fall

Shein shares fall on Hong Kong debut as parcel duties and Iran costs bite

Shares in fast-fashion giant Shein fell as much as 10% on their trading debut on Hong Kong’s stock market on Tuesday, before recovering some of their losses, following years of delay to the company’s plans to list publicly and regulatory setbacks in Europe and in the US.


ADVERTISEMENT


ADVERTISEMENT

Shein’s initial public offering opened on 24 August, with the final share price set a week later on 31 August. Trading began the following day, on Tuesday.

The gap reflects standard IPO process, as investors placed their orders over about a week, the banks running the deal then fixed the final price and decided who got shares, and trading opened a few business days later once the exchange gave the final go-ahead.

The listing marks the end of a long search for a stock market willing to take Shein after plans to list in New York and London stalled amid scrutiny over its Chinese supply chains, forcing the company to turn to Hong Kong instead.

New US and EU tariffs on low-cost parcels from China, along with rising shipping costs from the war in Iran, have contributed to Shein’s swing from a $395 million (€340mn) profit to a $99 million (€85mn) loss in the first quarter of this year.

Shein raised about $1.7 billion (€1.46bn), pricing shares at HK$48.56 (€5.33) each, in one of the city’s biggest share sales this year.

“Shein’s Hong Kong listing marks a new starting point,” said Leigh Gui, Shein’s chief financial officer, in a short speech at its listing ceremony.

But in early trading, the shares fell to below HK$44 (€4.83) before losses narrowed.

Tariffs squeeze profits

Shein has built its appeal to customers on ultra-fast, affordable fashion, delivered from China to the West within days.

However, the end of “de minimis” tariff exemptions in the US and the European Union has raised duties on low-value parcels from China, including Shein’s products. Higher logistics costs, driven partly by the war in Iran, have also squeezed the company’s low-price business model and profitability.

Tariff costs have forced Shein to raise prices, “cutting into its main advantage,” said Jacob Cooke, CEO of WPIC Marketing + Technologies.

Back to its roots

Shein, pronounced “she-in,” earlier explored listing its shares in New York and London, and moved its headquarters from China to Singapore in 2021.

But increasingly strict scrutiny by Beijing and by regulators in the US and Europe led it to embrace its Chinese roots and switch to a Hong Kong listing.

Launched in 2012 in China, much of Shein’s operations were in the southern province of Guangdong before it moved its corporate headquarters out of the country.

“Guangdong is Shein’s roots, and the starting point of our journey,” founder Sky Xu said in a speech in February.

Pivoting its focus back to China also highlighted the advantages Shein derives from a supply chain system that “only exists” in Guangdong, said William Ma of GROW Investment Group, referring to its small-batch, fast-response manufacturing model.

Shein has hit other roadblocks in expanding in Europe. In February, the EU launched a probe into the company with a focus on “illegal” products, including alleged child sexual abuse material.

In May, Shein acquired San Francisco-based eco-friendly clothing retailer Everlane, a move some analysts said was not the best fit.

Hong Kong’s IPO boost

The company’s market value was roughly $27 billion (€23.2bn) as it listed in Hong Kong, a fraction of its peak valuation a few years ago.

“Shein has probably missed its golden listing window due to the shift of momentum toward AI and tariffs, which can affect valuations and profitability,” said Gary Ng, a senior economist for Asia Pacific at French bank Natixis.

Still, Shein’s listing is welcome news for Hong Kong, as the Chinese territory makes increasing efforts to hold onto its role as a global financial hub following a downturn in 2023.

Hong Kong’s stock exchange has had a strong year for IPOs, raising more than $40 billion (€34.4bn) so far.

There is also a backlog of companies seeking to list there, said Lorraine Tan at investment research firm Morningstar.

Source link

The best movies, TV, books, arts and concerts to spice up fall

After oohing and aahing over “The Odyssey,” it’s time for the hot summer splash to make way for an intriguing fall lineup.

At the movies, Alexander Skarsgård plays a sexy wicker husband. Tom Cruise, a bizarro oil man. Jenna Ortega, a robot friend, and Kendall Roy, ahem, Jeremy Strong, is Mark Zuckerberg. Then we revisit classics of various stripes on the small screen, from a further-future “Blade Runner” to “A Different World” relaunch to “East of Eden” to “Pride and Prejudice.”

For new books, it’s an Emily fest. Emily St. John Mandel’s “Exit Party,” based in Los Angeles, is being called her best work since “Station Eleven.” And Emily Wilson, “The Odyssey” translator who launched 1,000 hot takes, lets us inside her process. As for arts, directors steal the spotlight: the Lucas Museum of Narrative Art opens with 20 inaugural exhibitions and a collection of David Lynch’s L.A. photography fills a local gallery.

Bookmark this page and come back daily this week as we share even more of the best of fall. — Brittany Levine Beckman

Source link

Nicola Sturgeon husband’s fall from grace to be adapted into a TV drama for Channel 5

A new drama following Nicola Sturgeon and her estranged husband’s fall from grace has been commissioned as television movie for Channel 5 following his embezzlement scandal

Nicola Sturgeon and her estranged husband’s dramatic fall from grace is to be turned into a movie length drama for TV.

Channel 5 announced today they will make a 90 minute factual drama about how Sturgeon’s husband, Peter Murrell, embezzled £400,000 from the SNP over a 12 year period.

Called ‘To Nicola, Love Peter’ it will follow the channel’s success with Power: The Downfall of Huw Edwards. The drama creators say they will draw on an extensive range of factual sources including evidence gathered by Police Scotland, The Crown Office and Procurator Fiscal Service as well as extensive TV and newspaper interviews with Nicola Sturgeon and interviews with other key protagonists.

Ben Frow, Chief Content Officer, 5 said: “This is an epic tale of Shakespearean proportions. An extraordinary tale of power, envy, deception and greed.

“It’s both a high-stakes political melodrama and bizarre domestic drama that has dominated headlines and gossip columns. We will be pulling together the events and characters involved to create a compelling revealing drama, as well as answering that very important question – why would anyone pay £2,600 for a pair of salt & pepper grinders…?!”

In June, former SNP chief executive Murrell was sentenced to five years and three months in jail after he admitted to embezzling more than £400,000 from the party.

Murrell – the estranged husband of Nicola Sturgeon – used the funds to buy goods ranging from cars and a motorhome to kitchenware and toiletries.

The Glasgow home he shared with Sturgeon was searched as part of the police operation, as was the SNP headquarters in Edinburgh.

Murrell’s largest single purchase, in 2020, was a £124,550 luxury motorhome, paid for entirely with party funds. When it was seized by police three years later, it had only ever been driven four miles.

Murrell also used party funds to buy further items including a £3,223 coffee machine, a £3,000 robotic lawn mower, £2,600 salt and pepper grinders and a £425 gold pendant that Sturgeon was photographed wearing.

Sturgeon has said she was not aware that Murrell had purchased many of the high-value items listed in court documents. The former first minister has consistently insisted that she had no reason to believe that Murrell had not used his own money for the items he was buying.

Sturgeon had stepped down as first minister in March 2023 and was arrested In June 2023. But she was later told she was not being investigated.

Last year Sturgeon announced that the pair were ending their marriage. She appeared at the Edinburgh Fringe earlier this month and in an on stage interview told the audiences she “feels like a mug” for caring about estranged husband Murrell.

She also claimed he “lied right up until he pled guilty”, and said she won’t be visiting him in prison.

Sturgeon also said: “Over the years, he never really levelled with me. The day he pled guilty, I was still learning about some of the detail of what he had done for the first time. I suddenly realised I had been living with somebody that I never really knew properly.”

Casting for ‘To Nicola, Love Peter’ is currently underway with filming likely to begin later this year. it is expected to air on 5 in 2027.

Power: The Downfall of Huw Edwards pulled in almost two million viewers when it aired earlier this year on 5.

* Follow Mirror Celebs and TV on TikTok , Snapchat , Instagram , Twitter , Facebook , YouTube and Threads .



Source link

Walmart shares fall as comparable sales growth slows

Customers at a Walmart on Nov. 28, 2013 in Alexandria, Va. Shares of Walmart fell more than 9% after the retailer reported the lowest quarterly comparable sales growth since 2020. File Photo by Michael Reynolds/EPA-EFE

Aug. 20 (UPI) — Walmart on Thursday reported sales grew at their slowest pace in the retailer’s latest fiscal quarter in six years, sending its shares down more than 9%.

In the second quarter ended July 31, comparable sales in the US, including stores and digital channels open for at least a year, were 2.6%, the smallest advance since 2020, Walmart said.

“Customers tell us they’re still feeling some pressure,” Walmart CEO John Furner said on an earnings call with analysts.

Walmart blamed the disappointing sales growth partly on new federal rules on drug pricing that cut the prices of several costly medications for those enrolled in Medicare.

The company is also anticipating at least $2 billion in extra costs this year from higher gasoline prices due to rising oil prices due to the U.S.-Israeli war with Iran.

As the national average for a gallon of regular gasoline has risen to $4.10 from $2.98 and inflation spiked to 3.4% from 2.4% before the conflict, Walmart said consumers are making adjustments.

“As you go through month by month in the last quarter, you can tell when fuel prices increased and got above $4, and perhaps there’s a psychological impact to that, that there are choices that consumers are making,” Walmart finance chief John David Rainey told analysts. “It’s why we have leaned so heavily into lower prices.”

Meanwhile, Walmart said it has seen gains as more affluent customers trade down as their budgets tighten.

For the full year, Walmart expects net sales to rise 4% to 5%, up from 3.5$ to 4.5% previously. Operating income is expected to rise 7.5% to 8.5%, up from an earlier view for 6% to 8%.

Rainey told CNBC that Walmart is eligible for tariff refunds of around $2.9 billion, and it has yet to receive nearly $100 million of that. He said the funds would be used to lower prices.

Source link

Treasury to double bond buybacks this fall

Aug. 19 (UPI) — The U.S. Treasury Department announced Wednesday that it will buy back about twice the usual amount of its bonds in a move to prevent rising interest rates on mortgages and consumer loans.

The department, which is led by Secretary Scott Bessent, said it will target the 10- to 20-year and 20- to 30-year portion of the market. Those bonds have faced a buyers’ strike since late June, CNBC reported.

Treasury said it will at least double the maximum size of its usual buyback, from $2 billion to “at least” $4 billion, an announcement from the department said. The buyback operation will be from Sept. 9 through Nov. 4.

The yields on longer-term debt have been at their highest levels since 2007, pushed up by war with Iran and other concerns, such as growing competition for financing with borrowers and growing federal deficits, Politico reported.

After the announcement, yields plummeted, while stock market futures spiked, CNBC reported.

The 10-year note dropped 6 basis points to 4.647% and the 30-year bond plunged 9 basis points to 5.196%. A basis point equals 0.01%. Yields and prices move in opposite directions.

It’s the latest move by Bessent to affect treasury yields.

The department conducted a joint operation with Japan to boost the yen, which was trading at its weakest against the dollar in about 40 years. He had warned in January that Japanese government bonds were causing issues in the U.S. treasury market.

The department also recently alluded to possibly issuing less longer-term debt in the future, Politico reported.

“This increase in buyback operation sizes reflects Treasury’s desire to provide greater liquidity support in longer-dated nominal sectors where there is consistent strong sponsorship from market participants, as evidenced by the significant volume of high-quality offers Treasury routinely receives in longer-dated buyback operations,” the department’s press release said.

The move “can help crowd in potential buyers tempted by the prior run-up in yields and force some near-term short-covering, while discouraging investors from going max short in the future for fear of being ambushed again,” Krishna Guha, head of global policy and central bank strategy at Evercore ISI, said in a client note, CNBC reported.

“But the operation changes almost nothing in terms of the fundamentals, in particular the unchanged need to finance the tidal wave of hyperscaler debt in addition to very large government deficits,” Guha added.

It could actually end up making the Federal Reserve‘s job of getting inflation back to 2% more difficult, said RSM Chief Economist Joe Brusuelas.

The buyback could artificially suppress yields and make controlling inflation more challenging.

“Bessent is a political actor. His interest is purely short-term and is organized around the upcoming election and not a return to price stability,” Brusuelas wrote.

President Donald Trump speaks to the press as he tours a new helipad on the South Lawn of the White House on Wednesday. Photo by Al Drago/UPI | License Photo

Source link

U.S. stocks fall as rising bond yields, oil prices spook investors

Aug. 18 (UPI) — Stocks fell on all three major U.S. indices Tuesday as investors were spooked by elevated bond yields and the prospect of higher oil prices as the war between the United States and Iran drags on without apparent resolution.

Tech stocks led the downturn as the Nasdaq Composite dropped by 1.3%, followed by losses on the S&P 500 (0.6%) and the Dow Jones Industrial Average (0.2%).

Most analysts put the blame for the markets’ poor showing on news that 30-year Treasury yield surpassed 5.3% for the first time since the global financial crisis in 2007, reflecting sagging demand from global buyers willing to underwrite sovereign U.S. debt.

Concerns over rampant government deficit spending and the United States’ burgeoning debt of nearly $40 trillion are pushing treasury yields higher, analysts noted.

The shorter 10-year Treasury, meanwhile, ended above 4.7%, compared to below 4% before the start of the Iran War in February.

Rising “T-bill” yields are considered a danger signal for the broader economy and consumer spending because they can have the knock-on effect of pushing up virtually all borrowing costs, from auto loans to mortgages.

The latter is being reflected in costlier mortgage rates. A 30-year, fixed-rate mortgage on Tuesday stood at 6.75% after ending last week at 6.69%.

Meanwhile, oil prices on Tuesday reached their highest level in more than two weeks after President Donald Trump threatened to “bomb” Oman if it interferes with his plans to open the strategic Strait of Hormuz.

The benchmark Brent crude futures traded around $91 per barrel, while U.S. West Texas Intermediate crude futures rose to $84 per barrel.

Source link

Cameron Brink injured as Sparks fall to Liberty despite late surge

Sabrina Ionescu scored 20 points and the New York Liberty avoided one of the biggest collapses in WNBA history, holding off the Sparks 85-81 on Thursday night.

New York (21-14) led 69-41 early in the fourth quarter and looked poised to cruise to an easy victory when the Sparks scored 21 straight points to get within striking distance.

The Sparks (12-21) only trailed 82-79 with 26.6 seconds left and were in position to match the Chicago Sky for the biggest comeback in league history. The Sky rallied from 28-down to beat Las Vegas in 2022. Rae Burrell got the Sparks within one on a reverse layup with 22 seconds left. Ionescu hit two free throws with 14.8 remaining to restore the three-point advantage.

The Sparks had one last chance, but Ariel Atkins missed a three-pointer from the wing with seven seconds left and Ionescu hit a free throw with 3.2 seconds left to seal the win.

The Sparks also lost Cameron Brink earlier in the fourth quarter. She helped key the game-changing run, drawing an offensive foul on Breanna Stewart. Brink was down on the floor for a few minutes before being helped to the locker room with a towel over her head. She took a shot to the stomach area from Stewart to get the offensive foul called. A few minutes earlier Brink and Burrell banged heads.

Sparks coach Lynne Roberts said Brink was being evaluated by doctors after a “brutal hit to the ribs”, but didn’t have an update other than that.

Cameron Brink controls the ball during the first half against New York on Thursday.

Cameron Brink controls the ball during the first half against New York on Thursday.

(Elsa Garrison / Getty Images)

Burrell finished with a career-high 28 points.

New York got a scare in the third when Ionescu left the game. She went down awkwardly after playing defense and quickly grabbed her right foot. She subbed out soon after and jogged up the tunnel back to the locker room area. She returned about four minutes later on the game clock to a nice ovation from the crowd.

Jonquel Jones was a big reason the Liberty built a 49-32 lead at the half with 10 points and 12 rebounds. New York extended the advantage to 26 after three quarters and 69-41 before the Sparks rallied.

New York was still playing without Leonie Fiebich and Satou Sabally. Coach Chris DeMarco said that there’s no timetable on Fiebich’s return and that Sabally, who has been sidelined for over a month with a concussion, was away from the team.

Up next for the Sparks: at Washington on Saturday.

Source link

Dodgers’ Freddie Freeman appears to avoid serious injury in fall down dugout steps

Dodgers first baseman Freddie Freeman tracked Royals hitter Isaac Collins’ fly ball through foul territory to just outside the visiting dugout at Dodger Stadium.

He had a plan. With one out in the top of the eighth inning, Freeman was going to lean over the rail to make the catch.

He shuffled, shifted his weight, and the ground disappeared out from under him.

“Obviously there was no rail,” a sore but apparently not seriously injured Freeman said after the Dodgers’ 4-2 win against the Royals.

He pitched sideways, practically clearing the first set of steps and landing on the second flight. Freeman braced himself on his right side, which took the brunt of the impact. But thanks to the angle of the steps, he never hit his head, he said.

“Kneecaps are sore, shoulder is sore, hand is sore, wrist is sore,” Freeman said. “I mean, I fell. But I’m in good spirits. I’ve already cold tubbed. I’ve done everything I needed to do to put myself in a position to be able to hopefully play [Thursday].”

Manager Dave Roberts described Freeman’s status as “day to day” and noted that he’d already planned to give him a day off Friday, the second game of a four-game series against the Brewers. The Dodgers will monitor how Freeman is feeling Thursday morning.

“I think that we really dodged the bullet,” Roberts said. Freeman did not undergo any imaging on his various aches and pains, although he said head athletic trainer Thomas Albert asked if he felt like he needed any.

“I said, ‘Do you want to do a whole-body X-ray?’” Freeman recounted. “And he was like, ‘We can.’ But no, I’m OK.”

Freeman was sore immediately after the fall but finished that half inning in the field. He said after the adrenaline wore off, he motioned to the dugout that he might need a pinch-hitter in the bottom half of the eighth. He was due up first.

Utility player Tommy Edman took the at-bat for him, and Kiké Hernández replaced him at first in the top of the ninth.

It wasn’t the first time Freeman has taken a tumble chasing after a foul ball, but he estimated the last time was about a decade ago, with the Braves in Arizona before they extended the netting.

“Actually went down probably like 10 feet,” Freeman said. “I hit seats and everything. So not my first time.

“I didn’t catch that one either.”

Source link

Dodgers fall to Arizona on walk-off homer as losing skid hits 7

Dodgers closer Edwin Díaz trudged toward the dugout as Arizona’s Ryan Waldschmidt celebrated with teammates after hitting a two-run, walk-off home run to seal a 4-3 win that sent the Dodgers to a season-worst seventh straight loss.

“We’ve just got to play better,” manager Dave Roberts said before the game. “I don’t think that the standings — obviously, they are important, they matter. But I just feel like with the talent that we have, we just got to play good baseball, and it’ll take care of itself. It always does.”

The Dodgers’ recent skid dropped their National League West lead into single digits for the first time in over a month. They are now only 7½ games ahead of the second-place Diamondbacks in the division.

They also now have the fourth-best record in the majors (69-47), falling behind the Brewers (72-44) and Braves (70-46) and Rays (69-46).

“A week ago, it looked a lot different,” Roberts said. “And another week from now, it could look even more different. So you’ve just got to put your head down and play baseball.”

They did, at least, have a better record than last season (67-49) at the 116-game mark. But the Dodgers would prefer to, unlike last year, at least earn a first-round bye, and ideally home-field advantage throughout the playoffs.

Their performance Friday sent them in the wrong direction.

The Dodgers went hitless against Diamondbacks starting pitcher Merrill Kelly for the first five innings. Kyle Tucker and Shohei Ohtani both drew walks, as the Dodgers’ only baserunners before the sixth — and Ohtani was thrown out attempting to steal second to end the third inning.

Finally, leading off the sixth, Tommy Edman — who three innings prior was robbed of a home run on a leaping grab by Diamondbacks right fielder Corbin Carroll — broke up Kelly’s no-hit bid with a sharp infield hit.

Kelly picked off Edman at first base, but Hunter Feduccia followed with a single of his own, the catcher’s first hit since rejoining the Dodgers at the trade deadline.

Ohtani and Andy Pages both drew walks to load the bases. And the Dodgers finally scored on a groundball fielder’s choice from Freddie Freeman. That single run was all they got out of the inning.

Dodgers starting pitcher Roki Sasaki held the Diamondbacks to two runs in six innings. He surrendered a solo homer to Arizona third baseman Nolan Arenado in the second and an RBI triple to Geraldo Perdomo in the fifth. But he only gave up two other hits.

With both starters out by the seventh (Kelly exited with two outs in the sixth because of cramping in his right leg), the Dodgers orchestrated a comeback and then gave it up.

Edman drove in the tying run, too, lining a single to left for the Dodgers’ third hit of the inning off Diamondbacks right-hander Taylor Clarke in the seventh. But the Dodgers failed to turn a bases-loaded situation into a crooked number when Ohtani grounded into a double play to end the inning.

The next inning, Pages gave the Dodgers the lead with a solo homer off Diamondbacks lefty Brandyn Garcia.

The Diamondbacks threatened against Dodgers setup man Tanner Scott. But he escaped a bases-loaded jam in the eighth by winning a 12-pitch at-bat against Arenado for the inning-ending strikeout.

Bubic joins the team

Trade-deadline acquisition Kris Bubic, who is rehabbing at the Dodgers’ Arizona complex, is taking advantage of the opportunity to be around the team this weekend at Chase Field.

“It’s been a whirlwind the last couple days,” Bubic said. “Obviously I had been with Kansas City the whole time since I was drafted. I’ve been there my whole big-league career. I’d been on the shelf for a little bit now, but to hear I was getting traded over here was pretty exciting.

“Obviously the roster speaks for itself. The success speaks for itself. The opportunity to be a part of this, to learn from these guys, all the coaches on the staff and whatnot, it’s going to be an exciting time. I’m really looking forward to getting started.”

Pitcher Kris Bubic throws during a game between the Kansas City Royals and Seattle Mariners on May 3.

Pitcher Kris Bubic throws during a game between the Kansas City Royals and Seattle Mariners on May 3.

(Lindsey Wasson / Associated Press)

Bubic initially landed on the injured list in mid-May with a low-grade flexor strain in his left forearm, he specified. While working back from that injury, he had setbacks with an impingement in his left shoulder.

Because he has an injury history with both his elbow (2023 Tommy John surgery) and shoulder (2025 rotator cuff strain), the Royals didn’t rush him back. Bubic said he had a cortisone injection on July 1 and then threw off a mound on Sunday.

“I’m kind of itching to get back going,” he said. “But I know talking with the staff here they’ve got a pretty good plan. I’m expected to come out of the ‘pen in some capacity. At this point, I’m looking forward to getting back on the field and helping this team down the stretch.”

Bubic said the Dodgers have already presented him with a couple mechanical tweaks. He hopes to begin a minor-league rehab assignment around the end of the month or beginning of September.

Homestand plan

The Dodgers plan to pitch two-time Cy Young winners in back-to-back games against the Royals when they return to Los Angeles next week.

On Monday, Tarik Skubal is scheduled to make his first home start at Dodger Stadium, and second with the Dodgers since being acquired in a trade with the Detroit Tigers. On Wednesday, Blake Snell is set to return from the IL for his second start of the season, his first since May.

Source link

Hiring increases in June, job openings fall

Aug. 4 (UPI) — The U.S. labor market saw an increase in the number of hires in June despite a drop in the number of job openings, the Bureau of Labor Statistics said Tuesday.

Some of the highest decreases were seen in the number of jobs in education and health services, which lost some 133,000 jobs, or 8% since May.

But overall, hiring increased in June by 96,000, according to the most recently available data from the Job Openings and Labor Turnover Survey.

“Put together, the labor market is finding steadier footing,” Nicole Bachaud, a labor economist at ZipRecruiter, told CNN.

Experts had expected the number of available jobs to drop in June, CNN reported.

“Hires ticking up even as postings slow is the kind of detail that keeps this from reading as a market losing steam,” Bachaud added to the outlet. “Whether that holds through the summer will depend a lot on whether prices and consumer spending stabilize or keeps sliding.”

But Dan North, a senior economist with Allianz Trade, said the numbers are not strong enough to suggest a dramatic shift in the jobs market.

“The wheels are not coming off the bus — there’s certainly not negative job growth at the moment,” North told CNN.

“It’s stable, somewhat solid, but there are signs of decay and shakiness underneath,” he added.

Source link

Oil prices fall on hopes Strait of Hormuz could reopen

Oil prices fell to a three-week low on Tuesday as senior US officials raised hopes of a deal with Iran to reopen the key Strait of Hormuz waterway.

US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to potentially resume as soon as this week.

The cost of a barrel of brent crude, the global benchmark for oil prices, fell by almost 5% to under $80 on the news of supply disruptions potentially being eased.

But the failure of previous negotiations in recent months to de-escalate the conflict between the US and Iran has led to a volatile oil market, with drivers ultimately being hit by higher fuel prices at the pumps.

On Tuesday, along with the drop in Brent crude, US West Texas Intermediate prices were down more than 5%, to $76 a barrel. Both contracts dropped to their lowest levels since 13 July.

US Secretary of State Marco Rubio said there had been progress made in discussions on getting more ships through the Strait with Iran and Oman.

“There’s been progress made in those talks, but not finality yet. We’re hoping that will happen very shortly,” he told reporters at the State Department.

Bessent said a deal to reopen the Strait of Hormuz could be agreed as soon as Tuesday or Wednesday.

There was a “chance we may have a deal today or tomorrow to open the strait and move towards a more normalized position in this conflict,” he told CNBC.

“It would be freedom of movement,” he added, when asked whether Iran would be allowed to charge for ships passing through.

While senior figures in the US government have announced talks have been progressing, no details of what a potential deal may look like have been released.

The Strait of Hormuz has been a central point in negotiations between the US and Iran. Before the conflict began in late February, the waterway handled about one-fifth of global daily oil and liquefied natural gas supplies.

The disruption has sent prices at the pumps up across the world. In the UK petrol prices are now at levels seen at the start of the conflict, with the average cost of a litre of petrol hitting £1.60, according to the RAC motoring group.

In the US, gasoline prices are on average above $4 a gallon, according to the AAA. Diesel is almost $5.40 a gallon.

Qatar, which is one of the key mediators between Washington and Tehran, said it was continuing efforts with other mediators to try to achieve a diplomatic resolution to the war, but admitted no direct talks were currently planned.

On Monday, President Donald Trump warned Iran faced its “last chance” to agree a deal to allow commercial shipping to resume in the Strait.

He said he had called off “massive” strikes on the country for talks to resume.

But Iran has said it was not negotiating with the US – and had no plans to do so – and is instead talking to Oman.

US stock markets were trading higher on Tuesday following news of the negotiations lowering oil prices and also in response to corporate results related to Artificial Intelligence.

Investors have experienced jitters on Wall Street as results from Big Tech firms indicate spending on the technology is set to continue to soar.

Source link

New receivers give Lincoln Riley hope as USC opens fall camp

At the start of his fifth fall camp at USC, Lincoln Riley found himself enamored with all that felt new around him. Namely the state-of-the-art, $200-million facility towering over one end of the Trojans’ practice field, with all the luxuries any football coach could ask for.

“This building is magical,” Riley said. “It’s hard to explain how different, how fantastic it is.”

On the field, in front of that gleaming facility, the Trojans also were breaking in something entirely new on Saturday: their receiving corps.

USC opened training camp this week without the services of its top returning wideout, Tanook Hines, after the sophomore underwent an offseason surgical procedure that has yet to revealed. Riley said the injury affecting Hines, who missed the spring, isn’t “overly serious” and that he’s expected back for the start of the season. But his absence leaves the Trojans with a totally new and unproven group to catch passes; many of them are getting their first experience of college football, and of quarterback Jayden Maiava.

“A lot of new bodies. Fortunately he had spring and all summer with all these guys to start developing that chemistry and that confidence,” Riley said of Maiava. “But that’s going to be something we have to work at every single day.”

Among those new players is a host of top receiver recruits expected to contribute right away. Partly, out of necessity.

Freshmen wideouts Trent Mosley and Kayden Dixon-Wyatt already made a strong impression and should immediately step into roles on offense. Tron Baker is another who presumably could carve out a place. And joining them this week at practice, after just enrolling this summer, is a freshman wideout who some believe will be the best of the bunch, top-60 recruit Boobie Feaster.

It may take Feaster time to get up to speed. Hines stepped into a similar position last season, having just arrived on campus for the summer. He proceeded to start eight games anyway.

But Hines was 19 years old by the start of his freshman season. Feaster just turned 17 in late May — and presumably would be one of the youngest players ever to suit up for USC.

Receiver isn’t the only position at which the Trojans are trending young. USC should get key contributions out of freshmen at tight end (five-star Mark Bowman), on the defensive line (five-star Luke Wafle), in the secondary and, at some point, on the offensive line.

That sort of impact should be expected after bringing in a 35-player class that ranked No. 1 in the nation. It also helps, Riley said, that so much of that class has been enrolled for seven months.

“Having as many midyears made a massive difference; I mean, there’s no question about it,” Riley said. “You can feel some of the confidence level.

“And so the less that we can have new as we go on, the more these guys settle in off the field, the better they play.”

That’s the primary goal over the next four weeks of fall camp. One that Riley already has spent plenty of time focused on, while breaking in the Bloom Football Performance Center

“These first few days in here have honestly been a little bit of a dream,” Riley said. “It’s honestly been hard to get players to go home. I haven’t left this place in five days. I haven’t left the compound.”

Source link

Justin Wrobleski has a bad night as Dodgers fall to the Mariners

Dominic Canzone’s go-ahead home run in the eighth spoiled a Tuesday night of leaderboard climbing for Max Muncy and Shohei Ohtani as the Mariners beat the Dodgers 7-6 in the first game at Dodger Stadium since before the All-Star break on July 12.

With one out, Julio Rodríguez on first and the score tied at five, Canzone got all of Alex Vesia’s 82-mph slider, sending it 414 feet to center to help lift Seattle to its first win over the Dodgers in five years and first in Los Angeles since June 28, 2009.

“I mean it’s a pitch that’s had different results,” Vesia said. “Obviously it’s not the best pitch. I would have liked to have it more outside or more down. Kind of just flush it and on to the next one. Clearly need to be better in that situation. I felt like my stuff was good after that.”

Added manager Dave Roberts: “Alex made a really bad pitch, [an] 0-1 slider that was middle-middle, and they were hitting the ball out of the ballpark. So, that’s kind of the tale of the run prevention tonight.”

The Dodgers (67-40), with some much-needed help from dubious Mariners fielding, did have Ohtani on third and Muncy on second as the tying and game-winning runs in the ninth. But Seattle reliever Andrés Muñoz survived, putting an end to the thrilling opener of this three-game series.

Seattle won the offensive slugfest with 10 hits and five home runs to the home team’s 13 hits and two homers.

Canzone led the Mariners with two homers — his first, a solo shot, went 433 feet to center in the sixth — while Rodríguez, Cal Raleigh and Rob Refsnyder all hit one apiece.

Mariners right-handed starter Luis Castillo struggled and surrendered five runs, 11 hits and a pair of homers through five innings. But Dodgers lefty Justin Wrobleski, coming off six innings of one-run ball in last Tuesday’s win in Philadelphia, wasn’t his best either. He surrendered five runs and four homers through six innings.

“They obviously had a good approach against me,” Wrobleski said. “We didn’t do the greatest job of kind of adjusting to their game plan. And yeah, they got me. That’s part of the game. … It’s definitely not a thing that I want to have happen again, but again, it’s a learning experience.”

“Going back and looking at it, I still threw the ball pretty well,” Wrobleski added. “I mean, I know that sounds crazy considering the number and the line … but at the end of the day … I didn’t do a great job of adjusting.”

Muncy and Ohtani, though, still had nights to remember.

Ohtani kick-started the scoring with his 10th leadoff homer of the season, which was also the 34th of his nine-year MLB career and 28th with the Dodgers. The 432-footer to center tied the two-way superstar with Davey Lopes for the second-most leadoff homers in franchise history. Mookie Betts is first on the list with 32.

“Tonight, he looked like himself,” Roberts said of Ohtani, who remains off the mound. “I do think that the road trip was exhausting for everyone. I do think that with the day off, he came in fresh and looked more like himself.”

Muncy, meanwhile, launched a home run 430 feet to right in the fifth to tie Eric Karros for the most homers in Dodger Stadium history with 130. Muncy, who has spent the past nine years with L.A. after spending his first two seasons in Oakland, could be standing alone by the end of the Dodgers’ current six-game homestand.

Injury updates

Kiké Hernández was activated Tuesday after being out since May 26 with a grade 3 oblique strain. Alex Freeland was optioned to triple-A Oklahoma City in a corresponding move.

“All you can do is take it one day at a time,” Hernández said. “And the best way that you can take things one day at a time is focusing on what you can do today to get better. And that’s what I did … literally going one day at a time and trying to be the best rehabber I could … the best teammate that I could. … It’s been a really long time. … So, I feel pretty good, and happy to see what I can do out on the field.”

Hernández had already made his season debut late — on May 25 — because of his recovery from offseason elbow surgery. Now, the 34-year-old utilityman is grateful to be back and eager to build on his four-for-four start over two games.

“A lot of nervousness,” Hernández said about playing again, mentioning that he had a panic attack when first learning of his worse-than-expected diagnosis. “I feel pretty good. … I feel like everything is in a pretty good spot right now. Trying to keep my 1.000 batting average going and be the best hitter in the league.

“[I’m] just happy to be back with the boys.”

Edwin Díaz will be the next to return.

The right-handed closer is scheduled to be activated Wednesday — fittingly, when 40,000 fans will receive an Díaz bobblehead — after missing three months because of right elbow surgery.

“He’s checked all his boxes,” Roberts said. “So getting him back in the mix is going to be fun for all of us as well.”

Meanwhile, Will Smith is starting baseball activities “pain-free” after sitting on the injured list since June 5 with a neck injury, Roberts added, and Tyler Glasnow will throw a live session Wednesday after being out since May with a back problem.

Ohtani’s status as a pitcher, however, remains murky. Roberts mentioned an undesirable ramp-up period being in play for Ohtani, as it has been over a month since he last pitched due to irritation in his left knee.

Ohtani himself clarified the origins of his knee problem and shared an estimate of where it’s at strength-wise.

“The discomfort was caused initially by the pitching,” Ohtani said. “So, it’s something I have to work around. In terms of running, I’m not exactly at 100% capacity. When I know it’s not, then it’s always a little harder to be aggressive on the basepath.”

Ohtani and Roberts both said that the Dodgers haven’t reached a point of considering shutting down No. 17 as a pitcher — but never say never.

“Everything that I’ve heard, that’s not the option,” Roberts said. “I guess anything’s possible, but for me, it’s highly unlikely.”

Added Ohtani: “The knee is where it is in terms of, for it to heal is the most important priority. I don’t think the team has really come to a place exactly where, do I pitch through it or not. That’s still really up in the air.”

But that’s not all. Ohtani shared that his biceps is bothering him, too.

“My biceps not 100%,” Ohtani added. “Just [a] similar issue with the knee. Do we consider pushing this? It is still July. So, I think the conversation would be a little different if we’re in August or September.”

“We are getting closer to that,” Roberts said. “You know, he’s a starting pitcher, and then, when you start missing three, four, five weeks of that build-up, then you’ve got to kind of start up again.”

Source link

Commonwealth Games 2026: England’s Gabriel Langton feared for gymnastics future after horror fall

“A little bit sore and a little bit stiff but that is to be expected,” Langton said of his condition.

“I can’t really complain too much.”

The teenager did not receive his medal until he returned to the team hotel on Saturday evening, with the other members of the team gathering to applaud him.

Whitehouse said the team wanted to do that in order to replace videos of his fall, which were circulating widely on social media over the weekend, with something more positive.

“That was incredible,” Langton said of the moment.

“Seeing all of the team-mates, coaches and getting my medal. I saw my personal coach from Birmingham. It was so nice.”

These things are, of course, relative, but Whitehouse’s Sunday was a disappointing one. He came seventh in an all-round final won by Scotland’s Reuben Ward.

His response on Monday was almost immaculate.

Malaysia’s Muhammad Sharul Aimy, Australia’s James Hardy and Ward all made mistakes in the early rounds of the competition, giving Whitehouse – the fifth gymnast to enter – an opportunity.

He barely faltered, scoring 14.566 to take gold – a score that was not bettered by the remaining three competitors.

“The last few days have been about regrouping after everything that’s happened and then coming out and delivering a good performance,” he said.

There was a similar story later in the women’s vault when England’s Abigail Martin, who finished 11th in the women’s all-round final, took silver behind Canada’s Lia-Monica Fontaine.

“Yesterday didn’t really go to plan the way I wanted it to, but I’m really pleased that I managed to pick myself back up today,” Martin said.

“For me, I just had a little cry about it, but then I thought about all the things that had gone well.”

Whitehouse and Martin will be back on Tuesday in the vault and floor respectively. Langton will again be in the stands.

He plans to “take it easy for a couple of days and do the rehab” before returning to training in the near future.

“I trust in my gymnastics capability,” Langton said.

“It was really just a freak accident.”

Source link

Angels fall behind by nine runs in blowout to Giants

Rafael Devers and Jung Hoo Lee hit three-run homers, Robbie Ray pitched six shutout innings and the San Francisco Giants beat the Angels 9-2 on Saturday.

Devers and Casey Schmitt opened the scoring with RBI singles in the third before Lee lined a sweeper 365 feet into the right-field stands to extend the Giants’ lead to 5-0.

Luis Arraez added a one-run single in the fourth, and Devers extended the lead to 9-0 with his team-leading 22nd homer of the season. The homer was Devers’ third since the All-Star break and second in as many days.

Ray (9-6) struck out five and gave up six hits on just 80 pitches before being lifted. Over his last seven games, the 34-year-old left-hander has thrown 43⅓ innings with a 1.04 ERA and a 4-0 record.

Ryan Johnson (2-5) gave up eight runs on eight hits in 3⅓ innings for the Angels. Catcher Tyler Heineman pitched a hitless inning of relief.

Mike Trout drove in Los Angeles’ first run with a bases-loaded, RBI double play in the seventh. Trout, Zach Neto and Jo Adell were all pulled because of the score. Jose Siri was walked in the ninth inning, capping the scoring.

Up next: Angels’ RHP José Soriano (8-6, 3.43 ERA) faces Giants’ LHP Carson Whisenhunt (2-0, 3.38 ERA) in the series finale Sunday.

Source link

Galaxy can’t overcome first-half goals, fall to visiting St. Louis

Lukas MacNaughton and Marcel Hartel scored four minutes apart late in the first half to break open St. Louis City’s 3-1 victory over the Galaxy on Wednesday night.

Simon Becher scored in the second half after Galaxy defender Emiro Garcés was sent off in the 49th minute with his second yellow card, and St. Louis cruised to its third straight win.

St. Louis, which is unbeaten in six straight since early May, also leapfrogged the Galaxy into the Western Conference’s playoff positions with this victory.

Troy Elgersma scored his first MLS goal in the 86th minute for the Galaxy, who have lost two home matches by a combined 6-1 since selling top goal-scorer Gabriel Pec to Brazil’s Cruzeiro for a club-record fee of at least $12 million during the World Cup break. Pec had 43 goals and 28 assists across 101 matches for the Galaxy.

MacNaughton opened the scoring in the 42nd minute when he glided through the box and headed Hartel’s corner in off the Galaxy’s back post.

With Galaxy captain Marco Reus down behind the play after a St. Louis player stepped on his foot in the first minute of stoppage time, Hartel dribbled outside the penalty area and looped in a shot that froze goalkeeper JT Marcinkowski, who made eight saves. The teams exchanged shoves after the goal, with Reus and Garcés receiving yellow cards.

Garcés was sent off shortly after the break for kicking the ball away after a foul.

Becher sneaked behind L.A.’s back line and chipped home on the counter in the 68th minute.

Elgersma, a 22-year-old midfielder who starred at Redlands High, entered his second MLS match as a late substitute and ruined Roman Bürki’s clean sheet.

Harbor Miller started in Pec’s place on LA’s front line for the Galaxy, whose fans chanted “We want better!” in the second half. The Galaxy are awaiting the arrival of Kyōgo Furuhashi after acquiring the Japanese striker from Birmingham City on Tuesday.

João Klauss, the longtime St. Louis forward acquired by the Galaxy in January, has been out since undergoing foot surgery in April.

Source link

Academy Museum feting Mexican American film with new exhibit in fall 2027

Over the weekend, the Academy Museum announced that it will honor Mexican and Mexican American film history in an upcoming exhibition titled “Cinelandia: Celebrating Mexican American Cinema.”

Currently scheduled to open in September 2027 — likely to coincide with the onset of Hispanic Heritage Month — the showcase will span from the silent film era to the present day and examine movies from both sides of the border.

The idea for the exhibition was first discussed back in 2019 and work on it officially began in late 2022, Academy Museum associate curator Sophia Serrano told The Times.

“It grew from a previous research and programming project we did as part of the Getty Foundation’s Pacific Standard Time: Los Angeles x Latin America initiative, before we opened the Academy Museum in 2021,” Serrano said.

The display will focus mostly on Mexican American cinema, but examines those films in conversation with Mexican features and other Spanish-language movies, made both in Hollywood and internationally.

Films included in the exhibit will be Day of the Dead flicks like “The Book of Life” and Disney’s “Coco” — as well as the Spanish-language version of the 1931 horror classic “Dracula,” plus director Luis Valdez’s “La Bamba” and “Zoot Suit.” Three groundbreaking works by Gregory Nava will also be honored: the Oscar-nominated “El Norte,” “My Family/Mi Familia” and the Jennifer Lopez-led biopic “Selena.”

Among the classic Mexican films included are the 1932 film “Santa,” which was the first Mexican narrative sound movie, as well as 1946’s “Enamorada.” Features from Mexico’s Oscar-winning “three amigos” of cinema — Guillermo del Toro, Alfonso Cuarón and Alejandro Iñárritu — will also be highlighted.

Along with curator Serrano, “Cinelandia” is guided by a 12-person advisory panel: cartoonist  Lalo Alcaraz; UC Santa Cruz professor emeritus Rosa-Linda Fregoso; LACMA curator and head of contemporary art Rita Gonzalez; animator-director Jorge R. Gutiérrez; writer-director Cristina Ibarra; Pitzer College professor Jesse Lerner; director-writer Carlos López Estrada; University of Arizona assistant professor Orquidea Morales; director Gregory Nava; UCLA professor Chon Noriega; University of Texas at Austin professor Charles Ramirez Berg; and USC professor Laura Isabel Serna. 

Given that L.A. County’s population is almost 50% Latino, Serrano noted that part of the exhibition’s aim is to connect to the millions of Latinos in the county and show how they’ve been critical in informing the cultural landscape of L.A.

“Mexican American cinema is … a big part of Los Angeles’ history,” Serrano said. “We want this exhibition to connect with the broader Los Angeles community, as well as illuminate the history behind many of the beloved films from Mexican American and Mexican filmmakers. The exhibition is designed to offer something for everyone and bring people of all ages and backgrounds together to celebrate this important cultural heritage.”

As with previous exhibitions centered on minority populations, the Academy Museum won’t be shying away from the uncomfortable truths around Latinos in Hollywood — from the demographic’s stereotypical portrayals in film to its underrepresentation in the industry that continues to this day.

“Many of the films and artists featured in the exhibition draw attention to or push against these challenges in a variety of ways,” Serrano said. “A guiding principle of the exhibition is foregrounding the voices of film artists themselves via interviews, written quotes, and guest curations and collaborations alongside the hundreds of original objects that will go on display, and this aims to tell an earnest and engaging story about this history.”

“We are also aiming to show how vast the contributions of Mexican American artists are, and these histories are often unknown or underrecognized. It’s essential that the exhibition celebrates these moments of impact and influence in a dynamic and educational manner.” 

“Cinelandia” isn’t the museum’s first foray into identity-based exhibitions centered on underrepresented populations. In 2022, the museum opened the “Regeneration: Black Cinema 1898-1971” exhibition which highlighted the work of Black creatives from filmmaking’s early days through the civil rights movement. The showcase — which closed in April 2023 — tackled such themes as the representation of Black people in early cinema (1897-1915), the era of “race films” made by Black filmmakers for Black audiences (1910s-1940s), musical films and stories born of the civil rights movement.

The museum’s ongoing showcase titled “Hollywoodland: Jewish Founders and the Making of a Movie Capital,” explores the stories of the Jewish filmmakers and studio founders who helped cement the L.A. area as the world capital of entertainment.



Source link

The Sports Report: Dodgers fall to the Phillies

Dodgers lose to the Phillies

From Maddie Lee: Emmet Sheehan backpedaled down the mound, watching the ball fly just over the left-field wall.

His start Monday, much like his season, had its ups and downs. But just when it seemed he’d found a groove, he gave up a momentum-swinging solo home run to Philadelphia’s Brandon Marsh in the sixth inning of the Dodgers’ 10-7 loss to the Phillies.

It was Sheehan’s first start since the All-Star break, pushed back because of a rainout Saturday in New York. He gave up six runs in 5⅓ innings, raising concerns again over his inconsistency. While the Dodgers (63-38) weather the loss of Shohei Ohtani from the rotation, they need steadiness from the rest of their starters.

“Certainly, he’s getting a lot of opportunity,” manager Dave Roberts said of Sheehan. “It’s not the consistency that any of us like or want, Emmet included. Until there’s another alternative, we’re going to keep running him out there.”

Continue reading here

Shaikin: Why Dodgers aren’t panicking over their $60-million bet on Kyle Tucker

Dodgers box score

MLB standings

Go beyond the scoreboard

Get the latest on L.A.’s teams in the daily Sports Report newsletter.

Angels win in an interesting way

Vaughn Grissom drove in the tying run with a one-out double in the ninth inning and Jo Adell was hit by a pitch with the bases loaded to give the Angels a 3-2 comeback win over the St. Louis Cardinals on Monday night.

Nolan Schanuel, batting .367 since June 21, sparked the late rally with a one-out single off All-Star closer Riley O’Brien, who is tied for the National League lead with 25 saves.

Jorge Soler was hit by a pitch and Grissom sent a line drive off the right-field wall that eluded a leaping Jordan Walker. Pinch-runner Oswald Peraza scored from second base and pinch-runner Jose Siri reached third.

Continue reading here

Angels box score

MLB standings

Lakers sign Matisse Thybulle

From Broderick Turner: The Lakers have signed forward Matisse Thybulle to a one-year, $3.3-million contract, people familiar with the deal but not authorized to speak publicly told The Times Monday.

Thybulle, who spent last season playing for the Portland Trail Blazers, made the NBA’s all-defensive team twice over his seven-year career. He is a defensive wing player that the Lakers sought to surround Luka Doncic and Austin Reaves.

Thybulle averaged 5.8 points per game last season and shot 43.3% from the field, 39.8% from three-point range, in 30 games.

Continue reading here

World Cup: Team Argentina sullied its reputation

From Kevin Baxter: This summer’s World Cup will be remembered for a lot of things.

It was the first to be played in three countries, the first with 48 teams, and the overall attendance nearly doubled the previous record. Norway’s Erling Haaland and Cape Verde’s Vozinha were captivating while Egypt and Canada both won World Cup games for the first time, advancing to the round of 16.

And Spain, glorious Spain, gave up just one goal in eight games to dethrone the reigning champions and become the first nation in history to own both the men’s and women’s World Cup titles at the same time.

But the tournament will also be remembered for a classless and churlish Argentina, which forever stained itself with a thuggish performance in the game and an ungracious one afterward.

If La Albiceleste had simply kept its composure, it would have secured a place next to Brazil and Germany, the only other countries to reach three finals in four World Cups, as one of the greatest teams of all time. Instead, some of its players turned the postgame handshakes into a brawl, with Argentine midfielder Leandro Paredes drawing a red card for grabbing Spain’s Eric Garcia by the throat and shoving him to the turf.

It was believed to be the only red card ever handed out after a World Cup final, and the ignominy it brought was well-deserved. But the childishness was just beginning. When Spain assembled on the podium to accept the World Cup trophy, which had been Argentina’s moments earlier, the South Americans turned their backs.

More than an hour later Lionel Messi, who has cemented his stature as the greatest player in World Cup history, soiled that status by leading the players out of the locker room and through a back exit to the team bus, avoiding the media many had been so eager to speak with during the team’s unbeaten run to the final.

Continue reading here

Despite some irritating flaws, 2026 World Cup a rousing success for FIFA, U.S. and fans

This day in sports history

1876 — Princeton takes the team championship in the first IC4A (Intercollegiate Association of Amateur Athletes Association) track and field meet.

1957 — Lionel Herbert wins the PGA championship with a 2-1 final round victory over Dow Finsterwald.

1957 — Althea Gibson becomes the first Black player to win a major U.S. tennis tournament.

1963 — Jack Nicklaus wins the PGA championship by two strokes over Dave Ragan to become the fourth golfer to win the three major United States titles.

1968 — Arnold Palmer becomes the first PGA golfer to earn $1 million over his career despite losing by one stroke to Julius Boros in the PGA championship.

1974 — Sandra Haynie edges Carol Mann and Beth Stone by one stroke to win the U.S. Women’s Open championship.

1979 — Spain’s Seve Ballesteros captures the British Open by three strokes over Ben Crenshaw and Jack Nicklaus.

1985 — John Henry, the greatest money winner in horse racing history, is retired. The 10-year-old won 39 races in 83 starts and earned $6,597,947 in total purses.

1985 — Sandy Lyle wins the British Open by one stroke over Payne Stewart.

1989 — Mike Tyson knocks down Carl “The Truth” Williams with a left hook and stops him 93 seconds into the first round of his heavyweight title defense. It is the fifth shortest heavyweight title fight in history.

1996 — Tom Lehman shoots a final-round 73 for a 72-hole total of 13-under 271 to win the British Open, two strokes better than Ernie Els and Mark McCumber.

1996 — Wayne Gretzky signs a two-year deal with the New York Rangers.

2002 — Ernie Els squanders a three-stroke lead but outlasts Thomas Levet of France to win a four-man playoff that produces the first sudden-death finish in the 142-year history of the British Open.

2007 — Bernard Hopkins, in the twilight of his fighting days, ends Winky Wright’s 7 1/2-year unbeaten streak with a unanimous decision in their 170-pound bout in Las Vegas.

2009 — China’s Guo Jingjing easily wins her fifth straight world championship in 3-meter springboard. She captured her first springboard world title in 2001, and hasn’t lost since in the every-other-year competition.

2013 — Phil Mickelson wins his first British Open title with a spectacular finish. He birdies four of the last six holes for a 5-under 66 to match the best round of the tournament.

2013 — Britain’s Chris Froome wins the 100th Tour de France, having dominated rivals over three weeks. He rides into Paris wearing the yellow jersey he took in Stage 8 in the Pyrenees and never relinquished.

Compiled by the Associated Press

This day in baseball history

1921 — The Cleveland Indians and the New York Yankees combined for an AL record 16 doubles in the Indians’ 17-8 victory. Cleveland had nine doubles and New York seven.

1945 — The Detroit Tigers and the Philadelphia Athletics played 24 innings in a 1-1 tie. Les Mueller pitched 19 2-3 innings for the Tigers.

1956 — Brooks Lawrence of the Cincinnati Reds had his 13-game winning streak broken when Roberto Clemente’s three-run homer led the Pittsburgh Pirates to a 4-3 victory.

1970 — San Diego’s Clay Kirby held the New York Mets hitless for eight innings but was lifted for a pinch-hitter by manager Preston Gomez. With the Padres trailing 1-0 with two out in the eighth, Gomez elected to go for the win instead of letting Kirby finish. The Padres lost the no-hitter and the game, 3-0.

1973 — Hank Aaron of Atlanta hit his 700th home run in the third inning of an 8-4 Braves loss to Philadelphia. Aaron connected on a 1-1 fastball off Phillies pitcher Ken Brett.

1975 — Joe Torre of the New York Mets grounded into four double plays in a 6-2 loss to the Houston Astros. Felix Millan had four singles but was wiped out each time by Torre.

2001 — In their highest-scoring game in 58 years, the Dodgers routed Colorado 22-7. The 22 runs were the most scored by the Dodgers since Brooklyn beat Pittsburgh 23-6 on July 10, 1943, at Ebbets Field.

2006 — Alex Rodriguez became the youngest player to reach 450 home runs when he homered in the New York Yankees’ 7-3 loss to Toronto. Rodriguez also got his 2,000th hit.

2007 — Jamie Moyer and David Wells face off. The two combine for 88 years and 307 days of age, making it the second-oldest matchup of starting pitchers in major league history. The only older duel was between Don Sutton and Phil Niekro in June of 1987.

2008 — Detroit’s 19-4 victory at Kansas City marked the third time this season the Tigers scored 19 runs. The Boston Red Sox were the last team to accomplish that feat, scoring 19 or more four times in 1950. Detroit beat Texas 19-6 on April 23 and Minnesota 19-3 on May 24.

2015 — Shin-Soo Choo hit for the cycle, leading the Texas Rangers past the Colorado Rockies 9-0. Choo, who had three RBIs, doubled in the second inning, homered in the fourth and singled in the fifth. He completed the cycle with a triple to center to start the ninth.

2019 — The 2019 Hall of Fame Class is inducted in Cooperstown, NY, with six former players being honored: Harold Baines, Roy Halladay, Edgar Martinez, Mike Mussina, Mariano Rivera and Lee Smith. All are present, save for Halladay, who passed away in a plane crash in 2017 and, who is represented by his wife, Brandy. Rivera, the first player to be elected unanimously to the Hall, gets the honor of speaking last, befitting his status as the greatest closer in history.

2024 — The Hall of Fame inducts its four newest members, constituting the Class of 2024, at its annual ceremony held in Cooperstown, NY. Honored today are 1B Todd Helton, C/1B Joe Mauer, 3B Adrian Beltre and manager Jim Leyland.

Compiled by the Associated Press

Until next time…

That concludes today’s newsletter. If you have any feedback, ideas for improvement or things you’d like to see, email me at houston.mitchell@latimes.com. To get this newsletter in your inbox, click here.

Source link

Scott Thomas reveals secret fall out with brother Ryan who ‘didn’t speak to him for six months’ after row over Scarlett

SCOTT Thomas has revealed a secret row between him and brother Ryan that led to the two not speaking to each other for six months.

Former Love Island star Scott and his actor twin Adam, 37, are the younger brother of ex-Coronation Street actor, Ryan, 42.

Scott Thomas revealed how a row between him and brother Ryan led to the two not speaking to each other for six months Credit: At Home With The Thomas Bro’s
Former Coronation Street actor Ryan pictured alongside his daughter Scarlett Credit: Instagram

All three Thomas siblings joined Sam Thompson on his Staying Relevant podcast, where he asked the trio questions that had been sent in.

They addressed how long they’d gone without speaking to each other after an argument.

Turning to Scott, Ryan said: “You can answer that one, can’t ya?”, while Adam added: “They fell out for a while.”

Scott elaborated: “Me and Ryan didn’t speak for six months. This was back in the day.”

Read more on Scott Thomas

NEXT STEPS

Scott Thomas takes new romance to the next level proving things are serious


DREAM TEAM

Scott Thomas shares loved-up snaps with girlfriend after revealing OCD diagnosis

The revelation came as all three Thomas brothers sat down for an interview Credit: YouTube/Staying Relevant
The brothers joined Sam Thompson on his podcast Staying Relevant Credit: YouTube/Staying Relevant

He further explained how Ryan “used to be really stubborn” regarding arguments.

Continuing, Scott added: “There was one time… he was playing a charity football game.

“I was just meant to come down and mind Scarlett while you were playing the game.

“Bearing in mind, he had other people there, but wanted me there.

“I was so hungover. And I couldn’t get there. So next minute, we didn’t speak for six months.”

Ryan jokingly quipped: “You let the family down.”

Scott said: “He was punishing for me for going on a night out basically and being hungover.

“Bearing in mind, now I never drink, I don’t punish you.”

Source link

Sparks fall to Dallas Wings for fourth consecutive loss

Paige Bueckers had 25 points before leaving the game following a scary collision, Arike Ogunbowale scored six of her 20 down the stretch and the Dallas Wings beat the Sparks 90-82 on Sunday to extend their winning streak to a franchise-record six games.

Bueckers hit a three-pointer that capped a 14-5 spurt and gave the Wings an eight-point lead with 9:12 left in the game.

Jessica Shepard had 11 points, 14 rebounds and six assists for the Wings (17-8) and Azzi Fudd also scored 11.

The Sparks (10-15) have lost four consecutive games, all on the road.

The Sparks’ Nneka Ogwumike was fouled as she ran downcourt and, as she fell to the ground, collided with Bueckers with about 3½ minutes to play and Dallas leading by four. Both players remained down for a couple of minutes. Ogwumike stayed in the game, while Bueckers — who appeared to hit the back of her head on the floor — walked to the locker room and did not return.

Ogunbowale scored six points from there to seal it.

Ogwumike made seven of 12 from the field and finished with 17 points and 10 rebounds. Dearica Hamby added 16 points on eight-of-12 shooting, Cameron Brink scored 10 and Erica Wheeler had 10 assists to go with nine points for L.A.

Dallas beat the Sparks 104-96 in L.A. on June 5.

Up next for the Sparks: host Phoenix on Wednesday.

Source link

Seoul shares fall again, dropping over 6 pct on tech losses amid Middle East tensions

This photo, taken Thursday, shows the trading room of Hana Bank in Seoul as South Korean stocks fell by more than six percent on tech stock losses amid Middle East tensions. Photo by Yonhap

Seoul shares again plummeted Thursday, led by steep losses in technology heavyweights, as escalating tensions in the Middle East weighed on investor sentiment. The Korean won rose against the U.S. dollar.

After opening 4.45 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) extended its losses to close at 6,820.60, down 463.81 points, or 6.37 percent from the previous session, after falling as low as 6,730.87.

The Korea Exchange, the country’s bourse operator, activated a sell-side sidecar on the KOSPI for 20 minutes at around 9:10 a.m. after the benchmark index fell more than 5 percent.

The decline came after the index surged 6.24 percent Wednesday as softer-than-expected U.S. inflation data eased concerns about near-term Federal Reserve interest rate hikes.

Adding to investor jitters, the Bank of Korea (BOK) raised its benchmark interest rate by a quarter percentage point to 2.75 percent earlier in the day, the first increase in 3 1/2 years, to curb inflation amid escalating tensions in the Middle East.

The U.S. launched fresh strikes on Iran, escalating tensions in the Middle East and renewing concerns over potential disruptions to regional energy supplies.

“Profit-taking followed sharp gains in technology stocks a session earlier, while persistent concerns over the semiconductor industry kept the index under pressure,” Kang Jin-hyeok, an analyst at Shinhan Securities Co., said.

Institutional and foreign investors sold a net 2.37 trillion won (US$1.6 billion) and 1.38 trillion won worth of shares, respectively, while retail investors bought a net 3.66 trillion won.

Technology stocks led the decline.

Market bellwether Samsung Electronics plunged 8.77 percent to 255,000 won, while rival chipmaker SK hynix tumbled 11.53 percent to 1,842,000 won.

Top automaker Hyundai Motor fell 2.07 percent to 425,000 won, while steelmaker POSCO Holdings slipped 0.95 percent to 311,500 won.

Among gainers, shipbuilder Hanwha Ocean rose 5.73 percent to 86,700 won, while leading beverage firm Hitejinro gained 2.47 percent to 14,910 won.

The Korean won was quoted at 1,480.4 won against the U.S. dollar at 3:30 p.m., up from 1,484.7 won the previous session.

Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.

Source link