Private equity mogul William Chisholm agreed to buy the Boston Celtics on Thursday in a deal that values the NBA’s reigning champions and the most-decorated franchise in league history at a minimum of $6.1 billion US — the largest price ever for American professional sports team. If the deal is approved by the NBA’s board of governors this summer, the sale would top the $6.05 billion paid for the NFL’s Washington Commanders in 2023. A Massachusetts native and graduate of Dartmouth College and Penn’s Wharton School of business, Chisholm isRead more
European Union leaders said on Thursday that they will continue to support Ukraine, but they did not immediately endorse a call by Ukrainian President Volodymyr Zelenskyy to approve a package of at least five billion euros ($7.8 billion Cdn) for artillery purchases. “We need funds for artillery shells and would really appreciate Europe’s support … as soon as possible,” Zelenskyy told the EU leaders meeting in Brussels via video link. Arriving at the summit in Brussels, the bloc’s foreign policy chief Kaja Kallas had also called on leaders to match words ofRead more
As Liberal Leader Mark Carney prepares to be sworn in as prime minister on Friday, the makeup of his cabinet is becoming clearer. (Sean Kilpatrick/The Canadian Press) Public Services and Procurement Minister Jean-Yves Duclos and former Liberal leadership candidate Karina Gould will not be in Mark Carney’s cabinet, sources tell CBC News. But sources with knowledge of the decision told CBC News that Carney has invited another former leadership rival, Chrystia Freeland, to become transport minister. Staunch carbon tax defender and Environment Minister Steven Guilbeault is also being shuffled into a newRead more
Prime Minister Justin Trudeau issued a farewell message to Canadians Thursday as he marks his last full day in office. In a 30-second video posted to X, Trudeau says he’s proud to have served a country full of people who stand up for what’s right, rise to every occasion and “always have each others’ backs when it matters most.” Liberal Leader Mark Carney will be sworn in as Canada’s 24th prime minister at a ceremony at Rideau Hall in Ottawa on Friday after Trudeau’s formal resignation. Trudeau says that whileRead more
Despite initiating Europe’s worst war since Hitler and having the blood of hundreds of thousands on his hands, Russia’s Vladimir Putin is not a leader known for making big decisions quickly. More often than not over his long tenure at the top of Russia’s power pyramid, many analysts believe Putin prefers to delay and defer rather than act decisively. And so, when Putin’s answer finally came Thursday as to whether he would agree to a U.S.-backed Ukrainian proposal for a 30 day ceasefire, it was characteristically non-committal. “We agree with the proposals toRead more
King Charles bestows a new ceremonial sword to the Usher of the Black Rod of the Senate of Canada Gregory Peters with Speaker of the Senate of Canada Raymonde Gagné present at Buckingham Palace. (Aaron Chown/Pool/PA) King Charles presented his Canadian personal attendant and messenger with a new ceremonial sword at Buckingham Palace on Wednesday, a symbolic gesture that carries added meaning as the country stares down U.S. President Donald Trump and his increasingly forceful annexationist taunts. It’s the latest move by Charles, the country’s head of state, to show solidarity with CanadiansRead more
Demonstrators hold signs on Feb. 27 in Washington, D.C., to honour former USAID employees terminated after the Trump administration initiated cuts to the agency. (Chip Somodevilla/Getty Images) A divided U.S. Supreme Court declined on Wednesday to let President Donald Trump’s administration withhold payment to foreign aid organizations for work they already performed for the government, as the Republican president moves to pull the plug on American humanitarian projects around the world. In a 5-4 decision, the court upheld Washington-based U.S. District Judge Amir Ali’s order that had called on theRead more
Montreal Mayor Valérie Plante travelled to Washington D.C. to attend an annual meeting at the White House. But this year, Canadian mayors were prevented from attending the meeting. (Ivanoh Demers/CBC) Montreal Mayor Valérie Plante and St. Catharines, Ont., Mayor Mat Siscoe have been excluded from an annual meeting with White House officials scheduled for Friday amid the ongoing trade war between the U.S. and Canada. The meeting, organized by the Great Lakes and St. Lawrence Cities Initiative, a bilateral coalition of over 244 municipal and regional mayors, will proceed as planned as part of theRead more
Ukrainian President Volodymyr Zelenskyy and European Commission President Ursula von der Leyen speak to the media at the outset of a European Union leaders special summit to discuss Ukraine and European defence in Brussels on Thursday. (Stephanie Lecocq/Reuters) European Union leaders on Thursday committed to working together to bolster the continent’s defences and to free up hundreds of billions of euros for security after U.S. President Donald Trump’s repeated warnings that he would cut them adrift to face the threat of Russia alone. With the growing conviction that they will now have to fend forRead more