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NBA Strips Clippers of 5 Draft Picks, Fines Ballmer $30M Over Kawhi Scheme
NBA penalizes LA Clippers with five first-round draft picks, $30M fine, and one-year suspension of owner Steve Ballmer for salary cap circumvention involving Kawhi Leonard.
Federal Judge Strikes Down Texas Drag Show Ban for Second Time
Federal Judge David Hittner permanently blocks Texas from enforcing Senate Bill 12, ruling the 2023 drag show ban unconstitutional for the second time due to First Amendment violations.
DC Appeals Court Overturns $130K Verdict Against James O’Keefe on August 22
DC Circuit overturns $130,000 judgment against James O’Keefe in Project Veritas case, ruling First Amendment protects undercover journalism from damages tied to publication.
Nearly 30,000 Pounds of Argentine Beef Recalled in Florida, Texas on August 11
Corte Argentino USA recalls 29,628 pounds of Argentine beef in Florida and Texas after products bypassed mandatory import reinspection. No illnesses reported.
Mahomes, Kelce Called Out for Downplaying Steakhouse Role in Trademark Lawsuit
1587 Sneakers accuses Mahomes and Kelce of minimizing their role in 1587 Prime steakhouse to escape trademark lawsuit. Court filings show the duo claimed they lack control over the restaurant.
Dutch Bros Buys Salad and Go’s 70 Arizona, Nevada Locations for $105M
Salad and Go files Chapter 11 bankruptcy, closing 70 Arizona and Nevada locations. Dutch Bros acquires assets for $105 million and will convert sites to coffee shops.
Cracker Barrel Sells Maple Street Biscuit Co. to Biscuit Belly, Closes 16 Locations July 23
Cracker Barrel sold Maple Street Biscuit Company to Biscuit Belly, closing 16 locations. The sale and a separate $77 million sale-leaseback deal aim to reduce debt and improve profitability.
Hardee’s Franchisee Files Chapter 11 as 59 Stores Face Closure Risk
Hardee’s franchisee Superior Star files Chapter 11 bankruptcy on July 9, putting 59 stores at risk across 10 states due to a $7.04 million seller financing dispute and hidden liabilities from its 2023 acquisition.
FBI Probes Argentine Football Association Over $300M Money Laundering Allegations
FBI investigates Argentine Football Association for alleged money laundering involving $300 million in U.S. financial transfers. Investigation focuses on Miami-based company TourProdEnter LLC managing AFA’s commercial deals.