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This LeBron James card just sold at @GoldinAuctions for .8 million, the record for a modern day card. Winner is @LeoreAvidar, who says purchase is part of strategy to “bring something big to the collectibles and alternative asset business in the coming months.” pic.twitter.com/rN9lepvVpE— Darren Rovell (@darrenrovell) July 19, 2020 343

TORONTO (AP) -- The Toronto Raptors selected 6-foot-1 San Diego State guard Malachi Flynn 29th overall in the NBA draft, and 6-foot-5 Nevada guard Jalen Harris 59th.The Raptors face some uncertainty at point guard. Toronto hopes to re-sign free agent Fred VanVleet, while six-time All-Star Kyle Lowry, now 34, has one year remaining on his contract.Flynn began his college career with two seasons at Washington State before playing his junior season with the Aztecs.Flynn averaged 15.8 points per game in his final season with the Cougars, and boosted that to 17.6 points as a junior at SDSU, adding 5.1 assists and 4.5 rebounds.The 22-year-old Flynn was named the 2019-20 Mountain West Player of the Year and the conference's Defensive Player of the Year. 764

Trade war fears and a presidential attack on Amazon are rocking Wall Street.The Dow dropped more than 700 points on Monday, and the Nasdaq plunged 3%. The S&P 500 hit its low for the year and was on track for its lowest close since November. The sell-off left all three major indexes in the red for 2018.By the end of the day Monday, the Dow slightly recovered, closing down 458 points for the day.The sell-off on the first day of the second quarter came after President Trump once again attacked Amazon on Twitter. Amazon, one of the biggest drivers of the 2017 market rally, tumbled 5%, wiping out more than billion of its market value.Trump once again accused Amazon of taking advantage of the US Postal Service, and he suggested that Amazon does not pay its fair share of tax.In fact, Amazon pays the same lower rate that the post office charges other bulk shippers, and it collects sales tax in every state that charges it. Amazon does not collect sales tax on purchases made from third-party vendors."You've got the president of the United States attacking a single company over what he considers to be unfair practices," said Ian Winer, head of equities at Wedbush Securities.Amazon wasn't the only tech stock in trouble. Tesla, Netflix and Cisco all dropped by at least 4%. Intel plunged 8% on a?Bloomberg News report that Apple plans to switch to its own chips. Almost every stock in the Nasdaq 100 lost ground.The Nasdaq has plunged more than 10% from its all-time high on March 12."When investors see market leaders suddenly stumble, they become more cautious about the entire group," said Kate Warne, investment strategist at Edward Jones.Wall Street is also fretting about rising trade tensions, especially with China. Beijing responded to Trump's steel and aluminum tariffs on Monday by following through on its threat to impose tariffs on billion of US imports. The tariffs apply to 128 products, ranging from pork and meat to steel pipes.Trump plans to place additional tariffs on about billion worth of Chinese goods — and Beijing has promised to respond.John Toohey, head of equities at USAA, blamed the sell-off on concerns about the China tariffs. "Global trade could slow down, global supply chains could be impacted, and CEOs could be more cautious on capital spending," Toohey said.NAFTA worries are also on the rise after Trump took aim at the trade deal between the United States, Canada and Mexico. Trump on Sunday linked NAFTA to his efforts to build a wall along the border with Mexico."They must stop the big drug and people flows, or I will stop their cash cow, NAFTA. NEED WALL!" Trump tweeted."It's a cause for concern. That mixing of issues is contributing to uncertainty," said Kristina Hooper, chief global market strategist at Invesco.No matter the cause, signs of fear abounded. The VIX volatility index jumped more than 15%. CNNMoney's Fear & Greed Index of market sentiment dropped further into "extreme fear." Crude oil plunged about 3%. Gold, which tends to do well when investors are worried, climbed more than 1%."None of it makes a lot of sense," said Michael Block, chief strategist at Rhino Trading Partners. "I don't know what we learned that was new. Chinese tariffs are not surprising."After spiking last year, the stock market hit extreme turbulence during the first three months of the year as investors worried about tariffs, inflation and tech stocks. The Dow snapped its longest quarterly winning streak in 20 years.Stocks may be volatile, but the backdrop looks bright. Global economic growth is expected to accelerate and corporate profits are likely to surge, thanks in part to Trump's corporate tax cuts."It's unlikely to be the end of the bull market," Warne said. "The underlying fundamentals remain positive." 3823

They've been ignored for decades, but now, drive-in movie theaters are making a huge comeback. It's the only place where large crowds of people can see a movie together, and still maintain a social distance.Usually on vacant lots or in rural areas, the drive-in was hugely popular. Until it wasn't. Fancy theaters took over and many of those sites became a piece of history, the empty lots they sat on often doubling as a swap meet.“It’s been one of the most interesting stories of the pandemic, in terms of the movie business, is that drive-ins, which have been mostly ignored since the 70s and 80s, have become the focal point for theatrical movie going and for people who want to get out of the house and go to the movies, because those are the spaces that are open and I think it will have an impact going forward,” said Ross Melnick, professor of film and media studies at the University of California Santa Barbara.Melnick is also the man behind the website Cinema Treasures. The site provides research on more than 50,000 theaters around the world. “It features memories, comments, data, photographs; it’s a globally crowd-sourced information database in which people can talk about when they worked at theaters, the information they have on them. as well as remembering their history and contemporary function,” he explained.Now, it's a social site. People keeping in touch, remembering their favorite theaters, and their favorite memories. “When you’re home, you’re thinking about what you’re missing, what you used to do--used to go to the restaurant, coffee shop and one of the things they used to do is go to the movies,” Melnick said.The Memphis-based Malco Theatres has been a family business since 1915. There are 36 locations and one drive-in, which recently reopened. Malco called it a "socially distant cinematic success."“It’s selling out. It’s like the glory days,” said David Tashie, president of Malco Theatres. “Cars are piling in. The food is different, there’s walk-up tents and we’re bringing the food, so it’s definitely making a surge, and hopefully it continues when the indoor theaters open."The "glory days" as shown from this newspaper clipping on the cinema treasures site. Malco Theatres have been through a lot through the decades, having to adapt to every technological evolution. “We were the first to integrate theatres,” said Tashie. “We’ve survived Spanish flu, wars.”And now, they've survived a pandemic. “There’s a lot of history here we’re trying to protect and we’re on it, and Hollywood needs to keep delivering movies and we’ll have great places to show them,” he said.The Summer Drive-in is not alone. Melnick says there's been pop-up drive-ins all over the country and world. Some are so full they're turning people away. It's the one place where people can be together, even if they're not. "The longevity of the kind of business it creates a stake in the community there’s this continuum you have this place that and multiple generations have grown up in the area,” Melnick said. “The summer drive-in is this consistent location for rites of passage- childhood, teenage hood or parenthood. You have this consistency.” 3175

This holiday season, a word of caution from charity experts. If you're able to donate, make sure you do your homework, and make a plan for your money so that it supports a worthy cause.Court documents from September detail a four-state investigation that shut down a sham charity, which, according to investigators, bilked consumers out of millions. They claimed to use donations to help homeless veterans, breast cancer survivors, and disabled law enforcement. But the real people in need got next to nothing."The fraudsters out there are relying on your generosity your good wishes, the fact that you can’t say no when somebody says something like veterans or children or breast cancer- they want to tug on those heartstrings," said Yael Fuchs, President of the National Association of State Charity Officials (NASCO). "NASCO was formed so that state charity regulators can talk to each other, so that we can learn from each other, so that we can share tips and make sure that we are coordinating our enforcement efforts.”They often work together to take down the bad guys. And when they're not doing that, they're proactively following fundraising drives. “Do we see exorbitant amounts of money going to professional fundraisers- do we see big upticks in the salaries that the leaders of the charity are making,” Fuchs said.They look for ways in which people are being taken advantage of. So, how do you know who's good and who's not? Enter organizations like Charity Navigator. “We’re a database with all of the registered nonprofits in the United States,” said Michael Thatcher, President, and CEO of Charity Navigator. Thatcher says the company has grown to be the largest independent evaluator of nonprofits in the country. Basically, they give you all the tools you need to make the right decisions when it comes to donations.“Never charge the donor for access to the information and never charge the charities to be evaluated so you eliminate any potential conflict of interest,” Thatcher said If you're looking to give this year, he recommends focusing on how the organization is run, how they're making a difference in the world. Review their financial data, and ask questions - lots of questions. "How have they pivoted around COVID and how have they stayed true to their mission and also stayed in business?" Thatcher added.NASCO recommends you do extensive research. And be specific about the "cause" you want to support. “Where is my money going- how will it be used? What we always want people to remember is you don’t want to give to a buzzword you’re not just giving to a cause you’re giving to a particular charity so you want to be able to trust that charity to understand what their programs are.” The need will be big this year. And donations will be unpredictable. So, experts also say, make a plan, talk to your family, and give with intent so that your donation goes where it's supposed to. 2923