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WWE in turmoil as Vince McMahon faces sex scandal

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The WWE, under the leadership of Vince McMahon, is grappling with a major crisis as a sex scandal unfolds, casting doubt on the future of the wrestling empire.

The scandal comes on the heels of a highly-anticipated Royal Rumble event and a recent $5 billion Netflix deal, raising questions about McMahon’s enduring grip on the company.

McMahon, the executive chairman of WWE-parent TKO Group Holdings, is at the center of a lawsuit filed by former employee Janel Grant.

Disturbing claims

The allegations against McMahon include disturbing claims that he defecated on her during a threesome, trafficked her to other WWE executives, and sexually abused her with toys named after wrestling stars.

The lawsuit alleges McMahon instructed Grant to create sexual content on her phone and send it to wrestling star Brock Lesnar, as part of an effort to lure him away from rival UFC.

Lesnar was expected to make a WWE return during the 37th annual Royal Rumble, but these plans may now be in jeopardy.

Despite the allegations, wrestling fans and media personalities believe McMahon is unlikely to be removed due to the terms of his employment contract. This poses a significant challenge for Netflix, which recently signed a 10-year deal with TKO to stream WWE shows and events.

Sexual misconduct allegations

McMahon had previously stepped away from the company while facing separate sexual misconduct allegations, but he returned to WWE with substantial power last year after no disciplinary action was taken following an internal investigation.

TKO has a bylaw stating that McMahon remains the executive chairman until he resigns, becomes incapacitated, or passes away. Media personality Andrew Baydala suggests that McMahon may eventually step down voluntarily, potentially saving Endeavor from paying a significant severance sum.

However, legal experts caution that it is too early to predict the outcome of the lawsuit and whether TKO could terminate McMahon for “just cause.”

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Commercial real estate targeted for producing 40% of global emissions

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Commercial real estate contributes significantly to global emissions, with reports suggesting it makes up to 40% of the total – so is there a solution in sight?

Global strategies are setting out to transform this impact by promoting the development of sustainable buildings.

As climate change continues to be a pressing global issue, the commercial real estate sector must pivot towards more eco-friendly solutions.

One of the most impactful actions that can be taken to mitigate the environmental impact of commercial real estate is the implementation of building automation systems.

Louise Monger, Vice President, Digital Buildings of Schneider Electric, joins to share her key insights into the issue. #featured

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Australia’s electricity grid faces an urgent overhaul as consumption dramatically doubles

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By 2050, AEMO has predicted that Australia’s electricity use will double due to renewable energy and electrification, prompting a necessary overhaul of the country’s aging power grid.

The adoption of renewable energy sources and electrification is set to double Australia’s electricity consumption by 2050.

The fast-adoption has created an urgent need for reconfiguration and enhancement of the nation’s century-old electricity grid.

James Hunt, Pacific Vice President of Power Systems and Services of Schneider Electric joins to discuss. #featured

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House of the Dragon season 2 profits despite review scores

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Viewership Surge: 1 Million Revisit “House of the Dragon” Ahead of Season 2.

 

HBO took a big bet on its “Game of Thrones” spin-off, with one million people rewatching the first season of “House of the Dragon” in the days leading up to the Season 2 premiere, according to Warner Bros. Discovery. However, not all reviews have been glowing. #featured #trending

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