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(Reuters) – Floyd Mayweather will give up nearly 35 pounds (16 kg) to YouTube personality Logan Paul when they step into the ring for their exhibition fight at Hard Rock Stadium in Miami on Sunday but that is the only thing the undefeated five weight division champion is conceding. The “ceremonial” weigh-in on Saturday produced no surprises with the 6 feet, 2 inches (1.88 m) Paul always going to have an advantage on the scales coming in at 189.5 lbs with the 5-foot, 8-inch (1.73 m) Mayweather… Source link

Everything that is great about heavyweight fighting and everything that is wrong with it was on display in the opening five minutes of the main event of UFC Vegas 28 on Saturday between Jairzinho Rozenstruik and Augusto Sakai. For more than four minutes at Apex, the two big men circled each other cautiously, their right hands cocked but rarely coming out of the holster. That was the bad part. But then, when Rozenstruik heard the clapper to signify 10 seconds were left in the round. He exploded… Source link

A controversial call at the end of the first half of Game 1 of the Brooklyn Nets versus Milwaukee Bucks Eastern Conference semifinal series resulted in a bad beat for some bettors. The first-half spread was Nets -2 over at BetMGM. And if you put money on the Nets covering the two points going into halftime, you were sitting pretty when they took an 11-point lead with 3:22 left in the second quarter. The lead for Brooklyn was eight points, 61-53, at the 1:57 mark and then seven points, 63-56,… Source link

Evgenia Parajanian / Getty Images/iStockphoto More and more support has been developing for a fourth — and possible fifth — stimulus check amongst members of Congress. See: $1,400 Stimulus May Be on the Way — This Time From Your StateFind: New Stimulus Perk Helps Pay for Your WiFi and Laptop In a new letter to President Joe Biden, seven members of the influential Ways and Means Committee have joined fellow members of Congress who support additional stimulus checks. It claims that that the… Source link

Surging usage of Polygon Network’s Ethereum layer 2 scaling solution allowed that platform’s token (MATIC) to largely escape the fate of other cryptocurrencies in May brought down by crash in the price of bitcoin. MATIC, currently ranked 18th as per market capitalization by Messari, rallied 120% in May even as bitcoin fell by 35%. Ether, polkadot, cardano, XRP, and decentralized finance (DeFi)-blue chips suffered bigger losses, pushing the total market capitalization of the crypto… Source link

(Bloomberg) — Index funds are supposed to cut out the human-driven craziness that periodically infects markets, but the recent meme-stock fever proved the $11 trillion industry is far from immune. The remarkable surge in shares of AMC Entertainment Holdings Inc. and a handful of other stocks is showing up in multiple exchange-traded funds, skewing portfolios, altering risk profiles and exerting outsized influence on prices. Take the $68 billion iShares Russell 2000 ETF (ticker IWM). In the… Source link

Bloomberg China Tech Crackdown Cycle Nearing an End, Top Investor Says (Bloomberg) — Beijing’s antitrust crackdown on homegrown tech giants may be coming to an end, leaving stock valuations of some of the major firms at attractive levels.That’s the view of Hyomi Jie at Fidelity International Ltd., whose China consumer equity funds oversee $7.3 billion in assets. One has beaten 96% of peers in the past year. Hong Kong-based Jie sold some of her holdings in Alibaba Group Holding Ltd. and… Source link

The Orlando Magic are launching a full rebuild, and they’ve already made one major change.  The Magic announced on Saturday that they’ve decided to part ways with head coach Steve Clifford. The move isn’t a firing, but reportedly a mutual decision.  Clifford, 59, became Magic head coach ahead of the 2018-2019 season. He led the team to a 42-40 record and a 33-40 record in his first two seasons, both of which ended with trips to the playoffs. They were eliminated in the first round both… Source link

Only one woman in history has run a faster women’s 100-meter than Shelly-Ann Fraser-Pryce did on Saturday: Florence Griffith Joyner. Jamaica’s Fraser-Pryce became the second-fastest woman ever with a magnificent 10.63 at a meet in Kingston on Saturday, blowing away her competition and obliterating the national record of 10.70 she shared with Elaine Thompson-Herah, who won the 100 gold at the 2016 Olympics.  Fraser-Pryce’s 10.63 is the fourth-fastest time ever recorded, and the fastest any… Source link

Chris Rock spoke to Insider in an interview about his former divorce lawyer, who is now representing Melinda Gates. Gilbert Carrasquillo/FilmMagic Chris Rock opened up about his experience with famed divorce lawyer Robert Stephan Cohen. Cohen is currently representing Melinda Gates, who could land the largest-ever divorce settlement. Rock said Cohen once told him the bitterest divorce disputes only amount to a fraction of what’s at stake. See more stories on Insider’s business page. In the worst… Source link