(KNOX) – Former New York City Mayor and billionaire media mogul Michael Bloomberg has joined the investor group headed by Marc Lore and Alex Rodriguez who are seeking to acquire a majority stake in the NBA’s Minnesota Timberwolves.
Bloomberg, who built his fortune on Wall Street financial data It’s a major coup for Lore and Rodriguez, who are locked in a battle with current T-Wolves majority owner Glen Taylor over control over the team.
A spokesperson for Lore confirmed Bloomberg’s participation in the investment group.
If Lore and A-Rod succeed in wresting control of the T-Wolves from Taylor, Bloomberg will wind up with about a 10% ownership stake in the team.
EERC Layoffs Due to Funding Issues
(KNOX) - Layoffs and furloughs have been announced at the Energy and Environmental Research Center at the University of North Dakota. The reason given for the reductions are delays in funding for both research and projects, according to David Dodds, ...
May 08, 2026
Grand Forks Still In Line for Theatre Remodel
(KNOX) - Odyssey still has eyes of opening up shop in the former AMC Theater in Grand Forks. The company says delays with renovations in other markets have impacted the local project. In a Facebook post Odyssey Cinemas says the goal of bringing a &qu...
May 07, 2026
NDHP Identifies Driver Killed in Nelson County Crash
(KNOX) - The North Dakota Highway Patrol has identified a 93 year old man who died in a two vehicle crash in Nelson County on Friday. Authorities say Leonard Aamot failed to yield to an oncoming vehicle and his car was struck in a T-bone type of coll...
May 11, 2026
Spring Clean-Up Week On in Grand Forks
(KNOX) - A lot of Grand Forks homeowners spent the weekend cleaning out garages and attics in preparation for Spring Cleanup Week. (May 11-15) Residents can place extra items out on berms and city crews will haul the trash away for free. Grand Forks...
May 11, 2026
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