Top Ten Billionaires make a Billion in the stock market in one day

Story by Bloomberg

It’s a perfect 10.

On Tuesday, for the first time since the March 2012 launch of the Bloomberg Billionaires Index, every one of the world’s 10 richest people added at least $1 billion to their fortunes as U.S. stock markets ripped higher, brushing off last week’s malaise.

The S&P 500 and the Nasdaq surged the most since March, and all 30 companies in the Dow Jones Industrial Average climbed as strong corporate earnings eased tensions from trade disputes and geopolitical

Amazon.com Inc.’s Jeff Bezos, the world’s wealthiest person, was again the top beneficiary, adding $4.7 billion to his net worth, which now stands at $150.3 billion. Facebook Inc.’s Mark Zuckerberg, ranked sixth, and No. 3 Warren Buffett saw their fortunes increase $2 billion and $1.8 billion, respectively.

The top 10 added a total of $16.8 billion while all 500 people tracked by the index are $61 billion richer.


Why Emmis Pulled The Plug On NextRadio And TagStation.

Story by Inside Radio

During a meeting last week in its home market of Indianapolis, Emmis CEO Jeff Smulyan delivered an ultimatum of sorts to broadcasters from various companies who had assembled to discuss the future of Next Radio and TagStation. “We finally said, ‘Guys, we can’t do this anymore,’” Smulyan recounted to investors Thursday. After bankrolling efforts to put FM on smartphones, and racking up millions of dollars in operating losses during the past five years, Emmis will radically reduce operations at its two subsidiaries.

“We have tried. We have worked with a number of broadcasters. We’ve had so many people who supported our efforts,” Smulyan continued, explaining how efforts to build a consortium of broadcasters to continue funding the two businesses had failed. “We tried but we couldn’t get the industry to come together. Everybody unanimously said, ‘We have to have this.’ But when it came time for pitching in and helping fund it, we couldn’t get enough support.”

Back in 2013, when NextRadio was a relatively new concept, the industry did come together to invest in making FM radio broadcasts accessible on smartphones. Emmis acted as a conduit for the industry agreeing to pay Sprint up to $45 million over a three-year period to install the app on its mobile devices.

While it wasn’t able to collect all the money it expected from fellow broadcasters, foreshadowing what was to come, as a catalyst, it seemed to be money well spent on behalf of the radio industry. By July 2015, AT&T agreed to include FM chip activation on its Android specs to wireless device manufacturers, followed by T-Mobile in September 2016. In all cases, the wireless carriers would receive a share of some revenue generated by the NextRadio app. From there NextRadio went directly to device makers, cutting deals with BLU Products, Alcatel, LG and Samsung for their Android devices.

But Apple remained a persistent and significant holdout. It even rebuffed efforts by Federal Communications Commission chair Ajit Pai to get FM on iPhones as an important tool during disasters. By not opening its walled garden to FM radio, Apple effectively shut out nearly half of the smartphone-using population in the U.S.

Low Adoption Rates

NextRadio was also stymied by low adoption rates – as of April 2017 the app that wakes up dormant FM chips embedded in smartphones had been downloaded just 13 million times, while active listeners to FM-enabled phones amounted to only one million per month. That’s when NextRadio added streaming capabilities while remaining committed to unlocking the FM chip in all phones. More recently it focused more intently on using the technology to develop attribution capabilities to show advertisers the impact of their ad campaigns.

Emmis had given the radio industry a “call option” to buy NextRadio and TagStation, which provides interactive visual elements like album art and advertiser calls-to-action synched with FM broadcasts. But the August 2017 date to exercise the call option came and went without any takers. A second option would have opened up in August 2019. But with losses mounting, Emmis has decided it can’t wait that long.

Looking back, Smulyan said industry support “was really remarkable” for the years-long initiative. “The challenge was it was 10 miles wide and about a tenth of an inch deep,” he said during Emmis’ financial results call Thursday. Where the support came up short was in radio companies providing access to data and financial funding. “We really needed to use this remarkable network of all the stations that were involved to come together to provide aggregated data,” Smulyan said, in reference to the Dial Report which collects first-party radio station ad data and smartphone user data, including listener location, brick and mortar store traffic, exposure, engagement and audience behavior to provide attribution data for ad campaigns. “Some people understood it, a lot of people didn't,” Smulyan said. In addition to a deeper level of involvement on the data piece of the puzzle, Emmis, under pressure from its board, concluded it could no longer tolerate financial losses incurred from being the primary funding source for NextRadio and TagStation. “At the end of the day there just weren’t enough of those companies to say we’ll help support it,” Smulyan said. And when the Emmis board asked Smulyan why “one small company” was funding a sizable R&D project for the U.S. radio industry, “It was a question I just couldn’t answer,” he told investors.

NextRadio and TagStation cost Emmis $7.7 million in operating losses during the twelve months ended August 31. Smulyan thanked employees of the two companies for their “brilliant work,” and said he didn’t know what the future holds for them.

Future Of FM Chip

While the future of NextRadio looks bleak, FM radio functionality is likely to continue to be a part of the communications chip in smartphones, which also enables services such as Bluetooth and WiFi. With Smartphone manufacturers building phones for a global market and FM radio capability being a popular service around the world, manufacturers aren’t likely to discontinue FM radio capability from their devices.

The National Association of Broadcasters, which has invested in and lobbied for FM on smartphones, will continue to make software enabling FM radio functionality in mobile devices available to app developers for free. Since August 2016, the trade group’s PILOT technology and innovation division has funded development of an FM API for accessing and controlling the FM chip in many Android smartphones and made the API available to app developers through its PILOT FM Radio SDK portal.


Not Just ‘Loco’ Fed: Why Equities Are Suddenly Selling Off Now

Story by Bloomberg
Written by Justina Lee

U.S. President Donald Trump can blame more than just the Fed for the recent market sell-off.

It was the perfect storm that gave U.S. stocks their worst day in eight months, sending European shares to the lowest since December 2016 and driving more than 1,000 Chinese companies to fall by the daily limit. Here are the factors driving this week’s rout:

Fed Goes ‘Loco’

To put it more elegantly, the U.S. 10-year government bond yield surged to the highest since 2011 on Friday after Federal Reserve Chairman Jerome Powell heaped praise on the American economy, stoking expectations that monetary tightening will continue. While higher rates haven’t interrupted U.S. stocks’ broad uptrend so far, they may have crossed a threshold where they’re starting to weigh on pricey stocks and make equities less attractive. One thing to watch is U.S. inflation figures due Thursday, which will be key for gauging the country’s monetary path.

Sorry, Mr. President: There’s Also Trade

More companies are speaking up about the trade conflict’s impact on their business. Trinseo SA on Wednesday became the second chemicals maker this week to warn of disappointing results, partly due to trade uncertainty. Industrial supplier Fastenal Co. said new U.S. tariffs on Chinese goods are hurting customers.

“U.S. equity markets have been resilient to rising trade tensions compared to their global counterparts, leaving them susceptible to pullbacks as the costs become more apparent,” Mark Haefele, global chief investment officer at UBS Wealth Management, said in a note.

Also somewhat related: Luxury-goods are in a meltdown after LVMH confirmed that China was cracking down on undeclared imports of such products.

Rolling Down the Cycle

The International Monetary Fund cut its forecast for global growth this week, blaming rising trade tensions and stress in emerging markets. And while this year’s 19 percent gain in WTI crude gives some economies a boost, the International Energy Agency has warned that high prices due to falling supply from Iran and Venezuela are leading to a “risky situation” for the global economy. While the macro picture is still solid, especially in the U.S., the concern now is we’re moving into later stages of the business cycle.

“The potential for a synchronized slowdown in the global economy is now gaining ground fast,” Amundi analysts led by head of macroeconomic research Didier Borowski wrote in a note. “The protectionist rhetoric is a shock of uncertainty that has begun to spread to real economic activity.”

What Was Down Is Up

The sell-off has seen investors rotating into previously overlooked styles or sectors and discarding old favorites, hitting index heavyweights. Quantitative investors are moving into value stocks and out of momentum and growth since cheap shares tend to do better when yields are rising. There’s also been a rotation away from cyclicals and into defensives: Europe’s best performers on Thursday are good old telecoms and real estate.

Or consider everyone’s beloved U.S. tech darlings. They’ve been battered during this sell-off, tossed aside amid the shift from growth stocks and a delayed reaction to trade uncertainty.

All these moves are only compounded by redemptions in passive funds and quantitative trend-followers. With bonds and stocks falling in tandem, risk-parity funds may also be contributing.

Italy Sticks to Its Guns

In Europe, the equity slide came a little less abruptly, as worries over Italy’s debt sustainability have been weighing on markets for a while now. The country’s populist leaders are sticking to their costly election promises, even as sovereign yield spreads continue to widen, saying rating agencies are from a “virtual world.” Italy’s benchmark is set to enter a bear market on Thursday, having plunged 20 percent from its peak in May. For the rest of Europe, the fear is that Italy is due for a showdown with the European Union over its budget.


Onetime rap mogul Marion 'Suge' Knight sentenced to 28 years for manslaughter

Former rap mogul Marion "Suge" Knight with attorney Albert DeBlanc, appears in court to formally receive his 28-year prison sentence for a manslaughter conviction in the fatal 2015 hit-and-run killing of a man he ran down with his pickup truck in Los Angeles, California, U.S., October 4, 2018. David McNew/EPA/Pool via REUTERS

Story by Reuters
Written by Steve Gorman

LOS ANGELES, California USA - Former rap mogul Marion "Suge" Knight was sentenced in a Los Angeles courtroom on Thursday to 28 years in prison for manslaughter in the death of a man he ran over with his pickup truck outside a hamburger stand in 2015.

The sentence appeared to forestall any chance of a future recording business comeback for Knight, 53, known as much for repeated run-ins with the law as for his career as a hip-hop executive promoting the likes of Snoop Dogg, Dr. Dre and Tupac Shakur during the 1990s.

The co-founder of the influential label Death Row Records pleaded no contest on Sept. 20 to one count of voluntary manslaughter for the hit-and-run killing of 55-year-old Terry Carter.

He admitted then to using a “deadly and dangerous weapon” on Jan. 29, 2015, when he ran down two men with his pickup truck outside Tam's Burgers, following a heated argument on the set of a TV commercial for the film “Straight Outta Compton.”

Carter later died of his injuries. The second man, Cle “Bone” Sloan, was left with a badly mangled left foot and head injuries.

Knight, who was out on bail in a robbery case at the time, fled the scene but was later arrested.

Had Knight been convicted of murder and attempted murder as originally charged, he would have faced a mandatory sentence of 25 years to life in prison.

As part of his agreement with prosecutors to plead no contest - the legal equivalent of guilty - to the lesser offences of manslaughter, all other charges in the case were dropped. Two separate criminal cases in which he was charged with robbery and making criminal threats were also dismissed. Both rap murders remain unsolved.

Knight previously served more than half of a nine-year term for violating the probation he received in 1995 for an assault on two aspiring rappers at a Hollywood recording studio.

The probation violation stemmed from a scuffle involving Knight at a Las Vegas hotel in September 1996, hours before Shakur was shot to death while riding in a car with Knight on the Las Vegas Strip. Knight was slightly wounded in the attack.

Knight was later named by police as a suspect in the shooting death of rival rap artist Christopher Wallace, known as Notorious B.I.G., but was never charged.

In 2002, the year after his release from prison, a federal racketeering probe of Knight and his record label was closed with the company pleading guilty to misdemeanour tax charges. The onetime college football star and "gangsta" rap pioneer eventually lost control of his label in bankruptcy proceedings.


WATCH: Donald Trump's Sexual Predator Friends

Commentary/Video by film maker Michael Moore

This morning, the Senate Judiciary Committee will hear testimony from Dr. Christine Blasey Ford about the night she was sexually assaulted by Brett Kavanaugh, the judge nominated to the Supreme Court by a president who is a self-admitted sexual predator. She believed she was about to be raped and thought she might die.

How did we end up here? How does a man with multiple, credible allegations of sexual assault make it this far, on the brink of a lifetime appointment to the nation's highest court?

First of all, we've always been here. Forever. None of this is new. Women have had to suffer this since the beginning of time. And men have always had friends in high places and systems set up to make sure they've never had to face any consequences for their actions.

The media, over the decades, have failed to confront this issue and have supported, hired and defended their male sexual predator friends. In my new film, "Fahrenheit 11/9", I name names and show how not only did the male media CEOs sic their male stars on women (like Hillary Clinton) who would dare to seek power, they abused the very women who worked for them. Here's a brief clip from my movie about these sexual predators who control the news and information we receive.

In a clip from Michael Moore's "Fahrenheit 11/9", Donald Trump's close relationships with the male-dominated media elite was a major advantage during his presidential campaign against Hillary Clinton.

But what if we've reached a turning point? What if the women of the U.S. Senate, backed by millions of women around the country, grabbed them all by the collar and gave them the heave-ho? And what if millions of male allies did the right thing and stood strongly behind them?

The Republicans are on a mission to outlaw abortion. Two or four or six allegations of rape and abuse will not get in the way of the government claiming authority over one gender's reproductive organs. They have no shame, no decency and will use use any means necessary to get their way.

We must not let this confirmation go through. We must fight back even harder.

-Michael Moore

Kavanaugh hearing opens with Ford’s account of alleged assault

Professor Christine Blasey Ford, who has accused Supreme Court nominee Brett Kavanaugh of a sexual assault in 1982, listens while testifying before a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington on Thursday. (Photo: Reuters/Jim Bourg)

Story by Yahoo News
Written by Christopher Wilson

Fighting back tears, Christine Blasey Ford accused Supreme Court nominee Brett Kavanaugh of sexual assault in an opening statement to the Senate Judiciary Committee.

“I am here today not because I want to be,” said Ford, reading in a trembling voice from a prepared statement. “I am terrified. I am here because I believe it is my civic duty to tell you what happened to me while Brett Kavanaugh and I were in high school.”

Ford went on to describe a house party in the early 1980s when a drunken Kavanaugh allegedly sexually assaulted her in a bedroom, with his friend Mark Judge in the room. Ford said she escaped after she and Kavanaugh tumbled off the bed.

Kavanaugh has denied the accusation, and Judge said via an attorney that he had no memory of the alleged incident.

“During my time at the school, girls at Holton-Arms frequently met and became friendly with boys from all-boys schools in the area, including Landon School, Georgetown Prep, Gonzaga High School, country clubs, and other places where kids and their families socialized,” said Ford. “This is how I met Brett Kavanaugh, the boy who sexually assaulted me.”

Ford detailed the alleged assault and how it has affected her life, including the threats she’s received since her identity became public. She insisted she was not a political operative, stating, “I am no one’s pawn” and said that she wanted the senators to hear her story before they voted to confirm Kavanaugh.

“When I got to the small gathering, people were drinking beer in a small living room on the first floor of the house,” said Ford. “I drank one beer that evening. Brett and Mark were visibly drunk. Early in the evening, I went up a narrow set of stairs leading from the living room to a second floor to use the bathroom. When I got to the top of the stairs, I was pushed from behind into a bedroom. I couldn’t see who pushed me. Brett and Mark came into the bedroom and locked the door behind them. There was music already playing in the bedroom. It was turned up louder by either Brett or Mark once we were in the room. I was pushed onto the bed and Brett got on top of me. He began running his hands over my body and grinding his hips into me. I yelled, hoping someone downstairs might hear me, and tried to get away from him, but his weight was heavy. Brett groped me and tried to take off my clothes. He had a hard time because he was so drunk, and because I was wearing a one-piece bathing suit under my clothes. I believed he was going to rape me. I tried to yell for help. When I did, Brett put his hand over my mouth to stop me from screaming. This was what terrified me the most, and has had the most lasting impact on my life. It was hard for me to breathe, and I thought that Brett was accidentally going to kill me. Both Brett and Mark were drunkenly laughing during the attack. They both seemed to be having a good time. Mark was urging Brett on, although at times he told Brett to stop. A couple of times I made eye contact with Mark and thought he might try to help me, but he did not.”

The Republicans on the Senate Judiciary committee — all white men — ceded their time to a female outside counsel to do the questioning. Kavanaugh was also scheduled to testify Thursday. In the room, most of the senators were listening intently, although Sen. Lindsey Graham, R-S.C., looked bored and annoyed. Graham has been outspoken in his belief that Kavanaugh will be confirmed.

Alex Nazaryen contributed reporting to this story from the hearing room


A Tribute to Johnny Morris

Story by Felicia "The Poetess" Morris

We pay tribute to radio legend and broadcast pioneer, Johnny Morris, who passed away on August 31st. 2018.

He shared his knowledge of broadcasting and was a generous man who encouraged and assisted the dreams of many who crossed his path.

He was a teacher by nature and broadcast genius by trade. We, here at Morris Media Studios will continue his legacy by setting the foundation for Morris Broadcast Academy.

To learn more, please visit: https://www.gofundme.com/morris-broad... - Video and sound design by AMP! Special thanks to Alex Mejia #djalexmejia for putting this beautiful tribute together. #morrismediastudios

Jesse Jackson: Trump's stump speech is a con job

Story by Chicago Sun-Times
Commentary by Jesse Jackson

President Donald Trump is back on the stump, promising to campaign “six or seven days a week” until the general election to try to keep Republicans in control of both Houses of Congress.

His stump speech is characteristically bombastic, filled with the exaggerations, insults and flat-out lies that people have come to expect.

Trump’s speech is at its core a con job. Republicans’ tax cuts went to the rich and the corporations, and the promise that everyone would get a $4,000 raise went up in smoke. Republican efforts first to repeal and then to lacerate Obamacare will deprive millions of health care, even as prices spike this fall because of the damage they’ve done.

Trump has ushered in the most corrupt administration in memory, appointing corporate lobbyists to rig the rules and roll back protections for workers and consumers and the environment.

Trump can point to a strong economy, but he inherited a growing economy from President Barack Obama. Working families still haven’t benefited from the so-called recovery. Trump has broken his promise to invest in rebuilding our dangerously decrepit and uncompetitive infrastructure. Inequality is worse than ever, with Trump’s tax cuts adding to the divide.

College tuitions continue to rise, and the student debt crisis gets worse and worse. Drug costs continue to soar, despite Trump’s promises to do something about it. The opioid epidemic claimed 72,000 lives last year, as the administration floundered in responding to the crisis.

Even as catastrophic climate change ravages the U.S. from California to Houston to North Carolina and Puerto Rico, Trump remains in denial, with mere mentions of global warming erased from government web sites. As the crises accumulate, FEMA’s woeful performance in Puerto Rico makes President Bush’s disastrous operation after Hurricane Katrina look efficient in comparison.

The administration’s war on workers makes it harder for them to share in the benefits of the good economy. Republican governors and state legislatures work to block cities from raising the minimum wage within their own boundaries. The first vote of Trump’s appointee to the Supreme Court was to gut labor rights for public employees, as Republicans continue to undermine the right of workers to organize and bargain collectively.

Despite all of Trump’s tough talk, new data show the U.S. trade deficit in July grew at its fastest rate since 2015, as monthly deficits with China and the European Union both reached new records.

Given all this, the content of Trump’s stump speech is predictable. It is designed to distract and divide, not inform and unite.

As illustrated by his recent speech in West Virginia, his themes have an ugly racial cast. He began that speech by slandering NFL players, describing their protest against police brutality as “defaming our flag” and our “beautiful, beautiful national anthem.” He railed against Democrats, suggesting that they would make America safe for criminal aliens, take away the Second Amendment and rewrite our Constitution.

The “beating heart of this election,” he argued, “is border security.” He roused his audience against the “Russian witch hunt” on the same day his personal lawyer pleaded guilty and his campaign manager was convicted by that same investigation.

Americans need to decipher the Trump bombast. He boasts about adding billions to our military –—that already consumes over one-third of the world’s military spending — without admitting that he wants to slash investment in education, in clean energy, in Medicare and Medicaid.

He boasts of his tax cuts, without admitting that the next round will be to savage programs for the most vulnerable to help pay for the tax cuts larded on the rich and corporations. He brags about repealing the Clean Power Plan and abandoning the Paris climate accord, without mentioning that he’s opening the door to fouling our water and air and ignoring the greatest threat to our national security.

He trumpets record low black and Hispanic unemployment, without noting that he’s ended efforts to curb police brutality and racial profiling, gutting enforcement of civil rights laws, and encouraged efforts to suppress the right to vote.

I believe in passion in politics. Passionate stump speeches don’t offend me. Hyperbole, wit and humor have their place. But Trump is peddling division and fostering fear. He wants Americans to think that they are threatened most by immigrants and burdened most by the vulnerable.

But immigrants and the vulnerable don’t rig the rules to benefit the few. Trump is betting he can use our fears to divide and distract us to blind us from his con.

I believe that America is better than that. The election this fall will tell us who is right.


SiriusXM Buying Pandora For $3.5 Billion.


SiriusXM Radio says it is buying Pandora in an all-stock deal valued at $3.5 billion. The satcaster says acquiring the pureplay webcaster will allow it to expand its service beyond cars and into homes and other mobile areas. The combination creates an audio entertainment powerhouse with more than $7 billion in expected pro-forma revenue in 2018.

SiriusXM says there will be “no immediate change in listener offerings” after the deal closes. Instead, it is initially focused on creating cross-promotional opportunities between the satcaster's 36 million North American subscribers and Pandora's 70 million monthly active users.

In a press release announcing the deal, the companies pointed to their complementary business models. SiriusXM derives the vast majority of its revenue from paid subscriptions while Pandora relies mostly on ad dollars from its free streaming service, although it has made progress in building subscription products. The companies plan to leverage each other’s audiences and content to create new audio packages, while also using SiriusXM's automotive relationships to drive Pandora's in-car distribution.

SiriusXM says it will continue to make investments in content and technology to expand revenue opportunities through both ad-supported and subscription services in and out of the vehicle. It also plans to build a promotional platform for emerging and established artists.

SiriusXM says the deal will allow Pandora to benefit from its scale, industry expertise and financial resources while the satcaster will gain from Pandora's mobile strength and ad capabilities.

SiriusXM already owns a 15% stake in Pandora after making a $480 million investment in June 2017. Under terms of the deal announced Monday (Sept. 24), Pandora shareholders will receive 1.44 newly issued SiriusXM shares for each share of Pandora they hold. Based on the SXM’s 30-day average share price, Pandora’s stock is valued at $10.14 per share for a 13.8% premium.

The merger includes a "go-shop" provision in which Pandora can solicit other offers from third parties.

SiriusXM CEO Jim Meyer said he sees “significant opportunities” by combining the businesses. “The addition of Pandora diversifies SiriusXM's revenue streams with the U.S.'s largest ad-supported audio offering, broadens our technical capabilities, and represents an exciting next step in our efforts to expand our reach out of the car even further,” Meyer said in a statement. “Through targeted investments, we see significant opportunities to drive innovation that will accelerate growth beyond what would be available to the separate companies, and does so in a way that also benefits consumers, artists and the broader content communities.”

Pandora CEO Roger Lynch said merging with SiriusXM will better position the webcaster to grow its ad business and expand its subscription offerings. “This transaction will deliver significant value to our stockholders and will allow them to participate in upside, given SiriusXM's strong brand, financial resources and track record delivering results,” Lynch said.


Paula Abdul


Tennis Legend Billie Jean King says Serena Williams was wronged by sexism and 'an archaic rule' at US Ope

Serena Williams protests the umpire at the 2018 US Open

Story by CBS Sports
Written by Cody Benjamin

Serena Williams may have been fined $17,000 for a trio of code violations at the US Open, and her on-court arguments with chair umpire Carlos Ramos may have overshadowed an otherwise memorable Grand Slam win for 20-year-old Naomi Osaka.

She does, however, have the support of one of the greatest female tennis players of all time.

Four-time US Open champion Billie Jean King opened up on this weekend's controversy in a piece for The Washington Post, and her opinion was clear: Serena was right to stand up to Ramos' calls, which penalized her for breaking a racket, receiving hand signals from her coach and then defending those violations to Ramos. And King was adamant that it wasn't Williams' debate with Ramos that took away from Osaka's victory so much as it was "an archaic rule" and an "abuse of power."

"If tennis would catch up with the 21st century and allow coaching on every point," King wrote, "the situation on the court would never have escalated to the level of absurdity that it did."

Even worse than the rules, however, King identified Ramos as the main culprit in Saturday's incident.

"He made himself part of the match," she wrote. "He involved himself in the end result. An umpire's job is to keep control of the match, and he let it get out of control. The rules are what they are, but the umpire has discretion, and Ramos chose to give Williams very little latitude in a match where the stakes were highest."

King admitted that Williams could have done more to control her emotions, but she also noted that male tennis players haven't always been given such a short leash when it comes to expressing themselves on the court.

Did Ramos treat Williams differently than male players have been treated? I think he did. Women are treated differently in most arenas of life. This is especially true for women of color. And what played out on the court yesterday happens far too often. It happens in sports, in the office and in public service. Ultimately, a woman was penalized for standing up for herself. A woman faced down sexism, and the match went on.

King isn't alone in defending Williams, who has six US Open singles titles under her own belt.

As Deadspin reported this week, the U.S. Tennis Association and the Women's Tennis Association have released statements backing Williams and calling out a "difference in the standards of tolerance" by officials -- even with another governing body, the International Tennis Federation, defending Ramos for acting with "professionalism and integrity." Famed author J.K. Rowling, meanwhile, has voiced her support for Williams amid backlash to a cartoon depicting Serena's feud with Ramos, as CBS News reported, calling Williams "one of the greatest sportswomen alive."


Family searches for answers after man shot dead in his home by Dallas officer

Dallas grand jury to hear police shooting case

Story by CBS News

A white Dallas police officer is free on bond this morning, after being charged with manslaughter in a bizarre shooting that left a black man dead inside his own home. Off-duty police officer Amber Guyger is accused of killing 26-year-old Botham Jean.

The officer allegedly told investigators she mistook his apartment for her own, and shot and killed him after she went inside. Dallas police were seeking a manslaughter charge against Guyger, who lives here at the apartment complex where the shooting took place.

But the investigation was handed off to the Texas Rangers to avoid the appearance of any bias.

After coordination with the Dallas County District Attorney, Guyer was arrested last night nearly three days after the fatal encounter with Jean.

There are questions about what happened on the fourth floor of the South Side Flats apartment complex, reports correspondent Omar Villafranca. Also: Why did a sheriff's department 30 miles away arrest Guyger when she was two blocks from Dallas Police headquarters? And why did it take almost three days before she was arrested?

Jean family attorneys, including Benjamin Crump, and local politicians rallied against the Dallas Police Department for failing to make a timely arrest in the case. "You or I would be arrested if we went to the wrong apartment and blow a hole in a person's chest, killing them," said Crump.

Texas State Senator Royce West said, "We gotta make sure that in Texas, there is no separate standard as it relates to police officers when they commit these types of crimes."

Dallas Police say officer Amber Guyger (left on photo), who has been with the department for four years, told them she mistakenly entered Jean's (right on photo)apartment after her shift, thinking it was her own.

"She was still in uniform when she encountered Mr. Jean in the apartment," said Police Chief U. Renee Hall. "At some point she fired her weapon, striking the victim."
Amber Guyger identified as Dallas officer who fatally shot man in his apartment (CBS News)https://www.cbsnews.com/news/amber-guyger-dallas-police-officer-who-shot-killed-botham-jean-updates-today-2018-09-08/

Details surrounding what happened directly before the shooting remain unclear. But Jean's family members continue to search for answers.

"He was my pride and my joy," said his mother, Allison Jean. "There are times when you feel like giving up. I could not give up because of Botham. And right now, in his death, I can never give up."

Officer Guyger has been placed on paid administrative leave.


Kareem Abdul-Jabbar on Jazz


Watch Kareem Abdul-Jabbar touch on growing up around jazz legends in Harlem, how music influenced his basketball game, and signing Dizzy Gillespie to his last record deal in his keynote address at Jazz Congress 2018.

On January 7-8, 2019, the global jazz community will once again gather for Jazz Congress 2019. The two-day event will convene artists, media, and industry leaders to exchange ideas in order to nurture and grow the jazz community and the underlying business and organizations that promote, produce, present, market, and support the music. Join us for another mind-expanding, unforgettable meeting of talent and vision!


Story of Public Enemy

Song: Public Enemy - By the time I get to Arizona

Song: Public Enemy - Fight The Power

Song: Public Enemy - Can't Trust It

Public Enemy Documentary

Song: Self Destruction

Song: Public Enemy - Shut Em' Down

Black Panthers Documentary

Song: Public Enemy - Party for your right to fight

Song: Public Enemy - 911 is a joke

Song: Public Enemy - Welcome to the Terrordome

Arsenio Hall Show interview with Chuck D and Flava Flav

Song: Public Enemy - Black Steel in the Hour of Chaos

Song: Public Enemy - Louder than a Bomb

Hard Knocks interview with Chuck D

Song: Public Enemy - He Got Game

Song: Public Enemy - So What Gone Do Now


The Story of Aretha Franklin becoming the Queen of Soul in the 1960's

Aretha Franklin, in the late 1960's, freshly crowned "The Queen of Soul", speaks of the transition to secular music. Aretha also talks about her very supportive father C.L. Franklin, Husband/Manager, Gospel roots, the love of the stage, feel of the piano, the studio sessions, and the love and desire to reach young people. Watch! (Video by ABC News).


The Official Program For Aretha Franklin’s Funeral Friday August 31st

DETROIT – The full program for Aretha Franklin’s funeral service on Friday, Aug. 31 has been released.

Story by Urbaninsite

Local 4 plans to carry the funeral live on-air and on ClickOnDetroit.com. Coverage begins at 9 a.m.

Here’s a look at the full list of speakers and performers:
Related: Aretha Franklin funeral in Detroit on Aug. 31: What you need to know

9:30-9:50 a.m.: Musical Prelude: Aretha Franklin Orchestra
9:50-10:00 a.m.: Lighting of Candles: Swanson Funeral Home, Inc.
10:00-10:20 a.m.: Processional: Clergy, Ministers and Family
10:20-10:25 a.m.: Prayer of Comfort: Dr. E.L. Branch, Pastor, Third New Hope Church
10:25-10:40 a.m.: Scripture of Comfort:
10:25 a.m.: Old Testament: Bishop T.D. Jakes, Potter’s House, Dallas, TX
10:30 a.m.: New Testament: Pastor Solomon Kinloch, Triumph Church
10:35 a.m.: The Psalm: Bishop P.A. Brooks, Pastor, New St. Paul Tabernacle Church
10:40-10:45 a.m.: Musical Tribute: Aretha Franklin Celebration Choir
10:45-10:49 a.m.: Musical Tribute: Faith Hill
10:49-11:03 a.m.: Remarks:
10:49 a.m.: Brenda Jones, City Council President
10:51 a.m.: JoAnn Watson, Detroit City Council
10:53 a.m.: Mike Duggan, Mayor, City of Detroit
10:57 a.m.: Governor Rick Snyder, State of Michigan
11:03-11:08 a.m.: Musical Tribute: Ariana Grande
1108-11:13 a.m.: Musical Tribute: The Clark Sisters
11:13-11:18 a.m: Acknowledgements and Condolences: Barbara Sampson
11:18-11:23 a.m.: Musical Tribute: The Williams Brothers & Vanessa Bell Armstrong
11:23-11:40 a.m.: Family Reflections: Vaughn, Cristal, Victorie & Jordan Franklin
11:40-11:45 a.m.: Family Musical Tribute: Edward Franklin
11:45-11:50 a.m.: Obituary: Sabrina Owens
11:50-11:55 a.m.: Musical Tribute: Alice McAllister Tillman
11:55-12:00 p.m.: Musical Tribute: Audrey DuBois Harris
12:00-12:15 p.m.: Personal Remarks:
12:00 p.m.: Eric Holder, Former U.S. Attorney General
12:05 p.m.: Senator Gary Peters, State of Michigan
12:10 p.m.: Former President, William (Bill) Jefferson Clinton
12:15-12:19 p.m.: Musical Tribute: Pastor Shirley Caesar and Tasha Cobbs-Leonard
12:19-12:36 p.m.: Personal Reflections :
12:19 p.m.: Greg Mathis, Retired Judge, 36th District Court, Detroit, MI
12:23 p.m.: Brenda Lawrence, State Representative, 14th Congressional District
12:27 p.m.: Rev. Donald L. Parsons, Logos Assembly Church, Chicago, IL
12:31 p.m.: Rev. Al Sharpton, Founder, National Action Network
12:36-12:41 p.m.: Musical Tribute: Chaka Khan
12:41-12:51 p.m.: Musical Tribute: Ron Isley
12:51 p.m.: Rev. Jesse Jackson, Founder/President Rainbow P.U.S.H. Coalition
1:00 p.m.: Dr. William J. Barber, II, Pastor, Greenleaf Christian Church, Goldsborough N.C
1:05 p.m.: Rev. James Holley, Retired Pastor, New Light Missionary Baptist Church
1:10-1:15 p.m.: Musical Tribute: Fantasia Barrino-Taylor
1:15-1:30 p.m: Personal Reflections :
1:15 p.m.: Tyler Perry
1:17 p.m.: Cicely Tyson, Actress
1:20 p.m.: Clive Davis, Chief Creative Officer, Sony Music
1:25 p.m.: Smokey Robinson, Recording Artist
1:30-1:34 p.m.: Musical Tribute: Bishop Paul Morton and Yolanda Adams
1:34-1:53 p.m.: Personal Reflections :
1:34 p.m.: Mildred Gaddis, Radio Personality
1:38 p.m.: Isaiah Thomas, Former NBA Player, Detroit Pistons
1:42 p.m.: Ron Moten, Personal Friend, Franchise Owner, McDonald’s Restaurants
1:48 p.m.: Michael Eric Dyson, Professor of Sociology, Georgetown University
1:53-2:00 p.m.: Musical Tribute: Bishop Marvin Sapp and the Aretha Franklin Celebration Choir
2:00-2:05 p.m.: Sermonic Selection: Jennifer Hudson
2:05-2:35 p.m.: Eulogy: Rev. Jasper Williams, Jr., Pastor, Salem Baptist Church, Atlanta GA
2:35-2:45 p.m.: Musical Tribute: Stevie Wonder joined by National Artists
2:45-3:00 p.m.: Recessional: Jennifer Holliday and the Aretha Franklin Celebration Choir

Colin Kaepernick wins summary judgment case vs. NFL keeping grievance case alive

An arbitrator ruled that Colin Kaepernick’s grievance case can proceed after the NFL requested a summary judgement. (AP)

Story by Yahoo Sports
Written by Charles Robinson/NFL columnist

Colin Kaepernick won the summary judgment phase (https://sports.yahoo.com/crucial-hearing-colin-kaepernicks-grievance-vs-nfl-begins-162805447.html) of his collusion case against the NFL, a ruling that allows his grievance to continue against the league.

The NFL requested a summary judgement ruling from arbitrator Stephen Burbank, saying that Kaepernick’s legal team, after the discovery phase of the grievance process, hadn’t reached the standard to prove that the league and its owners colluded to keep Kaepernick out of pro football.

Since he opted out of his contract in March 2017 with the San Francisco 49ers, Kapernick hasn’t landed with a team, sitting out all of last season.


Here’s why Raiders, Khalil Mack are in contract stalemate with no end in sight

Khalil Mack hasn’t reported to training camp for the Raiders in a dispute over a contract extension. (AP)

Story by Yahoo Sports
Written by Charles Robinson

The Oakland Raiders and Khalil Mack have made no progress on resolving a contract impasse that is now likely to result in the All-Pro defensive end missing regular-season games, according to sources familiar with the standoff.

As of Monday evening, sources said both sides remained entrenched in the same positions that have contributed to a stalemate in negotiations since February: with the Raiders declining to offer Mack a contract extension and with Mack seeking a long-term deal that would make him the NFL’s highest paid defensive player. One source said there have been no meaningful talks between the two sides in months and that the situation has devolved to a deadlocked “pay him or trade him” conversation.

As for the granular points of the impasse, sources told Yahoo Sports:

• Head coach Jon Gruden has not been directly involved in talks, but the deal is not entirely in the hands of general manager Reggie McKenzie. While McKenzie has long had his own thought process on how Mack would be extended, a deal of this magnitude can’t be consummated without Gruden’s approval. Needing Gruden to sign off essentially has put him in charge of the purse strings when it comes to Mack’s extension (or lack thereof), which has apparently been a drag on talks that haven’t gotten off the ground. This was a point made forcefully clear by multiple sources – that unless team owner Mark Davis steps in, Gruden has the final say over whatever happens with Mack’s deal. This means whether Mack is traded, extended or shelved until reporting to the franchise on his current deal, Gruden’s final call is the definitive piece of the puzzle.

• Funding a long-term deal for Mack is not an issue for the Raiders’ Davis. Sources said Davis has the necessary financial liquidity to put Mack’s fully guaranteed funds into escrow, per the league’s collective-bargaining agreement.

No wait for Aaron Donald
• The still-pending Aaron Donald deal with the Los Angeles Rams has not been a prohibitive force for either side. Instead, the contract discussion between the Raiders and Mack first arose in February, long before Donald and the Rams had made any progress in their own negotiations. Sources have said the two sides have failed to come to a deal because they are approaching it from fundamentally different leverage points, not because either is waiting to see what a new Donald contract will look like.

• Regardless of what Gruden has said publicly, the Raiders will pick up the phone for potential trade offers. Gruden, however, is going to go above and beyond to make one point clear to teams: Despite the contract issue, the Raiders consider Mack an elite-level edge talent and their best defensive player. That means Oakland is going to only consider deals that are significant superstar-level overtures.

Another NFL team isn’t going to get Mack for an aging star and a draft pick, or a hodgepodge of middle-round draft ammunition. Oakland feels it’s in a position of leverage over Mack and the franchise would rather gamble on that leverage than give a superstar away.

Neither side appears to be giving in
In many respects, this is a situation that has fallen into two sides staring at each other and waiting for the other to blink. That hasn’t changed in months and doesn’t appear to be headed for a watershed moment without ownership intervention. When Yahoo Sports visited Raiders camp in early August, staffers were already suggesting the team was prepared to deal with Mack likely reporting under a cloud of dissatisfaction over his contract. Once a front office or coaching staff begins to accept that threshold mentally – dealing with a player who isn’t happy financially or simply moving forward without him – it can reinforce a barrier to fruitful talks.

That barrier appears to be firmly in place for the Raiders brain trust. With the regular season less than two weeks away, it shows no signs of weakening. Nor does the resolve of either side in this confrontation. And now more than ever, it looks like the Raiders and Khalil Mack will officially start the 2018 season in the same place they were six months ago: Far apart.


How I learned that being West Indian did not make me better than African-Americans

Lisa from Haiti, grew up in the United States.

Story by Lisa A La Mode

I first wrote this piece two years ago when I was an editor, at the now-defunct, Black Girl Long Hair. I’m resharing it today, on my own platform, due in part to the piece I wrote a few days ago in regards to the twitter drama surrounding Pop Culture writer, Luvvie Ajayi. You can read about that here: https://lisaalamode.com/2018/08/19/awesomely-luvvie-tevin-campbell-twitter/. I’m also sharing my story again because it holds me accountable. It forces me to remember, that although I was born and raised in this country, there is still much to learn about the African American experience.

When I was growing up in the 80’s and 90’s I learned very early on that being Haitian wasn’t exactly the thing to be. When my family moved to a new town, my older brother and I simply hid it. Nobody asked, so we didn’t tell. Then it all began to unravel. My third-grade teacher assigned a family tree diagram which forced me to reveal our heritage. I recall coming home from school that day feeling dread as I told my older brother (by two years) that the jig was up. The tears came quickly, from both us, as we understood all too well what it would mean to reveal that we were Haitian. The teasing would be brutal, but tolerable. Feeling ostracized was what we feared the most.

But then we grew up, and like most people, the very thing we were teased about as children became the thing we cherished with the utmost pride. We embraced our heritage, and slowly the larger West-Indian community began to accept us. Gaining this acceptance, however, came at a price. While I had always heard family members speak with disdain about Black Americans, it wasn’t until I was a teenager when I learned that this us vs. them mentality spanned across West-Indian cultures. When I’d hear West-Indians attributing certain stereotypes to African Americans, I found myself nodding in agreement. We were different, I insisted. We were educated. Our children were better behaved. We were hard-working. Our food tasted better. African Americans, we said, gave us all a bad name. And while we would befriend them in public, in private, we’d deride them for being stereotypical.

I carried this belief with me to college. I was even proud when white people would praise me for being different from what they’d imagined. My French last name was also a crowd-pleaser. I ate it all up with a spoon. My hubris, however, came to an abrupt halt towards the end of my freshman year when, in a moment of drunken courage, one of my white dorm-mates screamed at me to, “Go back to Africa!” I was stunned. Surely, she couldn’t mean me? I had perfectly straight hair. I dressed well. I made the Dean’s list. I spoke the Queen’s English. How could she, in a moment of anger, reduce me to being a black face just like any other? I was different. Wasn’t I? It was a hard, but much-needed lesson. While I can never profess that African American culture and Haitian culture are one in the same, our differences are not so great that we should ever feel that one culture is superior to the other.

Huffington Post writer Nadege Seppou, who is of Cameroonian heritage, penned an open letter to African immigrants, urging them to not fall victim to the same belief system. She writes:
White Americans will say you are better than American blacks, but please do not fall for this trap. You will be told you behave better, work harder, and are more educated than American blacks. You will be tempted to agree and will sometimes want to shout, “YES, I’M NOT LIKE THEM, WE AFRICANS ARE DIFFERENT!” Just don’t…don’t even think it.

The praise of your acquired characteristic and culture becomes a justification for white Americans to perpetuate discriminatory treatments towards American blacks. These statements of praise have an underlying message of, “If Africans can do so well then surely racism has nothing to do with anything, therefore, American Blacks are to be blamed for their condition in America”. This problematic line of reasoning sustains cultural racism. I beg of you, refrain from nodding in agreement when you receive such faulty praise.

Indeed, West Indians, like the African immigrants described in Seppou’s letter, are guilty of the same misdeeds. In wanting to carve out a place for ourselves in a society where being black places you on the bottom rung, we have perpetuated the belief that we are better than our African American counterparts.

Still, culture is this interesting thing, right? Here I am, a black woman, born and raised in America, and yet I cannot call myself an African American or even say, I am of the culture. I am for the culture, of course. I would, today, defend the culture against anyone who would seek to tarnish it in any way, but I wasn’t raised with any real understanding of African American culture. Not in school, certainly not in my home, and not even with the few friends with whom I was permitted to spend time (Haitian parents don’t really do the whole “friend” thing).

Consequently, I have spent the better part of the last 16 years learning, understanding, and appreciating the beauty and the richness of African American culture, but I have never forgotten where I am began. It is this understanding of self, I believe, that now allows me to navigate both worlds, African American and Haitian, with ease. I only know what I know, and what I don’t know, I’m open to being taught. This, friends, is how I believe we can, as a people, come together and stay together.

Well Hello! My name is Lisa and you’ve stumbled upon my own little corner of the world. I’m a lipstick-loving, high heel junkie, mom, and wife. When I’m not here bringing you the latest in beauty, fashion, hot topics, and bits and pieces of my life with my family, you can find me over on youtube swatching lipsticks and sharing my latest natural hairstyles. Make sure you also follow me on Instagram and Snapchat under my brand name Lisa A La Mode. I’m a real person. I promise.


McCain requested Obama and George W. Bush deliver eulogies at funeral

Story by CBS News

John McCain requested that former Presidents Barack Obama and George W. Bush deliver eulogies at his funeral, CBS News has confirmed. McCain, who had been suffering from an aggressive form of brain cancer, died Saturday at the age of 81 at home in Arizona. Both Obama and Bush will deliver their remarks during a service at the National Cathedral.

Former Vice President Joe Biden will speak at a separate service honoring the senator in Arizona.

McCain will later lie in state at the Arizona State Capitol before traveling to DC where his body will lie in state at the U.S. Capitol. The senator asked that he be buried at the U.S. Naval Academy in Annapolis, Maryland near the grave of a long time friend, something he told Lesley Stahl on "60 Minutes" in September 2017.

"I want-- I want-- when I leave, that the ceremony is at the Naval Academy. And we just have a couple of people that stand up and say, 'This guy, he served his country,'" McCain said.

Mr. Obama, who defeated McCain in 2008 presidential race, issued a statement shortly after McCain's death saying that "we shared, for all our differences, a fidelity to something higher — the ideals for which generations of Americans and immigrants alike have fought, marched, and sacrificed."

"Few of us have been tested the way John once was, or required to show the kind of courage that he did," Mr. Obama continued. "But all of us can aspire to the courage to put the greater good above our own. At John's best, he showed us what that means. And for that, we are all in his debt."

Mr. Bush, who defeated McCain for the GOP nomination in 2000, issued a statement hailing McCain as a "a man of deep conviction and a patriot of the highest order."

"Some lives are so vivid, it is difficult to imagine them ended," Mr. Bush said. "Some voices are so vibrant, it is hard to think of them stilled."