Reported 5 months ago
The US Department of Commerce is extending its investigation into chip-gear maker Applied Materials Inc. due to concerns about shipments to Chinese customers and compliance with trade restrictions. Applied Materials has received subpoenas from the Commerce Department’s Bureau of Industry and Security, as well as inquiries from the US Attorney’s Office and the Securities and Exchange Commission. The company is cooperating with the government but cannot predict the outcome or potential penalties related to these matters. The investigation is part of broader efforts to restrict the export of advanced chipmaking equipment to China to protect national security, impacting companies like Applied Materials that rely on Chinese markets for revenue.
Source: YAHOO
Reported 5 months ago
De'Aaron Fox, the Kings star point guard, and his wife Recee have announced they are expecting their second child together. The couple shared the news on Instagram, expressing their excitement to grow their family. Their first child, Reign, was born in February 2023 and has become a beloved figure within the Sacramento community. The Fox family received warm wishes from friends in the NBA, and fans are eager to see how De'Aaron's performance on the court may be influenced by this upcoming addition to their family.
Source: YAHOO
Reported 5 months ago
Colorado safety Shilo Sanders, son of Deion Sanders, is facing scrutiny over his NIL income after declaring bankruptcy following a $12 million lawsuit loss for assault. The incident dates back to 2015 when Shilo allegedly attacked a security guard. Sanders' financial situation and assets have come under question, with discrepancies in his reported wealth compared to his public displays of luxury on social media. Despite this, he remains focused on his college football career and potential future in the NFL.
Source: YAHOO
Reported 5 months ago
Corey Heim was disqualified after leading 72 laps and winning both stages at the Craftsman Truck Series race at Charlotte Motor Speedway due to three lugnuts not being secure in post-race inspection. Despite multiple pit-road errors, Heim fought his way back into the top 10 but ultimately finished in second before being disqualified, resulting in a 36th-place finish. Heim, who was second in the driver standings and had three wins, now looks ahead to the Toyota 200 at World Wide Technology Raceway.
Source: YAHOO
Reported 5 months ago
Millennium Management demanded significant changes at Weiss Multi-Strategy Advisers in failed takeover talks, including cutting staff, expelling clients, and controlling finances. The negotiations, which took place in late February and fell apart when Millennium walked away, were revealed in email correspondence made public as part of Weiss's bankruptcy proceedings. Millennium also requested that Weiss' Chief Investment Officer step down and sought new contracts for portfolio managers with firm protections, offering up to $30 million to repay obligations.
Source: YAHOO
Reported 5 months ago
After a slow start to the 2024 MLB season with the Giants, All-Star third baseman Matt Chapman has turned his performance around with the help of behind-the-scenes work with San Francisco legend Barry Bonds and hitting coach Pat Burrell. Chapman's recent success at the plate, including hitting three home runs in three consecutive games, has been attributed to his work with Bonds and hitting coach Justin Viele, focusing on getting back on top of fastballs. Chapman credits his early struggles to adjusting to a new team and division but is now feeling more comfortable and confident in his play. The Giants are aiming to maintain Chapman's hot streak and continue their winning momentum in upcoming games.
Source: YAHOO
Reported 5 months ago
Bridgerton star Bessie Carter, known for her role as Prudence Featherington, surprised fans by revealing that she is the only child of actors Imelda Staunton and Jim Carter. The news of her Hollywood lineage sparked reactions on social media, with fans expressing shock and amusement at the star-studded family connection. Bessie, who has worked alongside her parents in various projects, shared that she didn't realize the extent of her parents' fame until later in her childhood and emphasized their humility and focus on giving back to others. The article also highlights responses from other celebrity offspring, including Dakota Johnson, Emma Roberts, and Kate Hudson, on the topic of nepotism in the entertainment industry.
Source: YAHOO
Reported 5 months ago
The U.S. Department of Agriculture announced the detection of bird flu in beef for the first time in a sick dairy cow, but assured consumers that the meat did not enter the food supply and remains safe to eat. The virus was found during routine inspections of carcasses, and while bird flu has been found in dairy herds in nine states and prompted the slaughter of millions of birds, this is a new development. The USDA has been testing ground beef for the virus at retail stores, but no signs have been found yet. Cooking beef to the proper temperature will kill the virus. The public health risk remains low, with only two farmworkers contracting bird flu this year, and one other human case reported in 2022.
Source: YAHOO
Reported 5 months ago
Trea Turner has joined the Phillies on their road trip to Colorado and San Francisco as he continues to rehab a hamstring strain. Despite initially expecting to miss six weeks, Turner has progressed quickly and is now participating in various baseball activities. The Phillies are cautious with his recovery to prevent re-injury, and if all goes well, Turner may start running the bases at full speed in San Francisco. In Turner's absence, Edmundo Sosa has been performing well as the primary shortstop for the team.
Source: YAHOO
Reported 5 months ago
Elon Musk's brother, Kimbal Musk, is the next-largest individual insider investor in Tesla after Elon Musk, owning approximately 0.05% of Tesla stock. In terms of institutional owners, Vanguard holds the largest position with more than 7.2% of outstanding Tesla stock, followed closely by BlackRock with about 5.9%. Despite Tesla's recent stock decline compared to the S&P 500, investors are divided on its future potential, with some believing the company will rebound while others are more pessimistic. Conducting a thorough analysis is recommended before deciding whether to invest in Tesla.
Source: YAHOO
Reported 5 months ago
An Israeli private investigator, Amit Forlit, who was arrested in London on cybercrime and wire fraud charges, had previously been questioned by FBI agents about his work for the Washington public affairs firm DCI Group. This revelation indicates a broader U.S. investigation into cybermercenary activities than previously known. Forlit was released on bail after his initial arrest, and his lawyers did not respond to inquiries. The FBI declined to comment, while DCI Group stated that they require compliance with the law from all employees and consultants. Forlit is also facing a lawsuit in New York federal court for his alleged involvement in the theft of emails from aviation executive Farhad Azima in 2016, with court records showing business ties between Forlit and DCI Group.
Source: YAHOO
Reported 5 months ago
Source: NBCSPORTS
Reported 5 months ago
Stanford senior golfer Karl Vilips broke his 3-wood in frustration during a tournament, but rebounded by birdieing three of his last four holes to help Stanford qualify for the NCAA Championship. Despite not having his 3-wood, Vilips used a driving iron to shoot 3-under 69 in the opening round of the championship, just one shot behind the individual leader. Vilips, who had initially struggled with his game at Stanford, has since improved by taking ownership of his game and self-diagnosing issues, leading to a more successful junior and senior year.
Source: YAHOO
Reported 5 months ago
Kevin Harlan, a veteran NBA announcer, may soon be ending his nearly 40-year partnership with TNT following reports that NBC outbid Warner Bros. Discovery for the NBA rights package in the league's next media deal. Harlan expressed gratitude for his time with TNT and hopes to continue calling NBA games, potentially with NBC or Amazon starting in the 2025-26 season. Despite uncertainties, he remains focused on delivering his best performance for the remaining games in the current series.
Source: YAHOO
Reported 5 months ago
German landlord Adler Group SA has reached an agreement with a majority of bondholders to restructure debt and inject liquidity into the company, marking its second debt overhaul in two years. The deal involves extending debt maturities, converting second-lien notes into new notes, receiving new money, and holding back proceeds from property sales. The agreement aims to address cash flow challenges faced by Adler, which struggled to raise funds through property sales. Bondholders will be treated equally in the deal, with voting securities offered, as Adler addresses its debt restructuring challenges.
Source: YAHOO
Reported 5 months ago
The Institute for Fiscal Studies warns that the next UK government, facing the toughest fiscal challenge in 70 years, must be realistic about the difficult choices ahead, as high debt, interest rates, and low growth constrain options. Both major parties are expected to release manifestos soon, with plans to stabilize a debt burden near 100% of GDP by either implementing spending cuts, raising taxes, or borrowing more. The IFS emphasizes the need for an honest debate on these issues despite politicians' reluctance to specify their choices during an election campaign.
Source: YAHOO
Reported 5 months ago
Bethenny Frankel was turned away from a Chanel store in Chicago for wearing a T-shirt, prompting her to return the next day dressed in a skirt suit and heels to test if her appearance would make a difference. The store worker had initially mentioned she needed an appointment, but Frankel believed she was rejected due to her casual attire. After being allowed into the store on her second attempt, Frankel criticized the experience as elitist and exclusionary, advocating for inclusivity and kindness in customer service. The incident sparked mixed reactions on social media, with some calling it discrimination and others downplaying it.
Source: YAHOO
Reported 5 months ago
Major League Baseball reached out to the Chicago White Sox to explain the controversial game-ending interference call in their recent loss to the Baltimore Orioles, stating that the call should not have been made. The umpire called interference on player Andrew Vaughn for unintentionally stepping in the shortstop's path to the ball, ultimately ending the game. The White Sox, along with many others, disagree with the umpire's judgement on the call and aim to move past the incident in their upcoming games.
Source: YAHOO
Reported 5 months ago
The Indiana Pacers have listed All-NBA guard Tyrese Haliburton as questionable for Game 3 of the Eastern Conference finals due to a sore left hamstring, while the Boston Celtics have ruled out center Kristaps Porzingis for the matchup. Haliburton's status remains uncertain after leaving Game 2 early, but the Celtics, who lead the series 2-0, will also likely be without backup center Luke Kornet due to a wrist injury. Boston aims to secure two more wins to advance to their second NBA Finals in three years.
Source: YAHOO
Reported 5 months ago
The article discusses how to protect wealth amidst potential market volatility by investing in specific ETFs, dividend kings, and stable stocks. It emphasizes the importance of focusing on companies with strong foundations to weather market fluctuations. The recommended investments include the Vanguard Value Index Fund ETF, Coca-Cola as a Dividend King with a long history of dividend payments, and Microsoft as a solid stock with diverse revenue streams. Additionally, it suggests considering high-yield alternatives like the Ascent Income Fund and Arrived Private Credit Fund for diversification and stable returns.
Source: YAHOO
Reported 5 months ago
Former UFC fighter Paige VanZant had a cheeky face-off with Elle Brooke, her opponent for the upcoming Misfits Boxing match, at the MF & DAZN: X Series 15 weigh-ins in Houston. VanZant is making her boxing debut against Brooke, the current women's middleweight champion, in a title challenge event. Brooke, who transitioned from adult film star and OnlyFans creator to influencer boxing in 2022, holds the Misfits 125-pound title and has a record of 4-1 since her debut.
Source: YAHOO
Reported 5 months ago
As "And Just Like That..." season 3 begins filming in New York City, fans are excited to see Sarah Jessica Parker and the cast back on set, reminiscent of the iconic fashion moments from "Sex and the City." The original series became a cultural phenomenon around its third season in 2001, with fans eagerly anticipating Carrie Bradshaw's wardrobe choices. The cast and costume department have embraced social media to share behind-the-scenes glimpses, as seen in throwback photos showing Parker's bold and stylish looks from various seasons of the show.
Source: YAHOO
Reported 5 months ago
A New Jersey electrician, Christopher Joseph Quaglin, was sentenced to 12 years in prison for repeatedly attacking police officers during the Capitol riot on January 6, 2021. Quaglin insulted and argued with the judge before and after receiving his sentence, calling the judge "Trump's worst mistake of 2016." Quaglin clashed with police for hours during the riot, assaulting officers with stolen shields, bike racks, and pepper spray. Prosecutors sought a 14-year sentence, emphasizing Quaglin's violent actions and intent to disrupt Congress. The judge convicted Quaglin of multiple assaults and emphasized the severity of his actions on that day.
Source: YAHOO
Reported 5 months ago
Instagram users in the U.S. experienced issues with accessing the platform, viewing stories, uploading posts, and sending direct messages as reported by DownDetector.com. The problems peaked around 12:30 PM Pacific time, leading to panic among users ahead of the holiday weekend. Parent company Meta was investigating the cause and promised an update by 5 PM Pacific time, while their Facebook service seemed to be unaffected. Instagram had faced similar outages earlier in the year.
Source: YAHOO