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CWEB Business News Letter July 21th 2023

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Economic growth headline on newspaper

With a revised deadline of September 30th confirmed, Elon Musk indicated that current vehicle owners who had paid the Full Self-Driving package would be offered a “one-time amnesty” transfer to a new car.

American Airlines increased its profit forecast for the year after reporting a second-quarter profit of $1.34 billion on the back of robust ticket sales and a precipitous reduction in the price of jet fuel.
It was a record-breaking quarter financially, with sales increasing by 5% to $14.06 billion. American Airlines, United Airlines, and Delta Air Lines are all benefiting from the uptick in international travel.

Today, Maybelline New York and Microsoft unveiled a new partnership that would allow Microsoft Teams users to use virtual makeup before video chats. Users may make simple, in-conversation changes to their appearance with the Maybelline Beauty App for Microsoft Teams. The virtual makeup looks aim to democratize cosmetics and give people more agency by allowing them to experiment with different looks in a low-risk environment, particularly in the workplace.

Nasdaq has announced that it will no longer provide institutional investors with custody for bitcoin or ether. This about-face comes at a time when the regulatory position of cryptocurrencies is unclear and indicates that Wall Street is skeptical about digital assets.

Speculation persists that Apple is developing a competitor to ChatGPT, codenamed Apple GPT. This week saw a ratcheting up of the AI competition with Meta and Microsoft partnering on an enterprise software package.

Following Dan Snyder’s turbulent and controversial 20+ years as owner of the Washington Commanders, the team was sold to private equity investor Josh Harris with the approval of the NFL owners. The $6.05 billion price tag is the highest ever for an NFL team.

For the first time, Blackstone manages $1 trillion in private equity.
When a company reaches that size, it joins the ranks of the largest banks and mutual fund companies.

OpenAI has just released bespoke instructions for ChatGPT users, saving them from having to repeatedly type in instructions like “Write the answer under 1,000 words” and “Keep the tone of response formal.”

It’s possible that Threads isn’t the “Twitter killer” program. Mark Zuckerberg, CEO of Meta, thought it would. Similarweb, a web analytics firm, reports that since Instagram-linked Threads became the talk of the social media world at the beginning of the month, users have been leaving in droves.

The MC’s intention to charge more for better seats has been scrapped. Due to disappointing results from three U.S. markets since March, the theatre chain has decided to abandon the “Sightline” strategy.

A classic NASA photo is featured in ex-First Lady Melania Trump’s latest NFT drop, “Man on the Moon,” which may be in violation of NASA’s regulation on image usage. NASA’s policy strictly forbids the usage of its imagery in NFT endeavors.

WMT, TSLA, GRPNJPMMSFTGOOGLeBayAAPL ,DKNG were among the several stocks trending this week.

Celebrity WEB Update. Premier Jewelry designer and manufacturer fashion house ParisJewelry.com has started manufacturing a new custom line of celebrity jewelry designs with 30% Off and Free Shipping. Replenish Your Body- Refilter Your Health with OrganicGreek.com Vitamin Bottles, Vitamins and Herbs. Become a WebFans Creator and Influencer.

CWEB Business News Letter July 20th 2023

 

WTA News: WTA roundup: Top seed Daria Kasatkina in quarterfinals in Palermo


Top seed Daria Kasatkina advanced to the quarterfinals with a 6-3, 6-1 victory over fellow Russian Tatiana Prozorova on Thursday at the 34 Palermo Ladies Open in Italy.

In winning in one hour and 24 minutes, Kasatkina saved two of four break points, while Prozorova saved nine of 15. Kasatkina, ranked No. 11 in the world, had the edge in total service points won at 60.8 percent (31 of 51) compared to 41.1 percent (23 of 56) for her opponent, ranked No. 236.

In other matches in the round of 16, third-seeded Mayar Sherif of Egypt knocked off Russian Sofya Lansere 6-3, 6-3.

Fifth seed Jasmine Paolini of Italy lost the first set before recovering to top Ukraine’s Dayana Yastremska 2-6, 6-4, 6-2 in two hours and 10 minutes.

Unseeded Camila Osorio of Colombia battled even longer — two hours and 48 minutes — to defeat Erika Andreeva of Russia in three sets, 6-7 (3), 6-0, 6-2.

Kasatkina will face Paolini in the quarterfinals on Friday, while Osorio and Sherif will square off.

Hungarian Grand Prix

Seeded players Elina Avanesyan of Russia and Nadia Podoroska of Argentina advanced out of the round of 16 in straight sets in Budapest.

Avanesyan, the sixth seed, dispatched Hungarian Anna Bondar 6-3, 6-0. Podoroska, the ninth seed, took out Anna Siskova of the Czech Republic by the same 6-3, 6-0 scoreline.

In other matches in the round of 16, Maria Timofeeva defeated fellow Russian Diana Shnaider 6-1, 6-1 in 57 minutes, and Kateryna Baindl of Ukraine eliminated Hungarian Amarissa Toth 6-3, 6-1.

Podoroska and Avanesyan will meet in one quarterfinal on Friday, while American Claire Liu faces eighth seed Anna Karolina Schmiedlova of the Slovak Republic.

–Field Level Media

ATP News: ATP roundup: Tommy Paul beats NCAA singles champ at Newport


Top-seeded Tommy Paul registered six aces while cruising to a 6-4, 6-2 victory over wild card Ethan Quinn in the second round of the Infosys Hall of Fame Open at Newport, R.I.

Paul won 85.2 percent (23 of 27) of his first-serve points while beating Quinn, the reigning NCAA singles champion out of Georgia. Paul will next face John Isner, who posted a 6-3, 6-4 victory over eighth-seeded Corentin Moutet of France.

Second-seeded Adrian Mannarino of France recorded a 6-3, 6-4 victory over Australia’s Rinky Hijikata, while French No. 3 seed Ugo Humbert beat Steve Johnson 6-4, 6-4.

Also prevailing in the second round were No. 4 seed Mackenzie McDonald, No. 7 Jordan Thompson of Australia, Alex Michelsen and South African wild card Kevin Anderson. The latter just ended his retirement to resume his playing career.

EFG Swiss Open Gstaad

Serbian qualifier Hamad Medjedovic outplayed former World No. 3 Dominic Thiem and produced a 7-5, 2-6, 6-3 victory in the second round at Gstaad, Switzerland.

Medjedovic overcame nine double faults and had a 10-7 edge in aces over the Austrian. He next faces fourth-seeded Yannick Hanfmann, who beat Daniel Altmaier 4-6, 6-2, 7-5 in an all-German affair.

No. 2 seed Miomir Kecmanovic of Serbia defeated Swiss wild card Dominic Stricker 7-6 (4), 6-1. Kecmanovic next faces Belgian qualifier Zizou Bergs, who outlasted Austria’s Jurij Rodionov 7-6 (8), 4-6, 7-6 (4).

Nordea Open

No. 3 seed Lorenzo Musetti converted his seventh match point of the third set to advance past fellow Italian Matteo Arnaldi 6-3, 4-6, 7-6 (6) in the second round at Bastad, Sweden.

Arnaldi saved 8 of 12 break points and also recovered from a 4-1 deficit in the final set while threatening to post the upset. Musetti will next face Austrian Filip Misolic, who beat Slovakia’s Jozef Kovalik 4-6, 7-6 (6), 6-4 in a battle of qualifiers.

Fourth-seeded Francisco Cerundolo, the defending champion, was a 6-2, 6-3 winner over Frenchman Luca Van Assche. Cerundolo will face fellow Argentina native Federico Coria, who beat Swedish wild card Leo Borg 6-4. 6-2.

–Field Level Media

NWSL News: Spirit activate midfielders Tori Huster, Bayley Feist


The Washington Spirit activated midfielders Tori Huster and Bayley Feist from their respective injury lists on Friday.

Huster, 33, has been on the season-ending injury list since tearing an Achilles tendon late in the 2021 season.

She has been with the Spirit since 2013, seeing nearly 13,000 minutes in 158 regular season matches.

Feist, 26, played the first two games this season before landing on the 45-day IL with a lower-leg injury.

She was drafted by Washington in 2019 and has three goals and three assists in 49 career matches.

Both players will travel with the team to North Carolina for Saturday’s game against the Courage.

–Field Level Media

NWSL News: Courage D Malia Berkely signs three-year extension


North Carolina Courage defender Malia Berkely agreed to terms on a three-year contract that extends through the 2026 season.

Financial terms were not disclosed by the team on Friday.

Berkely, 25, has played in 945 minutes across 11 matches this season for the Courage.

“I am very excited to be staying here in Cary (N.C.),” Berkely said. “The growth of this team has been massive and I’m just thankful to be a part of it. What we are building here as a team is so special and it’s been showing. We will continue to work and push forward and I’m looking forward to another three years of it.”

Berkely was named Atlantic Coast Conference Defensive Player of the Year in both 2019 and 2020 with Florida State. She played professionally for two seasons with French FC Girondins de Bordeaux before being acquired by the Courage via transfer prior to the 2022 campaign.

–Field Level Media

MLS News: Crew look to exorcise demons in visit to Portland

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The Columbus Crew seek to extend their unbeaten streak to nine in a venue where they’ve never won — while simultaneously dealing with the absences of forward Cucho Hernandez and head coach Wilfried Nancy.

That’s the task for the Crew (10-6-6, 36 points) when they visit the struggling Portland Timbers (5-9-8, 23 points) on Saturday.

The 10-man Crew forged a 1-1 home tie vs. New York City FC on July 8 on a goal by Sean Zawadzki in the fourth minute of stoppage time, but it was costly.

Hernandez (five goals, 10 assists) received two cautions — the first for dissent, the second for a high kick to an opponent’s face — which led to his ejection and a one-game ban. He had a goal contribution in 11 of the previous 12 matches.

Now the Crew, 5-0-3 in the past eight matches, must find a way to get a result in a city where they are 0-3-2 all-time.

“It’s always difficult losing someone like Cucho from the team,” Zawadzki said. “It’s on all of us to continue playing like we’ve been playing, trust each other and stick to the game plan the coaches have put together for us.”

The normally mild-mannered Nancy received a red card for coming onto the field to dispute a call by referee Sergii Boiko. On Tuesday, Nancy had a second match added to his suspension by MLS because he kicked a ball after being shown the card.

Also, fitness/rehab coach Federico Pizzuto received a three-match ban for spraying water on an official.

Portland, 0-2-3 in the past five matches, has problems, as well. Forward Santiago Moreno (team-leading six assists) reportedly asked for a transfer last week and did not travel for “personal reasons” Wednesday when the club visited the Colorado Rapids to play the second half of a match suspended July 4 because of weather.

It ended 0-0, the fourth such scoreline in the past 10 matches (1-4-5) for Portland.

Timbers coach Giovanni Savarese is unsure if Moreno will be available Saturday.

“Our group has a next-man up mentality,” Timbers defender Eric Miller said. “It gives someone an opportunity to play.”

–Field Level Media

MLS News: FC Dallas eye elusive road win against Sounders

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FC Dallas strive for their first win in Seattle in over 12 years when they visit the Sounders on Saturday night.

FC Dallas are 0-13-3 in their past 16 matches in Seattle, including the postseason, since winning 1-0 on May 25, 2011.

FC Dallas (8-9-5, 29 points) are coming off a 2-1 road loss against the Colorado Rapids and have dropped two straight games and six of their past eight. Dallas is 2-6-2 over its last 10 matches and is tied for sixth in the Western Conference.

The Sounders (10-8-5, 35 points) reside in third place in the West but have been blanked in six of their past 10 matches (3-4-3). Seattle lost 2-0 at the San Jose Earthquakes on Wednesday.

Both teams could have some key players back on the field after the conclusion of the U.S. men’s national team’s stay in the CONCACAF Gold Cup. The U.S. lost to Panama on Wednesday night.

FC Dallas star Jesus Ferreira, who has 10 goals in MLS play, tied the U.S. record of seven goals in a single Gold Cup. That matched the mark by Soccer Hall of Famer Clint Dempsey (2015), who spent six MLS seasons with Seattle (2013-18).

The Sounders will get Jordan Morris and Cristian Roldan back, though coach Brian Schmetzer hasn’t yet committed to playing the star duo on Saturday.

“There is an emotional side to things,” Schmetzer said. “Our team has done OK. The guys who have been here certainly deserve the shot at playing. … I will see how Cristian and Jordan are feeling, both mentally and physically.”

Morris is Seattle’s leading scorer with nine goals in MLS play. The Sounders missed him badly against the Earthquakes when they had just two shots on target.

Dallas dropped to 2-6-3 on the road with last Saturday’s loss to the Rapids. Sam Junqua’s goal in the 18th minute gave Dallas the lead but Colorado recovered to deliver the victory.

Junqua, 26, has two goals in 15 matches in his first season with Dallas.

“I think he’s doing a good job for the team,” Dallas coach Nico Estevez said of Junqua. “He’s getting that confidence to get shots and score goals and that’s something that we like. He’s a player that works really hard and we’re really, really happy that he’s been helping the team.”

–Field Level Media

NHL News: Blues F Alexey Toropchenko signs 2-year extension


St. Louis Blues forward Alexey Toropchenko avoided arbitration by signing a two-year, $2.5 million contract on Sunday.

Toropchenko, 24, was in line for an arbitration hearing on Thursday.

He recorded 19 points (10 goals, nine assists) and 12 penalty minutes in 69 games last season.

Toropchenko has totaled 21 points (12 goals, nine assists) and 27 penalty minutes in 97 career games since being selected by the Blues in the fourth round of the 2017 NHL Draft.

–Field Level Media

PGA News: Vincent Norrman wins Barbasol Championship in playoff

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Vincent Norrman of Sweden defeated Nathan Kimsey of England on the first playoff hole at the Barbasol Championship to win his first PGA Tour title on Sunday in Nicholasville, Ky.

Norrman, a 25-year-old tour rookie, lost a one-stroke lead with a bogey on his 72nd hole before gaining redemption in the playoff.

By winning the Barbasol, the tour’s alternate event opposite the Scottish Open, Norrman is fully exempt on the PGA Tour through the 2025 season.

“I don’t think I can process this for a while,” Norrman said on the Golf Channel broadcast. “I’m at a loss for words.”

Replaying the par-4 18th hole at Keene Trace Golf Club’s Champions Course to begin the playoff, both Norrman and Sweden missed the green on their approach shots. After Kimsey hit his third shot from a greenside bunker to 15 feet, Norrman chipped up to just 2 feet. Kimsey missed his par putt, allowing Norrman to tap in for the victory.

Norrman shot a final-round 66 and Kimsey fired a 64 to tie for first at 22-under-par 266 through 72 holes.

Norrman poured in six birdies on the front nine and got to 23 under with a birdie at the par-5 15th. However, after he missed the fairway and the green in regulation at No. 18, his third shot nearly trickled off the green, and he managed to save bogey from 7 1/2 feet.

“I just hit it left off the tee and I had a terrible lie there,” Norrman said. “It was an impossible shot, I felt like. That was a really good bogey.”

Kimsey had a bogey-free round until his playoff stumble, with an eagle putt on the par-5 fifth and six birdies.

Trevor Cone missed a 12-foot birdie putt at No. 18 that would have made it a three-man playoff. His 68 was good enough for a tie for third with France’s Adrien Saddier (66) at 21 under.

Lucas Glover shot a 68 for his 12th consecutive round in the 60s on tour. He finished alone in fifth at 20 under, and Canada’s Taylor Pendrith (66 on Sunday) wound up sixth at 19 under.

–Field Level Media

NCAAF News: Vanderbilt signs coach Clark Lea to contract extension


Vanderbilt signed football coach Clark Lea to a contract extension on Monday.

While the university didn’t announce contract length or financial terms, ESPN reported that it’s a three-year deal that runs through the 2029 season.

Lea, 41, is set to enter his third season after replacing Derek Mason in December 2020.

Lea is 7-17 in two seasons, but he did lead the Commodores to wins over Kentucky and Florida at the end of the 2022 campaign.

“I’m thrilled with our football program’s development on and off of the field under Clark Lea’s leadership,” Vanderbilt athletics director Candice Storey Lee said in a news release. “He is relentless in his commitment to build a foundation that yields sustainable success. He approaches each day with the pride of an alumnus who personally understands the opportunity that lies before us, and the determination of a coach and leader who has the vision to fulfill it.”

Lea was a semifinalist for the Broyles Award, presented to the nation’s top assistant coach, in 2020 while at Notre Dame. He is a 2004 graduate of Vanderbilt and also served as an assistant coach at Bowling Green, South Dakota, Syracuse, UCLA and Wake Forest.

The Commodores open the season at home vs. Hawaii on Aug. 26.

–Field Level Media