LOS ANGELES (AP) — The NBA imposed a sweeping punishment against the Los Angeles Clippers on Wednesday for violating salary cap circumvention rules, suspending owner Steve Ballmer for one year, fining the team $30 million and forcing it to forfeit five first-round draft picks. Also, ...
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Stocks closed broadly lower Tuesday as another round of U.S. military strikes on Iran sent oil prices higher, stoking worries about stubbornly high inflation. A bond market sell-off deepened, putting more pressure on stocks. The S&P 500 index fell 0.7%. The Dow Jones Industrial Average ...
ANAHEIM, Calif. (AP) — Kroenke Sports and Entertainment has reached a deal to purchase controlling ownership of the Los Angeles Angels from Arte Moreno, expanding its sprawling empire of teams across every major U.S. professional sport with the addition of the beleaguered baseball club. The ...
Apple's new CEO John Ternus takes the helm of the iconic tech giant on Tuesday, ending Tim Cook's 15-year tenure during which the company's value skyrocket to $4.6 trillion thanks to the iPhone's enormous popularity. The transition to a new CEO comes at a pivotal time for Apple. Artificial ...
Of the child safety measures agreed to in Meta's landmark legal settlement, no category contains more detailed requirements than its commitments on age assurance — and for good reason. No matter how well the protections work, they are of little use if Meta can't tell which users are ...
