Tag Archives: Significant

49ers reportedly plan to release DL Arik Armstead after he declined ‘significant’ pay cut

49ers reportedly plan to release DL Arik Armstead after he declined ‘significant’ pay cut

The San Francisco 49ers intend to release defensive lineman Arik Armstead after the two sides failed to agree on a restructured contract, according to multiple media reports. Per NBC’s Matt Maiocco, Armstead declined to take “a significant pay cut” to his scheduled salary of $17.4 million next season on the final year of his five-year, $85 million contract. He’ll hit the market as a free agent. NFL’s free agency period officially starts Wednesday. News of Armstead’s pending release arrives… Source link

Read More »

Explainer-Why the $5.2 billion sale of Russia’s Yandex is significant

Explainer-Why the .2 billion sale of Russia’s Yandex is significant

By Alexander Marrow LONDON (Reuters) – A $5.2 billion cash and share deal to sell the key Russian assets of technology group Yandex, often labelled as “Russia’s Google”, to a consortium of Russian investors was announced on Monday after months of negotiations. Here’s why the deal is significant. RUSSIA’S LARGEST TECH ASSET Moscow has long sought to gain more influence over Yandex, set up in the dotcom boom in the late 1990s, as it became a key player in online services such as search and… Source link

Read More »

NCAA levies significant penalties on Florida State for NIL recruiting violations

NCAA levies significant penalties on Florida State for NIL recruiting violations

Florida State must disassociate with an NIL collective representative after NIL-related recruiting violations. (Rich Storry/Getty Images) Thirty months into the era of name, image and likeness, the NCAA is finally dropping the hammer. The association is levying significant penalties on Florida State football, one of its NIL collectives and a booster, as well as an assistant coach, for NIL-related recruiting violations in the most serious and unprecedented sanctions handed down in the first 2… Source link

Read More »

NCAA levies significant penalties on Florida State for NIL recruiting violations

NCAA levies significant penalties on Florida State for NIL recruiting violations

Florida State must disassociate with an NIL collective representative after NIL-related recruiting violations. (Rich Storry/Getty Images) Thirty months into the era of name, image and likeness, the NCAA is finally dropping the hammer. The association is levying significant penalties on Florida State football, one of its NIL collectives and a booster, as well as an assistant coach, for NIL-related recruiting violations in the most serious and unprecedented sanctions handed down in the first 2… Source link

Read More »

Chinese corn mill in North Dakota deemed ‘significant threat’ by US Air Force

Chinese corn mill in North Dakota deemed ‘significant threat’ by US Air Force

[Source] The construction of a Chinese-owned corn mill in North Dakota will likely be halted after the U.S. Air Force flagged it as a “significant threat to national security.” Fufeng Group, an MSG and xanthan gum manufacturer based in Shandong province, China, previously bought 370 acres of farmland in Grand Forks through its American subsidiary. The city council approved the company’s $700 million proposal to build the mill last year, citing economic development success. However,… Source link

Read More »

Chinese corn mill in North Dakota deemed ‘significant threat’ by US Air Force

Chinese corn mill in North Dakota deemed ‘significant threat’ by US Air Force

[Source] The construction of a Chinese-owned corn mill in North Dakota will likely be halted after the U.S. Air Force flagged it as a “significant threat to national security.” Fufeng Group, an MSG and xanthan gum manufacturer based in Shandong province, China, previously bought 370 acres of farmland in Grand Forks through its American subsidiary. The city council approved the company’s $700 million proposal to build the mill last year, citing economic development success. However,… Source link

Read More »

Federal Reserve, top bank regulators flag ‘significant’ worries over crypto assets

Federal Reserve, top bank regulators flag ‘significant’ worries over crypto assets

The Federal Reserve, FDIC, and the Office of the Comptroller of the Currency (OCC) issued a joint statement on Tuesday warning about “significant” risks crypto assets may pose to the broader banking system. “It is important that risks related to the crypto-asset sector that cannot be mitigated or controlled do not migrate to the banking system,” the agencies said in a joint statement. “Given the significant risks highlighted by recent failures of several large crypto-asset companies, the… Source link

Read More »

Mavericks’ dependency on Luka Doncic’s MVP-level production shows need for significant move

Mavericks’ dependency on Luka Doncic’s MVP-level production shows need for significant move

DETROIT — Every team in the Western Conference feels like it’s one significant move away from separating itself from the muck and being established as a power. Luka Doncic’s Dallas Mavericks illustrate that better than anyone, it seems. Monday, they seemed to validate their run to the conference finals in a Game 7-like beatdown of the hot Phoenix Suns. A few nights before, it was hard for them to muster the requisite energy to match a hungry Detroit Pistons team — falling in overtime… Source link

Read More »