Greg Fiume-Getty Images Following the Lakers’ acquisition of Rui Hachimurarival executives immediately assessed what the move entails, looking ahead to the trade deadline and free agency. After giving up three picks in the second round, the Lakers are expected to retain Rui Hachimura – eligible for a $7.7 million qualifying offer and limited free agency. … Read more
Seoul, South Korea CNN — Five Russian men who fled the country following Moscow’s military mobilization order last September have been stranded for months at South Korea’s Incheon International Airport after authorities refused to take them in. Three of the men had arrived in October, the other two in November, their lawyer Lee Jong-chan said. … Read more
Customers in protective masks view the interior of a vehicle for sale at a Ford Motor Co. dealership in Colma, California, February 1, 2021. David Paul Morris | Bloomberg | Getty Images DETROIT — As automakers chase Tesla-like profits on new EVs, they’re faced with an existential question: How can franchised car dealerships best be … Read more
CNN — Weight loss surgery reduces the risk of premature death, especially from obesity-related conditions such as cancer, diabetes and heart disease, according to a new 40-year study of nearly 22,000 people undergoing bariatric surgery in Utah. Compared to people of a similar weight, people who underwent one of the four types of weight-loss surgery … Read more
CNN — Federal prosecutors said FTX founder Sam Bankman-Fried contacted the crypto trading platform’s former general counsel earlier this month in an effort they say could amount to witness tampering. A Bankman-Fried spokesperson declined to comment. Prosecutors from the U.S. Attorney’s Office for the Southern District of New York have asked the judge to change … Read more
Technology stocks are having a pretty rough start to 2023, but that could actually be an ominous signal. The Nasdaq Composite Index COMP, +0.95% is up 11% year-to-date this month, on track for its best January performance since gaining 12.2% in 2001, according to Dow Jones Market Data. But that 2001 rally cooled off considerably: … Read more
CNBC’s Jim Cramer told investors on Friday to avoid stocks in the Nasdaq Composite and instead bet on names listed in the Dow Jones Industrial Average. While tech has started the new year strong, and it was insanely good today, the charts, as interpreted by Larry Williams, say you should be a little wary of … Read more
Amazon Prime members using Amazon Fresh, the company’s grocery delivery service, will soon pay more for their standard shipments. The company plans to charge a delivery fee for all grocery orders under $150 on Feb. 28, 2023, according to an email sent to Amazon Prime members and seen by Gizmodo. The upcoming tiered rate schedule … Read more
CNN — Progressive and State Farm, two of America’s largest auto insurers, are refusing to underwrite policies in certain cities for some older Hyundai and Kia models that the companies say are too easy to steal. Several reports say the companies have stopped offering insurance for these vehicles in cities such as Denver, Colorado and … Read more
The emotional “day in the life” video of a fired Google employee on TikTok went viral as it captured her heartbreak after learning she was one of 12,000 employees laid off by the tech giant earlier this week. Nicole Tsai, a Southern California-based TikTok “vlogger,” breaks down in tears in the video as she narrates … Read more