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The US government took one step back from self-inflicted economic disaster on Tuesday.

Diamond Sports Group missed its rights payment to the Padres and lost its broadcast rights fees.

A consortium that includes Leeds chairman Andrea Radrizzani has completed its takeover of Italian club Sampdoria. Leeds’ majority shareholder Radrizzani’s company Aser Group and finance company Gestio Capital announced they had concluded a deal to save financially-stricken Sampdoria late on Tuesday night. In a statement released on Sky Sports Italian reporter Gianluca Di Marzio’s social media sites, Radrizzani said: “We are nothing short of thrilled to be able to announce that we have completed the acquisition of this extraordinary club. “The history and coat of arms of Sampdoria are safe and I think my happiness is (for) of all the people who were suffering for these colours. “My thanks at this time go above all to all those people who worked relentlessly to ensure that this agreement found a just conclusion. “And in particular I have to extend a huge thank you to Matteo (Manfredi, Gestio Capital principal) and to the lawyer De Gennaro. “Without them none of this would have been possible. From today we move on…. and I personally can’t wait to get to work.” Radrizzani, who bought Leeds for £45million in 2017, is expected to sell his 56 per cent stake in the Premier League club to American co-owners 49ers Enterprises. The financial arm of NFL franchise the San Francisco 49ers increased its stake in Leeds to 44 per cent at the end of 2021 with a deal in place to buy Radrizzani’s stake and take full control before January 2024. 49ers Enterprises has been reported to be keen to complete a takeover this summer, but the deal was contingent on Leeds remaining in the Premier League and it remains to be seen how relegation will affect a possible change of ownership at Elland Road. Leeds’ three-year stay in the top flight was ended on Sunday when they lost 4-1 to Tottenham at Elland Road in their last game of the season. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live

Goldman Sachs Group Inc. is considering another round of job cuts amid a muted dealmaking environment that has

The nation is days away from defaulting on its obligations. The Republican House speaker, pushed by conservatives in his party, demands deep spending cuts. The president, a Democrat, works on negotiating a package to avert a fiscal calamity.

Messer SE has sealed an investment from GIC Pte that values the industrial gas maker at more than

Mercuria Energy Group’s ship-fueling business Minerva Bunkering started deliveries in Egypt, becoming the first international service to enter

Italy’s Serie A is planning to sidestep private equity firms in favor of developing and selling its own

Nevada lawmakers questioned whether a proposal to subsidize a new MLB stadium with tax credits and bonds would further jolt Las Vegas’ economy, or serve as a handout for a big business that could strain government resources

The next generation of alternative, so-called carbon neutral fuels were the center of attention on and off the

A long-awaited proposal to finance a Major League Baseball stadium on the Las Vegas Strip is scheduled for its first public hearing at the Nevada Legislature

Binance tapped Richard Teng to head all its regional markets outside of the US, a swift and steady