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Home Blog Page 8604

Sparks look to wiggle way into playoff picture, visit Lynx


The Los Angeles Sparks ended the first half of the WNBA season on a six-game skid, including four losses by double digits.

All slumping aside, the Sparks sit just one game out of the final playoff spot as they resume play on Thursday in Minneapolis against the Minnesota Lynx.

To rookie guard Zia Cooke, cohesion remains key as Los Angeles resumes its quest to snap a two-year postseason drought.

“I just want us to stand for togetherness,” Cooke said. “No matter what happens, we’re going to stick together for the next half of the season. We’re going to keep fighting the same way we did for the first half.”

Los Angeles (7-13) is seeking its first win against Minnesota in four tries this season. The Lynx prevailed by five points on their home floor on June 11 before edging the host Sparks by five and six points, respectively, on June 16 and 20.

Nneka Ogwumike, Los Angeles’ top scorer (19.8 points per game) and rebounder (9.6 boards per game), led the Sparks in scoring in two of the previous meetings.

Napheesa Collier has paced Minnesota in each game against the Sparks, averaging 25.0 points — just above her season average of 21.9 per game.

Collier scored a career-high 35 points on Tuesday, but it wasn’t enough in an 82-73 road loss to Atlanta. Minnesota (9-12), which trailed by 22 points in the first half, trimmed the deficit to one in the fourth quarter, but was unable to keep pace.

“We needed more than Phee scoring the ball. … We didn’t get good opportunities in that moment where we battled all the way back,” Lynx coach Cheryl Reeve said.

Dorka Juhasz matched a career best with 12 rebounds for the Lynx, who hold the seventh seed in the playoff picture as they prepare to begin a three-game homestand.

Reeve hopes the team can recapture the defensive intensity it showed down the stretch against Atlanta.

“We cleaned some things up in the second half and defensively we gave ourselves a chance,” she said. “We just can’t dig ourselves in a hole like that.”

–Field Level Media

MLB News: Royals offense aims to top big performance vs. Tigers


Dairon Blanco will look to follow up a career night with a suitable encore on Wednesday when his Kansas City Royals play the third contest of their four-game series against the visiting Detroit Tigers.

Blanco recorded career highs in hits (four) and RBIs (three) during the Royals’ 11-10 victory over the Tigers on Tuesday. He fell a homer shy of the cycle, although he admitted he tried to go deep in his last at-bat. The ball fell just inches short and Blanco had to settle for an RBI double.

“I was ready in that last at-bat to get it, but it just didn’t happen,” Blanco said via an interpreter, per Bally Sports Kansas City. “It was still a good at-bat, and I got an RBI.”

Royals manager Matt Quatraro was pleased to see positive results from Blanco, who entered Tuesday’s game batting just .188 on the season.

“Every one of the hits was important, and that’s what stood out of me.” Quatraro said. “… It’s nice for him because I know he’s been pressing a little bit to get some hits, to drive the ball a little bit. To see him do that was rewarding.”

Kansas City’s Ryan Yarbrough (2-4, 5.29 ERA) will take the mound on Wednesday night against Detroit’s Eduardo Rodriguez (5-5, 2.70) in a battle of left-handers.

Yarbrough, 31, returned from a two-month absence after sustaining facial fractures to allow one run on six hits in six innings of a 4-1 victory at the Cleveland Guardians on July 9.

“I have an understanding of what happened and coming back from it and what could have been and how lucky and blessed I am,” Yarbrough said. “It’s just been great and the amount of support from the guys, especially after the game. It’s been great.”

Yarbrough is 1-1 with a 2.35 ERA in three career appearances (two starts) versus the Tigers.

He’d be wise to pitch carefully to Spencer Torkelson, who belted a two-run homer in the first inning and a three-run shot in the fifth on Tuesday. Torkelson, who leads the team with 14 homers this season, added a double in the seventh inning to cap a career-high 10-base performance.

“It feels good, but at the end of the day we came out with a loss. And it’s a tough taste in your mouth,” Torkelson told Bally Sports Detroit. “It feels good and we can definitely take some (good) things away from it.”

Matt Vierling answered a 0-for-14 stretch with a two-run double in the eighth inning of the Tigers’ 3-2 win over the Royals on Monday. He added two hits and three runs on Tuesday.

Rodriguez, 30, posted his first win since May 10 after permitting two runs on three hits in five innings of a 5-4 victory at the Seattle Mariners on Friday. He was making just his second start since being sidelined in June with a finger injury.

Rodriguez is 3-2 with a 4.31 ERA in nine career starts against Kansas City.

–Field Level Media

MLB News: Mets’ Justin Verlander tasked with keeping White Sox in check


The New York Mets and Chicago White Sox certainly did their part to add to Tuesday night’s league-wide offensive outburst.

After combining for 21 runs, the Mets and White Sox will look to remain prolific on offense Wednesday in the middle contest of the three-game interleague series in New York.

Justin Verlander (3-5, 3.72 ERA) is scheduled to start for the Mets against Touki Toussaint (0-2, 3.38) of the White Sox in a battle of right-handers.

Francisco Alvarez belted a pair of two-run homers as New York held off rallies by Chicago in an 11-10 victory on Tuesday.

The game produced one of three 11-10 final scores was one of three in Major League Baseball on Tuesday night. The Kansas City Royals defeated the Detroit Tigers and the San Francisco Giants edged the Cincinnati Reds by the same score.

The 11 runs were tied for the second-most this season by the Mets, who rank tied for 18th in the majors in runs scored. Alvarez and Brett Baty hit back-to-back homers during a five-run first inning for New York, which scored just six runs in its previous five games entering Tuesday night.

DJ Stewart hit a solo homer in the fourth and Jeff McNeil was 2-for-5 with two RBIs.

“I like the way the game ended and we scored 11 runs and beat them by one,” Mets manager Buck Showalter said. “It’s not easy to just go out there and get major league hitters out. There’s a lot of people that had trouble tonight.”

The White Sox rank 22nd in the majors in runs but have scored 24 times in their last three games after plating just three in their previous three contests.

On Tuesday, Chicago trailed 8-2 after four innings and 11-4 after six before scoring five runs in the seventh and almost forging a tie in the ninth. Andrew Benintendi hit a two-out RBI single off David Robertson, however the latter induced Tim Anderson to fly out to center to leave two runners in scoring position.

“We didn’t get this one, but we battled,” White Sox manager Pedro Grifol said. “I was happy with these guys, the way they fought. I’m happy the way we’re swinging the bat. Just got to keep going.”

Verlander allowed three runs over five innings to take the loss in a 6-0 setback to the Los Angeles Dodgers on Friday. He is 22-14 with a 3.72 ERA in 47 career starts against the White Sox.

Toussaint received a no-decision after allowing one run on three hits over 5 1/3 innings of relief Friday in Chicago’s 9-0 setback to the Atlanta Braves. He made his most recent start on July 8, when he took the loss after permitting two runs over five innings in a 3-0 defeat against the St. Louis Cardinals.

Toussaint is 1-0 with a 2.89 ERA in five games (two starts) against the Mets.

–Field Level Media

MLB News: Giants aim to extend win streak vs. skidding Reds


The San Francisco Giants will look to extend their seven-game winning streak when they oppose the slumping Reds on Wednesday in the third game of a four-game series at Cincinnati.

The Giants have been paying close attention to the details during their streak, which is the longest active run of success in the majors.

In the ninth inning of their sixth straight win, a 4-2 triumph in 10 innings over the Reds in the completion of a suspended game on Tuesday, San Francisco’s submarining reliever Tyler Rogers started his motion before spinning around and picking off Reds phenom Elly De La Cruz as the rookie took his lead off second base.

“Controlling the running game from the bench is something that we’ve worked so hard on and we know that controlling the running game wins games,” Giants manager Gabe Kapler said. “Having a sellable inside move that baserunners will actually buy is a huge emphasis for us.

“Obviously, he’s one of the one of the fastest, if not the fastest baserunner in the game, and you want to keep him right where he is. At third base, he becomes even more dangerous. Erasing that baserunner may have been the most important moment of the game.”

San Francisco built on that success in the regularly scheduled game later Tuesday night, outscoring Cincinnati 11-10.

The Giants will send Ross Stripling (0-2, 6.11 ERA) to the mound, with the right-hander looking for his first win in a San Francisco uniform. Stripling will be making his ninth start and 14th appearance of the season.

In his most recent outing, Stripling allowed two runs on five hits in 4 2/3 innings during a no-decision at Pittsburgh on Friday. In four career appearances (two starts) vs. Cincinnati, he has no decisions and a 4.63 ERA.

The Reds, losers of six straight, will counter with one of their hottest pitchers, Graham Ashcraft (4-7, 5.95). In his latest start, the right-hander allowed just one run and five hits over six-plus innings while taking a 1-0 loss against the Milwaukee Brewers on Friday.

Ashcraft dominated the Giants as a rookie in 2022, going 2-0 with a 1.26 ERA in two starts. He allowed just two runs and 10 hits over 14 1/3 innings.

The Reds sustained another blow to their rotation on Tuesday night when Luke Weaver took a Michael Conforto line drive off the back of his left (non-pitching) arm. X-rays were negative, but Weaver’s status for his next start is uncertain.

The Reds used five relievers in the suspended-game loss and six more in the second game after Weaver’s third-inning exit, leaving the pitching staff in need of reinforcements.

On the positive side for Cincinnati, Joey Votto belted his 350th career home run and star prospect Christian Encarnacion-Strand hit his first in the nightcap.

The four-homer, 14-hit game was a much-need breakout for a Cincinnati offense that had scored just five runs in the previous five games.

“Those stretches where you don’t score, that’s a major league season,” Votto said. “We’re going to keep plugging away. This is not a clubhouse where guys think about that sort of stuff. Just come out and play with joy and play with intensity and play to win.”

–Field Level Media

MLB News: Yanks’ Carlos Rodon gets fresh look at Shohei Ohtani


New York Yankees left-hander Carlos Rodon clearly remembers the first time he set eyes on Los Angeles Angels two-way superstar Shohei Ohtani.

The two will meet again on Wednesday as the Angels attempt to complete a three-game sweep of the Yankees in Anaheim, Calif.

Back on Sept. 7, 2018, Rodon was just 25 but already a veteran in his fourth major league season. Ohtani was 24, a tall, skinny newcomer to the majors who was on his way to an American League Rookie of the Year season.

On that day, though, Rodon didn’t know Ohtani was angry — the budding star had just learned earlier in the day that he would need Tommy John surgery, which would derail Ohtani’s full-time, two-way ambitions until 2021.

In the third inning, Ohtani ambushed a Rodon fastball and drove it for a 412-foot homer to center, setting a major record for home runs by a Japanese-born rookie.

“That opened my eyes,” Rodon said. “Now, if you see him walking around, he’s built like a Greek god.”

Rodon (0-2, 5.23 ERA) goes into the Wednesday game having thrown just 10 1/3 innings after signing a six-year, $162 million free agent contract with the Yankees in December. His debut in pinstripes was delayed until July 7 due to forearm and back injuries.

In five career starts against the Angels, Rodon is 2-3 with a 4.23 ERA. In Anaheim, he is 1-1 with a 2.30 ERA in two starts.

Other than Ohtani, the only current Angel who has had success against Rodon is Eduardo Escobar, who is 6-for-21 (.286) in his career against the lefty.

The Angels announced late Tuesday that 23-year-old right-hander Chase Silseth (1-1, 5.30 ERA) would be recalled from Triple-A Salt Lake on Wednesday to start in the series finale. Silseth has never faced the Yankees.

Silseth has appeared in nine games (one start) for the Angels earlier this season, walking 13 batters while striking out 15 over 18 2/3 innings. He began the season in Triple-A, then returned there in early June. Overall for Salt Lake, he has a 4-1 record with a 2.79 ERA in nine starts.

The Angels, who have won three of four to get back to the .500 mark, have an off day on Thursday before hosting the Pittsburgh Pirates for three games beginning on Friday. They were helped greatly in the first two games of the series by a 120-pitch outing from Griffin Canning on Monday in a 4-3, 10-inning win.

When Patrick Sandoval followed by throwing 7 1/3 innings on Tuesday — the longest outing by an Angels starter since May 14 — the Los Angeles bullpen got some rest.

“I can have pretty much everybody pitching (Wednesday),” Angels manager Phil Nevin said. “Our bullpen has been taxed a bit, so with our starters going deep two days in a row has been great.”

The Yankees, meanwhile, are looking to shake a slump that has seen them lose three in a row and eight of the past 10.

“The mood’s down, for sure,” New York first baseman Anthony Rizzo said. “We definitely expect better of ourselves individually and as a team. And it’s OK to be down right now. This is a low point. …

“It’s hard to have fun when you get your teeth kicked in, individually and as a team.”

–Field Level Media

MLB News: Juan Soto, Padres go for another win vs. Blue Jays


Juan Soto’s bat will need to heat up for the San Diego Padres to rejoin the National League playoff chase.

Soto is displaying signs of putting his July slump behind him, and the Padres will attempt to defeat the host Toronto Blue Jays for the second straight night when the teams meet Wednesday in the middle contest of a three-game series.

Soto scored three times and drove in three with a two-run homer and an RBI double as San Diego rolled to a 9-1 victory over the Blue Jays on Tuesday.

It was the second two-hit outing in three games for Soto, who batted .171 (6-for-35) over his first 10 games this month.

The three-time All-Star outfielder feels he has regained his touch — Tuesday’s homer off Alek Manoah being a prime example. The left-handed-hitting Soto capped a nine-pitch battle by sending the ball over the fence in left-center.

“It feels amazing,” Soto said of going the opposite way. “It feels like I can do whatever I want with the ball. I don’t have to pull it every time to hit a homer, so I can go to all parts. I can go to center field.”

The blast was Soto’s third of the month and 17th of the season.

Manny Machado, Gary Sanchez and Trent Grisham also homered for the Padres. The victory was just San Diego’s fourth in its past 16 road games.

Machado is heating up. He has nine homers and 19 RBIs in July.

Toronto saw its four-game winning streak end on Tuesday while taking just its second loss in 10 games.

Manoah, who finished third in American League Cy Young Award balloting last season, lasted just three-plus innings in his latest rough outing.

The poor showing comes as the Blue Jays are bracing for the return of left-hander Hyun-Jin Ryu, who underwent Tommy John surgery 13 months ago and is slated to pitch for Triple-A Buffalo on Friday. It could be Ryu’s final rehab start.

“Friday will kind of be telling, with how taxing it is and how he does,” Blue Jays manager John Schneider said. “A guy like him, with the work that he’s put in, where he is physically and his track record, we’ll lean on him as well as leaning on what we see.”

Jose Berrios (8-6, 3.41 ERA) will take the mound for Toronto on Wednesday. The right-hander has allowed just one run and eight hits in 12 1/3 innings over his past two starts. He received no-decisions both times.

Berrios gave up one hit over seven scoreless innings against the Chicago White Sox on July 6, his last start before the All-Star break. He yielded one run and seven hits in 5 1/3 innings on Friday against the Arizona Diamondbacks.

Berrios, 29, lost his lone career start against the Padres when he gave up one run and two hits over seven innings. That was in 2017, when he pitched for the Minnesota Twins.

Machado is 5-for-12 with a homer off Berrios, while Xander Bogaerts (4-for-23) and Sanchez (1-for-9, one homer) have struggled vs. the veteran.

Padres right-hander Yu Darvish (6-6, 4.65 ERA) will attempt to earn his second straight victory. Darvish struck out nine in six innings and allowed one run and five hits while defeating the Philadelphia Phillies on Friday.

Darvish has a hefty 5.52 ERA in eight road starts despite compiling a 4-3 mark. The 36-year-old from Japan is 3-3 with a 2.68 ERA in eight career starts against Toronto.

He also lost to the Blue Jays in Game 2 of the 2016 American League Division Series, serving up four homers while pitching for the Texas Rangers. Darvish allowed five runs and five hits over five innings during that contest.

George Springer (6-for-18, two homers), Brandon Belt (6-for-18, two homers) and Daulton Varsho (4-for-21, two homers) all have experienced success against Darvish.

–Field Level Media

Spotify shares fall after second quarter results fail to meet analysts’ estimates

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Photo by David Pup?z?

Spotify (SPOT) announced weaker than expected second quarter results and shares fell by 6 percent, in premarket trading on Tuesday. The music streaming platform missed the revenue estimates of analysts and also offered guidance that was weaker than expected. However, the number of users was 27 percent higher year over year.

The loss per share was 1.55 Euros. According to Refinitiv, analysts estimated a revenue of 3.21 billion Euros. However, the company reported a revenue of 3.18 billion Euros.

Spotify said that it is expecting a revenue of 3.3 billion in the next quarter. However, this is also lower than analysts’ estimates as Street Account put its expected third-quarter revenue estimate at 3.4 billion Euros.

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The number of users on the music streaming platform increased in the second quarter. Spotify said that there were 551 active users in this quarter and this is a 27 percent increase when compared with the same quarter last year. Net additions of active users in each month in this quarter amounted to 36 million. It also said that the number of its paid subscribers increased to 220 million. This is a 17 percent increase year over year.

On Monday, the podcast and music streaming platform increased the price of its Premium subscription. Spotify said that the market “continued to evolve” since the launch of Spotify and the changes by the company would help “deliver value to fans and artists. On Tuesday, Spotify said that the hike in its plans will have a “minimal impact” on its third quarter revenue.

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Spotify’s new paid Premium plans in the U.S. are as follows:
Premium Individual plan costs $10.99 compared to the earlier rate of $9.99.
The Premium Duo plan costs $14.99 compared to the earlier $12.99.
Premium Family plan costs $16.99 compared to the earlier $15.99.
The student plan costs $5.99 compared to the earlier $4.99.

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UPS Offers a Tentative Settlement to Resolve Labor Dispute to Avoid Catastrophe

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Image: Wikimedia MobiusDaXter

United Parcel Service (UPS) has reached a tentative deal, ending the protracted labor dispute, in a significant development that relieves both employees and management. After several weeks of protracted negotiations, the business and the union representatives were able to reach a compromise that both solves the major issues raised by the workers and ensures the efficient operation of UPS.

UPS CEO Carol Tomé said in the statement- “Together we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and to UPS and our customers.” “This agreement continues to reward UPS’s full- and part-time employees with industry-leading pay and benefits while retaining the flexibility we need to stay competitive, serve our customers and keep our business strong.”

For the thousands of UPS employees who have been coping with the uncertainty caused by the disagreement, the proposed settlement is welcome news. Addressing worker demands for pay, benefits, working conditions, and job security was the main emphasis of the negotiations.

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If employees ratify the new deal, existing part-time employees will receive a raise of at least $21 an hour, according to the union. Pay for part-time work was a problem in the negotiations. Those employed full-time will make, on average, $49. Employees will receive an hourly wage increase of $2.75 this year and $7.50 over the course of the five-year deal. Sean O’Brien, general president of the Teamsters, estimates the agreement’s value at $30 billion.

“Rank-and-file UPS Teamsters sacrificed everything to get this country through a pandemic and enabled UPS to reap record-setting profits. Teamster labor moves America. The union went into this fight committed to winning for our members. We demanded the best contract in the history of UPS, and we got it,” said Teamsters General President Sean M. O’Brien. “UPS has put $30 billion in new money on the table as a direct result of these negotiations. We’ve changed the game, battling it out day and night to make sure our members won an agreement that pays strong wages, rewards their labor, and doesn’t require a single concession. This contract sets a new standard in the labor movement and raises the bar for all workers.”

Highlights of the potential settlement are as follows:

No more making Teamster drivers work overtime on their days off. Drivers would adhere to one of two workweek plans and would not be permitted to be required to work extra on designated off-days.

All seasonal support work will be given preference to UPS Teamster part-timers who have a locked-in eight-hour guarantee and use their own cars. Seasonal labor will be limited for the first time to just five weeks in November and December.

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All UPS Teamsters would receive Martin Luther King Day as a full holiday for the first time.

UPS trucks will also have air conditioning in 2024.

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Former White House chef for former President Obama Tafari Campbell identified in tragic fatal death

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Image White House

A 911 call was placed from the former president Obamas $12 million residence in Marthas Vineyard. Tragically, police found the dead body of paddleboarder near the home.

Shortly before 10 AM the body of the missing paddle boarder was recovered from Edgartown Great Pond by Massachusetts State Police divers. MSP Underwater Recovery Unit divers made the recovery after the victim’s body was located by a Massachusetts.

The paddle boarder who was recovered from Edgartown Great Road today is identified as Tafari Campbell, 45 (not43/44 as initially reported) of Dumfries, Virginia. Mr. Campbell was employed by former President Obama and was visiting Martha’s Vineyard at the time of his passing. President and Mrs. Obama were not present at the residence at the time of the accident, reported the Massachusetts State Police.

The recovery was made approximately 100 feet from shore at a depth of about eight feet.

The investigation into the fatality is being conducted by the State Police Detective Unit for the Cape and Islands District and Edgartown Police.

 

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CWEB Business News Letter July 25th 2023

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Economic growth headline on newspaper

On Sunday, CEO Linda Yaccarino appeared to validate Musk’s strategy for the company. According to a tweet by Yaccarino, “X is the future state of unlimited interactivity — centered in audio, video, messaging, payments and banking,” which would lead to the development of a “global marketplace for ideas, goods, services, chats, ads and opportunities.”

The advertising on the company’s flagship search business, which is withstanding increased competition from AI chatbots, helped Google (GOOGL) parent Alphabet Inc. announce revenue that is above analysts’ estimates in the second quarter. The corporation announced on Tuesday that quarterly sales were $62 billion, excluding payments to partners.

As a result of the slow pace at which the company’s investments in its digital advertising business are paying off, Snap Inc. has forecast revenue for the current quarter at the lower end of analysts’ projections. In after-hours trade, the stock price dropped. The company has projected that sales for the fiscal quarter ending in September will range from $1.07 billion to $1.13 billion.

A strike that might have halted shipments across the United States and beyond has been averted after United Parcel Service Inc. (UPS) and the Teamsters union reached a tentative agreement to renew a five-year labor contract.

OpenAI, the firm behind ChatGPT, recently launched an AI identification tool that might aid educators in identifying AI-generated content, however the feature has already been removed. An addendum to the original corporate blog post announcing the function states that OpenAI secretly shut down the tool last week due to a “low rate of accuracy.”

The cloud’s strength was not felt by Microsoft (MSFT). The company’s $2.69 diluted earnings per share surpassed the $2.55 projection. The estimated $55.47 billion in sales was also surpassed by the actual $56.19 billion.

Mattel, IMAX, and AMC (which also received a large boost from a recent ruling preventing a planned stock conversion) all went up this weekend thanks to Barbenheimer’s success.

After a cold snap in April and May was followed by warmer weather in June, out-of-home sales for Unilever (UL), the parent company of Ben & Jerry’s, increased significantly across Europe.

Sam Altman, the brilliant businessman and CEO of OpenAI, has made history by launching Worldcoin, a cutting-edge cryptocurrency project that aspires to change the face of decentralized finance. The project’s launch represents a critical turning point in the development of blockchain technology, and the entire cryptocurrency community is quite excited about it.

Tomorrow afternoon, Meta Platforms (NASDAQ: META), which runs social networks, will announce its financial results. This is what prospective buyers need to know.
Last quarter, Meta reported $28.6 billion in revenue, an increase of 2.64% year over year and an increase of 3.57% over analyst predictions. The company had a good quarter overall, and it predicts strong sales growth in the coming quarter. With 3.81 billion MAUs, the corporation saw a year-over-year increase of 4.67 percent.

Stocks to watch this week. WMTTSLA, GRPNJPMMSFTGOOGLeBayAAPLAPE, META, UPS, AMZN

Content published by CWEB Business News is for general informational purposes only and does not constitute a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person.

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CWEB Business News Letter July 20th 2023