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Michael Jordan reaches agreement to sell majority stake in NBA’s Charlotte Hornets

Published Wed, 26 Feb 2025 05:30:54 GMT

(CNN) — Michael Jordan has reached an agreement to sell his majority stake in the Charlotte Hornets to a group led by Gabe Plotkin and Rick Schnall, it was announced Friday.Jordan will retain a minority ownership stake in the NBA team.The NBA legend became majority owner of the North Carolina franchise in March 2010, when the team was called the Charlotte Bobcats, and after four years as part of the franchise’s ownership group. He was the first former player to become the majority owner of an NBA franchise.The transaction is subject to the approval of the NBA Board of Governors.

Pair convicted for roles in online romance scams, pandemic unemployment relief fraud

Published Wed, 26 Feb 2025 05:30:54 GMT

BOSTON (AP) — A federal jury has convicted two people of playing a role in what prosecutors called “expansive online fraud schemes” that included romance scams and coronavirus pandemic unemployment assistance fraud.Osakpamwan Henry Omoruyi, 37, and Osaretin Godspower Omoruyi, 36, were convicted in U.S. District Court this week after an eight-day trial of bank fraud, bank fraud conspiracy and money laundering conspiracy, according to the U.S. attorney’s office.The men, Nigerian citizens who lived in the Boston suburb of Canton, opened multiple bank accounts in the names of fake people using fraudulent foreign passports, prosecutors said. Their accomplices then sent the proceeds from romance scams, pandemic relief fraud and other illegal online schemes to those bank accounts, authorities said.The defendants took in more than $1.7 million in fraudulently obtained money from 2019 until 2021 and transferred most of it overseas, prosecutors said.Both men are being held pending...

Chicago Bears training camp: 9 practices are open to the public. Here’s how to get free tickets.

Published Wed, 26 Feb 2025 05:30:54 GMT

The Chicago Bears released their 2023 training camp schedule, which is open to the public for nine practices.Fans will need a free ticket to watch the action at Halas Hall. Tickets will be available at chicagobears.com/camp at 10 a.m. July 6 with a limit of four per date.As in previous years, fans are not allowed to park at Halas Hall and instead can take the free shuttle bus from nearby Hawthorn Mall with a valid training ticket. For more information about parking lot opening times and bus schedules, click here.Bears 2023 schedule: Here’s who they’ll play — and our predictions for each gameWhat to know about the Bears’ possible move from Soldier Field — and what other suburbs are vying for the stadiumSign up for our Bears alerts on all your devices2023 Bears training camp scheduleTuesday, July 25: Report dayWednesday, July 26: 10 a.m. practice (closed to public)Thursday, July 27: 10 a.m. practiceFriday, July 28: 10 a.m. practiceSaturday, July 29: 10 a....

Conor McGregor statement dismisses sexual assault allegation as ‘shakedown’

Published Wed, 26 Feb 2025 05:30:54 GMT

Conor McGregor isn’t going down without a fight. The mixed martial arts fighter slammed new sexual assault allegations as a “shakedown.”The Dublin-born UFC champ, 34, was accused this week of sexually assaulting a woman on June 9, following the game 4 of the NBA finals between the Denver Nuggets and the Miami Heat, TMZ reported Thursday. Video has been released showing McGregor and his accuser outside the bathroom at the Heat’s Kaseya Center, where the alleged victim claims McGregor attacked her.“After the video was released by TMZ, the claimant’s lawyer now has changed her story. Mr. McGregor welcomes the investigation, which he firmly believes will show the claims against him are false,” McGregor’s legal team told TMZ Sports.“After not responding to the demand for money made by claimant’s counsel, she turned to the media to apply pressure. This is no more than a shakedown.”The alleged victim’s attorney claims ...

Truck driver guilty of killing 11 at Pittsburgh synagogue in deadliest attack on Jews in US history

Published Wed, 26 Feb 2025 05:30:54 GMT

By PETER SMITH (Associated Press)PITTSBURGH (AP) — A truck driver who expressed hated of Jews was convicted Friday of barging into a Pittsburgh synagogue and shooting everyone he could find, killing 11 congregants in an act of antisemitic terror for which he could be sentenced to die.The guilty verdict was a foregone conclusion after Robert Bowers’ own lawyers conceded at the trial’s outset that he attacked and killed worshippers at the Tree of Life synagogue on Oct. 27, 2018, in the deadliest attack on Jews in U.S. history. Jurors must now decide whether the 50-year-old should be sent to death row or sentenced to life in prison without parole as the federal trial shifts to a penalty phase expected to last several weeks.Bowers was tried on 63 criminal counts, including hate crimes resulting in death and obstruction of the free exercise of religion resulting in death. His attorneys had offered a guilty plea in return for a life sentence, but prosecutors refused, opt...

NBA suspends Memphis Grizzlies star Ja Morant 25 games for ‘conduct detrimental to the league’

Published Wed, 26 Feb 2025 05:30:54 GMT

Ja Morant will sit out more than a quarter of next season as punishment for his second gun-related video incident.The NBA announced on Friday that the Memphis Grizzlies star has been suspended 25 games without pay for “conduct detrimental to the league.”“Ja Morant’s decision to once again wield a firearm on social media is alarming and disconcerting given his similar conduct in March for which he was already suspended eight games,” said NBA commissioner Adam Silver in a statement. “The potential for other young people to emulate Ja’s conduct is particularly concerning. Under these circumstances, we believe a suspension of 25 games is appropriate and makes clear that engaging in reckless and irresponsible behavior with guns will not be tolerated.”Morant, 23, a two-time All-Star, was suspended eight games without pay in March after he flashed a gun “in an intoxicated state” during an Instagram live video at a Denver-area stri...

Lawrence Cager is Giant sleeper with ideal mentor in Darren Waller: ‘A little destiny’

Published Wed, 26 Feb 2025 05:30:54 GMT

In January, after Lawrence Cager’s eight-catch, 69-yard game against the Eagles, Giants tight ends coach Andy Bischoff compared Cager’s unique skill set to a special player:Darren Waller.“Those types of guys — whether it’s a Darren Waller or whomever that is — are out there, that are a little bit of an untraditional guy,” Bischoff said then. “But if you can master enough of the position to draw a tie in some areas, you can really help your team. And Lawrence is on a journey, and he’s taken an upswing.”That name had come up before.The Jets’ GM called to re-sign Cager entering the 2022 offseason with an idea for the wide receiver who’d once walked his halls.“Joe Douglas calls my agent and tells me, ‘We want to make him like Darren Waller,’” Cager, 25, told the Daily News with a smile on Tuesday. “So I’m contemplating, because my whole career, even in college recruiting, a couple...

4 injured at Naval Base Point Loma

Published Wed, 26 Feb 2025 05:30:54 GMT

SAN DIEGO -- Four people were sent to the hospital Friday morning following a crash at Naval Base Point Loma, authorities confirmed.The San Diego Fire Rescue Department says crews responded the area of Sylvester Road just before 2 a.m. after a caller from the U.S. Navy requested fire and medical assistance due to a crash involving a watercraft. Man stabbed during argument over cigarettes: police Authorities say four people were transported from the scene to UC San Diego Health in Hillcrest. The nature of their injuries are unknown at this time.FOX 5 has reached out to the Navy for comment and is working to gather more information.It's unknown whether this crash involved a civilian boat or a military watercraft.This is a developing story. Please check back for updates. FOX 5's Elizabeth Alvarez contributed to this report.

Stock market today: Wall Street wavers, looking to extend winning streak

Published Wed, 26 Feb 2025 05:30:54 GMT

NEW YORK (AP) — Stocks wavered between small gains and losses on Wall Street Friday as investors look to extend the market’s longest winning streak in a year.The S&P 500 was mostly unchanged in midday trading after giving up slight gains earlier in the day. The benchmark index is headed for its sixth consecutive weekly gain and is trading at the highest level it’s been at since April 2022.The Dow Jones Industrial Average fell 6 points, or less than 0.1%, to 34,403 as of 11:35 a.m. Eastern. The Nasdaq fell 0.2%.Wall Street faces a relatively quiet day to cap off a busy week of economic updates.Software maker Adobe rose 2.5% after reporting solid financial results and raising its profit forecast. Humana slipped 3.2% after becoming the latest health insurer to warn about pent-up demand for medical services driving costs higher. Health insurance giant UnitedHealth issued a similar warning earlier in the week.Treasury yields rose. The yield on the 10-year Treasury note rose to 3.76% ...

Unionized UPS workers vote to authorize a strike in high-stakes negotiations for a new contract

Published Wed, 26 Feb 2025 05:30:54 GMT

NEW YORK (AP) — Unionized UPS workers voted overwhelmingly on Friday to authorize a strike, setting the stage for a potential work stoppage if the package delivery company and Teamsters can’t come to an agreement before their contract expires next month. The Teamsters have urged workers to authorize a strike to give them more leverage in negotiations with the company, but a yes vote does not mean a strike is imminent. The Teamsters represent about 340,000 UPS employees, more than half of the company’s workforce. A quarter of a century ago, 185,000 UPS employees walked off the job for 15 days after a contract dispute and it crippled the company. UPS has grown vastly since then and become even more engrained in the U.S. economy. UPS says they deliver the equivalent of about 6% of nation’s gross domestic product. If a strike occurs, its expected to be one of the biggest – if not the biggest – company walkout in U.S. history, carrying with it far-reaching implications for th...