Michael Marois

Kings Sold to Sacramento Group Led by NBA’s First Indian Owner

bloomberg.com — The Sacramento Kings were sold to a group led by software billionaire Vivek Ranadive, who will become the first Indian-born owner in National Basketball Association history. A Sacramento-based group led by Ranadive signed an agreement to purchase the team from the Maloof family, Mayor Kevin Johnson said today in a news conference.

jmnash: . @JerryBrownGov learns quartz ...

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SEC Probes California Boomtown’s Soured Gamble on Growth

bloomberg.com — David Greiner, a Buick-GMC dealer in the Mojave Desert town of Victorville, California, keeps a Securities and Exchange Commission complaint in his desk, with passages underlined in black pen and notes scribbled in the margins, ready to pick apart the case when anyone asks. Greiner, who heads the chamber of commerce, has cause for concern.

Famed 'hatchet hitchhiker' arrested in NJ homicide

chron.com — ELIZABETH, N.J. (AP) â A homeless, hatchet-wielding hitchhiker who became an Internet hero earlier this year was arrested Thursday for allegedly beating a New Jersey lawyer to death inside his home, authorities said.

Kings Suitors, NBA Aim to Close Sacramento Deal in Next Few Days

bloomberg.com — National Basketball Association owners voted 22-8 to keep the Sacramento Kings from moving to Seattle, rejecting a $625 million bid from a Seattle-based group led by Valiant Capital founder Chris Hansen.

‘Angry Birds’ to Move From Small Screen to Large With 3-D Movie

bloomberg.com — "Angry Birds," the video game that conquered small screens to became the top-selling mobile-phone app of all time, is coming to the big screen. The animated 3-D film is being developed, produced and financed by the game's publisher, Rovio Entertainment Oy, and will be released by Sony Pictures on July 1, 2016, according to a statement today.

Brown Boosts California Schools Spending by $2.9 Billion

bloomberg.com — California Governor Jerry Brown damped lawmakers' hopes for using a tax windfall with a revised budget that expends $1.3 billion less next year than he proposed four months ago. The governor, who had projected a $97.7 billion plan in January, said economic growth was being curbed by higher federal payroll taxes and automatic budget cuts.