Tributes have poured in since the death of Bill Russell, whose unparalleled success as an NBA champion was rivaled only by his impact off the court. Magic Johnson would like to see his legacy formalized league-wide. The Hall of Fame Los Angeles Lakers point guard called for the NBA and commissioner Adam Silver on Tuesday to retire Russell’s jersey No. 6 across the league. He made his pitch on Twitter. The suggested step would immortalize Russell’s No. 6 alongside that of No. 42 in MLB, which… Source link
Read More »Bill Russell and the chain that links the NBA with our own history
The world didn’t just lose its greatest sports champion and a civil rights leader on Sunday, when Boston Celtics legend Bill Russell died at age 88. We lost a touchstone to our history that can never be replaced. The NBA is different from most institutions in how it embraces the greats who built it. Only Pete Maravich had passed when the league honored its 50th Anniversary Team in 1997, and 47 attended the ceremony. Forty-five of the 61 living members were present for the 75th Anniversary… Source link
Read More »Bill Russell, perhaps the greatest basketball player of all time, dies at 88
Bill Russell was a late bloomer. Before the college basketball accolades and a pair of national championships, before the 11 NBA titles and five MVPs, before he became the most fearsome defensive player ever and a man firmly entrenched in the conversation for the greatest player of all time, there was a gangly, 5-foot-10 kid from Oakland’s McClymonds High School who believed a job in the shipyards was in his future. There proved to be so much more. William Felton Russell died Sunday with his… Source link
Read More »What’s in a new bill aimed at lowering costs for Americans
It’s a deal set to raise over $800 billion in the coming decade for everything from fighting climate change to extending Obamacare. And it’s projected to bring down the deficit to boot. Sens. Chuck Schumer (D-NY) and Joe Manchin (D-WV) surprised the world on July 27 when they released a sweeping, 725-page bill known as the Inflation Reduction Act (IRA) — instantly resuscitating a key Democratic agenda item aimed at bringing down costs for the middle class. The compromise comes after… Source link
Read More »Chips bill advances in the Senate — Here’s what’s in the $79 billion legislation
After more than a year of negotiations, Congress is on the cusp of passing a bill to alleviate the chip shortage and shore up U.S. competitiveness with China — in part by giving $50 billion to the semiconductor industry. The Senate voted 64-32 on Tuesday to end debate on the so-called “CHIPS+” bill. This key step, which required 60 votes, now sets the stage for final passage in the coming days. As the key procedural step got underway, Senate Majority Leader Chuck Schumer (D-NY) said the… Source link
Read More »Here’s what in the semiconductor bill as the Senate nears a crucial vote
After over a year of negotiations, Congress is finally advancing a bill to provide $52 billion to the semiconductor industry amid a chip shortage threatening U.S. competitiveness and national security. The Senate is eyeing a crucial cloture vote as early as Thursday which, if it gains the required 60 votes, could put the bill on the path to become a law within the coming weeks. “This has been bipartisan work in the Senate at its best,” Senate Majority Leader Chuck Schumer (D-NY) said… Source link
Read More »Congress deliberates a $52 billion semiconductor bill — Here are 2 stocks that could benefit
In today’s world, the markets cannot be separated from politics. Case in point – the semiconductor subsidy bill currently before Congress. The bill, which holds the promise of some $52 billion worth of subsidies for the US semiconductor industry, was stalled in the Congressional processes for several months but last week got a boost from House Speaker Nancy Pelosi. In a move not sees as particularly coincidental, Pelosi’s husband just last month exercised a call option to purchase more… Source link
Read More »Bill Ackman to wind up SPAC, return $4 billion to investors
By Svea Herbst-Bayliss, Anirban Sen and Arunima Kumar NEW YORK (Reuters) -Billionaire investor William Ackman, who had raised $4 billion in the biggest-ever special purpose acquisition company (SPAC), told investors he would be returning the sum after failing to find a suitable target company to take public through a merger. The development is a major setback for the prominent hedge fund manager who had initially planned for the SPAC to take a stake in Universal Music Group last year when… Source link
Read More »Ex-Gov. Bill Richardson flying to Russia
Former New Mexico Gov. Bill Richardson will head to Moscow in the near future to participate in talks to try and secure the release of WNBA star Brittney Griner and former U.S. Marine Paul Whelan, according to ABC News. Richardson is expected to travel to Russia in the next couple of weeks, an anonymous source told ABC News. It’s unclear when that will take place, or who Richardson will meet with specifically when he’s there. “What I can say (and is publicly known) is both the Whelan and… Source link
Read More »Bill Gates just won legal approval to buy 2,100 acres of North Dakota farmland worth $13.5M — and people are ‘livid’ about it all across the state
Bill Gates just won legal approval to buy 2,100 acres of North Dakota farmland worth $13.5M — and people are ‘livid’ about it all across the state Bill Gates made his fortune in tech, but he’s now betting big on something completely different: farmland. Last week, Gates secured the legal approval for purchasing 2,100 acres of farmland from northeastern North Dakota potato growers Campbell Farms. Of course, this isn’t first time Gates has invested in the asset class. Having amassed… Source link
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