Dwight Howard Traded to the Brooklyn Nets

Facebook Twitter LinkedIn Email Reddit WhatsAppThe Brooklyn Nets have acquired Dwight Howard from the Charlotte Hornets in exchange for Timofey Mozgov, two second-round picks, and cash considerations. Deal includes Nets sending two future second-round picks and cash to Charlotte for Howard, who has a $23.8M expiring contract. https://t.co/v4sOImIHl2 — Adrian Wojnarowski (@wojespn) June 20, 2018 This move was a salary dump for the Nets, who were able to rid themselves of Mozgov and his monstrous contract. The 7’1″ Russian is set to make around 16 million for the next two…

Read More

Trump Administration Lowers Cost of Health Care For Small Businesses

Facebook Twitter LinkedIn Email Reddit WhatsAppThe Trump administration has been very active recently regarding what it considers to be health care reform. The administration has declared its support for making Obamacare’s pre-existing condition laws unconstitutional, and promoting private health care for veterans. The latest step in this process came on Tuesday, when they signed laws that are intended to give small businesses and self-employed citizens more affordable health care in exchange for less coverage and fewer customer benefits. This is a step forward for the administration’s project to offer alternatives…

Read More

China’s stock market in shambles after tariff threats

Facebook Twitter LinkedIn Email Reddit WhatsAppLooming trade war troubles China   China’s stock market took a massive blow on Tuesday amidst fears of a trade war with the United States. Over a thousand stocks fell by more than 10%, and the Shanghai Composite Index dropped below 3,000 – its lowest point since 2016. Following the confirmation of President Trump’s announcement that the U.S. will impose tariffs on $50 billion worth of Chinese goods, China announced that it would impose its own tariffs on the same amount of U.S. goods. Trump…

Read More

The Fox Bid War Heats Up: Disney Bids $71 Billion for 21st Century Fox Assets

Facebook Twitter LinkedIn Email Reddit WhatsAppAs of June 20th, Disney has raised its offer regarding its purchase of 21st Century Fox from $52.4 billion to $71 billion. This purchase would give Disney ownership of 20th Century Fox, along with FOX regional sports networks and cable channels such as FX, FXX, and National Geographic. Disney’s newest bid is in response to a $65 billion bid made last week by Comcast. Comcast officially decided to enter the bid for Fox and its accompanying assets after a federal judge ruled in favor of…

Read More

North Korea Set to Deliver Remains of U.S. Servicemen Killed During Korean War

Facebook Twitter LinkedIn Email Reddit WhatsAppRecent developments regarding the United States’ relationship with North Korea, namely last week’s summit, have caused both countries to extend certain supposed olive branches in order to solidify the shaky relationship. On North Korea’s end, this means the potential return of around 200 U.S. servicemember’s remains, held by the North Korean government since the Korean War. It is unclear when exactly the remains will be delivered. The negotiations regarding the remains have been reported by four White House officials. Said officials have expressed their hopes…

Read More