Author: DailyWestern

The NBA hired New York-based law firm Wachtell, Lipton, Rosen & Katz to investigate allegations that Kawhi Leonard’s endorsement deal with a tree-planting company called Aspiration was made to circumvent the Los Angeles Clippers salary cap, sources told The Athletic. Pablo Torre originally reported that Leonard signed a four-year, $28 million deal with Aspiration that contractually required no services. Leonard also had a separate deal to receive $20 million in company stock. Steve Ballmer said he introduced Aspiration to Leonard, though had no knowledge of any endorsement deal. Ballmer then added that he was “conned” by the company. In addition…

FOX Weather is your Hurricane HQ (FOX Weather)Updated Saturday, 11 a.m. ETThe tropical system we’ve been following in the Atlantic – Invest #91L – is trapped in dry and dusty air and has been unable to get organized. In addition, the system’s slow movement has been a negative factor in its potential development.The net result is that the National Hurricane Center has dramatically lowered the odds that the system will develop even into a tropical depression by the time it reaches the vicinity of the Caribbean islands. The odds are now in the low range.Interestingly, the system is producing more…

The political messaging on Chicago crime is messy. President Donald Trump and his Republican allies have painted the Windy City as the most dangerous American city ahead of expected immigration enforcement raids and as Trump floated sending in the National Guard. Trump called Chicago the “murder capital of the world!” in a Sept. 2 Truth Social post. Homeland Security Secretary Kristi Noem focused on raw homicide numbers on CBS’ “Face the Nation” on Aug. 31, saying, “For 13 consecutive years, Chicago had more murders than any other American city.” Sen. James Lankford, R-Okla., used a similar statistic on NBC’s “Meet…

The title of this post is a nod to Timur Kuran’s book Private Truths, Public Lies: The Social Consequences of Preference Falsification. This book examines the disconnect between what people say they believe publicly and what they believe privately. As Kuran puts it, The preference that our individual ends up conveying to others is what I will call his public preference. It is distinct from his private preferencewhich is what he would express in the absence of social pressures. By definition, preference falsification is the selection of a public preference that differs from one’s private preference. This turns out to…

These days, it’s standard practice for footballers to bid farewell to their old clubs with a heartfelt social media post – a little thank you to the fans, some warm words about the club, and a nod to the future.But when Fábio Silva left Wolves for Borussia Dortmund and Christantus Uche departed Getafe to join Crystal Palace, their goodbye notes looked a little too familiar.Silva’s Instagram post on Aug. 29 began: “When I arrived at Wolves, I did so full of ambition, dreams, and a desire to make my mark. I know I didn’t live up to expectations. But football…

The NBA has hired Wachtell, Lipton, Rosen & Katz to oversee its investigation into possible salary cap circumvention involving the Los Angeles Clippers and Kawhi Leonard, according to Sam Amick of The Athletic. The firm previously handled high-profile league inquiries, including the probes into former owners Donald Sterling and Robert Sarver. Its involvement signals the […] The post NBA hires law firm to lead Clippers-Kawhi Leonard investigation appeared first on TalkBasket.net.

Kiko was still a Category 4 storm Saturday morning as it swirled about 1,000 miles east of Hawaii, but forecasters are confident the storm will lose a lot of punch before it nears the islands. HONOLULU – Hawaii’s acting governor declared a statewide state of emergency as Hurricane Kiko continues to swirl toward the islands as a major hurricane.Kiko was still at Category 4 strength Saturday morning as it sat just over 1,000 miles east of Hilo, with peak winds estimated at 140 mph, according to the National Hurricane Center.Hurricane Kiko’s latest information.(FOX Weather) Forecasters are still confident the storm…

Welcome back to World Brief, where we’re looking at Russia warning against foreign troops in Ukraine, Thailand’s new prime minister, and potential war crimes in the Democratic Republic of the Congo. Putin’s Warning for Europe Any foreign troops deployed to Ukraine, particularly while its conflict with Russia is ongoing, will be considered “legitimate targets,” Russian President Vladimir Putin warned on Friday. Welcome back to World Brief, where we’re looking at Russia warning against foreign troops in Ukraine, Thailand’s new prime minister, and potential war crimes in the Democratic Republic of the Congo. Any foreign troops deployed to Ukraine, particularly while…

Since “Liberation Day”, so-so: Figure 1: Manufacturing employment, production and nonsupervisory workers (blue), aggregate worker hours (green), manufacturing production (tan), real value added (red), all in logs, 2022M10=0. Aggregate hours calculated by multiplying employment by weekly average hours. Source: BLS, Federal Reserve, BEA, and author’s calculations. Manufacturing production (a gross measure) is at best flat since just before “Liberation Day”, while labor market indicators are unambiguously down. When tariffs are more fully implemented, will employment rise? I doubt it, but even if production is on-shored, I suspect automation will result in little net employment increase (see Firooz,…

The Los Angeles Chargers defeated the Kansas City Chiefs in São Paulo, Brazil by a final score of 27-21, thanks to a 318-yard, three-touchdown performance by LA quarterback Justin Herbert. He also had 33 rushing yards, including a game-clinching 19-yard scramble in the fourth quarter. The Chargers got things going with a 33-yard catch-and-run by wide receiver Quentin Johnston, setting the Bolts up deep in Kansas City’s territory. Though the Chiefs held Los Angeles on a 3rd and 8, that stop was nullified by an offsides penalty. On the very next play, Johnston caught a five-yard touchdown pass to give…