Reggie Bush to Be Stripped of His Heisman Trophy

A report on Yahoo Sports says the ex-USC running back will become the first Heisman Trophy winner to lose the award in the trophy's 75-year history.

The Heisman Trophy Trust has been investigating improper benefits Bush, now a member of the NFL's New Orleans Saints, allegedly received during his Heisman-Trophy season in 2005. Sources tell Yahoo the inquiry will result in the organization vacating Bush's award and leaving the 2005 Heisman Trophy vacant.

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Stake of eBay in Craigslist restored after triumphant court decision

The world’s largest online auction website, eBay, just announced late this afternoon that a Delaware Court ruled in favor for the company in a lawsuit that involved the dilution of its investment in rival company Craigslist.

The lawsuit was initiated in 2008, and alleged majority Craigslist stockholders, and the company founders Mr. Buckmaster and Mr. Newmark, unlawfully undertook transactions that unfairly diluted eBay’s minority share in Cragslist.

eBay Inc. made an initial investment in the classifieds giant in August of 2004, although the terms of the deal were not disclosed, other than the fact that eBay earned a marginal 25-percent stake in the company after buying out the shares of an exiting executive.

eBay says the ruling today restores the firms investment in Craigslist and preserves value to eBay shareholders.

eBay now currently holds a non-controlling 28.4-percent total stake in the company.

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