NFL commissioner Roger Goodell has named the designee to oversee the league’s appeal of Deshaun Watson’s six-game suspension. Former New Jersey attorney general Peter C. Harvey will hear the appeal, the league announced on Thursday. “Mr. Harvey served as the Attorney General of New Jersey and is now a partner at the Paterson Belknap firm in New York,” the league said in a statement. “He has also served as a federal prosecutor. He has deep expertise in criminal law, including domestic… Source link
Read More »Warner Bros. Discovery sinks on $3.42 billion loss, HBO Max restructuring plan revealed
Warner Bros. Discovery (WBD) reported its first quarterly report since the $43 billion merger as the company battles consolidation challenges. The media conglomerate swung to a $3.42 billion loss in the second quarter, partly due to obstacles related to its recent merger. The stock plummeted in after-hours trading, down as much as 9%. Here are Warner Bros. Discovery second quarter results compared to Wall Street’s consensus estimates, as compiled by Bloomberg: In total, the company said it… Source link
Read More »Ne-Yo’s wife Crystal Smith files for divorce, alleges he fathered a child with ‘paramour’
Ne-Yo’s wife has filed for divorce, claiming he recently fathered a child with another woman. Days after publicly accusing the singer of cheating, Crystal Smith, who married Ne-Yo (real name: Shaffer Chimere Smith) in 2016, filed divorce papers in Atlanta this week, according to multiple news outlets. In her divorce filing, Ne-Yo’s wife Crystal Smith accuses him of recently fathering a child with another woman. (Photo: Prince Williams/ Getty Images) Smith, who shares three children with the… Source link
Read More »Stocks close mixed ahead of July jobs report
U.S. stocks were little changed Thursday following uneventful trading as investors looked ahead to July’s jobs report on Friday and barreled through more earnings. The S&P 500 edged down 0.1%, while the Dow Jones Industrial Average slipped roughly 0.3%. After rallying on Wednesday, tech stocks tried to build back momentum, with the Nasdaq up 0.4%. The biggest action in markets on Thursday, however, was happening away from the major stock indexes with the price of WTI crude oil falling below… Source link
Read More »‘Unforgiven’ screenwriter describes the lost ending Clint Eastwood cut from classic 1992 Western
Clint Eastwood, Shane Meier and Aline Lavasseur in Unforgiven. The young actors were part of a discarded ending to the film that was shot, but has never been seen. (Photo: Warner Bros./ Courtesy: Everett Collection) Clint Eastwood knows when a story’s been told. Over the course of his filmmaking career, the Hollywood icon has cultivated a famously no-frills style behind the camera, often shooting scenes in one take and excising material he deems extraneous — even if the sequence plays… Source link
Read More »Ocean SUV on track; 400K annual capacity coming by 2024
Fisker (FSR) shares are on the move after the company posted an upbeat quarterly financial report. Though the EV automaker hasn’t posted meaningful revenue or earnings yet, its upcoming first model, the Fisker Ocean SUV, crossed 56,000 reservations as of August 1. Of those, 5,000 are for the Fisker Ocean One special edition, which requires a $5,000 down payment. Fisker confirmed it is all set to begin production of the Fisker Ocean on November 17 at contract partner Magna Steyr’s (MGA)… Source link
Read More »2 reasons the ‘risk of recession is getting higher and higher’: Mohamed El-Erian
The risk of a recession “is getting higher and higher,” says veteran economist Mohamed El-Erian. “My definition of a recession is a holistic definition. It goes well beyond two quarters of negative GDP,” said the chief economic advisor of Allianz and former CEO of PIMCO. “The labor market is too strong. Consumer spending is too strong. Business balance sheets are too strong. We simply are not in a recession. Is the risk of recession high? Yes, it is high and getting higher,”… Source link
Read More »Here are 3 top dividend stocks for stable cash return and inflation protection — one of them even offers an incredible 13.3% yield
Here are 3 top dividend stocks for stable cash return and inflation protection — one of them even offers an incredible 13.3% yield When high-flying growth stocks made all of the headlines last year, dividend stocks often got ignored. But the Nasdaq remains down 20% in 2022, and many of those former hot stocks haven’t bounced back. In volatile times like these, a steady and increasing stream of dividends can help risk-averse investors sleep better at night. Healthy dividend stocks have the… Source link
Read More »Elon Musk accuses Twitter of ‘burying’ his side of the fight over their $44B deal
Elon Musk’s lawyers are accusing Twitter (TWTR) of “burying” his side of the story in their dispute over the Tesla (TSLA) CEO’s decision to renege on a $44 billion deal to buy the social media site. In dueling letters filed in Delaware Chancery Court on Wednesday, Twitter argued that court rules require Musk’s countersuit, now filed under seal, to be blocked from public view for five business days. Meanwhile, Musk accused Twitter of misapplying the rule to conceal his version of… Source link
Read More »Brittney Griner found guilty in Russian court
Brittney Griner, center, is escorted in a court room prior to a hearing, in Khimki just outside Moscow, Russia, Thursday, Aug. 4, 2022. (AP Photo/Alexander Zemlianichenko) Inside her metal courtroom cage, a solemn, stone-faced Brittney Griner learned how long she’ll be locked away in Russian prison if the Biden administration can’t broker a deal to secure her release. A Russian judge handed down a harsh 9-year sentence on Thursday, rejecting the WNBA star’s emotional apology and plea for… Source link
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