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Home Blog Page 8628

MLB News: Brewers look to rebound as they start 4-game series vs. Pirates


The Milwaukee Brewers will be looking to rebound from a dismal road trip that cost them the division lead when they open a four-game series against the visiting Pittsburgh Pirates on Thursday.

Right-hander Adrian Houser (3-3, 4.43 ERA) starts for the Brewers, opposed by All-Star right-hander Mitch Keller (9-7, 3.97), one of the few Pirates veterans to survive the trading deadline.

Pittsburgh lost at home to Detroit 6-3 on Wednesday when starter Osvaldo Bido was tagged for four runs in three innings, snapping the Pirates’ three-game winning streak.

Milwaukee finished a 1-5 road trip with a self-inflicted 3-2 walk-off loss at Washington on Wednesday, giving up two unearned runs in the ninth thanks to a pair of infield errors.

The Nationals loaded the bases with no outs in the ninth against closer Devin Williams on an error, single and a walk. Alex Call then hit a bouncer to third baseman Andruw Monasterio, whose errant throw to the plate allowed the tying and winning runs to score.

“I don’t think we played well enough to win today,” Brewers manager Craig Counsell said. “We did very little offensively and then we played poor defense in the last inning. That’s going to get you beat.”

The loss kept the Brewers a half-game behind first-place Cincinnati in the National League Central. Before the recent road struggles, the Brewers had taken two of three from Cincinnati at home.

Counsell was asked if the upcoming seven-game homestand was a chance to make up some ground.

“It’s probably the time of year when we’re going to start saying that, and that’s fair,” Counsell said. “We’re in a stretch, but every game throughout the season matters and we’ve got to keep trying to stack up wins.’

Milwaukee, 3-7 in its last 10 games, is 11-38 when scoring three runs or fewer, but 47-13 when scoring four or more.

Milwaukee’s three deadline additions will be making their home debut, including first baseman Carlos Santana, acquired from the Pirates. Santana, who had 12 homers and 53 RBIs with Pittsburgh, is 2-for-19 with the Brewers with one homer, but also committed one of the costly ninth-inning errors Wednesday.

The Brewers also acquired outfielder Mark Canha from the Mets and left-handed reliever Andrew Chafin from the Diamondbacks.

Houser was tagged for six runs in four innings in his last start, a 10-7 loss at Atlanta on Friday. Opponents are batting .300 against him this season with eight homers.

Houser is 3-3 with a 4.05 ERA in 13 career games, including nine starts, against the Pirates.

Keller has taken the loss in each of his three starts after a one-inning appearance in the All-Star game, allowing 16 runs in 16 2/3 innings over that span.

His most recent start was the best of the his post-All-Star break outings, giving up just two runs in 5 2/3 innings in a 2-1 loss to Philadelphia.

“Definitely needed a good one after two rough ones,” Keller said after the game. “Yeah, just felt more in a groove, attacked the zone a lot better. And yeah, just was able to finish better.”

Keller is 0-3 with a 4.62 ERA in five career starts against Milwaukee, including a 5-0 road loss on June 17 when he gave up four runs in five innings.

In addition to Santana, Pittsburgh also traded away left-hander Rich Hill, first baseman Ji-Man Choi, catcher Austin Hedges and infielder Rodolfo Castro.

–Field Level Media

CWEB Summarized Business Newsletter August 9th 2023

Economic growth headline on newspaper

Ecuadorian Presidential Candidate Shot Dead at Campaign Rally, Breaking News. Fernando Villavicencio was one of eight contenders in an upcoming election.

On Tuesday, research showed that Americans borrowed more than ever on their credit cards in the previous quarter. On Wednesday, U.S. stocks finished lower before inflation data from the U.S. Consumer Price Index (CPI) could impact interest rate choices made by the Federal Reserve.

On Wednesday, a year after the passage of the CHIPs and Science Act, President Joe Biden spoke on the administration’s economic plans.

The manufacturer of Bud Light, AB InBev, has sold eight of its beer brands to the Canadian cannabis startup Tilray. While it waits for widespread US legalization of weed, Tilray is doubling down on alcoholic beverages. Since Sundial (SNDL) has previously duplicated the business model a few years ago, it appears that it will reap the most rewards. SNDL is the largest private-sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf and Firesale Cannabis.

Groupon (NASDAQ:GRPN) stock rose 3.8% after the market closed on Wednesday because the company outperformed Wall Street forecasts. The company’s non-GAAP EPS of $0.10 in the second quarter was $0.10 above market analysts’ expectations. The revenue target of $129.1M was surpassed by $5.82M.

Ohio voters rejected a constitutional amendment. Voters in the state shot down a Republican-backed initiative in a special election that would have increased the threshold for passing constitutional amendments from the current simple majority to 60%. Abortion-rights advocates can celebrate a victory.

For its wildly successful online game Fortnite, developer Epic Games has now greenlit a virtual Holocaust museum. It’s the last thing anyone would anticipate from a combat royale where players may assume the role of Optimus Prime and then 360-no-scope a walking fish before breaking out into a dance routine.

In its first profitable quarter in over a year, digital investment giant SoftBank reported $1 billion in gains at its innovative Vision Fund and reaffirmed its enthusiasm for artificial intelligence. SoftBank’s CEO Masayoshi Son has stated his desire for the company “to lead the AI revolution.”

In response to weak revenue across the board in the third quarter, The Walt Disney Company has announced another price increase for its Disney+ streaming service.

Residents of San Francisco worry that Cruise and Waymo’s autonomous cars, which have been responsible for hundreds of traffic accidents since their debut, are still not ready to be fully unleashed on the city’s roads.

Today, Cadillac unveiled the Escalade ESV, its first all-electric SUV. The 2025 Cadillac Escalade IQ costs $130,000 and above, is powered by General Motors’ Ultium batteries, and has a range of 450 miles.

After Arm’s IPO, Amazon is in talks to become an anchor investor. The tech giant is allegedly in discussions to become a cornerstone investor in Arm Ltd., a subsidiary of SoftBank Group, before the IPO. As Arm’s design is used to create Amazon Web Services’ own processing chip dubbed Graviton, this highlights Arm’s prominence in cloud computing. Starting in early September, Arm plans to hold an initial public offering (IPO) on the Nasdaq in an effort to raise $8 billion to $10 billion.

Epic Games failed in its bid to compel Apple to immediately modify its App Store payment policies. The company behind Fortnite has appealed to the Supreme Court of the United States to reverse a decision by the US Ninth Circuit Court of Appeals that put off an injunction against Apple over its restrictive App Store policies.

With the addition of Starbucks beverages and food to its curbside pickup service, Target hopes to increase sales at its locations around the country. The warehouse club announced on Wednesday that it will extend the deal to all 1,700 of its locations that feature Starbucks cafes and the Drive Up curbside pickup service. That accounts for nearly all of its roughly 2,000 stores.

Already, Barbie has earned more than a billion dollars. AMC Theatres still could not be able to pay off a huge obligation, therefore that might not be enough to salvage the company. On Tuesday, the largest theatre chain in the world announced that business was up 15% for the quarter ended June 30 and that it had returned to profitability. Quarterly attendance at AMC (AMC) was also at a record high, not seen since 2019.

Customers of FTX have banded together to sue the exchange’s legal team in a class action lawsuit. Fenwick & West LLP is being sued for providing legal counsel to the cryptocurrency exchange, which is being accused of being a fraudulent enterprise. The law company has been accused of using front companies for fraudulent activities and of structuring deals to evade detection. Sam Bankman-Fried had previously used Fenwick & West as a legal authority.

On Thursday, earnings will be released for 193 companies, including NVO, BN, BABA, and SFT.
Friday will see results announcements from EMRAF, SPB, CEPU, VISL, RWLK, AIRS, and 16 more stocks.

Stocks to watch with positive momentum this week.  SNDLWMTAMZNMETAGRPNMSFTGOOGLeBayAAPLPYPLPENN,

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 Summarized Business News Letter August 2nd 2023

The case for buying Groupon (NASDAQ:GRPN) is getting stronger

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T. Schneider

After the market closed on Wednesday, shares of Groupon (NASDAQ:GRPN) were up 3.8% because the business had beaten analysts’ expectations.

The company’s second-quarter non-GAAP EPS of $0.10 was $0.10 higher than the consensus forecast of market analysts. An increase of $5.82M in revenue over $129.1M was achieved.

Chief Interim Officer Dusan Senkypl said in a statement, “After completing the first quarter as interim CEO, I have better visibility into how much work is waiting ahead, and at the same time, I can see that we are on the right path towards a successful transformation of the company.”

However, I am glad to see sequential improvement in our financial performance, recognizing that development is not always linear and that our firm continues to face challenges.

Groupon has been able to enhance the copywriting of deals and the process of creating deals through the company-wide implementation of AI. Groupon is also using AI in product and engineering initiatives to enhance deal recommendations and quality control, among other things. Groupon enterprise accounts are once again growing year over year.

There are currently established institutions listed as Groupon (GRPN) shareholders. They do have a sizable investment in the business. This means the institutions’ stock analysts have examined the stock and found it appealing.

Stocks decline as Moody’s issues a credit rating warning for six major US banks.

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Image Wikimedia: Ricardo630

Bloomberg reported, after Moody’s Investors Service downgraded 10 small and midsize lenders and warned that it may do the same to major companies like U.S. Bancorp, Bank of New York Mellon Corp., State Street Corp., and Truist Financial Corp., US bank stocks fell.

Additionally, Moody’s revised its outlook on eleven banks, including Capital One, Citizens Financial, and Fifth Third Bancorp, to negative.

Moody’s reported, “We expect banks’ ALM risks to be exacerbated by the significant increase in the Federal Reserve’s policy rate as well as the ongoing reduction in banking system reserves at the Fed and, relatedly, deposits because of ongoing QT,” Moody’s said in the report. “Interest rates are likely to remain higher for longer until inflation returns to within the Fed’s target range and as noted earlier, longer-term U.S. interest rates also are moving higher because of multiple factors, which will put further pressure on banks’ fixed-rate assets.” “Risks may be more pronounced if the U.S. enters a recession – which we expect will happen in early 2024 – because asset quality will worsen and increase the potential for capital erosion.”

In addition, Moody’s reported, “We continue to expect a mild recession in early 2024, and given the funding strains on the U.S. banking sector, there will likely be a tightening of credit conditions and rising loan losses for U.S. banks”

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WTA News: Elena Rybakina rallies to advance in Montreal


Third-seeded Elena Rybakina of Kazakhstan had to claw her back for a 6-7 (3), 7-6 (5), 6-3 two-day win over unseeded American Jennifer Brady — ranked 561 in the world — on Wednesday in Montreal.

Rybakina, who is ranked No. 4 in the world, earned her first career victory in Montreal.

Brady was leading 4-2 in the first-set tiebreak on Tuesday when the match was suspended by rain. Brady went on to win the set on Wednesday, but Rybakina bounced back and finished with 44 winners to win the last two sets and the match in 2 hours, 41 minutes.

Top-seeded Iga Swiatek of Poland and No. 4 seed Jessica Pegula of the United States cruised into the next round with straight-set victories. Swiatek bounced Czech Karolina Pliskova 7-6 (6), 6-2, and Pegula ousted Kazakh Yulia Putintseva 6-4, 6-4.

“Well, for sure it’s nice to have some challenges and overcome them,” Swiatek said about her win. “It wasn’t an easy first round, but I’m happy that I stayed solid, and I could close it in the first set because after having — I played two weeks ago in Warsaw, but still, I changed continents.”

Sixth-seeded American Coco Gauff had no trouble with Great Britain’s Katie Boulter, winning 6-2, 6-2 in 73 minutes.

No. 10 seed Daria Kasatkina advanced with a 6-2, 7-5 decision over fellow Russia Anna Blinkova.

Swiss 12th seed Belinda Bencic needed three sets to knock off the United States’ Alycia Parks 6-3, 5-7, 6-4. No. 14 seed Karolina Muchova of the Czech Republic defeated Romanian Sorana Cirstea 7-5, 6-4. No. 15 seed Liudmila Samsonova of Russia was a straight-sets winner over China’s Qinwen Zhang.

Ninth-seeded Czech Marketa Vondrousova beat Denmark’s Caroline Wozniacki 6-2, 7-5.

Four matches were scheduled for later Wednesday night, with a seeded player featured in each one.

No. 11 seed Beatriz Haddad Maia of Brazil was set to face Canada’s Leylah Fernandez, second-seeded Belarusian Aryna Sabalenka would play Croatian Petra Martic, No. 8 seed Maria Sakkari of Greece prepared for Danielle Collins of the U.S. and seventh-seeded Petra Kvitova of the Czech Republic was to face Italian Camila Giorgi.

–Field Level Media

ATP News: Gael Monfils upends No. 4 Stefano Tsitsipas in Toronto


Frenchman Gael Monfils upset fourth-seeded Stefano Tsitsipas in straight sets on Wednesday in Toronto in just his 11th match of the year.

Monfils, 36, defeated Tsitsipas 6-4, 6-3 in the ATP 1000 event in just one hour and 25 minutes. Monfils has been battling injuries this year.

“I knew that Stef had a lot of confidence,” Monfils said afterward. “He would try to go for his shots. I tried to put a lot of balls in, tried to hit quite heavy and not let him dictate too much. I think I did it well.”

Second-seeded Daniil Medvedev cruised into the third round by beating qualifier Matteo Arnaldi of Italy 6-2, 7-5

Russian and No. 6 seed Andrey Rublev loss in straight sets to unseeded Mackenzie McDonald, 6-4, 6-3. McDonald hit 21 winners against just five unforced errors to oust Rublev.

No. 8 Taylor Fritz needed two hours and 28 minutes to down Ugo Humbert of France 7-6 (7), 3-6, 6-3. Fritz survived nine double faults and 13 aces by Humbert. Fritz improved to 28-7 on hard courts in 2023.

No. 13 seed Alexander Zverev of Germany was sent packing as Alejandro Davidovich Fokina dazzled with a 6-2, 6-1 upset. The Spaniard converted all four break points.

In other action, No. 15 Hubert Hurkacz of Poland rallied to defeat Serbia’s Miomir Kecmanovic 5-7, 6-3, 6-0. No. 16 seed Lorenzo Musetti of Italy also had to rally to get past Aussie qualifier Thanasi Kokkinakis 4-6, 7-5, 6-4. Wild card Milos Raonic of Canada also toppled qualifier Taro Daniel of Japan 6-4, 6-3 and Australia’s Alex de Minaur recorded a 6-4, 7-5 victory over Canada’s Gabriel Diallo.

–Field Level Media

MLS News: Leagues Cup roundup: Loons, Nashville, Tigres get shootout wins

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Minnesota United’s Hassani Dotson scored the tying goal in the 90th minute, and the Loons went on to beat the host Columbus Crew 4-3 on penalty kicks after a 3-3 draw in the Leagues Cup’s round of 32 on Friday.

In the last minute of regulation, Minnesota’s Emanuel Reynoso intercepted a pass in Columbus territory, dribbled into the penalty area and passed to Dotson at the top of the box. Dotson bounced a right-footed shot past diving Crew goalie Evan Bush.

Columbus had taken a 3-2 lead on a Christian Ramirez goal in the 83rd minute. Malte Amundsen and Alexandru Matan also scored for the Crew, while the Loons got two goals from Bongokuhle Hlongwane, one in each half.

In the shootout, the first three players scored for each team before the next two missed for both teams. In the sixth round, Loons goalie Dayne St. Clair saved an attempt from Amundsen before Miguel Tapias knocked in the winning kick.

Minnesota United advances to a round-of-16 matchup against Toluca on Tuesday in Saint Paul, Minn.

The Leagues Cup began with every team from Major League Soccer and Mexico’s Liga MX competing. The group stage narrowed the field to 32 for the start of the single-elimination knockout rounds, which began on Wednesday. The final is scheduled for Aug. 19.

The two Leagues Cup finalists and the third-place teams all earn berths into the 2024 CONCACAF Champions Cup.

Nashville SC 1, FC Cincinnati 1 (Nashville wins 5-4 on penalty kicks)

Nashville goalie Elliot Panicco, subbed in just for the penalty shootout, saved an attempt by Matt Miazga to lead his team to a victory at Cincinnati.

Every shooter for both teams scored in the tiebreaker except for Miazga in the third round. Panicco dived to his left and stopped the shot. Nashville’s Dax McCarty subsequently tapped the winning penalty kick into the bottom right corner.

Nashville opened the match’s scoring on a tally from Anibal Godoy in the 64th minute. Cincinnati pulled level when Brandon Vazquez scored on a penalty kick in the 85th minute.

Next up for Nashville is a matchup with Club America on Tuesday.

Tigres UANL 1, Whitecaps 1 (Tigres advance 5-3 on penalty kicks)

Tigres converted all of their attempts in a penalty-kick shootout and goalie Nahuel Guzman stopped a shot by Ranko Veselinovic to earn a victory at Vancouver.

Fernando Gorriaran connected for the clincher in the fifth round.

Andre-Pierre Gignac brought the visitors level in the 53rd minute on a bicycle kick from 10 yards off a cross from Javier Aquino.

Vancouver’s Pedro Vite opened the scoring with a 20-yard volley after a failed clearance by the Tigres defense in the ninth minute.

Tigres move on to a Tuesday matchup against Monterrey.

Club America 1, Fire 0

An own goal from Chicago’s Gaston Gimenez in the 64th minute was the difference as visiting Club America got the victory.

On the second phase of play after a corner kick, Leo Suarez drove a cross into the penalty area. Gimenez reached out his right leg in an attempt to block the pass, but knocked the ball into his own net.

The visitors had to survive a red card issued to Richard Sanchez in the fourth minute of second-half stoppage time. Sanchez put a hard challenge on Brian Gutierrez, with his studs going into Gutierrez’s groin.

Real Salt Lake 3, Leon 1

Danny Musovski produced a second-half brace as Real Salt Lake came from behind to beat Leon at Sandy, Utah, in a match that had been postponed from Thursday due to a lightning storm.

Leon jumped out to a 1-0 lead in the eighth minute on a goal from Ivan Moreno, but Musovski leveled the score in the 69th minute when he knocked home a cross from Jefferson Savarino.

Two minutes later, Andrew Brody’s pass over the top of the defense connected with an on-rushing Musovski, whose left-footed shot found the net from 14 yards out. Cristian Arango sealed the victory with an 81st-minute goal.

Real Salt Lake move on to a Tuesday road match against Los Angeles FC.

Toluca 4, Sporting Kansas City 1

Two first-half goals in a three-minute span sent Toluca on its way to a victory in Kansas City, Kan.

An own goal from Dany Rosero in the 29th minute gave the visitors a lead, and Pedro Raul doubled the advantage in the 32nd minute.

Second-half tallies from Robert Morales (54th minute) and Juan Dominguez (63rd minute) bumped the lead to 4-0 before William Agada got a consolation goal for Sporting Kansas City in the 88th minute.

Monterrey 1, Timbers 0

Maximiliano Meza’s goal in first-half stoppage time was the difference as Monterrey posted a victory at Portland.

Luis Romo started the decisive play with a move down the left flank. He squared the ball to an unmarked Meza, who fired a right-footed shot into the top right corner of the net.

The Timbers failed to break through despite having a 17-13 shot advantage. Monterrey had five shots on goal to Portland’s four.

–Field Level Media

MLS News: Los Angeles FC sign F Cristian Olivera for four years, plus option

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Los Angeles FC signed forward Cristian Olivera to a four-year contract with a club option for 2027, the team announced Friday.

LAFC said the acquisition of Olivera from Spanish club UD Almeira was completed prior to the closing of the MLS secondary transfer window on Wednesday night.

LAFC acquired the rights to sign Olivera from Minnesota United in exchange for $175,000 in general allocation money.

“Cristian is a dynamic young player with fantastic attacking qualities that will fit well within our group and excite our supporters,” LAFC general manager John Thorrington said in a news release. “We are looking forward to welcoming Cristian and his family to LAFC and know that he will help achieve our ongoing ambition of winning more trophies.”

Olivera, 21, is a native of Uruguay. He most recently played for Uruguayan side Boston River (2022-23) on loan from Almeria and scored nine goals in 32 appearances (30 starts).

Olivera played in three matches for Almeria’s top team in 2020, and in 13 matches for its B team in 2021.

–Field Level Media

MLS News: Leagues Cup roundup: Red Bulls slip past NYCFC

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Omir Fernandez scored on a penalty kick in the 31st minute, and the New York Red Bulls held on for a 1-0 win over New York City FC on Thursday in a Leagues Cup round-of-32 match at Harrison, N.J.

Luquinhas was fouled by James Sands inside the 18-yard box, and Fernandez drove the ensuing penalty kick into the top right corner.

The Red Bulls advance to a round-of-16 matchup against the Philadelphia Union on Monday in Chester.

The Leagues Cup began with every team from Major League Soccer and Mexico’s Liga MX competing. The group stage narrowed the field to 32 for the start of the single-elimination knockout rounds, which began on Wednesday. The final is scheduled for Aug. 19.

The two Leagues Cup finalists and the third-place teams all earn berths into the 2024 CONCACAF Champions Cup.

Union 0, D.C. United 0 (Philadelphia wins 5-4 on penalty kicks)

Following a scoreless draw in Chester, Pa., Philadelphia advanced when Olivier Mbaizo slotted home his attempt in the sixth round of a penalty shootout.

D.C.’s Pedro Santos hit the right post with his shot to open the sixth round.

The Union’s Daniel Gazdag had his penalty kick saved by Alex Bono in the first round, and D.C. United’s Chris Durkin had his try in the fourth round sail over the crossbar.

Revolution 2, Atlas 2 (New England wins 8-7 on penalty kicks)

Gustavo Bou scored two goals as New England rallied from a 2-0 deficit and defeated Atlas in a penalty-kick shootout at Foxborough, Mass.

Goals by Mateo Garcia in the eighth minute and Jordy Caicedo in the 11h gave the visitors an early lead, but Bou responded in the 30th and 79th minutes.

The tying goal came off a missed penalty kick. Atlas goalie Camilo Vargas dived to his left to stop Bou’s soft effort, but the rebound went right back to Bou, who tapped the ball into the net.

New England moves on to host Queretaro on Monday.

Queretaro 1, Pumas UNAM 0

Angel Sepulveda’s 74th-minute goal stood up as the winner as Queretaro edged Pumas in an all-Liga MX matchup at Washington.

Pumas had an opportunity to pull level four minutes after conceding, but Queretaro goalie Fernando Tapia saved Eduardo Salvio’s penalty kick.

Pumas fell despite having a 24-10 edge in shots, a 6-4 advantage in shots on target and possessing the ball for 65 percent of the action.

Charlotte FC 0, Cruz Azul 0 (Charlotte wins 4-3 on penalty kicks)

Playing a “home” match at Frisco, Texas, Charlotte escaped with a penalty-shootout victory over Cruz Azul following a scoreless draw.

The tiebreaker featured five misses in six rounds. The match ended when Charlotte goalie Kristijan Kahlina stopped Kevin Castano’s attempt.

Ben Bender, Derrick Jones, Kerwin Vargas and Andrew Privett were successful in the shootout for Charlotte. Ignacio Rivero, Jesus Duenas and Carlos Rodriguez found the net with their penalty kicks for Cruz Azul.

Charlotte advances to a road match against the Houston Dynamo on Monday.

Leon at Real Salt Lake, ppd.

The scheduled match between Leon and Real Salt Lake at Sandy, Utah, was postponed due to a lightning storm. The teams will face off Friday night.

–Field Level Media

MLS News: Minnesota United, D Kemar Lawrence terminate contract

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Minnesota United and defender Kemar Lawrence mutually decided to terminate the MLS veteran’s contract on Thursday.

Lawrence, 30, had played 14 matches (starting 13) in 2023, his second season with the Loons.

According to the St. Paul Pioneer Press, Minnesota was frustrated that Lawrence joined the Jamaican national team to compete in the CONCACAF Gold Cup while he was away from the club, nursing a hamstring injury and visiting his ailing mother on “compassionate leave.”

In 184 MLS matches (172 starts) with the New York Red Bulls (2015-19), Toronto FC (2021) and Minnesota, Lawrence has scored seven goals and added 12 assists.

–Field Level Media