Charmed actress Alyssa Milano can often be found in the stands, cheering on Los Angeles's Dodgers, Lakers and Kings. And in a down economy, she's racked up some key wins for Touch, her line of women's sports apparel. She recently discussed the business with DailyFinance.
Earvin "Magic" Johnson, the former basketball star, has made his second big divestment in less than a week. After selling his 5% stake in his former team, the Los Angeles Lakers, Johnson has also sold his 50% stake in 100 urban Starbucks stores.
In addition to the potential to make any team a contender, the fervent courting of basketball superstar LeBron James also has a less emotional, more pragmatic reason: He's sure to bring his new home city plenty of cold, hard cash.