Endeavor, the talent agency and entertainment company led by Ari Emanuel, has agreed to acquire 100% of Ultimate Fighting Championship, according to information contained in a Wednesday afternoon IPO filing.
Background: Endeavor currently has a 50.1% stake in UFC, based on a 2016 deal done alongside private equity firms Silver Lake and KKR.
This is a breaking story and will be updated shortly.
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A recent satellite image of the southwestern portion of the Greenland Ice Sheet shows the existence of cerulean blue pockmarks — phenomena that provide scientists with a worrying message about sea-level rise and the risk of massively consequential changes in ocean behavior.
Why it matters: The melt ponds, rivers and moulins, cracks in the ice where surface water can plummet to where the ice sheet meets bedrock, are a symptom of a summer season that has brought large spikes in melt extent.
Driving the news: The melt ponds and other surface water formations are partly the result of a heavy rainfall event and widespread melting that occurred during mid-August.
Details: On Aug. 14, rain was observed for the first time on record at the National Science Foundation's Summit Station, typically the coldest spot on the world's largest island.
Context: In terms of melt extent, the August 14-16 event was exceptional, but ranked behind another spike this past July, as well as a record event in 2012. It was, however, unusual for its occurrence so late in the season, when colder weather typically starts to set in.
What's next: The rain at higher elevations of Greenland may set the ice sheet up for a "huge" sea level rise contribution next summer, Fettweiss noted, because of the formation of "ice lenses" or "slabs" more than six feet thick at the surface. These would prevent melt runoff from percolating down into the snowpack and expand Greenland's runoff area.
Between the lines: The cause of the warm episode that triggered the rainfall was the combination of a high pressure area southeast of Greenland, which pumped mild southwesterly winds over the icebound island, and a low pressure area over northeastern Canada, which reinforced that air flow.
Senate Majority Leader Chuck Schumer on Monday released the full text of Democrats' $3.5 trillion budget resolution, which the Senate is expected to pass without any Republican votes as early as this week.
Why it matters: Passing the resolution is the first significant step to enacting Democrats' plans to overhaul the country's climate, child care, and health care laws.
Two weeks after Israel's fourth consecutive election, Israeli President Reuven Rivlin on Monday gave the mandate for forming a new government to Prime Minister Benjamin Netanyahu.
Why it matters: Netanyahu's path for forming a coalition is very, very narrow. Although he received the mandate from the president, Netanyahu does not at the moment have a majority in the Israeli Knesset that will allow him to form a new government.
