slump

From Jack Harris: At 5:37 p.m. Wednesday night, Michael Buble’s “Feeling Good” blared from the Dodger Stadium speakers.

Shohei Ohtani came strolling to the plate with a bat in his hands.

There was no one in the stands, of course. Nor an opposing pitcher on the mound. The Dodgers, on this workout day after returning from Milwaukee, were still some 22 hours away from resuming their National League Championship Series against the Brewers. For any other player, it would have been a routine affair.

Ohtani, however, is not just any other player.

And among the many things that make him unique, his habit of almost never taking batting practice on the field is one of the small but notable ones.

Which made his decision to do so Wednesday a telling development.

Over the last two weeks, Ohtani has been in a slump. Since the start of the NL Division Series, he is just two-for-25 with a whopping 12 strikeouts. He has been smothered by left-handed pitching. He has made poor swing decisions and failed to slug the ball.

Continue reading here

Hernández: The Dodgers’ latest starting-pitching flex? Make the bullpen a non-factor

Dodgers’ Teoscar Hernández avoids Milwaukee’s allegedly haunted hotel at wife’s insistence

Shaikin: Dodgers starting pitchers proving to be the ultimate opposing crowd silencers

ANGELS

From Steve Henson: Witness testimony began Wednesday with an accusation of negligent supervision in the high stakes trial against the Angels by the family of deceased pitcher Tyler Skaggs.

Tim Mead, an Angels employee of 40 years, was portrayed by the plaintiffs lawyer, Rusty Hardin, during four hours of direct examination as a well-meaning boss who repeatedly ignored company policy by failing to report the improper conduct of Eric Kay, the team communications director who gave Skaggs the fentanyl pills that killed him.

Hardin brought up a litany of instances where Kay likely violated Angels rules that could have resulted in discipline and even termination long before the July 2019 road trip to Texas during which Skaggs died in his hotel room after chopping up and snorting the illicit drugs provided by Kay.

Mead acknowledged that he knew of Kay’s years-long episodes of bizarre behavior, an extramarital affair with an intern, and problems with prescription medication, but that he never reported any of it to human resources.

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MLB POSTSEASON SCHEDULE, RESULTS

All times Pacific

NLCS
Dodgers vs. Milwaukee

Dodgers 2, at Milwaukee 1 (box score)

Dodgers 5, at Milwaukee 1 (box score)

Thursday: at Dodgers, 3 p.m., TBS, truTV, HBO Max, AM 570, KTMZ 1220, ESPN radio

Friday: at Dodgers, 5:30 p.m., TBS, truTV, HBO Max, AM 570, KTMZ 1220, ESPN radio

*-Saturday: at Dodgers, 5 p.m., TBS, truTV, HBO Max, AM 570, KTMZ 1220, ESPN radio

*-Monday: at Milwaukee, 2 p.m., TBS, truTV, HBO Max, AM 570, KTMZ 1220, ESPN radio

*-Tuesday: at Milwaukee, 5 p.m., TBS, truTV, HBO Max, AM 570, KTMZ 1220, ESPN radio

ALCS
Seattle vs. Toronto
Seattle 3, at Toronto 1 (box score)
Seattle 10, at Toronto 3 (box score)
Toronto 13, at Seattle 4 (box score)
Thursday at Seattle, 5:30 p.m., FS1
Friday at Seattle, 3 p.m., FS1
*-Sunday at Toronto, 5 p.m., FS1
*-Monday at Toronto, 5 p.m., Fox/FS1

*-if necessary

LAKERS

From Broderick Turner: Gabe Vincent pulled up for a three-pointer and nailed it. And then Vincent nailed his next three and his next three and his next, giving him four straight made treys.

Vincent was on fire to start the game for the Lakers during their exhibition game against the Dallas Mavericks on Wednesday night at T-Mobile Arena.

Before Vincent could even think about getting off his fifth three-pointer, Mavericks rookie Cooper Flagg smothered him. Vincent stumbled and fell, scrambling to keep control of the ball. He did and passed it to a teammate.

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KINGS

The Kings have reacquired veteran goalie Pheonix Copley to provide depth while Darcy Kuemper is slowed by a lower-body injury.

The Kings acquired the 33-year-old Copley from Tampa Bay in a trade Wednesday for future considerations.

Copley spent the previous three years in the Kings’ organization, including 42 games last season for the AHL’s Ontario Reign. The former Washington netminder started 35 games for the Kings during the 2022-23 season before missing most of the 2023-24 season because of a knee surgery.

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THIS DAY IN SPORTS HISTORY

1897 — Michigan beats Ohio State 34-0 at Ann Arbor, the first meeting between theses storied rivals.

1909 — In his 4th title defense Jack Johnson KOs Stanley Ketchel in the 12th round at Mission St Arena, Colma, California to retain his heavyweight boxing crown.

1932 — After a 0-0 tie earlier in the season, the Green Bay Packers beat the Chicago Bears 2-0.

1946 — Detroit’s Gordie Howe scores a goal and gets into two fights in his first NHL game. The Red Wings tie the Toronto Maple Leafs 3-3.

1964 — Babe Parilli of the Boston Patriots passes for 422 yards and four touchdowns in a 43-43 tie with the Oakland Raiders.

1968 — Americans Tommie Smith and John Carlos give black power salutes during the medal ceremonies of the 200-meter race and are later banned for life from all Olympic competition by the IOC.

1971 — Norm Ullman of the Toronto Maple Leafs records his 1,000th point in a 5-3 loss to the New York Rangers. Ullman gets two assists to become the fourth NHL player to reach the milestone.

1976 — Tony Franklin of Texas A&M kicks two field goals over 60 yards for an NCAA record. The distances are 65 and 64 yards as the Aggies beat Baylor 24-0.

1977 — The Denver Broncos intercept seven passes off Ken Stabler of the Oakland Raiders in a 30-7 victory.

1977 — The Minnesota Vikings beat the Chicago Bears 16-10 in overtime with the only successful fake field goal in NFL overtime.

1987 — Mike Tyson retains his undisputed heavyweight title with a seven-round knockout of Tyrell Biggs in Atlantic City, N.J.

1999 — Fourth-ranked Virginia Tech hangs a record-setting 62-0 loss on No. 16 Syracuse. It’s the worst shutout loss by a ranked team in the history of The Associated Press poll.

1999 — Mount Union beats Otterbein 44-20 for its 48th consecutive victory, surpassing Oklahoma’s 42-year-old all-division mark of 47 in a row.

2004 — 17-year-old Lionel Messi makes his league debut for FC Barcelona in a 1-0 win against cross-town rivals Espanyol.

2004 — Mount Union beats Marietta 57-0 for its 100th consecutive regular-season victory. The Purple Raiders’ last regular-season loss was on Oct. 15, 1994, at home against Baldwin-Wallace.

2011 — Danell Leyva becomes the first American man gymnast to win a gold medal at the World Championships since 2003. Leyva wins the parallel bars title to become the first gold medalist for the U.S. since Paul Hamm claimed the floor exercise and all-around titles in 2003.

2011 — Dan Wheldon, 33, dies in a fiery 15-car wreck at Las Vegas Motor Speedway when his car flew over another on Lap 13 and smashes into the wall just outside turn 2.

2017 — Louisville’s Athletic Assn. officially fires coach Rick Pitino nearly three weeks after the school acknowledged that its men’s basketball program is being investigated as part of a federal corruption probe. The association, which oversees Louisville’s sports programs and is composed of trustees, faculty, students and administrators, vote unanimously to oust the longtime Cardinals coach after a board meeting.

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 [email protected]. To get this newsletter in your inbox, click here.

At 5:37 p.m. Wednesday, Michael Buble’s “Feeling Good” blared from the Dodger Stadium speakers.

Shohei Ohtani came strolling to the plate with a bat in his hands.

There was no one in the stands, of course. Nor an opposing pitcher on the mound. The Dodgers, on this workout day after returning from Milwaukee, were still some 22 hours away from resuming their National League Championship Series against the Brewers. For any other player, it would have been a routine affair.

Ohtani, however, is not just any player.

And among the many things that make him unique, his habit of almost never taking batting practice on the field is one of the small but notable ones.

Which made his decision to do so Wednesday a telling development.

Over the last two weeks, Ohtani has been in a slump. Since the start of the NL Division Series, he is just two-for-25 with a whopping 12 strikeouts. He has been smothered by left-handed pitching. He has made poor swing decisions and failed to slug the ball.

Last week, manager Dave Roberts went so far as to say the Dodgers were “not gonna win the World Series with that sort of performance” from their $700-million slugger.

Thus, out Ohtani came for batting practice on Wednesday in the most visible sign yet of his urgency for a turnaround.

“The other way to say it is that, if I hit, we will win,” Ohtani said in Japanese when asked about Roberts’ World Series quote earlier Wednesday afternoon. “I think he thinks that if I hit, we will win. I’d like to do my best to do that.”

In Roberts’ view, Ohtani has already started improving from his woeful NLDS, when he struck out nine times in 18 trips to the plate against a left-handed-heavy Philadelphia Phillies staff that, as president of baseball operations Andrew Friedman emphatically put it, had “the most impressive execution against a hitter I’ve ever seen.”

In Game 1 of the NLCS against the Brewers, Ohtani was 0-for-two but walked three times; twice intentionally but another on a more disciplined five-pitch at-bat to lead off the game against left-handed opener Aaron Ashby.

The following night, he went only one-for-five with three more strikeouts, giving him 15 this postseason, second-most in the playoffs. But he did have an RBI single, marking his first run driven in since Game 2 of the NLDS. He followed that with a steal, swiping his first bag of the playoffs. And earlier in the game, he scorched a lineout to right at 115.2 mph, the hardest he’d hit a ball since taking Cincinnati Reds pitcher Hunter Greene deep in the team’s postseason opener.

“The first two games in Milwaukee, his at-bats have been fantastic,” Roberts said Wednesday, before heading out to the field and watching Ohtani’s impromptu BP session.

“That’s what I’ve been looking for. That’s what I’m counting on,” he added, while noting the careful approach the Brewers have also taken with the soon-to-be four-time MVP. “You can only take what they give you. So for me, I think he’s in a good spot right now.”

Shohei Ohtani puts the ball in play in the third inning during Game 4 of the NLDS.

(Gina Ferazzi / Los Angeles Times)

Ohtani’s overall numbers, of course, continue to suggest otherwise. His .147 postseason batting average is second-worst on the team, ahead of only Andy Pages. His seven-game drought without an extra-base hit is longer than any he endured in the regular season.

“The first thing I have to do is increase the level of my at-bats,” Ohtani said in Japanese. “Swing at strikes and not swing at balls.”

On Wednesday, Ohtani’s slump also led to questions about his role as a two-way player, and whether his return to pitching this season (and, this October, doing it for the first time in the playoffs) has contributed to his sudden struggles at the plate.

After all, on days Ohtani pitched this season, he hit .222 with four home runs but 21 strikeouts. On the days immediately following an outing, he batted .147 with two home runs and 10 strikeouts.

His current slump began with a hitless, four-strikeout dud in Game 1 of the NLDS, when he also made a six-inning, three-run start on the mound.

And in days since, Roberts has acknowledged some likely correlation between Ohtani’s two roles.

“[His offense] hasn’t been good when he’s pitched,” Roberts said following the NLDS. “We’ve got to think through this and come up with a better game plan.”

Ohtani, on the other hand, pushed back somewhat on that narrative during Wednesday’s workout, in which he also threw a bullpen session in preparation for his next start in Game 4 of the NLCS on Friday.

While it is “more physically strenuous” to handle both roles, he conceded, he countered that “I don’t know if there’s a direct correlation.”

“Physically,” he added, “I don’t feel like there’s a connection.”

Instead, Ohtani on Wednesday went about fixing his swing the way any other normal hitter would. He went out on the field for his rare session of batting practice. Of his 32 swings, he sent 14 over the fence, including one that clanked off the roof of the right-field pavilion.

“Certainly, there’s frustration,” Roberts said of how he’s seen Ohtani handle his uncharacteristic lack of performance.

But, he added, “that’s expected. I don’t mind it. I like the edge.”

“He’s obviously a very, very talented player, and we’re counting on him,” Roberts continued. “He’s just a great competitor. He’s very prepared. And there’s still a lot of baseball left.”

Investors who bought shares of Oklo (OKLO 12.73%) before its stock surged 50% in mid-September were probably thrilled when share prices of the nuclear reactor start-up hit $142 on Sept. 23.

They — along with anyone who jumped in on Sept. 23 — probably weren’t feeling quite so festive at the end of that week. The company’s shares crashed below $111 on Sept. 26. They’ve risen a bit since then, but it’s fair to ask whether the company’s stock price slump is here to stay.

Here’s why investors shouldn’t worry about the recent slump, even if the stock continues to be volatile.

Image source: Getty Images.

It’s a hard-knock life

Startups often experience big swings in share price, and Oklo is one of the “start-uppiest” start-ups you’ll find in the nuclear energy space.

Founded in 2013 by two MIT graduate students, Oklo went public via a merger with one of artificial intelligence (AI) guru Sam Altman’s special purpose acquisition companies (SPACs) in May 2024. It has big plans for a small modular nuclear reactor (SMR), but it hasn’t actually built even a working prototype of one, let alone made money from one. So it’s a very speculative stock, and not a good choice for risk-averse investors.

Given all the question marks surrounding Oklo’s potential as an investment, it’s unsurprising that the stock has seen some big swings in valuation, including the recent dip.

Betting on the tech

In addition to being a start-up operating in a relatively new and untested technology sector, Oklo’s proposed SMR differs from the “standard” SMR design.

Oklo is building a sodium-cooled “fast reactor” SMR, which is a niche type of reactor, even for the SMR space. Full-size fast reactors have been shown to be more efficient than the traditional water-cooled reactors used in most nuclear plants, and Oklo believes that these benefits could carry over to the SMR versions. In theory, they could be powered using spent fuel from existing reactors instead of fresh enriched uranium fuel, which would be an added benefit.

But none of this has yet been borne out under real-world conditions. Until it is, expect more volatility.

Small news, big impact

One reason these factors are likely to cause such wild swings in Oklo’s stock is that there’s not a lot to go on as far as company valuation. It’s too early for traditional valuation metrics like price-to-sales or price-to-earnings ratios. There’s not a lot the company can report about operational progress yet. That means minor news reports and rumors are all investors have to go on in many cases. As speculators pile in and out of the stock based on these tidbits of information, the share price swings wildly.

Take, for example, the news that Oklo held a groundbreaking ceremony for its first-ever Aurora Powerhouse SMR in mid-September. News reports about that groundbreaking caused the stock to abruptly skyrocket. But the groundbreaking was hardly a secret: The company had been saying for months it was expected to occur in the third quarter of 2025 (which it did). It had completed site characterization in May and selected a builder in July. The project is part of a government program with a proposed end date of July 2026. Anyone could have predicted that a groundbreaking was imminent. But news that it happened sent the stock soaring:

Similarly, the drop in share price since the groundbreaking is likely caused by investors taking profits after a massive stock run-up. The important thing to remember is that there seems to be plenty of upside for Oklo’s stock from here, if it can actually deliver on its technology. If you’re a risk-tolerant investor looking for a nuclear energy stock that could soar, it may be a good time to consider buying the dip.

PITTSBURGH — It was not quite a benching. But it served as a reminder nonetheless.

Last year, in many ways, Teoscar Hernández was the heart and soul of the Dodgers. Not their best player. Nor their biggest star. But someone who provided effervescent vibes in the clubhouse, veteran leadership in the dugout and clutch hits in several of the season’s biggest moments at the plate.

“Teo is a guy that we counted on a lot last year,” manager Dave Roberts said. “He’s a guy that I really admire, because he can balance the fun part of baseball but also have that edge.”

This year, however, frustration has doused much of the fun. Struggles have dulled his usual edge.

Between injuries, slumps, defensive miscues and mechanical swing flaws, Hernández has endured one of his worst career seasons. He is batting just .247, his lowest since 2019. He has a .734 OPS, the lowest of his career and just a smidge above league-average. His limited range in right field has led to a flurry of dropped balls and some of the poorest defensive metrics of any big leaguer at the position. And going back to the last week of June, no other Dodger player (not even Michael Conforto) has been worth fewer wins above replacement than Hernández’s negative-0.5 mark, according to Fangraphs.

“For me, not being the same as last year is a little frustrating,” Hernández said. “I don’t want to be like that. I want to be better than last year. But it’s baseball. It’s life. You just have to keep working, keep trusting in yourself and the things that you can do to help the team.”

Last weekend, however, Roberts had a different idea. In the midst of Hernández’s latest cold spell, the outfielder was unexpectedly benched for Sunday’s series finale against the Arizona Diamondbacks.

“He’s an every-day guy,” Roberts said that day. “But I do think that where we’re at, you’ve got to perform, too, to warrant being out there every single day.”

The move wasn’t punitive, with Roberts also accounting for Monday’s off day in hopes “a two-day reset could help” the two-time All-Star.

But still, with the stretch run of the season nearing, the manager was dropping a hint to his star slugger as well.

“I think we’ve lost a little bit of that edge over the last couple months,” Roberts said Tuesday of Hernández, having had “numerous conversations” to communicate the same message with him personally.

“For me, I want to see that edge, that fight, that fire, and I’ll bet on any result. I just want to see that. We’re past the mechanical part of [his struggles with his swing]. Let’s just get into the fight. I’ve seen it. And I believe that’s what’s to come in the next month and beyond.”

This is not the position the Dodgers expected to be in when they re-signed Hernández to a three-year, $66 million contract this offseason — a move Roberts described as a “no-brainer” at the time after pushing for the front office to bring the free-agent back to Los Angeles.

He trusted Hernández’s bat, which mashed 33 home runs and 99 RBIs in his debut Dodgers season in 2024. He appreciated Hernández’s heartbeat, and how he delivered one of the season’s biggest swings in the fifth inning of Game 5 of the World Series.

In bringing Hernández back, the Dodgers hoped that his mere presence would elevate the rest of the roster for this year’s championship defense.

“He knows his value for our ballclub,” Roberts said. “He knows my expectations of him individually.”

Only, to this point, Hernández has struggled to replicate that same intangible magic.

After a blistering start to the season (.315 average, nine home runs, and an MLB-most 34 RBIs through his first 33 games), the outfielder suffered a groin/adductor strain while stretching for a line drive in Miami, landing him on the injured list for two weeks. When he returned, he looked far from 100%, struggling to rediscover his swing or cover much ground in right. Before long, a slump took hold. And as it stretched on through the summer — compounded by foot contusion on a foul ball he suffered in July — frustration began to mount.

“It’s tough when you feel good and then something happens and you have to miss … whatever the amount of games might be,” Hernández said. “It was one of those for me this year. I got injured, then I came back. I fouled it off my foot and then missed games [again].”

He later added: “For me, being hurt is more frustrating than having a bad year. I’d rather be on the field having a bad year, than not being on the field and just fighting back and forth.”

Staying on the field, of course, hasn’t alleviated Hernández’s problems. After the All-Star break, he said his body finally started feeling better. On Tuesday, he proclaimed his groin and foot to be back to full health.

And yet, over his previous eight games, he had batted only three-for-27 leading up to Sunday’s removal from the lineup. Worse than that, he had fallen back into a habit of chasing too much, leading to non-competitive at-bats at a time Roberts had been trying to emphasize the opposite.

“[I want to see] Teo getting back to having that edge,” Roberts reiterated.

In Hernández’s return to the lineup Tuesday, some positive signs finally presented themselves. He fought off a pair of two-strike pitches before lining a second-inning single. He did the same thing in the third inning to drive in a run. Defensively, there was another awkward moment, when Hernández failed to make a sliding catch on a shallow fly ball down the right-field line in the Pittsburgh Pirates’ four-run first inning. But even on that play, Roberts argued postgame, Hernández got a good jump and covered a lot of ground — breaking into the kind of hard-charging sprint that hadn’t always been there earlier this season.

“If I see a good jump getting off the ball, good effort, I’ve got no problem with it,” Roberts said.

Really, that’s all Roberts is hoping for from Hernández moving forward now.

To have the kind of consistent intensity level that has wavered at times this season. To rekindle that balance of having fun and playing with an edge down the stretch run of the season.

“We’re going to see that,” Roberts said. “I have no doubt.”

“You just leave everything on the field,” Hernández echoed. “I’m going to keep working, keep doing my routine, keep doing the stuff that I normally do to get back on track. And hopefully I get the results that I want to help the team.”

Mookie Betts offered a new perspective Tuesday afternoon on his season-long slump, which is that it wasn’t a season-long slump.

In his view, it actually extended back to last season.

“I really haven’t been right since I came back from my hand last year,” Betts said.

Betts fractured his left hand in mid-June last season when he was struck by a 98-mph fastball. He was sidelined for almost two months.

Dodgers shortstop Mookie Betts stares down at his batting gloves after flying out in the ninth inning against the Minnesota Twins at Dodger Stadium on July 22.

(Gina Ferazzi/Los Angeles Times)

“Think about it,” Betts said. “Go and look at it. I haven’t been right since.”

Betts was a MVP candidate when he went down, hitting .304 at the time. He batted .263 after his return, including .185 over the final 17 games of the regular season.

The troubles from last year have carried into this year, in which he’s batting a career-worst .236.

Betts wanted to clarify the point he was trying to make.

“I wasn’t blaming it on my hand or anything,” he said. “I was just saying since coming back, I haven’t done anything. It’s not just this season.”

Betts even went out of his way to downplay the severity of the injury or how it has affected him since.

“It wasn’t like I obliterated my hand,” he said. “It was a fracture.”

Betts pointed to how his grip strength was measured in spring training. The readings showed his grip was stronger than he was the previous year.

Dodgers shortstop Mookie Betts makes a play during a game against the St. Louis Cardinals at Dodger Stadium on Aug. 4.

(Luke Johnson/Los Angeles Times)

“There’s no correlation to anything,” he said. “I wish I could blame it on something, but nah.”

My visit to Dodger Stadium on Tuesday was prompted by what Betts told reporters after a weekend series in Tampa. The remarks in question were made when Betts was hitless in his last four games; the streak extended to a career-high five after another hitless game on Monday against the St. Louis Cardinals.

“I’ve done everything I can possibly do,” Betts told reporters. “It’s up to God at this point.”

In print, at least, he sounded defeated. His quotes, I told him, were depressing.

“I don’t know if you’re watching what’s going on, but it is depressing,” Betts said with a smile.

So he still had a sense of humor.

Which isn’t to say he’s not baffled or frustrated by his lack of production.

“It’s unexplainable,” Betts said. “I don’t know. It sucks. You know how in Space Jam, they take your superpowers away? Kind of what it feels like. I’ve never been there, never done that, so to have that happen, I don’t know how to get out of it.”

Without any specific answers, he’s doubled down on the general philosophy that made him one of baseball’s greatest players.

He’s worked.

“That’s the only thing I can do,” he said. “The only thing I can control is my effort and my attitude.”

When Betts says he’s done everything he could do to recapture his old magic, what he’s really saying is that he’s doing everything he can.

“I hit for three or four hours a day,” he said. “At some point, your body breaks down, but I’d rather break down than not give the effort.”

Betts showed up at Dodger Stadium before 1:30 p.m. on Monday for the series opener against the Cardinals, which started at 7:10. He hit in the batting cages, worked on his defense on the field, and participated in batting practice. He returned to the batting cages at around 4:30 and stayed there until 6:15.

“Just trying to relearn, going to the basics, relearning myself,” he said. “I had to go back and think about what I used to do in the minor leagues, [those] types of things.”

Betts might not have yet figured out the adjustments required from him to break out of his slump, but he’s also not out of ideas. He acknowledged he’s purposely sounded more clueless than he actually is in order to avoid discussing changes he’s trying to implement.

“There’s a bunch of stuff that I’m working on,” he said. “That’s stuff that, no offense to you guys, but you guys wouldn’t understand.”

The former right fielder didn’t think the workload at shortstop was the source of his problems, and he didn’t think his batspeed had declined in the last couple of years, as data from baseball’s tracking system had indicated.

“I haven’t hit the ball solid,” Betts said. “Naturally, you slow down because you try to hit the ball solid.”

While the experiment of deploying Betts as a leadoff hitter ended after only two weeks, manager Dave Roberts said he was committed to batting him near the top of the lineup.

“If that’s not confidence from a manager to a player,” Roberts said, “I don’t know what is.”

Betts rewarded Roberts’ faith on Tuesday in a 12-6 victory over the Cardinals on Tuesday, as he was three for four with a double, a walk and three runs. The three-hit game was his first in almost two months.

Betts refused to read too much into the performance.

“It’s good to get the results, but it’s one game,” he said. “Every time we talk about [a good game], I go 0 for 20 after. So we’ll see about tomorrow.”

He departed the stadium uncertain of what the results would be the next day, but he knew what the process would be. He would continue to work and continue to search for answers.

HOMEWARE giant Wayfair has slashed its UK workforce by more than half in just two years, as it grapples with tumbling sales and a sharp drop in profit.

The US-based furniture retailer, which operates across Britain, cut staff numbers from 847 in 2022 to just 405 by the end of 2024, according to fresh filings with Companies House.

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The dramatic reduction follows a tough period for the business, with UK turnover plunging from £83.4million in 2022 to just £59.4million last year.

Profits also took a hit, with pre-tax earnings slipping from £2.6million to £2.2million over the same period.

Wayfair said it had made a 17 per cent cut to administrative expenses and was now focused on “driving cost efficiency” and “nailing the basics” as it tried to steady the ship.

Despite the ongoing slowdown, bosses remain upbeat about the retailer’s long-term prospects and said the group is working towards maintaining profitability and generating positive free cash flow.

The wider company reported a net revenue of $11.9billion (£8.8billion) globally last year – down $152million (£112million) on the year before.

International sales fell to $1.5billion (£1.1billion), while revenue in its core US market dropped to $10.4billion (£7.7billion).

Wayfair recorded a net loss of $492million (£363million) despite raking in $3.6billion (£2.7billion) in gross profits.

There was some relief in early 2025, as first-quarter results showed a $1billion (£740million) rise in total revenue, thanks to a modest recovery in US sales.

However, international takings continued to fall, dipping by $37million (£27million) to $301million (£223million).

Wayfair isn’t the only retailer feeling the pinch on the high street. Furniture favourite MADE.com collapsed into administration in 2022 after failing to find a buyer, leading to hundreds of job losses.

Habitat also shut down all standalone stores in 2021, moving exclusively online after years of underperformance.

Even major players have been forced to adapt.

Wilko closed its doors for good in 2023 after nearly a century in business, with more than 400 stores shutting and 12,000 staff affected.

Argos has continued to reduce its physical footprint, shutting dozens of standalone shops and moving into parent company Sainsbury’s stores to save costs.

Retail experts say changing consumer habits, rising costs and weaker demand are continuing to batter the home and furniture sector.

Many shoppers have tightened their belts amid soaring bills and higher interest rates, with big-ticket items like sofas and beds often the first to be cut from household budgets.

Wayfair bosses said the company remains “resilient” in the face of economic uncertainty and is pressing ahead with its long-term strategy to streamline operations and stay competitive.

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Published on
29/07/2025 – 16:24 GMT+2

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Novo Nordisk shares fell by over 20% on Tuesday after the firm slashed its full-year guidance, blaming weaker US sales expectations for its obesity drug Wegovy and Ozempic diabetes treatment.

In the wake of the sell-off, the pharma giant said long-time employee Maziar Mike Doustdar would take over as president and CEO, replacing Lars Fruergaard Jørgensen — who unexpectedly stepped down in May.

Doustdar, the first non-Dane to lead the company, will take over on 7 August.

Novo cut its financial guidance for the year on Tuesday, expecting yearly sales to grow by 8% to 14%, compared to a previous forecast of up to 21%. Operating profit is now expected to grow 10% to 16%, compared to a previously predicted upper limit of 24%.

Depressed sales expectations for Wegovy and Ozempic are linked to rival products from drug maker Eli Lilly, as well as other, cheaper dupes of the pharmaceuticals.

“For Wegovy in the US, the sales outlook reflects the persistent use of compounded (drugs), slower-than-expected market expansion and competition,” said Novo.

The firm’s sales rose 18% in constant currencies in the first six months of the year, while operating profit was up 29%.

In 2024, Wegovy’s popularity helped Novo to become Europe’s most valuable listed company, but its value has since plummeted. 

The company previously downgraded its outlook in May due to intensifying competition in the weight-loss drug markets.

Novo is due to report its full second-quarter sales on 6 August.

The day off was unanticipated.

The change to the lineup was even more of a surprise.

In what has become a season-long struggle by Mookie Betts and Dodgers coaches to get the slumping superstar back on track, this weekend brought the most glaring examples of experimentation yet.

First, on Saturday, manager Dave Roberts gave Betts an unexpected off day and providing what he felt was a needed mental reset after sensing Betts — who missed the All-Star Game for the first time in a decade this year — was still off despite his week-long break.

Then, on Sunday, Roberts gave the veteran slugger an unexpected challenge: Bumping him up from the two-hole to the leadoff spot in the batting order in hopes it would trigger something amid a career-worst season at the plate.

“Looking at how things are going, where Mookie is at emotionally, mechanics-wise, all in totality,” Roberts said, “I felt that giving him a different look in the lineup, hitting him at the top, something he’s obviously been accustomed to throughout his career, will put him in a mindset of just [trying] to get on base and just trying to take good at-bats.”

“There’s a lot of internal kind of searching that goes on with the mechanics and things like that,” Roberts added. “But I personally do feel that the external part of it — hitting at the top of the order, having a mindset to get on base — I think will help move this along better.”

It all served as the latest confounding chapter in what has been a trying season for Betts and his once-potent swing, the newest effort by the club to ease the frustration that has weighed on his mind amid a summer-long slump — while waiting for his mechanics to finally get back in sync.

Mookie Betts sits in the dugout in the first inning before batting against the Milwaukee Brewers on Sunday.

(Robert Gauthier / Los Angeles Times)

“This is a process I’ve never been through,” said a dejected Betts, who entered Monday sporting a .240 batting average (ranking 120th out of 158 qualified MLB hitters), .684 OPS (132nd) and 11 home runs (tied for 89th), to go with well-below-league-average marks in underlying metrics like average exit velocity (29th percentile among MLB hitters), hard-hit rate (20th percentile) and bat speed (12th percentile).

“I don’t have any answers,” he continued. “I don’t know how to get through this. I don’t know. I’m working every day. Hopefully it turns.”

The leadoff exercise started with mixed results Sunday. Betts singled in the third inning, one at-bat before new No. 2 man Shohei Ohtani hit a home run. But, in a failed ninth-inning rally that sent the Dodgers to a series sweep against the Milwaukee Brewers, he finished a one-for-five day by lining out sharply to center field, ending the game with Ohtani stuck in the on-deck circle.

Betts will continue to lead off for the foreseeable future, with Roberts committing to keeping him at the top of the order — and Ohtani, the team’s previous leadoff hitter, in the two spot — at least until Max Muncy makes his expected return from a knee injury sometime next month.

“The only way we’ll know, we’ll find out, is once we do that for an extended period of time,” Roberts said. “I do think that there will be some fallout from that kind of external mindset of, ‘Hey, I’m hitting at the top of the order. My job is to get on base, set the table for Shohei and the guys behind him.’ I think that will lead to better performance.”

Until such a turnaround actually materializes, however, the search for answers to Betts’ struggles will go on, with the Dodgers continuing to try to unravel the mystery behind a sudden, unsettling slump no one saw coming.

“I just got to play better,” Betts said. “I got to figure it out.”

Indeed, while his superstar teammates were at All-Star festivities in Atlanta last week, Betts spent the break back home in Nashville, working on his swing at a private training facility.

In one clip that emerged on social media, Betts was seen doing one of the many drills that have helped him maintain offensive excellence over his 12 big-league seasons: Taking hacks with a yellow ball pressed snuggly between his elbows, trying to promote the fluid and connected motion that has eluded him this year.

“With Mookie, a lot of it has to do with how his arms and hands work, and getting his arm structure properly lined up,” hitting coach Robert Van Scoyoc said. “It sets up how the bat slots, and how his body sequences.”

For Betts, a 5-foot-10 talent who has long exceeded expectations as one of the sport’s most undersized sluggers, such mechanical efficiency has always been paramount.

As he noted early this season, when his slump first came into focus in early May, he has never had the same margin for error as some of the sport’s more physically gifted star hitters. He can’t muscle doubles or hit home runs off the end of his bat. He can’t afford to have a bad bat path or disjointed swing sequence and be the same hitter who, just two years ago, batted .307 with 39 home runs.

“I can’t, unfortunately, not have my A-swing that day but still run into something and [have it] go over the fence or whatever,” Betts said back then. “Even when I have my A-swing, if I don’t get it, it’s not gonna be a homer. If I don’t flush that ball in that gap, they’re gonna catch it.”

And this season, much to his chagrin, flushing line drives and cranking big flies has become a frustrating rarity.

Identifying the reason why has led to countless potential theories.

At the start of the year, Betts believed he created bad swing habits while recovering from a March stomach bug that saw him lose 20 pounds and some of his already underwhelming bat speed.

But as he tried reverting to mental cues and mechanical feels that had recalibrated him in the past, nothing seemed to click in the same way they once did.

“The cues and feels that I’ve used my whole life, in Boston and L.A., just don’t work anymore,” he said this weekend. “So I’m just trying to find out who I am now, what works now.”

Some of that, of course, could be attributed to age. Betts will be 33 by the end of this season. He is coming up on 1,500 career games. Inevitably, even players of his caliber eventually start to decline physically.

Roberts, however, framed it more through the lens of evolution. On the one hand, he said of Betts, “I know he’s still in his prime. I know he’s as strong as he’s been in quite some time.” However, the manager added, “his body has changed and will continue to change,” requiring Betts to find new ways to maximize the power the team still believes he possesses.

“That’s the nature of hitting,” Van Scoyoc said. “He has to find something for him that works organically, that gets him lined up again.”

This dynamic is why, to both Betts and the Dodgers, his full-time move to shortstop this season hasn’t been to blame.

Betts has repeatedly pushed back against that narrative, pointing to the MVP-caliber numbers he posted while playing the position during the first half of last year (before a broken hand cost him two months and forced him to return to right field for the Dodgers’ World Series run) and the two-week tear with which he started this season (when he batted .304 with four home runs over his first 15 games).

Mookie Betts and the Dodgers continue to insist his season-long slump at the plate has little to do with his full-time move to shortstop.

(Robert Gauthier/Los Angeles Times)

And though his new defensive role has come with some added challenges — Betts said on his Bleacher Report podcast last month that his daily pregame workload has increased while playing shortstop, to the point “it probably does weigh on you a little bit hitting” — he has also emphasized the confidence he has gained from his defensive improvements; his shortstop play serving as the one thing that has gone right in a season of offensive misery.

“I just can’t see that you go out there and stick him in right field tonight and he’s going to throw out two hits or three hits, or he goes to second base and he’s going to go on a heater,” Roberts echoed earlier this month, before reiterating Sunday that the team has not considered changing Betts’ position. “That’s hard for me to kind of imagine. It’s a fair ask. But I just don’t see that as the case.”

Instead, the focus has remained not only on Betts’ flawed swing mechanics, but the resulting side effects it has had on his approach at the plate.

One stat that jumped out to Roberts recently: In Betts’ last 99 plate appearances, he has walked only one time — a shockingly low number for a hitter with a walk rate of nearly 11% over his career.

To Roberts, it’s a sign that Betts, in his ongoing search to get his swing synced up, is failing to accomplish the even more fundamental task of working good counts and waiting out mistakes.

“If you’re ‘in-between’ on spin versus velocity, and [getting in bad] counts, you’re not as convicted [with your swing],” Roberts said, tying all of Betts’ problems into one self-fulfilling cycle that has only further perpetuated his lack of results. “So my eyes tell me he’s been ‘in-between’ a lot.”

Which is why, in recent weeks, Roberts had started to mull the idea of moving Betts into the leadoff spot.

After all, the manager hypothesized, if Betts can’t find his swing by grinding in the batting cage and analyzing his mechanics — as he did during his off day on Saturday — then maybe reframing his mindset in games can better help him get there.

“It speaks to how much faith I have in him as a ballplayer,” Roberts said. “To, where he’s scuffling, not move him down but ironically move him higher in the order. “I think that kind of support, and the different way that he’ll see the lineup as it’s presented each day, will kind of lead into a different mindset and I think that’ll be a good thing for all of us.”

For now, the Dodgers can only hope.

With Muncy still out, Freddie Freeman having his own recent slump compounded by a ball that hit him in the left wrist on Sunday, and the Dodgers stuck in a current 2-10 spiral that has seen their once-comfortable division lead dwindle leading up to the trade deadline, they need the old Betts more than ever right now.

Thus far, the search for answers has met no end.

“It’s hard,” Betts said, “but I got to figure it out at some point.”

It took just one game coming out of the All-Star break for Dave Roberts to know Mookie Betts still wasn’t right.

A week ago, Roberts was hopeful that Betts — coming off his first missed All-Star Game in a decade — would return from the break refocused and rejuvenated; ready to snap out of a career-worst start to his season and rediscover a swing that has eluded him for much of the campaign.

Instead, in the Dodgers’ second-half opener Friday night, Betts went 0 for 4 with two strikeouts. His batting average dipped to .241 (more than 20 points worse than he has ever posted in a full season) while his OPS fell to .688 (the worst it has been all year). And, as has been the case for most of the summer, his signs of frustration were abundantly clear, with the 32-year-old looking lost at the plate.

Thus, when Roberts set his team’s lineup for Saturday, the manager made a surprise decision to leave Betts out of it, giving his superstar shortstop an unplanned day off after calling Betts on Saturday morning to discuss the state of his game.

“Talking to him, seeing where his head is at, seeing where he’s at mechanically, I just thought tonight was a night where I felt he needed to be down,” Roberts said hours later, ahead of the Dodgers’ game against the Milwaukee Brewers.

“He was more than willing and wanted to be out there. But for me, I wanted to take it out of his hands [so he could] have a day. I’ve talked about this before, just having players watch a baseball game. And I understand we just had four days off at the break. But still showing up at the ballpark, and not participating, watching, that’s a different mindset, psyche than being at home. So for him to come here, show up, not play, know he’s not going to play, I feel good about the work he’s going to put in today. Also, I think, for the mind it will be beneficial.”

Betts did not talk to reporters Saturday, but did go through his normal set of pregame infield drills at shortstop — further confirming that, indeed, his absence from the lineup had nothing to do with any sort of injury-related issue.

While Roberts said his “expectation” is that Betts will be back in action Sunday, he left the door open to giving Betts another day off for the series finale.

“It’s going to be a day-to-day thing,” Roberts said. “It’s going to be my decision on how I feel he is mentally to take on that night’s starter.”

There was no specific moment from Friday’s game that convinced Roberts such a break was warranted. Instead, it was the fact that so little had seemingly changed from where Betts was before the All-Star break, when he reached the midway mark in a three-for-24 slump and batting just .185 over his previous 31 games.

“He’s not used to struggling like this,” Roberts said of Betts, who also has only 11 home runs and a .377 slugging percentage. “There’s a part of it where you feel like you’re letting people down, letting the team down. That weight that is just natural for him to carry is there. That’s a little bit from last night, just seeing him.”

Betts has struggled to identify the cause of his decline — one so stark, he has a below-league-average mark of 95 in the all-encompassing OPS+ metric (effectively meaning he has been 5% less productive than a league average hitter).

In an interview before Friday’s game, he said he has cycled through various “feels” with his swing in hopes of getting his mechanics realigned. Hitting coach Robert Van Scoyoc pointed to inefficiencies in the way Betts “loads” his arms and hands, which he believes have impacted the slugger’s bat path and swing sequence.

“There’s no exact [fix], where you can do this, this and this,” Van Scoyoc said, “because he has to find something for him that works organically that gets him lined up.”

To that end, Roberts’ hope is that Saturday’s day off will help.

That it comes just two days into the second half signals how urgent Betts’ struggles have become.

“He understood,” Roberts said. “He’s a guy that wants to be out there every single day. But I think he understood that it was my decision and I think it’s best for him, I think it’s best for our ball club. He’ll be ready when called upon.”

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Investors reacted to US strikes on Iran over the weekend as Iran and Israel continued to trade missile fire on Monday morning.

The price of Brent crude oil rose around 1.53% to $78.19 a barrel as of around 7.15 CEST, while WTI rose 1.48% to $74.93 a barrel.

On Sunday, US forces attacked three Iranian nuclear and military sites, stating that Tehran must not be allowed to possess a nuclear weapon.

President of Iran Masoud Pezeshkian said that the country “will never surrender to bullying and oppression”, while Iranian foreign minister Abbas Araghchi has arrived in Moscow for talks with Russian president Vladimir Putin.

Futures for the S&P 500 slipped 0.13% to 6,010.25 and Dow Jones Industrial Average futures dropped 0.2% to 42,431.00. Nasdaq futures fell 0.18% to 21,804.50 on Monday morning.

In Asian trading, Tokyo’s Nikkei 225 index fell 0.19% to 38,331.12, the Kospi in Seoul dropped 0.3% to 3.012,88, and Australia’s S&P/ASX 200 declined 0.37% to 8,474.40.

Hong Kong’s Hang Seng and the Shanghai Composite Index were in positive territory, with respective gains of 0.35% to 23,611.68 and 0.13% to 3,364.29.

The conflict, which flared up after an Israeli attack against Iran on 13 June, has sent oil prices higher linked to Iran’s status as a major oil producer.

The nation is also located on the narrow Strait of Hormuz, through which much of the world’s crude oil passes.

Investors are concerned that Tehran might decide to bomb oil infrastructure in neighbouring countries or block tankers from travelling through the Strait of Hormuz.

Shipping company Maersk said on Sunday that it was continuing to operate through the strait, adding: “We will continuously monitor the security risk to our specific vessels in the region and are ready to take operational actions as needed.”

According to vessel tracking data compiled by Bloomberg, two supertankers Coswisdom Lake and South Loyalty U-turned in the Strait of Hormuz on Sunday.

The situation now hinges on whether Tehran decides to opt for aggression or a more diplomatic response to US and Israeli strikes.

Iran could attempt to close the waterway by setting mines across the Strait or striking and seizing vessels. Even so, this would likely be met by a forceful response from the US navy, meaning the oil price spike may not be sustained.

Some analysts also think Iran is unlikely to close down the waterway because the country uses it to transport its own crude, mostly to China, and oil is a major revenue source for the regime.

If Tehran did successfully close the Strait, this would cause a wider price spike for transported goods and complicate the deflationary process in the US, potentially keeping interest rates higher for longer.

On Monday morning, Trump also floated the possibility of regime change in Iran.

“If the current Iranian regime is unable to make Iran great again, why wouldn’t there be regime change?” said the US president on Truth Social.

Vice-president J.D. Vance had commented earlier that the administration did not seek regime change in Iran.