Tag Archives: limits

BlockFi limits platform activity, including a halt on client withdrawals

Crypto lender BlockFi has halted client withdrawals on its platform as part of a broader limit on platform activity in the wake of FTX’s collapse.

The company said in a Nov. 11 tweet that a “lack of clarity on the status of FTX.com, FTX US and Alameda” has prevented it from being able to operate as normal.

As a result, it has limited platform activity until there is further clarity on the developing situation, it said. 

The firm has also requested that clients do not deposit to BlockFi wallets or Interest Accounts at this point in time.

It comes only days after a Twitter thread in which BlockFi founder and COO Flori Marquez on Nov. 8 assuring users that all BlockFi products were fully operational, as they have a $400 million line of credit from FTX US, which is a separate entity from the one affected by a liquidity crunch.

Marquez’s comment that BlockFi “will remain an independent entity until at least July 2023” is likely a reference to the deal with FTX US that provided them with the line of credit, in which FTX US was provided an option to acquire BlockFi for a variable price up to $240 million. 

However, recent developments from FTX US, in which a banner at the top of the FTX US website said “trading may be halted on FTX US in a few days” has raised questions about the financial impact the fallout of FTX has had on its US arm.

Related: FTX US resigns from the Crypto Council for Innovation

The crypto community has not taken well to the abrupt change in language coming out of BlockFi, who had just 12 hours earlier assured customers that “all crypto transactions, including withdrawals, would continue as normal.” 

Kevin Paffrath, CEO of HouseHack and a YouTuber with 1.85 million subscribers pointed out a similar u-turn in Sam Bankman-Fried’s public comments in the lead-up to the FTX fallout.



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NASA leaves its Artemis I rocket exposed to winds above design limits

Enlarge / The upper part of the Space Launch System rocket and the Orion spacecraft likely faced the strongest wind gusts on Thursday morning.

Trevor Mahlmann

Early on Thursday morning, Hurricane Nicole made landfall near Vero Beach on Florida’s eastern coast. Because Nicole had a very large eye, nearly 60 miles in diameter, its strongest winds were located well to the north of this landfalling position.

As a result of this, Kennedy Space Center took some of the most intense wind gusts from Nicole late on Wednesday night and Thursday morning. While such winds from a Category 1 hurricane are unlikely to damage facilities, they are of concern because the space agency left its Artemis I mission—consisting of the Space Launch System rocket and Orion spacecraft—exposed on a pad at Launch Complex-39B. The pad is a stone’s throw from the Atlantic Ocean.

How intense were the winds? The National Weather Service hosts data from NASA sensors attached to this launch pad’s three lighting towers on a public website. It can be a little difficult to interpret the readings because there are sensors at altitudes varying from 132 feet to 457 feet. Most of the publicly available data appears to come from an altitude of about 230 feet, however, which would represent the area of the Space Launch System rocket where the core stage is attached to the upper stage. The entire stack reaches a height of about 370 feet above the ground.

Prior to Nicole’s arrival, NASA said its SLS rocket was designed to withstand wind gusts of 74.4 knots. Moreover, the agency stated on Tuesday in a blog post, “Current forecasts predict the greatest risks at the pad are high winds that are not expected to exceed the SLS design.”

From the publicly available data, however, it appears that the rocket was exposed to wind gusts near, at, or above 74.4 knots for several hours on Thursday morning. A peak gust of 87 knots was reported on the National Weather Service site, with multiple gusts above NASA’s design levels. It is possible that the 74.4-knot design limit has some margin built into it.

The space agency is incorrect to suggest that forecasters did not predict such winds from Nicole. The reality is that wind speed probability forecasts from the National Hurricane Center allowed for the possibility of winds that high, even if they were not the most likely scenario. On Tuesday, shortly before NASA issued its blog post update downplaying the risks to Artemis I from Nicole, the National Hurricane Center predicted a 15 percent chance of hurricane-force winds near Kennedy Space Center, which would have produced gusts similar to those measured Thursday morning at the launch site.

What’s next

So what happens now? Nominally, the space agency is still targeting a launch attempt at 1:04 am ET (06:04 UTC) on Wednesday, November 16. Theoretically that remains possible, but in reality it seems unlikely. When it is safe for NASA employees and contractors to return to Kennedy Space Center, perhaps later today or Friday, they will begin inspections of the vehicle.

According to Phil Metzger, an engineer who worked on the space shuttle program for NASA, the most likely concern will be the structural integrity of the rocket after being exposed to prolonged periods of high winds. A rocket is designed to go upward, so although its structure can endure intense pressure and winds in a vertical direction, it is not designed to withstand similar winds in the horizontal direction.

In a series of tweets, Metzger predicted that it will be a busy couple of weeks for structural engineers to assess the risks of damage from the storm and potentially seek waivers to fly the vehicle after its exposure to these loads. This will be a difficult task. There is no ability to X-ray the structures inside the rocket, so this process will involve running, and re-running, structural calculations. At some point the program’s leadership will have to decide whether the risk—which includes the potential for the rocket to break apart during launch—is too high to fly without further inspections or remedial work.

So why did NASA not just roll back for cover? The timing here is key. It takes about three days to prepare and roll the rocket back from the launch pad to the protective Vehicle Assembly Building at Kennedy Space Center. NASA, therefore, probably would have had to make the rollback decision Sunday. At the time, the most likely outcome, predicted by forecasters, was that the rocket would have been exposed to 40-knot winds.

Space agency officials have not been made publicly available to talk about their decision-making process, but NASA’s blog post on Tuesday suggests that a final call was indeed made on Sunday night: “Based on expected weather conditions and options to roll back ahead of the storm, the agency determined Sunday evening the safest option for the launch hardware was to keep the Space Launch System rocket and Orion spacecraft secured at the pad.”

From the space agency’s vantage point on Sunday, there was clearly a non-zero risk of damaging winds to the rocket, but it was low, probably less than 5 percent. Rolling the rocket back at the time would have taken away several launch attempts, and perhaps even wiped out the entire November launch period, for the long-awaited Artemis I mission. If the launch was delayed into December, that would have opened up a host of other problems for the agency, perhaps most critically that its certification of the solid rocket booster lifetime—these massive powder-based boosters have been stacked for nearly two years—was about to expire.

So NASA had a lot of good reasons to want to get the Artemis I mission off the launch pad this month. Accordingly, they gambled a bit with the weather. They may have lost.

Go to discussion…



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How to save above 401(k) deferral limits with after-tax contributions

If you’ve already maxed out 401(k) plan contributions for 2022 and you’re eager to save more for retirement, some plans have an under-the-radar option, experts say.

For 2022, you can defer $20,500 into a 401(k), plus an extra $6,500 for investors 50 and older. But the total plan limit is $61,000 per worker, including matches, profit sharing and other deposits. And some plans let you exceed the $20,500 deferral limit with so-called after-tax contributions. 

“It’s definitely something higher-income people may want to consider at the end of the year if they’re looking for places to put additional savings,” said certified financial planner Ashton Lawrence, a partner at Goldfinch Wealth Management in Greenville, South Carolina.

More from Personal Finance:
Investors can defer up to $22,500 in a 401(k) and $6,500 in IRAs in 2023
63% of Americans now live paycheck to paycheck as inflation outpaces wages
IRS: Here are the new income tax brackets for 2023

After-tax versus Roth accounts

After-tax contributions are different than Roth 401(k) plans. While both strategies involve saving money after taxes, there are some key differences.

For 2022, if you’re under 50, you can defer up to $20,500 of your salary into your plan’s regular pretax or Roth 401(k) account. The percentage of plans offering a Roth 401(k) saving option has surged over the past decade.

However, some plans offer additional after-tax contributions to your traditional 401(k), which allows you to save more than the $20,500 cap. For example, if you defer $20,500 and your employer kicks in $8,000 for matches and profit-sharing, you may save another $32,500 before hitting the $61,000 plan limit for 2022.

While the number of plans offering after-tax 401(k) contributions has been rising, it’s still less common among smaller companies, according to an annual survey from the Plan Sponsor Council of America.

In 2021, roughly 21% of company plans offered after-tax 401(k) contributions, compared to about 20% of plans in 2020, the survey found. And almost 42% of employers of 5,000 or more provided the option in 2021, up from about 38% in 2020.

Despite the uptick, after-tax 401(k) participation declined in 2021, dropping to about 10% from nearly 13% the previous year, the same survey showed.

Leverage the ‘mega backdoor Roth’ strategy

Once you’ve made after-tax contributions, the plan may allow what’s known as a “mega backdoor Roth” strategy, which includes paying levies on growth and moving the funds for future tax-free growth.

“That’s a nice way to go ahead and start boosting that tax-free money for those future years,” Lawrence said.

Depending on the plan rules, you may transfer the money to a Roth 401(k) within the plan or to a separate Roth individual retirement account, explained Dan Galli, a CFP and owner at Daniel J. Galli & Associates in Norwell, Massachusetts. And with many details to consider, working with an advisor may be worthwhile.

However, “there’s a fair number of professionals — from CPAs, attorneys, wealth managers and financial planners — who don’t understand or are not familiar with in-plan Roth [401(k)] rollovers,” he said.  

There’s a fair number of professionals — from CPAs, attorneys, wealth managers and financial planners — who don’t understand or are not familiar with in-plan Roth [401(k)] rollovers.

Dan Galli

Owner at Daniel J. Galli & Associates

While the “knee-jerk reaction” is to roll after-tax 401(k) funds out of the plan into a Roth IRA, investors need to “know the rules” and possible downsides, such as losing access to institutional pricing and funds, Galli said.

“There’s no right or wrong,” he said. “It’s just understanding the advantages, and my impression is most people don’t understand that you can do this all within the 401(k).”

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Putin adds martial law in Ukraine regions, limits in Russia

KYIV, Ukraine (AP) — Russian President Vladimir Putin doubled down Wednesday on his faltering invasion of Ukraine with a declaration of martial law in four illegally annexed regions and preparations within Russia for draconian new restrictions and crackdowns.

Putin’s drastic efforts to tighten his grip on Ukrainians and Russians follow a series of embarrassing setbacks: stinging battlefield defeats, sabotage and troubles with his troop mobilization.

The martial law order belies the Kremlin’s attempts to portray life in the annexed regions as returning to normal. The reality is that a military administration has replaced civilian leaders in the southern city of Kherson and a mass evacuation from the city is underway as a Ukrainian counteroffensive grinds on.

The battle for Kherson, a city of more than 250,000 people with key industries and a major port, is a pivotal moment for Ukraine and Russia heading into winter, when front lines could largely freeze for months. It’s the largest city Russia has held during the war, which began Feb. 24.

A trickle of evacuations from the city in recent days has become a flood. Local officials said Wednesday that 5,000 had left out of an expected 60,000. Russian state television showed residents crowding on the banks of the Dnieper River, many with small children, to cross by boats to the east — and, from there, deeper into Russian-controlled territory.

In announcing martial law effective Thursday, Putin told his Security Council, “We are working to solve very difficult large-scale tasks to ensure Russia’s security and safe future.”

Putin’s army is under growing pressure from a Ukrainian counteroffensive that has clawed back territory. The Russian leader is also faltering after the sabotage of a strategically important bridge linking Russia with Crimea, assassinations of Kremlin-installed officials in Kherson and mistakes he himself has admitted in his partial troop mobilization.

Putin’s martial law declaration authorized the creation of civil defense forces; the potential imposition of curfews; restrictions on travel and public gatherings; tighter censorship; and broader law enforcement powers in Kherson and the other annexed regions of Donetsk, Luhansk and Zaporizhzhia.

In an ominous move, Putin opened the door for restrictive measures to be extended across Russia, too. That may lead to a tougher crackdown on dissent than the current dispersal of antiwar protests and jailing of people making statements or providing information about the fighting that differs from the official line.

The severity of new restrictions inside Russia depends on proximity to Ukraine.

Putin put areas nearest Ukraine on medium alert, including annexed Crimea, Krasnodar, Belgorod, Bryansk, Kursk, Rostov. Local leaders are authorized to organize territorial defense, ensure public order and safety, safeguard transportation, communication and energy facilities, and use these resources to help meet the Russian military’s needs.

Leaders in these border areas can also carry out resettlements of residents and restrict freedom of movement. Leaders in other areas have been granted similar powers, depending on their alert level.

In the Kherson region, Ukrainian forces have pushed back Russian positions on the west bank of the Dnieper River. By pulling civilians out and fortifying positions in the region’s main city, which backs onto the river, Russian forces appear to be hoping that the wide, deep waters will serve as a natural barrier against the Ukrainian advance.

Russia has said the movement of Ukrainians to Russia or Russian-controlled territory is voluntary, but in many cases, they have no other routes out, and no other choice.

Under martial law, authorities can force evacuations. Ukraine’s national security chief, Oleksiy Danilov, said on Twitter that Putin’s declaration is “preparation for the mass deportation of the Ukrainian population to the depressed regions of Russia to change the ethnic composition of the occupied territory.”

For months, reports have circulated of forced deportations, and an Associated Press investigation found that Russian officials deported thousands of Ukrainian children to be raised as Russian.

Ukraine’s Foreign Ministry said Putin’s decree is illegal, calling it part of his effort “to deprive the inhabitants of the temporarily occupied territories of Ukraine of even basic human rights.”

Russian authorities played up fears of an attack on Kherson, seemingly to persuade residents to leave. Text messages warned residents to expect shelling, Russian state media reported.

One resident reached by phone described military vehicles leaving the city, Moscow-installed authorities scrambling to load documents onto trucks, and thousands of people lining up for ferries and buses.

“It looks more like a panic rather than an organized evacuation. People are buying the last remaining groceries in grocery shops and are running to the Kherson river port, where thousands of people are already waiting,” the resident, Konstantin, said. The AP is withholding his family name, as he requested, for his safety.

“People are scared by talk of explosions, missiles and a possible blockade of the city,” he added.

Leaflets told evacuees they could take two large suitcases, medicine and food for a few days.

Andriy Yermak, head of the Ukrainian presidential office, called the evacuation “a propaganda show” and said Russia’s claims that Kyiv’s forces might shell Kherson “a rather primitive tactic, given that the armed forces do not fire at Ukrainian cities.”

Ukrainian military analyst Oleh Zhdanov said the operation could presage intense fighting and “the harshest” tactics from Russia’s new commander for Ukraine, Gen. Sergei Surovikin.

“They are prepared to wipe the city from the face of the Earth but not give it back to the Ukrainians,” Zhdanov said in an interview.

In a rare acknowledgement of the pressure that Kyiv’s troops are exerting, Surovikin described the Kherson situation as “very difficult.” Russian bloggers interpreted the comments as a warning of a possible Kremlin pullback. Surovikin claimed that Ukrainian forces were planning to destroy a hydroelectric facility, which local officials said would flood part of Kherson.

Incapable of holding all the territory it has seized and struggling with manpower and equipment losses, Russia has stepped up air bombardments, with a scorched-earth campaign targeting Ukrainian power plants and other key infrastructure. Russia has also increased its use of weaponized Iranian drones to hit apartment buildings and other civilian targets.

Russia launched numerous missiles over Ukraine on Wednesday. Ukrainian authorities said they shot down four cruise missiles and 10 Iranian drones. Energy facilities were hit in the Vinnytsia and Ivano-Frankivsk regions.

Air raid sirens blared in the Ukrainian capital, Kyiv, sending many people into metro stations for shelter. Mayor Vitali Klitschko announced the city would start seasonal centralized heating on Thursday at lower temperatures than normal to conserve energy.

A Ukrainian energy official, Oleksandr Kharchenko reported Wednesday that 40% of the country’s electric system had been severely damaged. Authorities warned all residents to cut consumption and said power supply would be reduced Thursday to prevent blackouts. One area where power and water were reported knocked out due to overnight shelling was Enerhodar. The southern city is next to the Zaporizhzhia nuclear power plant, which is one of the war’s most worrisome flashpoints.

Missiles severely damaged an energy facility near Zelenskyy’s hometown, Kryvyi Rih, a city in south-central Ukraine, cutting power to villages, towns and to one city district, the regional governor reported.

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Karmanau reported from Tallinn, Estonia.

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Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine

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Doctor: Fetterman has ‘auditory processing disorder’ symptoms, but no work limits

Comment

Pennsylvania Democratic Senate nominee John Fetterman, who suffered a stroke in May, is showing symptoms of “an auditory processing disorder which can come across as hearing difficulty,” but he has no work restrictions, his primary care doctor said in a letter released by his campaign Wednesday.

The Oct. 15 note from Clifford Chen, a physician at the University of Pittsburgh Medical Center, says Fetterman, the lieutenant governor of Pennsylvania, had a follow-up visit on Oct. 14. “Occasional words he will ‘miss’ which seems like he doesn’t hear the word but it is actually not processed properly,” Chen writes.

Fetterman and his aides have often mentioned this condition. He has relied on closed-captioning in interviews with the press and will do so again during a debate next week against Republican nominee Mehmet Oz.

The Democratic nominee’s “hearing of sound such as music is not affected. His communication is significantly improved compared to his first visit assisted by speech therapy, which he has attended on a regular basis since the stroke,” writes Chen. Fetterman has acknowledged that he sometimes stumbles over his words.

The letter marks the most detailed information Fetterman’s campaign has provided from a doctor since an early June letter explaining that surgery conducted 17 days earlier to install a defibrillator was to treat a previously undisclosed diagnosis of cardiomyopathy, and not for atrial fibrillation as the campaign originally claimed.

President Biden on June 14 said he spoke over Zoom with Senate candidate John Fetterman (D-Pa.), who is recovering from a recent stroke. (Video: The Washington Post)

Chen writes that Fetterman’s vital signs, such blood pressure, heart rate and pulse oximetry, were normal. All of his bloodwork, including cholesterol and liver function, were also normal, Chen writes. Fetterman has no strength or coordination difficulties or cognitive impairments. His remaining issue, Chen writes, is auditory processing.

Oz has attacked Fetterman for not releasing more detailed medical records or making his doctors available for interviews with the press.

Chen writes that he’s consulted with Fetterman’s neurologist and cardiologist. Fetterman takes “appropriate medications to optimize his heart condition and prevent future strokes.” Fetterman is “well and shows strong commitment to maintaining good fitness and health practices. He has no work restrictions and can work full duty in public office,” Chen writes.

Fetterman won the Democratic nomination days after his May stroke without fully disclosing the extent of his physical condition. He revealed more than two weeks later that he had been diagnosed in 2017 with cardiomyopathy that decreased the amount of blood his heart could pump and had failed to take his medications and follow up with a doctor.

Oz has released three letters written by his doctor from this year and recent years that describe his health as “excellent.”

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Diet High in Guar Gum Fiber Limits Inflammation and Multiple Sclerosis Symptoms

Summary: Diets high in guar gum, a dietary fiber and common food additive extracted from guar beans, limit inflammation and delay the onset of multiple sclerosis in mouse models.

Source: University of British Columbia

Diets high in guar gum, a common food additive and dietary fibre, limited inflammation and delayed the onset of multiple sclerosis (MS) symptoms in mice, according to new research by members of the University of British Columbia (UBC) Microbiology and Immunology department.

“The rapid increase of autoimmune and inflammatory disorders in industrialized countries in the last few decades indicates dietary choices are one environmental factor contributing to incidence,” said Dr. Lisa Osborne, senior researcher on the study and an assistant professor with UBC Microbiology and Immunology.

“Dietary fibres are potent modulators of immune responses and can control inflammation in multiple diseases, but they’re a very biochemically diverse family. Our study gives us a clearer window into the potential of several sources of fibre in maintaining immune health.”

Dr. Osborne and colleagues exposed groups of mice to a variety of diets—a control five percent cellulose fibre diet, a diet entirely lacking in dietary fibre, or diets enriched (30%) with fibre in either resistant starch, inulin, pectin, or guar gum. Quar gum was the only fibre type that significantly limited the MS-like symptoms. 

Guar gum—guaran—is extracted from guar beans, and is often used as an additive to thicken and stabilize food and animal feed, and in industrial applications. India and Pakistan are major growers of the bean.

“Guar beans aren’t that common in western diets, and the gum isn’t used at these high levels as an additive in the west,” says Naomi Fettig, first author on the study and a PhD student with the Department of Microbiology and Immunology at UBC.

Guar gum—guaran—is extracted from guar beans, and is often used as an additive to thicken and stabilize food and animal feed, and in industrial applications. Image is in the public domain

“Experts have consistently been saying fibre is good for you—and a variety of fibre sources is important to immune health—but there hasn’t been very much critical work into identifying how the body responds to different fibre types. It’s fascinating that this particular source has such an impact.”

In the US and Canada, the average daily intake of fibre is 15 grams—current recommendations are double that at 30 grams. The recommended values don’t take into account any specific fibre type.

“Incorporating guar beans might be challenging to achieve at the doses we gave to mice,” says Dr. Osborne. “But a guar gum derivative, partially hydrolyzed guar gum, is commercially available as a prebiotic.”

After the gum is broken down by the microbiota of mice, the resulting molecules appeared to reduce the activity and proliferation of a type of CD4+ T cells, Th1 cells, that play a key part in activating the autoimmune response. It’s that response that leads to MS-like symptoms in mice.

The effects of fibre on Th1 cells remained largely unknown prior to this study, and these findings suggest that the biochemical differences in fibre structures can influence diverse immune pathways.   

Dr. Osborne and her lab now want to explore the potential benefits in humans—including developing a more detailed understanding of the molecular picture, which might help design therapeutics that offer the benefits of such high guar gum diets in a more practical form. 

About this diet and multiple sclerosis research news

Author: Chris Balma
Source: University of British Columbia
Contact: Chris Balma – University of British Columbia
Image: The image is in the public domain

Original Research: Open access.
“Inhibition of Th1 activation and differentiation by dietary guar gum ameliorates experimental autoimmune encephalomyelitis” by Lisa Osborne et al. Cell Reports

See also


Abstract

Inhibition of Th1 activation and differentiation by dietary guar gum ameliorates experimental autoimmune encephalomyelitis

Highlights

  • Individual dietary fiber sources have distinct impacts on T cell subsets
  • The dietary fiber guar gum impairs Th1 polarization and alters migratory potential
  • Guar gum elevates short-chain fatty acids but does not impact regulatory T cells
  • Guar gum supplementation significantly delays autoimmune neuroinflammation

Summary

Dietary fibers are potent modulators of immune responses that can restrain inflammation in multiple disease contexts.

However, dietary fibers encompass a biochemically diverse family of carbohydrates, and it remains unknown how individual fiber sources influence immunity.

In a direct comparison of four different high-fiber diets, we demonstrate a potent ability of guar gum to delay disease and neuroinflammation in experimental autoimmune encephalomyelitis, a T cell-mediated mouse model of multiple sclerosis.

Guar gum-specific alterations to the microbiota are limited, and disease protection appears to be independent of fiber-induced increases in short-chain fatty acid levels or regulatory CD4+ T cells. Instead, CD4+ T cells of guar gum-supplemented mice are less encephalitogenic due to reduced activation, proliferation, Th1 differentiation, and altered migratory potential.

These findings reveal specificity in the host response to fiber sources and define a pathway of fiber-induced immunomodulation that protects against pathologic neuroinflammation.

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MLB adopts pitch clock, shift limits, bigger bases for 2023

NEW YORK (AP) — Major League Baseball is introducing some of its most radical rules next season, adopting a pitch clock and limiting defensive shifts after concluding modern analytics created a slower, less entertaining sport.

The decisions were made Friday by the sport’s 11-man competition committee over the unanimous opposition of the panel’s four players. Commissioner Rob Manfred pushed for the innovations along with a management team that included former Boston and Chicago Cubs executive Theo Epstein, now an MLB consultant.

“The influx of data in our industry,” Epstein said, “have not improved the game from an esthetic standpoint or from an entertainment standpoint. So in my role now, it’s my responsibility to try to look at the big picture, think about what’s great for fans.”

Players supported the third major initiative: larger bases that are expected to lessen injuries and lead to more stolen bases because of a decreased distance of 4 1/2 inches.

Manfred called the rules an attempt to “bring back the best form of baseball.”

“Number one, fans want games with better pace,” he said during a news conference. “Two, fans want more action, more balls in play. And three, fans want to see more of the athleticism of our great players.”

Union head Tony Clark was noticeably absent, as he was at the announcement of an agreement in March that ended a 99-day lockout.

“Players live the game — day in and day out. On-field rules and regulations impact their preparation, performance, and ultimately, the integrity of the game itself,” the union said in a statement. “Major League Baseball was unwilling to meaningfully address the areas of concern that players raised.”

The pitch clock will be set at 15 seconds with no runners on base and 20 seconds with runners — up from the 14/19 tested at Triple-A this season and 14/18 at lower minor league levels.

There will be a limit of two of what MLB calls disengagements — pickoff attempts or steps off the rubber — per plate appearance, and a balk would be called for a third or more unless there is an out. The disengagement limit, which some players predict will beneft baserunners, would be reset if a runner advances.

A catcher is required to be in the catcher’s box with nine seconds left on the clock and a hitter in the batter’s box and focused on the pitcher with eight seconds remaining. Penalties for violations will be a ball called against a pitcher and a strike called against a batter.

A batter can ask an umpire for time once per plate appearance, and after that it would be granted only at the umpire’s discretion if the request is made while in the batter’s box.

The clock, which some players suggested be altered for late and close situations, has helped reduce the average time of a nine-inning game in the minor leagues from 3 hours, 4 minutes in 2021 to 2:38 this season. The average time of a nine-inning game in the major leagues this year is 3:07, up from 2:46 in 1989 and 2:30 in the mid-1950s.

“It reminded me of the game that I grew up watching in the ’70s and ’80,” said former outfielder Raúl Ibañez, now an MLB senior vice president.

Two infielders will be required to be on either side of second and all infielders to be within the outer boundary of the infield when the pitcher is on the rubber. Infielders may not switch sides unless there is a substitution, but five-man infields will still be allowed, MLB executive vice president Morgan Sword said.

Shifts have soared from 2,357 times on balls hit in play in 2011 to 28,130 in 2016 and 59,063 last year, according to Sports Info Solutions. Shifts are on pace for 68,000 this season.

“I think fans will cherish the moments absent the extreme defensive shifts when games are decided not by whether their team’s infield is positioned by the perfect algorithm, but by whether their team’s second baseman can range to make an athletic dive playing with everything on the line,” Epstein said.

MLB’s season batting average has dropped from .267 in 1997 to .243 this year, with a team’s average runs declining from 4.77 to 4.33.

“The game has evolved in a way that nobody would have chosen if we were sitting down 25 years ago to chart a path towards the best version of baseball,” Epstein said. “Nobody would have asked for fans to have to wait more than four minutes for balls to be put into play. Nobody would have asked for generational lows and stolen bases, triples and doubles.”

Base size will increase to 18-inch squares from 15 — first basemen are less likely to get stepped on.

In addition, each team will be allowed a sixth mound visit in the ninth inning next year, if it has used five during the first eight innings.

Until last winter, MLB needed one year advance notice to amend on-field rules without union approval bur the March lockout settlement established the committee. It members include St. Louis CEO Bill DeWitt Jr., San Francisco chairman Greg Johnson, Colorado CEO Dick Monfort, Toronto CEO Mark Shapiro, Seattle chairman John Stanton and Boston chairman Tom Werner, and umpire Bill Miller. Cardinals pitcher Jack Flaherty, Rays pitcher Tyler Glasnow, Blue Jays infielder/outfielder Whit Merrifield and Giants outfielder Austin Slater represented players Friday, a group that included Cubs infielder Ian Happ as an alternate.

“It’s hard to get consensus among the group of players on changing the game,” Manfred said. “I think at the end of the day what we did here was about giving fans the kind of game they want to see.”

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More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports



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Florence Pugh Limits ‘Don’t Worry Darling’ Press, Fueling Speculation Over Split With Olivia Wilde (Exclusive)

Florence Pugh has severely limited her promotional press for the upcoming feminist thriller “Don’t Worry Darling,” fueling speculation that she and director and co-star Olivia Wilde have fallen out.

TheWrap spoke to three executives connected to the film, as well as an individual with knowledge of Pugh’s involvement, who all declined to confirm any further press plans for the actress beyond attending the Venice Film Festival for the film’s premiere and red carpet, flying in from the set of Denis Villeneuve’s “Dune: Part Two.”

Pugh has been in Budapest filming “Dune: Part Two” and filming Christopher Nolan’s “Oppenheimer” prior to that. According to an individual with knowledge of the situation, she will be in Venice for the premiere direct from a night shoot in Budapest, and returning to filming afterwards.

But the Venice Film Festival red carpet and press conference are expected to be the extent of Pugh’s traditional press duties on the film. “She’ll be doing greetings for us from the set of ‘Dune’ because she’s not doing press,” a studio executive said.

According to the exec, the studio knew that Pugh’s availability for the press tour on “Don’t Worry Darling” would be limited, considering “Dune 2” is also a Warner Bros. project, and planned for such.

Also Read:
Shia LaBeouf Says He Quit Olivia Wilde’s ‘Don’t Worry Darling,’ Denies Being Fired

The limited plans suggest there might be validity to speculation on a fallout between her and the film’s director Olivia Wilde over Wilde’s relationship with co-star Harry Styles, which social media users made every effort to deduce by comparing the women’s social media posts. Both New Line and a rep for Pugh declined to comment.

At the end of July, Page Six published a report claiming that unnamed sources revealed Pugh was unhappy about Wilde and Styles’ relationship, which reportedly began on set of “Don’t Worry Darling” while Wilde was still in a relationship with Jason Sudeikis, who brought their two kids to visit.

As of this writing, neither Pugh nor Wilde have directly addressed the rumors surrounding their working relationship. In a Variety profile of Wilde, both declined to comment on the matter and Pugh declined to be interviewed for the story citing the production schedule of “Dune 2,” although Wilde praised Pugh’s performance in the film and Styles answered questions over email while on tour.

When Wilde posted a behind-the-scenes photo on Instagram of herself watching Pugh work through the monitors — calling the experience “such a f—ing thrill!” — fans pointed out that Pugh didn’t share anything about the film in return. On the day a new trailer for “Don’t Worry Darling” dropped, Pugh instead shared the poster for “Oppenheimer” to her Instagram story.

Also Read:
Harry Styles and Florence Pugh Get Psychosexual in New ‘Don’t Worry Darling’ Trailer (Video)

Fans quickly began questioning why Pugh posted so little about the film at all. Since Sept. 13, 2021, when the actress shared the very first teaser for “Don’t Worry Darling,” captioned with a cheeky “see you next year,” Pugh has only posted once about the film to her main Instagram feed.

Pugh has done a few interviews loosely tied to “Don’t Worry Darling,” like her recent cover with Harper’s Bazaar, but even then the actress did not address Wilde by name and acknowledged she had not yet seen the movie.

What Pugh has said is that, in any conversations she has about the film, she doesn’t want things “reduced” to her sex scenes with Styles. “It’s not why we do it. It’s not why I’m in this industry,” Pugh told Harper’s Bazaar. “Obviously, the nature of hiring the most famous pop star in the world, you’re going to have conversations like that. That’s just not what I’m going to be discussing because [this movie is] bigger and better than that. And the people who made it are bigger and better than that.”

Sharon Waxman contributed to this story.

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Disney+ Price Increase Shows Limits of Subscriber-Growth Push

The growth-at-all-costs phase of the streaming wars is over; now, profits are the priority.

Faced with slowing subscriber growth in their core domestic markets, some streaming services are shifting their focus from adding users to increasing their bottom line. The result is that streamers such as

Walt Disney Co.

DIS 4.68%

,

Netflix Inc.

NFLX -0.58%

and

Warner Bros. Discovery Inc.

WBD 4.43%

are each doing some combination of reducing costs, raising prices and creating new ad-supported tiers that offer content at lower prices to consumers but also establish a new revenue stream for the companies.

The streaming providers said the price increases are warranted because of the amount of content offered. “We have plenty of room on price value,” Disney Chief Executive Officer

Bob Chapek

said Wednesday.

The price increases come as growth has stalled domestically, usually the most-profitable market for streamers. Just 100,000 of the 14.4 million net new subscriptions to its flagship Disney+ service in the most recent quarter came from the U.S. and Canada. Of the rest, about eight million came from India, while about six million came from other countries, including 52 new markets where Disney+ has launched since May.

“Domestically, Disney+ is tapped out,” said analyst Rich Greenfield of LightShed Partners. “Disney is operating under the belief that, just as in their theme parks, they can raise prices dramatically and count on customers not dropping the service.”

Disney said that in early December it will raise the price of its ad-free, stand-alone Disney+ service in the U.S., to $10.99 a month from $7.99, and the company will begin offering an ad-supported tier for Disney+, starting at $7.99. The company also announced increases to one of its bundle packages.

In addition, the company scaled back its projections for total global subscribers to Disney+, largely in response to lower anticipated growth in India, where Disney recently was outbid for the right to stream matches from a popular cricket league.

Markets welcomed news of the price increases and the company’s better-than-expected quarterly results. Shares of Disney rose 4.7% on Thursday to close at $117.69.

Investors and analysts expect higher subscription costs and the introduction of ads to Disney+ to result in higher profits from the streaming segment, but add that price increases risk alienating some customers and increasing the platform’s churn rate, or the percentage of users who cancel the service each month. The U.S. churn rate for Disney+ is already on the rise, increasing to 4% in the second quarter from 3.1% a year earlier, according to the media analytics firm Antenna.

“We do not believe that there’s going to be any meaningful long-term impact on our churn,” Mr. Chapek said about the price increases. He said Disney+ was one of the lowest-priced streaming services when it launched, and has become more valuable over time as it has added more popular shows and movies.

Other companies that focus on streaming video are making similar moves. Warner Bros. Discovery, the newly formed media giant that owns the premium television service HBO and the streaming services HBO Max and Discovery+, reported last week that it had added 1.7 million new subscriptions. As with Disney, about all of Warner Bros. Discovery’s subscription growth came from overseas—its direct-to-consumer segment lost 300,000 domestic subscribers in the quarter.

David Zaslav,

the newly formed company’s CEO, has taken an ax to Warner Bros. Discovery’s spending, scrapping multiple high-budget movies that were in production or near completion and destined for release on HBO Max, including “Batgirl” and “Wonder Twins,” after deciding that the best return on capital for them was a tax writeoff.

“Our focus is on shaping a real business with significant global ambition but not one that solely chases the subscribers at any cost or blindly seeks to win the content spending wars,” said JB Perrette, Warner Bros. Discovery’s head of streaming, on a call with analysts last week.

Warner Bros. Discovery said it expects losses in its streaming business to peak this year, and expects profitability for the segment in 2024. Similarly, Disney, whose direct-to-consumer segment has lost more than $7 billion since Disney+ launched in late 2019, predicts that Disney+ will achieve profitability by September 2024.

Warner Bros. Discovery has signaled it will launch an ad-supported tier of HBO Max next year. The company has alluded to a new pricing strategy focused on the goal of streaming profitability, but it hasn’t revealed pricing details.

“We will shift away from heavily discounted promotions,” Mr. Perrette said.

At Netflix, customer defections jumped after it raised the price of U.S. plans by $1 to $2 a month earlier this year. In the U.S. and Canada, the company lost 1.3 million subscribers during the second quarter, more than twice the 640,000 it lost in the region in the first quarter. Like Disney+, Netflix is now looking to increase the revenue per user that they draw by selling ads.

Doing so helps streaming services make more money from their existing customer bases, while offering an alternative to price hikes, according to industry analysts.

Existing subscribers to Disney+ will be automatically put into the ad-supported tier unless they elect the higher-priced ad-free version, and some shows, such as “Dancing with the Stars,” will stream with no ads on any tier, a Disney executive said. Disney said that in general, the ad load on Disney+ will be lighter than that of other services, and will benefit from consumers who cancel cable subscriptions and replace them with streaming services.

Netflix said in July that it expected some loss of customers following a price hike and that customer departures are returning to the levels where they were before the increase.

The Los Gatos, Calif.-based company has said its coming ad-supported tier of service is likely to appeal to more-price-conscious customers who are willing to pay less in exchange for viewing ads. Netflix hasn’t said how much its ad-backed tier will cost, but it is expected to charge less than the most basic plan that is currently available, which costs $9.99 a month for a single viewer with the lowest video-resolution quality.

While there has been an overall slowdown in net subscriber growth in the U.S. and more consumers jumping between streaming services, the amount of time people spend watching streaming content continues to grow, said Marc DeBevoise, CEO of the video technology company

Brightcove.

That trend makes selling ads a more attractive strategy for streaming services, he said.

“There aren’t more people to get to subscribe, but there are more hours to capture,” he said. “It is still a growing pie of total viewership.”

Write to Robbie Whelan at robbie.whelan@wsj.com and Sarah Krouse at sarah.krouse+1@wsj.com

Corrections & Amplifications
JB Perrette is Warner Bros. Discovery’s head of streaming. An earlier version of this article incorrectly said J.B. Perette. (Corrected on Aug. 11)

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Highland Park Shooting Reveals Limits of Illinois’s Gun Restrictions

HIGHLAND PARK, Ill. — On Monday morning, Julie Morrison, an Illinois state senator, was sitting in the back of a convertible, waving to Fourth of July paradegoers, her grandchildren walking alongside the car. Ms. Morrison, a Democrat, had made combating gun violence a priority in her legislative career, and had been the chief sponsor of the state’s “red flag” law, which set up a system in which guns can be taken from someone found to be dangerous.

Then gunfire broke out.

Ms. Morrison found herself running for safety and later asking how a mass shooting had occurred in a place with some of the strongest gun ordinances in the country. “Are there loopholes?” Ms. Morrison asked on Wednesday. “Unfortunately, we now have an opportunity to look at that.”

The suspect in the shooting, Robert E. Crimo III, 21, had drawn police attention more than once, and despite warnings about his troubling behavior, had gotten a firearm permit and bought several guns.

How a young man who had sent troubling signals managed to end up with a semiautomatic rifle in Illinois is a question that is haunting not only the survivors of Monday’s deadly massacre in Highland Park, a Chicago suburb. It is also a question of federal importance, coming just days after President Biden signed into law the most significant gun legislation passed in decades.

As details of Mr. Crimo’s past continued to emerge, and as a judge ordered him held without bail on murder charges on Wednesday, it remained unclear whether the horrific episode revealed weaknesses in state restrictions on guns, or in the limits of even potent safeguards in a system that ultimately relies on the judgments of people — the authorities, families, observers.

Ms. Morrison acknowledged that the effectiveness of certain gun laws was often limited by how people responded to them, including whether people informed the authorities of friends or family members who were exhibiting alarming behavior. “I don’t know how much we can legislate human response; we can only provide the tools,” she said.

“It is personal,” she said. “I am angry. And this has got to change.”

In an initial court appearance on Wednesday, where Mr. Crimo appeared by video, Ben Dillon, a prosecutor, described in the fullest detail yet how officials say the attack unfolded on Monday.

Mr. Dillon said Mr. Crimo used a fire escape to climb onto a rooftop in the city’s downtown during the holiday parade. There, Mr. Dillon said, he opened fire — emptying a 30-round magazine, firing from another, then inserting a third magazine. Officials recovered 83 bullet casings, Mr. Dillon said.

For hours after the shooting, which resulted in seven deaths, the authorities searched for the suspect. Deputy Chief Christopher Covelli of the Lake County Sheriff’s Office said investigators believed that he fled to Madison, Wis., after the attack but then returned to Illinois, where he was arrested. Chief Covelli said the police believed that Mr. Crimo saw a holiday celebration in Madison and considered using a second rifle he had with him in the car to carry out another shooting there, but decided against it.

In an Illinois State Police news conference on Wednesday, officials defended how they handled Mr. Crimo’s application for a gun permit, and released records showing that he had told Highland Park officers in 2019 that he had been depressed and used drugs.

Under Illinois law, there are several opportunities for the authorities to intervene if a gun owner is deemed to pose a dangerous risk. This begins with the application process for a gun permit, known in Illinois as a Firearm Owner’s Identification card.

The application includes a long list of questions about past felony convictions, failed drug tests or recent hospitalizations for mental illness. It is submitted to the State Police, where it goes through dozens of steps, involving electronic and manual checks of national and state databases. At any point in that process, the state could determine that a person is not eligible. However, a vast majority are approved; according to a 2021 report by the Illinois auditor general, fewer than 4 percent of nearly 600,000 applications were denied in 2018 and 2019.

Brendan Kelly, the Illinois State Police director, said on Wednesday he believed that his agency acted correctly when handling information about Mr. Crimo. It did not have information that would have allowed the agency to deny him the permit to own a gun, Mr. Kelly said.

The law governing permits empowers local authorities such as the police or school officials to file a report to the Illinois State Police indicating that a person might present a “clear and present danger.” The State Police can then decide whether the report meets the burden to revoke that person’s card.

The Highland Park police had filed a “clear and present danger” report about Mr. Crimo in September 2019 after seizing 16 knives, a dagger and a sword from his home while responding to reports that he had been making threats. According to the State Police, his father told officers that he owned the knives, and they were all returned the same day. It was the second time that year the police responded to reports about Mr. Crimo’s behavior; the first involved a report of an attempted suicide.

But Mr. Kelly, the State Police director, said the Highland Park report did not clear the legal threshold to determine that Mr. Crimo, who denied to officers that he wanted to hurt himself or others, was a clear and present danger.

Mr. Kelly said that how well gun laws work rested not only on law enforcement, but on the vigilance and follow-through of family members and friends.

“This is so dependent upon the people that may be closest around the individual of concern, the person that may be posing a threat to themselves, or the person that may be posing a threat to others,” Mr. Kelly said.

Under the policies in place at that time, Mr. Kelly said the state would not still have had a copy of that report from the Highland Park police when Mr. Crimo sought a Firearm Owner’s Identification card three months later with the sponsorship of his father. He had no disqualifying convictions, no restraining orders, no psychiatric admissions, no “clear and present danger” designations when he sought permission to own guns. He was approved.

By the end of 2020, he had bought several guns, including the Smith & Wesson semiautomatic rifle that police say was used in Monday’s attack and another rifle found in his car when he was arrested.

Officials have not said what they thought might have motivated the attack, but have said they did not have any reason to believe that it was driven by racial or religious hate.

Some in Highland Park’s large Jewish community said they recognized the accused man. Martin Blumenthal, who is in charge of security at the city’s North Suburban Lubavitch Chabad synagogue, said he recalled the man from a Passover service this year.

Finding his appearance suspicious, Mr. Blumenthal said he surreptitiously knelt down at one point during the service and reached under the man’s seat to pat down his small backpack. It did not appear to hold any weapons, Mr. Blumenthal said.

He said he was now convinced that the man went to the synagogue to study it as a potential target. “He was definitely casing the place out,” Mr. Blumenthal said.

Prosecutors declined to say on Wednesday whether they were considering charges against any members of the suspect’s family. Steven Greenberg, a lawyer representing the father, acknowledged that his client had sponsored his son’s gun permit application but said the father did not believe there was an issue, and might not have fully understood what happened during the police visit in 2019 when officers seized knives from his son.

The filing of a “clear and present danger” report was not the only point over the past three years when the suspect’s intention to buy and carry a gun might have been thwarted.

In 2019, the state’s Firearms Restraining Order Act, the legislation sponsored by Ms. Morrison and often referred to as a red flag law, went into effect, allowing the police to seize firearms if a judge determines that the owner of the guns “poses an immediate and present danger of causing personal injury to himself, herself or another.” Speak for Safety Illinois, an advocacy group, found that only 53 firearm restraining orders were filed in the first two years of the law, nearly half of them in a single suburban Chicago county.

There is no indication that a firearm restraining order was ever sought in Mr. Crimo’s case, despite his troubling behavior. This presents one of the difficult realities of legislating for public safety: Red flag laws come into play only when someone who is close to a potentially dangerous gun owner seeks an order.

“This was a textbook case of a red flag law that was not used,” said John Feinblatt, president of Everytown for Gun Safety, which has called for more restrictive gun laws. “The tool to invoke a red flag law existed and nobody took the tool out of the box.”

Reporting was contributed by Robert Chiarito, Adam Goldman, Michael Levenson, Glenn Thrush and Luke Vander Ploeg.

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