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NBA Strips Clippers of Five Draft Picks, Fines $30M Over Kawhi Leonard Scandal
NBA penalizes LA Clippers $30 million and strips five first-round picks for salary cap violations involving Kawhi Leonard. Owner Steve Ballmer suspended one year.
Braith Anasta Quits Player Agent Role as NRL Cracks Down on Media Conflicts
Braith Anasta steps down as a player agent to focus on Fox League hosting after the NRL introduces stricter conflict of interest rules for media personalities.
Square Enix Stock Falls 6% After Denying Privatization Rumors on September 2
Square Enix Holdings (9684.T) denies privatization rumors after stock jumped 7%. Company states it is not considering going private. Stock falls 6% on September 2 after denial.
Indiana Ends Ambulance Diversion Policy Starting September 1, 2026
Indiana hospitals can no longer divert ambulances due to overcrowding starting September 1, 2026. The state joins Massachusetts and Rhode Island in ending the 25-year practice that delayed critical care.
Two Singapore Wealth Gurus Declared Bankrupt; S$5M Investor Funds at Risk
Lim Jian Bin and Jason Fong Wai Hong, who promised guaranteed 15% returns, declared bankrupt in July and April 2026. Over 50 investors have S$5 million tied up in their schemes. Police investigating.
Partners Group Stock Drops 9.7% as H1 Profit Falls 13%, CEO to Step Down
Partners Group stock plunges 9.7% after H1 profit fell 13% to CHF 502 million. CEO David Layton to return to investment role; co-CEO structure returns January 2027.
Connor Hellebuyck Requests Trade From Jets as Vezina Winner Seeks New Home
Connor Hellebuyck, three-time Vezina Trophy winner, publicly confirms trade request from Winnipeg Jets. The 33-year-old goaltender seeks new team before NHL training camp in September.
US Ends Military Aid to Iraqi Kurds by September 30, 2026
Pentagon halts military aid to Kurdish Peshmerga forces as four-year security agreement expires September 30, 2026. Kurds fear power vacuum and Iranian expansion.
Oil Flows Through Strait of Hormuz Recover to Two-Thirds of Pre-War Levels, Goldman Sachs Says
Goldman Sachs said Thursday that oil flows through the Strait of Hormuz have recovered to roughly two-thirds of pre-war levels. Total Gulf exports of crude and oil products have climbed to 15 million to 16 million barrels per day. Goldman Sachs said the recovery is limiting the Iran war’s overall impact on global crude prices….