The Big East Tournament Returns to Madison Square Garden
Val Ackerman, commissioner of the Big East Conference, discusses the Big East Tournament's return to Madison Square Garden. The tournament is in its 36th year at MSG.
Ackerman says despite the ACC Tournament coming to Barclays Center in Brooklyn last year, the Big East Tournament actually had its best year in 2017. Ackerman says it's a bonanza for basketball fans.
Addressing the pay-for-play scandal enveloping the NCAA, Ackerman believes athletes should not be compensated but should also have the opportunity to go directly from high school to the NBA.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.