Brooklyn Nets star Kevin Durant starts $200 million SPAC
CBSN
Most sports fans know Kevin Durant as an outstanding basketball player for the Brooklyn Nets, but the two-time NBA championship winner is also on a different team — off the court.
Durant and his longtime manager Rich Kleiman have launched a special-purpose acquisition company, or SPAC, according to documents filed Wednesday with the Securities and Exchange Commission. In the filing, Durant is listed as co-CEO for Infinite Acquisition, which plans to go public by merging with a company in the sports, health, food tech, ecommerce or cryptocurrency sector.
The SPAC intends to go public under the ticker symbol "NFNT" and is seeking up to $200 million in investments from new shareholders. Durant and Kleiman didn't name a specific entity they are targeting for a merger.
Senate Democrats to unveil package to protect IVF as party makes reproductive rights push this month
Washington — A group of Senate Democrats is set to unveil a new package to protect access to IVF on Monday, as the party makes a push around reproductive rights this month — two years after the Supreme Court overturned Roe v. Wade.
Days off do not exist for Katie Ledecky. "I swim nine to ten times a week, for two hours at a time," she said. By her own estimate, Ledecky swims up to 70,000 meters – roughly 43 miles – each week, as she gears up for the Paris Olympics next month. And if that isn't enough, after hitting the pool, she hits the weights.