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The Fed's Latest Policy Decision, Tesla's Record Run, and Shell's Dividend Boost 6/14/23

Morning Call

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Sheikh Jaseem Al-Tani's Bid for Manchester United Could Become the Biggest Sporting Deal in History

Rumors that Qatari businessman and the former board member of Credit Suisse, Sheikh Jaseem Al-Tani, may have been successful in getting that bid for Manchester United. Sir Jim Radcliffe is also a front runner to take on a 60% share of Manchester United with a 40% stake still owned by the current owners, the Glazers. A U.S. federal judge is putting a temporary hold on Microsoft's $75 billion deal for Activision Blizzard,. Shell says it's increasing its dividend by 15% and boosting production of natural gas as its newly minted CEO looks to refocus its business on fossil fuels.

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