LOS ANGELES — It was one week into his new job as coach of the Los Angeles Lakers when JJ Redick had a sudden rush of horror.He had just hired his first two assistant coaches, and he couldn’t have been more pleased. Nate McMillan had 19 years of NBA head-coaching experience. And Scott Brooks spent 12 years as an NBA head coach. Both played point guard in the NBA, McMillan for 12 seasons and Brooks for 10. They had a combined 1,281 wins as coaches.It was the perfect blend of experience, knowledge and credibility that Redick felt he needed beside…
Author: usaeverydaylife
Mr. Trudeau will remain in both roles until he is replaced as the head of the Liberal Party, a process that could take several months. His successor would then become prime minister, at least until federal elections are held.The abrupt and acrimonious resignation of an influential Trudeau deputy last month highlighted his deep unpopularity after nearly a decade in power.Here’s what to know about Mr. Trudeau’s rise and fall, and what could happen next.What will happen to Canada’s government?Mr. Trudeau has asked for Parliament to be suspended until late March — a process known as prorogation — creating a lengthy…
Wall Street loves a 140-year-old original blue chip that pays a 4.9% dividend as trading in the new year kicks off. Wells Fargo named AT & T a top telecommunications idea for 2025, citing expectations for double-digit earnings per share growth by 2027 fueled by its fiber-to-the-home broadband internet buildout. “We believe T is poised to reap the benefits from refocusing to being a dedicated comm[unications] provider,” wrote analyst Eric Luebchow. “T’s long-term guidance provided at its Investor Day in December 2024 provided clarity on its plans to deliver $40B in shareholder return from 2025-2027,” he said. AT & T…
A mob of supporters of U.S. President Donald Trump fight with members of law enforcement at a door they broke open as they storm the U.S. Capitol Building in Washington, Jan. 6, 2021.Leah Millis | ReutersCongress will convene Monday to certify President-elect Donald Trump’s victory over Vice President Kamala Harris in the 2024 election, four years to the day after Trump’s supporters rioted inside the U.S. Capitol to protest his defeat in the 2020 election.No similar violence or chaos is expected at Monday’s joint session to confirm Trump’s return to power. After the 2020 election, Trump falsely denied President Joe…
Canada Prime Minister Justin Trudeau makes an announcement outside Rideau Cottage in Ottawa on Monday, Jan. 6, 2025.Adrian Wyld | The Canadian Press via APCanada’s Justin Trudeau on Monday said he would step down from the helm of the ruling Liberal Party, but will stay on as prime minister until a new leader is selected ahead of general elections due by late October.”I intend to resign as party leader, as prime minister after the party selects its next leader through a robust nationwide, competitive process,” he said during a Monday press conference. “Last night, I asked the president of the…
FOXBORO, Mass. — As far back as July, when Jerod Mayo arrived at the practice fields out behind Gillette Stadium for his first training camp as coach of the New England Patriots, many prognosticators saw a team that was at the starting point of a big-time rebuild. That the Patriots finished the season with a dismal 4-13 record shouldn’t be looked at as a big surprise.Why, then, is Mayo out as coach after just one season? We can cherry-pick this or that coaching decision or non-decision, but it wasn’t just what happened on the field that suggested a not-ready-for-prime-time unsteadiness…
The Federal Reserve’s top banking regulator will be stepping down next month, paving the way for President-elect Donald Trump to name a replacement and heading off a potential confrontation between the two.There had been speculation that Trump might seek to replace Barr after he takes office Jan. 20, the announcement will ease that transition amid speculation that the new president wants someone who is more bank-friendly to take the role.Barr’s resignation from the position, which is formally called the vice chair for supervision, takes effect as of Feb. 28, though he will stay on as a governor on the Fed…
Morgan Stanley anticipates a rocky road ahead for shares of Palantir after a record 2024 run fueled by artificial intelligence. Analyst Sanjit Singh assumed research coverage of the software company with an underweight rating, saying that despite its early AI strides, the risk-reward ratio looks skewed to the downside. The stock was previously not rated at Morgan Stanley. “While acknowledging strong execution and momentum, we see success more than priced in at the current multiple premium,” Singh wrote. Along with the underweight rating, Singh placed a $60 price target on Denver-based Palantir, omplying roughly 25% downside from Friday’s close. Shares…
File: Park City Mountain Resort in Park City, Utah.Denise Truscello | Wireimage | Getty ImagesVail Resorts shares have dropped in recent weeks as a labor dispute roiled one of America’s most prominent skiing destinations.The Park City Professional Ski Patrol Association, a union representing patrollers at the Utah mountain of the same name, went on strike late last month. The work stoppage has spurred complaints of long lines, closures and delays on social media from patrons on expensive ski trips.This situation has raised awareness of the conglomeration of America’s ski resorts under Vail and a handful of other companies. Vail’s history…
Former U.S. President Donald Trump sits in the courtroom during his hush money trial at Manhattan criminal court on April 26, 2024 in New York City. Michael M. Santiago | Getty ImagesAttorneys for President-elect Donald Trump sought to block his scheduled sentencing later this week in a New York criminal hush money case, according to a new court motion.Trump’s lawyers told Manhattan Supreme Court Judge Juan Merchan in the motion made public Monday that they will appeal his ruling denying their efforts to dismiss the criminal case.The motion argues that the appeal should automatically stay the sentencing, which is scheduled for…
