Thus far the ongoing battle between the PGA Tour and LIV Golf has only resulted in a fracture in the men’s professional game and disillusioned fans. Now, it will be the centerpiece of a made-for-TV match later this year.The PGA Tour’s Rory McIlroy and Scottie Scheffler are set to face LIV’s Bryson DeChambeau and Brooks Koepka in a primetime match on TNT. Golfweek first reported the news, but it was confirmed to The Athletic via a person briefed on the agreement, who was not authorized to speak publicly about the match.Set to be held in Las Vegas in mid-December, the…
Author: usaeverydaylife
Beyond Meat in El Segundo, California, on May 30, 2024.Christina House | Los Angeles Times | Getty ImagesBeyond Meat will introduce a whole-muscle steak alternative as part of its pivot to win over health-conscious consumers.CEO Ethan Brown said on Wednesday that the rollout will likely include a partnership with a restaurant chain known for serving healthier food, a departure from its prior strategy of teaming up with fast-food chains such as Dunkin’ and McDonald’s.More than six months ago, Beyond announced a turnaround strategy that included cutting costs, hiking prices and discontinuing the jerky product it made through a joint venture…
Vice President Kamala Harris boards Air Force Two at Joint Base Andrews in Maryland on September 4, 2024. Erin Schaff | The New York Times | Via ReutersVice President Kamala Harris on Wednesday proposed a 28% tax on long-term capital gains for households with an annual income of $1 million or more, lower than the 39.6% rate President Joe Biden laid out in his 2025 fiscal year budget.”We will tax capital gains at a rate that rewards investment in America’s innovators, founders and small businesses,” the Democratic presidential nominee said at a rally in North Hampton, New Hampshire. The Wall Street…
Global online shopping platform Temu.Bloomberg | Bloomberg | Getty ImagesTwo U.S. Consumer Product Safety Commission members are urging the agency to probe safety practices of “foreign-owned” e-commerce platforms like Shein and Temu, specifically the alleged sale of “deadly baby and toddler products.”In a letter late Tuesday, CPSC Commissioners Peter Feldman and Douglas Dziak said the agency should examine Temu and Shein’s safety and compliance controls, relationships with third-party sellers and consumers, and “any representations they make when products are imported.””We seek to better understand these firms, particularly their focus on low-value direct-to-consumer — sometimes called de minimis — shipments and…
ATLANTA — Whit Merrifield has had enough of control-challenged pitchers hitting batters with pitches.The veteran infielder became the latest in a string of Atlanta Braves players hit by fastballs when he was plunked in the back of his head Tuesday by Colorado Rockies rookie Jeff Criswell, and Merrifield said Major League Baseball needs to do something about the situation before someone is seriously injured — or worse.“Where the game’s at right now, it’s just ridiculous,” said Merrifield, who was hit by a 94.5 mph pitch in the seventh inning of the Braves’ 3-0 win, leaving a welt just behind his…
Microsoft’s generative artificial intelligence prospects are impressive. But the stock has more to offer investors than just the new tech. Jim Cramer said Microsoft shares could bottom Wednesday — and out of all the megacap tech stocks, this Club name is the one to buy. Microsoft closed at a record high of $467 on July 5. But then, almost immediately, it began to slide. It got no help from its July 30 earnings report and made a recent bottom in the Aug. 5 market plunge. The stock’s subsequent recovery stalled out late last month and turned lower once again. Exacerbated…
Shares of AST SpaceMobile could soar into the stratosphere, according to Deutsche Bank. The bank reiterated its buy rating on shares of the satellite manufacturer. Simultaneously, analyst Bryan Kraft hiked his price target to $63 from $22. Shares of AST have already popped a whopping 404% this year. Kraft’s updated forecast is approximately 114% higher than the stock’s Tuesday closing price of $29.41. As a major catalyst, Kraft pointed to AST’s timeline for its service availability and satellite launches, the first of which is forecast for September. Deutsche Bank anticipates another four commercial satellites to launch in 2024, followed by…
Nvidia’s headquarters in Silicon Valley.Andrej Sokolow | Picture Alliance | Getty ImagesNvidia on Wednesday denied reports it received a subpoena from the Department of Justice over antitrust concerns. “We have inquired with the U.S. Department of Justice and have not been subpoenaed,” an Nvidia representative told CNBC. “Nonetheless, we are happy to answer any questions regulators may have about our business.”Bloomberg reported Tuesday that Nvidia had received a subpoena, causing the stock to slip in after-hours trading. The chipmaker’s shares had already given up nearly 10% during regular trading on Tuesday.While the report did not specify why regulators have been…
Anna Barclay | Getty ImagesTrump Media shares on Wednesday closed below where they stood at the end of 2023, as the Truth Social maker’s stock continued to slide ahead of the date when majority-owner Donald Trump can begin selling his stake.The DJT slump, which followed a brief surge in mid-July spurred by the former president surviving an assassination attempt, has shaved billions of dollars off the company’s market capitalization.Trump Media ended the trading day at $16.98 per share, a 6% decline on the day.The stock has fallen more than 75% from its intraday peak of $79.38 per share, which it…
It was about as close as an FA Cup-winning manager has come to a mic drop.In a room of journalists who had spent the previous few days reporting on his bosses’ plan to replace him, a bruised, embattled but belligerent Erik ten Hag defended his record as manager of Manchester United.“Two trophies in two years is not bad,” he said. “Three finals in two years is not bad. If they don’t want me, then I go somewhere else to win trophies because that is what I do.”It was a good line, worth repeating, which he did. After Ten Hag’s contract…
