBC · 21 min ago

This Chinese firm has topped Micron and Kioxia in shipments of crucial NAND memory chips

CNBC · 2 h ago

Goldman says Japan's $1 trillion of reserves leaves 'plenty of capacity' for further yen interventions

CNBC · 3 h ago

South Korea's Kospi swings from bear to bull-market territory in just over a month on AI trade

CNBC · 3 h ago