Cleveland Cavaliers Launch Teardown with Savvy Jordan Clarkson Trade

The Cleveland Cavaliers traded Jordan Clarkson to the Utah Jazz for Dante Exum and two second-round picks. Although Clarkson has been productive, he’s on an expiring contract. The 24-year-old Exum is the type of player Cleveland should be targeting in trades this season. At 9-21, the Cleveland Cavaliers are barreling straight toward the NBA draft…

Elon Musk’s $1 Billion Tesla Stock Payday Might Arrive Sooner Than Anyone Thought

Elon Musk secured a generous – and ambitious – stock-based compensation plan in 2018. The Tesla CEO has already achieved the operational targets, and now only the market cap milestone remains. Tesla’s prospects are bright heading into 2020, and Musk could earn the first tranche way ahead of schedule. Elon Musk’s compensation plan ignited immense…

Philly police seize weapons, arrest 200 in drug bust

December 24, 2019 / 1:34 PM / CBS News Police have arrested more than 200 people and seized several high-powered weapons after a major drug bust in North Philadelphia, CBS Philly reports. The arrests happened over the course of several days. Officials reportedly received tips from people in the city’s Fairhill and Kensington neighborhoods about…

Cyber Daily Year Ahead: CISOs, Who Is Your Boss? – Wall Street Journal

Dec. 24, 2019 8:08 am ET | WSJ Pro Good day. With no consensus on where security chiefs report in the hierarchy of senior executives, more companies are moving their cybersecurity leaders out from under CIOs to avoid potential conflicts of interest, WSJ Pro’s Catherine Stupp reports. The role of chief information security officer is evolving…

Last Christmas eve saw the worst massacre for stocks in decades — smart traders bought

Steve Chiavarone was rethinking his gift list.It was the night before Christmas last year, the worst moment of Wall Street’s bleakest holiday season in decades. Staring at another 400-plus-point plunge in the Dow, its fifth in seven days, the Federated Investors fund manager worried he’d been too generous with presents for the kids.“Market’s going the…