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☆ US manufacturing sector eyes recovery; construction spending solid
▼ + stars: | 2023-10-02 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

A separate report from the Commerce Department showed construction spending increased 0.5% in August after rising 0.9% in July, lifted by outlays on single- and multi-family housing. Spending on private construction projects rose 0.5%, with investment in residential construction advancing 0.6% after increasing 1.6% in the prior month. The construction spending report showed outlays on multi-family housing projects rose 0.6% in August. Spending on new single-family construction projects rose 1.7%. Spending on manufacturing construction projects shot up 1.2%.

Persons: Kamil Krzaczynski, Paul Ashworth, outlays, Freddie Mac, Biden, Lucia Mutikani, Andrea Ricci Organizations: REUTERS, Institute for Supply Management, PMI, North America Economist, Capital Economics, Reuters, United Auto Workers, Treasury, Commerce Department, Thomson Locations: Normal , Illinois, U.S, WASHINGTON, Toronto, Panama, China, United States, State

☆ Walmart changes pay and titles for corporate staff- WSJ
▼ + stars: | 2023-09-30 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

REUTERS/Kamil Krzaczynski/File Photo(Reuters) -Walmart corporate staff are getting new titles and pay packages in the coming weeks to manage labor costs and simplify the structure of the company’s workforce, the Wall Street Journal reported on Saturday. Starting in November, many corporate workers at Walmart and Sam’s Club, its warehouse chain, will be reclassified into fewer groups of possible titles and pay. Base pay and total bonus benefits won’t fall for any workers. Around 4%, or 2,000, will receive an eventual reduction in stock-option awards as part of the change, the report added. Earlier this month, Walmart changed the hourly starting wage structure for entry-level store workers.

Persons: Kamil Krzaczynski, Kim Lupo Organizations: REUTERS, Walmart, Wall Street, Sam’s, Base Locations: Chicago , Illinois, U.S

☆ Walmart says is streamlining job titles, changes pay for corporate staff
▼ + stars: | 2023-09-30 | by ( Gursimrankaur Mehar | ) www.reuters.com time to read: +2 min

REUTERS/Kamil Krzaczynski/File Photo(Reuters) -Walmart on Saturday said that it will streamline job titles across its corporate staff, to ensure that it remains competitive. While some staff will receive a new job title, their roles, responsibilities, type of work and base pay will not change, the retailer said. Corporate employees at Walmart and Sam’s Club, its warehouse chain, will be reclassified into fewer groups of possible titles and in some cases, pay changes will go into effect, starting in November. About 4% of the staff will see a decrease in stock-option awards to ensure compensation is aligned across geographies, Walmart said. Staff who will see a reduction in stock options will receive a stock grant to account for the change.

Persons: Kamil Krzaczynski, “, ”, Kim Lupo Organizations: REUTERS, Walmart, Corporate, Sam’s, Staff, Street Locations: Chicago , Illinois, U.S

☆ Walmart changes pay and titles for corporate staff, Wall Street Journal reports
▼ + stars: | 2023-09-30 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Kamil Krzaczynski/File Photo Acquire Licensing RightsCompanies Walmart Inc FollowSept 30 (Reuters) - Walmart (WMT.N) corporate staff are getting new titles and pay packages in the coming weeks to manage labor costs and simplify the structure of the company's workforce, the Wall Street Journal reported on Saturday. Starting in November, many corporate workers at Walmart and Sam's Club, its warehouse chain, will be reclassified into fewer groups of possible titles and pay, the report added. Around 4%, or 2,000, will receive an eventual reduction in stock-option awards as part of the change, the report said. The change is "good compensation hygiene," and ensures Walmart is "appropriately rewarding similar levels of work," Lupo said. Earlier this month, Walmart changed the hourly starting wage structure for entry-level store workers.

Persons: Kamil Krzaczynski, Kim Lupo, Lupo, Gursimran Kaur, Andrea Ricci, Marguerita Choy Organizations: REUTERS, Walmart, Wall Street, Sam's, Base, Workers, Thomson Locations: Chicago , Illinois, U.S, Bengaluru

☆ CNBC Daily Open: Is tech the gift that keeps on giving?
▼ + stars: | 2023-09-27 | by ( Clement Tan | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. "I am not sure if the world is prepared for 7%," he told The Times of India in an interview. Leaders from the Writers Guild of America voted unanimously to end the strike on Wednesday. Under the agreement, AI cannot write or rewrite literary material and AI-generated material will not be considered source material.

Persons: Korea's Kospi, Jamie Dimon, Neel Kashkari, It's, Kamil Dimmich Organizations: CNBC, Nikkei, Dow Jones, JPMorgan Chase, Minneapolis Federal, Fed, Hollywood, Writers Guild of America, Writers, International Monetary Fund Locations: Asia, China, U.S, India, Hong Kong, Guyana, South America, it's

☆ Early runs hold up in D-backs' 3-0 win over White Sox
▼ + stars: | 2023-09-27 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/28] Sep 27, 2023; Chicago, Illinois, USA; Chicago White Sox starting pitcher Luis Patino (77) delivers a pitch against the Arizona Diamondbacks during the first inning at Guaranteed Rate Field. The White Sox must win three of their four remaining games to avoid the franchise's first 100-loss season since 2018 -- currently the club's only such campaign since 1971. Arizona has won 10 straight games against Chicago dating to 2014, the longest streak against an American League opponent in franchise history. After retiring the first seven Arizona hitters, White Sox starter Luis Patino allowed five straight baserunners while uncorking a wild pitch, leading to three Diamondbacks runs. Eloy Jimenez, Andrew Vaughn and Lenyn Sosa doubled for the White Sox.

Persons: Luis Patino, Kamil Krzaczynski, Corbin Carroll, Brandon Pfaadt, Tommy Pham, Ketel Marte, Luis Frias, Andrew Saalfrank, Ryan Thompson, Paul Sewald, Sewald, Eloy Jimenez, Andrew Vaughn, Lenyn Sosa, Trayce Thompson, Jimenez, Sosa, Arizona's Lourdes Gurriel Jr Organizations: Chicago White Sox, Arizona Diamondbacks, League, Chicago, White Sox, Arizona, American League, Diamondbacks, Cubs, Thomson Locations: Chicago , Illinois, USA, . Arizona, Arizona, Chicago

☆ Christian Walker's 6-RBI game powers D-backs past White Sox
▼ + stars: | 2023-09-27 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/48] Sep 26, 2023; Chicago, Illinois, USA; Chicago White Sox vice president and general manager Chris Getz speaks before a baseball game between the Chicago White Sox and Arizona Diamondbacks at Guaranteed Rate Field. Arizona (83-74) opened a one-game lead on the Cubs (82-75) for the second of three National League wild-card spots. The Diamondbacks scored the last 14 runs of the game to stretch their winning streak against the White Sox to nine dating to 2014. The White Sox had Diamondbacks starter Zach Davies in trouble again later in the inning but were unable to deliver after a walk and an Elvis Andrus double put two men in scoring position with two outs. Jimenez delivered an RBI single in the bottom of the second to give the White Sox a 4-1 edge.

Persons: Chris Getz, Kamil Krzaczynski, Christian Walker, Ketel Marte, Eloy Jimenez, Andrew Benintendi, Andrew Vaughn, Zach Davies, Elvis Andrus, Walker, Jose Urena, Jimenez, Marte, Lourdes Gurriel Jr, Geraldo Perdomo, Alek Thomas, Davies, Ryne Nelson, Nelson, Benintendi Organizations: Chicago White Sox, Arizona Diamondbacks, Cubs, National League, Chicago, Atlanta Braves, The Miami Marlins, Arizona, Cincinnati Reds, Diamondbacks, White Sox, The White Sox, Thomson Locations: Chicago , Illinois, USA, . Arizona, Chicago

☆ Forget India: One portfolio manager bucks the trend, says another market offers ‘great value’
▼ + stars: | 2023-09-27 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

India's growth prospects have seen many investors and big-name banks turn bullish on the country, but portfolio manager Kamil Dimmich says he's steering clear. Dimmich, who manages the $1.5 billion Pacific North of South Emerging Market All Cap Equity fund, said he is "always looking for great companies with strong cashflows that are not correctly reflected in the market." 'Great value market' One country he is very bullish on is South Korea, which he calls a "great value market." The portfolio manager acknowledged that his love of the South Korean market is an interesting one. And so that has always led the Korean market to be quite cheap because people didn't have much faith," he said.

Persons: Kamil Dimmich, Dimmich Organizations: South Capital, CNBC, P, South Emerging, Equity, LG, KB Financial, Samsung, South Locations: North, India, Japan, South Korea

☆ This chip stock has a ‘50% margin’ which rivals could struggle to catch up with, portfolio manager says
▼ + stars: | 2023-09-25 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +5 min

Taiwanese semiconductor giant TSMC has a sizeable lead in the chip industry which its competitors will struggle to catch up with, according to Kamil Dimmich, a portfolio manager at North of South Capital. Is Nvidia cheap? "Some of my colleagues think Nvidia is cheap and there's certain scenarios you could put together where Nvidia is cheap. The portfolio manager does not have holdings in Tencent , even as several investors consider it as a stock to watch out for. "If people remain negative on China [and start] selling China, like there's no tomorrow, then maybe [Chinese] stocks will go sideways.

Persons: Kamil Dimmich, Dimmich, They've, they're, TSMC, there's, —, Tencent, it's Organizations: South, Samsung, South Emerging, Equity, Technology, Nvidia, Vipshop Holdings Locations: Taiwan, TSMC, China, Tencent

☆ United Airlines appoints insider Leskinen as finance chief
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

United Airlines first new livery Boeing 737-800 arrives at O'Hare International Airport in Chicago, Illinois, U.S., June 5, 2019. REUTERS/Kamil Krzaczynski Acquire Licensing RightsSept 22 (Reuters) - United Airlines (UAL.O) said on Friday it had promoted company insider Michael Leskinen to chief financial officer, nearly four months after Gerry Laderman announced plans to retire in 2024. Leskinen's appointments comes at a time when United is set to benefit from a boom in high-margin international travel, even though early signs show that domestic travel demand might have peaked. In the second quarter, international passenger revenue accounted for about 41% of the airline's total passenger revenue. Leskinen joined the Chicago-based carrier in 2018 as the managing director for investor relations and most recently served as the president of United Airlines Ventures.

Persons: Kamil Krzaczynski, Michael Leskinen, Gerry Laderman, Leskinen, Laderman, Shivansh, Maju Samuel Organizations: United Airlines, Boeing, International, REUTERS, United Airlines Ventures, Thomson Locations: Chicago , Illinois, U.S, Chicago, Bengaluru

☆ CNBC Pro Talks: TSMC, Alibaba and more? Fund manager reveals his 'great' undervalued stock picks
▼ + stars: | 2023-09-20 | 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 EmailCNBC Pro Talks: TSMC, Alibaba and more? Fund manager reveals his 'great' undervalued stock picksLooking for investment opportunities outside of the U.S.? CNBC’s Tanvir Gill quizzed North of South Capital’s Kamil Dimmich on investing in global stocks such as chip giant TSMC, Chinese tech behemoth Alibaba and South Korea’s Samsung Electronics. These stocks and more are held in Dimmich’s fund, the $1.5 billion Pacific North of South Emerging Markets All Cap Equity fund.

Persons: Tanvir Gill quizzed, Capital’s Kamil Dimmich Organizations: Samsung Electronics, South Emerging, Equity Locations: U.S, South

☆ CNBC Pro Talks: TSMC, Alibaba and more? Fund manager to reveal his 'great' undervalued stock picks
▼ + stars: | 2023-09-19 | by ( ) www.cnbc.com time to read: +2 min

Join CNBC's Tanvir Gill as she quizzes North of South Capital's Kamil Dimmich on investing in global stocks such as chip giant TSMC , Chinese tech behemoth Alibaba and South Korea's Samsung Electronics . These stocks and more are held in Dimmich's fund, the $1.5 billion Pacific North of South Emerging Markets All Cap Equity fund. The Pacific North of South EM All Cap Equity fund aims to outperform its benchmark, the MSCI Emerging Markets Index, by between 3% to 5% annually. Kamil has been at North of South Capital since 2009 and has managed the Pacific North of South EM All Cap Equity fund since 2017. Join CNBC Pro Talks on Wednesday, September 20, at 6:30 a.m. BST / 1:30 p.m. SGT / 1:30 a.m.

Persons: Tanvir Gill, Capital's Kamil Dimmich, Dimmich, Kamil, Berkshire Hathaway, Guy Spier, he's Organizations: Samsung Electronics, South Emerging, Equity, South Capital, CNBC, Nvidia, Big Tech, Apple Locations: U.S, South, North, Treasurys, Berkshire, A.I, China

☆ Royce Lewis' latest slam sends Twins past White Sox
▼ + stars: | 2023-09-16 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/31] Sep 15, 2023; Chicago, Illinois, USA; Chicago White Sox starting pitcher Jesse Scholtens (62) delivers a pitch against the Minnesota Twins during the first inning at Guaranteed Rate Field. Mandatory Credit: Kamil Krzaczynski-USA TODAY Sports Acquire Licensing RightsSeptember 16 - Royce Lewis belted his fourth grand slam of the season and Alex Kirilloff had three hits to lift the visiting Minnesota Twins to a 10-2 victory against the Chicago White Sox on Friday. That drew the White Sox (56-92) within 6-2, as Minnesota had extended its early lead with runs in the third and fourth innings. Pitching for the seventh time in the past 10 games, White Sox reliever Bryan Shaw allowed one hit and struck out two in two innings of scoreless relief. Andrew Vaughn singled twice for the White Sox to stretch his hitting streak to five games.

Persons: Jesse Scholtens, Kamil Krzaczynski, Royce Lewis, Alex Kirilloff, Lewis, Bailey Ober, Ober, Elvis Andrus, Tim Anderson, Matt, Ryan Jeffers, Max Kepler, Carlos Correa, Willi Castro, Wallner, Bryan Shaw, Andrew Vaughn Organizations: Chicago White Sox, Minnesota Twins, American League Central, White Sox, ESPN, Triple, Twins, Minnesota, Chicago, Thomson Locations: Chicago , Illinois, USA, Minnesota, Chicago, White

☆ Twins sock three homers, cruise to win over White Sox
▼ + stars: | 2023-09-15 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/40] Sep 14, 2023; Chicago, Illinois, USA; Chicago White Sox starting pitcher Jose Urena (54) delivers a pitch against the Minnesota Twins during the first inning at Guaranteed Rate Field. The White Sox (56-91) have lost three straight and 10 of 13. A four-run, seventh-inning rally against White Sox starter Jose Urena proved to be the difference for the Twins, expanding the lead to 6-0. The Twins have won five in a row against the White Sox. Eloy Jimenez doubled for the White Sox.

Persons: Jose Urena, Kamil Krzaczynski, Edouard Julien, Royce Lewis, Kyle Farmer, Kenta Maeda, Maeda, Josh Winder, Brent Headrick, Andrew Vaughn, Urena, Matt Wallner, Julien, Lewis, Alex Kirilloff, Eloy Jimenez Organizations: Chicago White Sox, Minnesota Twins, American League Central, Twins, White Sox, Chicago bullpen, Triple, Charlotte, Minnesota, Chicago, Thomson Locations: Chicago , Illinois, USA, Minnesota, Chicago

Walmart's logo is seen outside one of the stores ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 27, 2019. The merchandise mix Walmart (WMT.N) will carry rests not purely on retail executives' judgment but rather on software it developed around 2019. Its machine-learning algorithm relies on weather patterns and each store's past sales data to predict inventory needs of its more than 4,700 U.S. locations, a Walmart tech executive told Reuters. Walmart executives say it is aided by its large tech team in India, spanning three cities and employing 11,500. Software directs Walmart workers to use the quickest route while assembling online orders for pickup and delivery, Vasudev said.

Persons: Kamil Krzaczynski, D.A, Davidson, Michael Baker, Doug McMillon, Thomas Hayes, Hari Vasudev, Vasudev, David Klink, Huntington, Nandan Mandayam, Siddharth Cavale, Mark Porter Organizations: REUTERS, Walmart, Reuters, Target, Shoppers, Amazon, New, Great, U.S, Walmart's India, Software, Workers, Hunting Private Bank, Thomson Locations: Chicago , Illinois, U.S, United States, Bentonville , Arkansas, New York, India, Bengaluru, Target's, Walmart's

☆ US pharmacy chains gear up to administer updated COVID shots
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Kamil Krzaczynski/File Photo Acquire Licensing RightsSept 13 (Reuters) - Drugstore chains CVS Health (CVS.N) and Walgreens Boots Alliance (WBA.O) said on Wednesday that updated COVID-19 vaccines would be available at their stores as soon as this week. The U.S. Centers for Disease Control and Prevention (CDC) director on Tuesday signed off on broad use of updated COVID-19 vaccines, arming a push to align the next round of shots more closely with the circulating variant of the virus, much like annual flu shots are designed. The U.S. Food and Drug Administration has approved an updated vaccine made by Pfizer (PFE.N) and its German partner BioNTech (22UAy.DE) as well as one by Moderna (MRNA.O) for people ages 12 and above. The agency has also authorized the shots for emergency use in children ages 6 months through 11 years. Walgreens said it would start taking appointments for the updated vaccines from Monday, but could begin earlier appointments as stores receive vaccines this week.

Persons: Luis S, Solano, Victor Walchirk, Kamil Krzaczynski, BioNTech, Christy Santhosh, Devika Organizations: Pfizer, Victor, REUTERS, Walgreens Boots Alliance, U.S . Centers for Disease Control, Prevention, U.S . Food, Drug Administration, Moderna, Walgreens, Rite, CVS, Retail, Walmart, Thomson Locations: Evanston , Illinois, U.S, Bengaluru

☆ Alibaba is transforming from a growth stock to a value stock: Portfolio manager
▼ + stars: | 2023-09-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlibaba is transforming from a growth stock to a value stock: Portfolio managerKamil Dimmich of North of South Capital believes that China's stock market is deeply oversold and now presents pockets of opportunities.

Persons: Kamil Dimmich Organizations: South Capital

☆ US NTSB cites inadequate inspections in 2021 United Airlines engine failure
▼ + stars: | 2023-09-08 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

A United Airlines Boeing 777-200ER plane is towed as American Airlines Boeing 737 plane departs from O'Hare International Airport in Chicago, Illinois, U.S. November 30, 2018. Pratt & Whitney is a unit of RTX (RTX.N). Boeing and Pratt & Whitney did not immediately comment. United said on Friday it "closely collaborated with the NTSB, FAA, Boeing and Pratt and Whitney on each step of the investigation and are pleased to have these aircraft back in our fleet." United is the only U.S. operator of 777s with the PW4000 engine and had 52 of those planes as of 2022.

Persons: Kamil Krzaczynski, Pratt, Whitney, United, David Shepardson, Jonathan Oatis, Grant McCool Organizations: United Airlines Boeing, American Airlines Boeing, O'Hare International, REUTERS, Rights, National Transportation Safety, United Airlines, Boeing, Federal Aviation Administration, FAA, Pratt & Whitney, NTSB, Pratt, Thomson Locations: Chicago , Illinois, U.S, Colorado, Honolulu, Denver

☆ Walmart changes starting pay structure for entry-level store workers
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Kamil Krzaczynski Acquire Licensing RightsCompanies Walmart Inc FollowSept 7 (Reuters) - Walmart (WMT.N) is changing the hourly starting wage structure for entry-level store workers, as companies seek to reduce costs in a slowing job market. Deli, auto center and bakery workers will continue to receive higher starting wages as they are higher-skilled roles, she added. The Wall Street Journal, which was the first to report the wage structure changes that went into effect in mid-July, said the changes mean paying some new store workers less than it would have three months ago, citing documents seen by the Journal and store workers. Walmart pays its employees different starting wages based on where the store is based. The new wage structure will not change Walmart's minimum hourly wage of $14 or result in any pay cuts for existing employees, the spokesperson said.

Persons: Kamil Krzaczynski, Anne Hatfield, Hatfield, Walmart's, Ananya Mariam Rajesh, Siddharth Cavale, Maju Samuel, Frances Kerry Organizations: REUTERS, Walmart, Street, Journal, Midwest, Reuters, Thomson Locations: Chicago , Illinois, U.S, United States, Bengaluru, New York

An employee arranges shopping carts outside a Walmart store in Chicago, Illinois, U.S., November 20, 2018. Shares in Walmart, which have climbed 12.3% this year, were up about 3% in premarket trading. Smaller rival Target (TGT.N) on Wednesday beat quarterly profit estimates, benefiting from leaner inventory, but in contrast to Walmart, cut its forecast for the year. Online sales rose 24% in the second quarter, mainly driven by double-digit growth in store-fulfilled pickup and delivery. The company's global advertising business, called Walmart Connect, rose 35%.

Persons: Kamil Krzaczynski, Hogan, John David Rainey, Aishwarya Venugopal, Siddharth Cavale, Sriraj Kalluvila, Sharon Singleton Organizations: Walmart, REUTERS, Walmart Inc, Riley, Walmart's, Wednesday, Thomson Locations: Chicago , Illinois, U.S, United States, Bengaluru, New York

☆ Are office buildings the next 'Big Short' or the next widow-maker trade? The trader behind the ubersuccessful mall short shares his playbook for making money without flaming out.
▼ + stars: | 2023-08-17 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +16 min

Dan McNamara's Polpo Capital is shorting office real estate, a risky move that could be lucrative. If you're looking for a doomsday vision of commercial real estate, you can find it there. "I don't think this is the 'Big Short,'" McNamara told me. This doesn't mean he doesn't have a game plan to make money off cultural shifts that could forever change the state of commercial real estate. Lucas Jackson/ReutersWhere he's going longOne risk of shorting real estate is that it's more susceptible to what's known in real-estate circles as "extend and pretend."

Persons: Dan McNamara's, McNamara, it's, It's, shorting, Carl Icahn, Jim Chanos, Brendan McDermid, Dan McNamara, McNamara's, Braver Stern, Dan McNamara McNamara's, suede loafers, McNamara didn't, Josh Nester, Polpo, he's, Morgan Stanley, Kamil Sadik, Lucas Jackson, Manus Clancy, You've, David Tepper's, Trepp's Clancy, Clancy, David Tepper Organizations: Central Park, New, Polpo, New York University, Columbia, Kynikos Associates, Enron, Asset Management, Reuters, UBS, Co, Societe Generale, Securitized Credit Partners, Credit Suisse, MP, Fund, Bloomberg, of America, Simon Property, Federal Locations: Manhattan, Sixth, Central, New York City, New York, MatlinPatterson, America, China, Italy, Westchester , New York, Tribeca, York, Westchester, Waterford , Connecticut, Baltimore, San Francisco

☆ MLB roundup: Cubs earn walk-off win over White Sox
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +10 min

The Cubs managed just three hits over seven innings and struck out seven times against White Sox starter Mike Clevinger. Rangers starter Jon Gray (8-6) gave up six hits and one run in seven innings. Nationals 6, Red Sox 2Keibert Ruiz broke a tie with a three-run homer in the eighth inning as Washington beat visiting Boston. Mariners starter Luis Castillo (9-7) surrendered four runs on nine hits in seven innings. Padres starter Blake Snell (10-8) gave up two runs on three hits and two walks with five strikeouts in six innings.

Persons: Christopher Morel, Kamil Krzaczynski, Mike Clevinger, Nick Madrigal, Aaron Bummer, Gregory Santos, Cody Bellinger, Dansby Swanson, Morel, Drew Smyly, Gavin Sheets, Reid Detmers, Marcus Semien's, Detmers, Shohei Ohtani, Matt Thaiss, Jon Gray, Christian Walker, Kyle Lewis, Corbin Carroll, Walker, Tommy Pham, Tyler Kinley, Kyle Nelson, Paul Sewald, Ryan McMahon, Nolan Jones, Ezequiel Tovar, Clayton Kershaw, Miguel Rojas, Chris Taylor, Mookie Betts, Freddie Freeman, Will Smith, Betts, Kershaw, Mark Canha, Wade Miley, DJ Stewart, Francisco Lindor's, Pete Alonso, Tylor, Bryan Reynolds, Alika Williams, Johan Oviedo, Spencer Torkelson, Riley Greene, Tyler Holton, Jorge Polanco, Max Kepler, Edouard Julien, Royce Lewis, Aaron Civale, Luke Raley, Josh Lowe, Brandon Lowe, Ross Stripling, Ryan Walker, Keibert Ruiz, Stone Garrett, Jose A, Ferrer, Boston's Pablo Reyes, Jordan Weems, Garrett Whitlock, Charlie Morton, Morton, Randy Vasquez, Julio Rodriguez, Maikel Garcia, Seattle's Dylan Moore, Garcia couldn't, Moore, Teoscar, Dylan Coleman, Luis Castillo, Garcia, Alex Bregman, Kyle Tucker, Chas McCormick, Tucker, Justin Verlander, Verlander, Jake Burger, Paul Blackburn, Louis . Blackburn, Austin Pruitt, Zack Gelof, Jordan Diaz, Gelof, Diaz, Matt McLain, TJ Friedl, Andrew Abbott, Bryce Harper, Jake Cave, Cave, Daulton Varsho, Fernando Tatis Jr, Blake Snell, Josh Hader, Ryan Mountcastle, Dean Kremer Organizations: Chicago Cubs, Chicago White Sox, Wrigley, Cubs, White Sox, Rangers, Diamondbacks, Rockies, Arizona, Colorado, Dodgers, Brewers, Milwaukee, National League Central, NL West, Mets, Pirates, New, Pittsburgh, Tigers, Twins, Detroit, Minnesota, Giants, Tampa Bay, Rays, Cleveland Guardians, Bay ., Nationals, Red Sox, Washington, Boston, Braves, Yankees, The Braves, Mariners, Royals, Seattle, Kansas City, Astros, Marlins, Houston, Miami, Athletics, Cardinals, Oakland, Reds, Cincinnati, Cleveland, Phillies, Blue Jays, Philadelphia, Toronto, Padres, Orioles, Baltimore, Thomson Locations: Chicago , Illinois, USA, Los Angeles, Arlington , Texas, Texas, Denver, New York, Minneapolis, Francisco, Atlanta, York, Kansas, Diego

☆ Christopher Morel's walk-off homer powers Cubs past White Sox
▼ + stars: | 2023-08-17 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/36] Aug 16, 2023; Chicago, Illinois, USA; Chicago Cubs starting pitcher Javier Assad (72) delivers a pitch against the Chicago White Sox during the first inning at Wrigley Field. The Cubs managed just three hits over seven innings, and struck out seven times, against White Sox starter Mike Clevinger. The Cubs split the two-game set and went 3-1 against the White Sox this season while improving to 19-8 since July 18. Gavin Sheets clubbed a two-run homer for the White Sox, who won the series opener 5-3 on Tuesday. It was Sheets' ninth homer of the season.

Persons: Javier Assad, Kamil Krzaczynski, Christopher Morel, Mike Clevinger, Nick Madrigal, Aaron Bummer, Gregory Santos, Cody Bellinger, Dansby Swanson, Morel, Drew Smyly, Gavin Sheets, Michael Fulmer, Luis Robert Jr, Yoan Moncada, Andrew Vaughn, Andrew Benintendi, Robert, Robert's, Ian Happ, Benintendi, Sheets, Assad Organizations: Chicago Cubs, Chicago White Sox, Wrigley, Cubs, White Sox, Wrigley Field, Clevinger, Thomson Locations: Chicago , Illinois, USA

☆ Luis Robert Jr.'s tiebreaking homer propels White Sox past Cubs
▼ + stars: | 2023-08-16 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/41] Aug 15, 2023; Chicago, Illinois, USA; Chicago Cubs starting pitcher Kyle Hendricks (28) delivers a pitch against the Chicago White Sox during the first inning at Wrigley Field. Mandatory Credit: Kamil Krzaczynski-USA TODAY Sports Acquire Licensing RightsAugust 16 - Luis Robert Jr. hit a tiebreaking homer in the seventh inning and the visiting Chicago White Sox beat the crosstown rival Chicago Cubs 5-3 on Tuesday night. The White Sox snapped their three-game skid and earned their sixth straight win at Wrigley Field. The White Sox loaded the bases against Hendricks in the first. White Sox star Tim Anderson was scratched from the lineup due to a stiff neck.

Persons: Kyle Hendricks, Kamil Krzaczynski, Luis Robert Jr, Julian Merryweather, Touki Toussaint, Ian Happ, Seiya Suzuki, Tanner Banks, Lane Ramsey, Aaron Bummer, Gregory Santos, Ramsey, Robert, Elvis Andrus, Andrew Benintendi, Hendricks, Benintendi, Eloy Jimenez, Yoan, Mike Tauchman, Happ, Andrus, Suzuki, Tim Anderson Organizations: Chicago Cubs, Chicago White Sox, Wrigley, White Sox, Cubs, Thomson Locations: Chicago , Illinois, USA

REUTERS/Aly Song/File PhotoHONG KONG/NEW YORK, Aug 15 (Reuters) - Chinese fears of a spillover from missed payments on some shadow banking linked trust products and worsening consumer sentiment are expected to hasten a policy response to revive the country's cash-starved property sector. Zhongrong International Trust Co, which traditionally had sizable real estate exposure, has recently missed repayments on some investment products, fuelling contagion fears. 'CONTAGION'The trust sector had been a major fundraising channel for property developers seeking rapid expansion. The outstanding value of trust products invested in the property sector was 1.2 trillion yuan as of end-2022, down about 30% year-on-year. Still, exposure to the real estate sector varies from different trust firms.

Persons: Aly, Yan Wang, Nomura, Arthur Kroeber, Kamil Dimmich, Phillip Wool, Wool, Vidya Ranganathan, Laura Matthews, David Randall, Ziyi Tang, Sumeet Chatterjee, Alexander Smith Organizations: REUTERS, HONG KONG, Trust Co, Barclays, International Trust, South Capital LLP, China Equity ETF, Beijing, Thomson Locations: Shanghai, China, HONG, Zhongrong, Beijing, New York, London, Singapore, Summer Zhen

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