Li Li Leung guided USA Gymnastics out of the darkness. The outgoing president is eager for a break
She stops.
'What have I learned?' Leung says again.
After a brief exchange to buy some time, she settles on an answer that, in typical Leung fashion, says a lot by saying only a little.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
9 minutes ago
- Yahoo
Some BoC governors wonder, has the central bank already cut its rate enough?
OTTAWA — Newly released documents show some members of the Bank of Canada were wondering last month whether the central bank's benchmark interest rate was already low enough to support the Canadian economy through U.S. tariffs. The Bank of Canada today released the summary of deliberations from the meetings leading up to its July 30th decision to hold the policy rate steady at 2.75 per cent. Those minutes show the central bank's governing council was fixed on how U.S. tariffs and the global trade 'rewiring' were affecting inflation and the wider Canadian economy. Despite the ongoing uncertainty, monetary policymakers noted there were some signs of economic resilience in Canada heading into the rate decision. The deliberations show some members wondered whether the Bank of Canada had already provided enough support by lowering its policy rate over the past year to guide the economy through its current tariff transition. Others felt that signs of slack emerging in the economy could warrant additional rate cuts, particularly if the labour market started showing more weakness. This report by The Canadian Press was first published Aug. 13, 2025. Craig Lord, The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
9 minutes ago
- Yahoo
Elauwit Connection Honored with Student Housing Business Innovator Award for Excellence in Connectivity Solutions
Extensive Student Housing Retrofit Awarded by Industry Peers Columbia, South Carolina--(Newsfile Corp. - August 13, 2025) - Elauwit Connection Inc., a national managed services provider for the multifamily and student housing markets, is proud to announce the receipt of a prestigious Innovator Award from Student Housing Business magazine. Presented on April 10, 2025, the award recognizes the Company for its work in Best Off-Campus Bandwidth, Connectivity, and IoT Solutions. This accolade highlights Elauwit's deep expertise in retrofitting student housing properties with high-speed, reliable, and future-ready internet experiences. The recognized project was a collaboration with Campus Advantage to upgrade the WiFi performance at The Spoke, a student housing property in Davis, California. Elauwit Connection designed and implemented a comprehensive fiber and network equipment upgrade, ensuring minimal disruption to residents. As a result, internet speeds surged from 30 Mbps to full Gigabit wired service, dramatically enhancing the overall resident experience. Beth Pinder, Chief Operating Officer of Campus Advantage, stated in its press release about the award: "Immediate improvements were evident after switching to Elauwit. The upgrade transformed the resident experience from sluggish, dial-up-like speeds to a gamer's paradise, providing seamless, high-speed connectivity from sidewalk to sofa - encouraging lease renewals. Property marketing efforts promoting the new internet service provider led to residents swiftly dropping their third-party providers, resulting in better service and cost savings." Taylor Jones, President and CTO of Elauwit, stated, "We were pleased to be able to offer students the WiFi experience they expect and deserve at a modern student living community. Even more, the immediate improvements have encouraged lease renewals and helped property marketing efforts, providing a win-win for both the property owner and the residents." Elauwit's commitment to quality and reliability is underscored by its recent SOC 2 Type 2 Certification, a key milestone that affirms the company's ability to safeguard sensitive customer data with the highest standards of security and compliance. As a managed services provider, Elauwit empowers real estate to turn premium connectivity into a competitive advantage by prioritizing service quality, reliability, and revenue generation. About Elauwit Elauwit Connection is a national managed services provider delivering turnkey internet and connectivity solutions for multifamily and student housing communities. With a focus on service quality, reliability, and revenue generation, Elauwit enables real estate owners' delivery of premium connectivity as a competitive advantage. For more information on Elauwit Connection, visit Contacts: Elauwit Connection Jones, President+1-704-558-3099sales-pr@ Investor Relations: Matt Kreps, Darrow Associates +1-214-597-8200 mkreps@ To view the source version of this press release, please visit
Yahoo
9 minutes ago
- Yahoo
Tapestry quarterly revenue likely rose 5.5% as Coach bags drew young shoppers
By Samantha Marshak -Tapestry kept up a brisk pace of sales in the April-June quarter, with revenue likely growing 5.5%, thanks to growing demand for its stylish handbags that are more affordable than traditional luxury labels. Accessible luxury companies, including Tapestry and Ralph Lauren, are gaining momentum in an economy hit by tariffs and inflation, where younger shoppers are being more prudent with their purchases. Shoppers are walking away from the more opulent wares offered by luxury firms, including Kering . Revenue in the New York-based company's fiscal fourth quarter is expected to have climbed to $1.7 billion, its second-quickest pace of growth in 12 quarters, according to LSEG data. Last week, Tapestry's rival and Michael Kors-owner Capri forecast quarterly revenue above estimates. Shares of Tapestry, which beat Wall Street revenue estimates in the past four quarters, have surged more than two-thirds this year. Revenue from the Coach brand, which accounted for 82% of the company's revenue for the first nine months of the year, likely grew almost 11% in the June quarter, according to LSEG estimates. "They've successfully repositioned the brand to target younger demographics with their Tabby and Brooklyn Bag brands," said Adam Steffanus, a managing director at Advisory Research Investment Management, which owns Tapestry stock. Steffanus noted that sales of European luxury brands LVMH and Chanel have suffered because they raised their prices too high. Tapestry said in May that it was well covered on cross-border tariff risk thanks to less than 10% of production from China and a diversified manufacturing base that includes 70% of production from Vietnam, Cambodia, and the Philippines. Still, Tapestry's other brand, Kate Spade, has been a drag on its performance. The brand has suffered from heavy promotions that have hurt its status as an upscale brand, Steffanus said. Morningstar analyst David Swartz said Coach could raise prices without driving away customers because of its high margins, but Tapestry cannot do the same for Kate Spade handbags. Kate Spade's revenue likely fell 13% in the April-June period, according to LSEG estimates. Tapestry reports earnings on Thursday. At least 16 analysts rate it "buy" or higher, with five rating it "hold." It has no "sell" calls, according to LSEG data.
