NEW YORK (AP) – The NBA will play a shortened season — if it plays at all — after labor negotiations broke down for the second time in a week.
NBA Commissioner David Stern canceled all November games on Friday, the 120th day of the lockout.
“It’s not practical, possible or prudent to have a full season now,” said Stern, who previously canceled the first two weeks of the season.
Just a day earlier, Stern had said he would consider it a failure if the two sides didn’t reach a deal in the next few days and vowed they would take “one heck of a shot” to get it done.
Owners are insistent on a 50-50 split of revenues, while players last formally proposed they get 52.5 percent, leaving them about $100 million apart annually. Pla

New tax rules could result in serious penalties for contractors in the construction industry who file their contractors’ monthly Returns late. The new rules impose penalties that increase with time and could result in loss of a contractors’ gross payment statement. These changes to the Construction Industry Scheme come into force this month (October 2011)