Fracking Company Founded by Trump's Energy Chief Predicts a Shale Slowdown
Chief Executive Officer Ron Gusek, who took took the helm at Liberty when Wright was confirmed to President Donald Trump's cabinet earlier this year, gave his latest view Thursday at the Super DUG Conference & Expo in Texas.
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Newsweek
18 hours ago
- Newsweek
F1 Owner Expands Motorsport Empire with MotoGP Takeover
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The owner of Formula One, Liberty Media Corporation, confirmed on July 3 that it has completed the purchase of MotoGP rights holder Dorna Sports. Apart from F1, Quint, and other minority investments, the American organization now lists MotoGP as a subsidiary. Liberty Media, a renowned player in the sports, media, and entertainment sector, acquired 84 percent of Dorna. The remaining 16 percent is held by the MotoGP management. The news arrives days after Newsweek Sports reported that Liberty Media was granted unconditional approval for the acquisition of Dorna for a reported $4.4 billion. Confirming the transaction, MotoGP stated: Team Ducati Lenovo Team's Marc Marquez (R) leads the race at the start of the MotoGP Aragon Grand Prix at the Motorland circuit in Alcaniz, northeastern Spain, on June 8, 2025. Team Ducati Lenovo Team's Marc Marquez (R) leads the race at the start of the MotoGP Aragon Grand Prix at the Motorland circuit in Alcaniz, northeastern Spain, on June 8, 2025. JOSE JORDAN / AFP/Getty Images "Liberty Media Corporation ("Liberty Media") (Nasdaq: FWONA, FWONK, LLYVA, LLYVK) and Dorna Sports, S.L. ("Dorna"), the exclusive commercial rights holder of the MotoGP™ World Championship ("MotoGP"), announced today that Liberty Media has completed its acquisition of Dorna. "Following transaction close, Liberty Media's Formula One Group is composed of its subsidiaries Formula 1, MotoGP, and Quint, and other minority investments." The takeover of MotoGP was supposed to conclude last year, but given the high-profile nature of the acquisition, the deal was under the European Union's lens, which carried out an investigation to understand the deal's impact on broadcasters and streaming platforms, especially given that two motorsport giants, F1 and MotoGP, would belong to a common owner. Following the European Union's approval, Carmelo Ezpeleta, CEO of Dorna, who will continue to manage MotoGP, said in a statement: "We are very happy that the European Commission has approved the transaction. This is an important milestone confirming the even brighter future that lies ahead for MotoGP. "MotoGP is one of the most thrilling sports on Earth, and we look forward to accelerating the sport's growth and expanding its reach to even more fans around the world. Liberty is the best possible partner for our sport and the entire MotoGP community, and we are excited to create even greater value for our fans, commercial partners and everyone competing." Liberty Media President and CEO, Derek Chang said: "Today's approval from the European Commission marks the final condition to closing Liberty's acquisition of MotoGP. We are thrilled to officially commence Liberty's partnership with Carmelo and his excellent management team. "MotoGP is a highly attractive premium sports asset with incredible racing, a passionate fanbase and a strong cash flow profile. We believe the sport and brand have significant growth potential, which we will look to realize through deepening the connection with the core fan base and expanding to a wider global audience." Considering the success F1 has witnessed since its acquisition by Liberty Media in 2017, and its expansion into new markets such as America, one could expect MotoGP to grow in a similar manner.
Yahoo
a day ago
- Yahoo
Algonquin Power & Utilities Corp. Announces Date for Second Quarter 2025 Financial Results and Conference Call
OAKVILLE, Ontario, July 03, 2025--(BUSINESS WIRE)--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) ("AQN") today announced plans to release its second quarter 2025 financial results on Friday, August 8, 2025, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, August 8, 2025, hosted by Chief Executive Officer, Rod West, and Interim Chief Financial Officer and Vice President of Investor Relations, Brian Chin. Conference call details are as follows: Date: Friday, August 8, 2025 Time: 8:30 a.m. ET Conference Call: Toll Free Dial-In Number 1 (800) 715-9871 Toll Dial-In Number 1 (647) 932-3411 Conference ID 8782985 Webcast: Presentation also available at: About Algonquin Power & Utilities Corp. and Liberty Algonquin Power & Utilities Corp., parent company of Liberty, is a diversified international generation, transmission, and distribution utility. AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN's common shares, preferred shares, Series A, and preferred shares, Series D are listed on the Toronto Stock Exchange under the symbols AQN, and respectively. AQN's common shares and Series 2019-A subordinated notes are listed on the New York Stock Exchange under the symbols AQN and AQNB, respectively. Visit AQN at and follow us on @AQN_Utilities. View source version on Contacts Investor Inquiries: Alison HolditchManager, Investor RelationsAlgonquin Power & Utilities Corp.E-mail: InvestorRelations@ Telephone: (905) 465-4500Media Inquiries: Stephanie BoseSenior Director, Corporate CommunicationsAlgonquin Power & Utilities Corp.E-mail: Telephone: (905) 465-4500
Business Wire
a day ago
- Business Wire
Algonquin Power & Utilities Corp. Announces Date for Second Quarter 2025 Financial Results and Conference Call
OAKVILLE, Ontario--(BUSINESS WIRE)--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) ('AQN') today announced plans to release its second quarter 2025 financial results on Friday, August 8, 2025, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, August 8, 2025, hosted by Chief Executive Officer, Rod West, and Interim Chief Financial Officer and Vice President of Investor Relations, Brian Chin. Conference call details are as follows: About Algonquin Power & Utilities Corp. and Liberty Algonquin Power & Utilities Corp., parent company of Liberty, is a diversified international generation, transmission, and distribution utility. AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN's common shares, preferred shares, Series A, and preferred shares, Series D are listed on the Toronto Stock Exchange under the symbols AQN, and respectively. AQN's common shares and Series 2019-A subordinated notes are listed on the New York Stock Exchange under the symbols AQN and AQNB, respectively. Visit AQN at and follow us on @AQN_Utilities.
