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The Ohio State University had its application to trademark "The" tentatively denied by the U.S. Trademark Office on Wednesday. "The applied-for mark appears to be used in a merely decorative manner that would be perceived by consumers as having little or no particular source-identifying significance," the Trademark Office concluded. The Trademark Office will allow Ohio State to alter its application to have the trademark request reconsidered. The application submitted in August was to allow OSU to trademark the use of "The" on clothing using standard characters, without claim to any particular font style, size, or color. 640

The NBA has confirmed its season has been suspended after a player has tested positive on Wednesday for coronavirus. The Thunder and Jazz were moments from tipoff when a trainer approached referees. Moments later, players, coaches and referees left the court. The game was then suspended.An hour later, the NBA announced that the season would be suspended. Games on Wednesday, other than the game between the Jazz and Thunder, will be allowed to conclude, making the decision effective on Thursday. But the final game of Wednesday's slate, which was also minutes away from tip-off, was postponed. "The NBA announced that a player on the Utah Jazz preliminary tested positive for COVID-19," the NBA said in a statement. "The test result was reported shortly prior of tonight's game between the Jazz and Oklahoma City Thunder at Chesapeake Energy Arena. At that time, tonight's game was canceled. The affected player was not in the arena.""The NBA is suspending game play following the conclusion of tonight's schedule of games until further notice. The NBA will use this hiatus to determine next steps for moving forward in regard to the coronavirus pandemic."ESPN reported that the player that tested positive was Jazz star Rudy Gobert. "This is crazy, this can't be true," Mavs owner Mark Cuban said on ESPN, moments after he learned of the decision. "It seems more out of a movie than reality." 1408

The keyboard has replaced the pen these days, and it is truly just as mighty. The owners of DJ’s Bar and Grill on the bypass in Winchester, Kentucky, can attest to that. “It’s alarming to think that this is the caliber of the general public, or the intelligence level we’re dealing with day to day,” said Danielle Ratliff. Three Decembers ago, a post appeared on Facebook about a restaurant refusing to serve ten of the 35 meals it had prepared for a group of veterans. The 25 who were there, wanted to serve the extra meals to homeless vets.The restaurant, which also goes by the name DJ’s, apparently refused. Since it’s an anniversary month for that post, it was re-shared and from coast to coast people got wind of it. Many, however, decided to not read all of it. They missed the fact that the post was from 2016. Missed the fact that it was directed at DJ’s of Pueblo, Colorado. “Armed” with that lack of knowledge, they decided to come after Gary Rison’s establishment in Clark County.“Even this morning, I responded to more negativity,” Rison said. He referred to an old restaurateur adage about how one negative review can reach 100 people, but one nice review might reach only five people. This had the same kind of impact. Comments to DJ’s (the one in Winchester, not Pueblo) Facebook page came from as far away Arkansas, and Nebraska. People there claiming DJ’s actions on that night to be “shameful,” and “disgraceful.” Rison and his daughter have responded to most of the comments, and many people deleted their negative posts once they had, you know, the facts. This story could’ve been as juicy as the steaks at DJ’s (Winchester, not Pueblo), if it had been even remotely accurate. 1709

The Dow fell more than 800 points Wednesday after the bond market, for the first time in over a decade, flashed a warning signal that has an eerily accurate track record for predicting recessions.Here's what happened: The 10-year Treasury bond yield fell below 1.6% Wednesday morning, dropping just below the yield of the 2-year Treasury bond. It marked the first time since 2007 that 10-year bond yields fell below 2-year yields.US stocks fell as investors sold stock in companies and moved it into bonds. The Dow was about 2.8% lower. The broader S&P 500 was also down 2.8% and the Nasdaq sank 3.1% Wednesday.CNN Business' Fear and Greed Index signaled investors were fearful. The VIX volatility index spiked 26%.Investors are on edge because the German economy shrank in the second quarter, and the US-China trade war still looms large over markets despite the latest truce. Industrial production in China grew at the weakest rate in 17 years in July.As the global economy sputters, investors are plowing money into long-term US bonds. The 30-year Treasury yield fell to 2.05%, the lowest rate on record.Government bonds — particularly US Treasuries — are classic "safe-haven" assets that investors like to hold in their portfolios when they're nervous about the economy. Stocks, by contrast, are riskier assets that tend to be more volatile during economic slowdowns.Gold, another safe-haven asset, rose 1% Wednesday.Here's what this all means: Normally, long-term bonds pay out more than short-term bonds because investors demand to be paid more to tie up their money for a long time. But that key "yield curve" inverted on Wednesday. That means investors are nervous about the near-term prospects for the US economy. Bonds and yields trade in opposite directions, so yields sink when investors buy bonds.Part of the yield curve has been inverted for several months. In March, the yield on the 3-month Treasury bill rose above the rate on the 10-year Treasury note for the first time since 2007. It inverted again on July 24 and has remained negative. But Wednesday marked the first time in over a decade that the "main" yield curve — the 2-year / 10-year ratio — had inverted.That spooked Wall Street, because an inversion of the 2/10 curve has preceded every recession in modern history. That doesn't mean a recession is imminent, however: The Great Recession started nearly two years after the December 2005 yield-curve inversion.William Foster, Moody's lead US analyst, predicts the US economy will avoid a recession in 2019 and in 2020, despite the yield curve inversion's warning sign. He expects growth to slow in the second half this year into 2020.The US economy remains strong: Unemployment is historically low, consumer spending is booming, and the financial system is healthy."Even though we're discouraged by the yield curve's shape right now, we see few signs of danger ahead," said John Lynch, LPL Research chief investment strategist, in a blog post.Stocks have grown volatile lately, with the Dow plunging and rising more than 350 points in each session this week. But the yield curve inversion doesn't mean the stock market is about to collapse. The S&P 500 has rallied 22% on average between the first time a yield curve inverts and the start of a recession, Lynch noted.Following the last yield curve inversion in 2005, stocks rose for 12 straight months. 3400

The House of Representatives passed an annual defense authorization bill on Wednesday with a provision that provides all federal workers with 12 weeks of 166

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