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Eloy Jiménez stays hot with a 3-run homer in the Chicago White Sox’s 4-2 victory — their 10th win in 13 games

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Eloy Jiménez Stays Hot With A 3-Run Homer In The Chicago White Sox’s 4-2 Victory — Their 10Th Win In 13 Games
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Eloy Jiménez’s numbers since the All-Star break have been among the best in baseball.

Entering Tuesday, he ranked second in the majors with a .366 average and .435 on-base percentage after the break. He was third with a 1.031 OPS, sixth with a .596 slugging percentage, tied for sixth with 59 hits and tied for seventh with 10 home runs.

Jiménez added to that home run total and José Abreu snapped the longest homerless stretch of his career in a 4-2 victory against the Colorado Rockies in front of 23,606 at Guaranteed Rate Field.

“(Swinging at strikes) is one of the biggest things right now,” Jiménez said. “I am more disciplined than every year that I played here, and I feel good.

“When you know you have good people behind you, they’re going to try to throw you around and see if you chase. That is something that I learned with all the years that I have. That’s the biggest key right now.”

Jiménez hit a three-run homer in the first, his fourth in the last seven games.

“He’s looking for his pitches, he’s learning, he’s getting more mature at the plate and he’s looking for pitches that he can handle,” Sox acting manager Miguel Cairo said. “When you look for your pitch and you don’t miss it, that’s what a big-league hitter is supposed to do.”

The Sox didn’t score again until the eighth, when Abreu led off with a homer. It was Abreu’s first home run since Aug. 3 against the Kansas City Royals, snapping a 37-game homerless streak.

“It was beautiful,” Cairo said. “That was a big run right there. It was good to see him hit the ball out of the ballpark.

“I don’t complain about him hitting line drives, stuff like that, because he gets on base for Eloy and then Eloy has been unbelievably hot with the bat. And that’s what we need.”

Abreu has a hit in 13 of his last 14 games. He is batting .345 (19-for-55) with four doubles, one home run, seven RBIs and nine runs in that stretch.

“He’s been getting good at-bats,” Cairo said. “He’s taking his walks and he’s getting on base. Eloy behind him has been hitting homers. It’s a good combination.”

That formula paid off in the first.

Elvis Andrus led off with a double and with one out Abreu walked. That brought up Jiménez, who took a ball before hitting Chad Kuhl’s slider over the wall for his 13th homer of the season.

“I just feel good because if I swing at strikes, it’s going to be better,” Jiménez said. “I know I have power to just hit on the barrel and the ball is going to be out. I just try to be a hitter first and then become a power hitter.”

The Rockies got within one on a two-run homer by Alan Trejo in the third. Sox starter Michael Kopech (5-9) rebounded with perfect fourth and fifth innings before exiting. He allowed two runs on three hits with three strikeouts.

“I was able to fill up the zone with my fastball, which helped me a lot because my slider wasn’t doing what I wanted it to until later in the game,” Kopech said. “I got taken advantage of a couple of times, which is going to happen when you leave the ball up and over the plate a little bit.

“I’m glad I was able to get through five and at least give us the chance to keep the lead. Ultimately, that’s first priority right now. The bullpen did a great job of shutting it down.”

Abreu’s homer in the eighth against reliever Justin Lawrence — his 15th of the season — served as insurance for the Sox, who have won 10 of 13.

They remain three games back in the American League Central as the Cleveland Guardians won their fifth straight Tuesday 3-1 against the Los Angeles Angels.

“I don’t really care what they do, we’ve got to take care of business,” Cairo said. “We play the way we’re supposed to play, anything can happen.”

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Grab sees no big layoffs despite market weakness

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Grab Sees No Big Layoffs Despite Market Weakness
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By Reuters 25 Sep 2022, 09:53 STI (Update)

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Grab reorganized its fintech unit this year to focus on more lucrative areas and Reuters announced the departure of some senior executives.

Grab, Southeast Asia’s largest ride-hailing and food delivery company, isn’t planning massive layoffs like some rivals have, and is hiring selectively while moderating its ambitions in financial services.

Chief operating officer Alex Hungate said that at the start of the year, Grab was worried about a global recession and was “very careful and judgmental about any hiring”, and therefore he did not hadn’t gotten to the “desperate” point of a hire. freezing or massive layoffs.

“Around the middle of the year we did a specific kind of reorganization, but I know other companies did massive layoffs, so we don’t see ourselves in that category,” said Hungate, 56. years, to Reuters during his first interview since arriving in Singapore. based at Grab Holdings Ltd in January.

The company was hiring for positions in data science, mapping technology and other specialized fields, although each hire is a much bigger decision than it was before, he said.

“You want to make sure we’re preserving capital. The hiring hurdle has definitely been lifted.”

Grab, a ten-year-old household name in Southeast Asia, had around 8,800 employees at the end of 2021. Like its rivals, it has benefited from a boom in food services during the COVID-19 pandemic. 19, while carpooling suffered.

As economies open up, demand for food delivery is declining while ridesharing has yet to fully recover. Tech valuations also fell dramatically and inflation, slowing growth and rising interest rates emerged as risks.

In recent weeks, Southeast Asia’s largest e-commerce company, Shopee, has cut jobs in various countries and closed some overseas operations after parent company Sea reported mounting losses and abandoned its annual e-commerce forecast.

Hungate, a veteran of the financial services, logistics and food sectors, has spearheaded the move away from low-margin businesses as Grab races to become profitable.

The second-quarter loss narrowed to $572 million from $801 million a year earlier. But last month it cut its outlook for gross merchandise volume for the year, blaming a strong dollar and a drop in demand for food delivery.

Last month, Grab said it was closing dozens of so-called dark stores — distribution centers for on-demand groceries and slowing the rollout of its centralized “cloud kitchen” facilities for deliveries.

“The other area where we’ve really tightened our strategic intent is in financial services, where we were growing payments, wallets and non-bank financial lending off-platform and on our platform quite significantly,” Hungate said.

Grab reorganized its fintech unit this year to focus on more lucrative areas and Reuters announced the departure of some senior executives.

“HIGHER MARGINS”

Grab is now primarily focused on selling its loan and insurance products on its platform to merchants and drivers who often repay from their income streams on the platform.

“As we make this change, the business mix will evolve towards higher margins,” Hungate said.

Grab, which operates in 480 cities in eight countries, has more than five million registered drivers and more than two million merchants on its platform.

It caught global attention in 2018 when it acquired Uber’s Southeast Asia business after a costly five-year battle.

Grab is betting on the growth of financial services by offering banking and other products with its partner Singapore Telecommunications in key markets.

It listed on Nasdaq in December after a record $40 billion merger with a blank check company.

Hungate said it was “a good time” for the company to review how it spends money, given increased financial scrutiny and the need to respond to shareholders.

“Maybe we were lucky in that the discipline of being a public company came at the right time,” he said, adding that Grab’s $7.7 billion in cash meant it was one of the best capitalized players in the industry in Southeast Asia.

Grab’s shares have fallen about 60% this year to give it a market value of $10.6 billion.

Reuters reported last month that Grab’s Indonesian rival GoTo was seeking to raise around $1 billion through a convertible bond offering.

Hungate said Grab would provide details on its progress toward profitability and other metrics on its first Investor Day on Tuesday.

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Meghan Markle has threatened to break up with Prince Harry if he doesn’t release a statement confirming their relationship, report says

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Meghan Markle Has Threatened To Break Up With Prince Harry If He Doesn'T Release A Statement Confirming Their Relationship, Report Says
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The Duke and Duchess of Sussex leave a service of thanksgiving for Queen Elizabeth II at St Paul’s Cathedral in London.Matt Dunham – Pool WPA/Getty Images

  • Meghan Markle has given an ultimatum over her relationship with Prince Harry, according to a new report.

  • Meghan told Harry she would break up with him if he didn’t publicly confirm their relationship, according to The Times of London.

  • A source told the outlet that Harry was “freaking out” about the situation.

Meghan Markle has told Prince Harry she will end their relationship if he does not publicly confirm they are a couple, according to The Times of London.

In a new report from The Times’ Valentine Low, two unnamed sources said Meghan gave Harry an ultimatum over their relationship, sending him into a panic.

“She was like, ‘If you don’t release a statement confirming that I’m your girlfriend, I’m going to break up with you,’” a source told The Times.

Another source told the outlet that Harry was “freaking out saying, ‘She’s going to dump me’.”

Low reports that Harry contacted Jason Knauf, the communications secretary for Prince William, Kate Middleton and Prince Harry at the time. Harry reportedly told Knauf to release a statement confirming his relationship with Meghan and condemning the racist treatment she received from British tabloids.

According to the report, Meghan told Harry’s staff that she knew ‘how the palace works’, adding: ‘you don’t care about the girlfriend’.

Prince Harry And Meghan Markle At A Creative Industries And Business Reception On October 02, 2019.Prince Harry And Meghan Markle At A Creative Industries And Business Reception On October 02, 2019.

Prince Harry and Meghan Markle at a Creative Industries and Business Reception on October 02, 2019.Chris Jackson/Getty Images

“Harry’s staff knew that Meghan was different from other royal girlfriends. She had her own opinions and let people know what they were. In the spring of 2017, more than six months before the couple’s engagement, she told one of Harry’s advisers: ‘I think we both know I’m going to be one of your bosses soon,’” reports the Times.

Representatives for the Duke and Duchess of Sussex and Buckingham Palace did not immediately respond to Insider’s request for comment.

Low also reported in March 2021 that the Duchess of Sussex bullied two senior members of staff at Buckingham Palace while working in the royal family. The Times referred to an email Knauf sent to William’s former private secretary in which he allegedly expressed concern “that nothing is being done”.

The report was released just days before Harry and Meghan’s explosive interview with Oprah Winfrey aired.

According to royal biography ‘Finding Freedom’, some of Meghan’s former staffers have recanted their claims that the Duchess bullied them, Insider’s Mikhaila Friel reported in September 2021.

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David Haye predicts big knockout after Joe Joyce and Joseph Parker weigh the heaviest they’ve ever weighed ahead of WBO interim heavyweight title fight

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David Haye Predicts Big Knockout After Joe Joyce And Joseph Parker Weigh The Heaviest They'Ve Ever Weighed Ahead Of Wbo Interim Heavyweight Title Fight
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David Haye can’t separate Joe Joyce and Joseph Parker ahead of their interim WBO heavyweight title fight, but he thinks it only ends one way – with a knockout.

At Friday’s weigh-in, Joyce came in at 271.4 pounds, while Parker came on the scale at 255.35 pounds, which is the heaviest the two boxers have ever been.

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Joyce weighed 271.4 pounds

And Parker Wasn't Far Behind

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And Parker wasn’t far behind

This led former world heavyweight and heavyweight champion Haye to believe this fight won’t go the distance.

“I think it ends with a stoppage”, Haye told iD Boxing. “I think it ends with a stoppage, that’s for sure.

“Both fighters have the firepower and they both came in super heavyweight.

“I really think it will be a stoppage win for…I don’t know which one it will be. No I don’t know, I really don’t know.

“I heard Parker is the underdog in this fight, so if you bet and it’s 50/50, I’d bet with the guy you have the best odds with…

“I would go for Parker because for my pound he takes me and it brings me back a few even in a 50/50.”


Haye Thinks This Fight Only Ends One Way

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Haye thinks this fight only ends one way

That’s a pretty bold statement, considering neither man has ever been arrested and they’re both known for having two of the best chins in the heavyweight division.

That being said, it looks like Parker himself also thinks he’ll get Joyce out of there, as he told talkSPORT, “I think I’m going to get him to quit.

“I know he’s not giving up and there’s no giving up in him from the fights we’ve seen, but when you keep attacking and you keep snacking, eventually he’ll feel it.

“It’s a high risk fight for both guys. There are other fights there, but there were none that would propel me to the top.

“Joyce’s fight for me was the right fight. There’s a rematch clause, so the goal is to fight him and beat him. Then fight him and defeat him again in December.

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David Haye Predicts Big Knockout After Joe Joyce And Joseph Parker Weigh The Heaviest They've Ever Weighed Ahead Of Wbo Interim Heavyweight Title Fight

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Biden cancels DNC rally appearance in Orlando next week as Tropical Storm Ian strengthens over the Caribbean Sea

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Biden Cancels Dnc Rally Appearance In Orlando Next Week As Tropical Storm Ian Strengthens Over The Caribbean Sea
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President Joe Biden has postponed his planned trip to Florida due to Tropical Storm Ian threatening the Caribbean Sea.

It was scheduled to travel to Orlando to headline a rally for the Democratic National Convention (DNC) on September 27, but the major storm is expected to strengthen to Category 3 or 4 before making landfall in the continental United States.

Biden declared a state of emergency for Florida on Saturday and authorized the Department of Homeland Security and the Federal Emergency Management Agency (FEMA) to assist in recovery efforts for those affected by the storm.

The White House did not say when the president intended to postpone his trip.

DESANTIS DECLARES EMERGENCY AS STORM EXPECTED TO REACH FLORIDA

US President Joe Biden on the South Lawn of the White House in Washington, DC, US, Friday, September 23, 2022.
(Bonnie Cash/UPI/Bloomberg via Getty Images)

On Saturday, Florida Governor Ron DeSantis also declared a state of emergency for all 67 counties. He also urges Florida residents to prepare for his arrival.

“This storm has the potential to develop into a major hurricane and we encourage all Floridians to be prepared,” DeSantis said in a statement. “We are coordinating with all state and local government partners to monitor the potential impacts of this storm.”

A Publix Store In Metrowest Was Nearly Sold Out On Saturday September 24, 2022 In Orlando, Florida.

A Publix store in Metrowest was nearly sold out on Saturday September 24, 2022 in Orlando, Florida.
(Cristobal Reyes/Orlando Sentinel/Tribune News Service via Getty Images)

“I encourage all Floridians to continue to monitor the storm and listen to local officials,” DeSantis said.

NASA DELAYS LUNAR ROCKET LAUNCH DUE TO POTENTIAL HURRICANE

Tropical Storm Ian is strengthening over warm Caribbean waters and since Saturday evening has sustained winds of around 45 mph. It is moving west at 16 mph.

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This Satellite Image Provided By The National Oceanic And Atmospheric Administration Shows Tropical Storm Ian Over The Central Caribbean On Saturday, September 24, 2022.

This satellite image provided by the National Oceanic and Atmospheric Administration shows Tropical Storm Ian over the central Caribbean on Saturday, September 24, 2022.
(NOAA via AP)

Computer forecast models show the storm moving west of Tampa and making landfall over the Florida panhandle early next week. The storm will continue to strengthen rapidly over the next few days.

Tara Prindiville of Fox News and The Associated Press contributed to this report.

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Families Dress Toddlers As Babies To Avoid Rising Disney Park Prices

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Families Dress Toddlers As Babies To Avoid Rising Disney Park Prices
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Ticket prices are so high at Disney resorts that some parents apparently dress up toddlers as babies to avoid the cost.

A recent TikTok video of a mother dressing up a toddler as a baby in a stroller has gone viral with the mum in the video unrepentant at the economic trickery.

“We [paid] for our tickets and witnessed the funniest thing we have ever seen so we decided to share it so you can laugh too,” one woman said in the video, according to the New York Post.

The video sparked a debate over the practice with many commentators backing the mum since prices at Disney resorts skyrocketed.

The newspaper notes that admission to Disney World ranges from $109 to $159 per person for a day ticket. The park also maintains that anyone aged three and over must pay the full ticket price.

Some former Disney gate employees even responded to the message and said they were always instructed to just let it go when parents tried this ploy.

Disneyland also drives up the prices. The park has increased its ticket prices this year, and as a result, its premier ticket costs $1,599 per person.

The park has let visitors know that its old $1,399 per person pass was scrapped at the start of the 2022 season. But the higher fees aren’t the only price change. Ticket prices have increased across the board at Disneyland this year. Its lowest package increased by $100 per person while several other tiers increased by $50.

Disneyland also raised prices last year.

With costs rising at all Disney properties, the costs of visiting theme parks have soared out of reach for the average American family, Fox Business Network reported in May.

Disney’s price hike comes amid a nationwide rise in inflation that has Americans scrambling to pay for daily necessities, such as food, gas and energy, as even as wages stagnate and fail to keep up with inflation.

The price hikes also come on the heels of Disney’s rampant leap into leftist politics with its vocal and extremely public political campaign to stop Florida’s Parental Rights in Education Act – which bars kindergarten to third grade to be exposed to gender identity politics in the classroom.

Disney lost its battle to stop the law that would prevent preteen children from being exposed to radical left-wing gender politics in schools across the sunny state. But, despite the loss, Disney chief Bob Chapek has vowed to continue the fight to have the Common Sense Act repealed.

The full-frontal attack on Florida’s children prompted state Republicans to pass a bill that dismantled Disney’s special tax jurisdiction, reversing decades-old tax breaks and social exclusions that had been implemented in the mid-1960s.

The shift to left-leaning politics as well as its continued policy of pushing the radical gay agenda into all aspects of its entertainment properties has sent shares of the company plummeting, adding to the 30% free fall in share value. company over the past 12 months. And on April 20, the Dow Jones Industrial Average reported Disney as its worst performing stock of the year.

Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston, or Truth Social @WarnerToddHuston

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Funding India’s airline growth plans and why an overhaul is needed

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Funding India'S Airline Growth Plans And Why An Overhaul Is Needed
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With interest rates rising, the rupee depreciating and yields falling, some airlines are facing a real challenge. Namely, finance growth. The old ways won’t hold up. An overhaul is needed, writes aviation expert Satyendra Pandey

The past decade has seen voluminous aircraft orders by Indian airlines. Collectively, Indian airlines operate a fleet of around 600 aircraft. More than 80% of this fleet is rented. Add to that an aircraft order pipeline of 850 aircraft that need to be funded and deployed. For weaker players without the support of a strong parent company or balance sheet, deploying and funding these assets slowly becomes a challenge. And with interest rates rising, the rupee depreciating and yields falling, some airlines are facing a real challenge. Namely, finance growth. The old ways won’t hold up. A reflection is necessary.

Overreliance on sale-and-leaseback

The sale-leaseback model was made popular by Indigo and guided by the three pillars of planning, volumes and pricing. Specifically, Indigo focused on two years of extensive planning, including contingencies; a large order of 100 aircraft in 2005 with several subsequent orders; and asset pricing that was expertly negotiated. Together, these elements have helped the airline to establish itself firmly in the Indian market. Other airlines quickly saw proof of this success and moved forward with their own large orders. But they only focused on one or at best two pillars of the Indigo model. Sale-leasebacks were the main method of financing orders.

A sale and leaseback (SLB) model is where the airline acquires the aircraft at an attractive price and sells it to a lessor – ideally at a profit – and leases it for its own use. SLBs are important because they generate cash and also help the airline manage its fleet flexibility. Additionally, as the airline introduces new aircraft, operating costs, including maintenance costs, remain competitive. Shorter fleet replacement cycles also allow the airline to introduce new technologies more quickly. But the flip side is that airlines end up with thin asset balance sheets, over time they end up paying more for the asset. And when clauses are not fully provisioned, it causes difficulties for both the airline and the lessor. This is a fact that is gradually emerging.

The end of the last decade saw an era of low interest rates, smooth aircraft orders and a highly competitive leasing industry. With several new lessors eager to do business, airlines were offered very attractive terms without the solvency that would normally be required. But unfortunately, that’s just not the case with the industry today.

Structural issues, including balance sheet strength, continue to be overlooked

With changing macro-economic and geopolitical conditions, the aircraft finance market, particularly the sale-leaseback market, has seen marked changes. Donors are reviewing risk profiles and there is a flight to quality. Add to that the fact that the cost of capital across the globe is rising, and in the aircraft leasing space, lessor consolidation is underway. In the Indian market, this means that the strongest and best capitalized airlines are able to negotiate fairly competitive deals while the weaker ones struggle. Some airlines are considering a scenario where planes have been ordered, but other aspects such as maintenance, lease terms and asset recycling are not where they need to be. Competitive funding for these is simply not to be found.

Worse, due to weak balance sheets, some airlines are entering into financing deals, including sale-leasebacks, to free up working capital. Add to that the fact that the airline then finds itself with an additional aircraft to deploy and it has an impact on industry returns. And therefore the capacity and tariff wars which will intensify in the short term to the detriment of cash flow and profitability. Capital calls are almost certain.

As of this writing, structural issues, including balance sheet strength, continue to be overlooked. The pandemic laid bare the loopholes and for lenders looking for assets on the balance sheet, they were rare. So came cash flow liens, promises of future funding, and continual deferral, delay, renegotiation, and demands. And for some fault lines were never quite addressed. This situation is untenable to say the least and only postpones the inevitable to a future date.

Diversification of funding needed

For the future, a diversification of funding sources is necessary. Both because sale-and-leaseback without aligning all the fundamentals remains a very expensive form of financing and also because management needs to focus on balance sheets. Otherwise, cash flow liens, emergency lines of credit or, at worst, closure will be the norm and not the reality. And any airline closure is very painful and the scars of the closure continue for years. Indeed, no discussion of Indian aviation is complete without a mention of Kingfisher and the former Jet Airways. Not to mention a host of smaller airlines that have come and gone.

Despite the talk of traffic growth and market potential, when Indian airlines are viewed through the lens of profitability, very few succeed. Consistent profitability that provides an adequate return on capital is lacking. And aircraft being the largest investment costs for airlines, they must be planned, negotiated and deployed with risk in mind. All hopes cannot simply rest on growth. Because when that growth stalls, there’s simply no recourse.

As the market matures, aircraft financing is also set to evolve. Airlines are well advised to look at structures that allow them to have the right to the asset at the right costs and terms. Finance leases and asset purchases that were once avoided could very well be the way forward. Likewise, structures that are fit for purpose and designed for the Indian market taking into consideration market risk, currency risk and credit risk can be the way to go. But these require focused, deliberate and decisive planning. And some departments find themselves so intensely involved in day-to-day firefighting that these are left out.

For Indian aviation, demand is certainly well oriented. And capacity will follow. But this capacity must be financed. And funding Indian airlines’ growth plans is a task in itself. And a reflection is necessary.

—Satyendra Pandey is the managing partner of aviation consultancy AT-TV. Opinions expressed are personal

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