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Other than US, Australia has become the team to beat in Rio

New York Knicks forward Carmelo Anthony has won an NCAA championship at Syracuse, is the leading scorer in US men's basketball history and will, potentially, win his third gold medal in Rio. Irving played only 11 games in college while at Duke and still managed to become the overall number one pick in the 2011 NBA Draft. It would take the right set of circumstances against the wrong team for United States of America to walk off the floor as losers.

Business

Another scare: US men's basketball team edges Serbia

There is no intimidation factor with this bunch, lacking LeBron James or Steph Curry or any number of players that would give it more sizzle than the one-two scoring punch of Kevin Durant and Carmelo Anthony. "It just comes down to a trust factor, not letting one guy have that feeling that he has to do it alone". With an expected win over Venezuela on Sunday, the relieved Aussies look set to avoid the us in the medal round until the final, if they get that far.

Business

With falling ratings, change may be coming for NBC's prime-time Olympics

Day Rio 2016 London 2012* Rio 2016 London 2012* 1st Saturday 23.5 million 28.7 million 13.0 rating 15.8 rating 1st Sun. Imagine that. And while the details behind how this could possibly have arrived through NBC's 2016 Olympic might sound technical, the basics are easy.

Business

Seven-month-old boy dies in hot vehicle in Walmart parking lot

Friday, stated Helotes authorities Capt. Anthony Burges. The baby was supposed to be taken to day care, but the employee told police he forgot. The temperature hovered around 100 degrees for much of the afternoon. That's up from last year's total of 15. The child safety advocacy group reported that Friday's incident marks the 27th hot car-related death of a child this year .

Business

Efforts Focus On Stopping Zika Spread As Cases Mount

University of Toronto professor of medicine and infectious disease expert Jay Keystone said he isn't surprised to see more cases of Zika emerging, but the problem is much worse in countries dealing with mosquito-borne transmission of the virus, such as Brazil.

Business

Baby dies after being left in hot SUV outside Texas Walmart

Friday, stated Helotes authorities Capt. Anthony Burges. The man arrived at work about 6.15 am, and the infant was not discovered until about 3pm when a shopper saw him through a vehicle window and rang emergency services. He has not yet faced charges. An infant was found dead inside a vehicle in the parking lot of the Wal-Mart store in Helotes, Texas . When police arrived, they found people holding the girls in the water of a baby pool behind the duplex, some with ice packs, trying to ...

Business

MichaeI Phelps wins 23rd gold, ends Olympic career in style

Gracefully, the American tried to ease out of the spotlight. "I'm just ecstatic. I need it to sink in", Schooling told reporters afterwards. Schooling hopes this will be the first of many golds to come for Singapore, and looks to pave the way for more talented Singaporean swimmers to find success.

Business

Walmart nabs Amazon rival Jet.com in $3.3bn deal

Jet.com's co-founder and CEO Marc Lore previously started e-commerce sites Diapers.com, Soap.com and Wag.com, and founded the company alongside Mike Hanrahan and Nate Faust. The deal is expected to close towards the end of the year, subject to regulatory approval, making this one of the largest-ever acquisitions of an e-commerce company.

Business

Nordstrom jumps 11 percent as earnings top Wall Street's forecast

The company has a market cap of $8.93 billion and a PE ratio of 18.500. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. Nordstrom (NYSE:JWN) last released its earnings results on Thursday, August 11th. Institutional sponsorship simply refers to ownership of a stock by mutual funds, banks, pension funds and other large institutions.

Business

Republican governor's race tops primary contests in Missouri

Even if they do take his weapons away, Greitens is prepared. The attorney general will face Eric Greitens in November, who clinched the Republican primary. And Greitens once was courted by Democrats as potential candidate. Before any attack ad was released, Koster announced to his supporters, "Tomorrow morning, you will see the ads against me begin, telling you what a awful person I am".

Business

IRS sounds the alarm on new phishing scam

Oh, boy. I believe If there's one Achilles' heel for accountants and other tax professionals, it could be a software update. The fraudulent emails instruct victims to click on a link to download and install what they claim is an important software update for their tax software.

Business

Macy's says to shut 100 stores

The locations of the 100 stores to be closed will be announced at a later date, once the company makes final decisions, the company said in a statement . announcement that 100 of its stores would close in 2017. Revenue came in at $5.87 billion, above projections of $5.75 billion but also down from $6.10 billion a year earlier.

Business

THE GOLDEN GOODBYE: Michael Phelps, swimming with relay, wins 23rd gold medal

Simone Manuel, who became the first African-American to win an individual gold on Thursday, in the 100-meter freestyle, got another gold Saturday as she swam the freestyle leg to anchor the 4x100 medley relay. Not his training partner clipping his heel in the Olympic final Saturday in Rio de Janeiro . By winning his country's first Olympic gold, Schooling earned a bonus of $1 million Singapore dollars or almost $750,000 US.

Business

Skydiver sets record with 25000ft jump using net instead of parachute

The stunt was broadcast live on the Fox network for the TV special " Stride Gum Presents Heaven Sent ". One of them was tasked with helping him remove the oxygen mask he had to wear for the first 10,000ft of the jump. "I've got to work on a lot of big projects where I've got to help with some engineering". In an interview during the broadcast, Aikins , who has completed more than 18,000 jumps , said he'd been preparing for this jump for two years.

Business

Macy's to close 100 stores, locations not yet announced

The 100 stores, most of which will close early in 2017, represent about 15 percent of all of Macy's full-line stores. That's almost 4 percent of Macy's total annual sales in 2015. Macy's stores are anchors at some of the region's most prominent malls. Department stores are struggling across the globe, thanks to shoppers increasingly depending on the internet for their shopping.

Business

Police officer shot in the head after taking a wrong turn

Phelps also described the participation of refugees in Rio as "special". United States' Katie Ledecky celebrates after the women's 800-meter freestyle final during the swimming competitions at the 2016 Summer Olympics, Friday, Aug. Here are some events to watch on Day 7 of Rio 2016. -A Chinese swimmer, Polish weightlifter and Bulgarian steeplechaser have been sanctioned for doping offenses at the Olympics, which are being handled by the Court of Arbitration for Sport for the first ...

Business

Afghan, Pakistan IS leader killed by US drone

Khan's death would deal a significant blow to ISIS in Afghanistan and Pakistan, where the terrorist group has been trying to expand their reach. The strike took place in the Kot district of Afghanistan's Nangarhar province, the U.S. In January, President Obama authorized new measures allowing US forces in Afghanistan to target Islamic State fighters in the country under counterterrorism rules of engagements usually reserved to target al-Qaeda and other terrorist factions.

Business

Hundreds of civilians used by militants as human shields freed in Syria

More than 2,000 civilians held captive by IS as human shields have been freed after militants were driven out of a key stronghold in Syria. The convoy carried the final Islamic State members leaving the city, under an agreement between the fighting parties that would not be announced officially, Kurdish sources and the monitor said, marking the end of the operation.

Business

In tennis, Puig wins Puerto Rico's 1st Olympic gold ever

The 22-year-old Puig, who now lives in Florida, was born in Puerto Rico. A month later, she followed that up by getting to the fourth round at Wimbledon, portending great things, but she hasn't been that far again at any major. During the ensuing changeover, Kerber was visited by a trainer, standing on the sideline while her lower back was massaged and manipulated. An on-serve pattern soon developed with the next break-point opportunity taking place three games later, but neither play was ...

Business

Fidel Castro Turning 90, Writes Letter Criticizing US President

But his friends and enemies on the streets of Havana and beyond are fully aware of the significance of the date. Though Castro is known for implementing a number of reforms geared toward eliminating inequality such as land redistribution and state incomes, his legacy is also blemished by aggressive control of media and freedom of speech, arbitrary arrests and executions, multiple human rights violations attributed to him.

Business

As Macy's Announces Store Closings, How Are Texas Department Stores Faring?

Many of Macy's branded stores are dubbed "anchors" that helped attract shoppers to malls. They "often don't represent the customer shopping experience that reflects our aspirations for Macy's brand", Hoguet said. He believes the company is doing a fair job integrating the modern online shopping experience with traditional "brick-and-mortar" stores. Most of the stores to be closed were underperformers or in weak locations, but Macy's said others were more desirable as a redevelopment ...

Business

Michael Jordan Sends Gear to Autistic Pickup Basketball Player

That guy we laugh at for playing pick up games in full Michael Jordan attire just got laced with a box of goodies from His Airness himself. Jordan apparently caught wind of the 33-year-old fan and made a decision to surprise him. Jordan took notice, sending Harrison plenty of swag to continue his homage. Never let anyone tell you you're going too hard in a pickup basketball game; your efforts might land you a phone call from Michael Jordan .

Business

Putin fires chief of staff, sign of fatigue with old guard

The Kremlin issued a statement today saying Ivanov had resigned voluntarily and would now serve as a special envoy on environmental and transport issues, a seemingly extraordinary step down. "We have worked for many years together with great success", Mr Putin told his long-serving ally. Multiple theories for why Ivanov had departed quickly arose in Russian Federation.

Business

Texas baby found dead after nine hours in hot car

According to the report, temperatures reached 100 degrees for much of Friday afternoon. The father was taken into custody for questioning. Police in the suburb of Helotes had initially said the infant was 7 months old. Last year, 25 children died of heatstroke after being left in hot cars. When police arrived, they found the father banging on the side of the auto, trying to get inside.

Business

DEA Makes Decision on Marijuana Rescheduling

We're in the habit of using quote marks around "medical" marijuana because, well, despite the branding effort by the pro-pot lobby there really is no such thing as "medical" pot. Supporters of marijuana legalization say that's largely the federal government's fault because it tightly controls such studies and only allows one university to grow marijuana for study purposes.

Business

Republican Party, Trump campaign to meet in Florida

It is comments like those that Mrs Clinton has seized on to try to contrast her "serious, steady leadership" with the more volatile approach she says Mr Trump would take to running the country. Although both candidates remain deeply unpopular, Clinton's net favorability rating rose in all four states, while Trump's remained the same or worsened.

Business

Court rules UK's Labour can omit 1000s from leadership vote

The leadership contest came to the North East this week with a hustings in Gateshead. In British Labour history, "Trotskyite" was used to describe militant Marxist campaigners who battled the party's leaders in the 1970s and 1980s. Announcing the Court of Appeal's decision, Lord Justice Beatson said: " On the correct interpretation of the party rules, the national executive committee has the power to set the criteria for members to be eligible to vote in the leadership election in the way ...

Business

The Hartford Financial Services Group, Inc. (NYSE:HIG) Consensus Earnings Predictions

The brokerage firm has raised the Price Target to $ 50 from a previous price target of $47. They now have a Dollars 97 price target on the stock. PNC Financial Services Group Inc (NYSE:PNC) is expected to release the earnings of its current quarter on 10/14/16.

Business

Thaksin Shinawatra denies Red Shirts involved in Thailand bombings

In total, eleven bombs were detonated in five southern provinces, killing four people and wounding dozens more. The timing of the attacks gives credence to the theory that domestic dissidents were behind it: The explosions occurred several days after Thais approved a new constitution in a referendum that critics say will ensure the military's hand in politics for the foreseeable future.

Business

Macy's to close 100 stores to refocus on best-performing locations

He says retailers are using the internet to complement their in-store sales and opening stores in town centers, which he says are increasingly popular with customers. Macys reported that profits fell to $11 million, or 3 cents a share, last quarter, down from $217 million, or 65 cents a share, in the same period past year.

Business

Tepid economic data pulls Wall Street back from highs

It's now up 11 percent over the past seven weeks, the longest winning streak for the index in more than four years. Macy's shares jumped 18%, marking the best day for the department store operator in almost eight years after it reported a smaller-than-expected drop in quarterly comparable-store sales and said it would close 100 stores.

Business

USA stock indexes move higher in afternoon trading; oil up

The retailers' earnings fueled optimism for the USA government's latest monthly tally of retail sales Friday. The S&P 500 Index, Dow Jones Industrial Average and Nasdaq Composite Index advanced amid better-than-forecast profits at retailers Macy's Inc and Kohl's Corp.

Business

Olympic gymnastics all-around champion results — SPOILER ALERT

The 20-year-old Texan, now studying at Stanford University, clocked in at 52.70 seconds, a new Olympic record. She was ready to have fun. But, it was clear that Biles and Raisman had been in it to win it since the beginning. Biles grabbed the gold, ending the night with a hefty 2.1 points over the silver medalist - Raisman. When Biles started, she was out of control. Left unsaid was that she does it better than anyone ever has before.

Business

Trump Tries To Explain Away ISIS Remark As 'Sarcasm'

At a rally , the under-fire Republican presidential candidate said Mr Obama was "the founder of Isis" , repeating the claim in two subsequent interviews . Some Republicans have criticized Obama and Clinton for not being aggressive enough in attacking the Islamic State group as it was seizing territory in Iraq and Syria two years ago.

Business

First Private Moon Landing by 2017 Gets OK from US Gov't

All other privately funded spaceflight companies, like SpaceX, also had to gain approval from the government for their activities, but none of the companies have yet attempted to send a spacecraft to the Moon or planet. After the most coveted approval by the government, Moon Express is a step towards winning the competition. It was prematurely declared dead in February 2014 after a harsh lunar night - the moon experiences two weeks of dark followed by two of light - then showed signs of ...


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