Tag Archives: Los Angeles

Steve Ballmer bought the Clippers, but will NBA ever be rid of the Sterlings?

Steve Ballmer bought the Clippers, but will NBA ever be rid of the Sterlings? | Sport | News Wire
Shelly Sterling: ‘owner emeritus’ and ‘No1 fan’ of the LA Clippers. Photograph: Kevork Djansezian/Getty Images

The NBA would like fans to believe that the finalization of the $2bn sale of the Los Angeles Clippers to former Microsoft CEO Steve Ballmer on Tuesday marked the end of Donald Sterling’s dreadful legacy as an owner. Unfortunately, a provision in the deal ensures that Sterling’s estranged wife Shelly, current trustee of the Sterling Family Trust, will remain associated with the team as its “owner emeritus and No1 fan”.

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California Bill Would Cap EV Subsidies By Income

California Bill Would Cap EV Subsidies By Income

One of the bloodiest battlegrounds in the electric car wars is the topic of government subsidies for EV purchases. In the American case, it’s the $7500 federal tax credit for EVs and the various state incentives including California’s current $2500 rebate. In Europe and Asia, a variety of EV promotion schemes have frequently been the subject of acrimonious debate.  Much of the disagreement arises regarding the perceived “fairness” of rebates: defenders of subsidies generally claim that they help put EVs in the hands of middle-class consumers, with critics charging that they only serve to line the pockets of the wealthy. Now one California lawmaker wants to revamp the state’s subsidy program by capping the income level for households receiving EV rebates.

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Did Obama Administration Help Delphi Evade U.S. Taxes?

Did Obama Administration Help Delphi Evade U.S. Taxes?

From Bloomberg’s Zachary Mider comes a new allegation regarding the restructuring of (formerly) American parts maker Delphi: the Treasury Department under Obama helped the company re-incorporate in England as part of a tax avoidance strategy. If that’s true, it’s an embarrassing revelation for a President who recently condemned American companies that incorporate abroad as “corporate deserters.” Like many things in the financial world, however, appearances are often deceiving.

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Ruby Rose: 'I used to pray to God that I wouldn’t get breasts'

Ruby Rose: 'I used to pray to God that I wouldn’t get breasts' | World news | NewsWire
Ruby Rose: 'I put this video out that I really intended to be therapeutic for myself.' Photograph: PR

Everybody has a crush on Ruby Rose. Her heart-shaped jaw and piercing eyes first caught the attention of modeling agents when she was a child, and by her teens she was known as the cool tattooed girl on Australian MTV (her audition process required her to pound shots of beer and make out with strangers in the street).

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Ruby Rose: 'I used to pray to God that I wouldn’t get breasts' |

Ruby Rose: 'I used to pray to God that I wouldn’t get breasts' | World news | NewsWire
Ruby Rose: 'I put this video out that I really intended to be therapeutic for myself.' Photograph: PR

Everybody has a crush on Ruby Rose. Her heart-shaped jaw and piercing eyes first caught the attention of modeling agents when she was a child, and by her teens she was known as the cool tattooed girl on Australian MTV (her audition process required her to pound shots of beer and make out with strangers in the street).

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