MAJOR LEAGUE BASEBALL

U.S. turns up heat on Madoff clan, wants assets

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U.S. prosecutors raised the pressure on jailed swindler Bernard Madoff's family on Tuesday, signaling their intent to ask for $31.5 million from loans to his sons and $2.6 million worth of his wife's jewelry.
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Liberty to lend Sirius $530 million, get 40 percent stake

NEW YORK - Mel Karmazin's Sirius XM Radio Inc won a reprieve from its debt deadlines on Tuesday after Liberty Media Corp agreed to lend $530 million to help the satellite radio provider fend off bankruptcy. In return, Liberty, controlled by cable mogul John Malone, stands to take a controlling 40 percent equity stake in Sirius XM, the second largest U.S. subscription service after cable company...
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J.C Romero won't play for 50 games

Major League Baseball announced Tuesday Phillies reliever J.C. Romero is suspended for the first 50 games of next season after testing positive for a banned substance.
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Major League Baseball signs deal with Medialink

Major League Baseball said on Tuesday it will use a service provided by a joint venture of Medialink Worldwide Inc and the Netherlands' Philips Electronics to track the use of its game broadcast footage more effectively.

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