Remembering the Debasement Trade

Bickerstaff: Nori's Blazers deal a 'slap in the fa...

National Basketball Coaches Association president J.B. Bickerstaff called the unconventional structure of new Portland Trail Blazers coach Micah Nori's contract a "slap in the face to our value," an opinion echoed by several coaches throughout the league. According to league sources, Nori's contract with the Trail Blazers includes only one guaranteed year, with team options on the second and third year on the deal. The deal has a below-market base salary and includes incentives based on team...

White House requests $87.6 billion supplemental spending for Iran war, farm aid

The White House on Wednesday asked Congress for $87.6 billion in supplemental spending to pay for the Iran war and a host of other things including aid to U.S. farmers, and Ebola response. White House Office of Management and Budget Director Russell Vought made the request in a letter to House Speaker Mike Johnson. "I urge the Congress to take action on these important and urgent requests as soon as possible," Vought wrote.

【今朝の5本】仕事を始める前に読んでおきたい厳選ニュース

JPMorgan Chase unveils $50 billion buyback, Goldman Sachs raises dividend after Fed stress test

JPMorgan Chase on Wednesday unveiled a new $50 billion share repurchase program and raised its quarterly dividend after the Federal Reserve found the nation's biggest banks remained well capitalized under its annual stress test. The biggest U.S. bank by assets said it will increase its quarterly dividend 10% to $1.65 per share, subject to board approval, and authorized the buyback program effective July 1. "The Board's intended dividend increase is supported by our consistent investment in...