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NBA free agency rumors: Former Knicks forward Michael Beasley signing…

“Los Angeles has agreed to a one-year, $3.5 million contract with Michael Beasley, according to a report from ESPN. The 29-year-old forward spent last season with the Knicks” reports sportingnews.com. He’s also played for the Timberwolves, Suns, Rockets and Bucks during his 10 seasons in the NBA. LeBron James announced he was leaving the Cavaliers and signing a four-year, $154 million contract with the Lakers when free agency began July 1. Source: sportingnews.com Share This:

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U.S. lawmakers set to grill Trump’s consumer watchdog pick

“WASHINGTON (Reuters) – Fireworks are expected in U.S. Congress on Thursday when lawmakers question Kathy Kraninger, a senior government official and President Donald Trump’s pick to lead the consumer watchdog created after the 2007-2009 financial crisis” writes Midwest Communications Inc for 95kqds.com. But other conservatives have raised concerns that her lack of consumer finance experience will hurt her confirmation chances.Democrats have said she lacks relevant experience and even some Republicans have questioned her familiarity with the consumer finance issues she would be tasked with policing. Source: 95kqds.com Share This:

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VA cleaning house of Trump haters: Report

“Trump allies at the Department of Veterans Affairs have begun an effort to oust or transfer officials at the agency who appear to be disloyal to President Trump, according to a new report” writes Ap Photo Jacquelyn for washingtonexaminer.com. The report comes as Trump’s nominee to lead the agency, Robert Wilkie, is awaiting full confirmation from the Senate. He served as acting secretary of the VA following David Shulkin’s removal, and as he awaits confirmation, has returned to his role as head of military personnel at the Defense Department. [Also…

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What are the salary cap ramifications of the Kawhi Leonard trade?

“They were sitting at $138.3 million in team salary (in terms of committed contracts, plus a minimum salary deal to get to the 14 roster players required)” writes Jul Edt for raptorshq.com. Meaning a tax bill of $27.7 million, bringing the total salary cost on the team to about $165 million.Importantly for the Raptors, this trade increases their committed salary to $140.7 million, and their tax bill to $35.2 million, when you consider adding minimum salary players to fill out the roster.The Raptors technically create a small trade exception (TPE)…

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Trump’s FEMA wants the public to know that it’s not ready for another major hurricane season.

“The Federal Emergency Management Agency was already supporting 692 federally declared disasters when hurricane season started last year” writes Emily Atkin for huffingtonpost.com. Then came the most destructive disaster season in U.S. history, causing $265 billion in damage and forcing more than a million Americans from their homes. Source: huffingtonpost.com Share This:

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Exclusive: Canada housing agency pushes for better income checks to catch fraud

“The Canada Mortgage and Housing Corporation (CMHC) action plan, obtained by Reuters under public records laws, shows the agency is concerned about systemic risk posed by mortgage fraud” reports businessinsider.com. The documents reveal that CMHC will start publishing statistics on mortgage fraud, which are not currently available in Canada.The agency has said repeatedly that there is little evidence of widespread fraud in Canada, but it also says data is limited.Unlike tax authorities in the United States and the United Kingdom, the Canada Revenue Agency (CRA) does not verify income for…

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An Indonesian mob killed nearly 300 crocodiles in a revenge attack

“Photographs released by Antara news agency showed bloodied carcasses of the crocodiles in a large pile in the Sorong district of the eastern Indonesian province of West Papua” writes Jessica Damiana for businessinsider.com. “An employee heard someone screaming for help, he quickly went there and saw a crocodile attacking someone,” Basar Manullang said in a statement. Source: businessinsider.com Share This:

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