Fans came to watch Allen Iverson play in the “Big3″ Sunday in Brooklyn, but he spent most of his time on the sideline coaching. Then there was the injury factor — easily the biggest impediment to a league featuring players in their late 30s and 40s. Fifteen years playing in the league, I’ve never done this. “I know the game,” Iverson said. And if Iverson is only going to play token minutes, how long will the league be able to maintain interest?
June 26, 2017 11:51 UTC
Takata's inflators can explode with too much force when they fill up an air bag, spewing out shrapnel. So far 100 million inflators have been recalled worldwide, the largest automotive-related recall in U.S. history. The bankruptcy filings by Takata, founded in 1933 as a textiles maker, prompted the Tokyo Stock Exchange to announce Monday it was delisting the company. Takata already has paid $125 million into a fund for victims and a $25-million fine to the U.S. Justice Department. "We hope the day will come when the word 'Takata' becomes synonymous with 'safety,'" the website says.
Source:Los Angeles Times
June 26, 2017 11:50 UTC
(AP Photo/Vadim Ghirda)MOSCOW — More Russians consider Joseph Stalin the “most outstanding person” in world history than any other leader, according to a poll released Monday. Tied for second in the same survey is the man who has done more than anyone to restore the notorious Soviet dictator's reputation, Russian President Vladimir Putin. The defeat of Nazi Germany is central to the Putin’s regime portrayal of itself as the logical outcome of Russian history. Russia inherited this legacy, and thanks to Putin, it has returned to its proper place as a global power, his supporters say. A Levada poll in May found that the number of Russians who consider Stalin's repressions to be “political crimes” has diminished from 51 percent in 2012 to 39 percent.
June 26, 2017 11:49 UTC
Back to the grind today after (hopefully) a productive week at the Cannes Lions ad fest. Facebook Goes to HollywoodYou’re not a digital player these days unless you’re going after high-quality video content. Inbox ZeroGoogle said it will stop scanning people’s email for keywords in order to deliver more relevant ads to them, WSJ reports. Google, which is trying to sell more technology to businesses, doesn’t scan the emails of its corporate accounts for ad targeting. The company now wants to focus efforts on programmatic ads and its data products.
June 26, 2017 11:48 UTC
HIGHLIGHTS The Outspoken Former Commander in Chief GOP Senators Lay Out Demands Ahead of Health Bill Vote The $1.5 Trillion Business Tax Change Flying Under the Radar Seib Video: Poll Shows Mixed Views on Russia Interference in Election Good morning. Here’s Joshua Jamerson’s morning take. Reach him at Joshua.Jamerson@wsj.com and follow him @joshjame. s AFP/Getty Images The Outspoken Former […]
June 26, 2017 11:37 UTC
Hedge fund star Dan Loeb thinks life could be sweeter for Nestle, the company behind KitKat chocolate bars and Haagen-Dazs ice cream. For example, the Third Point thinks it would be a good idea for Nestle to ditch its U.S. candy business. Nestle declined to comment specifically on the Third Point investment and letter. "As always, we keep an open dialogue with all of our shareholders and we remain committed to executing our strategy and creating long-term shareholder value," Nestle said. Nestle stock has gained over 55% in the last five years.
June 26, 2017 11:37 UTC
"If President Trump gets the opportunity to nominate someone to replace Kennedy, the spotlight will be intense." The most famous example would almost certainly be his controversial 5-4 majority opinion in Citizens United v. FEC (2010). Indeed, Hillary Clinton explicitly campaigned on this, and if she’d been elected and had the chance to replace Kennedy, the Democrats might have seen it happen. But if Donald Trump gets to replace Kennedy, the odds of Citizens United being overturned are far less likely (though not impossible). So if President Trump gets the opportunity to nominate someone to replace Kennedy, the spotlight will be intense.
June 26, 2017 11:33 UTC
Advertisement Continue reading the main storyI’ll try as best as I can to describe what I think literally happens in this week’s episode. Nine Inch Nails reunites for a gig at the Twin Peaks roadhouse, where they play “She’s Gone Away” for about five minutes. If I had to interpret what it means, I’d say that we just witnessed something like the origin story for the modern saga of good versus evil that “Twin Peaks” has been telling since 1990. But as is often the case with the way the universe works in “Twin Peaks,” nothing happened instantaneously. But for the most part, Lynch would probably rather we not engage with this episode with our conscious, puzzle-solving mind.
Source:New York Times
June 26, 2017 11:28 UTC
More specifically, Berkshire Hathaway (BRK.A) is now a 9.8% owner in Scottsdale-based STORE Capital (STOR). Berkshire Hathaway has invested $377 million in STORE. STORE simultaneously issued 18.6 million shares of company stock in a private placement to a wholly owned subsidiary of Berkshire Hathaway at a price of $20.25 per share. Chros Volk, CEO at STORE commented,Berkshire Hathaway's investment solidly positions STORE for continued growth, while adding measurably to our already strong financial position. STORE has intentionally weighted its portfolio heavily to service industries, including restaurants, movie theaters, fitness clubs, early childhood education, veterinary clinics and more.
June 26, 2017 11:27 UTC
Here’s your morning jolt of news, insight and analysis on the global energy business. Send us tips, suggestions and complaints: EnergyJournal@wsj.com. Sign up for this newsletter: http://on.wsj.com/EnergyJournalSignup SHALE BOOM’S IMPACT IN ONE WORD: PLASTICS The U.S. shale oil boom is fueling an expansion of the petrochemical industry and plastics exports, reports The Wall Street Journal.
June 26, 2017 11:26 UTC
Mexico star Javier "Chicharito" Hernandez trained separately from his teammates on Monday because of muscle fatigue, the latest concern for a Mexican team that has been struck by injuries at the Confederations Cup. Coach Juan Carlos Osorio is already certain to be without midfielder Andres Guardado because of a yellow card suspension. When one of Osorio's assistants asked Chicharito about his condition, the player said he was "fine, not a problem." Mexico is trying to win the Confederations Cup for the second time. ———Tales Azzoni on Twitter: http://twitter.com/tazzoni———More AP Confederations Cup coverage: www.apnews.com/tag/ConfederationsCup
June 26, 2017 11:26 UTC
The money for Northern Ireland also raised questions in England at a time of severe budget shortages. "And, will all parts of the U.K. receive the much-needed additional funding that Northern Ireland will get as part of the deal?" It also provides 200 million pounds ($255 million) over two years to better Northern Ireland's health service, 100 million pounds ($127 million) for immediate health needs and education. There will be 100 million pounds over five years for poverty programs and 50 million ($64 million) for mental health programs. Sinn Fein president Gerry Adams said the deal means a continuation of Conservative Party policies.
June 26, 2017 11:23 UTC
This is what brought me to a local film festival this past weekend and found me sitting in the back row of an independent film called The Meaning of Life. They go on a journey together to find out the meaning of life, and although he almost gives up music completely, in the end he learns an important, life-changing lesson that he'll never forget. Although it's a challenge to make an independent film a reality, which Executive Producer Russ De Jong can attest to, it is an invaluable opportunity to bring a beautiful story to life. Whatever your dream might be, as mythologist and writer Joseph Campbell once said, "I don't believe people are looking for the meaning of life as much as they are looking for the experience of being alive." Follow it and you have found the meaning of life.
June 26, 2017 11:15 UTC
TeamSnapSports team management app TeamSnap is about to announce the acquisition of tournament management software company FanAppEvents. Terms of TeamSnap's acquisition of FanAppEvents were not disclosed, but CEO Dave DuPont says that the price was "well into seven figures." While TeamSnap does not have the size of Blue Star Sports, which has allegedly been propped up by a significant equity investment from Genstar Capital in the realm of $250 million, TeamSnap has been busy raising considerable capital itself. In all, TeamSnap has raised a total $47.3 million with involvement from Fairfax Holdings, Northgate Capital and Colorado Impact Fund. TeamSnap currently has roughly 15 million users paying subscription fees that comprise the vast majority of the company's revenue.
June 26, 2017 11:15 UTC
After a grueling 2017, what with the onerous fellowships and the painful book promotion events, it is time for a brief respite. Or, even better, read a book! I know I gave some early summer book recommendations a few weeks ago, but I confess that those were interesting wonk books as opposed to interesting books to bring on vacation. Every year we try to find one book that both of us will read, so we can talk about it with each other. The challenge of agreeing on a common book varies from year to year, but it’s never hard when Allegra Goodman has just written something.
June 26, 2017 11:15 UTC