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Los Angeles Times
3 days ago
- Sport
- Los Angeles Times
Cole Tapper, crew repeat as champions of Governor's Cup regatta
The Governor's Cup international youth match racing championship has never had a three-time winner, but Australian skipper Cole Tapper did join a long list of two-time champions in defending his title on Sunday afternoon. Tapper is now the 14th skipper to win twice in the 58-year history of the regatta. Balboa Yacht Club's Argyle Campbell (1967-1968) and Andy Rose (1969-1970) were the original members of that club, each winning in back-to-back years like Tapper. Governor's Cup competitors may not have reached their 23rd birthday by the end of the event. At 22, Tapper will not have the opportunity to go for a third consecutive title. 'I think the team had to get pretty honest with ourselves at the start of this week that we probably weren't performing where we needed to be,' said Tapper, who flew to New York Sunday evening to compete in the Oakcliff International at Oyster Bay. 'We love coming here, and we put a lot into preparing, but we showed up and we were kind of off our game, to be honest. It took our coach, Jordan [Reece], to make us very accountable about what we were doing.' Neither championship came without its hiccups, or 'sea monsters,' as the commentating team of Tom Ehman and Rose like to call unforeseen events on the water. Tapper and his crew of Jack Frewin and Hamish Vass showed their mettle in a backdoor sweep of two-time champion Jeffrey Petersen (Balboa Yacht Club) in the 2024 final. The adversity in the most recent regatta came early, the defending champions struggling to find consistency during the double round robin. 'It's very nice because it gives you a lot of self belief,' Tapper said of returning with the same crew. 'You know that you can do it, so there was that. That, I think, got us through when we were not sailing so well at the start of this week. We were looking like we were going to come through fourth out of the round robins, and we managed to get into third. 'To have those troubles and then know, 'Hang on, we've done this before — we can do this,' it's really nice that we could lean on each other.' Alas, they finished strong with a pair of 3-1 series victories, against Josh Hyde, 21, of the Royal New Zealand Yacht Squadron in the semifinals and over Justin Callahan, 22, of the Miami-based Biscayne Bay Yacht Club in the finals. The victors were serenaded with an enthusiastic chant of 'Aussie, Aussie, Aussie,' to which they replied, 'Oi, Oi, Oi,' as their boat was towed back into the harbor. A cannon was also fired. Callahan, who has aspirations of competing in the two-person dinghy events at the 2028 Olympics, had less experience in match racing, but he earned the right to choose his semifinal opponent as the top finisher in the double round robin with a record of 20-2. In the latter stages of the regatta, Callahan received a surprise when his twin brother, Mitchell, turned up. 'To see my brother there, that was quite the best surprise I could have ever asked for,' Callahan said. 'It put a smile on my face. Having him here the last few days really meant the world to me. I think this is one of the longest times I haven't seen him, so it was great having him here, supporting us. … Having a brother is truly special. We sailed this regatta together here two years ago, and we came in fourth.' Newport Harbor Yacht Club's Morgan Pinckney, 20, won the petit final, 2-0, over Hyde, placing third overall in the competition. Balboa Yacht Club's Siena Nichols, 16, the youngest skipper in the field, finished in seventh place. 58th annual Governor's Cup At Balboa Yacht Club Results Championship final: Cole Tapper (AUS) def. Justin Callahan (USA), 3-1. Petit final: Morgan Pinckney (USA) def. Josh Hyde (NZL), 2-0. Fifth place: Michael Kirkman (USA) def. Theo Westerlind (SWE), 2-0. Seventh place: Siena Nichols (USA) def. Dylan Sih (USA), 2-0. Ninth place: Daniel Kemp (AUS) def. Victor Melchoir (DEN), 2-0. 11th place: Ethan Fong (NZL) def. Adam Leddy (IRL), 2-0.
Business Times
5 days ago
- Business
- Business Times
F&N's 9-month profit dips 3.9% to S$118.2 million, despite 10% revenue growth
[SINGAPORE] Beverage maker Fraser and Neave (F&N) posted a net profit of S$118.2 million for the nine months ended Jun 30, a 3.9 per cent decrease from the S$123 million in the same period the year before. Revenue went up by around 10 per cent to S$1.77 billion, from S$1.6 billion in the year-ago period. Profit before interest and taxes fell 1.6 per cent to S$234.8 million from S$238.7 million, largely due to a reduced contribution from Vietnam's Vinamilk, said F&N in a voluntary business update on Tuesday (Aug 5). Under the F&B segment, which comprises beverages and dairies, the revenue for beverages grew 19 per cent from the corresponding period last year. The company said a successful Chinese New Year campaign drove higher volumes for water and soft drinks, and that higher beer sales were attributed to F&N's new beer brand, Tapper. Meanwhile, revenue for dairies grew by 8 per cent, in part due to higher sales in canned milk in Thailand and export markets. Revenue in the printing and publishing segment, however, fell marginally by 1 per cent, the result of the absence of one-off contributions that had boosted the previous year's results. Earnings per share for the period stood at 8.1 Singapore cents, lower than 8.4 Singapore cents in the year before. Shares of F&N closed flat at S$1.43 on Tuesday, unchanged from the opening price before the announcement.
Daily Mirror
5 days ago
- Business
- Daily Mirror
State pensioners could lose DWP payments after 'unfair' £10,000 rule
The Department for Work and Pensions (DWP) has been urged to make a change to an 'unfair' rule that could see pensioners lose out on thousands of pounds in payments State pensioners risk losing Pension Credit due to an "unfair" Department for Work and Pensions (DWP) threshold. You can hold up to £10,000 in savings and investments without it affecting your pension credit if you satisfy other eligibility criteria. "Pension credit is means tested - but the "means" that are tested aren't what they were because of inflation," says Henry Tapper, chair of AgeWage and Pension Playpen. "Refreshing the amounts people can have in their accounts before losing a pension credit claim is both just and easy for the Department for Work and Pensions to do." It comes after news of state pension payment changes for August as people told to 'be aware'. Mr Tapper added: "An announcement from the DWP on this could trigger many people to look again at pension credit and inroads in the estimated 850,000 pensioners eligible but not claiming", reports Birmingham Live. Stephen Lowe, a director at retirement specialist Just Group, said: "The £10,000 lower capital limit means that every £500 of savings – not including the main residential property – held by people who qualify for pension credit counts as £1 income a week, which can erode the income received from the benefit. "This feels unfair on two fronts given many pensioners will aim to keep a rainy-day fund in the event of emergency repairs or a large, unexpected cost. "It is the equivalent of a 10.4 per cent interest rate. Secondly, the limit has not moved since 2009 and it is likely therefore that more and more people are seeing their benefit income reduced as they fall into this bracket." Former Pensions Minister Ros Altmann, who now sits in the House of Lords, said: "There are huge problems with the help available to the lowest income pensioners. "So many are too proud to claim what they see as "handouts" even though this is part of their entitlement because we all know the UK state pension is so low relative to all other developed countries. "Those just above the pension credit level lose out on thousands of pounds of extra benefits which pension credit recipients can enjoy – such as council tax and energy bill rebates, free TV licences and healthcare, so they end up far worse off than others just because they have small pensions or some savings. "Thirdly, the savings aspect of pension credit does not look at the actual income savers receive. If they have over £10,000 savings, the means test assumes they receive a level of interest far, far above market rates – over 10 per cent interest!"
Fox News
31-07-2025
- Politics
- Fox News
Nancy Pelosi erupts when asked by CNN's Jake Tapper about allegations of insider trading
Former House Speaker Nancy Pelosi appeared agitated Wednesday when CNN's Jake Tapper confronted her about insider trading allegations. On "The Lead," Tapper tried to show President Donald Trump's comments earlier that day accusing Pelosi of becoming rich "by having inside information" in stock trading. When he attempted to read Trump's comments after a technical error, she quickly shut him down. "Why do you have to read that?" Pelosi erupted. "We're here to talk about the 60th anniversary of Medicaid. That's what I agreed to come to talk…and what that means in the election." "I wanted to give you a chance to respond," Tapper replied. "He accused you of insider trading. What's your response to that?" "That's ridiculous," Pelosi replied. "In fact, I very much support the stop the trading of members of Congress. Not that I think anybody is doing anything wrong. If they are, they are prosecuted, and they go to jail. But because of the confidence it instills in the American people, don't worry about this." She continued, "But I have no concern about the obvious investments that have been made over time. I'm not into it. My husband is, but it isn't anything to do with anything insider. "But the president has his own exposure, so he's always projecting. He's always projecting, and let's not give him any more time on that, please." Pelosi added that she's "very proud" of her family and called out Trump for allegedly inspiring and mocking the attack against her husband Paul in 2022. "I'd rather not go into some of my other complaints about him right now, rather talk about the 60th anniversary of Medicaid and Medicare," Pelosi concluded. Sen. Josh Hawley's, R-Mo., Honest Act, a bill to ban all members of Congress and their spouses from trading stocks while in office, passed through the Senate Homeland Security and Government Affairs Committee on Wednesday with committee Democrats joining in support. Hawley originally introduced the bill as the PELOSI Act, or the Preventing Elected Leaders from Owning Securities and Investments Act, in April as a sly reference to accusations against Pelosi. He introduced a similar bill in 2023. The PELOSI Act was heavily marked up in the committee process, with the main difference between the two bills being that the Honest Act also bans the president and vice president from making trades while in office. Pelosi has come under fire for alleged insider trading after several reports emerged of her husband trading stock ahead of congressional measures. In 2022, for example, Paul Pelosi traded between $1 million and $5 million of stocks for semiconductors just days before Congress voted on a $52 million subsidy to the industry.
The Hill
31-07-2025
- Politics
- The Hill
Pelosi: Texas proposed House lines ‘undermining the diversity that we need to have' in Congress
Former House Speaker Nancy Pelosi (D-Calif.) said Wednesday that a set of new House lines proposed by Texas Republicans is 'undermining the diversity that we need to have' in Congress. 'Let me just say that what you just described was the elimination of many minority seats in Texas, and that's unfortunate, because the gerrymandering that they're doing is also undermining the diversity that we need to have in the Congress,' Pelosi told CNN's Jake Tapper on 'The Lead.' On Wednesday, Texas Republicans introduced a suggested set of new House lines, placing their party closer to gaining five seats in 2026. The freshly proposed map will likely mostly directly impact lawmakers situated near or in the Dallas-Fort Worth Area, Austin, Houston and the southern border. Democrats are hungry to regain power in Congress after their losses last November, which have left them debating what caused them to fail in that election. Later in Tapper's show, he interviewed current House Speaker Mike Johnson (R-La.), who said that his party will 'defy history when we grow the majority in the House' in next year's midterm elections. 'We have a solid, hardworking Republican majority in the House right now — and the Senate — we're delivering for the people. And I'm very excited to go out and tell that story,' Johnson told Tapper. 'I'm very excited about the midterm election. You know that we're going to defy history when we grow the majority in the House, because it's only twice in the last 90 years that a sitting president has picked up seats for his party in that first election cycle, but we're going to do it this time,' the Louisiana Republican added.
