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This is the exact same script — but with a significant change in casting. The Lakers that George wanted to sign with had Lonzo Ball as their biggest star. The Lakers that Leonard reportedly still wants to sign with have LeBron James. Any player, or players, in the loaded 2019 free agent class — Leonard, Jimmy Butler, Klay Thompson, DeMarcus Cousins, Kyrie Irving, etc. — who is serious about playing on a team capable of winning an NBA championship will now have the Lakers on their shortlist. (OK, except for maybe Irving.) So, unlike last summer — or even last month — the Lakers’ need for George or Leonard immediately has drastically diminished. Over the course of Leonard’s dramatic final months in San Antonio, there were conflicting opinions about whether he wanted to play alongside James. Some people wondered if his laid-back personality meant he’d like a smaller stage — maybe with the Clippers. But in the modern NBA, greatness attracts greatness. It’s how the Golden State Warriors lured Kevin Durant. It’s how Boston added Gordon Hayward a summer ago, how Chris Paul landed in Houston, and how Russell Westbrook and the Thunder kept George in Oklahoma City.

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July 19, 2018 / 12:48 PM / Updated an hour ago Former Catalan minister Ponsati's lawyer welcomes Spanish ruling but remains wary LONDON (Reuters) - Former Catalan minister Clara Ponsati’s lawyer welcomed a Spanish court’s decision to withdraw European Arrest Warrants against Catalan politicians, but said it was unclear whether they would be allowed back. Spain’s Supreme Court said on Thursday it had withdrawn European Arrest Warrants for politicians linked to the organization of a Catalan independence referendum last October. It also said it had decided to decline the extradition of former Catalan regional leader Carles Puigdemont from Germany on the charge of misuse of public funds linked to the referendum. Former education minister Ponsati, 61, a professor at Scotland’s University of St Andrews, is one of several leaders of Catalonia’s regional government being sought by Spain. “It’s excellent news, with regards to my client Clara Ponsati, and obviously for Puigdemont... but we tread cautiously,” Aamer Anwar told Reuters by phone. “The question that arises is whether the Spanish government are willing to allow Mr Puigdemont to simply return back to Catalonia and declare independence... I suspect not.” Reporting by Guy Faulconbridge, writing by Alistair Smout; editing by Stephen Addison

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Federal Reserve chair calls decline in workers' share of profits 'very troubling'

Federal Reserve chair calls decline in workers "We want an economy that works for everyone," said Powell, who was appointed by President Trump last fall to oversee the nation's central bank. "In the last five years or so, labor share of profits has been sideways. This is very much akin to the flattening out of median incomes over the last few decades." The strength of the overall economy has been widely expected to eventually translate into higher wages for workers, but pay increases so far have been disappointing. Job growth, at more than 215,000 new net jobs every month, remains healthy, with the overall unemployment rate continuing to tick down, and the U.S. economy is growing at a healthy clip, powered in part by strong consumer spending and business investment, Powell said. But average hourly wages for most American workers have stalled — and, by at least one measure, fallen when accounting for inflation. Powell did express optimism that workers would soon enjoy more robust paychecks, citing one factor in keeping wages down as only a temporary bump in energy and gas prices. Three-fourths of white people said in a 2017 survey that they were doing "at least OK" financially, as did two-thirds of black and Latino people, Powell noted. "Overall, you see inflation at a 2% trend and wages at 2.7%," Powell said, citing a metric of inflation that excludes food and energy prices, which fluctuate rapidly.

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Hundreds of customers are still without power as hot and angry Angelenos fume at the DWP

Hundreds of customers are still without power as hot and angry Angelenos fume at the DWP As the power outage dragged into Sunday, he bought a generator to keep running one of his three refrigerators and the computer that sells lottery tickets. He said utility workers had told him Monday that power would be restored by the end of the day. "Hopefully that will be true," Zuniga said midday Monday. "They haven't been right so far." Twelve years ago, thousands of Angelenos lost power in the city as hundreds of transformers malfunctioned or stopped working. At the time, the DWP ultimately acknowledged that the utility had badly underestimated how much electricity would be in demand as temperatures soared. Those power outages spurred new demands to improve its electrical infrastructure, giving rise to a “power reliability” program focused on upgrading old equipment. Los Angeles leaders gave their approval two years ago to a series of rate hikes to help repair and replace aging infrastructure. Last budget year, the DWP replaced more than 3,000 electrical poles and more than 900 distribution transformers, according to its website . Fred Pickel, the city ratepayer advocate, said the utility had significantly boosted its spending on such upgrades, but “we’re still in a decades-long replacement process.” Despite that work, the DWP has repeatedly fallen short of annual goals for reducing the frequency and duration of power outages, according to the data on its website. Utility officials said the agency nonetheless compares well with other electrical utilities. Environmentalists warned that problems stemming from extreme heat are not going to go away.

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