Thursday, February 6, 2025

 
Home Blog Page 80

Is it game over for the Taylor Wimpey share price?

0


Image source: Getty Images

If the Taylor Wimpey (LSE: TW) share price was a house, I wouldn’t buy it. It’s got a severe case of subsidence right now, having fallen 45% over the past five years, with a 20% slide in the last year alone.

Plenty of investors have parted with their money though, me included. They thought the FTSE 100 housebuilder was a bargain, but every time the stock appeared to stabilise, it was hit by another earth tremor. So is it time to move on?

Writing for The Motley Fool, I’ve learned not to abandon a share just because it’s out of favour with the wider market. In fact, that’s often a trigger for me to buy. Troubled companies often bounce back stronger, but it can take time. That’s certainly the case here.

Can this FTSE 100 straggler fight back?

Taylor Wimpey’s share price struggles reflects a challenging environment for UK housebuilders. 

Rising mortgage rates have hit affordability, while broader economic uncertainty cools demand. The cost-of-living crisis has driven up the cost of materials, and post-pandemic supply chain challenges linger. 

On 16 January, Taylor Wimpey confirmed the impact. UK completions fell to 9,972 last year, down from 10,356 in 2023. The overall average selling price slipped to £319,000, from £324,000.

On paper, Taylor Wimpey shares look like a bargain. With a price-to-earnings (P/E) ratio below 12, the stock is cheaper than the average FTSE 100 P/E of around 15 times. Its trailing dividend yield of 8.1% is eye-catching, offering a significantly higher income than cash, bonds and most FTSE 100 stocks.

Dividend payouts hinge on profitability, and Taylor Wimpey risks margin compression as sales shrink and costs rise. Upcoming national insurance hikes for employers won’t help, nor will the increased minimum wage. 

The group does boast a robust balance sheet and ended 2024 with a £2bn order book, but maintaining such a generous yield might become challenging if market conditions deteriorate further. The forecast yield of 8.6% is covered just once by earnings, worryingly. Taylor Wimpey has a good track record of dividend increases, but nothing is guaranteed.

Can the dividend compensate for lost growth?

So can the share price recover? The 16 analysts offering one-year share price forecasts have produced a median target of just over 148p. If correct, that’s an increase of around 25% from today. Combined with that yield, it would give investors a total return of 33% if true. Seems optimistic to me, but we’ll see.

The UK does face a chronic under supply of housing. This should support demand while that fat order book brings visibility.

What Taylor Wimpey shares really need is a string of interest rate cuts. That would shrink mortgage rates, revive the economy and ease cost pressures too. It would also make that dividend look even better, relative to yields on cash and bonds.

In my view, this isn’t game over for Taylor Wimpey. But investors tempted by that yield must realise this is a volatile sector on the front line of every economic issue. The share price is actually lower than it was 10 years ago. Even the brilliant dividend cannot totally compensate for that. Despite my concerns, I’ll play on. I still think it’s a winner over time.



This story originally appeared on Motley Fool

Do Chiefs have the refs on their side, or are they just hard to beat?

0


The NFL playoffs are rigged. The referees favor the Kansas City Chiefs. It’s all a conspiracy to hand those Reid-revering, Mahomes-adoring, Kelce-and-Swift-lovin’ cultists a third consecutive Super Bowl championship.

For these charges to stick, however, evidence and motive need to be established. Let’s start with evidence.

—A ruling that Chiefs receiver Xavier Worthy made a catch deep in Bills’ territory on a third-and-five desperation pass from Patrick Mahomes with 3:13 remaining in the first half. Replays indicated the ball struck the ground and could have been called incomplete. Kansas City promptly scored a touchdown.

—Bills quarterback Josh Allen attempted a sneak on fourth-and-one in the fourth quarter. The official dashing in from the Buffalo sideline gave him enough progress for a first down. The official dashing in from the Kansas City sideline ruled him short.

Guess which official spotted the ball? The Chiefs took possession and promptly scored a touchdown and two-point conversion to erase a one-point Bills lead and seize control in their eventual 32-29 win that sets up a second Super Bowl matchup with the Philadelphia Eagles in three years.

CBS color commentator Tony Romo was initially surprised that the ruling on the field stood as called, and CBS rules analyst Gene Steratore said, “I felt like he gained it by about a third of the football.” CBS play-by-play announcer Jim Nantz replied, “I agree.”

—Those plays came a week after the officials were roundly criticized for two calls that benefited Mahomes in the Chiefs’ playoff win over the Houston Texans: roughing the passer and unnecessary roughness penalties that didn’t look so rough on replay.

—During the Chiefs’ current nine-game playoff winning streak, they have not been called for a single roughing-the-passer penalty and only one unnecessary roughness penalty. Their opponents have been called six times for roughing Mahomes and four times for unnecessary roughness.

That’s reasonably damning evidence, even if it is mostly anecdotal. So, what about motive?

This is where the conspiracy theory loses its legs. Why would the NFL, and even more specifically, why would NFL referees want the Chiefs to win? So Mahomes can add to his already ubiquitous endorsements? Adidas, Oakley, Head & Shoulders, State Farm, Bose, DirecTV, Essential Water and EA Sports aren’t enough?

So coach Andy Reid can babble “Bundle-Rooski” on inane commercials for another season? So hardcore football fans can grumble at Taylor Swift cheerleading the Chiefs from a luxury box?

Chiefs “fatigue” is a real thing. They are so accomplished at winning close games — going 11-0 in one-score outcomes this season — with Mahomes making astonishing plays, it must seem to fans of opposing teams the whole thing is rigged. But the NFL has no reason to secretly force the officials to swing calls toward Kansas City.

And officials have no reason to purposely blow calls, according to Mike Pereira, the rules analyst for Fox Sports and former head of NFL officiating.

“The fact that [officials] are looking out for any team or any individual is an absolute myth,” Pereira said last week on “The Rich Eisen Show.” “You don’t want to get fired. You want to be right. People that say that don’t know a damn thing about officiating. Until you put the uniform on, until you have to make those quick judgments. … get off my train. Period.”

Even more succinct was Chiefs linebacker Drue Tranquill’s message to fans who think his team gets special treatment from the referees: “Kick rocks.”



This story originally appeared on LA Times

Anthony Davis has monster game, finishing with 42 points in Lakers win

0


The Lakers were perfect, Anthony Davis dominating everywhere on the basketball court while the scoreboard ticked up in their favor on nearly every possession. The Lakers’ energy was off the charts, the team in complete control as it flew around and forced turnovers and missed shots. The offense was in perfect sync as it found either Davis or someone else wide open for layups and dunks.

It was a team at its peak. But it lasted just 12 minutes.

Nearly as quickly as the Lakers sprinted to the top of their powers Monday in Charlotte, they plummeted to their depths, a 23-point first-quarter lead dwindling all the way down to two in the fourth. Still, even without any real momentum for the last three quarters, the Lakers managed to escape with a 112-107 win in a game where they never trailed.

Davis finished with 42 points and 23 rebounds. His first quarter was a historic level of domination. He made his first seven shots and scored 21 points while grabbing 11 rebounds. No player in the last 28 years (as far back as Stathead.com quarter data goes) opened a game with 21 points and 11 rebounds in the first quarter.

“He had it all going,” LeBron James said.

The 21 points and 11 rebounds were more than the entire Hornets team had in the first quarter.

“That’s an impressive game. Start off by saying that,” Austin Reaves said. “But that might be the most impressive quarter of basketball I’ve ever seen an individual play. I felt like we almost could have went and sat down and watched him do what he does.”

They kinda did.

Charlotte, like Lakers coach JJ Redick predicted before the game, started launching three-pointers after the Lakers shut down the paint. LaMelo Ball’s second three early in the second quarter cut the lead to 16, but he rolled his ankle while backpedaling down the court. He left the game and didn’t return, playing only nine minutes.

The Hornets, though, stayed hot from deep while the Lakers’ execution on both ends of the court cratered. James badly airballed a three to end one possession. Davis was forced to shoot off of one knee from 19 feet away to end another.

Charlotte (12-31) cut the lead to eight by halftime, aided by seven Lakers turnovers in the second quarter alone. Luckily, Davis kept dominating.

“I was just feeling good,” Davis said.

The Lakers (26-18) never fully regained their rhythm, only briefly sparking in the second half while leaving the game grateful that they had built such a large cushion early.

“We played hard for four quarters. Now it was not pretty, but we played hard for four quarters,” Redick said. “I think for me, we made a lot of mental errors tonight. And look, I don’t know if that’s coming off Saturday and the long flight yesterday and getting acclimated to East Coast time. Felt a little bit of brain fog, less so than just like guys not playing. Guys played hard tonight and guys were connected tonight. We just had a lot of mental errors.”

The Lakers turned the ball over 19 times for 28 Charlotte points. They allowed the Hornets to make eight more threes than they did. But even when Charlotte got within a possession, the Lakers always recovered.

“We didn’t come here to try to blow nobody out,” James said. “We came here to win the game. And we played hard from start to finish.”

Jarred Vanderbilt, playing his second game this season, had a key steal and dunk in the fourth. Max Christie, who had gotten crossed up with James on an earlier fourth-quarter possession, had a four-point play in front of the Charlotte bench.

And Dorian Finney-Smith punctuated the game with a monster dunk over Charlotte’s Miles Bridges.

“That’s going on the ‘Gram,” Davis said.



This story originally appeared on LA Times

Zara’s Faux Fur Line Is Winter Chic Done Right

0


Zara highlights faux fur in a recent trend guide. Photo: Zara

Zara’s latest limited edition Studio collection focuses on cozy chic with faux fur styles. The collection features bold statement jackets and coats in shades of soft gray, crisp white, and deep black.

Zara Faux Fur 2025 Edit

Karolina Spakowski gets her closeup in Zara's faux fur styles.
Karolina Spakowski gets her closeup in Zara’s faux fur styles. Photo: Zara

Perfect for braving the cold in style, these designs balance drama and wearability with voluminous textures and modern silhouettes. Front and center is model Karolina Spakowski, who effortlessly channels a minimalist vibe.

Zara Limited Edition Faux Fur Coat.
Zara Limited Edition Faux Fur Coat. Photo: Zara

Styled with green eyeshadow, dewy skin, and a sleek, pulled-back hairstyle, she showcases how these pieces transition from daytime to evening glamour. Whether it’s the soft blush tones or the bold black textures, every coat feels like a winter must-have.

Zara Grey Faux Fur Coat
Zara Studio Faux Fur Designs. Photo: Zara

Whether paired with tailored trousers for an urban-chic look or layered over a slip dress for a more playful approach, these coats add instant polish.

Zara Faux Fur Coat
Zara Studio Faux Fur Designs. Photo: Zara



This story originally appeared on FashionGoneRogue

Nets’ Cam Johnson will be reevaluated next week amid trade rumors

0


Cam Johnson’s final game as a Net may have already happened. 

The star forward and team’s second-leading scorer, who has missed the past two games with a re-aggravated right ankle sprain, sat out Monday’s 110-96 loss to the Kings and will be reevaluated next week, said coach Jordi Fernandez. 

Johnson will miss the next two games — at Charlotte and at Houston — this week, which leaves only two more games to play before the trade deadline on Feb. 6. 

Cam Johnson will be reevaluated next week. USA TODAY Sports via Reuters Con

“He’ll be reevaluated I think next week. He’s out right now,” Fernandez said before tipoff at Barclays Center on Monday. “Obviously we want him to get that ankle right. He was good when he came back, it’s just like he tweaked it again twice. And again, it’s unlucky, but we just want to make sure that now it’s strong enough that he’ll be able to play through things and he’s 100 percent. Obviously, we want him back. We love having Cam Johnson, because you guys know his leadership and also the impact he has for us, but right now this is the situation that we have to deal with.” 

Johnson is the latest Net whose name has come up in trade rumors following the departures of Dorian Finney-Smith and Dennis Schroder.

One of the teams Johnson has been linked to is Sacramento. 

Johnson initially injured his ankle in the final seconds of the Nets’ 113-110 win over the Bucks on Jan. 2 while coming down with a rebound.

The injury sidelined him for five games, until his return against Portland on Jan. 14, when he scored 24 points. He re-injured the ankle in a loss to the Knicks on Jan. 21. 


Noah Clowney exited late in the second quarter with what appeared to be a left ankle injury and was eventually ruled out for the remainder of the game. 



Following the Nets’ seventh straight loss, Fernandez did not have an update on the young forward. 

Clowney went up for a rebound, didn’t come down with it, and landed on Domantas Sabonis’ foot. He went down in what appeared to be a lot of pain and was holding his left leg. He was helped off the court by the training staff. 


Cam Thomas is set to undergo scans on his injured left hamstring Wednesday, Fernandez said. Following that, the Nets will provide a timeline for his return.

Thomas, who is the team’s top scorer, averaging 24.7 points, has missed the past 13 games. 


Ben Simmons (lower back soreness), Bojan Bogdanovic (left foot injury recovery), Johnson (right ankle sprain), Maxwell Lewis (left tibia fracture), Thomas (left hamstring strain), Trendon Watford (left hamstring strain) all sat out against the Kings on Monday. 



This story originally appeared on NY Post

BREAKING: Trump Uses Emergency Powers to Send U.S. Military into California and Provide Water: “The Days of Putting a Fake Environmental Argument, over the PEOPLE, are OVER.” | The Gateway Pundit

0


Credit: Gage Skidmore; Jeff Head

This post has been updated with additional information. 

President Trump announced on Monday night that the United States Military has entered California amid ongoing wildfires to render assistance with turning on the water. 

For weeks, the fires have burned across Los Angeles County, forcing evacuations, destroying more than 16,200 structures, and killing at least 29 people as of Monday.

“The United States Military just entered the Great State of California and, under Emergency Powers, TURNED ON THE WATER flowing abundantly from the Pacific Northwest, and beyond,” the President said on Truth Social. “The days of putting a Fake Environmental argument, over the PEOPLE, are OVER.”

This comes after President Trump signed an executive order Friday titled “Emergency Measures to Provide Water Resources in California and Improve Disaster Response in Certain Areas.”

“For weeks, residents of the Los Angeles area have watched raging fires consume their homes, belongings, beloved pets, and childhood memories. Almost immediately, firefighters were unable to fight the blaze due to dry hydrants, empty reservoirs, and inadequate water infrastructure. Today, at least 28 people have lost their lives and thousands more have lost everything else, with some damage estimates calculating hundreds of billions of dollars in damage,” the order states.

The order further notes that the fire has affected the entire nation, and therefore, “it is in the Nation’s interest to ensure that California has what it needs to prevent and fight these fires and others in the future.”

“it is the policy of the United States to provide Southern California with necessary water resources, notwithstanding actively harmful State or local policies. And it is the policy of the United States to assist Americans in disaster areas through responsive policies that more effectively empower them to rebuild and regain their livelihoods.”

The Secretary of Defense, Attorney General, Secretary of Homeland Security, Secretary of Commerce, Secretary of the Interior, and the Secretary of Agriculture are ordered to “expeditiously take all measures, consistent with all applicable authorities, to ensure adequate water resources in Southern California.” The section granting this authority calls for “overriding disastrous California policies.”

Democrat state and local government leaders left critical aquifers empty, causing local firefighters to lose water and leaving the wildfires near-unstoppable. Despite having abundant access to water, the California Democrats have flushed annual water flow into the ocean to save a tiny endangered fish called the Delta Smelt, which they can’t even find in its natural habitat. Because of these radical environmentalist policies, 29 Americans have died, and thousands have lost their homes and livelihoods.

This is why Trump sent in the military to save the day and force California to provide water to the residents and firefighters of Los Angeles instead of dumping it into the ocean.

As The Gateway Pundit reported, President Trump also visited Los Angeles, California on Friday and called out Democrat Mayor Karen Bass for the city’s sluggish response and incompetence in allowing evacuated residents to return and rebuild their homes after the devastating wildfires. Trump criticized Mayor Bass for not promptly utilizing her emergency powers to expedite residents’ return to their properties and commence rebuilding efforts.

Trump Calls Out Democrat Mayor Karen Bass on Live TV Over Disgraceful Delays in Wildfire Recovery

President Trump made the announcement late Monday night, telling residents of the Golden State, “Enjoy the water, California!!!”

The United States Military just entered the Great State of California and, under Emergency Powers, TURNED ON THE WATER flowing abundantly from the Pacific Northwest, and beyond. The days of putting a Fake Environmental argument, over the PEOPLE, are OVER. Enjoy the water, California!!!

This is a developing story.

UPDATE: The California Department of Water Resources has denied that the military entered California. “The federal government restarted federal water pumps after they were offline for maintenance for three days. State water supplies in Southern California remain plentiful,” the agency said on X.




This story originally appeared on TheGateWayPundit

Donald Trump warns DeepSeek should be ‘wakeup call’ for America’s AI industry | US News

0


Donald Trump thinks the Chinese startup DeepSeek, which claims it has a technical advantage over US rivals, should be “a wakeup call” for American AI firms.

DeepSeek says its artificial intelligence models are comparable with those from US giants, like OpenAI which is behind ChatGPT and Google’s Gemini, but potentially a fraction of the cost.

That has triggered a fall in various US shares, especially chipmaker Nvidia which registered a record one-day loss for any company on Wall Street.

But the US president believes the success of the Chinese firm could be helpful to America’s AI aspirations.

“The release of DeepSeek, AI from a Chinese company should be a wakeup call for our industries that we need to be laser-focused on competing to win,” Mr Trump said in Florida.

Image:
Sam Altman, CEO of OpenAI, has promised to outperform rival firm DeepSeek. Pic: AP

He pointed to DeepSeek’s ability to use fewer computing resources. “I view that as a positive, as an asset… you won’t be spending as much, and you’ll get the same result, hopefully,” he added.

On Monday, the DeepSeek assistant had surpassed ChatGPT in downloads from Apple’s app store.

More on Artificial Intelligence

OpenAI CEO Sam Altman has given his rival some acknowledgement in a post on X, reacting to DeepSeek’s R1 “reasoning” model – a core part of the AI technology which answers questions.

“DeepSeek’s r1 is an impressive model, particularly around what they’re able to deliver for the price,” he wrote.

But Mr Altman was also defiant: “We will obviously deliver much better models and also it’s legit invigorating to have a new competitor! we will pull up some releases.”

What is DeepSeek?

DeepSeek is a startup founded in 2023 in Hangzhou, China.

Its CEO Liang Wenfeng previously co-founded one of China’s top hedge funds, High-Flyer, which focuses on AI-driven quantitative trading.

By 2022, it had created a cluster of 10,000 of Nvidia’s high-performance chips which are used to build and run AI systems. The US then restricted sales of those chips to China.

DeepSeek said recent AI models were built with Nvidia’s lower-performing chips, which are not banned in China – suggesting cutting-edge technology might not be critical for AI development.

In January 2024 it released R1, a new AI model which it claimed was on par with similar models from US companies, but is cheaper to use depending on the task.

Since DeepSeek’s chatbot became available as a mobile app it has surpassed rival ChatGPT in downloads from Apple’s app store.

There have been concerns DeepSeek could undermine the potentially $500bn (£401bn) AI investment by OpenAI, Oracle and SoftBank in Stargate which Mr Trump announced last week at the White House.

That project essentially aims to build vastly more computing power to boost AI development.

But while addressing Republicans in Miami on Monday, Mr Trump remained upbeat. He claimed that Chinese leaders had told him the US had the most brilliant scientists in the world.

👉 Follow Trump 100 on your podcast app 👈

Read more:
AI now a contest between superpowers
PM: AI changing ‘quicker than we think’

He indicated that if Chinese industry could come up with cheaper AI technology, US companies would follow.

“We always have the ideas. We’re always first. So I would say that’s a positive that could be very much a positive development.

“So instead of spending billions and billions, you’ll spend less, and you’ll come up with, hopefully, the same solution,” Mr Trump said.

The intense attention on the Chinese firm has not all been good news though. It reported suffering “large-scale malicious attacks” on its services.

The company said it was hit by a cyber attack on Monday which disrupted users’ ability to register on the site.



This story originally appeared on Skynews

Justice Department moves to fire at least 12 officials who investigated Trump : NPR

0


The U.S. Department of Justice is seen on June 20, 2023 in Washington, D.C. At least 12 officials who worked with the special counsel Jack Smith to investigate President Trump have been fired from the department.

Kevin Dietsch/Getty Images


hide caption

toggle caption

Kevin Dietsch/Getty Images

The acting attorney general moved on Monday to fire several Justice Department officials who worked on the federal criminal investigations into President Donald Trump, according to two department officials familiar with the matter.

In termination letters sent to more than a dozen officials, acting Attorney General James McHenry wrote that he did not believe they “could be trusted to faithfully implement the President’s agenda because of their significant role in prosecuting the president,” one of the officials said.

It was not immediately clear how many officials involved in the Trump investigations received termination notices. The news was first reported by Fox News.

The move comes the same day that Trump’s acting U.S. attorney for Washington, D.C., Ed Martin, issued a memo announcing a “special project” to review the department’s prosecutions of Jan. 6 Capitol rioters, according to a person familiar with the matter who spoke on condition of anonymity because of the sensitivity of the subject.

Martin instructed prosecutors to provide all information related to the use of a specific obstruction charge, including files, documents, emails, notes and other information. He also describes the use of the charge against rioters as a “great failure,” according to the person who described the memo to NPR.

Last summer, the Supreme Court ruled that the Justice Department went too far in applying the obstruction charge against Jan. 6 defendants. But several lower court judges had previously blessed the DOJ’s approach.

The moves are the latest in the administration’s aggressive approach to the Justice Department since Trump returned to the White House seven days ago.

Already, the department’s acting leadership has reversed policies on a host of issues, including charging decisions and immigration enforcement, and brought a halt to other work, including in the civil rights and environment divisions.

The shakeup also extends to department personnel: several senior career officials have been reassigned from their areas of expertise to, in many cases, an immigration task force.

Special Counsel Jack Smith arrives to give remarks on the investigation into then former President Donald Trump on Aug. 1, 2023 in Washington, D.C.

Special Counsel Jack Smith arrives to give remarks on the investigation into then former President Donald Trump on Aug. 1, 2023 in Washington, D.C. Trump was angered by Smith’s investigations, which were ultimately dropped after Trump won the election.

Drew Angerer/Getty Images


hide caption

toggle caption

Drew Angerer/Getty Images

President Trump, has lashed out for years at the Justice Department, accusing it of unfairly targeting him and his supporters in what he claims were politically motivated investigations.

He was particularly angry about the two investigations brought by special counsel Jack Smith. One case revolved around Trump’s efforts to overturn the results of the 2020 election, and the other case stems from Trump’s keeping of classified documents after he left office. Both cases were dropped after Trump won the election.

Department officials, including former President Joe Biden’s attorney general, Merrick Garland, have rejected the allegations of weaponizing the department. They point out that the department prosecuted prominent Democrats during Biden’s term, including the president’s son, Hunter, as well as two prominent Democratic members of Congress.

Still, Trump frequently talked on the campaign trail about seeking vengeance against his perceived enemies, including at the Justice Department.

His pick for attorney general, Pam Bondi, and his choice for FBI director, Kash Patel, have both talked about investigating the investigators.



This story originally appeared on NPR

Trump social media claim of using troops to force water flow is refuted by California

0

President Trump on Monday night heightened his battle with California over water policy by suggesting U.S. military troops arrived in the state to turn on pumps and send more water flowing — something state officials quickly denied.

On Monday evening, Trump wrote that the military “just entered the Great State of California and, under Emergency Powers, TURNED ON THE WATER flowing abundantly from the Pacific Northwest, and beyond,” in a post on his social media platform Truth Social.

The California Department of Water Resources responded in a statement: “The military did not enter California. The federal government restarted federal water pumps after they were offline for maintenance for three days. State water supplies in Southern California remain plentiful.”

Trump’s post came after he signed an order directing federal agencies to “maximize” water deliveries in California and “override” state policies if necessary, and following a longstanding debate with Gov. Gavin Newsom over the state’s water management policies.

Trump has lambasted Newsom, saying he has held back water supplies in California and impeded the response to Los Angeles’ recent wildfires. Newsom and state departments have repeatedly denied these claims, noting that there is a plentiful supply of water in Southern California.

“Water supply has not hindered firefighting efforts,” the Association of California Water Agencies said in a statement Monday. “Reservoirs in California are at or above average storage levels for this time of year, thanks in part to years of proactive water management.”

Trump’s executive order, issued Friday,outlines steps intended to increase the amount of water pumped from the Sacramento-San Joaquin River Delta.

The order, posted on the White House website Sunday, directs the Interior and Commerce secretaries to “immediately take actions to override existing activities that unduly burden efforts to maximize water deliveries.”

It calls for delivering more water via the federally managed Central Valley Project, one of the two main systems of aqueducts, dams and pumping facilities in California that transport supplies from the Delta southward. The president also directed the federal Bureau of Reclamation to ensure state agencies “do not interfere.”

In the order, Trump criticizes “disastrous” policies and water “mismanagement” by California, and directs federal agencies to scrap a plan that the Biden administration adopted last month establishing new rules for operating the Central Valley Project and the State Water Project — California’s other main water delivery system in the Central Valley.

Instead, Trump has told federal agencies to more or less follow a plan adopted during his first presidency, which California and environmental groups challenged in court, arguing it failed to provide adequate protections for endangered fish.

Trump has said he intends to try to weaken environmental protection measures, and has questioned why the state should keep certain flows in rivers to help species such as the delta smelt, “a little tiny fish.” It’s one of several threatened and endangered fish species in the Delta, including steelhead trout, two types of Chinook salmon, longfin smelt and green sturgeon.

He doubled down on his criticism in his Monday evening post, writing, “The days of putting a Fake Environmental argument, over the PEOPLE, are OVER. Enjoy the water, California!!!”

Trump has repeatedly claimed that the wildfires in Southern California underscore why the state should be delivering more water south from the Delta. But water managers and experts have said Southern California’s cities are not currently short of water, pointing out that the region’s reservoirs are at record-high levels following plentiful deliveries of supplies in 2023 and 2024.

State officials have also said that pumping to move water south from the Delta has nothing to do with the local fire response in Los Angeles.

Trump’s executive order focuses largely on the federally operated Central Valley Project, one of the state’s two main water delivery systems in the region, which transports water from the Delta to farmlands that produce almonds, pistachios, tomatoes and other crops.

The CVP ends in the southern San Joaquin Valley near Bakersfield and does not reach Southern California’s urban areas to the south.



This story originally appeared on LA Times

Alex Pereira reignites potential Jon Jones fight, claims he’s a ‘bigger achievement’ than Tom Aspinall

0


Welcome to Midnight Mania!

UFC Light Heavyweight champion Alex Pereira may be booked to fight Magomed Ankalaev, but he’s still interested in fighting former divisional kingpin Jon Jones.

“Poatan” vs. “Bones” is a match up that makes sense in many ways. For one, it’s two of the largest active stars in the sport currently. Secondly, the two are the official champions in their respective divisions. Given that Pereira is somehow always the biggest person in the room and has nearly cleared out the 205-pound ranks, a jump into the Heavyweight title mix doesn’t sound unreasonable for the Brazilian knockout artist.

Generally, Pereira and Jones have been quite respectful towards one another, and Tom Aspinall is lurking as the obvious next foe at Heavyweight. For those reasons, the match up hasn’t yet really been demanded by fight fans, though it was discussed as an option prior to Jones beating up Stipe Miocic at UFC 309. Since then, talks have quieted, as Jones considers retirement or an Aspinall payday as his next move.

Well … “Poatan” still wants the fight. He revealed in an interview with Ariel Helwani that he recently talked with Jones about the potential match up, and he believes his name is a better one for Jones’ legacy than Aspinall.

“I’m the champ, I want to fight the champ. Let’s make the fight with Jon Jones … Before Jon’s last fight, we actually talked about fighting.” Alex Pereira stated through a translator (via Josh Evanoff). “More random talk, not too much about fighting. [He’s] not a friend or someone I talk with on the regular, but someone I respect. I know he respects me, and there’s mutual respect.”

He continued, “I think [Jon wants to fight me], because of the momentum and the risk, it’s a risk fighting Aspinall. There’s not a lot to gain there, it’s another title fight. But fighting Alex is much bigger achievement… It’s a bigger fight. We saw the fight [with Stipe] later. It was an impressive win and impressive performance.”

Indeed, Jones vs. Pereira would be massive bout that could move a lot of pay-per-view (PPV) buys. However, there might be an outright riot if Aspinall is left sidelined longer. Either way, Jones certainly has some leverage at the negotiation table, because either booking could be one of the biggest of 2025.

Insomnia

Dricus Du Plessis reminds me of Joe Benavidez in that his offense isn’t classically correct, but he nevertheless is effectively able to attack every level on the feet, wrestle, and submit his opposition. It’s a lot for his opponents to consider!

Charles Oliveira sharpening up his Muay Thai with a legend:

Israel Adesanya brought a kickboxing schedule mentality to his UFC championship reign.

I saw debate regarding prime TJ Dillashaw vs. prime Merab Dvalishvili, and man … what a fight that would be!

If you didn’t watch clips of the GFL draft, it’s pretty much the funniest nonsense in MMA history. A source told me they have funding for at least one full season, so hopefully there’s more amusement ahead.

Khabib may have been a pretty special fighter …

This bit of context behind why Merab showboated after every high crotch dump takedown is spectacular.

Slips, rips, and KO clips

The kryptonite check hook?

A great example of “it only takes one punch to change a fight.”

Closing a round with style points:

Random Land

I have plenty of friends who have done Lasik, but the concept is still scary.

Midnight Music: Until today, I had no idea this song wasn’t written by Big Black.

Sleep well Maniacs! More martial arts madness is always on the way.




This story originally appeared on MMA Mania