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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
MLB roundup: Yanks' Domingo German fires perfecto vs. A's
  + stars: | 2023-06-29 | by ( ) www.reuters.com   time to read: +11 min
Drew Waters had two hits and a walk for the Royals, who have lost 20 of their past 25 games. Minnesota starter Kenta Maeda (1-5) pitched five innings and allowed two runs on five hits, with two walks and four strikeouts. Angels starter Jaime Barria (2-3) allowed five runs on seven hits, including three home runs, in three innings. Blue Jays 6, Giants 1Toronto erupted for five runs in the first inning and went on to defeat visiting San Francisco. Aaron Nola (7-5) yielded four runs on seven hits over five innings but benefited from the Phillies' five-run second inning.
Persons: Domingo German, Stan Szeto, Domingo, Esteury Ruiz, Josh Donaldson, Feliz Hernandez, Don Larsen, David Wells, David Cone, Giancarlo Stanton, Harrison Bader, Volpe, Donaldson, Falefa, JP, Jose Ramirez, Josh Bell, Cleveland, Bo Naylor, Ramirez, Drew Waters, Matt Olson, Olson, Kolby Allard, Kirby Yates, Kenta Maeda, Royce Lewis, Ezequiel Tovar, Randal Grichuk, Cron, Jake Bird, Justin Lawrence, Victor Gonzalez, Yonny Hernandez, Mookie Betts, Freddie Freeman, Lawrence, David Peralta, J.D, Martinez, Seby Zavala, Eloy Jimenez, Luis Robert Jr, Robert, Zavala, Andrew Vaughn, Zach Remillard, Shohei Ohtani, Brandon Drury, Lucas Giolito, Jaime Barria, Patrick Corbin, Corbin, Keibert Ruiz, Jose Caballero, Logan Gilbert, George Springer, Trevor Richards, Bowden Francis, Richards, Austin Slater, LaMonte Wade Jr, Will Benson, TJ Friedl's, Adam Frazier's, Alexis Diaz, Fernando Cruz, Keegan Akin, Nick Castellanos, Edmundo Sosa, Josh Harrison, Aaron Nola, Drew Smyly, Jared Young, Dansby Swanson, Carlos Santana, Connor Joe, Henry Davis, Josh Palacios, Mitch Keller, Xander Bogaerts, Blake Snell, Blake Perkins, Christian Yelich, Bryse Wilson, Tommy Pham, Grant Hartwig, Perkins, Dane Dunning, Adolis Garcia, Dunning, Andy Ibanez, Kerry Carpenter, Marcus Semien, Corey Seager, Josh Jung, Ezequiel Duran, Leody Taveras, Joey Wentz, Jose Altuve, Jose Abreu, Houston, Louis, Altuve, Abreu, Nolan Arenado, Paul Goldschmidt, Jazz Chisholm, Garrett Cooper, Joey Wendle, Cooper, Braxton Garrett, Rafael Devers, Rob Refsnyder, Jarren Duran, Devers, Nick Pivetta, Josh Lowe's, Lowe, Scott McGough, Yandy Diaz, Wander Franco, Luke Raley, McGough, Randy Arozarena, Isaac Paredes, Ketel Marte Organizations: New York Yankees, Oakland Athletics, Oakland, Alameda County Coliseum, Oakland Coliseum, Yankees, Tampa Bay Rays, Brooklyn Dodgers, Minnesota Twins, Montreal Expos, JP Sears, Royals, Kansas City, Guardians, American League Central, Braves, Minnesota, Atlanta, Rockies, Dodgers, Colorado, Los Angeles, White Sox, Angels, Chicago, Brandon Drury . White Sox, Nationals, Mariners, Washington, Seattle, Blue Jays, Giants, San, Reds, Orioles, TJ, Cincinnati, Phillies, Cubs, Philadelphia, Padres, Pittsburgh, Pirates, Diego, Brewers, Mets, Milwaukee, New, Rangers, Tigers, Texas, The Rangers, Astros, Cardinals, Marlins, Red Sox, Boston, Rays, Diamondbacks, Tampa, Phoenix . The Rays, Thomson Locations: Oakland , California, USA, Domingo German, New York, Kansas, Cleveland, Minnesota, C.J, Los, Denver, Los Angeles, Anaheim , Calif, Toronto, San Francisco, Baltimore, Philadelphia, San Diego, Detroit, Arlington , Texas, Miami, Tampa Bay, Arizona, Phoenix .
The central bank on Wednesday will release the results of its bank "stress tests" which assess how much capital banks would need to withstand a severe economic downturn. The annual exercise, introduced following the 2007-2009 financial crisis, is integral to banks' capital planning, dictating how much cash they can return to shareholders via dividends and share buybacks. Despite the turmoil, and the exam being the hardest in years, bank analysts and executives expect the 23 lenders being tested will show capital in excess of regulatory minimums. While that will not affect capital, it will be used to assess potentially employing multiple scenarios in future stress test exercises. "In an environment of ever-changing risks, stress tests can quickly lose their relevance if their assumptions and scenarios remain static," said Barr in December.
Persons: Nick Zieminski WASHINGTON, JPMorgan Chase, Goldman, Morgan Stanley, jitters, Wells, Jefferies, Randal Quarles, Michael Barr, Barr, Pete Schroeder, Michelle Price, Deepa Babington Organizations: Citibank, REUTERS, Big U.S, Bank, U.S, Treasury, Citigroup Inc, Bank of America, JPMorgan, Goldman Sachs, Capital, U.S . Bancorp, Citizens, Fed, Bank Policy Institute, RBC, Thomson Locations: Jackson, Queens, New York City, U.S, Big, Silicon, Wells Fargo, Washington
Kevin Randal, a construction worker in Houston, has his routine. Mr. Randal, 60, who works on air conditioning, roofing, flooring and kitchens, spent Saturday inside an attic, drenched in sweat in 100 degree temperatures, fixing an air conditioning unit. He takes breaks every 20 minutes, drinks a mix of lime juice, salt and water to keep him hydrated and takes little sips of water to prevent nausea and throwing up, he said. “If you don’t calculate time correctly, you will faint,” Mr. Randal said, adding, “The heat comes and goes, and the jobs come and go with it.”But for now, the heat is mostly coming and staying. An onslaught of record heat that shows no sign of easing has united all strata of society with the same fundamental purpose of staying cool, comfortable and safe, while putting particular strains on the poor and those without air conditioning.
Persons: Kevin Randal, Randal, Mr Locations: Houston
CNN —Kylian Mbappé scored his 54th goal of the season for club and country in France’s 1-0 win over Greece in Euro 2024 qualifying, setting a new French goalscoring record. The previous record was 53 goals in a single season set by the late striker Just Fontaine during the 1957-58 campaign. Mbappé scored the winning goal from the penalty spot 10 minutes into the second half after Antoine Griezmann was fouled by Konstantinos Mavropanos, maintaining France’s perfect qualifying record with four wins from four matches. “The only regret I have is to not be able to play safe because we had chances to score the second goal,” France head coach Didier Deschamps told uefa.com. France, yet to concede a goal in qualifying, continues its campaign against the Republic of Ireland at the Parc des Princes in September.
Persons: Kylian Mbappé, Just Fontaine, Germain, Erling Haaland’s, Mbappé, Antoine Griezmann, Konstantinos Mavropanos, Odysseas Vlachodimos, Mavropanos, Randal Kolo Muani, , Didier Deschamps, , Olivier Giroud’s, Les, Harry Kane, England’s, Bukayo Saka, Marcus Rashford, Kalvin Phillips Organizations: CNN, Paris Saint, Manchester City, don’t, France, Les Bleus, Parc des Princes, Three Lions, Arsenal, Bukayo Locations: Greece, Paris, Norway, Cyprus, ” France, Germany, France, Republic of Ireland, Parc des, England, North Macedonia, Ukraine
The result left France top with 12 points, six ahead of second-placed Greece, who had Konstantinos Mavropanos sent off in the 69th minute after Mbappe's 55th minute spot kick. "We wanted to follow up on our win against Gibraltar, in front of our crowd," said midfielder Eduardo Camavinga, referring to France's 3-0 win on Friday. It came after earlier opportunities for Mbappe and Kingsley Coman but the offensive trio hit a brick wall. Vlachodimos parried Mbappe's spot kick but it had to be taken again as the keeper had left his goal line too early. After Saturday's win over Gibraltar, France have now scored nine goals and kept clean sheets in all four qualifying games.
Persons: Kylian Mbappe, Mbappe, Just Fontaine, Erling Haaland, Konstantinos Mavropanos, Didier Deschamps, Eduardo Camavinga, Randal Kolo Muani, Kingsley Coman, Les Bleus, Jules Kounde's, Odysseas Vlachodimos, Antoine Griezmann, Greece's, Mavropanos, Kolo Muani, Saturday's, Julien Pretot, Clare Fallon, Ken Ferris Organizations: Greece, St Germain, Manchester City, Gibraltar, Mbappe, Thomson Locations: France, Norway, Cyprus, Greece, Gibraltar, Ireland, Netherlands
MLB roundup: A's top Rays on 'reverse boycott' night
  + stars: | 2023-06-14 | by ( ) www.reuters.com   time to read: +11 min
Jose Abreu notched his 1,500th career hit and became the fourth player in franchise history to score 1,000 runs. Nationals starter Patrick Corbin (4-7) allowed two runs on four hits in five innings. Giants starter Alex Cobb allowed two runs on five hits and two walks in four innings. Ortiz was charged with four runs and also allowed six hits over 5 1/3 innings for the Pirates. Mariners 9, Marlins 3George Kirby pitched six strong innings and Mike Ford hit two home runs as Seattle defeated visiting Miami.
Persons: Ramon Laureano, Cary Edmondson, Hogan Harris, John Fisher, Laureano, Colin Poche, Carlos Perez's grounder, Isaac Paredes, Harris, Shintaro Fujinami, Hunter Brown, Mauricio Dubon, Kyle Tucker, Martin Maldonado, Chas McCormick, Brown, Jose Abreu, Patrick Corbin, Michael Conforto, Louis, J.D, Davis, Mitch Haniger, Mike Yastrzemski, Patrick Bailey, Alex Cobb, Keaton Winn, Jack Flaherty, Gunnar Henderson, Henderson, Adam Frazier, Ryan O'Hearn, Aaron Hicks, Baltimore's Dean Kremer, Chris Bassitt, Will Smith, David Peralta, Tony Gonsolin, Lance Lynn, Gary Sanchez, Fernando Tatis Jr, Joe Musgrove, Josh Hader, Tanner Bibee, Juan Soto, Tatis, Manny Machado's flyout, Xander Bogaerts, Jake Cronenworth, Sanchez, Padre, Bryson Stott, Kyle Schwarber, Nick Castellanos, Alex Bohm, Bryce Harper, Zack Wheeler, Wheeler, Corbin Carroll, Christian Walker, Zach Davies, Carlos Correa, Michael A, Taylor, Devin Williams, Edouard Julien, Willi Castro, Donovan Solano's, Correa, Williams, Randal Grichuk, Grichuk's, Justin Garza, Coco Montes, Nolan Jones, Jurickson Profar, Rafael Devers, Daniel Bard, Pierce Johnson, Josh Donaldson, DJ LeMahieu, Brandon Nimmo, Jeff McNeil, Drew Smith, Ron Marinaccio, Josh Walker, Hunter Renfroe, Zach Neto, Shohei Ohtani, Jimmy Herget, Carlos Estevez, Nathaniel Lowe, Corey Seager, Owen White, Elly De La Cruz, Spencer Steer's, Kevin Newman's, Stuart Fairchild, TJ Friedl, Jordan Lyles, Lyles, Ian Happ, Jameson Taillon, Happ, Luis L, Ortiz, Jack Suwinski, Christopher Morel, George Kirby, Mike Ford, Cal Raleigh, Jose Caballero, Garrett Cooper, Chris Flexen Organizations: Oakland Athletics, Tampa Bay Rays, Oakland, Alameda County Coliseum, Astros, Houston, Washington, Giants, Cardinals, San Francisco, St, Orioles, Blue Jays, Baltimore, Toronto, American, Dodgers, White Sox, Padres, Guardians, Cleveland, Phillies, Diamondbacks, Philadelphia, Brewers, Minnesota, Milwaukee, Twins, Red Sox, Boston, Rockies, Yankees, Mets, Big Apple, Rangers, Angels, Los Angeles, Reds, Royals, Cincinnati Reds, Kansas City, The Reds, Cubs, Pirates, Chicago, Pittsburgh, Mariners, Marlins, Seattle, Miami, Cal, Kirby, Thomson Locations: Oakland , California, USA, Vegas, Angeles, Chicago, Cincinnati, Philadelphia, Seattle, San Diego, Cleveland, Phoenix, Arizona, Minneapolis, Minnesota, Colorado, Grichuk, Arlington , Texas, Pittsburgh, Raleigh, Ford
MLB roundup: Pirates win slugfest, extend Mets' skid
  + stars: | 2023-06-10 | by ( ) www.reuters.com   time to read: +11 min
Pittsburgh starter Rich Hill (6-5) allowed two runs and seven hits in seven innings. New York starter Tylor Megill (5-4) gave up nine runs, seven earned, and eight hits in 3 2/3 innings. Arizona starter Merrill Kelly (8-3) gave up three runs and seven hits in 6 1/3 innings. Detroit starter Michael Lorenzen (2-3) was charged with six runs and seven hits in 6 2/3 innings. Cole (7-1) allowed two runs on seven hits in six innings for his first loss since his final regular-season start of last season.
Persons: Will Brennan, David Richard, Carlos Santana, Jack Suwinski, Austin Hedges, Josh Palacios, Rich Hill, Francisco Lindor, Luis Guillorme, Mark Vientos, Francisco Alvarez, Tylor, Tyler Freeman, Kyle Tucker's, Xzavion Curry, Freeman, Seth Martinez, Josh Naylor, Jose Abreu, Jeremy Pena, Isaac Paredes, Tyler Glasnow, Paredes, Michael A, Taylor, Royce Lewis, Sonny Gray, Yusei Kikuchi, Kyle Schwarber, Schwarber, Caleb Ferguson, Trea Turner, Mookie Betts, Freddie Freeman, Orlando Arcia, Arcia, CJ Abrams, Eddie Rosario, Josiah Gray, Jordan Montgomery, Louis, Giovanny Gallegos, Nolan Arenado, Jordan Walker, Nolan Gorman, Ben Lively, Stuart Fairchild, Luis Robert Jr, Liam Hendriks, Yasmani Grandal, Joey Wendle, Corbin Carroll, Carroll's, Emmanuel Rivera, Geraldo Perdomo, Merrill Kelly, Jake Rogers, Zack Short, Javier Baez, Michael Lorenzen, Rafael Devers, Gerrit Cole, Kenley Jansen, Casas, Enrique Hernandez, Josh Donaldson, Cole, Austin Hays, Tyler Wells, Gunnar Henderson, Wells, Felix Bautista, Daniel Lynch, Hays, Ramon Laureano, Luis Medina, Trevor May, Adrian Houser, Owen Miller, Fernando Tatis Jr, Manny Machado, Brandon Dixon, Trent Grisham, Gary Sanchez, Jake Cronenworth, Juan Soto, Xander Bogaerts, Yu Darvish, Josh Hader, Mike Moustakas, Randal Grichuk, Ryan McMahon, Shohei Ohtani, Mickey Moniak, Moniak, Luis Castillo, Nico Hoerner, Marcus Stroman, Stroman, Seiya Suzuki, Tucker Barnhart, Joc Pederson, Thairo Estrada, Anthony DeSclafani Organizations: Cleveland Guardians, Houston Astros, Progressive, Pirates, Pittsburgh, Mets, Astros, Cleveland, Houston, Rangers, Tampa Bay, Rays, Blue Jays, Minnesota, Toronto, Twins, Phillies, Dodgers, Philadelphia, Detroit, Los, Braves, Nationals, Orlando, Atlanta, New York Mets, . Washington, Cardinals, Reds, Cincinnati, Cincinnati . White Sox, Marlins, Chicago, Miami, White Sox, Diamondbacks, Tigers, Red Sox, Yankees, Boston, Yankee Stadium, Orioles, Royals, Baltimore, Kansas City, Athletics, Brewers, Oakland, Milwaukee, Padres, Rockies, San Diego, Colorado, San, The Rockies, Mariners, Seattle, Angels, Cubs, Giants, Thomson Locations: Cleveland , Ohio, USA, York, Tampa, Texas, St . Petersburg, Fla, Minnesota, Los Angeles, Washington, ., Montgomery, Arizona, Detroit, New York, San, Denver, San Diego, Colorado, Anaheim , Calif, San Francisco
The surprise merger announcement between the PGA Tour and the Saudi Arabia-backed LIV Golf league sent shockwaves through the sports world on Tuesday and could have big implications for two golf stocks, according to Jefferies. As part of the deal, the Saudi Public Investment Fund, or PIF, is prepared to invest billions in the new golf league, CNBC's David Faber reported Tuesday. Jefferies analyst Randal Konik said in a note to clients Tuesday that the combined league and additional cash should boost golf's growth. "We believe that this unexpected agreement holds immense potential to elevate the sport of golf to new heights. Jefferies highlighted both stocks as potential beneficiaries of the deal, but said Topgolf Callaway has more "asymmetric upside potential."
Persons: LIV, shockwaves, Jefferies, CNBC's David Faber, Randal Konik, Konik, Topgolf Callaway, Michael Bloom Organizations: PGA Tour, LIV Golf, Saudi Public Investment Fund, Callaway Brands, Acushnet Holdings Locations: Saudi Arabia, PIF, Titleist
MLB roundup: Padres' stars shine in shutout of Cubs
  + stars: | 2023-06-04 | by ( ) www.reuters.com   time to read: +12 min
Strider (6-2), who now has 113 strikeouts in 12 starts, worked six-plus innings, allowing three hits, two runs and four walks. Diamondbacks starter Ryne Nelson (2-3) took the loss, allowing three runs on six hits in 4 2/3 innings. Corey Seager had three hits, three runs and three RBIs and Nathaniel Lowe had three hits and three RBIs for the Rangers. Javier (7-1) limited the Angels to one run on six hits with no walks and five strikeouts over six innings. Guardians rookie left-hander Logan Allen (3-2) allowed two runs and seven hits in six innings to win his second straight start.
Persons: Yu Darvish, Ray Acevedo, Fernando Tatis Jr, Brandon Dixon, Trent Grisham, Tatis, Drew Smyly's, Seong Kim, Grisham, Jeremiah Estrada, Darvish, Spencer Strider, Ronald Acuna Jr, Eddie Rosario, Marcel Ozuna, Ryne Nelson, Evan Longoria, Jake Bauers, Aaron Judge, Oswaldo Cabrera, Gerritt Cole, Cole, Bauers, Michael Grove, Judge, J.D . Martinez, Justin Turner's, Alex Verdugo, Turner, Masataka Yoshida, Pablo Reyes, Corey Kluber, Tampa Bay's Yandy Diaz, Wander Franco, Diaz, Harold Ramirez, Francisco Mejia, Kenley Jansen, Mejia, Yandy Diaz, Brandon, wouldn't, Marcus Semien, Corey Seager, Nathaniel Lowe, Lowe, Mitch Garver, Leody Taveras, Andrew Heaney, Seattle's Bryson Woo, Vladimir Guerrero Jr, David Robertson, George Springer's, Springer, Guerrero, Jose Berrios, Tylor Megill, Connor Joe, Carlos Santana, Louis, Ke'Bryan Hayes, Luis L, Ortiz, Dauri Moreta, Nolan Gorman, Willson Contreras, Jordan Montgomery, Yoan Moncada, Andrew Benintendi, Reynaldo Lopez, Zach McKinstry, Realmuto, Matt Strahm, Dylan Covey, Washington, MacKenzie Gore, Alex Bregman, Cristian Javier, Javier, Bregman, Shohei Ohtani, Blake Perkins, Perkins, Graham Ashcraft, Will Brennan, Logan Allen, Emmanuel Clase, Sonny Gray, Gray, Jorge Polanco, Alex Cobb, Wilmer Flores, San Francisco, Kyle Bradish, Davis, Flores, Cobb, Aaron Hicks, Ryan O'Hearn, Bradish, Luis Arraez, Arraez, Joey Wendle, Eury Perez, Luis Medina, Elehuris Montero, Ryan McMahon, Randal Grichuk, Charlie Blackmon, Matt Carasiti, Nick Pratto, Maikel Garcia, Drew Waters, Salvador Perez Organizations: San Diego Padres, Chicago Cubs, USA, Padres, Cubs, Braves, Diamondbacks, Atlanta, Arizona, Yankees, Dodgers, Los, J.D, Red Sox, Rays, Boston, Tampa Bay, Rangers, Mariners, Seattle, MLB, Texas, Blue Jays, Mets, Pirates, Cardinals, Pittsburgh, White Sox, Tigers, Chicago, Detroit, Friday, Phillies, Philadelphia, Washington, Nationals, Astros, Angels, Houston, Brewers, Reds, Milwaukee, Cincinnati, The Brewers, Cleveland, Minnesota, Twins, Giants, Orioles, Baltimore, The Giants, San, Marlins, Athletics, Miami, Oakland, Royals, Kansas City, Rockies, Thomson Locations: San Diego , California, USA, Petco, Phoenix, New York, Los Angeles, Tampa, Texas, Arlington , Texas, Semien, Toronto, Minnesota, San Francisco, Colorado
MLB roundup: Rays win shootout, take series from Dodgers
  + stars: | 2023-05-29 | by ( ) www.reuters.com   time to read: +12 min
Rays starter Josh Fleming allowed 10 runs (eight earned) on 12 hits, including five home runs, in six innings. Dylan Covey (0-1) retired only two batters in his first start since 2019 and was tagged for seven runs (five earned) on six hits. Darvish (3-4) allowed a season-high seven runs and seven hits in 2 2/3 innings. Gerrit Cole (6-0) allowed a homer to Jake Cronenworth two batters into the game and a two-run homer to Rougned Odor in the seventh. Alex Cobb (4-2) gave up a season-high seven runs on seven hits in four innings.
MLB roundup: Overturned DP helps Marlins beat Angels
  + stars: | 2023-05-28 | by ( ) www.reuters.com   time to read: +11 min
Phillies 2, Braves 1Right-hander Zack Wheeler continued his dominance over Atlanta, throwing eight scoreless innings to lead visiting Philadelphia to a win. Four Atlanta relievers combined for four scoreless innings, allowing two hits and fanning six. Mariners 5, Pirates 0Luis Castillo allowed one hit over six scoreless innings as Seattle defeated visiting Pittsburgh. Mason Thompson (3-2), the first of four Nationals relievers, earned the win with two scoreless innings. Ryan Helsley (3-3) was credited with the victory after pitching 1 1/3 scoreless innings, while Sandlin (2-2) took the loss.
No one was present when Reuters visited the Hong Kong office of Mintz during business hours, with the doors locked and lights off. China's State Council Information Office, the Ministry of Foreign Affairs and the Hong Kong and Macau Affairs Office did not respond to Reuters requests for comment. The Hong Kong government said it did not comment on individual business decisions. Rights groups accuse Beijing of abuses against mainly Muslim Uyghurs in the western region of Xinjiang, including the mass use of forced labour. Reporting by James Pomfret in Hong Kong, Engen Than in Shanghai and Hong Kong Newsroom; Editing by Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.
[1/3] The U.S. corporate due diligence firm Mintz Group's office is seen in Hong Kong, China, May 18, 2023. No one was present when Reuters visited the Hong Kong office of Mintz during business hours, with the doors locked and lights off. China's State Council Information Office, the Ministry of Foreign Affairs and the Hong Kong and Macau Affairs Office did not respond to Reuters requests for comment. The Hong Kong government said it did not comment on individual business decisions. Reporting by James Pomfret in Hong Kong, Engen Than in Shanghai and Hong Kong Newsroom; Editing by Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.
MLB roundup: Yankees blast A's in Aaron Judge's return
  + stars: | 2023-05-10 | by ( ) www.reuters.com   time to read: +12 min
Jake Bauers capped the inning by lifting a sacrifice fly, and he later hit a two-run homer in the seventh. Miguel Vargas had a two-run homer and Mookie Betts and Will Smith had solo homers for the Dodgers. Tom Murphy added a two-run homer as Seattle won for the seventh time in its past nine games. Luzardo (3-2) allowed just one run on seven hits and struck out five while walking two. All six Miami runs were credited to Pfaadt (0-1), who came into Tuesday's contest with a 13.50 ERA after allowing seven runs in his only other appearance.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market is wrong and this will be the last rate hike, says Fmr. Fed Vice Chair QuarlesRandal Quarles, former Fed Vice Chair for supervision, joins 'Closing Bell: Overtime' to discuss supervision on bank failures and regulation on the industry.
MLB roundup: Padres prevail in offensive showcase in Mexico City
  + stars: | 2023-04-30 | by ( ) www.reuters.com   time to read: +14 min
Trent Grisham hit a two-run double to increase the Padres' lead to 14-11 in the eighth. Machado had three hits with three RBIs and four runs, while Thairo Estrada had four hits and three RBIs for the Giants. Andujar went 2-for-3 with three RBIs, while Connor Joe went 1-for-4 with a solo homer and two runs for Pittsburgh. Patrick Corbin (1-4) gave up three runs on seven hits with two strikeouts and a walk in 5 1/3 innings. Nationals starter Chad Kuhl (0-2) allowed eight runs on seven hits with four strikeouts and four walks in just 3 2/3 innings.
According to the Fed, SVB's management bore significant blame and bank examiners also made grave missteps. Randal Quarles, who was appointed to the Fed by President Donald Trump in 2017, oversaw the Fed's bank supervision until his resignation in 2021. Patrick McHenry, the Republican chair of the House of Representatives Financial Services Committee, blasted the Fed report as a "thinly veiled attempt" to justify positions like those of Warren. According to the report, the 2018 law caused the Fed to raise the supervisory threshold for large banks, i.e. those smaller than the "global systemically important banks," to $100 billion in assets from $50 billion -- delaying stricter oversight of SVB "by at least three years."
Depositors had pulled $100 billion from accounts at the bank in the panic triggered by the SVB and Signature failures, imperiling its survival. Both SVB and Signature failed last month. Both SVB and Signature grew quickly in recent years, outpacing the ability of regulators to keep up, especially with shrinking resources. Regulators closed Signature two days after SVB was shuttered. Signature lost 20% of its total deposits in a matter of hours on the day that SVB failed, FDIC Chair Martin Gruenberg has said.
Both SVB and Signature failed last month. Regulators shut SVB on March 10, a day after customers withdrew $42 billion and queued requests for another $100 billion the following morning. Both SVB and Signature grew quickly in recent years, outpacing the ability of regulators to keep up, especially with shrinking resources. Regulators closed Signature two days after SVB was shuttered. Signature lost 20% of its total deposits in a matter of hours on the day that SVB failed, FDIC Chair Martin Gruenberg has said.
So many, in fact, that the report makes it hard to point the blame anywhere in particular. The 114-page post-mortem of SVB, compiled in just over six weeks at the behest of supervisory chief Michael Barr, points out some obvious but undeniable truths. But this ailing dog of a bank also had a too-long leash, thanks to timid, consensus-seeking supervisors. Using pre-rollback rules, SVB would have fallen visibly short of its required liquidity levels by the end of 2022. But the report skirts over the extent to which the Fed’s top staff were aware of risks at SVB.
Randal Quarles, former vice chair of supervision at the Fed, told CNN in an exclusive interview that he doesn’t expect the report to uncover any smoking guns. For instance, SVB was able to opt out of holding capital against its unrealized investment losses. Cole Burston/Bloomberg/Getty ImagesIn Quarles’ view, returning to the pre-2019 requirements “would not have made any difference” in preventing SVB from failing. The real issue that the Fed’s report should address, he said, is why SVB’s uninsured depositors were so quick to flee. That’s why Quarles said he didn’t hear about the red flags Fed officials identified when he was vice chair for supervision.
If approved, the move spearheaded by Fed Vice Chairman for Supervision Michael Barr would reverse a relaxing of oversight granted to some regional banks by the Fed in 2019 under Barr's predecessor Randal Quarles. Reuters reported in March that the Fed is considering tougher rules and oversight for midsize banks similar in size to SVB. The Federal Deposit Insurance Corp is also expected to release its preliminary review of the failures that same day. Regulators have vowed to review their rules and procedures after the two failures while insisting the overall system remains sound. Barr had welcomed external reviews of regulators' work and expects the Fed to be "accountable" for any shortcomings that are unearthed.
Jefferies says it's "bowling for a strike" with Bowlero shares. Analyst Randal Konik initiated coverage of the bowling center operator with a buy rating in a report issued Wednesday. Jefferies has a $23 price target on Bowlero shares, implying that the stock could soar 51% from where it closed Tuesday. Konik believes Bowlero has "significant white space opportunity" both in the U.S. and internationally. "The Street underappreciates the potential upside from these initiatives, and we see robust [free cash flow] generation ahead," he added.
Mikey Taylor started his career as a professional skateboarder making barely enough money to get by. He now runs a real-estate fund and educates investors on how to create a road to financial freedom. "There was a part of skateboarding that really changed the way I looked at the world," Taylor told Insider. "One hundred grand as a professional skateboarder doesn't feel like one hundred grand in a more conventional career because our careers are so short," Taylor told Insider. Setting the groundwork for his life after skateboarding, Taylor started investing in the stock market and bonds at age 20.
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