10 Updates

NBA Expected to Name Former Citi, Time Warner Head Parsons as Clipper CEO

May 9 2014, 2:06pm CDT | by

When the NBA says it will name a CEO of the Clippers, it means a CEO. With the announcement expected at tonight’s game against Oklahoma City, TNT’s David Aldridge says it will be former Citicorp...

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11 weeks ago

NBA Expected to Name Former Citi, Time Warner Head Parsons as Clipper CEO

May 9 2014, 2:06pm CDT | by

When the NBA says it will name a CEO of the Clippers, it means a CEO. With the announcement expected at tonight’s game against Oklahoma City, TNT’s David Aldridge says it will be former Citicorp chair and Time Warner head Richard Parsons.

The plan is for Parsons to run the team until owner Donald T. Sterling sells it. However, Sterling’s plan is to keep it, or transfer ownership to his wife, Shelly.

Parsons will oversee all departments but is expected to let Coach Doc Rivers, who now runs the entire basketball operation, continue in that role.

The appointment can’t be a surprise to Rivers. When NBA officials informed team employees that a new CEO would be hired last week, they said Doc would be on the search committee.

Silver said that he would ask NBA owners to force Sterling to sell his team when he announced his lifetime ban. However, the league has yet to present Sterling with its complaint or hear his side of the story. League officials say that may take another two weeks.

In the meantime, Sterling’s side keeps leaking—in more tapes recorded by another close friend, according to Radaronline.com.

“So they should take away for life your team [if] you say the wrong thing to a girl?” the voice identified as Sterling’s asks. “… I know what I said was wrong. But I never thought the private conversation would go anywhere, out to the public.”

On the Radar tape, Sterling says he said the thing to V. Stiviano—which she taped and TMZ broadcast—because he wanted to have sex with her (“… you might say anything. You might say you have the biggestpenis in the world! I would have said I could fly over a high rise building if I had to!”)

However, TMZ said its tape was recorded on April 9, 33 days after Sterling’s wife, Shelly, filed suit against her–”on behalf of the Sterling family,” according to a Clipper statement—trying to recover a $1.8 million duplex and five luxury automobiles.

 
Update
10

7 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the D ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

7 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broken into by robbers. ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

7 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rej ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

7 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datu ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

7 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan’ in the southern states la ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

7 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 millio ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

7 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

7 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an allocation of RM2 ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Bazaar Sc ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

8 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Damansara Skyway ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

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