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☆ The housing market just saw its biggest inventory spike in nearly 3 years
▼ + stars: | 2024-02-29 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

New listings for homes for sale climbed 12.9% year-over-year in February, Redfin data shows. Total inventory also improved, as total homes for sale did not decline for the first time in nine months. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Mortgage-purchase applications have dropped for four consecutive weeks, and pending sales dipped 8%, the steepest drop in five months.

Persons: —, Redfin, Brynn Rea Organizations: Service, Mortgage Locations: Redfin, Spokane , Washington

☆ Indie musicians are celebrating UMG's decision to pull its music off TikTok: 'It's our time to shine baby'
▼ + stars: | 2024-02-06 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

In the days since Universal Music Group pulled its music off TikTok, countless videos on the platform have suddenly been muted. And many independent artists are realizing this might be their moment to shine. AdvertisementNow, many indie music artists are jumping on the opportunity to maximize their exposure. As Emily Zeck, an indie country musician with 2.5 million TikTok followers, wrote on a recent video caption, "It's our time to shine baby." The song has over 20 million streams on Spotify and has been reused in 1.1 million TikTok videos.

Persons: Taylor Swift, UMG, Emily Zeck, TikTok, Shane Niemi, Niemi, Ktlyn, Rebecca Rea, Rea, Lilith Max, Houston who's, ", Max Organizations: Universal Music Group, TikTok, Spotify, UMG Locations: San Diego, Dallas Fort Worth, TikTok

☆ As more tankers divert from Suez Canal, there's a 'sea change' in way Europe is buying crude
▼ + stars: | 2024-01-23 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Al HUDAYDAH, YEMEN - JULY 17: Yemen's replacement oil tanker Nautica floats over its arrival to Al Hudaydah port in the Red Sea on July 17, 2023 in Hudaydah, Yemen. (Photo by Mohammed Hamoud/Getty Images)Energy prices for Europe are expected to increase as more petroleum products and crude tankers are diverting away from the Rea Sea and Suez Canal. They would rather go around the Cape of Good Hope versus taking a chance through the Red Sea." LNG vessels travel faster than oil tankers because they are lighter and they can sail up to 21 knots versus the 12-13 knots for crude tankers. Before the Red Sea disruptions, a tanker from Jamnagar, India to Rotterdam, Netherlands would have taken 24 days.

Persons: Al, Mohammed Hamoud, Rea, Viktor Katona, Good Hope, It's, Katona Organizations: United Nations, Europe, U.S, Good Locations: Al HUDAYDAH, YEMEN, Al Hudaydah, Hudaydah, Yemen, Sana'a, Europe, Suez, Brazil, Africa's, Good, Israel, Jamnagar, India, Rotterdam, Netherlands, Basrah, Iraq, Milazzo, Sicily

☆ Antibiotic-resistant germs are killing us. Microscopic viruses may be the answer
▼ + stars: | 2024-01-21 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +14 min

Last year doctors offered to treat Horton’s infection with one of nature’s oldest predators — tiny tripod-looking viruses called phages designed to find, attack and gobble up bacteria. SCIEPRO/Science Photo Library/Getty ImagesThe microscopic creatures have saved the lives of patients dying from superbug infections and are being used in clinical trials as a potential solution to the growing problem of antibiotic resistance. Would the bacteria from her ear help scientists find phages that would treat the eye infections as well? By the following January, the CDC said at least 50 patients in 11 states had developed superbug infections after using preservative‐free artificial tears. It was a qualified success: The antibiotic-resistant bacteria in five patients were eradicated, while several more patients showed improvements.

Persons: Cynthia Horton’s earaches, “, ”, Dwayne Roach, Eager, Horton, Maroya Walters, ” Walters, Tom Patterson, Steffanie, Paul Turner, “ Iraqibacter, Patterson, Strathdee, Tom, ” Strathdee, Tom Patterson's, Rather, Anthony Maresso, ” Maresso, “ It’s, ” Roach, phages, Elizabeth Villa, Jumbo phages, Robert “ Chip ”, ” Schooley, Juliette Robert, Haytham, REA, CDC’s Walters Organizations: CNN, San Diego State University ., US Centers for Disease Control, Center, Therapeutics, UC San Diego School of Medicine, UC, Diego’s, CDC, Yale University, Yale School of Medicine, UC San, UC San Diego, ”, San Diego, Baylor College of Medicine, Eliava Institute Locations: United States, North America, Pennsylvania, IPATH, Iraq, New Haven , Connecticut, UC San Diego, Turner’s Yale, San, San Diego State, Texas, Houston, Russia, Georgia, Tbilisi , Georgia

☆ Air freight volumes soar as Red Sea delays, risks make more big retailers, auto companies nervous
▼ + stars: | 2024-01-19 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

HANGZHOU, CHINA - APRIL 6, 2023 - A Cargo plane of Maersk AIR Cargo is seen at Hangzhou Xiaoshan International Airport in Hangzhou, Zhejiang province, China, April 6, 2023. The current spike in use of air freight is primarily in cargo volumes bound for Europe, as more companies avoid the longer Red Sea diversions around Africa's Cape of Good Hope, according to Xeneta, a leading ocean and air freight rate benchmarking platforms. Air freight tends to be "quieter" in the last week of December and the first week of January, according to Niall van de Wouw, chief air freight officer for Xeneta. "If the Rea Sea crisis continues, you'll have more and more companies getting nervous," van de Wouw said. Xeneta data shows that air cargo volumes on the major apparel route from Vietnam to Europe spiked 62% in the week ending January 14 — 6% higher than 2023's peak week in October.

Persons: Maersk, Good Hope, Niall van de Wouw, van de Wouw, Van de Wouw Organizations: Maersk AIR Cargo, Hangzhou Xiaoshan International, Getty Locations: HANGZHOU, CHINA, Maersk, Hangzhou, Zhejiang province, China, Europe, Africa's, Good, Vietnam

NEW YORK (AP) — Two-way star Shohei Ohtani was among seven players who received $20,325,000 qualifying offers from their former teams Monday as the free agent market opened for 168 players. In a sign of the relative weakness of the free agent class, half as many players received qualifying offers as last year. Qualifying offers began after the 2012 season, and 10 of 124 offers have been accepted. The Braves declined options on outfielder Eddie Rosario ($9 million) and right-handers Collin McHugh ($6 million) and Kirby Yates ($5.75 million). Miami declined options on right-handers Johnny Cueto ($10.5 million) and Matt Barnes ($9 million).

Persons: Shohei Ohtani, Cody Bellinger, Josh Hader, Blake Snell, Aaron Nola, Sonny Gray, Matt Chapman, Eduardo Rodriguez, Jordan Montgomery, Snell, Gray, Yoshinobu Yamamoto, Milwaukee's Colin Rea, Charlie Morton, Eddie Rosario, Collin McHugh, Kirby Yates, Rosario, Yates, Mark Canha’s, Blake Holub, Michael Wacha, Johnny Cueto, Matt Barnes, Cueto, Barnes, Alex Cobb, Brooks Raley, Blake Treinen, Javier Báez, Michael Conforto, Ross Stripling, Josh Bell, Drew Smyly, Báez, Conforto, Bell, Stripling, Adam Ottavino, ___ Organizations: Los Angeles Angels, Chicago Cubs, Qualifying, Braves, Milwaukee Brewers, San, Miami, Mets, Los Angeles Dodgers, Tigers, Giants, Cubs, Detroit, Cleveland, Marlins Locations: San Diego, Philadelphia, Minnesota, Toronto, Nola, Atlanta, Detroit, Blake Holub . Milwaukee, San Francisco, Miami

MILWAUKEE (AP) — Colin Rea will remain with the Milwaukee Brewers after the right-handed pitcher agreed to a one-year deal with a club option for 2025. The Brewers announced the deal Thursday, just after Rea had become a free agent. After making just one major league appearance in 2021 and spending last season in Japan, Rea went 6-6 with a 4.55 ERA in 26 games this year. Rea’s 22 starts ranked fourth on the team, and the Brewers went 14-8 in those games while winning their second NL Central title in three years. Before this season, Rea had made just one MLB appearance.

Persons: — Colin Rea, Rea, ___ Organizations: MILWAUKEE, Milwaukee Brewers, The Brewers, Brewers, NL Central, San Diego Padres, Miami Marlins, Chicago Cubs Locations: Japan

Minnesota prevented outfielder Max Kepler and infielder Jorge Polanco from going free, exercising a $10 million option on Kepler and and $10.5 million option on Polanco. Political Cartoons View All 1233 ImagesPlayers may start negotiating with any team at 5 p.m. EST Monday, also the deadline for teams to make qualifying offers. Players may receive a qualifying offer if they spent the entire season with the team and have not previously received a qualifying offer. The Brewers declined a $7.25 million option on left-hander Andrew Chafin and a $2.5 million option on left-hander Justin Wilson. Washington declined a $3.3 million option on outfielder Victor Robles, who would be eligible for arbitration if tendered a contract.

Persons: Ohtani, Cody Bellinger, Jordan Montgomery, Blake Snell, Aaron Nola, Max Muncy, Joe Jiménez, Colin Rea, Sonny Gray, Josh Hader, Matt Chapman, Jorge Soler, J.D, Max Kepler, Jorge Polanco, Joc Pederson, San, Muncy, Jiménez, Rea, Andrew Chafin, Justin Wilson, Victor Robles, ___ Organizations: Texas Rangers, Polanco, Qualifying, Los Angeles Dodgers, Atlanta, Milwaukee, The Brewers Locations: Martinez . Minnesota, San Francisco, Texas, Wilson . Washington

☆ Australia's tight rental market forces tenants to make tough choices
▼ + stars: | 2023-10-29 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

Reuters GraphicsNEARING THE PEAKMany tenants, particularly in the most expensive city Sydney, have already been priced out of houses. PropTrack data showing house rents nationally were unchanged at A$550 per week, or about A$2,380 ($1,508) per month, in the September quarter. Apartment rents nationally jumped 4% during the quarter, double the June quarter rate of increase, to an average of A$520 per week, making them almost as costly. Prices across Australia's entire rental stock rose 7.6% in the third quarter from a year ago, the largest increase since 2009, according to official data, and similar to gains seen in the U.S. where rental costs have also surged. ($1 = 1.5780 Australian dollars)Reporting by Stella Qiu; Editing by Wayne Cole and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: Lara Weeks, Weeks, Cameron Kusher, Michele Bullock, Christian Postiglione, Tim Beattie, Beattie, Stella Qiu, Wayne Cole, Jamie Freed Organizations: REA, Reuters Graphics, Reserve Bank of Australia, Nationwide, ANZ, Housing, Thomson Locations: SYDNEY, Sydney, U.S, Bondi, Australia, Western Australia, Adelaide

☆ Starboard says Rupert Murdoch's News Corp should break up
▼ + stars: | 2023-10-17 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +3 min

Jeff Smith, CEO and chief investment officer of Starboard Value, L.P., speaks at a panel discussion at the SALT conference in Las Vegas May 14, 2014. Smith's remarks at the 13D Monitor Active Passive Investor Summit came after Reuters revealed last week that Starboard had become a News Corp shareholder, a prelude to a potential shake-up at Murdoch's media empire. "We believe separate news and real estate assets could help unlock $7 billion or more in value," he added. Starboard, which has pushed for changes at companies ranging from Salesforce (CRM.N) to Darden Restaurants <DRI.N,> would struggle to shake up News Corp without Murdoch's consent. If News Corp separates its real estate assets, shareholders would benefit, Smith said.

Persons: Jeff Smith, Rick Wilking, Rupert, Smith's, Smith, REA, Murdoch, Lachlan, Svea Herbst, Bayliss, Sharon Singleton, David Gregorio Our Organizations: SkyBridge, Rupert Murdoch's News Corp, 13D, Investor, Reuters, News Corp, Dow Jones, Street, Darden, Corp, Svea, Thomson Locations: Las Vegas

☆ Starboard Value CEO Jeff Smith on stake in News Corp., push for separation of divisions
▼ + stars: | 2023-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStarboard Value CEO Jeff Smith on stake in News Corp., push for separation of divisionsStarboard Value CEO Jeff Smith joins 'Squawk on the Street' to discuss the Starboard's stake in News Corp., why he believes it makes sense for News Corp. to spin off its Dow Jones news division and its REA real estate division, and more.

Persons: Jeff Smith, REA Organizations: News Corp, Dow Jones

☆ Starboard Value's Jeff Smith unveils his newest ideas, including a push for News Corp spinoff
▼ + stars: | 2023-10-17 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Starboard Value's Jeff Smith on Tuesday presented his newest investment ideas across different industries. "If management can successfully execute on a margin improvement plan, we believe GoDaddy shareholders will be meaningfully rewarded," he said. GoDaddy shares are up only about 1% this year, significantly underperforming the broader market. "If management can successfully execute on a margin improvement plan, we believe GoDaddy shareholders will be meaningfully rewarded," he said. GoDaddy shares are up only about 1% this year, significantly underperforming the broader market.

Persons: Jeff Smith, Smith, Dow Jones, Fortrea, Jeffrey Smith, David Paul Morris Organizations: 13D, News Corp, Dow, Group, Bloomberg, Getty Locations: New York City, Australia

☆ Starboard CEO makes case for spinning off real estate assets from WSJ owner News Corp
▼ + stars: | 2023-10-17 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

– in particular to see its real estate business separated from the rest of the company. Smith said News Corp. should split out its real estate assets, including an interest in REA Group of Australia. On Tuesday, Smith called out the valuation discrepancies between the news and real estate businesses. Meanwhile, News Corp.'s real estate assets trade at eight-times, he said. "It's a great business, a great asset, it's just too cheap," Smith said of News Corp.'s stock price.

Persons: Jeffrey Smith, CNBC's David Faber, Smith, Murdoch, It's, it's Organizations: News Corp, –, REA Group of Australia . News Corp, Dow Jones, Wall Street, New, CNBC, Reuters, Street, Fox Corp, New York Times Locations: New York

☆ Now is the time to 'think long term' when investing, advisor says. This chart helps explain why
▼ + stars: | 2023-10-09 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

The new war between Israel and Palestinian militant group Hamas has brought more uncertainty to the markets. While stocks shook off the conflict in Monday afternoon trading, financial experts say investors should stay the course amid elevated volatility risks. "Stay calm, think long term and look for some bargains," said David Rea, president of Salem Investment Counselors in Winston-Salem, North Carolina, which is No. If markets do drop, investors focused on retirement and other goals would be wise to hold on, research shows. A $10,000 investment in the S&P 500 would have grown to $64,844 between Jan. 1, 2003, and Dec. 30, 2022 — a 9.8% return, according to research from JPMorgan Asset Management.

Persons: David Rea Organizations: Hamas, Salem Investment, CNBC, Finance, JPMorgan Asset Management, & $ Locations: Israel, Palestinian, Salem, Winston, Salem , North Carolina, Russia, Ukraine

The idea behind the Ryder Cup task force that was formed after the 2014 matches was to build some continuity among the U.S. teams. He had been an assistant four times in the Presidents Cup and Ryder Cup. The key is to see whom Furyk, the 2018 Ryder Cup captain and now the Presidents Cup captain for 2024 in Montreal, selects as his assistants for next year. Former PGA champion David Toms was overlooked as a Ryder Cup captain, just like another PGA champion, Larry Nelson, was before him. DIVOTSRickie Fowler is one of four Americans to have been on a losing Ryder Cup team in Europe at least four times.

Persons: GUIDONIA MONTECELIO, Luke Donald, Bernard Gallacher, Tiger Woods, Phil Mickelson, LIV, Woods, Ben Hogan, Johnson, Jordan Spieth, Justin Thomas, John Lindert, Don Rea, Seth Waugh, Steve Stricker, Davis Love, Fred Couples, Jim Furyk, Stewart Cink, Marco Simone, Matt Kuchar, David Duval, David Toms, Larry Nelson, Toms, he's, Max Homa, Brooks Koepka, ” Jordan Spieth, “, ” Spieth, Si Woo Kim, Kim, Yubin Jang, Wooyoung Cho, “ I've, Danny Oh, Rory McIlroy, McIlroy, Jon Rahm, Collin Morikawa, Xander Schauffele, Arthur Blank, Steve Cohen, DIVOTS Rickie Fowler, Danny Willett, ”, LIV Golf, Louis Oosthuizen, Ludvig Aberg, Swede, ’, ___ Organizations: — Team, Bethpage, Bethpage Black, U.S, Ryder, PGA, FedEx, BMW PGA, South Korea, Asian Games, South, Games, Asian, Sports, SoFi Technologies, ESPN, Atlanta Falcons, New York Mets, SoFi, Ryder Cup, Dunhill, Sanderson, Texas Tech, PGA Tour University, Indiana, Italian Golf Federation Locations: Italy, Saudi, Adare Manor, Ireland, U.S, Montreal, Paris, Europe, England, France, Wentworth, South, China, Thailand, South Florida, Los Angeles, Atlanta , New York, Boston, Saudi Arabia, Mississippi

MILWAUKEE (AP) — The Milwaukee Brewers clinched the NL Central title for the third time in six seasons Tuesday night, despite a 4-1 loss to the last-place St. Louis Cardinals and with the help of a come-from-behind win by the Atlanta Braves. Milwaukee clinched its second division crown in three seasons when the Chicago Cubs dropped a 7-6 decision to the Braves. The Brewers had clinched no worse than a wild-card berth on Friday, with a 16-1 win over the Marlins in Miami. The Cardinals took a 2-1 lead in the fourth inning on a double by Richie Palacios. ’UP NEXTThe second of the three-game series pits Brewers LHP Wade Miley (9-4, 3.20 ERA) against Cardinals LHP Zack Thompson (5-7, 4.57 ERA).

Persons: Louis, Miles Mikolas, Mikolas, St . Louis . Milwaukee, Christian Yelich, Carlos Santana, William Contreras, Ryan Helsley, Adrian Houser, Richie Palacios, Brice Turang, Andrew Knizner, José Fermín, Turang, Knizner, Masyn, Sal Frelick, Fermin, Tommy Edman, LHP JoJo Romero, won’t, Oliver Marmol, Trevor Megill, Colin Rea, Brewers LHP Wade Miley, Zack Thompson, ___ Organizations: MILWAUKEE, The Milwaukee Brewers, NL Central, Louis Cardinals, Atlanta Braves, Milwaukee, Chicago Cubs, Braves, Atlanta, Cubs, Brewers, Marlins, Miami, Cardinals, Triple, ’ Locations: Miami, St . Louis, Milwaukee

☆ MLB roundup: Blake Snell, Padres flirt with no-hitter in win
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +12 min

Padres pitchers took a combined no-hitter into the ninth and wound up with a two-hit shutout for the team's sixth straight win. Robert Suarez followed Snell with a perfect eighth before Brendan Rodgers lined a single past Bogaerts at short off Josh Hader (1-3). Bogaerts then snuck a fly ball just inside the left field foul pole off Tyler Kinley (0-3) to win it. Dodgers right-hander Ryan Pepiot entered in the second inning and gave up one run on five hits over six innings. Toronto's Yusei Kikuchi (10-6) allowed one run and four hits in five-plus innings for his first win since Aug. 2.

Persons: Blake Snell, Orlando Ramirez, Xander Bogaerts, Snell, National League Cy Young, Robert Suarez, Brendan Rodgers, Josh Hader, Nolan Jones, Elias Diaz, Bogaerts, Tyler Kinley, Spencer Strider, Ronald Acuna Jr, Bryce Harper's, Acuna, Ronald Acuna Bat, Acuna's, Cristopher Sanchez, Austin Hays, Hays, Hunter Brown, Brown, Kyle Gibson, Gibson, Dansby Swanson, Alexander Canario, Seiya Suzuki, Cody Bellinger, Javier Assad, Ke'Bryan Hayes, Bailey, Adolis Garcia, Jonah Heim, Aroldis Chapman, Josh Jung, John Schreiber, Corey Seager, Heim, Chris Murphy, Luis Castillo, Kelenic, J.P . Crawford, Teoscar Hernandez, Castillo, Zack Gelof, Paul Blackburn, Jake Burger, Tanner Scott, Brandon Nimmo, Trevor Gott, Gott, Nick Fortes, Joey Meneses, Aaron Bummer, Bryan Shaw, Meneses, Jackson Rutledge, Robert Garcia, Max Muncy's, Mookie Betts, Alex Lange, Will Smith, Martinez, Ryan Pepiot, Spencer Torkelson, Parker Meadows, Miguel Cabrera, Basabe, Aaron Loup, Brett Phillips, Rene Pinto, Randy Arozarena slugged, Yandy Diaz, Diaz, Taj Bradley, Logan O'Hoppe, Zach Neto, Nolan Schanuel, Bo Bichette, Cavan Biggio, Toronto's Yusei Kikuchi, cramp, Clarke Schmidt, MJ Melendez, Nick Loftin, Tyler Cropley, Alec Marsh, Steven Cruz, Logan Allen, Kenta Maeda, Spencer Steer's, Willi Castro, Ryan Jeffers, Fernando Cruz, Tyrone Taylor, Louis, Taylor, Colin Rea, Richie Palacios, Alec Burleson, Ketel Marte, Corbin Carroll, Marte, Carroll, Zac Gallen, Joc Pederson, Alex Cobb Organizations: San Diego Padres, Colorado Rockies, USA, Diego, Padres, National League, Braves, Phillies, Philadelphia, Atlanta, Orioles, Astros, Houston, Tampa Bay Rays, American League East, Baltimore, Cubs, Pirates, Chicago, Rangers, Red Sox, Boston, Houston Astros, American League West, The Rangers, Mariners, Seattle, Marlins, Mets, Miami, New York . New York, White Sox, Nationals, Dodgers, Tigers, Los, Los Angeles, Rays, Angels, Blue Jays, Yankees, Cavan, Toronto, Royals, Kansas City, Cleveland, Reds, Cincinnati, Twins, American League Central, Brewers, Cardinals, Milwaukee, National League Central, St, Diamondbacks, Giants, San, Phoenix, Arizona, Thomson Locations: San Diego , California, USA, Petco, San Diego, Atlanta, Baltimore, Texas, Seattle, Pittsburgh, Arlington , Texas, American League West . Texas, Marcus Semien, Oakland, New York . New, Washington, Chicago, Los Angeles, Detroit, Tampa, Los, St . Petersburg, Fla, New York, Seattle and Texas, Kansas, Cleveland . Kansas, Minnesota, Arizona, San Francisco

The Milwaukee Brewers were tied with the Miami Marlins in the fifth inning Thursday when Taylor attempted to score from second on Sal Frelick's single. Although the throw from right fielder Jesús Sánchez beat him to the plate, Taylor avoided catcher Jacob Stallings' tag and slid home with the go-ahead run in the Brewers' 4-2 victory. “I think it's all instinctual,” said Taylor, who also hit two RBI doubles. RHP Johnny Cueto (1-4, 6.15 ERA) pitches for the Marlins and RHP Bryce Elder (12-4, 3.38) starts for the Braves on Friday. The scheduled starting pitchers are LHP Wade Miley (7-4, 3.30) for the Brewers and RHP Jake Irvin (3-5, 4.20) for the Nationals.

Persons: — Tyrone Taylor, Taylor, Sal Frelick's, Jesús Sánchez, Jacob Stallings, ”, “, It's, ” Taylor, Stallings, Craig Counsell, Eury Pérez, Counsell, Pérez, we've, ’ ” Taylor, Andruw Monasterio, Monasterio, Brice Turang’s, Frelick's, ” Pérez, Steven Okert, Turang, Adrian Houser, Houser, Elvis Peguero, Abner Uribe, Joel Payamps, Devin Williams, Williams, Christian Yelich, OF Mark Canha, RHP Colin Rea, Begin, RHP Johnny Cueto, Bryce Elder, LHP Wade Miley, Jake Irvin, ___ Organizations: MILWAUKEE, Milwaukee Brewers, Miami Marlins, Brewers, Milwaukee, Marlins, NL Central, Chicago Cubs, The Marlins, ” Brewers, Christian, OF, Triple, NEXT, NL East, Atlanta Braves, Braves, Friday, Washington Nationals, Nationals Locations: Nashville

☆ Pot firms surge as US move to ease curbs sparks hopes of legalization
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +2 min

Shares of cannabis firms Cronos Group (CRON.TO), OrganiGram Holdings (OGI.TO), Aurora Cannabis (ACB.TO), Canopy Growth (WEED.TO) jumped between 6% and 25%. Verano Holdings (VRNO.CD), Green Thumb Industries (GTII.CD), Cresco Labs (CL.CD) and Curaleaf Holdings (CURA.CD) and Goodness Growth (GDNS.CD) rose between 15% and 37%. "Certainly moving cannabis off of Schedule 1 is the right decision and long overdue. The firm held investments in cannabis retailer and producer Green Thumb, and cannabis data platform Flowhub, according to its website. Reporting by Arunima Kumar in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

Persons: cagey, Ty Collin, Patrick Rea, Green, Arunima Kumar, Sriraj Organizations: Cronos Group, OrganiGram Holdings, Verano Holdings, Green Thumb Industries, Cresco Labs, Curaleaf Holdings, Cannabis ETF, U.S . Department of Health, Human Services, Drug Enforcement Agency, Banking, Poseidon Garden Ventures, Thomson Locations: U.S, Aurora, Bengaluru

Beneath the trimmed flower is a tray collecting shake, cannabis flower that has naturally broken down through handling. Marijuana is currently a Schedule I drug under the Controlled Substances Act, meaning it's deemed to have no currently accepted medical use and a high potential for abuse. The news sent shares of several cannabis companies, including Canopy Growth , Tilray Brands and Cronos Group , jumping Wednesday. "Certainly, moving cannabis off of Schedule 1 is the right decision and long overdue," Rea said in a statement. "Though a full descheduling would be preferred and likely most appropriate for cannabis, we welcome smart decisions and progress towards full legalization and regulation in the legal cannabis industry."

Persons: James Romano, Patrick Rea, Rea Organizations: U.S . Department of Health, Human Services, Drug, Administration, CNBC, Wednesday, Marijuana, Tilray Brands, Cronos, Bloomberg, HHS, DEA, Poseidon Garden Ventures Locations: Medway, U.S

☆ Indian rice shipments of 500,000 tons postponed after new duty- exporters
▼ + stars: | 2023-08-29 | by ( Rajendra Jadhav | ) www.reuters.com time to read: +2 min

India, which is scrambling to rein-in inflation ahead of state elections later this year, on Friday expanded curbs on rice exports with a 20% duty on parboiled rice that would be effective until Oct. 15. Shipments of around 500,000 tons have been put on hold, said B.V. Krishna Rao, president of the Rice Exporters Association (REA). India exported a record 22.2 million tons of rice in 2022, including 7.4 million tons of parboiled rice. Lower-income consumers in Asia and Africa previously preferred 100% broken rice, exporters said, which was available at $325 per ton, but India banned exports of broken rice last year. India, which accounts for 40% of world rice exports, in July ordered a halt to its largest rice export category, non-basmati white rice, which fuelled a rally in global rice prices.

Persons: Rajendra, Himanshu Agarwal, B.V, Krishna Rao, REA, Rao, Tony Munroe, Sharon Singleton Organizations: REUTERS, Rights, Reuters, Satyam Balajee, Rice, Association, Reuters Graphics, Thomson Locations: Kakinada Anchorage, Andhra Pradesh, India, Benin, Ghana, Côte d'Ivoire, Liberia, Thailand, Vietnam, Pakistan, New Delhi, Asia, Africa

☆ MLB roundup: Braves' Max Fried returns, tames Cubs
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +11 min

[1/5] Aug 4, 2023; Chicago, Illinois, USA; Atlanta Braves starting pitcher Max Fried (54) throws the ball against the Chicago Cubs during the first inning at Wrigley Field. Fried (3-1) allowed three hits, struck out eight and didn't walk a batter. Cubs starter Kyle Hendricks (4-6) allowed seven runs, all in the fourth inning, and eight hits over four innings. A two-run home run by Jarren Duran and a solo home run from Yu Chang accounted for Boston's scoring. Toronto starter Alek Manoah (3-8) gave up both homers and pitched 6 2/3 innings, giving up three runs on six hits.

Persons: Max Fried, David Banks, Sean Murphy, Marcell Ozuna, Austin Riley, Ronald Acuna Jr, Kyle Hendricks, Cody Bellinger, Fried, Bellinger, Chris Taylor, Yu Darvish, Robert Suarez, Tom Cosgrove, Eugenio Suarez, Ty France, Dylan Moore, Julio Rodriguez, Cal Raleigh, Luis Rengifo, Mike Moustakas, Mickey Moniak, Davis Schneider, Schneider, Whit Merrifield, Vladimir Guerrero Jr, James Paxton, Daulton Varsho, Matt Chapman, Jarren Duran, Yu Chang, Duran, Alek, Jordan Hicks, Jose Siri, Harold Ramirez, Isaac Paredes, Zack Littell, Reese Olson, James McCann, Jordan Westberg, Westberg's, homestand, McCann, Mike Baumann, Francisco Lindor, Rafael Ortega, Yainer Diaz, Luis Severino, Yordan Alvarez, Hunter Brown, Brown, Kyle Tucker, Alex Bregman, Severino, Jake Bauers, Isiah Kiner, Giancarlo Stanton, Michael A, Taylor, Jorge Polanco, Max Kepler, Christian Vazquez, Caleb Thielbar, Jhoan Duran, Lourdes Gurriel Jr, Jake McCarthy, Scott McGough, Lane Thomas, Thomas, Alexis Diaz, Diaz, Jake Alu, Andres Machado, Kyle Finnegan, Matt McLain, Nick Senzel, Elly De La Cruz, Graham Ashcraft, Dairon Blanco, Blanco, Bobby Witt Jr, Philadelphia's Nick Castellanos, Johan Rojas, Trea Turner, Aaron Nola, Adolis Garcia, Corey Seager, Leody Taveres, Jordan Montgomery, Montgomery, Jon Berti, Josh Bell, Jesus Luzardo, Andres Gimenez, Gimenez, Oscar Gonzalez, Logan Allen, Alfonso Rivas, Rivas, Rich Hill, Ji Man Choi, Henry Davis, Colin Rea, Nolan Jones, Louis, Elias Diaz, Chris Flexen, Jake Bird, Matt Koch, Tyler Kinley, Adam Wainwright, Nolan Gorman, Nolan Arenado Organizations: Atlanta Braves, Chicago Cubs, Wrigley, USA, Braves, Cubs, Chicago, Dodgers, Padres, San Diego, Mariners, Angels, Seattle, Los Angeles, Cal, Jays, Red Sox, Toronto, Boston, Triple, Tigers, Detroit, Rays, Orioles, Mets, The Orioles, American League East, New York, Astros, Yankees, Houston, Diamondbacks, Minnesota, Nationals, Reds, Royals, Phillies, Kansas City, Philadelphia, Rangers, Marlins, Miami, Louis Cardinals, White Sox, Cleveland, Guardians, Pirates, Brewers, Pittsburgh, Milwaukee, San Diego Padres, Pirates . Pittsburgh, Cardinals, Colorado thumped, Rockies, Colorado, Thomson Locations: Chicago , Illinois, USA, Los Angeles, San, Anaheim , Calif, Baltimore, New York, New, Minnesota, Arizona, Minneapolis, Washington, Cincinnati, Texas, Arlington , Texas, Chicago

☆ MLB roundup: Chas McCormick, Astros rally past Rangers
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +7 min

Orioles 3, Phillies 2Colton Cowser hit a go-ahead RBI double in the ninth inning to lift Baltimore to a victory over host Philadelphia. Baltimore starter Dean Kremer gave up three hits and one run in seven innings, while Bryan Baker (4-3) earned the win. Phillies starter Cristopher Sanchez tossed seven innings and allowed four hits and two runs with a career-high eight strikeouts. Guardians left-hander Logan Allen (4-3) gave up seven hits and five runs (four earned) in seven innings. Padres starter Yu Darvish (7-7) gave up seven runs on eight hits (four homers) in 4 1/3 innings.

Persons: Chas McCormick, Erik Williams, Yainer Diaz, Diaz, Kyle Tucker, McCormick, Alex Speas, Tucker, Alex Bregman, Ryan Pressly, Josh Jung, Josh H, Smith, Marcus Semien, Travis Jankowski, Jung, Christian Yelich, Alexis Diaz, Blake Perkins, Jesse Winker, Yelich, Perkins, Elly De La Cruz, Colin Rea, Devin Williams, Carlos Correa, Donovan Solano, Correa, Paul Sewald, Christian Vazquez, Minnesota's Max Kepler, Jorge Lopez, Kolten Wong, Tom Murphy, Crawford, Tarik Skubal, Kerry Carpenter, Zack Short, Skubal, Riley Greene, Spencer Torkelson, Wilmer Flores, Colton Cowser, Jordan Westburg, Ryan Mountcastle, Dean Kremer, Bryan Baker, Kyle Schwarber, Nick Castellanos, Cristopher Sanchez, Nolan Jones, Alan Trejo, Ezequiel Tovar, Randal Grichuk, Jones, Harold Castro, Karl Kauffmann, Patrick Corbin, Salvador Perez, Maikel Garcia, Ryan Yarbrough, Scott Barlow, Logan Allen, Bobby Witt Jr, Kyle Isbel, Amed Rosario, Will Brennan, Myles Straw, Paul Goldschmidt, Lars Nootbaar, Tyler O'Neill, Louis, Phoenix . Goldschmidt, Andrew Chafin, Christian Walker, Emmanuel Rivera, Evan Longoria's, Daulton Varsho, Whit Merrifield, Matt Chapman, Jason Heyward, Varsho's, Carlos Santana, Jack Suwinski, Liover Peguero, Quinn Priester, Seong Kim, Priester, Yu Darvish Organizations: Houston Astros, Texas Rangers, USA, Rangers, Astros, Texas, Brewers, Reds, Milwaukee, Cincinnati, Twins, Mariners, Minnesota, Seattle, Minneapolis, Tigers, Giants, Detroit, San, Orioles, Phillies, Baltimore, Philadelphia, Rockies, Nationals, National League, Royals, Guardians, Kansas City, Cleveland, Cardinals, Diamondbacks, Arizona, Blue Jays, Dodgers, Toronto, Los Angeles, Los, Padres, Pittsburgh, Pirates, Thomson Locations: Houston , Texas, USA, Solano, San Francisco, Baltimore, Philadelphia, Colorado, Washington, Kansas, Phoenix, Los, Toronto, Los Angeles, San Diego

☆ Rice to get costlier as weather, India's farm perks threaten supply
▼ + stars: | 2023-07-06 | by ( Rajendra Jadhav | ) www.reuters.com time to read: +5 min

"As Indian prices moved up because of the new minimum support price, other suppliers also started raising prices." Yet even before the weather phenomenon can disrupt production, the global rice price index of the Food and Agriculture Organization hovers above an 11-year high. The price of Indian rice exports has jumped 9% to a five-year high, following a hike of 7% last month in the price the government pays farmers for new-season common rice. "Rice prices have already been rising due to limited supplies," added Olam's Gupta. Last month Indonesia signed a rare pact with India to import 1 million tons if El Nino disrupts domestic supply.

Persons: El Nino, Krishna Rao, REA, Rice, El, Nitin Gupta, Gupta, Rosa Wang, Narendra Modi's, Modi, Himanshu Agarwal, Rajendra Jadhav, Qin Ningwei, Tony Munroe, Clarence Fernandez Organizations: Rice, Association, Reuters, El, Food and Agriculture Organization, U.S . Department of Agriculture, El Nino, Reuters Graphics, Shanghai JC Intelligence, Narendra Modi's Bharatiya Janata Party, BJP, Satyam Balajee, Vietnam, Thomson Locations: MUMBAI, India, Ukraine, Asia, Bangladesh, China, Indonesia, Thailand, Vietnam, New Delhi, Singapore, Myanmar, Pakistan, Indian, Philippines

☆ Roundup: Guardians overcome Cubs' 9th-inning rally, win in 10
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: +11 min

Chicago then erased a 6-2 hole by scoring four times against Guardians All-Star closer Emmanuel Clase in the ninth. Boston right-hander Garrett Whitlock (right elbow tightness) allowed one run before being removed after the first inning, and Chris Martin (2-1) earned the win with a 1-2-3 eighth. Blake Sabol hit a two-run, pinch-hit homer as part of the Giants' short-lived, three-run rally in the seventh. Matching a season high with seven innings, Singer allowed one run on four hits to collect his first win since June 4. In 3 2/3 innings, Los Angeles starter Tony Gonsolin (4-3) allowed four runs on six hits with three walks and three strikeouts.

Persons: Josh Naylor, Naylor, Adbert Alzolay, Sam Hentges, Aaron Civale, Christopher Morel, Chicago, Emmanuel Clase, Jared Young, Cam Gallagher, Trey Mancini, Cody Bellinger, Alex Verdugo, Jarren Duran, Garrett Whitlock, Chris Martin, Verdugo, Jordan Romano, Brandon, Pete Alonso, Alonso, Tommy Pham, hadn't, Blake Sabol, Luis Matos, Jordan Westburg, Aaron Hicks, Jhoan Duran, Felix Bautista, Sonny Gray, Willi Castro, Cole Irvin, Tyler Stephenson, Nick Martinez, Stephenson, Joey Votto, Andrew Abbott, Seong Kim, Fernando Tatis Jr, William Contreras, Monasterio, Colin Rea, Devin Williams, Nick Gonzales, Josh Palacios, Orlando Arcia, Ozzie Albies, Travis d'Arnaud, Spencer Strider, Sandy Alcantara, Stone Garrett, Jeimer Candelario, Trevor Williams, Nick Castellanos, Realmuto, Bryce Harper, Brandon Marsh, Ranger Suarez, Brady Singer, Nicky Lopez, Singer, Maikel Garcia, Tony Gonsolin, David Peralta, Jordan Montgomery, Louis, Brendan Donovan, Gerrit Cole, Gleyber Torres, Chas McCormick's, McCormick, Josh Sborz, Hector Neris, Aroldis Chapman, Andrew Heaney, Shohei Ohtani, Mickey Moniak's, Zac Gallen, Moniak, Jose Caballero, Eugenio Suarez, Tom Murphy, Andres Munoz, Paul Sewald, Randy Arozarena, Isaac Paredes, Jason Adam, Zach Remillard, Jake Burger, Eloy Jimenez, Tony Kemp, JJ Bleday, Seth Brown, Brent Rooker, Tyler Wade, Javier Baez, Jake Marisnick, Spencer Torkelson, Kerry Carpenter, Jake Rogers, Zach McKinstry, Matt Vierling, Matt Manning, Randal Grichuk, Ryan McMahon, Harold Castro, Kris Bryant, Jurickson, Connor Seabold Organizations: Cleveland Guardians, Chicago Cubs, Chicago, Cleveland, Cubs, Red Sox, Blue Jays, Boston, Toronto, Brandon Belt, Mets, Giants, New, San Francisco, Derby, Philadelphia Phillies, Orioles, Minnesota, The Orioles, Baltimore, Reds, Padres, Cincinnati, San Diego, Brewers, Pirates, Milwaukee, Pittsburgh, Braves, Marlins, Orlando, Atlanta, Miami, The Braves, Nationals, Phillies, Philadelphia, Royals, Dodgers, Kansas City drubbed, The Dodgers, Cardinals, Yankees, New York, Astros, Rangers, Houston, Texas, Diamondbacks, Arizona, Mariners, Rays, Seattle, Tampa Bay, White Sox, Athletics, Oakland, Angels, Tigers, Rockies, Detroit, Colorado, Thomson Locations: New York, San, Baltimore, Minnesota's, Washington, J.T, Kansas, Kansas City drubbed Los Angeles, Angeles, Montgomery, Texas, Arlington , Texas, Los Angeles, Anaheim , Calif, California, Anaheim, Denver

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