Reported 6 months ago
Warriors' Steph Curry and Kings' Domantas Sabonis have been voted onto the All-NBA Third Team for the 2023-24 season, with Curry achieving his 10th All-NBA team selection and Sabonis earning his second consecutive nod. Other notable players like Nikola Jokic, LeBron James, and Anthony Edwards were also recognized, while key players such as Jaylen Brown and Tyrese Maxey did not make the cut. The All-NBA teams this season were positionless, with the First Team including Giannis Antetokounmpo and Luka Doncic, the Second Team featuring Kevin Durant and Kawhi Leonard, and the Third Team comprising players like Devin Booker and LeBron James.
Source: YAHOO
Reported 6 months ago
The 1991 action film "Company Business," directed by Nicholas Meyer and starring Gene Hackman and Mikhail Baryshnikov, is available for streaming on Amazon Prime Video. The movie follows retired CIA agent Sam Boyd as he conducts a prisoner exchange with the KGB, only to realize that something is amiss and goes on the run. Viewers can watch "Company Business" on Amazon Prime Video by signing up for a membership, either as part of an Amazon Prime subscription or standalone for Prime Video.
Source: YAHOO
Reported 6 months ago
Former Toronto Maple Leafs coach Sheldon Keefe has been hired by the New Jersey Devils to lead their young team, aiming to transform them into Stanley Cup contenders. Keefe, who had success with the Leafs, will now work with young forwards Jack Hughes and Nico Hischier in New Jersey. The Devils hope that Keefe's coaching style and experience will help improve their team's performance, especially in areas like goaltending that were problematic in the previous season.
Source: YAHOO
Reported 6 months ago
Warriors' Steph Curry and Kings' Domantas Sabonis have been voted to the All-NBA Third Team for the 2023-24 season, with Curry achieving his 10th All-NBA Team selection, setting a franchise record for the Warriors, and becoming the 26th player in NBA history to earn double-digit honors. Other notable players like Giannis Antetokounmpo and LeBron James were featured in the First and Third Teams, respectively, with LeBron James holding the record for the most All-NBA nods at 20.
Source: YAHOO
Reported 6 months ago
New York Knicks' guard Jalen Brunson was named to the All-NBA Second Team for the 2023-24 season, receiving 37 first-place votes and 61 second-place votes for a total of 368 points. He had a standout season, leading the Knicks to success with career-high averages of 28.7 points and 6.7 assists per game. Brunson was just behind Jayson Tatum in points for the First Team, which also included players like Luka Doncic and Giannis Antetokounmpo.
Source: YAHOO
Reported 6 months ago
The NCAA and Power Five conferences have approved a $2.8 billion settlement in three antitrust cases, marking a monumental shift towards direct athlete compensation. The agreement includes back damages, future athlete revenue-sharing, and potential changes to governance, enforcement, and scholarship structures. This move, expected to bring stability to college sports, will see athletes receiving over $15 billion in new compensation over a decade. The settlement allows schools to share revenue with athletes up to a quasi-salary cap, with potential additional costs of $200-$300 million per school over the agreement's duration. The settlement also addresses enforcement, governance, and Title IX issues, with opposition from non-power conferences and calls for a more comprehensive, athlete-focused solution.
Source: YAHOO
Reported 6 months ago
The article from BuzzFeed highlights various personal experiences of individuals realizing they were being scammed, ranging from fake phone calls to fraudulent online schemes. Stories include encounters with scammers posing as police officers, fake office supply companies, bogus contractors, and more. The anecdotes serve as cautionary tales to raise awareness about the deceptive tactics scammers use to trick people into giving away money or personal information.
Source: YAHOO
Reported 6 months ago
The article from BuzzFeed discusses various instances where individuals realized they were being scammed, ranging from fake phone calls claiming emergencies to elaborate online schemes. People shared experiences like receiving counterfeit money orders, falling for fake computer security scams, and encountering fraudulent contractors. The article highlights the importance of being vigilant and cautious in the face of potential scams, urging readers to be aware of deceitful tactics used by scammers.
Source: YAHOO
Reported 6 months ago
Jayson Tatum from the Boston Celtics was selected to the All-NBA First Team for the third consecutive year, marking a significant achievement as the first Celtics player since Larry Bird to achieve this feat. However, his teammate Jaylen Brown was notably snubbed from the All-NBA teams despite his strong performance throughout the season. The Celtics are currently in the Eastern Conference Finals and are aiming for their first championship since 2008.
Source: YAHOO
Reported 6 months ago
49ers stars Brock Purdy and Nick Bosa share their reactions to the potential 18-game NFL season. Purdy is open to the idea but suggests adding a second bye week for better rest, while Bosa expresses skepticism and questions the need for additional games, preferring the current 16-game format. Both players acknowledge the physical and mental toll of a longer season and the mixed reactions within the league, with Bosa also mentioning the need to shorten the offseason program if an 18-game season were to be implemented.
Source: YAHOO
Reported 6 months ago
Singapore maintained its economic growth outlook for 2024, with a forecasted GDP growth of 1% to 3%, citing improving prospects in the US and China despite global risks like geopolitical tensions and diverging monetary policies. The first-quarter expansion was stronger than expected at 0.1%, with year-on-year growth of 2.7%. The government anticipates benefits from US and China growth, robust travel demand, but notes risks from geopolitical tensions and monetary policy desynchronization globally. The Monetary Authority of Singapore kept its policy unchanged, focusing on maintaining exchange rate stability to manage inflation. Singapore faces challenges such as high living costs, talent concerns, and technological disruptions.
Source: YAHOO
Reported 6 months ago
Denver Nuggets MVP center Nikola Jokić, alongside Shai Gilgeous-Alexander and Luka Dončić, headlined the All-NBA teams announced, with Jokić and Gilgeous-Alexander being unanimous first-team selections. The teams also included players like Giannis Antetokounmpo, Jayson Tatum, LeBron James, and Kevin Durant. This selection opens up lucrative contract extension opportunities for players like Dončić and Gilgeous-Alexander, with Dončić potentially signing the richest contract in NBA history.
Source: YAHOO
Reported 6 months ago
Canada Pension Plan Investment Board has reduced its exposure to investments in China to 5% of its assets, down from 10% in 2022, due to higher risks in the country. The fund's CEO mentioned that their strategy in China remains the same, but they are more cautious with their investments. Other Canadian institutional investors are also adjusting their strategies in China amid concerns about economic and policy risks and strained international relations. CPPIB's Asia Pacific investments returned only 0.1% during the fiscal year, with the region now representing 21% of its portfolio, down from 26% two years ago. The fund is expected to become more active in dealmaking over the next 12 months.
Source: YAHOO
Reported 6 months ago
Kansas City Chiefs kicker Harrison Butker delivered a controversial commencement address at Benedictine College, addressing topics such as opposition to abortion, LGBTQ pride, and more, which received mixed reactions. Chiefs quarterback Patrick Mahomes and head coach Andy Reid defended Butker's character while acknowledging disagreements with his views, emphasizing diversity within the team. NFL Commissioner Roger Goodell highlighted the league's acceptance of diverse opinions. Despite the controversy, the Chiefs have faced several off-field issues but remain focused on their goals.
Source: YAHOO
Reported 6 months ago
SpaceX successfully launched the first batch of operational spy satellites for a new U.S. intelligence network from Vandenberg Space Force Base in California. The network, built for the U.S. National Reconnaissance Office in collaboration with Northrop Grumman, aims to enhance the country's surveillance capabilities with hundreds of satellites that can rapidly identify ground targets globally. The deployment marks the beginning of a series of launches planned for 2024 and beyond, showcasing the increasing reliance of militaries and intelligence agencies on satellite technology for various operations, demonstrating the U.S. government's partnership with SpaceX for critical missions.
Source: YAHOO
Reported 6 months ago
Yankees principal owner Hal Steinbrenner expressed concern over the team's current payroll, stating that it is financially unsustainable for them. With a payroll of about $312 million, the third-highest in MLB, Steinbrenner mentioned the need to reduce costs as several contracts expire at the end of the season, freeing up over $50 million. Despite this, he emphasized the importance of balancing veteran players' salaries with investments in player development, indicating that the team may not surpass the $300 million mark in the future. This financial situation could impact the Yankees' pursuit of players like Juan Soto, although they have young talent in their system to help fill roster spots.
Source: YAHOO
Reported 6 months ago
Nvidia's stock soared after the company's bullish sales forecast exceeded expectations, with second-quarter revenue projected at $28 billion, surpassing analyst predictions. The growth in Nvidia's data-center division contributed to the positive results, reinforcing the company's position as a leader in AI spending. CEO Jensen Huang expressed excitement about a new industrial revolution, leading to a 9.3% rise in the stock price and a significant increase in Nvidia's valuation. The company also announced a stock split and dividend increase, further boosting investor confidence in Nvidia's future prospects.
Source: YAHOO
Reported 6 months ago
Ahead of Costco's earnings report, TheStreetAnalyst updated the stock price target, with Loop Capital raising it to $840 from $820 and Bank of American Securities stating that Costco remains well-positioned despite slight reductions in comp estimates due to inflation. The company's recent strong financial performance includes a 7.1% rise in April sales to $19.8 billion, with a 15% growth in e-commerce business. Analysts expect Costco to report earnings of $3.67 per share for the third fiscal quarter, with Oppenheimer raising the price target to $850 from $805.
Source: YAHOO
Reported 6 months ago
Courteney Cox humorously referenced her character Monica Geller from "Friends" by mouthing the famous line, "It's the humidity!" in a playful Instagram clip during her trip to Miami, where she showcased her hair transformation from tamed and sleek indoors to voluminous curls outdoors. Fans of the show reminisced about the episode in which Monica's hair frizzed up due to humidity. Cox has previously joked about her characters' hairstyles, including Monica's humidity hair and Gale Weathers' baby bangs, showing her lighthearted approach to her iconic roles.
Source: YAHOO
Reported 6 months ago
The article discusses how oil prices have dropped to their lowest levels since February due to a combination of weakening physical market conditions and a slump in stock markets. Factors contributing to the decline include a surplus of oil supplies, uncertainties in global economic outlooks, and concerns over US monetary policy. The article also mentions that the OPEC+ alliance is expected to extend output cuts into the second half of the year.
Source: YAHOO
Reported 6 months ago
Xiaohongshu, a Chinese app, has become a lifestyle bible for high-income earners in China, particularly among young female professionals, with 300 million monthly active users. The app, founded in 2013 and valued at $20 billion, combines influencer content, artificial intelligence technology, and soft marketing tactics to attract users seeking beauty and lifestyle products. Xiaohongshu's success is attributed to its "content seeding" strategy by key opinion leaders, and it has garnered a $6 billion fortune for its co-founders.
Source: YAHOO
Reported 6 months ago
Xiaohongshu, a Chinese app, has gained popularity among wealthy Gen Z women for lifestyle and beauty content, with influencers like Teresa Cheung driving high sales through live streams. Founded in 2013, the app has defied government crackdowns and achieved a $20 billion valuation with investments from Alibaba and Tencent. With 300 million monthly users, Xiaohongshu's success lies in content seeding by KOLs and personalized recommendations, attracting young female professionals and luxury brands. Despite challenges in the competitive e-commerce space and delayed IPO plans, the app's unique offerings and user loyalty position it well for continued growth.
Source: YAHOO
Reported 6 months ago
Nvidia has announced a 10-for-1 stock split, with shares reaching $1,000 as the company capitalizes on the AI boom it has been leading. The stock hit an all-time high on Thursday after closing at $949.50 the day before. The split, effective June 7, 2024, will see each Nvidia share valued at $94.95. Additionally, the company raised its dividend by 150% to $0.10 per share. Nvidia's first-quarter revenue of $26 billion, up 262% from a year ago, surpassed estimates, and the company provided a strong second-quarter revenue forecast of $28 billion. CEO Jensen-Huang emphasized Nvidia's role in the AI revolution, positioning the company as a leader in accelerated computing. Stock splits have been a trend this year, with other companies like Chipotle and Walmart also announcing similar moves.
Source: YAHOO
Reported 6 months ago
Caleb Williams and Rome Odunze, the Bears' top picks in the 2024 NFL Draft, have not yet signed their rookie contracts, but this delay is common for rookies and teams as they negotiate deals within the allocated money from the rookie contract pool set each season. While only two of the top-10 draft picks have signed contracts so far, projections suggest Williams and Odunze will sign for around $39.4 million and $22.7 million, respectively, with fully guaranteed contracts as first-round picks. Negotiations may involve guaranteed money and performance incentives related to playing time, but there is no cause for concern unless they remain unsigned heading into training camp in mid-July.
Source: YAHOO
Reported 6 months ago
The Department of Justice, joined by 29 states and the District of Columbia, has filed an antitrust lawsuit in New York calling for Live Nation to be broken up due to allegations of illegal monopolization in the live concert industry. The lawsuit claims Live Nation has used its power to stifle competition, exploit relationships with venue companies like Oak View Group, and threaten venues working with rival companies. Lawmakers, including Amy Klobuchar and Elizabeth Warren, have voiced support for breaking up Live Nation, citing concerns about high ticket prices, fees, and lack of competition. Live Nation has denied the allegations, stating that the suit ignores the realities of the live entertainment market and would not address the issues fans care about.
Source: YAHOO