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Wednesday, September 2, 2026

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40 results for"The Securities and Exchange Commission"

The NBA suspends Steve Ballmer for a year and takes five draft picks over the Kawhi Leonard scandal.

The NBA has announced penalties from its investigation into cap circumvention allegations around the Clippers, Kawhi Leonard, and a string of companies that inked shady “endorsement” deals with the star: Aspiration, Daktronics, Boingo Wireless, and Lockton Insurance, as detailed in a report from the law firm of Wachtell, Lipton, Rosen & Katz. There are also fines ($30 million for the Clippers, $700,000 for Leonard), suspensions for two team execs and Leonard’s uncle, and the investigation is apparently ongoing. [Image: https://platform.theverge.com/wp-content/uploads/sites/2/2026/09/wachtell-kawhi.jpg?quality=90&strip=all]

Mullin’s airplane made emergency landing after engine failure

A plane carrying Department of Homeland Security (DHS) Secretary Markwayne Mullin had to make an emergency landing on Wednesday after an engine failure. “We just lost our right engine, would like to declare an emergency,” the pilot of the U.S. Coast Guard (USCG) plane told air traffic control, according to audio from ATC.com and shared…

NBA docks Clippers 5 first round picks, $30M for Kawhi Leonard scandal

The NBA on Wednesday announced sweeping sanctions against the Los Angeles Clippers for what the league said was an intentional effort to circumvent its salary cap by funneling money to star player Kawhi Leonard through endorsement opportunities and other income in order to sign him in 2024. The Clippers initiated “off-court income opportunities” between Leonard…

The tenth TITW gadget giveaway has ten entries so far.

That’s how many realized they could enter to win before this weekly reminder! See, I give away gadgets every Wednesday, but you’ve got to enter each time. You can use email — see the official rules — as long as the subject line’s right. It’s not “Email Entry,” but rather “Today I’m Toying With Giveaway #10” this time. [Image: https://platform.theverge.com/wp-content/uploads/sites/2/2026/09/chrome_rSz2xTRvxY.jpg?quality=90&strip=all]