Posts Tagged Corporate news

Former NBA player to argue for conviction reversal

In this Sept. 23, 2011, file photo, Tate George, former NBA basketball player and the CEO of purported real estate development firm The George Group, leaves federal court in Newark, N.J. George has been jailed since his conviction last fall on four mail fraud counts. His motion to be released on bail was denied by U.S. District Judge Mary Cooper on Wednesday, Oct. 29, 2014. (AP Photo/The Record of Bergen County, Leslie Barbaro, File)

TRENTON, N.J. (AP) — A federal judge on Friday rejected jailed former NBA player Tate George’s appeal of his 2013 fraud conviction, ruling that the government provided ample evidence for a jury to find him guilty of running a real estate Ponzi scheme.

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Brazilian club Corinthians building own cemetery

This undated photo released by the Corinthians soccer team shows an empty casket draped with the team's flag in Sao Paulo, Brazil. Corinthians says it’s building its own cemetery, complete with a mock football field and VIP tribunes where some of the team’s greatest players will be offered burial spaces. The “Corinthians Forever” cemetery is expected to open late in 2015, but fans can already start booking one of the 70,000 burial places available. (AP Photo/Ivo Duran, Corinthians)

SAO PAULO (AP) — Fans of one of Brazil’s most popular soccer clubs will have a chance to spend eternity near some of their greatest idols.

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Crowds, cuteness overwhelm first Hello Kitty Con

Hello Kitty fans pose for photos in a giant tea cup at the Hello Kitty Con, the first-ever Hello Kitty fan convention, held at the Geffen Contemporary at MOCA Thursday, Oct. 30, 2014, in Los Angeles. The convention was held to honor the character's 40th birthday. (AP Photo/Jae C. Hong)

LOS ANGELES (AP) — Hello Kitty cuteness is taking over Little Tokyo in downtown Los Angeles as the city hosts the first Hello Kitty fan convention.

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Bail denied for convicted former NBA player George

TRENTON, N.J. (AP) — A former NBA player convicted in a real estate Ponzi scheme has been denied bail by a federal judge in New Jersey.

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Microsoft’s 3Q earnings grow 31 pct; stock falls

In this Jan. 5, 2011 file photo, Microsoft chief executive officer Steve Ballmer gives his Keynote speech for the Consumer Electronics Show, in Las Vegas. Microsoft reports quarterly earnings Thursday, April 28, 2011, after the market close.(AP Photo/Julie Jacobson, file)

Microsoft Corp.’s latest quarterly earnings rose 31 percent even as sales of its Windows operating system sagged.

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