Newsletter Apr 12, 2023
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Markets
DJIA 33,684.79 0.29%
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Japan: Nikkei 225 27,923.37 1.05%
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* As of market close

 
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Biden selects Chicago to host 2024 DNC

President Joe Biden picked Chicago to host the 2024 Democratic National Convention, tapping a large liberal city in the heart of the Midwest to hold what could be his nominating party, officials said on Tuesday. Chicago beat out New York, another progressive city, as well as Atlanta, a city in the presidential battleground state of Georgia that helped Biden win the White House and gain control of the Senate in 2020. Houston was also eliminated earlier in the selection process.

SEE THE DEMOCRATS' STRATEGY BEHIND PICKING CHICAGO



Manhattan DA sues Jordan over Trump case

Manhattan District Attorney Alvin Bragg on Tuesday sued House Rep. Jim Jordan, R-Ohio, to stop what he called an "unconstitutional attack" on the ongoing criminal prosecution of former President Donald Trump in New York. The lawsuit aims to block a subpoena of Mark Pomerantz, a former prosecutor who had led the investigation of Trump. The subpoena, issued last week by the House Judiciary Committee, which Jordan chairs, seeks Pomerantz's appearance before the committee.

SEE BRAGG'S CHOICE WORDS FOR JORDAN IN TRUMP CASE.


Air Jordans sell for record $2.2M at auction

A pair of sneakers worn by NBA superstar Michael Jordan sold for $2.2 million on Tuesday, setting a record at auction for game-worn sports footwear, Sotheby's announced. Jordan wore the "Bred" Air Jordan 13s during Game 2 of the 1998 NBA Finals on the way to his sixth and last NBA championship. The online sale cements Jordan's position as the most valuable athlete at auctions for sportswear memorabilia. It broke his own record of $1.5 million for sneakers, set in September 2021.

SEE HOW MUCH THE NBA GREAT IS MAKING ON MEMORABILIA


Sports biz

What piece of sports memorabilia fetched the highest price at auction?

Tuesday's answer: Former U.S. President and Tennessee Governor James K. Polk is buried at the Tennessee State Capitol in Nashville.

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