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Chase Berkshire Hathaway Into More Occidental PetroleumSuch bet are usually bad ones, which is why so many massive casino-resorts have been built on Las Vegas Boulevard. But it doesn't mean the organizers are wrong. They're counting on the minimum of $1 million in guaranteed name, image and likeness money that will go to each of the eight teams competing in the neutral-site tournament that begins Tuesday will create a precedent for other such events. EverWonder Studios CEO Ian Orefice, who co-founded Players with former AND1 CEO Seth Berger, compared this event to last year's inaugural NBA In-Season Tournament that played its semifinals and final in Las Vegas by saying it "did really well to reinvigorate the fan base at the beginning of the year." "We're excited that we're able to really change the paradigm in college basketball on the economics," Orefice said. "But for us, it's about the long term. How do we use the momentum that is launching with the 2024 Players Era Festival and be the catalyst not to change one event, but to change college basketball for the future." Orefice and Berger didn't disclose financial details, but said the event will come close to breaking even this year and that revenue is in eight figures. Orefice said the bulk of the revenue will come from relationships with MGM, TNT Sports and Publicis Sport & Entertainment as well as sponsors that will be announced later. Both organizers said they are so bullish on the tournament's prospects that they already are planning ahead. Money made from this year's event, Orefice said, goes right back into the company. "We're really in this for the long haul," Orefice said. "So we're not looking at it on a one-year basis." Rick Giles is president of the Gazelle Group, which also operates several similar events, including the College Basketball Invitational. He was skeptical the financial numbers would work. Giles said in addition to more than $8 million going to the players, there were other expenses such as the guarantees to the teams. He said he didn't know if the tournament would make up the difference with ticket sales, broadcast rights and sponsorship money. The top bowl of the MGM Grand Garden Arena will be curtained off. "The math is highly challenging," Giles said. "Attendance and ticket revenues are not going to come anywhere close to covering that. They haven't announced any sponsors that I'm aware of. So it all sort of rests with their media deal with Turner and how much capital they want to commit to it to get these players paid." David Carter, a University of Southern California adjunct professor who also runs the Sports Business Group consultancy, said even if the Players isn't a financial success this year, the question is whether there will be enough interest to move forward. "If there is bandwidth for another tournament and if the TV or the streaming ratings are going to be there and people are going to want to attend and companies are going to want to sponsor, then, yeah, it's probably going to work," Carter said. "But it may take them time to gain that traction." Both founders said they initially were met with skepticism about putting together such an event, especially from teams they were interested in inviting. Houston was the first school to commit, first offering an oral pledge early in the year and then signing a contract in April. That created momentum for others to join, and including the No. 6 Cougars, half the field is ranked. "We have the relationships to operate a great event," Berger said. "We had to get coaches over those hurdles, and once they knew that we were real, schools got on board really quickly." The founders worked with the NCAA to make sure the tournament abided by that organization's rules, so players must appear at ancillary events in order to receive NIL money. Strict pay for play is not allowed, though there are incentives for performance. The champion, for example, will receive $1.5 million in NIL money. Now the pressure is on to pull off the event and not create the kind of headlines that can dog it for years to come. "I think everybody in the marketplace is watching what's going to happen (this) week and, more importantly, what happens afterwards," Giles said. "Do the players get paid on a timely basis? And if they do, that means that Turner or somebody has paid way more than the market dictates? And the question will be: Can that continue?" CREIGHTON: P oint guard Steven Ashworth likely won’t play in the No. 21 Bluejays’ game against San Diego State in the Players Era Festival in Las Vegas. Ashworth sprained his right ankle late in a loss to Nebraska on Friday and coach Greg McDermott said afterward he didn’t know how long he would be out.
Bitcoin storms above $100K, sees value more than double in 2024
MUNICH (AP) — Harry Kane is the quickest player to score 50 goals in the Bundesliga after scoring a hat trick on his 43rd appearance on Friday. Kane’s three goals – including two penalties – gave Bayern a 3-0 win over Augsburg , stretching the Bavarian powerhouse’s lead to eight points ahead of the rest of the 11th round. Kane scored 36 goals in 32 league appearances last season, his first for Bayern after joining from Tottenham. It was also the first season since 2012 that Bayern failed to win the title, as Bayer Leverkusen went undefeated to snap Bayern's winning run. As well as 14 league goals this season, Kane has scored five in the Champions League and one in the German Cup. Against Augsburg, he had to be patient as Augsburg goalkeeper Nediljko Labrović and his defenders stood firm. “It was somehow typical Harry Kane,” Bayern coach Vincent Kompany said. “It was close in the first half, close, close, close, and then it happens, I think three goals in 15 minutes. Of course, he can do that. But for such a player, I have to say, he had a lot of chances that he could maybe make more of. Then, in an instant, everything is perfect and he can score many goals.” AP soccer: https://apnews.com/hub/soccer
Bryce Thompson scored 17 points and achieved a milestone as Oklahoma State defeated Miami 80-74 on Friday afternoon in a Charleston Classic consolation game in Charleston, S.C. Thompson made 6-of-14 shots from the floor, surpassing 1,000 points for his career at Oklahoma State (4-1), which also got 15 points from Marchelus Avery. The Cowboys won in large part thanks to their impressive 3-point shooting (10-for-22, 45.5 percent). Oklahoma State backup guard Arturo Dean, a Miami native, posted eight points and one steal. He led the nation in steals last season while playing for Florida International. Miami (3-2) has lost two straight games in Charleston, failing to take a lead at any point. They will play on Sunday against either Nevada or VCU. The Hurricanes on Friday were led by Nijel Pack, who had a game-high 20 points. Brandon Johnson had a double-double for Miami with 12 points and 10 rebounds. Matthew Cleveland scored 11 points and Lynn Kidd and Paul Djobet added 10 points apiece for Miami. Miami, which fell behind 7-0 in Thursday's loss to Drake, got behind 9-0 on Friday as Abou Ousmane scored six of his eight points. Oklahoma State stretched its lead to 18 before settling for a 43-27 advantage at the break. Pack led all first-half scorers with 10 points, but Miami shot just 29.6 percent from the floor, including 3-of-13 on 3-pointers (23.1). Oklahoma State shot 48.4 percent, including 8-for-15 on 3-pointers (53.3 percent) before intermission. The Cowboys also had a 14-8 edge in paint points. In the second half, Miami closed its 20-point deficit to 55-42 with 12:12 left. Miami got a bit closer as two straight short jumpers by Kidd, trimming the deficit to 73-62 with 3:25 to play. The Hurricanes cut it to 77-70 on Pack's 3-pointer with 34 seconds remaining, but the Cowboys hit their free throws to close out the win. --Field Level Media
An archbishop's knock formally restores Notre Dame to life as winds howl and heads of state look on
Sen. Rand Paul, R-Ken., talks about the debt ceiling and government spending on ‘Sunday Morning Futures.’ Sen. Rand Paul, R-Ky., is calling out the Biden administration for spending over a trillion taxpayer dollars on "government waste" this year, including on a bearded lady cabaret show, Arabic Sesame Street, and "girl-centered climate action." The Kentucky senator released his annual "Festivus" report that details different ways in which the current administration spent taxpayer dollars throughout the year. The 2024 Festivus Waste Report found that the Biden-Harris administration spent over $1 trillion this year, including giving a $10,000 grant to "Beards on Ice" — an ice skating drag show on climate change put on by the Bearded Ladies Cabaret, a self-described "queer cabaret arts organization." Additionally, the Agency for International Development (USAID) spent $20 million on a Sesame Street spin-off show in Iraq, titled "Ahlan Simsim," in an effort to promote "inclusion" and "mutual respect." WHERE'S BIDEN? LAME-DUCK PRESIDENT SLAMMED FOR ‘QUIET QUITTING’ AMID MAJOR GOVERNMENT FUNDING BATTLE Members of the Bearded Ladies Cabaret cross Broad St., before a march by supporters of Sen. Bernie Sanders, I-Vt., in Philadelphia, Pa., on the first day of the Democratic National Convention, July 25, 2016. (Tom Williams) About $1.5 was spent experimenting how different species, such as young female kittens, respond to motion sickness. According to the report, researchers would strap kittens to a table, where they are spun around in several directions and have holes drilled into their skulls to keep them in place — "and it’s all being done with your money," Paul writes in the report. "More than one and a half million dollars of it." The Department of Health and Human Services (HHS) reportedly gave New York University (NYU) over $400,000 to study whether lonely rats seek cocaine more than rats who are in positive environments, while the Department of the Interior (DOI) allocated $12 million to fund a pickleball complex in Las Vegas, according to the report. Basma, Muppet From Ahlan Simsim, Sesame Street, speaks onstage during the 2019 Concordia Annual Summit - Day 1 at Grand Hyatt New York on September 23, 2019 in New York City. (Riccardo Savi) "Now, did the government really need to spend nearly half a million dollars to verify that social isolation and starvation may lead to increased drug usage? One thing is for sure, we must end this rat-wheel of waste!" Paul wrote in the report. THE 34 HOUSE REPUBLICANS WHO VOTED AGAINST A BILL TO AVERT A PARTIAL GOVERNMENT SHUTDOWN The State Department spent $3 million on "Girl-Centered Climate Action" in Brazil, a program reportedly designed to "empower young women to become climate leaders by integrating equity and inclusivity into environmental activism," the report writes, citing the grant details. Sen. Rand Paul, R-Ky., ranking member of the Senate Homeland Security and Governmental Affairs, blocked a bill Wednesday that would have allowed local law enforcement agencies to track aerial drones. (Jose Luis Magana) "As the average American taxpayers struggle to pay rent, their hard-earned dollars are ironically funneled into more real estate," the report read, referring to the Biden struggles spending $10B on maintaining and furnishing buildings that were almost entirely empty. The Department of Energy (DOE) gave automakers $15.5 billion to push the industry into the electric vehicle (EV) sector , while another $388,000 was given to "Magic in the United States," a podcast discussing how magical beliefs and practices have evolved in the U.S. CLICK HERE TO GET THE FOX NEWS APP The senator also mentioned the Biden administration giving $2.1 million to fund Paraguay's border: "Nothing says "America First" like securing someone else’s border," Paul wrote. Aubrie Spady is a Writer for Fox News Digital.World Athletics considering a World Treadmill Championships
It's holiday season, but that doesn't have to mean waiting in long lines for big sales to buy the hottest toy or newest game system. Whether you're a parent, relative, teacher, librarian or just a friend to a young person, consider a book that you can enjoy together. 'I Like Your Chutzpah And Other Yiddish Words You'll Like' Written and illustrated by Suzy Ultman “I Like Your Chutzpah and Other Yiddish Words You’ll Like," written and illustrated by Suzy Ultman Sweet, funny and infinitely readable, this board book contains 12 Yiddish words and their meanings, each accompanied by a simple, colorful illustration that will inspire fun reading voices. Recommended ages: 1 to 3. $9.99, RISE x Penguin Workshop ___ 'The 13 Days of Swiftness: A Christmas Celebration' People are also reading... Iredell County deputies charge 7 people in drug trafficking investigation Statesville native Tomlin leads Delaware State to MEAC volleyball title, NCAA berth Top vote-getter Houpe: Why am I not chairman of Iredell board of commissioners? 3 men face arson charges in Statesville house fire that severely burned woman Trump, Musk can learn from North Carolina, Raleigh writer says 4 pounds of marijuana, gun seized by Mooresville police officers Iredell-Statesville Schools closed Tuesday due to snow, ice Letter to the editor: Charging kids to play baseball at Jennings Park is poor idea Tiny, 4 more dogs seeking homes at Iredell County Animal Services New school chairman rules 2 fellow board members out of order in Iredell North Dakota man brings shed-building expertise to Troutman Get to know Mooresville basketball player Cadence Lane 3 Eagle Scouts and 1 grateful Iredell County resident Colombia native brings tastes of his homeland to downtown Statesville Statesville native's book offers clues to 5 hidden treasures Written by Tiffany Garland, illustrated by Brooke O'Neill "The 13 Days of Swiftness: A Christmas Celebration," written by Tiffany Garland, illustrated by Brooke O’Neill For the littlest Swifties, a play on the classic Christmas song — except instead of 12 days there are 13. Each page has bright illustrations and lots of Easter eggs for the fandom. Recommended ages: 3 and up. $10.99, Little, Brown Books for Young Readers 'Into the Uncut Grass' Written by Trevor Noah, illustrated by Sabina Hahn "Into the Uncut Grass" by Trevor Noah and illustrated by Sabina Hahn Trevor Noah tells a story of a boy and his teddy bear who venture into the uncut grass, picking up bits of wisdom along the way. Long and quotable, with humor and gentle watercolor illustrations. Per the intro, "it's a picture book, but it's not a children's book. Rather, it is a book for kids to share with parents and for parents to share with kids." All ages. $26, One World ___ 'Proper Badger Would Never' Written by Lauren Glattly, illustrated by Rob Sayegh "Proper Badger Would Never" by Lauren Glattly and illustrated by Rob Sayegh Badger was determined to be a perfectly proper guest at his first party, but his instincts may have gotten the better of him. Shred the gift wrapping paper? Never. Dig into the cake before it's served? Of course not. A colorful, texture-rich picture book that leans into joyful chaos. Recommended ages: 4 to 8. $18.99, Flamingo Books ___ 'Attack of the Scones' Written by Josh Funk, illustrated by Brendan Kearney "Attack of the Scones: Lady Pancake and Sir French Toast" by Josh Funk and illustrated by Brendan Kearney In the sixth installment of the series, Lady Pancake and Sir French Toast take on an alien invasion with the help of their fridge friends. Told in rhyming couplets with whimsical, expressive full-page illustrations. Recommended ages: 5 to 8. $8.99 paperback, $18.99 hardcover; Union Square Kids __ 'Bog Myrtle' Written and illustrated by Sid Sharp "Bog Myrtle" by Sid Sharp One sister loves the forest and its splendors; the other is more interested in money. Sharp uses literary devices from irony to alliteration to puns, taking on topics like worker rights and environmental sustainability. "This graphic novel is perfect for the quirky, goofy child in your life who loves deadpan humor and 'The Skull' by Jon Klassen," says Sarah Bradley, lead bookseller at Powell's Books. Recommended ages: 6 to 11. $22.99, Annick Press ___ 'My UnderSlumberBumbleBeast' Written by Zoje Stage and illustrated by J.E. Larson "My UnderSlumberBumbleBeast" by Zoje Stage and pictures by J. E. Larson Stage's book reimagines the monster under the bed as something far cuter and weirder. One day while cleaning her room, Pru finds a shy little creature called an UnderSlumberBumbleBeast. Includes crosshatch drawings and a glossary of the trickier vocabulary. Recommended ages: 7 to 10. $15.99, Bad Hand Books 'Otto Normal's Monsterton: The Disappearance of White Pine Beach' Written by Danielle McKechnie, illustrated by Simon Estrada "Otto Normal's Monsterton: The Disappearance of White Pine Beach" Otto moves with his mom from his normal California town to Monsterton, where they're the only humans among zombies, ghosts and sirens. Otto soon finds himself on a quick-paced adventure. With chunks of text broken up by beautiful digital color illustrations, blurring the line between chapter book and graphic novel, this glossy volume feels special to hold. Recommended ages: 8 to 12. $22.99, Simon & Schuster ___ 'The Wild Robot' Written and illustrated by Peter Brown "The Wild Robot" by Peter Brown Roz the robot is the sole survivor of a shipment gone overboard and has to adapt to the wild. She becomes the de facto mother of Brightbill the gosling, and the forest animals that shunned her otherness begin to form a community around her. Short chapters are punctuated by black-and-white illustrations. The trilogy saw a theatrical adaptation this year, and a special edition of the first volume features full-color inserts from the movie. Recommended ages: 8 to 12. $8.99 single paperback, $54 box set, Hatchette Book Group ___ 'The Young Green Witch's Guide to Plant Magic' Written by Robin Rose Bennett, illustrated by Rachel Grant "The Young Green Witch’s Guide to Plant Magic: Rituals and Recipes from Nature" by Robin Rose Bennett and illustrated by Rachel Grant This herbalist's chapter book with watercolor illustrations imparts how to use different plants, along with lessons of appreciation and self-acceptance and breathing meditations. There are also recipes for handy concoctions kids can make with minimal adult supervision, such as oatmeal scrub, lavender honey and dandelion pesto. Recommended ages: 8 to 12. $16.99, Running Press Kids ___ 'The Millicent Quibb School of Etiquette for Young Ladies of Mad Science' Written by Kate McKinnon, illustrated by Alfredo Cáceres "The Millicent Quibb School of Etiquette for Young Ladies of Mad Science" by Kate McKinnon Kate McKinnon of "Saturday Night Live" and "Barbie" fame tells the story of three adopted sisters who, having zero interest in perfecting the 85 ways to properly sit on a velvet fainting couch, find themselves expelled from etiquette school. Their new, extremely uncouth school puts them at the heart of a mystery in which the town is at stake. With fun fonts and the occasional illustration, the novel is a wildly imaginative celebration of strangeness with humor a la Lemony Snicket. Recommended ages: 8 to 12. $17.99, Little, Brown Books for Young Readers ___ 'Plain Jane and the Mermaid' Written and illustrated by Vera Brosgol "Plain Jane and the Mermaid" by Vera Brosgol The recently orphaned Jane has a week to get married and get her dowry before she'll be kicked to the streets. Handsome Peter might have accepted Jane's proposal if he hadn't been kidnapped by a mermaid. This full-color graphic novel challenges gender roles and beauty standards through an underwater adventure full of snark and hilarious characters, rivaling Jeff Smith's "Bone." Recommended ages: 10 to 14. $14.99, First Second 'A Good Girl's Guide to Murder' A trilogy by Holly Jackson "A Good Girl's Guide to Murder" by Holly Jackson Pip investigates a murder that she thinks another student was wrongly accused of. It's an ambitious project for a high school capstone, but Pip's an ambitious student. A TV adaptation of this true-crime-style story was produced by the BBC and released on Netflix over the summer. . Recommended ages: 14 and up. $14.99 single paperback, $47.97 box set, Ember ___ 'The Calculation of You and Me' By Serena Kaylor “The Calculation of You and Me" by Serena Kaylor Marlowe has great grades and a loving family, two best friends who understand her and all her autistic quirks, and a romantic boyfriend — until he breaks up with her, sending her perfectly categorized world into a tailspin. This sweet, funny, page-turning novel celebrates romance as an act and a genre. Recommended ages: 13 and up. $14 paperback, $24 hardcover, Wednesday Books ___ 'Lunar New Year Love Story' Written by Gene Luen Yang, illustrated by LeUyen Pham "Lunar New Year Love Story" by Gene Luen Yang and Leuyen Pham Valentina has one year to prove she doesn't share her family's fate of all romances ending in misery. If she doesn't find lasting love by then, she will give her heart to Saint Valentine and be forever protected from heartbreak. The graphic novel celebrates Asian culture alongside the ups and downs of love. Recommended ages: 14 and up. $17.99 paperback, $25.99 hardcover, First Second Small, luxury foods are great as stocking stuffers or other gifts. Ideas for under $50 By KATIE WORKMAN Associated Press Game-changing holiday gifts for building fires, printing photos, watching birds and more By JESSICA DAMIANO Associated Press More consumers hope to cut out self-gifting this year. They may be making a mistake. More consumers hope to cut out self-gifting this year. They may be making a mistake. Americans are heading into the first holiday season in years where buying less may be the first thing on their minds. And this year, gift lists may exclude one important person: you. Stacker dug into Deloitte's 2024 holiday retail survey to explore the psychology behind Americans' reluctance to self-gift this year. In the modern era, holiday gifting includes a practice that may seem rooted in consumerism—giving ourselves gifts. However, "self-gifting," psychologists say, carries its own importance. It's one consumers intend to cut back on or eliminate entirely this holiday shopping season, according to Deloitte's 2024 holiday retail survey of over 4,000 U.S. consumers. We've all done it. With hard-to-resist Black Friday deals and hypertargeted advertising, it can be difficult to resist shopping for yourself when doing so for others. Meanwhile, the cost of goods and services has risen faster than usual every year since 2021, when post-COVID-19 pandemic inflation took root in the U.S. economy and altered how we consume. Even so, Americans expect to spend more on gifts this holiday than in the previous five years. Deloitte found that the average person anticipates spending $1,778 this year, a 19% increase from 2019, when the average expected spend was $1,496. Baked into that figure are consumers' expectations of higher prices this season, according to Deloitte. In response, some Americans are signaling they may do less for themselves. About 1 in 3 consumers intend to self-gift this year, down from almost half of all consumers last year, Deloitte found. At least 2 in 5 (43%) won't spend on themselves at all, up from 25% last year. Today, the appeal of giving gifts around winter holidays is nearly universal. The holidays have long been an occasion to show our love for others in the exchange of gifts. Though giving gifts may have emerged from the biblical story of the three wise men, Christmas celebrations were among the first to lean into a commercialized version of the winter holidays. Other religious traditions like the Jewish celebration of Hanukkah have evolved to include gifting as a part of its observance over the winter holiday. Even workplace culture has adopted gifting as a way to foster connections and lift moods with traditions like Secret Santa. This holiday season, though, our modern treat-yourself-culture could be on pause for many Americans. You may also like: How to increase your credit limit and keep a good credit score More Americans prepared to remove themselves from holiday gift lists Dr. Steve Westberg, a professor of marketing and consumer psychology at the University of Southern California, suggests that the uptick in surveyed adults who say they hope to scale back self-gifting this year may be due to consumer pessimism and financial concern. Faced with more limited options during the pandemic years, Americans bestowed themselves with material goods—some out of practical necessity, others not. Over the 2020 and 2021 holiday seasons, Americans hunkered down at home to avoid catching or spreading the latest COVID-19 variant. They bought lots of furniture, electronics, and other items in lieu of spending on travel, outings, and live events. In 2022 and 2023, consumers embarked on so-called " revenge travel " to catch up on international and domestic trips. They attended the live music and sporting events they had missed out on. Today, there are signs that all of that spending is beginning to cause stress for the typical American consumer as prices remain painfully high . Americans' total amount of credit card debt is at an all-time high, and default rates for vehicle loans and credit cards are rising. In almost every major poll leading up to the 2024 presidential election, the economy and inflation were consistently the top issues driving voters to the polls. However, as consumers pull back, there's evidence that self-gifting can positively impact personal well-being . Jacqueline Rifkin, an assistant marketing and management communications professor at Cornell University, describes the practice as a way to self-regulate emotions. Self-gifting can express positive emotions in a way we may recognize as a celebration. "You just got a promotion, or you won some big award, you're feeling good, and you want to extend or amplify those good feelings. You can use self-gifting to achieve that," Rifkin told Stacker. Self-gifting can also be a way to deal with negative emotions. Rifkin published research in the Journal of Consumer Research on self-gifting, which revealed that people were least likely to gift things to themselves when under stress or feeling constrained—even though self-gifting can help us regulate during stressful moments. "If you're going through a rough time ... you can use self-gifting to pick yourself back up. One of the colloquial ways we think about this is 'retail therapy,'" Rifkin said. Can self-gifting and retail therapy veer into wasteful self-indulgence? Potentially, according to Westberg, who says the reasons we self-gift are similar to those that drive compulsive shopping habits. The act generates a positive emotional response. There's an important distinction, however, that experts draw between the two. Westberg and Rifkin agree that self-gifting stands out from other forms of shopping in that it incorporates intentionality. "You could define self-gifting as being a little more thoughtful in your choice," Westberg explained. Consumer advocates suggest that shoppers looking to cut back on spending create guardrails to help them shop more intentionally. Removing credit card information from our web browser's autofill function or delaying the impulse to "buy now" and creating a wish list instead can elongate the purchase process. Putting space between the initial urge to buy and the purchase can be revealing, too: It clarifies what's really meaningful and worthy enough to justify buying. For others, like Westberg, shopping satisfaction is derived from researching items to self-gift in the future. Westberg's initial inclination when it comes to self-gifting, like many of us, is to reward himself with some kind of "big ticket" item. "On the other hand, I don't know that I'll ever actually do that because once I have it, the anticipation aspect is going to go away," Westberg said. "So while I do think about self-gifting myself a car ... I get a lot of enjoyment [from] doing the research. ... [It's] the thoughtfulness that I can put into it rather than having the physical thing." According to Rifkin, our reluctance to give ourselves gifts isn't always born of financial constraints but also a belief that giving ourselves something won't actually make us feel better, even though it can. She advises consumers to remember that gifts can take on different forms this holiday season, and many of them don't cost a thing. "It's this intentional behavior that we engage in. It's something you do, you do it on purpose, and you do it for yourself," Rifkin said. "Could it be going for a walk around the block? Absolutely. Could it be dusting off a book that you hadn't read in a while and spending an hour reading it? Yes." Story editing by Alizah Salario. Copy editing by Paris Close. Photo selection by Kristen Wegrzyn. Get the latest local business news delivered FREE to your inbox weekly.
