Jerry Reinsdorf says he doesn’t plan to sell the Chicago White Sox: ‘I want to make it better before I go’
Published Thu, 21 Nov 2024 23:03:53 GMT
Those “Sell the team” signs seen at Guaranteed Rate Field the last two seasons haven’t persuaded Chairman Jerry Reinsdorf to take the advice of disgruntled Chicago White Sox fans.Asked during a meeting with selected reporters Thursday why he won’t sell the team, the 87-year-old Reinsdorf had a ready answer.“I’m going to couch this so nobody writes that I thought of selling,” Reinsdorf said. “Friends of mine have said: ‘Why don’t you sell? Why don’t you get out?’ My answer always has been: ‘I like what I’m doing, as bad as it is, and what else would I do?’“I’m a boring guy. I don’t play golf. I don’t play bridge. And I want to make it better before I go.”Reinsdorf is part of a group that has owned the Sox since 1981. They have won one championship in that span, in 2005, the only year they’ve won a playoff series during his regime. The clamor for Reinsdorf to s...Spain soccer coach regrets his support for Luis Rubiales and asks for forgiveness
Published Thu, 21 Nov 2024 23:03:53 GMT
BARCELONA, Spain (AP) — First he backed his beleaguered boss. Then he condemned him. Now he is saying sorry for his part in the scandal that has tarnished Spanish soccer.The coach of Spain’s men’s national soccer team begged for forgiveness Friday for applauding the claim by Luis Rubiales that he was the victim of a smear campaign from “false feminists” following an uproar after he kissed a player on the lips at the Women’s World Cup.“I don’t think I have to resign, I think I have to ask for forgiveness,” Spain coach Luis de la Fuente said in Madrid in his first public appearance since Rubiales kissed Jenni Hermoso on Aug. 20 after the final in Sydney, Australia. “I made a human error. It was inexcusable.”De la Fuente spoke one week after he clapped several times during an emergency general assembly of the Spanish soccer federation when Rubiales, the organization’s president, refused to step down as was expected. Rubiales’ speech included claims that Hermoso ...Rifle slaying of a brown bear in Italy leaves 2 cubs motherless and is decried by locals, minister
Published Thu, 21 Nov 2024 23:03:53 GMT
ROME (AP) — The slaying of an endangered brown bear near an Italian national park left her two young cubs motherless and sparked outrage on Friday in Italy.Voicing anger and dismay over the killing of the bear in the mountainous Abruzzo region were Italy’s environment minister and animal rights advocates. Locals, including families with small children, would stop and watch the bear and her cubs on the animal family’s frequent evening excursions through streets of towns near the park. The National Park of Abruzzo, Lazio and Molise described the slain animal, nicknamed Amarena — or Black Cherry in Italian — as one of its most prolific brown bears. Locals affectionately coined the name because cherries and black cherries were among the bear’s favorite foods, Corriere della Sera daily said.Italian police were investigating the shooting late Thursday night in the town of San Benedetto dei Marsi. The man who shot the bear with a rifle told police the bear was on his property a...US employers added a solid 187,000 jobs in August in sign of a still-resilient labor market
Published Thu, 21 Nov 2024 23:03:53 GMT
WASHINGTON (AP) — The nation’s employers added a solid 187,000 jobs in August in a sign of a still-resilient labor market despite the high interest rates the Federal Reserve has imposed. The job growth marked an increase from July’s revised gain of 157,000 but still pointed to a moderating pace of hiring compared with earlier this year. The unemployment rate rose from 3.5% to 3.8%, the highest level since February 2022 though still low by historical standards.A decelerating job market could help shift the economy into a slower gear and reassure the Fed that inflation will continue to decelerate. The Fed’s streak of 11 interest rate hikes have helped slow inflation from a peak of 9.1% last year to 3.2% now. Given signs that inflation has continued to ease, many economists think the Fed may decide no further rate hikes are necessary.The Fed wants to see hiring slow because intense demand for labor tends to inflate wages and feed inflation. The central bank hopes to achieve...Economy contracts in second quarter as higher interest rates take hold
Published Thu, 21 Nov 2024 23:03:53 GMT
OTTAWA — The Canadian economy appeared to stall in the second quarter as investment in housing continued to fall, led by drop in new construction.Statistics Canada said Friday the economy contracted at an annualized rate of 0.2 per cent in the second quarter.The agency also revised its reading for growth in the first quarter to an annual pace of 2.6 per cent, down from 3.1 per cent.The decline in the second quarter came as housing investment fell 2.1 per cent to post its fifth consecutive quarterly decrease.New construction dropped 8.2 per cent in the quarter, while renovation spending fell 4.3 per cent.The drop in spending came as Canadians face higher borrowing costs fuelled by interest rate hikes by the Bank of Canada, which is trying to bring inflation back to its target of two per cent.The weakness in the second quarter was also attributed to lower inventory accumulations, as well as slower growth in exports and household spending.Exports of goods and services crept up 0.1 per ...With some schools crumbling, UK government orders action on aging concrete risk
Published Thu, 21 Nov 2024 23:03:53 GMT
LONDON (AP) — The British government has ordered more than 100 schools to keep some or all of their buildings closed when the new academic year begins next week because of concern crumbling concrete threatens the safety of children and staff.The announcement, which came late on Thursday, sent school administrators scrambling to find ways to accommodate pupils, with some expected to return to the online instruction used during the COVID-19 pandemic. The timing of the decision, just days before the start of classes, raised questions from parents and school officials about why the government didn’t act sooner.Schools Minister Nick Gibb told the BBC that a beam collapse over the summer sparked an urgent reconsideration of whether buildings constructed with reinforced autoclaved aerated concrete were safe for school children. The Department for Education ordered 104 schools to keep some or all of their buildings closed when the autumn term begins on Monday.“That’s a very cautious approac...Driver dead in single-vehicle crash in Midtown Toronto
Published Thu, 21 Nov 2024 23:03:53 GMT
A driver is dead following a single-vehicle crash in Midtown Toronto.Toronto police said the crash occurred in the Rose Park Drive and Mount Pleasant Road area at around 7:15 a.m. on Friday.Authorities said a driver crashed into a pole, and one man was rushed to a trauma centre, where he died of his injuries.It’s unclear what led to the crash.Toronto police said road closures and delays are expected on Rose Park Drive.COLLISION:Rose Park Dr + Mt Pleasant Rd7:16 a.m.– Vehicle into a pole– The driver was taken to hospital by Medics and was pronounced deceased at the hospital– Any witnesses contact @TrafficServices 416-808-1900– Expect road closures on Rose Park Dr#GO2038762^lb— Toronto Police Operations (@TPSOperations) September 1, 2023Gabon’s opposition candidate alleges the ousted president’s family is behind a plot to retain power
Published Thu, 21 Nov 2024 23:03:53 GMT
DAKAR, Senegal (AP) — Gabon’s opposition leader accused the family of the recently ousted president of engineering his removal from power in order to retain their control in the oil-rich Central African nation.Speaking to French media outlet TV5 Monde Thursday, Albert Ondo Ossa said the junta who ousted Gabon’s president on Wednesday did not engage in a coup but rather a “palace revolution” in order to continue their family’s reign.Soldiers toppled President Ali Bongo Ondimba and put him under house arrest, accusing him of irresponsible governance that risked leading the country into chaos. They then put Bongo’s cousin Gen. Brice Clotaire Oligui Nguema, head of the elite republican guard, in charge. He is expected to be sworn into office on Monday September 4 before the constitutional court. Ossa lost the presidential election in August to Bongo by more than 30 percentage points. The vote was widely criticized by locals and the international community for irregularities and a lack o...Russia’s Putin and Turkey’s Erdogan set to meet amid efforts to repair Ukraine grain deal
Published Thu, 21 Nov 2024 23:03:53 GMT
Russian President Vladimir Putin will host Turkish leader Recep Tayyip Erdogan for talks next week, the Kremlin announced Friday, just over six weeks after Moscow broke off a deal brokered by Ankara and the U.N. that allowed Ukrainian grain to reach world markets safely despite the 18-month war.Kremlin spokesman Dmitry Peskov said Putin and Erdogan would meet Monday in Russia’s Black Sea resort of Sochi.The announcement ended weeks of speculation about when and where the two leaders might meet next as international efforts continue to patch up the Black Sea Grain Initiative, which got agrain and other food to parts of Africa, the Middle East and Asia where hunger is a growing threat.Ukraine and Russia are both major global suppliers of wheat, barley, sunflower oil and other commodities that developing nations rely on. Turkey, together with the United Nations, brokered the deal in July 2022 that allowed Ukraine to resume shipping foodstuffs from three Black Sea ports. Under the initi...Rising tensions between employers and employees have put the labor back in this year’s Labor Day
Published Thu, 21 Nov 2024 23:03:53 GMT
NEW YORK (AP) — Labor Day is right around the corner, along with the big sales and barbecues that come with it. But the activist roots of the holiday are especially visible this year as unions challenge how workers are treated — from Hollywood to the auto production lines of Detroit.The early-September tribute to workers has been an official holiday for almost 130 years — but an emboldened labor movement has created an environment closer to the era from which Labor Day was born. Like the late 1800s, workers are facing rapid economic transformation — and a growing gap in pay between themselves and new billionaire leaders of industry, mirroring the stark inequalities seen more than a century ago. “There’s a lot of historical rhyming between the period of the origins of Labor Day and today,” Todd Vachon, an assistant professor in the Rutgers School of Management and Labor Relations, told The Associated Press. “Then, they had the Carnegies and the Rockefellers. Today, we have the Musks ...Latest news
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