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The New York Jets have hired San Francisco 49ers defensive coordinator Robert Saleh as their next head coach, the team announced Thursday. Per ESPN’s Adam Schefter, Saleh has signed a five-year deal. He will also reportedly be taking Niners passing game coordinator Mike LaFleur with him to be offensive coordinator in New York. Saleh will replace Adam Gase, who was fired at the conclusion of the 2020 NFL season after two straight sub-.500 seasons in New York. After four seasons running the San… Source link

Square (SQ) stock took off in 2020. Boosted by the rise of digital payments and the increasing adoption of its peer-to-peer Cash App, investors sent shares up by a massive 245% throughout the year. Square’s success has been boosted by Bitcoin. Apart from the huge investment Square made last year by purchasing BTC worth $500 million (worth considerably more now), part of the Cash App’s appeal is for the easy way users can buy and sell Bitcoin. With the leading cryptocurrency breaching new… Source link

The major U.S. equity-indexes are hovering around all-time highs, and a question that frequently pops up these days, is whether some companies’ valuations might be overstretched. However, some operate at the opposite end of the spectrum, and could yet offer investors untapped opportunities. H.C. Wainwright analyst Ram Selvaraju points in the direction of Sorrento Therapeutics (SRNE), as one such company. Selvaraju rates SRNE a Buy along with a $30 price target, which implies a 275% upside… Source link

Adrian Peterson is on the hook for $8.3 million in defaulted loans after the New York State Supreme Court ruled against him in a summary judgment, according to records obtained by ESPN. The Detroit Lions running back, soon to be a free agent, was hit with a lawsuit in July 2019 from DeAngelo Vehicle Sales LLC, a Pennsylvania loan company (think investment vehicles, not cars). The company alleged that Peterson failed to pay back a loan of $5.2 million issued in October 2016. Peterson reportedly… Source link

James Harden is still planning to move forward with a new business venture in the Houston area despite his recent trade and, well, tumultuous exit with the Rockets. The newest member of the Brooklyn Nets, according to the Houston Chronicle, is still set to open up a steakhouse in Houston this month. The restaurant, Thirteen, is named after his jersey number. “Our entire staff and team are looking forward to providing top-notch service and bringing a one-of-a-kind dining experience to Houston,”… Source link

Stock futures rose in late trading Thursday as traders considered the details of President-elect Joe Biden’s newly unveiled stimulus proposal and weighed the likelihood of the package getting advanced quickly through Congress. Contracts on all three major indexes traded just above the flat line Thursday evening, shaking off declines during the regular trading day. Both the Dow and Nasdaq hit record intraday highs earlier before closing lower. Biden outlined his $1.9 trillion coronavirus… Source link

President-Elect Joe Biden unveiled a $1.9 trillion stimulus package that includes direct payments to Americans, a $15 minimum wage, aid to small businesses, and a national vaccination program, among many other provisions. “While Congress’s bipartisan action in December was a step in the right direction, it was only a down payment. It fell far short of the resources needed to tackle the immediate crisis,” according to the statement accompanying the details of the plan. “We are in a… Source link

The last time it was this easy for Calvin Kattar was in 2008, when mixed martial arts made its debut on network television with a card headlined by the late Kimbo Slice on CBS. Kattar suffered his first professional defeat on that card at the Prudential Center in Newark, New Jersey, getting submitted by James Jones at 4:49 of the first round. Now, more than a dozen years later, it’s a very different Kattar who is now headlining the first UFC bout on network television in more than two years… Source link

Quarterback Jared Goff will start his first game since Week 16 on Saturday when the Los Angeles Rams take on the Green Bay Packers in the divisional round of the NFC playoffs. Head coach Sean McVay made the announcement Thursday, and also announced that quarterback John Wolford will be inactive. Goff didn’t start the Rams’ past two games after getting surgery on the thumb of his throwing hand. Wolford, his backup, started in his place in Week 17 and against the Seattle Seahawks during… Source link

ProFootball Talk on NBC Sports Chase Claypool calls the Browns “classless” Steelers wide receiver Chase Claypool says the Browns were “super classless” during Super Wild Card Weekend. Extending a war of words that started when Claypool predicted the Browns will lose to the Chiefs and continued with Browns linebacker Sione Takitaki calling Claypool “salty about losing,” Claypool weighed in about the Browns again today. “If the [more] Source link