Picture 1073Serena Williams fined a record $82,500 for US Open tirade
Serena Williams, who reclaimed the No. 1 ranking in women’s tennis this season, was fined a record $82,500 Monday for her profanity-laced outburst during the U.S. Open in September and could be suspended from the event if she commits another major infraction in the next two years. The sanctions were announced Monday by Grand Slam administrator Bill Babcock after nearly three months of deliberation over how to discipline the most dominant player in women’s tennis for an ugly tirade that was captured on national television and replayed countless times on sports highlight shows and YouTube. (Continue Reading…)

In job hunt, college degree can’t close racial gap
Johnny R. Williams, 30, would appear to be an unlikely person to have to fret about the impact of race on his job search, with companies like JPMorgan Chase and an M.B.A. from the University of Chicago on his résumé. But after graduating from business school last year and not having much success garnering interviews, he decided to retool his résumé, scrubbing it of any details that might tip off his skin color. His membership, for instance, in the African-American business students association? Deleted. “If they’re going to X me,” Mr. Williams said, “I’d like to at least get in the door first.” (Continue Reading…)

Tiger Woods’ sponsors stand by their man
The sponsors that have made Tiger Woods the richest athlete in the world are sticking with the golfing great, despite rumors swirling around his early-morning car crash on Friday. Woods’ major endorsers, including Nike, Gatorade and Gillette, lined up on Monday to state their support for the golf great. “Tiger and his family have Nike’s full support,” Nike (NKE, Fortune 500) said in a statement. “We respect Tiger’s request for privacy and our thoughts are with Tiger and his family at this time.” (Continue Reading…)

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