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Yahoo
7 minutes ago
- Sport
- Yahoo
Braves claim Jake Fraley from Reds
You wanted more roster moves? You got more roster moves. A veteran of seven MLB campaigns at this point, Fraley hasn't really distinguished himself, with a combined 3.8 fWAR in 1,537 career PAs (1.5/600). He's basically your generic 'great backup/poor regular' who might come with an extra year of arbitration-eligible team control (different sources show different things). Fraley avoided arbitration and signed a $3.125 million deal with the Reds this past offseason. He then proceeded to put up 0.4 fWAR in 193 PAs, which is pretty close to his career rate. He has a career 102 wRC+, which when combined with okay but undistinguished corner outfield defense, is what gets you to his below-average-regular status. At the plate, Fraley puts up his league-average batting line via walks and slapping at the ball; whatever the Braves are doing from a roster construction standpoint, they are certainly not wholeheartedly going back to The at least not immediately. No word yet on whose spot he'll take in the immediate future.
Yahoo
7 minutes ago
- Business
- Yahoo
UK Drops Push for Apple Encryption Back Door After U.S. Talks
The UK has agreed to drop its push for Apple (NASDAQ:AAPL) to create a back door into encrypted data, U.S. director of national intelligence Tulsi Gabbard said, calling it a win for privacy rights. Over the past few months, I've been working closely with our partners in the UK, alongside President Trump and Vice President Vance, to ensure Americans' private data remains private and our constitutional rights and civil liberties are protected, Gabbard said in a statement on Warning! GuruFocus has detected 2 Warning Sign with ARM. The original U.K. order, issued in January under the Investigatory Powers Act, faced heavy backlash from Apple, privacy advocates, and lawmakers in both countries. Critics warned it would weaken security globally and set a precedent for governments to demand access to personal data. According to the Financial Times, Vice President JD Vance personally stepped in during a recent UK visit to negotiate a compromise. A U.S. official said Vance secured a mutually beneficial understanding that Britain would rescind the order, though it has not yet been formally withdrawn. For Apple and its users, the move preserves the company's encryption stance and avoids what could have been a major turning point in the global privacy debate. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
7 minutes ago
- Business
- Yahoo
$617 Billion Fund Stampede: China Tech Is Back on the Menu
After spending much of the last year dodging China like a value trap, big-money managers are quietly changing their tune. HSBC's latest survey of nearly 300 emerging-market fundscollectively managing $617 billionshows that allocations to mainland China are climbing again, now making up nearly 28% of portfolios. That's a solid jump from 22.5% a year ago. While funds as a whole are still underweight China by 340 basis points, the gap has narrowed by 60 basis points just since April, suggesting sentiment could be stabilizing after a brutal stretch. Warning! GuruFocus has detected 2 Warning Signs with BABA. Part of that shift comes down to performance. Chinese equities are stringing together their fourth consecutive month of gains, helped by renewed enthusiasm around the country's AI ambitions. Generative AI optimism in early 2025 sparked a fresh rally in tech names, and investors now seem more comfortable with how Beijing is navigating Trump-era tariffs. Fund managers are selectively leaning into this recovery, raising exposure to stocks like Alibaba (NYSE:BABA), Xiaomi, and EV giant BYD (BYDDF). Alibaba in particular has been one of the top contributors to the MSCI EM index this year, signaling its rebound might be more than just noise. But this isn't a blanket EM bet. Latin America remains a strong overweight, with MercadoLibre still a favorite across portfolios. Meanwhile, money is trickling back into South Korea following June's elections, while positions in Poland are being trimmed after a strong run. Still, the big story here is Chinaonce radioactive, now quietly clawing its way back into favor among the world's biggest stock pickers. The rotation is slow, maybe cautious. But it's happening. This article first appeared on GuruFocus. 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
7 minutes ago
- Business
- Yahoo
America's Coffee Crisis? Tariffs Just Crushed the Brazilian Bean Pipeline
U.S. coffee roasters are scrambling after the Trump administration's 50% tariff on Brazilian beans took effect on August 6. Imports from Brazilnormally the source of a third of America's unroasted coffeehave virtually frozen, with buyers walking away from fresh deals and trying to renegotiate old ones. Florida-based Zaza Coffee, which still has 14 to 16 weeks of Brazilian supply left, said it's already planning to switch to beans from Central America, Peru, or Mexico. Brazil's exporter group Cecafe confirmed that some U.S. buyers are asking for delayed shipments in the hopes the tariff policy might shift. No one's really buying anything, said coffee broker Thiago Cazarini. For now, most roasters are holding their breath. Brazil dominates the arabica marketa smoother bean favored in premium blends and used exclusively by Starbucks (NASDAQ:SBUX). That makes replacements tricky. Roasters have blends that they like to keep as consistent as they can in any given cost environment, said Rabobank's Jim Watson. But consistency is getting expensive. San Francisco-based Ritual Coffee Roasters said a 10% tariff was already tough to swallow50% is staggering and insurmountable. Some companies are responding by stockpiling futures contracts or leaning harder into origins like Vietnam and Uganda, where tariffs are lower and supplies more predictable. If the impasse drags on, more Brazilian beans could flow to Europewhere demand is strong and traceability rules are tighteningor to China, a growing coffee market. In the U.S., though, sourcing alternatives isn't cheap. Honduran offers are already running 30 to 40 cents a pound above futures, and Colombian exporters are holding back entirely, waiting to see if the market jumps. We have a window where maybe something changes, said Zaza's JP Juarez. But if it doesn't, American roasters might have to start rethinking the tasteand the economicsof their daily brew. This article first appeared on GuruFocus. Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
Yahoo
7 minutes ago
- Politics
- Yahoo
Oregon city at heart of Supreme Court homelessness ruling to ensure camping spaces under settlement
PORTLAND, Ore. (AP) — The Oregon city at the heart of a major U.S. Supreme Court homelessness ruling has agreed to ensure camping spaces for at least 150 people as part of a settlement reached with a disability rights group that sued the city over its camping rules. Disability Rights Oregon, which sued Grants Pass in January, said Friday that it had reached a settlement agreement. The advocacy group accused the city of discriminating against people with disabilities and violating a state law requiring cities' camping regulations to be 'objectively reasonable.' 'This settlement represents a significant step forward in ensuring people with disabilities experiencing homelessness have places to rest, basic necessities like drinking water, and real opportunity to stabilize their lives,' Jake Cornett, executive director and CEO of Disability Rights Oregon, said in a statement. Grants Pass Mayor Clint Scherf said in an email Tuesday that the city appreciates having reached an agreement and will "continue to work toward effective measures to benefit all members of our community.' A copy of the settlement agreement showed the city signed off on it earlier this month. Josephine County Circuit Court Judge Sarah McGlaughlin issued a preliminary injunction in March blocking the city from enforcing its camping rules unless it increased capacity at city-approved sites for camping and ensured they are physically accessible to people with disabilities. City ordinances prohibit sleeping or leaving personal property in a park overnight in most cases. Those found in violation can be fined up to $50. The city said Friday on Facebook that law enforcement 'will begin noticing the parks, and occupants will have 72 hours to remove their belongings.' The city's website shows three 'designated resting locations' in the downtown area, near City Hall and the police station, where people can stay for four days before having to relocate. The time limit can be enforced unless disability accommodations are necessary, the city said on Facebook. At resting sites, individuals are limited to spaces that are 8 feet by 8 feet (2.4 meters by 2.4 meters), with buffers of 3 feet (0.9 meters) between spaces, as outlined in city code. Under the settlement, Grants Pass must ensure that at least 150 camping spaces are available in compliance with the Americans with Disabilities Act for the next 12 months. Drinking water and hand washing stations must be available on-site. The city must also provide $60,000 in grant funding to a nonprofit for homeless services. Grants Pass, a small city of about 40,000 along the Rogue River in the mountains of southern Oregon, has struggled for years to address the homelessness crisis and become emblematic of the national debate over how to deal with it. Its parks in particular became a flashpoint, with many of them becoming the site of encampments blighted by drug use and litter. Last June, in a case brought by the city, the U.S. Supreme Court ruled that communities can ban sleeping outside and fine people for doing so, even when there are not enough shelter beds. After the high court ruling, Grants Pass banned camping on all city property except locations designated by the City Council, which established sites for the town's hundreds of homeless people in a bid to move them from the parks. Upon taking office in January, the new mayor and new council members moved to close the larger of the two sites, which housed roughly 120 tents, according to Disability Rights Oregon's complaint, which said the sites were frequently crowded with poor conditions and inaccessible to people with disabilities because of loose gravel. After the lawsuit was filed, the city reopened a second, smaller site. McGlaughin's order in March said the city had to increase capacity to what it had been before the larger site was closed. Homelessness increased 18% last year nationwide, driven mostly by a lack of affordable housing as well as devastating natural disasters and an increase in migrants in some areas. Claire Rush, The Associated Press
