NHL 2020 training camps to begin July 10

The NHL and the NHL Players’ Association announced Thursday that teams will begin return-to-play Phase 3 training camps July 10, “provided that medical and safety conditions allow and the parties have reached an overall agreement on resuming play.”

The length of training camps and the Phase 4 resumption of play in an already agreed 24-team playoff will be determined at a later date.

Teams on Monday were allowed to begin training in small groups at their practice facilities. The Avalanche has yet to do so, along with many other clubs.

Lululemon Athletica Inc. Bottom Line Retreats In Q1

Lululemon Athletica Inc. (LULU) revealed earnings for first quarter that declined from the same period last year.

The company’s earnings came in at $28.63 million, or $0.22 per share. This compares with $96.60 million, or $0.74 per share, in last year’s first quarter.

Analysts had expected the company to earn $0.23 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter fell 16.7% to $651.96 million from $782.32 million last year.

Lululemon Athletica Inc. earnings at a glance:

-Earnings (Q1): $28.63 Mln. vs. $96.60 Mln. last year.
-EPS (Q1): $0.22 vs. $0.74 last year.
-Analysts Estimate: $0.23
-Revenue (Q1): $651.96 Mln vs. $782.32 Mln last year.

Apple CEO Tim Cook pledges $100 million toward racial justice

Apple Chief Executive Tim Cook said on Thursday the iPhone maker will increase spending with black-owned partners in its supply chain and seek to increase minority representation among the firms it does business with.

Cook made the remarks in a video posted to Twitter announcing a $100 million racial equity and justice initiative in the wake of the May 25 death of George Floyd in Minneapolis.

Other moves will include programs to foster black application developers and new initiatives to increase diversity and inclusion within Apple, Cook said.

Cook’s initiative follows a number of other corporate efforts to fight racism.

On Wednesday, Goldman Sachs announced its own $10 million fund to promote racial justice.

A day earlier, Morgan Stanley CEO James Gorman announced that the Roger Floyd murder moved him to make sure black employees had equal opportunities at his bank.

Donald Trump Makes Case For Joe Biden In Crazed All-Caps Tweet

President Donald Trump just dreamed up a campaign slogan that can only be described as “perfect.”

Perfect for Joe Biden, that is.

On Thursday morning, the president went on a Twitter rampage griping about whatever came to mind.

One tweet ― in all caps, naturally ― seemed to be driven by the public removal of a growing number of Confederate statues and flags amid anti-racism protests sparked by last month’s police killing of George Floyd:

“THOSE THAT DENY THEIR HISTORY ARE DOOMED TO REPEAT IT!”

Trump may have been referring to Confederate artifacts, but many Twitter users noted that his admonition could also be taken as a warning against reelecting him.

And they pounced with glee on the president’s self-own.

British health minister Hancock urges protesters not to attend rallies over coronavirus fears

LONDON (REUTERS) – British health minister Matt Hancock said on Thursday (June 11) people should not attend large demonstrations for public health reasons after protests in support of the Black Lives Matter movement attracted tens of thousands over the last week.

“I understand that people want to show their passion for a cause that they care deeply about but this is a virus that thrives on social contact, regardless of what your cause may be,” he said at a daily news conference.

UK manufacturing industry 'on brink of historic collapse'

Union leaders have told Al Jazeera manufacturing is on the brink of its biggest collapse in generations because of government inaction.

In the United Kingdom, union leaders have told Al Jazeera that manufacturing is on the brink of its biggest collapse in generations because of government inaction.

Every week, thousands of jobs are being lost in sectors like aerospace and car manufacturing.

Al Jazeera’s Laurence Lee reports.

Thirty-Year Bond Auction Attracts Average Demand

Finishing off this week’s announcements of the results of its long-term securities auctions, the Treasury Department revealed Thursday that its auction of $19 billion worth of thirty-year bonds attracted average demand.

The thirty-year bond auction drew a high yield of 1.450 percent and a bid-to-cover ratio of 2.30.

Last month, the Treasury sold $22 billion worth of thirty-year bonds, drawing a high yield of 1.342 percent and a bid-to-cover ratio of 2.30.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

The ten previous thirty-year bond auctions had an average bid-to-cover ratio of 2.34.

Earlier this week, the Treasury revealed its auction of $44 billion worth of three-year notes attracted above average demand, while its auction of $29 billion worth of ten-year notes attracted below average demand.

Longtime ICM Agent Dana Sims Moves To CAA

After nearly 11 years at ICM Partners, veteran agent Dana Sims has joined CAA. Sims, who previously spent over 10 years at WMA (William Morris Agency before it became William Morris Endeavor) will be based in the CAA Los Angeles office starting next month.

Clients who will be joining Sims at CAA are Chris “Ludacris” Bridges, Pearl Thusi, Alyssa Goss, and Dean Jagger, with others to be announced at a later date.

News of Dana exit comes soon after Deadline reported Laura Gordon, a rising star TV literary agent at ICM, had left the agency to join CAA.