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NBA punishes Clipper, Ballmer, Leonard

LOS ANGELES — The NBA imposed a sweeping punishment against the Los Angeles Clippers on Wednesday for violating salary cap circumvention rules, suspending owner Steve Ballmer for one year, fining the team $30 million and forcing it to forfeit five first-round draft picks. Also, two-time NBA Finals MVP Kawhi Leonard was hit with a $700,000 penalty, president of basketball operations Lawrence Frank was banned for six months and team president of business operations Gillian Zucker was suspended for one year. The Clippers will give up one first-round pick in each draft from ...

Wall Street rises as tech stocks climb and oil prices, bond yields hold relatively steady

U.S. stocks snapped a three-day losing streak Wednesday as gains by big technology companies and relatively steady oil prices and bond yields helped lift the market after a downbeat start to the week. The S&P 500 index rose 0.5%. The Dow Jones Industrial Average rose 0.6%, and the Nasdaq composite gained 0.5%. The market has been under pressure this week from rising oil prices and a bond-market sell-off. The rocky start to September follows a mostly positive August during which every major index notched a gain for the month. While Wall Street remains gripped by anxiety over rising ...

US oil giant Chevron confirms it will expand operations in Venezuela

Oil giant Chevron confirmed that it will expand operations in Venezuela after President Donald Trump announced an ambitious deal to develop the nation's oil reserves and give the Pentagon a stake in the profits. Chevron, the only U.S. oil company with a major presence in Venezuela, said Wednesday that it has been assigned additional acreage in the Orinoco Belt, where it has active operations. The company plans to invest more than $7 billion over the next five years, with the goal of more than doubling its current production to about 600,000 barrels a day. "Chevron's history in ...

Eala, Osaka, Gauff advance in NYC

NEW YORK — Alex Eala and her fans are headed to the weekend at the U.S. Open, along with two-time champion Naomi Osaka and 2023 winner Coco Gauff. So is Madison Keys — just barely — but not No. 3 Felix Auger-Aliassime, who became the highest-seeded player knocked out of the tournament ...

A message for men over 50

The diagnosis was not a surprise – well, yes it was, because like many men with a health issue we try to deny it, or delay treatment when everyone knows that “early detection” is critical to a cure. My PSA (prostate-specific antigen) had been slowly creeping upward for the last two ...

How to tackle domestic extremists’ foreign enablers

Left-wing terrorism is a serious problem in the United States, though for political reasons it doesn't receive anything like the attention right-wing violence gets. When most people think of violence connected to abortion, they imagine attacks on abortion clinics -- yet lately, pro-abortion extremists have been firebombing crisis pregnancy centers across the country. These centers help women who want to have their babies or who are undecided about having an abortion: In other words, women who are making a choice, just not the choice supposedly "pro-choice" abortion advocates find ...