LeBron James has near triple-double, Cavs hold off Magic

first_imgSteam emission over Taal’s main crater ‘steady’ for past 24 hours TIP INSCavaliers: Kyle Korver tied Paul Pierce for fourth-place on the career 3-pointers list with 2,143. Cleveland has won nine straight times in Orlando. … James played in his 1,100 game in his 15-year career. … Cleveland is 22-0 when tied or leading starting the fourth quarter.Magic: Jonathon Simmons back injury forced the Magic to change their starting lineup for the 16th time this season. … Payton got into a shouting match with Thomas in the first half and both players were given a technical. SG Evan Fournier had his string of consecutive free throws end at 21 since returning from an ankle injury six games ago.UP NEXTCavaliers: Continue five-game trip at Minnesota on Monday night.ADVERTISEMENT Brian Heruela arrival bolsters Phoenix backcourt, defense OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson Scottie Thompson also worthy of Finals MVP, thinks Cone Don’t miss out on the latest news and information. OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson Magic: At Dallas on Tuesday night to start a three-game trip.Sports Related Videospowered by AdSparcRead Next MOST READ Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ Meralco ‘never the same’ after Almazan injury in PBA Finals Filipino bobsled team takes first crack at big-time meet; eyes 2022 Winter Games Jiro Manio arrested for stabbing man in Marikina LATEST STORIES Aaron Gordon led Orlando with 30 points, Elfrid Payton had 20 points and five assists, Evan Fournier had 18 points, and Mario Hezonja added 16 points and 10 rebounds in his seventh start of the season. The Magic have lost four straight.Down 107-87 to start the fourth quarter, the Magic cut the deficit to five on Hezonja’s 3-pointer with 2:39 left. Payton’s layup in traffic made it 128-125 with 40 seconds to play.FEATURED STORIESSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkOn Cleveland’s next possession, Thomas shot an air-ball from the free-throw line, but Wade grabbed the ball in stride and made the layup to give the Cavs a 130-125 lead with 17.8 seconds left.Cleveland missed three of four free throws in the final seconds, but the Magic couldn’t take advantage and lost for the 13th time in their last 14 games. Cleveland Cavaliers forward LeBron James (23) shoots over Orlando Magic forward Aaron Gordon (00) during the first half of an NBA basketball game in Orlando, Fla., Saturday, Jan. 6, 2018. (AP Photo/Willie J. Allen Jr.)ORLANDO, Fla. — LeBron James had 33 points, 10 rebounds and nine assists to just miss a triple-double in the Cleveland Cavaliers’ 131-127 victory over the Orlando Magic on Saturday night.Kevin Love added 27 points, and Isaiah Thomas had 19 points and four assists in his first start since returning from a hip injury that delayed his Cavaliers debut. Dwayne Wade added 16 points.ADVERTISEMENT Redemption is sweet for Ginebra, Scottie Thompson Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award View commentslast_img read more

Big break for small investors

first_imgDo small investors ever get a free lunch on Wall Street? The answer is actually yes, although we’ll have to wait until 2008, 2009 and 2010. Thanks to a new tax law, we won’t have to pay federal income taxes on stock dividends and long-term capital gains those years, provided we stay at least within the 15 percent tax bracket. This significant tax break, part of the Tax Increase Prevention and Reconciliation Act passed by Congress last month, has gone almost unnoticed. Just about all the news reports I’ve seen or heard have simply said the legislation extends for two years the reduced 15 percent tax rate for dividends and capital gains, which was set to expire after 2008. For a married couple filing jointly, the $68,700 translates to a taxable income of $51,800 after subtracting $6,600 in personal exemptions and the $10,300 standard deduction. The ceiling for the 15 percent tax bracket is $61,300 in 2006, so this couple could make at least an additional $9,500 in dividends and long-term gains and pay a tax of only $475 or 5 percent, rather than $1,425 at a 15 percent rate. And in 2008, 2009 and 2010, they would pay nothing. Because tax-bracket ranges and exemption and deduction amounts are indexed for inflation each year, this couple would likely remain in the 15 percent bracket even if they receive cost-of-living increases. “The law encourages a very favorable investment climate for long-term investors,” said Sam Beardsley, director of investment taxation for T. Rowe Price, a financial services and mutual fund firm. “And it really favors stocks over bonds,” because interest from bonds is deductions in a particular year. Hold stocks or mutual funds that pay out a large amount of qualifying stock dividends (your fund or adviser should be able to explain which dividends qualify) in taxable accounts, not traditional IRAs. Distributions from traditional IRAs are taxed at our marginal tax rate and do not qualify for the lower rate for dividends or long-term gains. Be a smart seller. Keep confirmation statements of all your fund transactions. When you sell, you can cherry-pick the specific shares you are selling and possibly realize tax-free gains in 2008-2010. (You must hold the shares for more than a year for a gain to be considered long term.) And, subject to any internal restrictions imposed by a fund firm against rapid trading, you could sell appreciated shares in 2008 (or 2009 or 2010) and buy them right back, paying no taxes and locking in a higher tax basis for future sales. “That’s pretty clear in the law,” said Mark Luscombe, principal tax analyst for tax publisher CCH, a Walter Kluwer business. “You are free to realize a gain and immediately buy back” the same securities. Humberto Cruz offers personal finance advice. Write him at [email protected] local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MORE11 theater productions to see in Southern California this week, Dec. 27-Jan. 2But the 15 percent is the maximum rate, and it applies just to taxpayers in the 25 percent tax bracket and higher. Only about one-fourth of U.S. taxpayers are in such high brackets, according to Internal Revenue Services statistics I looked up. For the other three-fourths in the two lowest 10 percent and 15 percent brackets – count my wife, Georgina, and me among them – the tax rate for stock dividends and long-term gains is just 5 percent now and will drop to zero – nada, zilch – not only in 2008 as previously scheduled, but also in 2009 and 2010. Based on industry statistics, I figure the average mutual fund investor – the prototypical small investor in the United States – qualifies for the 5 percent rate now and can expect to qualify for the zero percent rate from 2008 to 2010. Let’s compute the potential tax savings. According to the Investment Company Institute, a trade group for the mutual fund industry, the median annual household income of the 91 million Americans who own mutual funds is $68,700 (half make more than $68,700 and half make less). last_img read more

World No Tobacco Day offers chance to win a personal CO monitor

first_imgMay 31 2018How the world’s first Smokerlyzer® monitor can help you quit smoking.World No Tobacco Day falls on May 31st every year and encourages smokers to abstain from tobacco for at least 24 hours as a start to kicking the habit. It also aims to raise more awareness of the dangers surrounding tobacco consumption and smoking; statistics published earlier in March from the World Health Organization (WHO) revealed that tobacco use is directly responsible for over 6 million deaths a year, but even more shockingly, a further 890,000 deaths are those of non-smokers being exposed to second-hand smoke. Whilst there are many methods to help people quit smoking, many studies have shown that carbon monoxide (CO) monitoring has proven to be very effective in monitoring and encouraging a person’s quit attempt and this World Tobacco Day you have the chance to win a personal CO monitor. Source:https://icoquit.co.uk/ Related StoriesImproving mental health with NewMed’s latest gadgetNon-invasive and drug-free PEMF therapy can help improve detrimental effects of ArthritisPEMF therapy could lift spirits following post-Christmas bluesA study by Beard and West on the effectiveness of personal carbon monoxide monitoring, found that 7/10 people “felt as though the monitors had reduced their cigarette consumption” whilst 6/10 smokers “reported a lower nicotine dependency… over the 6 weeks, there appeared to be a significant decline in the number of cigarettes smoked per day”.The iCO™ is the world’s first Smokerlyzer® CO monitor that connects to your smartphone/tablet. Small, sleek and portable, this personal CO monitor enables you to monitor your CO levels, track your progress and share your results; simply download the app and be motivated to quit smoking, anytime, anywhere. Through a simple, non-invasive breath test this monitor measures the harmful levels of CO in the blood caused by smoking; the more you smoke, the higher the reading but as you start your quit attempt, you can track your readings as they fall.last_img read more