Cuban, 55, estimated by Forbes magazine to have a net worth of $2.5 billion, is accused by the Securities and Exchange Commission of trading on non-public information when he sold his 600,000 shares, worth $7.9 million and avoided a $750,000 loss in Internet search company Mamma.com in June 2004. General Motors is recalling 1,658 Chevrolet Sonic cars, as potentially faulty strap welds could cause the fuel tank to separate from the car. The recall of 2013 and 2014 model-year cars affects 1,558 cars in the United States and 100 in Canada, most of which are still on dealer lots, GM said. The No. 1 U.S. automaker said it knows of no accidents, fires or injuries related to the issue. Chevron won a request to have a judge rather than a jury decide its case over alleged fraud in an Ecuadorian pollution verdict. U.S. District Judge Lewis Kaplan in Manhattan ruled Monday that the Ecuadorians and their legal adviser, Steven Donziger, dont have a constitutional right to a jury trial because the San Ramon, Calif.-based company isnt seeking damages. Honda, first to sell hybrids in the United States, plans a gasoline-electric lineup overhaul starting with an Accord Hybrid that it says tops Toyota and Ford sedans as it seeks relevancy in this part of the market. The 2014 version of Tokyo-based Hondas flagship sedan goes on sale Oct. 31, with a base price comparable with a V-6 engine version of the Accord, and rated at 50 miles per gallon in city driving.
With the disappointment of not reaching the playoffs for only the second time in 19 seasons, the club will examine every segment of its business to ensure a repeat is not in the near future. This is a look at each piece of the franchise and how it stands following the 2013 campaign. Ownership The Steinbrenners remain the primary owners of the Yankees, but do they have the drive that George did to succeed? Jim McIsaac/Getty Images When George Steinbrenner became principal owner of the New York Yankees in 1973, the team was in the midst of a period where it had won more than 83 games just once in eight seasons. Over the next 37 years (he died in 2010), the team surpassed that total 28 times. With George at the helm of the organization, the team won 11 pennants and seven World Series titles. Willing to do whatever it took to put the best product on the field, Steinbrenner created a legacy of free-spending in the open market. Following his death, George’s sons Hal and Hank assumed control of the organization. It remains to be seen if they inherited their father’s win-at-all-costs mentality or even the same desire to own the team. In May 2012, rumors began that the Yankees might be up for sale . With the Los Angeles Dodgers being acquired for over $2 billion, the assumption was that the Steinbrenners realized it was the time to sell the team, which had been valued at over $3 billion. That type of speculation would never have arisen with George at the top of the Yankees’ tree. Those rumors were slowly put to rest, and when 2013 arrived, Yankees fans had something new to worry about. In an effort to set a budgetary goal under the luxury tax threshold in 2014, Hal Steinbrenner implied that the team would attempt to keep its payroll under $189 million . Given the huge contracts the team already has tied up with Alex Rodriguez , Derek Jeter, CC Sabathia and Mark Teixeira, it would seem that the Yankees will be handcuffed in this offseason’s free agency. How determined the Steinbrenners are with their stated frugality could be the deciding factor as to whether the team competes for a title in 2014. Farm System Gary Sanchez is one of just a handfull of prospects the Yankees have in the minor league system. Nick Laham/Getty Images Part of the Yankees’ transition phase for the 2013-14 offseason will be to restock their minor league system. While the team isn’t completely lacking at levels below the Major League club, it isn’t highly regarded.