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In this article GPS Follow your favorite stocks CREATE FREE ACCOUNTA general view of an Old Navy store. Sales at Old Navy grew 6% to $2.29 billion, and Gap's overall gross margin surged 5.3 percentage points to 38.9% thanks to fewer markdowns and lower input costs. The extra week contributed about four percentage points of growth during the fiscal fourth quarter, the company said. Last month, Gap announced it had tapped fashion designer Zac Posen to be its creative director and Old Navy's chief creative officer. "His role as chief creative officer at Old Navy is really to harmonize, orchestrate and dial up the storytelling across product and marketing."
Persons: Richard Dickson, We're, Dickson, It's, he's, Zac Posen, isn't, He'll, they've, Eric Chan, Amy Thompson, Mattel's Organizations: Old Navy, Inc, Navy, LSEG, CNBC, Mattel, LA Clippers Locations: Posen
"I was deeply uncomfortable with all this for the longest time," Pete Ballmer said in the interview released earlier this month. Pete Ballmer said his grandpa gave him a "decent percentage" of Microsoft stock, which he said was worth "hundreds and thousands of dollars" by the time he turned 25. Pete Ballmer said a " moderator" who acts like a financial advisor is now always there whenever he and his dad discuss finances. "I don't want people to see my car and think, 'He's got money,' " Ballmer said. Pete Ballmer didn't immediately respond to Business Insider's request for comment.
Persons: , Pete Ballmer, Steve Ballmer, Ballmer, Pete Bronson, grandpa, Bronson, Uber, He's, Pete Ballmer didn't Organizations: Service, Microsoft, Forbes, Business, LA Clippers, Lincoln Town Locations: Oregon, Las Vegas
Billionaire Steve Ballmer is known for his antics at Microsoft events in the 2000s. The then-Microsoft CEO would often shout, run, and dance on stage at events. Here are nine of his wildest moments including some questionable dance moves at a Fergie show. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: Steve Ballmer, Fergie, , Steve Ballmer –, , Bill Gates, Ballmer, Ballmer's Organizations: Microsoft, Service, LA Clippers, Bloomberg
CNN —Legendary basketball coach Doc Rivers sat down for an in-depth interview with CNN This Morning’s Poppy Harlow. I didn’t know, should I wear a Clippers shirt? PH: You think: “Does this organization represent me?”DR: Yeah, yeah. I didn’t know it was going to be a story, if you know what I’m saying. PH: You’ve said: “I’m not going to coach the man you are, I’m going to coach the man you’re going to be.” Can you explain that?
Persons: Doc Rivers, Poppy Harlow, Donald Sterling, it’s, I’m, , , Andy, Roeser, Sterling, Jose Carlos Fajardo, Andy Roeser, “ We’re, Adam, Silver, David E, Muhammad Ali, RC Buford, Bill Russell, Arthur Ashe, that’s, Ali, Jim Rogash, you’re, There’s, let’s, You’ve, you’ve, can’t, Rivers, Andrew D, Bernstein, “ I’m, I’ve Organizations: CNN, Los Angeles Clippers, Sterling, Clippers, Boston Celtics, NBA, Brand, You’re, ESPN, LA Clippers, Golden State Warriors, Bay Area, Golden State Warriors DR, Spurs, GM, Boston Celtics Rivers, Celtics, LA Lakers Locations: American, Bay, Golden State, ” Rivers, Antonio
Nuggets keep Clippers winless in James Harden era
  + stars: | 2023-11-15 | by ( Field Level Media | ) www.reuters.com   time to read: +2 min
[1/76] Nov 14, 2023; Denver, Colorado, USA; Denver Nuggets guard Jamal Murray (27) warms up before the game against the LA Clippers at Ball Arena. Los Angeles led 102-98 with 3:24 left, but the Nuggets scored seven straight points to go ahead by three with 1:37 left. Los Angeles missed on the other end and Gordon's putback dunk made it 99-98 with 3:47 left. The Nuggets led 60-52 at halftime but the Clippers rallied in the third. Harden gave Los Angeles the lead with two free throws and then made it 84-81 with a 3-pointer with five seconds left.
Persons: Jamal Murray, Ron Chenoy, Nikola Jokic, Aaron Gordon, Reggie Jackson, Michael Porter Jr, Christian Braun, Paul George, James Harden, Kawhi Leonard, Norman Powell, Ivica Zubac, Harden, George, Jackson, Gordon, Leonard, Jokic, Tucker, Kentavious Caldwell, Pope, Westbrook, Porter Organizations: Denver Nuggets, LA Clippers, Ball, Los Angeles Clippers, NBA, Clippers, Los, Nuggets, . Los Angeles, The Nuggets, Thomson Locations: Denver , Colorado, USA, Denver, Los Angeles, Philadelphia
NBA roundup: Luka Doncic, Mavs overwhelm Clippers
  + stars: | 2023-11-11 | by ( ) www.reuters.com   time to read: +6 min
This was the Clippers' first in-season tournament game, while the Mavericks improved to 1-1. Tyrese Maxey racked up 29 points, 11 assists, six rebounds and four steals for Philadelphia, which has won seven straight games. Rockets 104, Pelicans 101Fred VanVleet drilled two late 3-pointers as Houston rallied from a 10-point, fourth-quarter deficit to defeat visiting New Orleans in an NBA in-season tournament game. Jayson Tatum had 23 points and 10 rebounds for the Celtics, who were playing in their first in-season tournament game. Anthony Edwards added 28 points for the Timberwolves, with Rudy Gobert racking up 11 points and 10 rebounds, Mike Conley scoring 11 points and Jaden McDaniels hitting for 10.
Persons: Luka Doncic, Dwight Powell, Kevin Jairaj, Kyrie Irving, Tim Hardaway Jr, Derrick Jones Jr, Kawhi Leonard, Joel Embiid, Embiid, Tyrese Maxey, Killian Hayes, Duren, Fred VanVleet, VanVleet, Brandon Ingram, Ingram, Zion Williamson, CJ McCollum, Herb Jones, Jordan Clarkson, Lauri Markkanen, John Collins, Keyonte George, Desmond Bane, Bismack Biyombo, Jaylen Brown, Jayson Tatum, Boston's Jrue Holiday, Lonnie Walker IV, Trendon, Dennis Smith Jr, Karl, Anthony Towns, phenom Victor Wembanyama, Anthony Edwards, Rudy Gobert, Mike Conley, Jaden McDaniels, LeBron James, D'Angelo Russell, Anthony Davis, Cam Reddish, Austin Reaves, Kevin Durant, Bradley Beal, Devin Booker, Mark Williams, Charlotte, Gordon Hayward, LaMelo Ball, Kevin Huerter, Keegan Murray, Domantas Sabonis, Murray, Malik Monk, Shai Gilgeous, Alexander Organizations: Dallas Mavericks, LA Clippers, American Airlines Center, Los Angeles Clippers, NBA, Dallas, The Mavericks, Clippers, Mavericks, West Group B, 76ers, Pistons, Philadelphia, Detroit, Rockets, Pelicans, Houston, New, Jazz, Grizzlies, Memphis, Celtics, Nets, Boston, Brooklyn, Trendon Watford, Timberwolves, Spurs, Minnesota, Lakers, Suns, Phoenix, Wizards, Washington, Hornets, Charlotte, East Group, Thunder, Sacramento, Oklahoma City, Kings, Group, Thomson Locations: Dallas , Texas, USA, Detroit, New Orleans, Utah, Minnesota, San Antonio, Los Angeles, Washington
[1/40] Nov 8, 2023; Brooklyn, New York, USA; LA Clippers forward Kawhi Leonard (2) warms up prior to the game against the Brooklyn Nets at Barclays Center. Walker stepped for the Nets after Cam Thomas was lost for the final 20:33 due to a sprained left ankle. Despite Walker's best night since joining the Nets as a free agent, Brooklyn sweated out the final minutes. Thomas added 14 points before exiting when he collided with Los Angeles forward P.J. Consecutive hoops by Walker and Sharpe pushed Brooklyn's lead to 89-78 with 6:42, resulting in a Los Angeles timeout before Bridges made it a 10-point game.
Persons: Kawhi Leonard, Wendell Cruz, Lonnie Walker IV, James Harden, Walker, Cam Thomas, Mikal Bridges, Los Angeles, Spencer Dinwiddie, Royce O'Neale, Thomas, P.J . Tucker, Dorian Finney, Smith, O'Neale, Day'Ron Sharpe, Bridges, Ben Simmons, Paul George, Leonard, Russell Westbrook, Harden, Sharpe, Brooklyn's Organizations: LA Clippers, Brooklyn Nets, Barclays Center, Los Angeles Clippers, Nets, Los, Milwaukee Bucks, Clippers, Brooklyn, Thomson Locations: Brooklyn , New York, USA, New York, Brooklyn, Los, Los Angeles, Philadelphia
The NBA and Diamond Sports Group, the largest owner of regional sports networks, have reached an agreement that will keep local broadcasts for 15 teams on Bally Sports through the end of this season. The agreement, which was contained in a court filing made Monday, is subject to court approval. While there will be a reduction in rights payments for some teams, the local rights for 15 franchises will revert back to those teams and the league at the end of this season. The agreement provides stability for fans, networks and NBA teams after Major League Baseball had to take over the broadcasts of San Diego Padres and Arizona Diamondbacks games last season after agreements could not be reached. The NBA teams that are currently on Bally are: Atlanta, Charlotte, Cleveland, Dallas, Detroit, Indiana, LA Clippers, Memphis, Miami, Milwaukee, Minnesota, New Orleans, Oklahoma City, Orlando and San Antonio.
Persons: Diamond, , ___ Organizations: NBA, Diamond Sports Group, Bally Sports, Diamond Sports, Southern District of, Major League Baseball, San Diego Padres, Arizona Diamondbacks, Bally, LA Clippers, National Hockey League, NHL, Comcast, YES Network, New York Yankees, Brooklyn Nets, Chicago Cubs ’ Marquee Network, MLB Locations: Southern District, Southern District of Texas, Atlanta, Charlotte, Cleveland, Dallas, Detroit , Indiana, Memphis, Miami, Milwaukee , Minnesota, New Orleans , Oklahoma City, Orlando, San Antonio
CNN —The 2023-24 NBA season may only have gotten underway last week, but this year, teams won’t need to wait until the NBA Finals in June to have the chance of lifting some silverware. How to watchIn the US, 14 group games and all seven knockout-round games will be nationally televised on ESPN or TNT, while international viewers will be able to watch on NBA League Pass. FormatThe inaugural In-Season Tournament begins on November 3 and ends with the championship game on December 7 – and every game except the title game will count towards regular season standings. Will LeBron James add an In-Season Tournament trophy to his four NBA titles? The NBA will, of course, be hoping for similar success for the In-Season tournament.
Persons: LeBron James, Mark J, Terrill Organizations: CNN, NBA, ESPN, TNT, Western, Memphis Grizzlies, Phoenix Suns, LA Lakers, Utah Jazz, Portland Trail Blazers, Denver Nuggets, LA Clippers, New Orleans Pelicans, Dallas Mavericks, Houston Rockets, Golden State Warriors, Minnesota Timberwolves, Oklahoma City Thunder, San Antonio Spurs Eastern Conference, Philadelphia 76ers, Cleveland Cavaliers, Atlanta Hawks, Indiana Pacers, Detroit Pistons Group, Milwaukee, Milwaukee Bucks , New York Knicks, Miami Heat, Washington Wizards, Charlotte Hornets, Boston Celtics, Brooklyn Nets, Toronto Raptors, Chicago Bulls, Orlando Magic Every, Mobile, Disney Locations: Las Vegas, Sacramento, Milwaukee Bucks ,, Florida
CNN —After his team’s first victory earlier this month, University of Colorado football coach Deion Sanders said something remarkable. He has entered one of the Whitest and most conservative institutions in America — college football — and excelled. It’s no secret the league has had a poor record of hiring Black coaches. Ron Jenkins/Getty ImagesHe’s brought an “audacious Blackness” to college football that’s revolutionary, one commentator says. In many ways, the profession at this level has become welfare for white coaches.
Persons: CNN —, Deion Sanders, , ” Sanders, Sanders, He’s, Muhammad Ali, Lil Wayne, Kawhi Leonard, Dwayne “, ” Johnson, ” Deion Sanders, Dwayne, Johnson, Andrew Wevers, , ” Clinton Yates, Obama, George Floyd, White, , It’s, Colin Kaepernick, Carmen Mandato, He’ll, , ” Greg Moore, Al Campanis, weren’t, Doug Williams, Rick Stewart, “ I’m, That’s, he’s, Shedeur Sanders, Ron Jenkins, , ” Vaughn Wilson, Ted Johnson, Deion, “ Sanders, Bakari K, Lumumba, cornerbacks, John Blake Organizations: CNN, University of Colorado, LA Clippers, Colorado, USC, BET, Colorado Buffaloes, Colorado State Rams, USA, Sports, Reuters, Buffaloes, Georgetown Hoyas men’s, University of Miami football, UNLV, Michigan, US Supreme Court, America —, NFL, White, Los Angeles Dodgers, Washington Redskins, Super, Blacks, of Famer, Jackson State University, TCU, Fort Worth , Texas . Colorado, Jackson State, Washington Post, that’s, Pan, Oregon Ducks, Black Locations: Boulder, Boulder , Colorado, Black America, America, Alabama, Georgia, Louisiana, Arizona, White America, Colorado, Mississippi, Fort Worth , Texas, White
Steve Ballmer is richer than Warren Buffett, Mark Zuckerberg, Larry Page, and Sergey Brin. The former Microsoft CEO is worth $120 billion, thanks to his estimated 4% stake in the company. Page and Brin have added $28 billion and $26 billion to their respective fortunes in 2023, lifting their net worths to $111 billion and $106 billion. Ballmer's fortune has ballooned this year thanks to Microsoft stock climbing to historic highs. The former Microsoft chief trails Larry Ellison ($133 billion) and Bill Gates ($137 billion) by some distance in Bloomberg's wealth index.
Persons: Steve Ballmer, Warren Buffett, Mark Zuckerberg, Larry Page, Sergey Brin, Ballmer isn't, Sergey Brin —, didn't, Bill Gates, Jeff Bezos, Larry Ellison, Zuckerberg, Brin, Elon Musk, Bernard Arnault, Buffett, Ballmer's, Ballmer, Page, Brin haven't, he's Organizations: Microsoft, Service, Google, Bloomberg, Forbes, LA Clippers, Berkshire Hathaway, Gates Foundation, Meta Locations: Wall, Silicon, Berkshire
ESPN has held preliminary discussions with the NFL, NBA and MLB about a variety of new partnerships and investment structures, the people said. Spokespeople for ESPN, the NFL and MLB declined to comment. The NBA and Disney have broached many potential structures around a renewal of media rights, the people said. Iger said last week in an interview with CNBC's David Faber that Disney is looking for a strategic partner for ESPN as it prepares to transition the sports network to streaming. Superficially, it may make less sense for the NBA, NFL and MLB which sign lucrative media rights deals with many media partners that fuel team revenue and player salaries with a range of media companies.
Persons: LeBron James, Bob Iger, Jimmy Pitaro, Spokespeople, RedZone, Iger, CNBC's David Faber, Faber, I'm Organizations: Los Angeles Lakers, LA Clippers, ESPN, Disney, National Football League, National Basketball Association, Major League Baseball, NFL, NBA, MLB, NFL Network, NFL.com, Warner Bros, Discovery, Hearst, Professional, Comcast, Amazon, Paramount Global, Apple Locations: Lake Buena Vista , Florida, Fox
CNN —It marks the dawn of a new generation of basketball talent; the NBA draft is here and its more exciting than ever. How to watchThe 2023 NBA draft takes place on Thursday, June 22 at Barclays Center in Brooklyn, New York, and is scheduled to begin at 8 p.m. To see who is selected by which team, fans can watch the draft on ABC, ESPN or via the NBA league pass. Two-time NBA MVP Jokić is what all general managers are stiving for, a late round pick who blossoms into a superstar player. First round draft orderHere is who will pick where in the first round of the 2023 NBA draft:1.
Persons: Victor Wembanyama, Wembanayama, he’s, , , ” Wembanyama, Wembanyama, Gregg Popovich, Brandon Miller, Scoot Henderson, Henderson, Miller –, Miller, Damian Lillard, Lillard, Thompson, Ausar Thompson, Amen Thompson, Dale Zanine, Cam Whitmore, Jarace Walker, Taylor Hendricks, Nikola Jokić, Jokić Organizations: CNN, NBA, Barclays Center, ABC, ESPN, San Antonio Spurs, Spurs, Morning, of Fame, Charlotte Hornets, Portland Trail Blazers, Miami Heat, AP, City, G League, City Reapers, USA, Sports, Reuters, Villanova, UCF, Denver Nuggets, Houston Rockets, Detroit Pistons, Orlando Magic, . Indiana Pacers, Washington Wizards, Utah Jazz, Dallas Mavericks, Oklahoma City Thunder, Toronto Raptors, New Orleans Pelicans, Atlanta Hawks, Los Angeles Lakers, Golden State Warriors, Brooklyn Nets, Sacramento Kings, Memphis Grizzlies, Indiana Pacers, LA Clippers Locations: Brooklyn , New York, Europe, “ San Antonio, , Morning America, San Antonio, Alabama, LaMelo, Portland, Houston, Serbian
A strong start to the stock market this year has helped reverse some of the big losses billionaires saw in 2022. So far this year, the world's top 10 billionaires added a collective $213 billion to their net worth. MARTIN BUREAU/AFP via Getty ImagesNet Worth: $92.8 billion2023 Gain: $21.3 billionSource of Wealth: L'Oreal9. Elon MuskElon Musk Gilbert Carrasquillo/GC ImagesNet Worth: $180 billion2023 Gain: $43.2 billionSource of Wealth: Tesla, SpaceX, Twitter1. Bernard ArnaultEric Piermont/Getty ImagesNet Worth: $210 billion2023 Gain: $47.8 billionSource of Wealth: LVMH Moet Hennessy Louis Vuitton
NBA roundup: Paul George gets hurt in Clippers' loss
  + stars: | 2023-03-22 | by ( ) www.reuters.com   time to read: +4 min
Kawhi Leonard scored 21 points and Paul George added 18 against his former team before departing with a knee injury. Derrick White added 20 points for the Celtics, and Marcus Smart scored 17. Day'Ron Sharpe scored 20 points to lead the Nets, who tied a season high with their fourth straight loss. Bogdan Bogdanovic started at guard in place of Dejounte Murray (illness) and scored 18 points. Sandro Mamukelashvili scored 20 points for the Spurs, who played without Keldon Johnson (neck), Devin Vassell (knee) and Zach Collins (rest).
NBA roundup: Kings edge Clippers 176-175 in 2OT
  + stars: | 2023-02-25 | by ( ) www.reuters.com   time to read: +6 min
Kawhi Leonard scored 44 points and Paul George added 34 points and 10 rebounds for the Clippers. Russell Westbrook scored 17 points and dished out 14 assists in his debut with the team. Brunson was held to 13 points and shot 6-of-20 after averaging 32.5 points in his final eight games before the All-Star break. Andre Drummond (13 points, 10 rebounds) and Nikola Vucevic (13 points, 10 rebounds) both notched double-doubles for Chicago. Chris Paul scored 16 points and Josh Okogie added 15 as Phoenix won for the 12th time in 16 games.
Her rise was tied to a period of reinvention for the wine world during which natural wine conquered millennial taste buds and became ubiquitous on menus across the US. Marissa Ross, Bon Appétit's wine editor from 2016 to 2020, often posted pictures of herself chugging straight from the bottle — a technique she called "The Ross test." "Natural wine," a nebulous term that generally refers to wine made with minimal intervention and without additives like sulfites, was tentatively entering the American wine world. Many in the wine world took the idea that you didn't have to be educated to know about wine as a personal insult. When she first told BA that she planned to cover only natural wines, Ross said, Rapoport called to try to change her mind.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe technology is really going to get us an amazing place, says LA Clippers owner Steve BallmerCNBC's Frank Holland talks with Steve Ballmer, former Microsoft CEO and current LA Clippers owner to discuss the NBA tech summit and the future of the Clippers dome.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with fmr. Microsoft CEO Steve BallmerCNBC's Frank Holland talks with Steve Ballmer, former Microsoft CEO and current LA Clippers owner to discuss the NBA tech summit and the future of the Clippers dome.
Luka Doncic: NBA superstar prefers chess to Twitter
  + stars: | 2022-11-17 | by ( Ben Morse | ) edition.cnn.com   time to read: +2 min
“I just play chess on my phone,” said the Dallas Mavericks star. After his game-winning performance against the Boston Celtics in February 2021, Doncic was asked how he chooses how to dissect a defense. “It’s like playing chess: you’ve got to take your time and see the moves,” he told TNT after his 31-point performance. A quick scroll through Doncic’s blue tick verified Twitter account sees him celebrating the first basketball court built in Europe by an NBA team – his Mavericks team built a court in his homeland of Slovenia. The 26-year-old looks to be devoted sneakerhead, as he thanks on Twitter many of the shoemakers and sponsors he’s had in recent weeks.
CNN —Luka Doncić scored 35 points, including a clutch three-pointer with less than 30 seconds remaining, to give the Dallas Mavericks a 103-101 win over the LA Clippers despite blowing a 25-point lead. “Luka Magic” also had 11 rebounds, five assists and three steals, making every one of his 11 free throws along the way. Up against an injury-hit Clippers team – including Kawhi Leonard who is managing a knock to his knee – the Mavericks took a 15 point first-quarter lead. Mavs fans will be relieved as they narrowly avoided losing their second game of the season after leading by 22 or more. “We’re giving up a lot of big leads, just like we drew it up,” Mavericks coach Jason Kidd said after the game.
In addition to a poor run of results so far this season, the team lost LeBron James through injury during their latest defeat by the LA Clippers on Wednesday. “I didn’t do anything extraneous on the play,” James told reporters after the game. With the team currently stuck on 2-9 for the season, Lakers fans will be praying their starman and leader will be fit to play as soon as possible. Lakers coach Darvin Ham, however, urged James to “do what you need to do, just take care of your body.”“I mean it’s just a lot of adversity,” Ham told reporters after the game, speaking of James’ injury. I thought he had it going really, really well tonight.
Would you like to get inside the mind of Wall Street's junior bankers? Insider's Emmalyse Brownstein got her hands on recruitment firm Odyssey Search Partners' survey of first-year investment banking analysts. Click here to check out 13 of the most interesting data points from a survey of first-year investment banking analysts. 3. Business students don't want to work on Wall Street. Almost 90,000 business students from around the globe were surveyed on the top employers they would most want to work for.
NBA roundup: Clippers end skid, win on late Paul George shot
  + stars: | 2022-11-01 | by ( ) www.reuters.com   time to read: +6 min
George had 35 points, nine rebounds, eight assists and six steals for the Clippers, who scored the game's final seven points to break a four-game losing streak. Ivica Zubac recorded 16 points, 12 rebounds and four blocked shots while Marcus Morris Sr. added 11 points for Los Angeles. The star forward also contributed nine rebounds and seven assists. Cade Cunningham's 27 points, seven assists and six rebounds led the Pistons, who were playing the tail end of a back-to-back. Scottie Barnes added 21 points, seven rebounds and eight assists and Gary Trent Jr. scored 21 points for the Raptors, who were playing without Fred VanVleet (back).
CNN —LeBron James missed a buzzer-beater to tie the game as the Los Angeles Lakers lost 106-104 to the Portland Trail Blazers, taking the LA team’s season record to 0-3. Both missed points were immediately punished by a brilliant Damian Lillard, whose three-pointers took the game away from the Lakers. After his step-back three-pointer put the Trail Blazers up by two, James responded with an easy dunk. But he was immediately beaten by Jerami Grant, who turned James and beat Davis with his lay-up to put the Trail Blazers 104-106. From three games, the team is averaging 21.2% from three-point range and hit only six from 33 attempts against the Trail Blazers.
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