Analyst explains why NBA's China fallout is a buying opportunity for Nike

China's Tencent quietly resumed live-streaming two NBA games which were played outside of China, according to multiple reports, amid a fallout last week over a tweet from Houston Rockets' general manager which supported Hong Kong protesters. But this could signal a good buying opportunity for brands impacted by the fallout like Nike, according to Sam Poser, Susquehanna's equity analyst. He joins Yahoo Finance's Akiko Fujita to discuss.

  • South Korea is testing 200,000 members of a doomsday church linked to more than 60% of its coronavirus cases
    Business Insider

    South Korea is testing 200,000 members of a doomsday church linked to more than 60% of its coronavirus cases

    Reuters South Korea is testing all 200,000 members of a doomsday cult that has been badly hit by the coronavirus outbreak. Sixty percent of the country's 977 infections are members of the Shincheonji Church of Jesus, based in Daegu, officials said. South Korea is the worst affected country outside China, and 10 people have died there so far.

  • Naming Mike Pence coronavirus czar with 'zero experience in the medical area' is 'a total joke,' says 2014 Trump
    The Week

    Naming Mike Pence coronavirus czar with 'zero experience in the medical area' is 'a total joke,' says 2014 Trump

    President Trump on Wednesday appointed Vice President Mike Pence his point person on the COVID-19 coronavirus outbreak that is spreading disease and panic through much of the world. Pence's appointment was reportedly a surprise to Health and Human Services Secretary Alex Azar, who had been in charge of the Trump administration's response up until Trump's announcement. Pence has zero experience in the medical area and no real expertise in infections disease control, which would seem to make his appointment "A TOTAL JOKE," according to Trump, circa 2014.

  • Grandfather of toddler who died in cruise ship fall to plead guilty
    NBC News

    Grandfather of toddler who died in cruise ship fall to plead guilty

    The grandfather of an 18-month-old girl who fell to her death from an open window on a Royal Caribbean cruise ship in San Juan, Puerto Rico, said he plans to plead guilty so his family can begin to move on. "I took a plea deal today to try to help end part of this nightmare for my family, if possible," Salvatore Anello said in a statement Tuesday, after a family attorney announced the grandfather's intention to change his plea. Anello, also known as Sam, initially pleaded not guilty to a negligent homicide charge from Puerto Rican authorities in October in the death of Chloe Wiegand in July.

  • CDC confirms first 'unknown' coronavirus case in California that could raise concerns about the threat of the virus
    USA TODAY

    CDC confirms first 'unknown' coronavirus case in California that could raise concerns about the threat of the virus

    SAN FRANCISCO — Even as President Donald Trump sought to reassure the public that the risk of coronavirus in the U.S. remains low, ominous news emerged that could heighten the level of concern. The Centers for Disease Control and Prevention on Wednesday confirmed an infection in California that would represent the first U.S. person to contract the virus despite not visiting a foreign country recently or coming in contact with an infected patient. This brings the number of coronavirus cases detected in the U.S. to 15, with 12 of them related to travel and the other two to direct contact with a patient.

  • 'Never before': Shock, fear as India's capital reels from deadly riots
    AFP

    'Never before': Shock, fear as India's capital reels from deadly riots

    In front of him was a stick-wielding mob of up to 500 men, cheering loudly and throwing flaming tyres into his shop as deadly sectarian violence swept India's capital. The market in Gokulpuri was just one of many poor, congested neighbourhoods in northeast Delhi ransacked by rampaging mobs on Monday and Tuesday as battles broke out between Hindus and Muslims. The clashes followed renewed protests on Sunday against a contentious citizenship law brought in by Prime Minister Narendra Modi's Hindu-nationalist government that critics say is anti-Muslim.

  • AP FACT CHECK: Dems implore fact checkers to back them up
    Associated Press

    AP FACT CHECK: Dems implore fact checkers to back them up

    But other studies have found a Sanders-like single-payer plan would cost more, partly because free health care would increase the demand for services. A study last fall from the Commonwealth Fund and the Urban Institute estimated that such a plan would increase national health spending by about $720 billion. A Rand study estimated spending would increase 1.8% under a national single-payer plan.

  • Iran to Sentence Citizens Who “Spreads Rumors” about Coronavirus to Flogging, Three Years in Prison
    National Review

    Iran to Sentence Citizens Who “Spreads Rumors” about Coronavirus to Flogging, Three Years in Prison

    An Iranian parliament spokesman on Wednesday announced that anyone found to be “spreading rumors” about the Wuhan coronavirus outbreak will be sentenced to one-to-three years in prison and flogging, Iran state news agency IRNA reported. Norouzi said the prison sentence and flogging is based on “on the Islamic penal code,” and 24 people have been arrested already on suspicion of “spreading rumors” about the illness. Iran has reported 139 cases of coronavirus infections throughout the country, with an epicenter in the city of Qom, a destination for Shi'ite Muslim religious pilgrims.

  • A Wrongfully Convicted Kansas Man Who Spent 23 Years in Prison Is Awarded $1.5 Million
    Time

    A Wrongfully Convicted Kansas Man Who Spent 23 Years in Prison Is Awarded $1.5 Million

    A Kansas man who spent over two decades in prison for a double murder he didn't commit will be awarded $1.5 million for his wrongful conviction, according to the Kansas State Attorney General's office. Lamonte McIntyre was convicted and sentenced to two terms of life in prison for the murders of Donald Ewing and Doniel Quinn back in 1994. According to the Associated Press, documents made public during the 8-year fight to free McIntyre allege that the prosecutor in the case intimidated witnesses who told her that McIntyre did not look like the shooter after they saw him in person.

  • Sanders Says He'll Attract a Wave of New Voters. It Hasn't Happened.
    The New York Times

    Sanders Says He'll Attract a Wave of New Voters. It Hasn't Happened.

    It is the most politically provocative part of Sen. Bernie Sanders' campaign pitch: that his progressive movement will bring millions of nonvoters into the November election, driving record turnout especially among disaffected working-class Americans and young people. The results so far show that Sanders has prevailed by broadening his appeal among traditional Democratic voters, not by fundamentally transforming the electorate. In Iowa, for instance, turnout for the caucuses was lower than expected, up 3% compared with 2016, and the increase was concentrated in more well-educated areas where Sanders struggled, according to a New York Times analysis; in the Iowa precincts where Sanders won, turnout increased by only 1 percentage point.

  • Italy sealed off entire towns and canceled major events after 400 coronavirus cases and 12 deaths made it the most infected country outside of Asia
    Business Insider

    Italy sealed off entire towns and canceled major events after 400 coronavirus cases and 12 deaths made it the most infected country outside of Asia

    Italy is scrambling to stop the spread of the novel coronavirus within its borders as cases of COVID-19 soar. Italy has the most cases outside of Asia. The country has put almost a dozen towns under lockdown, canceled major sporting events, and debated closing its borders with neighboring countries.

  • Roger Stone Judge Scolds Trump, Allies Over Claims of Jury Bias
    Bloomberg

    Roger Stone Judge Scolds Trump, Allies Over Claims of Jury Bias

    Three of the jurors who convicted Republican operative Roger Stone for lying to Congress and witness tampering testified that political bias played no role in their decision, pushing back against Stone's contention that he deserves a new trial. U.S. District Judge Amy Berman Jackson did not issue a ruling at the end of a Tuesday hearing on Stone's request. But the judge said a juror's social media posts criticizing President Donald Trump did not necessarily mean she was biased against Stone, who was convicted in November and sentenced last week to three years and four months in prison.

  • Supreme Court rules Mexican parents can't sue Border Patrol agent who killed their son
    NBC News

    Supreme Court rules Mexican parents can't sue Border Patrol agent who killed their son

    The Supreme Court ruled Tuesday that the parents of a 15-year-old boy cannot sue the federal agent who fatally shot him by firing across the border separating the United States and Mexico — a case that inflamed tensions over border security. The ruling was a defeat for the parents of Sergio Hernández Güereca, who was on the Mexico side when he was killed in 2010 by a Border Patrol agent who fired from the U.S. side of the boundary separating El Paso, Texas, from Juarez, Mexico. The teen, a Mexican national, was playing with three friends in the concrete culvert that separates the two cities.

  • U.S. Supreme Court dismisses 'D.C. Sniper' Malvo case after change in Va. law
    Yahoo News Video

    U.S. Supreme Court dismisses 'D.C. Sniper' Malvo case after change in Va. law

    The U.S. Supreme Court on Wednesday formally dismissed a case in which Lee Boyd Malvo, who was 17 when he took part in the deadly 2002 "D.C. Sniper" shooting spree in the Washington area, was challenging his life without parole sentence.

  • Japan woman tests positive for virus after 'recovery'
    AFP

    Japan woman tests positive for virus after 'recovery'

    A woman in Japan who contracted the new coronavirus and was released from hospital after recovering has tested positive again, officials said Thursday. The case is the first time a patient apparently cleared of the virus has subsequently tested positive for it, a local official in Osaka said. The woman in her 40s was first confirmed as infected with the coronavirus on January 29.

  • Mom of missing kids waives extradition; bail stays at $5M
    Associated Press

    Mom of missing kids waives extradition; bail stays at $5M

    Bail will remain at $5 million for a mother arrested in Hawaii over the disappearance of her two Idaho children, a judge ruled Wednesday. Lori Vallow wore an orange jumpsuit in court on the Hawaiian island of Kauai for a hearing on her request to reduce bail. After the judge denied the request, her defense attorney, Craig De Costa, said she is waiving an extradition hearing, which had been scheduled for March 2.

  • Iran’s Incompetent Response to Coronavirus Threatens the Middle East and the World
    National Review

    Iran’s Incompetent Response to Coronavirus Threatens the Middle East and the World

    The Iranian government has covered up an outbreak of coronavirus that now threatens the Middle East and has led to border closures and hospitalizations in five countries. Over the weekend of February 21, president Hassan Rouhani and other Iranian officials downplayed the growing crises as Iran's death toll from the virus climbed. The coronavirus has likely traveled from China to Iran's city of Qom along the same route that pilgrims and the Islamic Revolutionary Guard Corps uses to travel, illustrating the regime's disregard for its own citizens and neighbors.

  • Boom: The Army Just Invented a Newer, Deadlier Artillery Round
    The National Interest

    Boom: The Army Just Invented a Newer, Deadlier Artillery Round

    Washington, D.C.) The Army Research Laboratory is now engineering new rocket, missile and artillery rounds able to destroy groups of mobile enemy fighters, incinerate armored vehicles and eliminate structures with a single munition -- at all much longer ranges than currently deployed weapons can fire. The ARL is currently immersed in cutting edge research, using 3D printing, to develop new metal alloys, weapons casings and design geometries to increase range and lethality for the Army's emerging Long Range Precision Fires program; “Additive manufacturing (3D printing) can take weight out of certain components, create complex geometries inside things and create complex fragmentation patterns,...

  • Joe Biden has big lead in South Carolina primary, per Clemson University's Palmetto Poll
    USA TODAY

    Joe Biden has big lead in South Carolina primary, per Clemson University's Palmetto Poll

    GREENVILLE, S.C. – Former Vice President Joe Biden has a sizable lead in the South Carolina Democratic presidential primary, according to results of Clemson University's Palmetto Poll released Wednesday morning. Biden received support from 35% of the poll's respondents, said Clemson University political science professor Bruce Ransom. Tom Steyer was a distant second with 17%, and U.S. Sen. Bernie Sanders of Vermont was third with 13%.

  • China to Russia: End discriminatory coronavirus measures against Chinese
    Reuters

    China to Russia: End discriminatory coronavirus measures against Chinese

    China's embassy in Russia has demanded authorities in Moscow end what it said are discriminatory anti-coronavirus measures against Chinese nationals, saying they are damaging relations and alarming Chinese residents of the Russian capital. The complaint, detailed in an embassy letter to the city's authorities and published by Russian newspaper Novaya Gazeta late on Tuesday, deplored what it called "ubiquitous monitoring" of Chinese nationals, including on public transport in Moscow. Russia, which enjoys strong political and military ties with Beijing, does not currently have any confirmed cases of coronavirus, but has temporarily barred many categories of Chinese nationals from entering the country.

  • Second Cruise Ship Blocked From Ports Over Coronavirus Fears
    The New York Times

    Second Cruise Ship Blocked From Ports Over Coronavirus Fears

    Following a pattern set by the MS Westerdam, a cruise ship in the Caribbean has been turned away from two ports over fears of the coronavirus. The ship, with more than 4,500 passengers and 1,600 crew members, was not allowed to dock in Jamaica and the Cayman Islands after it was discovered a crew member onboard was unwell. The ship left Ocho Rios for its next port of call, Georgetown, Cayman Islands, after waiting to be cleared for nearly four hours.

  • Trump is facing bipartisan backlash for his handling of the coronavirus' spread in the US as the CDC warns 'this might be bad'
    Business Insider

    Trump is facing bipartisan backlash for his handling of the coronavirus' spread in the US as the CDC warns 'this might be bad'

    Reuters President Donald Trump downplayed concerns about the novel coronavirus on Tuesday morning just hours before the CDC warned that the virus would inevitably spread in the US and it "might be bad." Democrats and even some Republicans began lashing out at the president and his administration's response to the virus. House Speaker Nancy Pelosi called Trump's Monday request for $2.5 billion in emergency funding "long overdue and completely inadequate to the scale of this emergency."

  • 7-year-old died 1 minute into tonsil surgery, says parents
    Yahoo News Video

    7-year-old died 1 minute into tonsil surgery, says parents

    Parents of a 7-year-old South Carolina girl said she died one minute into surgery to have her tonsils removed. Paisley Elizabeth Grace Cogsdill died Friday at a medical center in Greenwood, WHNS-TV reported. Family members said the girl snored in her sleep but was otherwise healthy.

  • Map: Confirmed coronavirus cases, worldwide
    NBC News

    Map: Confirmed coronavirus cases, worldwide

    Health officials worldwide are working to contain cases of COVID-19, the disease caused by the new coronavirus that originated in China. This map will be updated when more information is available. As of Feb. 26, COVID-19 cases were confirmed in China and more than 35 other countries.

  • Associated Press

    Louisiana governor: Judge should resign after racial slurs

    Gov. John Bel Edwards called Wednesday on a Louisiana judge to step down after she admitted to using racial slurs in angry text messages. LeBlanc, who is white, now admits sending the text messages after previously denying she sent them.

  • Virus strikes another blow at religious tourism in Iraq
    AFP

    Virus strikes another blow at religious tourism in Iraq

    Iraq's vital religious tourism sector was already suffering after months of protests, political turmoil and sanctions hitting pilgrims from neighbouring Iran -- then the novel coronavirus arrived. In the southern Shiite holy city of Karbala, hotels have closed and face masks are more common on the street than the full-length black veils worn by female pilgrims. Visitors are scarce at the golden-domed tomb of Imam Hussein, grandson of the Prophet Mohammed, despite twice-daily visits by health officials to sanitise the site.