FILE PHOTO: Mar 7, 2019; Tempe, AZ, USA; Los Angeles Angels center fielder Mike Trout (27) runs to third base after hitting a triple against the Los Angeles Dodgers in the first inning at Tempe Diablo Stadium. Mandatory Credit: Rick Scuteri-USA TODAY Sports
March 19, 2019
Mike Trout is on the verge of a 12-year, $430 million contract extension with the Los Angeles Angels, ESPN reported Tuesday.
Trout, 27, is a two-time American League Most Valuable Player and was scheduled to become a free agent in 2020. The agreement, per ESPN, tacks on 10 years to the final two seasons remaining on Trout’s $144.5 million agreement with the Angels.
The deal would smash the massive contract signed by Bryce Harper — 13 years, $330 million with the Philadelphia Phillies — on March 2.
Arizona Diamondbacks pitcher Zack Greinke had the MLB record annual average salary at $34.4 million. Trout would eclipse that mark with $36 million AAV.
Boxer Canelo Alvarez signed a contract with DAZN worth a minimum of $365 million.
Trout has a staggering 64.3 Wins Above Replacement through his age-26 season, which is far beyond any player at his age in Major League Baseball history.
The 24th pick in the 2009 amateur draft, Trout has made the playoffs only once with the Angels in eight seasons. Speculation built that he could bounce to the Phillies when his contract expired — Trout grew up less than an hour away in New Jersey — but the Angels declared their commitment to the superstar.
Trout, who has a career .307 batting average with 240 home runs, 648 RBIs, 793 runs and 189 stolen bases in 1,065 career games, also finished second in the MVP voting four times.
–Field Level Media
FILE PHOTO: The logo of Swiss bank UBS is seen in St. Moritz, Switzerland, February 10, 2017. REUTERS/Stefano Rellandini/File Photo
March 19, 2019
By Huw Jones
LONDON (Reuters) – Britain’s markets watchdog said on Tuesday it had fined Swiss bank UBS a record 27.6 million pounds for failing to report 136 million transactions properly for nearly a decade in a repeat offense.
The Financial Conduct Authority (FCA) said the failings cover reports between November 2007 and May 2017.
“If firms cannot report their transactions accurately, fundamental risks arise, including the risk that market abuse may be hidden,” said Mark Steward, the FCA’s executive director of enforcement.
The FCA had already fined UBS 100,000 pounds in November 2005 for transaction reporting failings.
UBS said on Tuesday it was pleased to have resolved what it called a “legacy matter”, which is was fully provisioned for.
“Although there was never any impact on clients, investors or market users the bank has made significant investments to enhance its transaction reporting systems and controls,” UBS said in a statement.
Under European Union securities law, banks must report transactions like stock and bond trades in a timely and accurate way so that regulators can spot any suspicious moves quickly.
The FCA said UBS failed to ensure it made proper reports on 86.67 million transactions that were required to be notified to the regulator. It also wrongly reported 49.1 million transactions to the FCA that did not require reporting.
By agreeing to a speedy settlement, UBS qualified for a 30 percent discount, thereby avoiding a bigger fine of 39.4 million pounds.
UBS is the 13th financial firm to be fined for transaction reporting failures under EU rules that came into force in 2007.
(Reporting by Huw Jones, editing by Sinead Cruise and Emelia Sithole-Matarise)
Lauryn Overhultz | Columnist
Julia Roberts took a firm stance against the actions of those involved in the college admissions scandal.
The “Pretty Woman” actress weighed in on the scandal while promoting her new drama “Ben Is Back” in the U.K.
Roberts and her husband have three kids together, 14-year old twins and an 11-year old son. They try to keep the experience relatively normal for their kids, Roberts said.
“My husband and I are very aligned on that front, I think that we live a very normal experience with our children. Obviously we have advantages that we didn’t have as children,” Roberts told ITV. “But I think that’s the unique part of it, coming from the childhood I have. You do need to know how to make your bed and do your laundry and make one meal. These are important life skills.”
“They have to run their own race,” she continued. “They have to have their own experience.” (RELATED: Lori Loughlin’s Daughter Loses Sephora Collaboration Amid College Admissions Scandal)
Actresses Felicity Huffman and Lori Loughlin were both charged in the massive admissions scandal for allegedly paying for their children to gain admission to certain colleges. Loughlin allegedly paid $500,000 in bribes so her daughters could secure admissions to the University of Southern California. Huffman reportedly paid $15,000 to have someone take the SAT test for her daughter.
Source: The Daily Caller
Honduran migrant Ariel, 19, who is waiting for his court hearing for asylum seekers returned to Mexico to wait out their legal proceedings under a new policy change by the U.S. government, is pictured after an interview with Reuters in Tijuana, Mexico March 18, 2019. Picture taken March 18, 2019. REUTERS/Jorge Duenes
March 19, 2019
By Lizbeth Diaz and Mica Rosenberg
TIJUANA/NEW YORK (Reuters) – A group of asylum seekers sent back to Mexico was set to cross the border on Tuesday for their first hearings in U.S. immigration court in an early test of a controversial new policy from the Trump administration.
The U.S. program, known as the Migrant Protection Protocols (MPP), turns people seeking protection in the United States around to wait out their U.S. court proceedings in Mexican border towns. Some 240 people – including families – have been returned since late January, according to U.S. officials.
Court officials in San Diego referred questions about the number of hearings being held on Tuesday to the U.S. Department of Homeland Security, which did not respond to a request for comment. But attorneys representing a handful of clients were preparing to appear in court.
Migrants like 19-year-old Ariel, who said he left Honduras because of gang death threats against himself and his family, were preparing to line up at the San Ysidro port of entry first thing Tuesday morning.
Ariel, who asked to use only his middle name because of fears of reprisals in his home country, was among the first group of asylum-seeking migrants sent back to Mexico on Jan. 30 and given a notice to appear in U.S. court in San Diego.
“God willing everything will move ahead and I will be able to prove that if I am sent back to Honduras, I’ll be killed,” Ariel said.
While awaiting his U.S. hearing, Ariel said he was unable to get a legal work permit in Mexico but found a job as a restaurant busboy in Tijuana, which does not pay him enough to move out of a shelter.
The American Civil Liberties Union (ACLU) and other advocacy groups are suing in federal court to halt the MPP program, which is part of a series of measures the administration of President Donald Trump has taken to try to curb the flow of mostly Central American migrants trying to enter the United States.
The Trump administration says most asylum claims, especially for Central Americans, are ultimately rejected, but because of crushing immigration court backlogs people are often released pending resolution of their cases and live in the United States for years. The government has said the new program is aimed at ending “the exploitation of our generous immigration laws.”
Critics of the program say it violates U.S. law and international norms since migrants are sent back to often dangerous towns in Mexico in precarious living situations where it is difficult to get notice about changes to U.S. court dates and to find legal help.
Immigration advocates are closely watching how the proceedings will be carried out this week, especially after scheduling glitches created confusion around three hearings last week, according to a report in the San Diego Union Tribune.
The Executive Office for Immigration Review (EOIR), which runs U.S. immigration courts under the Department of Justice, said only that it uses its regular court scheduling system for the MPP hearings and did not respond to a question about the reported scheduling problems.
Gregory Chen, director of government relations at the American Immigration Lawyers Association, said there are real concerns about the difficulties of carrying out this major shift in U.S. immigration policy.
“The government did not have its shoes tied when they introduced this program,” he said.
(Reporting by Lizbeth Diaz in Tijuana and Mica Rosenberg in New York; Editing by Bill Trott)
David Hookstead | Reporter
NFL teams apparently believe Josh Rosen will be shipped out of Arizona.
The prevailing wisdom seems to be that quarterback Kyler Murray is a lock to go to the Arizona Cardinals first overall. Given what I’ve seen in the past few weeks and what I predicted a month ago, I would have to say that’s also what I believe will happen.
Turns out, teams are the league feel the same way because they’re preparing for Josh Rosen to get traded. (RELATED: Kyler Murray
Albert Breer wrote the following Monday for Sports Illustrated:
Teams are still in the dark on the availability of Cardinals QB Josh Rosen. But I’m told that’s not stopping them from getting their ducks in a row, with guys who’ve worked with Rosen over the last few years fielding phone calls and having discussions with intrigued teams gathering background. If you want to see the real-life application of the perception that Kyler Murray is Arizona-bound, there you have it.
Let’s be honest with ourselves on this one. Unless something major changes, Kyler Murray is going to be wearing red and white for the Cardinals’ Week 1 of the 2019 season.
That means Josh Rosen will be moved. Where could he end up? The Giants seem like a likely destination, especially now that the franchise is reportedly not interested in Dwayne Haskins.
Rosen has the potential to be a franchise quarterback. You’re kidding yourself if you think he won’t be scooped up in a heartbeat.
As for the Cardinals, it sounds like they’re all in on putting Kliff Kingsbury and Murray together. I can’t wait.
The two of them together should be epic. That fast-paced offense they’re going to run is going to be so much fun to watch.
Best of luck to Rosen wherever he ends up, but there’s a really good chance it’s about to be the Kyler Murray show in Arizona.
Source: The Daily Caller
FILE PHOTO: A worker is seen building an aircraft engine at Honeywell Aerospace in Phoenix, Arizona, U.S. on September 6, 2016. REUTERS/Alwyn Scott
March 19, 2019
WASHINGTON, (Reuters) – New orders for U.S.-made goods rose less than expected in January, held back by decreases in orders for computers and electronic products, in another indication of slowing manufacturing activity.
Factory goods orders edged up 0.1 percent, the Commerce Department said on Tuesday, as demand for primary metals and fabricated metal products fell. That followed an unrevised 0.1 percent gain in December.
Economists polled by Reuters had forecast factory orders rising 0.3 percent in January. Factory orders increased 3.8 percent compared to January 2018.
The release of the report was delayed by a 35-day partial shutdown of the federal government that ended on Jan. 25.
Reports last Friday showed manufacturing output fell for a second straight month in February and factory activity in New York state hit nearly a two-year low this month.
Manufacturing, which accounts for about 12 percent of the economy, is losing momentum as the stimulus from last year’s $1.5 trillion tax cut package fades. Activity is also being crimped by a trade war between the United States and China as well as by last year’s surge in the dollar and softening global economic growth, which are hurting exports.
In January, orders for machinery rose 1.5 percent after falling 0.4 percent in December. Orders for mining, oil field and gas field machinery fell 2.7 percent after tumbling 8.2 percent in December.
Orders for electrical equipment, appliances and components rebounded 1.4 percent after dropping 0.3 percent in December. Computers and electronic products orders fell 0.9 percent after decreasing 0.4 percent in December.
Orders for primary metals declined 2.0 percent and fabricated metal products orders fell 0.6 percent. Transportation equipment orders increased 1.2 percent in January, slowing from the prior month’s 3.2 percent rise.
Orders for civilian aircraft and parts increased 15.6 percent in January. Motor vehicles and parts orders gained 0.4 percent.
The Commerce Department also said January orders for non-defense capital goods excluding aircraft, which are seen as a measure of business spending plans on equipment, rose 0.8 percent as reported last week. Orders for these so-called core capital goods dropped 0.8 percent in December.
Shipments of core capital goods, which are used to calculate business equipment spending in the gross domestic product report, also increased 0.8 percent in January as previously reported. Core capital goods shipments edged up 0.1 percent in December.
(Reporting By Lucia Mutikani; Editing by Andrea Ricci)
FILE PHOTO: Cardinal Philippe Barbarin, Archbishop of Lyon, arrives to attend his trial, charged with failing to act on historical allegations of sexual abuse of boy scouts by a priest in his diocese, at the courthouse in Lyon, France, January 7, 2019. REUTERS/Emmanuel Foudrot
March 19, 2019
PARIS (Reuters) – Philippe Barbarin, the French Roman Catholic cardinal convicted this month of failing to report sexual abuse allegations, said on Tuesday that Pope Francis had turned down his offer to resign.
“On Monday morning, I put forward my resignation to the hands of the Holy Father. Invoking the presumption of innocence, he declined to accept this resignation,” said Barbarin in a statement set by France’s Lyon Catholic Church.
Barbarin is appealing the verdict against him.
(Reporting by Marine Pennetier and Sudip Kar-Gupta; Editing by Catherine Evans)
David Hookstead | Reporter
Free agent receiver Jordy Nelson has no shortage of suitors.
Nelson was cut from the Oakland Raiders after they paid him $3 million, and it doesn’t sound like he’ll be out of a job for long. According to Adam Schefter, the former Packers star will visit the Seahawks on Tuesday. The Patriots, Titans, Chiefs and Raiders are also all reportedly interested.
Yes, the Raiders, the team that just cut him after paying him might want him back. What a bizarre situation. Notably, the Packers aren’t on the list. (RELATED: Packers QB Aaron Rodgers Says He Won’t Get Surgery On His Knee)
Former Packers’ WR Jordy Nelson is scheduled to visit the Seahawks on Tuesday, per source. They were interested in Nelson last year; GM John Schneider loves Nelson.
Other interested teams at this point include: Patriots, Titans, Chiefs, Raiders.
— Adam Schefter (@AdamSchefter) March 18, 2019
The Seahawks and Nelson could be a great fit. Russell Wilson needs a dependable receiver, and that’s exactly what the former Packers star can be.
He might not be the star he once was, but he’s still a workhorse of a dude. The Seahawks would be incredibly wise to get him as quickly as possible.
The exact same can be said of the Patriots. Tom Brady has the rare ability of squeezing the most out of everybody around him, and we all know New England is a premium destination for veterans searching for a ring.
Nelson would probably flourish under Bill Belichick and Tom Brady. He would provide a legit receiving threat to go along with Edelman.
It is a little surprising to see the Packers not on the list. You’d think Aaron Rodgers would absolutely want his former star back.
I guess not. It looks like Nelson will have to get paid elsewhere.
Source: The Daily Caller
David Hookstead | Reporter
Golden State Warriors star Steph Curry behaved like a child Monday night in a loss to the San Antonio Spurs.
Curry behaved like a spoiled brat when he was called for a foul at the end of the third quarter. He ran around the court, yelled at the refs and resembled a kid on prom night who has been told to drink a little less and doesn’t take it well.
It was not at all what you’d expect to see out of a generally composed NBA star. Watch his pathetic antics below.
Steph was heated.
— Bleacher Report (@BleacherReport) March 19, 2019
Imagine being a full-grown man, and behaving like that in front of the whole country. Hell, you shouldn’t behave like that if you’re in private.
You damn sure shouldn’t do it in front of TV cameras. It’s not like that was a bad call, either. It might not have been great, but it’s fair to say there was some contact there. (RELATED: Warriors Star Steph Curry Suffers Humiliating Fall During Dunk Attempt)
Why that reaction was necessary, we might never know.
Curry should take a long look in the mirror, and ask himself if that behavior is the standard we expect out of some of the best athletes in the world.
He’s out there acting like he just got accused of murder. Give it a rest. It’s one foul call in one game, and it was probably the right call.
Source: The Daily Caller
Chris White | Energy Reporter
The brother of Jeff Bezos’s mistress sold racy text messages from the Amazon CEO to the National Enquirer, The Wall Street Journal reported Tuesday, citing anonymous sources familiar with the matter.
Michael Sanchez — the brother of Bezos’s lover, Lauren Sanchez — reportedly sold the billionaire’s secrets for $200,000 to the Enquirer’s publisher, American Media, the report notes. Michael denied sending the National Enquirer “the many penis selfies” but declined to comment about whether he sent the publication other photos of Bezos, according to WSJ.
The report appears to conflict with rumors that President Donald Trump was behind the caper.
Neither Bezos nor Lauren replied to requests from WSJ for comment. The story appears to conflict with media-generated rumors that the president or Saudi Arabia were behind the leaked text messages. (RELATED: Bezos Investigated An Expose Into His Affair And Now Thinks He Knows Who’s Responsible)
Longtime Bezos consultant, Gavin de Becker, suggested in February that reports about the billionaire’s relationship with Lauren, a former TV anchor, started with a “politically motivated” leak from Trump supporters. Bezos announced that he and his wife MacKenzie were divorcing in January, two days after American Media approached him about the texts.
Michael began conversations with the National Enquirer in 2018 about his sister’s relationship with Bezos, sources told WSJ. The Enquirer by then had already been following Bezos and Lauren, trying to determine whether the two were having an affair, sources claimed.
American Media CEO David Pecker was concerned that his connections with Trump would create the impression that the report was politically motivated. He was concerned Bezos would sue. Pecker and the company’s legal council, Cameron Stracher, argued during a lunch date in November 2018 about why Michael had been paid upfront for the texts.
Stratcher quit on the spot, sources said. His employment key card reportedly no longer functioned by the time he made the 10 minute walk back to American Media’s office.
Bezos struck back in February. He accused the National Enquirer’s parent company in a Feb. 7 blog post of trying to blackmail him with lewd photos of him and his mistress.
“I was made an offer I couldn’t refuse. Or at least that’s what the top people at the National Enquirer thought. I’m glad they thought that, because it emboldened them to put it all in writing,” Bezos wrote in a Medium post. “Rather than capitulate to extortion and blackmail, I’ve decided to publish exactly what they sent me, despite the personal cost and embarrassment they threaten.”
The billionaire owner of The Washington Post also pointed to his outlet’s coverage of the murder of Jamal Khashoggi as a potential reason for why people would target him. Subsequent reports have also noted that American Media once asked Saudi Arabian officials to invest in the company to stave off bankruptcy.
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Source: The Daily Caller