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☆ MLB roundup: Red Sox ring up 24 hits, pummel Astros 17-1
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +7 min

All nine batters in Boston's starting lineup recorded at least one RBI and at least one of the club's season-high 24 hits. The offensive showcase provided more than enough run support for Red Sox starter Brayan Bello (10-7), who gave up one run on nine hits in seven innings. Mauricio Dubon doubled twice for the Astros, who went 1-for-12 with runners in scoring position and left 11 men on base. Rays 5, Rockies 3Josh Lowe hit a go-ahead, two-run homer in the eighth inning, helping host Tampa Bay complete a series sweep of Colorado. Palacios hit a two-run home run and Ji Hwan Bae added an RBI single for the Pirates, who have lost two straight.

Persons: Wilyer Abreu, Pablo Reyes, Erik Williams, Abreu, Connor Wong, Alex Verdugo, Brayan Bello, Alex Bregman, Mauricio Dubon, Mookie Betts, Freddie Freeman, Enrique Hernandez, Michael Busch, Corbin Carroll, Gabriel Moreno, Merrill Kelly, Miguel Castro, Alex Young, Brandon Williamson, Josh Lowe, Randy Arozarena, Matt Koch, Lowe, Alex, Tommy Kahnle, Jake Alu, CJ Abrams, Joey Meneses, Aaron Judge, Patrick Corbin, Gleyber Torres, Ryan Jeffers, Jeffers, Will Smith's, Carlos Correa, Josh Sborz, Michael A, Taylor, Royce Lewis, Kyle Farmer, Ian Happ's, Cody Bellinger, Nico Hoerner, Jeimer Candelario, Justin Steele, Connor Joe's, Adbert Alzolay, Joshua Palacios, Palacios, Ji Hwan Bae, Zack Gelof, Shea Langeliers, Brent Rooker, Tony Kemp, Kemp, Luis Robert Jr, Elvis Andrus, Kyle Gibson, Anthony Santander, Cedric Mullins, Adley Rutschman, Gibson, Felix Bautista Organizations: Boston Red Sox, Houston Astros, Red Sox, Boston, Boston's, Astros, Dodgers, Cleveland, Angeles, The Dodgers, Diamondbacks, Reds, Arizona, Cincinnati, National League, Rays, Rockies, Tampa, Nationals, Yankees, skidding, Rangers, Minnesota, Texas, American League Central, Cubs, Pirates, Chicago, Pittsburgh, Athletics, White Sox, Oakland, Orioles, Blue Jays, Baltimore, Toronto, Thomson Locations: Houston , Texas, USA, Houston's, Angeles, Los Angeles, Phoenix, Cincinnati, Tampa, Colorado, Washington, skidding New York, Kahnle, Minneapolis, Minnesota, Chicago, punctuate

☆ MLB roundup: Behind Aaron Judge's 3 homers, Yanks end skid
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +10 min

The Yankees won for the first time since Aug. 11 and avoided their first 10-game skid since 1913. New York's Luis Severino (3-8) didn't allow a run and surrendered just one hit, matching a season high with 6 2/3 innings. Blue Jays starter Kevin Gausman (9-8) gave up two runs on five hits in six innings against his former team. Cubs 6, Tigers 4Cody Bellinger drove in two runs, Yan Gomes knocked in the go-ahead run and visiting Chicago downed Detroit. Cubs starter Jameson Taillon had a no-hitter through five innings but gave up four runs in 5 2/3 innings.

Persons: Aaron Judge, Vincent Carchietta, Brian Cashman, MacKenzie Gore, New York's Luis Severino, Elly De La Cruz, Shohei Ohtani, Spencer Steer, Buck Farmer, Tyler Anderson, Matt McLain, Steer, Reid Detmers, Ohtani, Tim Anderson, Trayce Thompson, Anderson, George Kirby, Josh Rojas, Dean Kremer, Anthony Santander, Kremer, Jack Flaherty, Kevin Gausman, Charlie Morton, Marcell Ozuna, Morton, DJ Stewart, Ozuna, Austin Riley, Jose Quintana, Cody Bellinger, Yan Gomes, Julian Merryweather, Adbert Alzolay, Kerry Carpenter, Tarik Skubal, Jameson Taillon, Paul DeJong, Wilmer Flores, Camilo Doval, Bryce Harper, Jakob Junis, Ryan Walker, Craig Kimbrel, Kyle Schwarber, Trea Turner, Brice Turang, Carlos Santana, Willy Adames, Turang, Elvis Peguero, Ryan Jeffers, Lewis, Michael A, Taylor, Brandon Lowe, Lowe, Brent Suter, Osleivis, Pete Fairbanks, Elias Diaz, Adam Duvall, Josh Winckowski, Nick Pivetta, Kenley Jansen, Seth Martinez, Hector Neris, Bryan Abreu, Ryan Pressly, Kendall Graveman, Richie Palacios, Nolan Arenado, Louis, Paul Goldschmidt, Zack Thompson, JoJo Romero, Ke'Bryan Hayes, Connor Joe, Luis Oritz, Dairon Blanco, Cole Ragans, Bobby Witt Jr, Adrian Martinez, Blanco, Seth Lugo, Xander Bogaerts, Lugo, Garrett Cooper, Sandy Alcantara, Xzavion Curry, Will Smith, Enrique Hernandez, Jose Ramirez, Clayton Kershaw Organizations: New York Yankees, Washington Nationals, Yankee, Yankees, New, Reds, Cincinnati, Orange County, UCLA, The Reds, Angels, White Sox, Mariners, Seattle, Cleveland Guardians, Orioles, Blue Jays, Baltimore, Braves, Mets, Atlanta, Cubs, Tigers, Chicago, Detroit, Giants, Phillies, San Francisco, Philadelphia, Brewers, Milwaukee, Twins, Rays, Rockies, Tampa Bay, Colorado, Red Sox, Astros, Boston, Cardinals, Pirates, Pittsburgh, Royals, Athletics, Kansas City, Oakland, 103rd, Padres, Marlins, San Diego, Miami, Dodgers, Cleveland, The Dodgers, Thomson Locations: Bronx , New York, USA, New York, OptaSTATS, Cincinnati, Los Angeles, Anaheim , Calif, McLain, Orange, Southern California, Chicago, Toronto, Minnesota, Colorado, St . Petersburg, Fla, Houston, Boston, Pittsburgh, San, Angeles

☆ Ex-CEO of Brazil's Americanas says he did not expect to lead bankrupt firm
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +1 min

Aug 22 (Reuters) - The former head of Brazilian retailer Americanas (AMER3.SA) quit two weeks into the job because he had not expected to take over a bankrupt firm, he told Brazilian lawmakers probing its $5 billion accounting fraud on Tuesday. Former Chief Executive Sergio Rial, who testified in a congressional investigation, resigned on Jan. 11, the same day Americanas revealed accounting inconsistencies that were later found to be fraud. I did not buy into an insolvent project," he told lawmakers, saying he had not expected Americanas' debt to exceed its assets. Rial in March testified before senators saying Americanas' previous management had created difficulties in disclosing information about the company's situation and the succession process. Reporting by Carolina Pulice and Peter Frontini; Editing by Cynthia OstermanOur Standards: The Thomson Reuters Trust Principles.

Persons: Sergio Rial, Rial, Americanas, Carolina Pulice, Peter Frontini, Cynthia Osterman Organizations: SA, Jan, Santander Brasil, 3G, Thomson

☆ Fernando Tatis Jr. steals show as Padres top Orioles
▼ + stars: | 2023-08-17 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/35] Aug 16, 2023; San Diego, California, USA; San Diego Padres starting pitcher Blake Snell (4) throws a pitch against the Baltimore Orioles during the first inning at Petco Park. Padres starter Blake Snell (10-8) gave up two runs on three hits and two walks with five strikeouts in six innings. That catch proved doubly important because the next hitter, Ryan Mountcastle, homered off Snell to bring the Orioles within 3-2. Grisham's 12th homer of the season, off Shintaro Fujinami with one out in the seventh, boosted San Diego's lead to 4-2. Later in the seventh, Tatis singled to left with two outs, ending Fujinami's night.

Persons: Blake Snell, Ray Acevedo, Fernando Tatis Jr, Josh Hader, Trent Grisham, Ryan Mountcastle, Snell, Shintaro Fujinami, Tatis, Cionel Perez, Perez, Juan Soto, Soto, Rutschman, Anthony Santander's, Grisham, Dean Kremer, Seong Kim, Kremer, Manny Machado, Xander Bogaerts, Jake Cronenworth Organizations: San Diego Padres, Baltimore Orioles, USA, Padres, Orioles, Tatis, Thomson Locations: San Diego , California, USA, Petco, Tatis

☆ If there is a recession, it's likely to happen in 2024: Santander's Stephen Stanley
▼ + stars: | 2023-08-16 | 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 EmailIf there is a recession, it's likely to happen in 2024: Santander's Stephen StanleyCNBC's Steve Liesman and Stephen Stanley, chief US economist at Santander, join 'Power Lunch' to discuss their takeaways from the Fed minutes.

Persons: Santander's Stephen Stanley, Steve Liesman, Stephen Stanley Organizations: Santander

☆ Fintech Vesttoo seeks Chapter 11 bankruptcy protection
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +1 min

LONDON, Aug 14 (Reuters) - Israel-based fintech Vesttoo is seeking Chapter 11 bankruptcy protection in a U.S. court which will enable it to pursue legal action against those responsible for a fake collateral scandal, it said in a statement on Monday. Vesttoo - partly backed by Banco Santander's (SAN.MC) fintech venture capital arm Mouro Capital - has laid off staff, closed offices and appointed an interim chief executive following the discovery of fraudulent letters of credit used on its platform. Vesttoo provides insurers with access to so-called insurance-linked securities - an alternative form of reinsurance. Led by Mouro, Vesttoo last raised $80 million at a $1 billion valuation last October. In its bankruptcy filing, Vesttoo said it had appointed law firm DLA Piper and financial adviser Kroll to represent the firm.

Persons: Vesttoo, Ami Barlev, Mouro, DLA Piper, Kroll, Carolyn Cohn, Sonali Paul Organizations: Banco Santander's, Thomson Locations: Israel, U.S

☆ This Spanish bank has ripped more than 30% higher this year. BofA sees even more gains ahead
▼ + stars: | 2023-08-12 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The Spanish lender's U.S.-listed shares are up 32% in 2023, on pace for their biggest annual gain since 2009 — when they rallied 73%. SAN YTD mountain SAN in 2023 Bank of America thinks the 166-year-old bank can build on its strong 2023 performance, saying it trades at a low relative valuation. Reale has a price target of $5.09 per share on Santander's U.S.-listed shares. Last month, Santander reported second-quarter net income and revenue that exceeded analyst expectations. On top of that, Reale said Santander has "de-risked its book, shifting its mix from subprime to prime clients.

Persons: Wells, Goldman Sachs, Antonio Reale, …, Reale, America's Reale, Michael Bloom Organizations: Banco Santander, JPMorgan Chase, Citigroup, Bank of America, Santander, of America, U.S, America's Locations: Spanish, U.S, Wells Fargo, Santander, Europe, Spain, Brazil

☆ MLB roundup: Wander Franco's walk-off HR caps Rays' wild win
▼ + stars: | 2023-08-12 | by ( ) www.reuters.com time to read: +11 min

Franco had three RBIs and Isaac Paredes hit a two-run homer for the Rays, who blew a three-run, ninth-inning lead before Franco's heroics. The Guardians also scored three runs without a hit, tying the game in the ninth on three walks, a hit batter and three wild pitches. Bochy watched Gray (8-5) fire seven shutout innings, with the right-hander allowing just two hits while fanning seven. Jesus Luzardo (8-7) permitted seven runs on nine hits in 3 1/3 innings to lose his second straight start. Assad (2-2) allowed one run, four hits and one walk with two strikeouts in his third start of the season.

Persons: Wander Franco, Jonathan Dyer, Franco, Nick Sandlin, Isaac Paredes, Paredes, Daniel Norris, Andres Gimenez, Manuel Margot fielder's, Myles Straw, Jon Gray, Nathaniel Lowe, Mitch Garver, Bruce Bochy's, Bochy, Gray, Anthony Volpe, Aaron Judge, Kyle Higashioka, Oswaldo Cabrera, Isiah Kiner, Gleyber Torres, Randy Vasquez, Jesus Luzardo, Bryson Stott, Realmuto, Johan Rojas, Trea Turner, Nick Castellanos, Kyle Schwarber, Bryce Harper, Jorge Polanco, Max Kepler, Polanco, Michael A, Taylor, Dallas Keuchel, Austin Riley, Eddie Rosario, Charlie Morton, Mark Vientos, Tylor Megill, Ildemaro Vargas, Keibert Ruiz, Jake Alu, Vargas, Alu's, Ruiz, Stone Garrett, Paul Blackburn, Luke Maile, Elly De La Cruz, Spencer Steer, TJ Friedl, Andrew Abbott, Ke'Bryan Hayes, Andrew McCutchen, Chris Sale, Casas, Tarik Skubal, Kerry Carpenter's, Javier Assad, Cody Bellinger, Nico Hoerner, Bellinger, Hoerner, Ian Happ, Assad, Jose Berrios, Salvador Perez, Louis, Maikel Garcia, Nelson Velazquez, Bobby Witt, Willson Contreras, Adam Wainwright, Jon Singleton, Justin Verlander, Los Angeles . Singleton, Mark Canha, William Contreras, Carlos Santana, Victor Caratini, Eloy Jimenez, Yoan Moncada, Andrew Vaughn, Blake Snell, Xander Bogaerts, Snell, Julio Rodriguez, Crawford, Luis Castillo, Cal Raleigh, Ty France, Anthony Santander, Lance Lynn, Freddie Freeman, Lynn, Brendan Rodgers, Austin Gomber Organizations: Tampa Bay Rays, Cleveland Guardians, Tropicana Field, Rays, Cleveland, Rangers, Giants, Texas, Oracle, Yankees, Marlins, Triple, Phillies, Philadelphia, Twins, Dallas, Braves, Mets, Atlanta, Nationals, Athletics, Oakland, Washington, Reds, Pirates, Cincinnati, Pittsburgh, Red Sox, Tigers, Detroit, Boston, Cubs, Blue Jays, Chicago, Toronto, Brandon, Royals, Cardinals, Kansas City, St, Astros, Angels, Houston, Los Angeles ., Brewers, White Sox, Chicago Cubs, Cincinnati Reds, National League Central, The Brewers, Padres, Diamondbacks, San Diego, Mariners, Orioles, J.P, Seattle, Cal, AL East, Dodgers, Rockies, Angeles, Chicago White Sox, Thomson Locations: St, Petersburg , Florida, USA, St . Petersburg, Fla, Tampa, San Francisco, New York, Miami ., Scranton, Wilkes, Barre, J.T, Minnesota, Boston, Toronto, Los Angeles, Verlander, Houston, Milwaukee, Phoenix, Baltimore, Colorado

Known for offering little to no interest, savings account interest rates have greatly increased as the Federal Reserve raised interest rates several times in 2022 and 2023 to combat inflation. The average savings account interest rate in the US is 0.42% APY, but the account you choose has a big impact on that rate. If you opened a savings account years ago and never looked again, it's likely you're not earning nearly as much as you could. I have my own version of a savings ladder using three savings accounts: an emergency fund, a high-yield savings account, and a savings account for a down payment on a home. Products in this post: Betterment Cash Reserve Account, OceanFirst Bank High Yield Savings Account, Milli Savings Account, SoFi Checking and SavingsJennifer Streaks Senior Personal Finance Reporter and Spokesperson Jennifer is a Senior Personal Finance Reporter and Spokesperson for the Personal Finance vertical at Business Insider.

Persons: it's, aren't, Jennifer, Read Organizations: Federal Reserve, Products, OceanFirst, Business, Black Enterprise Magazine, CNBC, Forbes, Twitter Locations: Santander, Investor.gov

☆ Stingy UK bank saving rates may become a non-issue
▼ + stars: | 2023-08-10 | by ( Liam Proud | ) www.reuters.com time to read: +4 min

LONDON, Aug 10 (Reuters Breakingviews) - Banks are keeping the fruits of higher interest rates for themselves. Between January 2022 and May 2023, the Bank of England hiked rates by 4.25 percentage points. The nine largest UK banks boosted the interest on easy-access savings accounts by 1.18 percentage points, the FCA found. The upshot is that they’ll have to bid more aggressively for funding in the future, for example by raising interest rates on savings accounts. Second-quarter results suggest it too is paying more for funding: interest expense almost doubled between the second half of 2022 and the first half of 2023.

Persons: juicier, BoE, George Hay, Streisand Neto Organizations: Reuters, Authority, Barclays, Lloyds Banking Group, Bank of, FCA, Monday, Reuters Graphics Reuters, NatWest, Barclays ’, Lloyds, Banco Santander, Banco Bilbao Vizcaya Argentaria, European Central Bank, Bank of England, ECB, Spanish, Financial, HSBC, Santander UK, Nationwide Building Society, TSB Bank, Virgin Money, Bank, Thomson Locations: Britain, Spain, Bank of England, Italy, Hungary

☆ Brazilian consumer prices seen virtually flat in July vs June
▼ + stars: | 2023-08-09 | by ( Gabriel Burin | ) www.reuters.com time to read: +3 min

A customer looks at the prices at a supermarket in Rio de Janeiro, Brazil, May 6, 2016. "Moreover, services and core services indexes also improved... although they will continue to be considerably above the inflation target," the analysts noted. Brazil is enjoying benign food inflation trends resulting from a record-breaking crop that may be repeated next season, provided the country's vast production of grains and oilseeds is spared from the impact of the El Nino climatic pattern. Apart from helping to open a window for much awaited interest rate cuts, stable food prices facilitate President Luiz Inacio Lula da Silva's government initiative to raise fuel taxes again in a bid to strengthen Brazil's public accounts. Reporting and polling by Gabriel Burin; Editing by Ross Finley and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Nacho Doce, Luiz Inacio Lula da Silva's, Gabriel Burin, Ross Finley, Jan Harvey Organizations: REUTERS, Santander, El, Thomson Locations: Rio de Janeiro, Brazil

☆ Israeli fintech Vesttoo names new interim CEO
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +2 min

JERUSALEM, Aug 9 (Reuters) - Israeli fintech company Vesttoo said on Wednesday it named Ami Barlev as interim chief executive officer, replacing Yaniv Bertele, who was in charge during a fake collateral scandal. The firm noted Barlev specializes in the areas of corporate governance, business development, crisis management, and managing companies in complex situations. Vesttoo, which uses artificial intelligence technology to connect the insurance industry and capital markets, is also in contact with regulatory bodies worldwide. Vesttoo provides insurers with access to so-called insurance-linked securities - an alternative form of reinsurance. Reporting by Steven Scheer and Carolyn Cohn; Editing by Toby Chopra and David EvansOur Standards: The Thomson Reuters Trust Principles.

Persons: Vesttoo, Ami Barlev, Yaniv Bertele, Barlev, Steven Scheer, Carolyn Cohn, Toby Chopra, David Evans Organizations: Nasdaq, Banco Santander's, Thomson

☆ Italy slaps 40% windfall tax on bank profits
▼ + stars: | 2023-08-08 | by ( ) edition.cnn.com time to read: +1 min

European bank shares tumbled on Tuesday after Italy approved a 40% windfall tax on banks for 2023, sending shivers across the sector that has recorded surging profits as global interest rates have risen. A gauge of euro zone banks fell 3.7%, and was set for its biggest daily drop since the turmoil in the banking sector in March, when Credit Suisse collapsed. Analysts at Bank of America estimated the new tax could cost Italian banks between 2% and 9% of their earnings. For 2023 alone, Italy will tax 40% of banks’ net interest margin, a measure of income banks derive from the gap between lending and deposit rates. Proceeds from the windfall tax will be used to help mortgage holders and cut taxes, Italy’s deputy prime minister said.

Persons: shivers, Intesa, ”, Gilles Guibout, Stuart Cole Organizations: Credit Suisse, Axa Investment, Bank of America, Spain’s Banco Santander, Germany’s Deutsche Bank, DB, Reuters, Equiti Locations: Italy, Europe, Spain, Paris

☆ Profits for Brazil's Itau Unibanco up 14%, beat expectations
▼ + stars: | 2023-08-07 | by ( Peter Frontini | ) www.reuters.com time to read: +2 min

A man is reflected in an Itau branch window in Rio de Janeiro, Brazil April 29, 2019. REUTERS/Sergio Moraes/File PhotoSAO PAULO, Aug 7 (Reuters) - Brazilian lender Itau Unibanco (ITUB4.SA) reported a 14% increase in second-quarter net profit from a year earlier, beating expectations, while also keeping default rates stable, the bank said in a securities filing on Monday. Latin America's biggest private sector lender posted recurring net profit of 8.74 billion reais ($151 million) during the April-to-June period, while analysts polled by Refinitiv expected 8.63 billion reais. Delinquency, measured by a 90-day default ratio, came in at 3.0%, essentially flat compared to the first quarter. Credit costs during the quarter grew 25% from a year earlier to reach 9.44 billion reais, as the lender set aside more money for customers defaulting on loans.

Persons: Sergio Moraes, Itau, Alexsandro Broedel, Peter Frontini, Carolina Pulice, David Alire Garcia, David Gregorio, Kim Coghill Organizations: REUTERS, SAO PAULO, Citi, Santander, Bradesco, Thomson Locations: Rio de Janeiro, Brazil

☆ Israel's Vesttoo in talks with investors over fake collateral scandal
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +1 min

LONDON, Aug 7 (Reuters) - Israeli fintech company Vesttoo is in "active discussions" with potential investors to find alternative collateral for clients after discovering fake letters of credit had been used on its platform, a company spokesperson said on Monday. Vesttoo provides insurers with access to so-called insurance-linked securities - an alternative form of reinsurance. These securities may be backed by collateral in the form of letters of credit. Vesttoo was working with the markets to find alternative collateral, it said in the statement. Vesttoo said a core team of more than 50 people was working to seek alternative collateral, and the company would meet all its commitments to suppliers and consultants.

Persons: Vesttoo, Yaniv Bertele, Carolyn Cohn, David Goodman, Mark Potter Organizations: Banco Santander's, Thomson

☆ Orioles stay hot, add to Mets' road woes
▼ + stars: | 2023-08-06 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/58] Aug 5, 2023; Baltimore, Maryland, USA; Baltimore Orioles pitcher Kyle Gibson (48) delivers a pitch during the first inning against the New York Mets at Oriole Park at Camden Yards. Kyle Gibson struck out nine in seven innings to become the Orioles' first 11-game winner of the season. Jeff McNeil hit a two-run home run and a run-scoring single for the Mets, who've lost five in a row. The American League East-leading Orioles jumped on top before the Mets recorded an out with Henderson's two-run home run. Brandon Nimmo and Francisco Lindor joined McNeil with two hits for the Mets, who've dropped their last six road games.

Persons: Kyle Gibson, Gregory Fisher, Gunnar Henderson, Anthony Santander, Gibson, Danny Coulombe, Yennier Cano, Jeff McNeil, who've, Tylor, Ryan O'Hearn, Jordan Westburg, Ramon Urias, Ryan McKenna's, Brandon Nimmo, Francisco Lindor Organizations: Baltimore Orioles, New York Mets, Oriole, Camden Yards, USA, Orioles, Baltimore, Mets, American League East, Santander, O'Hearn, Rutschman, McNeil, Thomson Locations: Baltimore , Maryland, USA, Baltimore, Santander

☆ Orioles shooting for sweep of sputtering Mets
▼ + stars: | 2023-08-06 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

"It's really fun to have the fans there to support us, and it's really fun to be out there," Orioles outfielder Anthony Santander said. The Orioles go into Sunday afternoon's game against the visiting New York Mets looking to add to their latest surge of six wins in their last seven games. "The energy in the ballpark the entire game was fantastic," Orioles manager Brandon Hyde said, referring to the atmosphere surrounding Saturday night's 7-3 win. "Not where I want to be, not where the team wants to be. Left-hander Jose Quintana (0-2, 3.57) gets the call for the Mets in just his fourth big-league game of the season.

Persons: Anthony Santander, Brandon Hyde, They've, We're, Hyde, Jeff McNeil, McNeil, Kyle Bradish, Jose Quintana, Jimmy Yacabonis, John Curtiss, Reed Garrett, Colton Cowser Organizations: Baltimore Orioles, Orioles, New York Mets, American League East, Baltimore, Miami Marlins, Mets, Triple, Thomson Locations: Syracuse, Baltimore

☆ MLB roundup: White Sox overcome brawl, dispatch Guardians
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +11 min

Chicago starter Michael Kopech (5-10) limited the Guardians to two runs and three hits in 5 1/3 innings. Texas starter Jon Gray (7-5) earned the win, allowing five runs (three earned) on six hits in 5 1/3 innings. Tyler O'Neill hit a homer for the Cardinals, who won for just the third time in their last nine games. Ryan McMahon hit his 100th career home run for the Rockies, who lost for the third time in four games. Cardinals starting pitcher Steven Matz (3-7) held the Rockies to one run on five hits and two walks in six innings.

Persons: Steven Kwan, Luis Robert Jr, Ken Blaze, Andrew Vaughn, Oscar Colas, Elvis Andrus, Jose Ramirez, Tim Anderson, Anderson, Ramirez, Emmanuel Clase, Mike Sarbaugh, Michael Kopech, Noah Syndergaard, Will Brennan, Blake Perkins, Victor Caratini, Angel Perdomo, Brian Anderson, Mark Canha, Yelich's groundout, William Contreras, Perkins, Sal Frelick's, Jason Delay, Jake Bauers, Justin Verlander, Anthony Volpe, Gleyber Torres, Kendall Graveman, Torres, Nestor Cortes, Jose Altuve's, Jake Rogers, Aaron Civale's, Akil Baddoo, Tarik Skubal, Beau Brieske, Dansby Swanson, Jeimer Candelario, Ian Happ, Cody Bellinger, Candelario, Michael Fulmer, Matt Olson, Ozzie Albies, Bryce Elder, Robbie Grossman, Grossman, Jon Gray, Jake Burger, Will Smith, Rafael Devers, Jose Berrios, Manny Machado, Diego, Juan Soto, Sanchez, Seong Kim, Enrique Hernandez, Machado, Jake Cronenworth, Grisham, Alex Vesia, George Kirby, Julio Rodriguez, Kirby, Randal Grichuk, Shohei Ohtani, Joan Adon, Lane Thomas, Keibert Ruiz, TJ Friedl, Trea Turner, Philadelphia's, Matt Strahm, Angel Zerpa, Craig Kimbrel, Gunnar Henderson, Anthony Santander, Kyle Gibson, Gibson, Danny Coulombe, Yennier Cano, Brandon Nimmo, Francisco Lindor, Jeff McNeil, Seth Brown, Jordan Diaz, Joc Pederson, Angel Felipe, Trevor May, Ryan Walker, Scott Alexander, Ryan Jeffers, Max Kepler, Michael A, Taylor, Kenta Maeda, Lourdes Gurriel Jr, Ryne Nelson, Willson Contreras, Tommy Edman, Louis, Tyler O'Neill, Ryan McMahon, Steven Matz, Ty Blach Organizations: Cleveland Guardians, Chicago White Sox, Progressive, Cleveland, Guardians, Los Angeles Dodgers, White Sox, Brewers, Pirates, Milwaukee, Pittsburgh, Yankees, Astros, New York, Houston, Tigers, Rays, Detroit, Tampa Bay, Detroit ., Cubs, Braves, Chicago, Atlanta, Rangers, Marlins, Miami, The Rangers, Blue Jays, Red Sox, Toronto, Boston, Padres, Dodgers, The Dodgers, Mariners, Angels, Seattle, Nationals, Reds, Cincinnati, Phillies, Royals, Kansas City, National League, Orioles, Mets, Baltimore, New, Athletics, Giants, Oakland, Bay Area, The Giants, Diamondbacks, Minnesota, American League Central, Cardinals, Rockies, Colorado, Thomson Locations: Cleveland , Ohio, USA, Cleveland, Chicago, Milwaukee, Seattle, Texas, Arlington , Texas, Miami, Toronto, Los Angeles, Anaheim , Calif, Washington, New York, San Francisco, Minnesota, Arizona, Minneapolis

☆ Orioles beat up on Blue Jays in Hyun Jin Ryu's debut
▼ + stars: | 2023-08-02 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

[1/37] Aug 1, 2023; Toronto, Ontario, CAN; Toronto Blue Jays starting pitcher Hyun Jin Ryu (99) pitches to the Baltimore Orioles during the first inning at Rogers Centre. Mandatory Credit: John E. Sokolowski-USA TODAY SportsAugust 2 - Anthony Santander was 3-for-4 with a grand slam and right-hander Kyle Bradish pitched seven innings to lead the visiting Baltimore Orioles past the Toronto Blue Jays 13-3 on Tuesday night. The Orioles have won all five games in Toronto and lead the season series with the Blue Jays 7-1. Danny Jansen hit a two-run home run and Brandon Belt added a solo shot for the Blue Jays. Jordan Hicks, obtained in a trade with the St. Louis Cardinals on Sunday, allowed Ryan McKenna's two-run single in the ninth in his Blue Jays debut.

Persons: Hyun Jin Ryu, John E, Anthony Santander, Kyle Bradish, Gunnar Henderson, Ryan Mountcastle, Danny Jansen, Tommy John, Mountcastle, Henderson, Ramon Urias, Chapman, Jansen, Ryu, Jorge Mateo, Genesis Cabrera, Austin Hays, Nate Pearson, Jordan Hicks, Ryan McKenna's, Bo Bichette, Paul DeJong, Louis, Baltimore, Jack Flaherty, St Organizations: CAN, Toronto Blue Jays, Baltimore Orioles, Rogers Centre, Orioles, Blue Jays, Toronto, Brandon, Baltimore, Santander, Louis Cardinals, Thomson Locations: Toronto , Ontario, Toronto

☆ Orioles, fortified at deadline, ready to continue run vs. Blue Jays
▼ + stars: | 2023-08-02 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

August 2 - The visiting Baltimore Orioles, who fortified their pitching by adding right-hander Jack Flaherty at the trade deadline on Tuesday, will try to maintain their dominance of the Toronto Blue Jays on Wednesday night. The Orioles are 7-1 against the Blue Jays and have clinched the season series. The Blue Jays also made a deal with the Cardinals, acquiring shortstop Paul DeJong, who did not play Tuesday. "(DeJong) is an interesting fit for us without the injury," Blue Jays general manager Ross Atkins said. The Blue Jays are scheduled to start left-hander Yusei Kikuchi (8-3, 3.79) on Wednesday.

Persons: Jack Flaherty, Kyle Gibson, Kyle Bradish, Flaherty, Mike Elias, We've, Paul DeJong, Bo Bichette, Santiago Espinal, Ross Atkins, Matt Svanson, Jordan Hicks, Yusei Kikuchi, Grayson Rodriguez, Anthony Santander Organizations: Baltimore Orioles, Toronto Blue Jays, Orioles, Blue Jays, American League East, Louis Cardinals, Cardinals, Jays, Baltimore, AL East, Toronto, Thomson Locations: Toronto

☆ MLB roundup: Astros' Framber Valdez no-hits Guardians
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +12 min

Elias Diaz had three doubles and Jurickson Profar also had three hits for the Rockies, who have lost five of their past seven games. Eugenio Suarez homered and drove in three runs for the Mariners, who lost for just the second time in their past seven games. Pirates 4, Tigers 1Liover Peguero hit a two-run homer and Johan Oviedo pitched seven strong innings as Pittsburgh topped visiting Detroit. He set the record with 130 innings pitched last year and broke it on Tuesday at 123 1/3 innings. Orioles 13, Blue Jays 3Anthony Santander was 3-for-4 with a grand slam and right-hander Kyle Bradish pitched seven innings to lead visiting Baltimore past Toronto.

Persons: Framber Valdez, Troy, Oscar Gonzalez, Valdez, Kyle Tucker, Gavin Williams, Dansby Swanson, Cody Bellinger, Mike Tauchman, Nico Hoerner, Patrick Wisdom, Miguel Amaya, Justin Steele, Tyler Stephenson, Matt McLain, Cincinnati's Ben Lively, Juan Soto, Fernando Tatis Jr, Jake Cronenworth, Robert Suarez, Ryan McMahon, Elias Diaz, Jurickson Profar, Peter Lambert, Alex Verdugo, Reese McGuire, Brayan Bello, Bello, Kenley Jansen, Eugenio Suarez, Bryce Miller, Lance Lynn, Enrique Hernandez, Clayton Kershaw, Mookie Betts, Chris Taylor, Ken Waldichuk, James Outman, Tayler Scott, Waldichuk, Hernandez, Peguero, Johan Oviedo, Endy Rodriguez, Josh Palacios, Akil Baddoo, Matt Manning, Zach Eflin, Randy Arozarena, Yandy Diaz, Carlos Rodon, Michael Harris, Spencer Strider's, Patrick Sandoval, Ozzie Albies, Matt Olson's, Donovan Solano, Louis, Pablo Lopez, Jhoan Duran, Tyler O'Neill's, Miles Mikolas, Bryce Harper, Nick Castellanos, Sandy Alcantara, David Robertson, Philadelphia's Seranthony Dominguez, Gregory Soto, Luis Arraez, MJ Melendez, Francisco Alvarez, Carlos Hernandez, Bobby Witt Jr, Brooks Raley, Maikel Garcia, Witt, Josh Walker, Melendez, Pete Alonso, Garcia, Brice Turang, Joey Wiemer, Andruw Monasterio, William Contreras, Freddy Peralta, Josiah Gray, CJ Abrams, Jake Alu, Anthony Santander, Kyle Bradish, Gunnar Henderson, Hyun Jin Ryu, Tommy John, Danny Jansen, Mitch Garver, Adolis Garcia, Andrew Heaney, Heaney, Josh Sborz, Aroldis Chapman, Will Smith, Jesse Scholtens, LaMonte Wade Jr, Brandon Crawford, Lourdes Gurriel Jr, Alek Thomas, Ketel Marte, Miguel Castro, Wade, Ryan Walker Organizations: Houston Astros, Cleveland Guardians, Cubs, Reds, National League Central, Wrigley Field, Padres, Rockies, Colorado, Red Sox, Mariners, Boston, Dodgers, Athletics, Los Angeles, Oakland, Chicago White Sox, Toronto Blue Jays, Cincinnati Reds, Tigers, Pittsburgh, Detroit, Pirates, Oviedo, Yankees, Tampa Bay, Rays, Braves, Angels, Atlanta, Cardinals, Minnesota, Phillies, Marlins, Philadelphia, Miami, New York Mets, Royals, Mets, Kansas City, New York, Brewers, Nationals, Milwaukee, Washington, Orioles, Blue Jays, Baltimore, Toronto, Brandon, Rangers, White Sox, Texas, Chicago, Giants, Diamondbacks, San, National League West, Thomson Locations: Houston , Texas, USA, Troy Taormina, Cincinnati, Chicago, Diego, Denver, Seattle, Angeles, Los Angeles, Tampa, New York, Atlanta, Los, New, Toronto, Arlington , Texas, San Francisco, Arizona

☆ Silver Lake raises 1 bln euros in loans for Software AG takeover
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

LONDON, Aug 1 (Reuters) - Silver Lake (SILAK.UL) on Tuesday raised a 1 billion euro ($1.10 billion) seven-year loan to fund its takeover of Germany's Software AG (SOWGn.DE), breathing new life into the sluggish syndicated leveraged loan market. The loan is split between 640 million euros and $405 million, paying a margin of 475 basis points (bps) over the benchmark rate, according to a term sheet seen by Reuters. On July 20, the U.S. private equity firm announced it had secured a 84.29% stake in Software AG, subject to closing of the tender offer, adding that the transaction was expected to close in the fourth quarter pending regulatory approvals. Software AG shares were last up 0.3% on the day in Frankfurt. They have fallen by 13% since hitting a multi-month high after Silver Lake's offer in April this year.

Persons: Silver, Chiara Elisei, Amanda Cooper Organizations: Germany's Software AG, Reuters, Banks, JPMorgan, Citigroup, Banco Santander, Software AG, Thomson Locations: U.S, Frankfurt

☆ Middle-income Americans think prosperity is within reach
▼ + stars: | 2023-07-31 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

Santander recently released a quarterly survey of about 2,250 middle-income bank and financial services customers (defined as having household incomes between $47,000 and $142,000.) Illegal child labor is on the rise in a tight job marketUS child labor violations have jumped in recent years. Now, the Department of Labor has announced actions it’s taken so far this year through a new interagency task force on child labor. Between October 1, 2022, and July 20, 2023, the Department of Labor concluded 765 child labor cases, found 4,474 children employed in violation of federal child labor laws and assessed more than $6.6 million in penalties against employers, the agency announced on Thursday. In addition, the Wage and Hour Division of the Labor Department is currently pursuing more than 700 open child labor cases.

Persons: New York CNN —, Tim Wennes, “, ”, Bell, they’re, they’ll, they’ve, That’s, We’re, we’ve, BlackRock, Tupperware, it’s, Labor Julie Su, Jordan Barab, Obama, Barab Organizations: CNN Business, Bell, New York CNN, Federal, Heartland Tri, State Bank of, Federal Deposit Insurance Corporation, First Bank, Spain’s Santander, SC, Santander, New York Stock Exchange, GameStop, AMC, Libra Investment, Department of Labor, Labor, Occupational Safety, Health Administration, Labor Department Locations: New York, PacWest, Banc, California, State Bank of Elkhart , Kansas, America, United States, Santander, Florida, noncompliance, Tupperware

☆ MLB roundup: Mets beat Nats for Justin Verlander's 250th win
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +11 min

Williams allowed five runs on seven hits and four walks while striking out two over four innings. Left-hander Tyler Anderson gave up one run on seven hits over 6 1/3 innings, and Carlos Estevez (5-1) earned the win. Yarbrough (4-5) needed just 78 pitches to complete seven innings, allowing a run on seven hits with five strikeouts and no walks. He allowed three runs on seven hits with six strikeouts and two walks as the Diamondbacks lost for the eighth time in 10 games. The Rangers pulled to within a run in the top of the sixth on Marcus Semien's two-run single off Padres reliever Nick Martinez.

Persons: Justin Verlander, John Jones, CJ Abrams, Pete Alonso, Trevor Williams, Francisco Lindor, Ildemaro Vargas, Williams, Joc Pederson, Tristan Beck, Patrick Bailey, Casey Schmitt, Brandon Crawford bunted, Mauricio Llovera, Justin Turner, Adam Duvall, Hunter Renfroe, Renfroe, Tyler Anderson, Carlos Estevez, Yimi Garcia, Whit Merrifield, Vladimir Guerrero Jr, Adam Frazier, Adley Rutschman, Anthony Santander's, Gunnar Henderson, Ryan O'Hearn's, Mike Baumann, Dean Kremer, Luis Severino, Matt Olson, Milwaukee . Olson, Joel Payamps, Austin Riley, Marcell Ozuna, Ronald Acuna Jr, Kirby Yates, Christian Yelich, Carlos Santana, William Contreras, Josh Palacios, Bryan Reynolds, Angel Perdomo, Andrew Vasquez, Alec Bohm, Bryce Harper, Cristopher Sanchez, Garrett Cooper, Jean Segura, Avisail Garcia, Jorge Lopez, David Robertson, Miguel Cabrera, Kerry Carpenter, Ryan Yarbrough's, Yarbrough, Freddy Fermin, Kenta, Matt Wallner, Maikel, Josh Lowe, Brandon Lowe, Zack Littell, Kyle Tucker, Alex Bregman, Brandon Bielak, Jose Ramirez, Aaron Civale, Ramirez, Luis Robert Jr, Tim Anderson, Yoan Moncada, Andrew Vaughn, Michael Kopech, Steven Matz, Giovanny Gallegos, JoJo Romero, Louis, Matz, Tyler O'Neill, Andrew Knizner, Paul Goldschmidt, Kyle Hendricks, Ryan McMahon, Ty Blach, Nolan Jones, Justin Lawrence, Ramon Laureano, Elly De La Cruz, Matt McLain, Joey Votto, De La Cruz, Graham Ashcraft, Freddie Freeman, J.D, Martinez, Will Smith, Michael Grove, Luis Castillo, J.P, Crawford, Castillo, Merrill Kelly, Gary Sanchez, Blake Snell didn't, Sanchez, Jose Leclerc, Brock Burke, Marcus Semien's, Nick Martinez, Josh Hader, Hader, Josh Jung Organizations: New York Mets, Washington Nationals, Citi Field, USA, Nationals, Giants, Red Sox, San Francisco, Boston, Blue Jays, Los Angeles, Toronto, Angels, Orioles, Yankees, New, Baltimore, Santander, Braves, Brewers, Atlanta, Milwaukee, Pirates, Phillies, Pittsburgh, Philadelphia, Marlins, Tigers, Miami, Royals, Kansas City, Minnesota, Rays, Astros, Tampa Bay, Houston, White Sox, Cleveland, Chicago, Cardinals, Cubs, Rockies, Athletics, Colorado, Oakland, Dodgers, Reds, Cincinnati, Los, Mariners, Diamondbacks, Arizona, Padres, Rangers, San, Texas, Thomson Locations: New York City , New York, USA, San, New York, Milwaukee, Detroit, Denver, Los Angeles, Seattle, Phoenix, Arizona, Diego, Texas, San Diego, Nick Martinez . Texas

☆ Britain's banks told to justify low savings rates by end of August
▼ + stars: | 2023-07-31 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

REUTERS/Henry Nicholls/File PhotoLONDON, July 31 (Reuters) - Britain's banks and building societies have until the end of August to justify to regulators why some of their savings rates are low or face sanctions, the markets watchdog said on Monday, as Bank of England rates look set to rise to their highest since 2008. Smaller lenders offer higher savings rates than their bigger rivals, the FCA added. "Firms offering the lowest savings rates will be required to justify by the end of August how those rates offer fair value, according to the consumer duty that enters into force today," the FCA said in a statement. Banks and building societies offering the lowest rates have to complete a "fair value" assessment for the regulator by the end of August. The FCA will also review the timing of changes to savings rates each time BoE rates move, publish an analysis every six months of easy-access rates, analyse how savings products contribute to profitability and, by the end of March 2024, review how firms engage with customers.

Persons: Henry Nicholls, Banks, BoE, Huw Jones, Kevin Liffey Organizations: REUTERS, Bank of, Financial Conduct Authority, Lloyds, HSBC, NatWest, Santander UK, Barclays, Nationwide Building Society, TSB Bank, Virgin Money, Bank, FCA, Thomson Locations: London, Britain

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