Share to Twitter Share to Linkedin The Dallas Mavericks have just lost two straight games to the Charlotte Hornets, one of the league's worst teams, which acts as a symptom of what has been an underwhelming season for the Texas-based organization. What's even worse than their diminishing playoffs odds is the fact that the Mavericks won't have much control in the offseason about.. well, anything, really. Kyrie Irving and Christian Wood - the team's second and third-best players - are both unrestricted free agents, who have the right to leave outright. Tim Hardaway Jr and Davis Bertans, two players with inconsistent production on fairly large deals, remain on the books and won't necessarily be easy to move off of. And the middle of it all is Luka Dončić, the Slovenian superstar who is unquestionably a Top 5 talent, and a franchise-carrying player. With three years left on his contract after the conclusion of this season, Dončić looks increasingly trapped … [Read more...] about The Dallas Mavericks Need To Take Control Of Their Own Future
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Government secures first conviction for terrorism financing
Justice Secretary Jesus Crispin Remulla MANILA, Philippines —The Department of Justice (DOJ) has secured its first conviction for violation of the Terrorism Financing Prevention and Suppression Act of 2012 (Republic Act No. 10168). In a statement Monday, the DOJ said the Iligan City Regional Trial Court had convicted Angeline Magdua for 55 counts of violating that law as an accessory to the crime of terrorist financing. Magdua was one of the two cashiers of the Rural Missionaries of the Philippines-Northern Mindanao Region (RMP-NMR), a church-based national organization of priests and lay persons. “Despite conviction after 11 years after enactment of the law, this landmark decision will serve as the foundation and will pave the way for future prosecutions under this law,” Justice Secretary Jesus Crispin Remulla said. “Terrorism only leads to more violence and suffering, and we must break this cycle and works toward peace,” he added. According to f rontlinedefenders.org , … [Read more...] about Government secures first conviction for terrorism financing
U.S. Regulator Says That Binance Illegally Helped Americans Trade On Its Exchange
Share to Twitter Share to Linkedin The Commodity Futures Trading Commission (CFTC) today issued a complaint against Binance, the largest crypto exchange in the world, alleging that the firm put profits over compliance and committed “numerous violations of the Commodity Exchange Act (CEA) and CFTC regulations.” Also mentioned were Changpeng Zhao, the Binance founder and CEO, and former Chief Compliance Officer Samuel Lim, who is cited widely throughout the complaint and allegedly orchestrated much of the malfeasance. Today’s filing is the latest in a series of questionable behaviors by the company. However, while the CFTC is seeking disgorgement of profits, civil monetary penalties, registration bans and a permanent injunction against violations of the CEA and CFTC regulations, the long-term impact of this filing is unclear. Specifically the document, filed today in the federal courthouse in Chicago, alleges that the company offered crypto derivatives, … [Read more...] about U.S. Regulator Says That Binance Illegally Helped Americans Trade On Its Exchange
Every U.S. Crypto Exchange (And Binance) Is Being Investigated By The SEC, Says Senator Lummis Staffer
Share to Twitter Share to Linkedin Widely circulated reports that the U.S. Securities and Exchange Commission (SEC) is investigating $20 billion crypto exchange Coinbase are just the tip of the iceberg, according to a staffer from U.S. Senator Cynthia Lummis’ (R-Wy) office. The staffer says every U.S. crypto exchange—and the largest crypto exchange in the world, Binance—are in various stages of being investigated. There are more than 40 U.S. cryptocurrency exchanges, according to crypto data site, CoinGecko. The SEC has not responded to multiple requests for comment. Coming in the wake of a number of SEC actions asserting the regulator’s domain over the crypto industry, and an equally strong response by the U.S Commodity Futures Trading Commission (CFTC) pushing back against what it characterizes as “regulation through enforcement,” the staffer says the SEC urgently wants to resolve its dispute with the CFTC over crypto jurisdiction. If the matter isn’t … [Read more...] about Every U.S. Crypto Exchange (And Binance) Is Being Investigated By The SEC, Says Senator Lummis Staffer
Prevent State Tax Issues Before You Move 529 Funds To An IRA
Share to Twitter Share to Linkedin The Secure Act 2.0 brought about several consumer-friendly policies that should help people save more over time, as well as more flexibility when it comes to how funds in a 529 college savings plan can be used. Specifically, families will soon be able to move up to $35,000 from a 529 college savings plan into a Roth IRA for the account beneficiary, although annual contribution limits apply. This becomes an option for savers in 2024. Because annual contribution limits come into play here, maximizing the cap on this benefit will take several years. In fact, the Internal Revenue Service (IRS) has set the annual contribution limit across all IRA accounts at $6,500 for 2023 (unless you're 50 or older, in which case you can contribute up to $7,500 per year). ADVERTISEMENT The 529 plan making the transfer must also be open for at least 15 years, so it's not possible to open an account, fund it quickly, then move money … [Read more...] about Prevent State Tax Issues Before You Move 529 Funds To An IRA
IndyCar, NTT And NTT DATA Sign Multi-Year Agreement
Share to Twitter Share to Linkedin Global technology and business solutions provider NTT and its subsidiary NTT DATA have strengthened its partnership with IndyCar. NTT and IndyCar announced on March 27 its entitlement extension will begin in 2024 after completion of the current agreement. NTT and NTT DATA will continue as the official technology partner of the NTT IndyCar Series, the Indianapolis Motor Speedway, the Indianapolis 500, and the IndyCar/NASCAR Brickyard weekend. It will increase its involvement through its Smart Venue application at the Indianapolis Motor Speedway as well as enhancements to its mobile app and continued data integration and transformation of the sport. The multi-year agreement also includes official technology partner status. “NTT is an excellent partner across our enterprise with strongexpertise and a deep commitment to our sport,” said Roger Penske, Chairman, Penske Corporation. “From Smart Venue technology at the … [Read more...] about IndyCar, NTT And NTT DATA Sign Multi-Year Agreement
Recently Appointed Executive Chef Harrison Cheney Brings New Nordic Influence To Michelin Starred Restaurant Sons & Daughters
Share to Twitter Share to Linkedin Dining at San Francisco's Michelin-starred restaurant Sons & Daughters is an intimate experience, one in which refined hospitality and attention-to-detail meets new Nordic inspired cuisine prepared with an emphasis on both seasonality and sustainability. Recently appointed Executive Chef Harrison Cheney brings to Sons & Daughters over 14 years of formidable culinary experience, having spent a quarter of his culinary career at two Michelin-starred Gastrologik in Stockholm. Before that, he worked with acclaimed Michelin-starred chefs Phil Howard at The Square in London and Michael Tusk at Quince, and at The Ledbury at Notting Hill. Since becoming Executive Chef, he's introduced an impressive 18 course tasting menu that truly takes diners on a culinary journey, one that takes ingredients at their very peak of ripeness and refines them in exceptional ways that bring out the essence of their being. An example? The … [Read more...] about Recently Appointed Executive Chef Harrison Cheney Brings New Nordic Influence To Michelin Starred Restaurant Sons & Daughters
Who Supports ESG Investing And Who’s Against It (And Why)
Share to Twitter Share to Linkedin With President Biden’s veto of the Congress’s bipartisan joint resolution , ESG has been one of the hottest news stories in the financial world. Beyond the politics of it, proponents and opponents of the ESG push have their own reasons for staking out their positions. Would it surprise you to learn that self-interest plays a role? What is ESG and how does it work? At its most basic core, ESG is merely an extension of placing portfolio restrictions based on subjective, rather than accounting, factors. “Explained in simplest terms, ‘ESG’ stands for environmental, social and governance which is an investing strategy that takes into account a business’s environmental and social risks as part of a broader financial analysis,” says Rob Reilly, finance faculty at the Providence College School of Business and investment consultant at North Atlantic Investment Partners in Boston. How you use ESG will depend on how you … [Read more...] about Who Supports ESG Investing And Who’s Against It (And Why)
Activists Push, But Europe Hesitates To Call Iran’s Revolutionary Guards Terrorists
Share to Twitter Share to Linkedin In late February, British-Iranian human rights activist Vahid Beheshti set up camp opposite the entrance to the Foreign Office in central London and began a hunger strike. He had one main demand: that the UK government designated Iran’s Islamic Revolutionary Guards Corp as a terrorist group. More than a month later, he is still there, having lost around 11 kilos. “Sometimes I get cold. Sometimes I get weak and sometimes I think I have energy. Then the next hour it drains out again,” he said on March 24, on the 30th day of his hunger strike. “Physically [I’m] getting weaker but internally [I’m] getting stronger and I'm determined to continue until we achieve this great goal.” His aim is a policy that, until recently, seemed to be high up the agenda of the London government. At the start of the year, the UK seemed to be on the verge of proscribing the IRGC. Government minister Leo Docherty told the House of Commons on … [Read more...] about Activists Push, But Europe Hesitates To Call Iran’s Revolutionary Guards Terrorists
UNICEF: After 8 Years Of War, 11M Children In Yemen Need Humanitarian Aid
Share to Twitter Share to Linkedin Almost a decade of conflict has devastated the lives of millions of children in Yemen. UNICEF and partners are providing urgent humanitarian aid. As the war in Yemen stretches into its ninth year, children remain caught in the crosshairs. More than 11,000 children were killed or seriously injured between March 2015 and November 2022, according to UN-verified reports. Fierce conflict, economic collapse and a crippled social support system have left 11 million children across the country in need of one or more forms of humanitarian aid. Thousands of children killed or injured, millions suffering from malnutrition The conflict has also exacerbated the country's ongoing malnutrition crisis: 2.2 million children are suffering from acute malnutrition; more than 540,000 under age 5 have been diagnosed with severe acute malnutrition, a life-threatening condition if not treated urgently. “The lives of millions of … [Read more...] about UNICEF: After 8 Years Of War, 11M Children In Yemen Need Humanitarian Aid