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By Christine Benz of Morningstar If a knowledgeable observer trained his or her sights on my choices, what are the trouble spots they would identify? Here are some of the biggies. I hold too much employer stock I understand the tax implications of this, so I might as well sell each lot of restricted stock units as soon as it vests because there’s no tax benefit to hanging on longer. And it’s not like I think I possess some inside knowledge that the shares are likely to outperform the broad market. Instead, the key culprit here is inertia. There’s a…
The former mayor of Barstow and a dozen other people have been charged with felony marijuana cultivation and tax evasion in connection with a July 2022 raid at a warehouse owned by a Chinese countertop manufacturing company. Paul Anthony Courtney, 64, and the other defendants, including eight Chinese nationals, were each charged on July 2 with one felony count of tax evasion and one felony count of cultivating more than six marijuana plants. The criminal complaint filed by the San Bernardino County District Attorney’s Office noted that the crimes may have involved “great violence, great bodily harm” or other acts…
The Trump administration’s Department of Justice last week filed a lawsuit against California because of its policies that allow transgender females to compete in sports competitions with biological females. The feds say that the state Department of Education is violating the Title IX federal law that bans discrimination. A lot is at stake, as California receives more than $44 billion in public-school funding from the federal government. Following the lawsuit, Gov. Gavin Newsom called the lawsuit “a cynical attempt” to distract Californians from various public-school cuts. We agree that the president and his appointees are using transgender issues as a…
Board service can be deeply rewarding. You offer your time, expertise, and energy to advance a cause you care about. But the reality is that not all board experiences are created equal. What makes the difference? Often, it comes down to how well the board works together. Much has been said about the importance of due diligence before joining a board and whether founding a nonprofit is the right choice. But once you have accepted board service, the real work begins—not just in governance, strategy, and fundraising, but in collaboration. The way a board functions as a team can either…
DEL MAR — Philip D’Amato is back. After winning outright or sharing the trainers’ title for four straight Del Mar meetings, D’Amato was shut out in 2024. Bob Baffert edged D’Amato by two wins to claim the premier championship last summer and Mark Glatt triumphed during the fall meeting. But D’Amato served notice that he might be returning to form Saturday as he saddled both winners in the stakes doubleheader at Del Mar. Thought Process, who went off as the 2-5 favorite, cruised to a 1¾-length victory under Hector Berrios in the $200,000, Grade II San Clemente Handicap. Two races…
On Wednesday, the Trump administration revoked $4 billion in federal funds for the California high-speed rail project. “Federal dollars are not a blank check – they come with a promise to deliver results. After over a decade of failures, [California High Speed Rail Authority’s] mismanagement and incompetence has proven it cannot build its train to nowhere on time or on budget,” said U.S. Transportation Secretary Sean P. Duffy in a statement. “It’s time for this boondoggle to die.” Amen to that. The move follows a compliance review from the Federal Railroad Administration which noted many problems familiar to anyone who…
INDIANAPOLIS — Napheesa Collier made a statement with her record play on the court and the players made one with warmup shirts for the WNBA All-Star Game. Collier scored a record 36 points to help her team beat Team Clark 151-131 in the WNBA All-Star Game that was devoid of defense but full of 4-point shots. This record offensive effort came a year after the league’s annual exhibition game was a competitive contest that pitted the U.S Olympic team against WNBA All-Stars. The game capped off a weekend where negotiations for a new collective bargaining agreement took center stage. Players…
LAS VEGAS — Manny Pacquiao pushed back against his doubters, the odds and even Father Time on Saturday night, but in the end fell just short on judges’ scorecards as Mario Barrios escaped with a majority draw to retain the WBC welterweight championship. Two judges scored the bout a draw, and Barrios was given a 115-113 victory on the third card. Pacquiao, enshrined into the International Boxing Hall of Fame last month, was trying to break his own record for oldest welterweight champion. He was 40 when he emerged in 2019 split decision over Keith Thurman. This also was his…
LOS ANGELES — Marco Reus called the night a rollercoaster. That’s a good way to describe the Galaxy’s night at BMO Stadium Saturday against rival LAFC in the second El Tráfico meeting of the season. The night saw the Galaxy fall behind by two goals twice, a late-game scuffle that led to a red card for LAFC’s Eddie Segura and an eventual game-tying goal by Maya Yoshida, who Reus said used his “big head” to help the Galaxy escape with a point in a 3-3 draw. “I mean these games shows again a little bit of the rollercoaster of the…
LOS ANGELES — Something about this specific game, this specific opponent, just gets Dennis Bouanga going. Maybe it’s genuine hate. Maybe it’s a friendly rivalry. Maybe the MLS All-Star is just a star in any game he plays. But the yellow card he received after the final whistle — furious with officials following LAFC’s 97th-minute collapse to the Galaxy —suggested a visceral kind of investment. Likely hate. Whatever it is, in “El Tráfico”, against his rival of most abhorrence, LAFC’s star striker always shows. Saturday was no different as he bagged a two-goal brace in LAFC’s 3-3 draw against LA…