
By LISA MASCARO and FARNOUSH AMIRI WASHINGTON (AP) — President-elect Donald Trump’s pick for intelligence chief Tulsi Gabbard faced fresh scrutiny Monday on Capitol Hill about her proximity to Russian-ally Syria amid the sudden collapse of that country’s hardline Assad rule. Gabbard ignored shouted questions about her 2017 visit to war-torn Syria as she ducked into one of several private meetings with senators who are being asked to confirm Trump’s unusual nominees . Related Articles National Politics | Trump promises to end birthright citizenship: What is it and could he do it? National Politics | Trump has flip-flopped on abortion policy. His appointees may offer clues to what happens next National Politics | In promising to shake up Washington, Trump is in a class of his own National Politics | Election Day has long passed. In some states, legislatures are working to undermine the results National Politics | Trump taps his attorney Alina Habba to serve as counselor to the president But the Democrat-turned-Republican Army National Reserve lieutenant colonel delivered a statement in which she reiterated her support for Trump’s America First approach to national security and a more limited U.S. military footprint overseas. “I want to address the issue that’s in the headlines right now: I stand in full support and wholeheartedly agree with the statements that President Trump has made over these last few days with regards to the developments in Syria,” Gabbard said exiting a Senate meeting. The incoming president’s Cabinet and top administrative choices are dividing his Republican allies and drawing concern , if not full opposition, from Democrats and others. Not just Gabbard, but other Trump nominees including Pentagon pick Pete Hegseth, were back at the Capitol ahead of what is expected to be volatile confirmation hearings next year. The incoming president is working to put his team in place for an ambitious agenda of mass immigrant deportations, firing federal workers and rollbacks of U.S. support for Ukraine and NATO allies. “We’re going to sit down and visit, that’s what this is all about,” said Sen. Mike Rounds, R-S.D., as he welcomed Gabbard into his office. Meanwhile, Defense Secretary pick Hegseth appeared to be picking up support from once-skeptical senators, the former Army National Guard major denying sexual misconduct allegations and pledging not to drink alcohol if he is confirmed. The president-elect’s choice to lead the FBI, Kash Patel , who has written extensively about locking up Trump’s foes and proposed dismantling the Federal Bureau of Investigation, launched his first visits with senators Monday. “I expect our Republican Senate is going to confirm all of President Trump’s nominees,” said Sen. Tom Cotton, R-Ark., on social media. Despite widespread concern about the nominees’ qualifications and demeanors for the jobs that are among the highest positions in the U.S. government, Trump’s team is portraying the criticism against them as nothing more than political smears and innuendo. Showing that concern, nearly 100 former senior U.S. diplomats and intelligence and national security officials have urged Senate leaders to schedule closed-door hearings to allow for a full review of the government’s files on Gabbard. Trump’s allies have described the criticisms of Hegseth in particular as similar to those lodged against Brett Kavanaugh, the former president’s Supreme Court nominee who denied a sexual assault allegation and went on to be confirmed during Trump’s first term in office. Said Sen. Lindsey Graham, R-S.C., about Hegseth: “Anonymous accusations are trying to destroy reputations again. We saw this with Kavanaugh. I won’t stand for it.” One widely watched Republican, Sen. Joni Ernst of Iowa, herself a former Army National Guard lieutenant colonel and sexual assault survivor who had been criticized by Trump allies for her cool reception to Hegseth, appeared more open to him after their follow-up meeting Monday. “I appreciate Pete Hegseth’s responsiveness and respect for the process,” Ernst said in a statement. Ernst said that following “encouraging conversations,” he had committed to selecting a senior official who will “prioritize and strengthen my work to prevent sexual assault within the ranks. As I support Pete through this process, I look forward to a fair hearing based on truth, not anonymous sources.” Ernst also had praise for Patel — “He shares my passion for shaking up federal agencies” — and for Gabbard. Once a rising Democratic star, Gabbard, who represented Hawaii in Congress, arrived a decade ago in Washington, her surfboard in tow, a new generation of potential leaders. She ran unsuccessfully for president in 2020. But Gabbard abruptly left the party and briefly became an independent before joining with Trump’s 2024 campaign as one of his enthusiasts, in large part over his disdain for U.S. involvement overseas and opposition to helping Ukraine battle Russia. Her visit to Syria to meet with then-President Bashar Assad around the time of Trump’s first inauguration during the country’s bloody civil war stunned her former colleagues and the Washington national security establishment. The U.S. had severed diplomatic relations with Syria. Her visit was seen by some as legitimizing a brutal leader who was accused of war crimes. Gabbard has defended the trip, saying it’s important to open dialogue, but critics hear in her commentary echoes of Russia-fueled talking points. Assad fled to Moscow over the weekend after Islamist rebels overtook Syria in a surprise attack, ending his family’s five decades of rule. She said her own views have been shaped by “my multiple deployments and seeing firsthand the cost of war and the threat of Islamist terrorism.” Gabbard said, “It’s one of the many reasons why I appreciate President Trump’s leadership and his election, where he is fully committed, as he has said over and over, to bring about an end to wars.” Last week, the nearly 100 former officials, who served in both Democratic and Republican administrations, said in the letter to Senate leaders they were “alarmed” by the choice of Gabbard to oversee all 18 U.S. intelligence agencies. They said her past actions “call into question her ability to deliver unbiased intelligence briefings to the President, Congress, and to the entire national security apparatus.” The Office of the Director of National Intelligence was created after the Sept. 11, 2001, attacks to coordinate the nation’s intelligence agencies and act as the president’s main intelligence adviser. Associated Press writer Stephen Groves contributed to this report.AP Sports SummaryBrief at 1:56 p.m. EST
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Tulsi Gabbard, Trump’s pick for intel chief, faces questions on Capitol Hill amid Syria falloutCam Carter put LSU ahead for good with a jumper 1:08 into the third overtime and the Tigers came away with a wild 109-102 win over UCF on Sunday in the third-place game of the Greenbrier Tip-Off in White Sulphur Springs, W.Va. Carter's make sparked a 5-0 spurt for LSU (5-1), which mounted a ferocious second-half rally that began after Darius Johnson drilled a 3-pointer to put the Knights up 52-34 with 12:57 to play in regulation. UCF (4-2) got back within two in the third overtime, but it never found a way to draw even. Vyctorius Miller and Jordan Sears sealed the victory, combining for three buckets down low that gave the Tigers a 106-99 cushion with 17 seconds remaining. Carter was the late-game hero for LSU, scoring the final four points of regulation to forge a 70-70 tie. He also knocked down a go-ahead 3-pointer with 3:19 left in the first extra session to give the Tigers a 76-75 advantage. Sears gave LSU a four-point edge with a triple of his own with 2:10 to go, but the Tigers failed to stay in front, and UCF's Keyshawn Hall kept the game going by sinking two free throws with six seconds remaining to make it 82-82. Neither team led by more than three in the second overtime, with Hall again coming to the Knights' rescue. He made two layups in the final 52 seconds of the frame to knot things at 93 and send the teams to a third OT. Few could have predicted 15 minutes of extra basketball after UCF put together a 25-3 first-half run that lifted it to a 38-18 advantage with 2:12 left until the break. LSU responded with seven unanswered points, but the Knights still led comfortably, 40-25, at intermission. Sears finished with a game-high-tying 25 points to go along with nine boards, while Jalen Reed recorded a 21-point, 13-rebound double-double for the Tigers. Carter netted 20 points, Miller had 16 and Dji Bailey chipped in 14. Johnson collected 25 points, six rebounds, eight assists and five steals for UCF. Hall totaled 21 points and 10 boards, and Jordan Ivy-Curry supplied 20 points. LSU outshot UCF 43.2 percent to 40.7 percent and had narrow advantages from behind the arc (12 made shots to 10) and the free-throw line (21-18). --Field Level Media
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Lebawit Lily Girma | (TNS) Bloomberg News When winter rolls around, travelers predictably turn their attention to beaches. And this year, it’s the destination that comedian Tony Hinchcliffe called “a floating island of garbage in the middle of the ocean” that’s experiencing outsize demand from Americans planning a warm island vacation. Talk about trashing stereotypes. Puerto Rico has recovered overseas visitors (excluding those from Canada and Mexico) faster than any U.S. state or territory — a staggering 85% increase over its 2019 overseas inbound visitor levels as of 2023, according to an October study from the U.S. National Travel and Tourism Office. There are now more daily flights from the U.S. West Coast, and hotel bookings are 6% higher so far in this last quarter of 2024 year-over-year. It’s a trifecta of tourism growth: more visitors, but also longer stays and a higher spend that reached a record $9.8 billion in 2023, boosting small businesses as well as major brands. “We don’t have a slow season in Puerto Rico anymore,” says Brad Dean, chief executive officer at Discover Puerto Rico. Even if they’re not booking, people are dreaming about “La Isla.” By tracking flight searches for trips between November 2024 and February 2025, a measure of “inspirational” demand, tourism intelligence company Mabrian Technologies reports Puerto Rico is up 9% compared with the same period last year and leads Barbados, the Dominican Republic, Jamaica and the Bahamas in the Caribbean proper. Only Costa Rica ranked higher in the wider region. Dean attributes Puerto Rico’s ongoing tourism growth to a strategic effort to reposition the island’s brand as more than a sun-and-sea destination, starting back in 2018. That led to the Live Boricua campaign, which began in 2022 and leaned heavily on culture, history and cuisine and was, Dean says, “a pretty bold departure” in the way Puerto Rico was showcased to travelers. He adds that at least $2 billion in tourism spend is linked to this campaign. “We (also) haven’t shied away from actively embracing the LGBTQ+ community, and that has opened up Puerto Rico to audiences that may not have considered the Caribbean before,” Dean says. Hotels are preparing to meet this growing demand: A number of established boutique properties are undergoing upgrades valued between $4 million and more than $50 million, including Hotel El Convento; La Concha, which will join the Marriott Autograph Collection; Condado Vanderbilt Hotel; and the Wyndham Grand Rio Mar. That’s in addition to ultra-chic options that are coming online in 2025, including the adults-only Alma San Juan, with rooms overlooking Plaza Colón in the heart of Old San Juan, and the five-star Veranó boutique hotel in San Juan’s trendy Santurce neighborhood. The beachfront Ritz-Carlton San Juan in Isla Verde will also be reopening seven years after Hurricane Maria decimated the island. The travel industry’s success is helping boost employment on the island, to the tune of 101,000 leisure and hospitality jobs as of September 2024, a 26% increase over pre-pandemic levels, according to the U.S. Bureau of Labor Statistics. Efforts to promote Puerto Rico’s provinces beyond the San Juan metro area — such as surfing hub Rincón on the west coast, historical Ponce on the south coast and Orocovis for nature and coffee haciendas in the central mountains —have spread the demand to small businesses previously ignored by the travel industry. Take Sheila Osorio, who leads workshops on Afro-Puerto Rican bomba music and dance at Taller Nzambi, in the town of Loíza, 15 miles east of San Juan; or Wanda Otero, founder of cheese-producing company Vaca Negra in Hatillo, an hour’s drive west of Old San Juan, where you can join a cheese-making workshop and indulge in artisanal cheese tastings. “The list of businesses involved in tourism has gone from 650 in 2018 to 6,100, many of which are artists and artisans,” Dean says. While New Yorkers and Miami residents have always been the largest visitor demographic, Dean says more mainland Americans now realize that going to Puerto Rico means passport-free travel to enjoy beaches, as well as opportunities to dine in Michelin-rated restaurants, hike the only rainforest in the U.S. and kayak in a bioluminescent bay. Visitors from Chicago and Dallas, for example, have increased by approximately 40% from July 1, 2023, to June 30, 2024, compared with the same period in 2022-2023, and more travelers are expected from Denver now that United Airlines Holdings Inc. has kicked off its first nonstop service to San Juan, beginning on Oct. 29. Previously, beach destinations that were easy to reach on direct flights from Denver included Mexico, Belize and California, but now Puerto Rico joins that list with a 5.5-hour nonstop route that cuts more than two hours from the next-best option. Given United Airlines’ hub in San Francisco, it could mean more travelers from the Golden State in the near future, too. In December, U.S. airlines will have 3,000 more seats per day to the territory compared with the same period last year, for a total of 84,731 — surpassing even Mexico and the Dominican Republic in air capacity, according to data from aviation analytics firm Cirium. Luis Muñoz Marín International Airport, the island’s primary gateway, is projecting a record volume of 13 million passengers by year’s end — far surpassing the 9.4 million it saw in 2019. As for Hinchcliffe’s “floating island of garbage” line, Dean says it was “a terribly insensitive attempt at humor” that transformed outrage into a marketing silver lining, with an outpouring of positive public sentiment and content on Puerto Rico all over social media. Success, as that old chestnut goes, may be the best revenge. “It was probably the most efficient influencer campaign we’ve ever had,” Dean says, “a groundswell of visitors who posted their photos and videos and said, ‘This is the Puerto Rico that I know.’” ©2024 Bloomberg L.P. Visit bloomberg.com. Distributed by Tribune Content Agency, LLC.LSU outlasts UCF 109-102 in triple-OT affairRainbow-laden revelers hit Copacabana beach for Rio de Janeiro’s pride parade
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Earth just experienced its second-warmest November on record — second only to 2023 — making it all but certain that 2024 will end as the hottest year ever measured, according to a report Monday by European climate service Copernicus. Last year was the hottest on record due to human-caused climate change coupled with the effects of an El Nino. But after this summer registered as the hottest on record — Phoenix sweltered through 113 consecutive days with a high temperature of at least 100 degrees Fahrenheit — scientists anticipated 2024 would set a new annual record as well. In November, global temperatures averaged 14.10C (57.38F). Last year's global average temperature was 14.98C (59F). FILE - People are silhouetted against the sky at sunset Nov. 12 as they run in a park in Shawnee, Kan. Jennifer Francis, a climate scientist at the Woodwell Climate Research Center in Cape Cod, who wasn't involved in the report, said the big story about November is that "like 2023, it beat out previous Novembers by a large margin." This also likely will be the first calendar year in which the average temperature was more than 1.5 degrees Celsius (2.7 degrees Fahrenheit) above pre-industrial times, the report said. The 2015 Paris Agreement said human-caused warming should be limited to 2 degrees Celsius (3.6 degrees Fahrenheit), and ideally below 1.5. In the following years, the world's top scientist said limiting to 1.5 was crucial to stave off the worst impacts of climate change, such as increasing destructive and frequent extreme weather events. Scientists say the main cause of climate change is the burning of fossil fuels like coal, oil and natural gas. That "does not mean that the Paris Agreement has been breached, but it does mean ambitious climate action is more urgent than ever," said Copernicus Deputy Director Samantha Burgess. A young family visiting Washington cools off from the warm weather in a fountain Nov. 6 at the base of the Washington Monument. Francis said the new records are "terrible news for people and ecosystems." "The pace of warming is so fast that plants and animals cannot adapt as they always have during previous changes in the Earth's climate. More species will go extinct, which disrupts natural food webs they're a part of. Agriculture will suffer as pollinators decline and pests flourish," she said, also warning that coastal communities will be vulnerable to sea-level rise. Heat waves over the oceans and a loss of reflective sea ice and snow cover probably contributed to the temperature increase this year, experts said. Copernicus said the extent of Antarctic sea ice in November was 10% below average, a record. Oceans absorb about 90% of the heat trapped by greenhouse gases, later releasing heat and water vapor back into the atmosphere. Last year's record heat was caused partly by an El Nino — a temporary natural warming of parts of the central Pacific that alters weather worldwide. People walk Nov. 27 on an autumn-colored ginkgo tree-lined avenue in Tokyo. But that ended this year and a cooling effect that often follows, called La Nina, failed to materialize, leaving the scientific community "a little perplexed by what's going on here ... why temperatures are staying high," said Jonathan Overpeck, a climate scientist at the University of Michigan. One explanation is that an El Nino releases more heat to the atmosphere because of warmer ocean waters, then "we're not getting the cooling effect that often in decades gone by helps bring the temperature back down," Overpeck said. "So it does look like this could be contributing to the acceleration of global warming. But this year, he said, "is such a big jump following yet another jump, and that's a scary thing." It's no secret that a warming world will drive food prices higher, a phenomenon increasingly known as " heatflation ." What's less known, but a growing area of interest among economists and scientists alike, is the role individual extreme weather events — blistering temperatures in Texas , a destructive tornado in Iowa — may have on what U.S. consumers pay at the supermarket. At first glance, the answer might seem logical: A drought or flood that impacts agricultural production will, eventually, drive up prices. But it's not that simple, because what consumers pay for groceries isn't only reflective of crop yields or herd sizes, but the whole supply chain. As Grist reports, that's where it gets interesting: Economists are beginning to see a growing trend that suggests weather forecasts play a part in sticker shock. Sometimes the mere prediction of an extreme event — like the record-breaking temperatures, hurricanes, and wildfires forecasters are bracing for this summer — can prompt a spike in prices. It isn't the forecast itself to blame, but concerns about what the weather to come might mean for the entire supply chain, as food manufacturers manage their risks and the expected future value of their goods, said Seungki Lee, an agricultural economist at Ohio State University. "When it comes to the climate risk on food prices, people typically look at the production side. But over the last two years, we learned that extreme weather can raise food prices, [cause] transportation disruptions, as well as production disruptions," said Lee. How much we pay for the food we buy is determined by retailers, who consider the producer's price, labor costs, and other factors. Any increases in what producers charge is typically passed on to consumers because grocery stores operate on thin profit margins. And if manufacturers expect to pay more for commodities like beef or specialty crops like avocados in the future, they may boost prices now to cover those anticipated increases. "The whole discussion about the climate risks on the food supply chain is based on probabilities," Lee said. "It is possible that we do not see extreme temperatures this summer, or even later this year. We may realize there was no significant weather shock hitting the supply chain, but unfortunately that will not be the end of the story." Supply chain disruptions and labor shortages are among the reasons food prices have climbed 25 percent since 2020 . Climate change may be contributing as well. A study published earlier this year found " heatflation " could push them up by as much as 3 percentage points per year worldwide in just over a decade and by about 2 percentage points in North America. Simultaneous disasters in major crop and cattle producing regions around the world — known as multi-breadbasket failure — are among the primary forces driving these costs. Crop shortages in these regions may also squeeze prices, which can create volatility in the global market and bump up consumer costs. Historically, a single, localized heat wave or storm typically wouldn't disrupt the supply chain enough to prompt price hikes. But a warming world might be changing that dynamic as extreme weather events intensify and simultaneous occurrences of them become the norm. How much this adds to consumers' grocery bills will vary, and depends upon whether these climate-fueled disasters hit what Lee calls "supply chain chokepoints" like vital shipping channels during harvest seasons. "As the weather is getting more and more volatile because of climate change, we are seeing this issue more frequently," he said. "So what that means is the supply chain is getting more likely to be jeopardized by these types of risks that we have never seen before." An ongoing drought that plagued the Mississippi River system from the fall of 2022 until February provides an excellent example of this. The Mississippi River basin, which covers 31 states, is a linchpin of America's agricultural supply chain. It produces 92 percent of the nation's agricultural exports, 78 percent of the world's feed grains and soybeans , and most of the country's livestock. Vessels navigating its roughly 2,350 miles of channels carry 589 million tons of cargo annually . Transportation barriers created by low water, seen above, hampered the ability of crop-producing states in the Corn Belt to send commodities like corn and soybeans, primarily used for cattle feed, to livestock producers in the South. Thus emerged a high demand, low supply situation as shipping and commodity prices shot up , with economists expecting consumers to absorb those costs . Past research showing that retail prices increase alongside commodity prices suggests that the drought probably contributed to higher overall food costs last year — and because droughts have a lingering impact on production even after they end, it may be fueling stubbornly high grocery prices today. But although it seems clear that the drought contributed to higher prices, particularly for meat and dairy products, just how much remains to be gauged. One reason for that is a lack of research analyzing the relationship between this particular weather event and the consumer market. Another is it's often difficult to tease out which of several possible factors, including global trade, war, and export bans , influence specific examples of sticker shock. While droughts definitely prompt decreases in agricultural production, Metin Çakır, an economist at the University of Minnesota, says whether that is felt by consumers depends on myriad factors. "This would mean higher raw ingredient costs for foods sold in groceries, and part of those higher costs will be passed onto consumers via higher prices. However, will consumer prices actually increase? The answer depends on many other supply and demand factors that might be happening at the same time as the impact of the drought," said Çakır. In a forthcoming analysis previewed by Grist, Çakır examined the relationship between an enduring drought in California, which produces a third of the nation's vegetables and nearly two-thirds of its fruits and nuts , and costs of produce purchased at large grocery retailers nationwide. While the event raised consumer vegetable prices to a statistically significant degree, they didn't increase as much as Çakır expected. This capricious consumer cost effect is due largely to the resiliency of America's food system . Public safety nets like crop insurance and other federal programs have played a large part in mitigating the impacts of adverse weather and bolstering the food supply chain against climate change and other shocks. By ensuring farmers and producers don't bear the brunt of those losses, these programs reduce the costs passed on to consumers. Advanced agricultural technology, modern infrastructure, substantial storage, and efficient transport links also help ensure retail price stability. A 2024 study of the role climate change played on the U.S. wheat market from 1950 to 2018 found that although the impact of weather shocks on price variability has increased with the frequency of extreme weather, adaptive mechanisms, like a well-developed production and distribution infrastructure with sufficient storage capacity, have minimized the impact on consumers. Still, the paper warns that such systems may collapse when faced with "unprecedented levels of weather variability." Last year was the world's warmest on record , creating an onslaught of challenges for crop and livestock producers nationwide. And this year is primed to be even more brutal , with the transition from El Niño — an atmospheric phenomenon that warms ocean temperatures — to La Niña , its counterpart that cools them. This cyclical change in global weather patterns is another potential threat for crop yields and source of supply chain pressures that economists and scientists are keeping an eye on. They will be particularly focused on the Midwest and stretches of the Corn Belt, two regions prone to drought as an El Niño cycle gives way to a La Niña, according to Weston Anderson, an assistant research scientist at the University of Maryland and NASA Goddard Space Flight Center. Those growing regions for corn and soybeans are what he'll be watching closely as La Niña develops. It's something Jennifer Ifft, an agricultural economist at Kansas State University, is also thinking about. "If you have a very severe drought in the Corn Belt ... that's going to be the biggest deal, because that's gonna raise the cost of production for cattle, hogs, poultry," said Ifft. "So that would probably have the largest inflationary impacts." As of January , U.S. beef herd inventory was at its lowest in 73 years, which multiple reports noted is due to the persisting drought that began in 2020 . Americans, the majority of whom are already spending more on groceries than last year, are poised to soon see "record" beef prices at the supermarket. Food prices are also expected to rise another 2.2 percent in 2024 , according to the USDA's Economic Research Service. In a world enmeshed in extremes, our already-fragile food supply chain could be the next system teetering on the edge of collapse because of human-caused climate change. And costlier groceries linked to impending risk is the first of many warning signs that it is already splintering. This story was produced by Grist and reviewed and distributed by Stacker Media. Get the daily forecast and severe weather alerts in your inbox!Tulsi Gabbard, Trump’s pick for intel chief, faces questions on Capitol Hill amid Syria fallout
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At US$765 million over 15 years, Juan Soto owns the richest contract in professional sport history. It’s a work of art that accelerates from $51 million to $55 million per year, and $805 million overall if the club wants to avoid his opt-out in 2029. He will earn an otherworldly $6,000 per hour over the contract’s 15-year term. Yet as much as the exquisite hitter and newest New York Met is the biggest winner this week in the business of sport, he has plenty of company on the power wagon. The other big winners are the Mets’ brand, owner Steve Cohen, a Mets fan base that has almost always lived in the shadow of the New York Yankees, and super agent Scott Boras. It was also yet another good week for Caitlin Clark, who was named Time magazine’s athlete of the year after more than successfully making the transition from the Iowa Hawkeyes and NCAA women’s basketball to the Indiana Fever and the WNBA. She has re-engineered the financial upside of women’s sport, making more than $10 million in her rookie year. In this era of polarized politics south of the border, she has also inadvertently become the poster child for white privilege. Meanwhile, the NFL will have itself a big Week 15. Two of the best matchups will be played at the same time on Sunday when the 12-1 Detroit Lions meet the 10-3 Buffalo Bills, while the 11-2 Philadelphia Eagles take on the 10-3 Pittsburgh Steelers. It marks the first time in 40 years that the NFL has staged two games that each featured two teams with 10 or more wins going into Week 15. Also sharing the spotlight in the winner’s circle this week is Saudi Arabia, which was named host of the FIFA 2034 World Cup. That World Cup will be the third in four cycles that are hosted at least in part by Arabic countries, with Qatar 2022 ushering in Spain-Portugal-Morocco in 2030 and Saudi Arabia four years later (with the U.S., Mexico and Canada co-hosting in 2026). The trajectory that FIFA is charting is paired with the rise of Emirates Airlines as one of the most prominent corporate sponsors in sport, with holdings in tennis and basketball. That doesn’t include the massive amounts of money invested in LIV golf by the Saudi Sovereign Fund. If the New York Stock Exchange traded exclusively in football, it would reflect a dreary economic recession — if not outright depression — for fans of the 2-11 New York Football Giants of the NFC and the 3-10 New York Jets of the AFC. The two teams have lost 21 of the 26 games they’ve played this season, causing considerable angst among New York fans and sport commentators. It’s yet another reminder that big market size doesn’t always buy you a winning team. The Jets this week became the first NFL team to be eliminated from this year’s playoffs. What’s more? They have struggled through nine consecutive losing seasons and 14 years out of the playoffs — the longest active drought in the big four North American men’s sports leagues. Take a bite out of that Big Apple. Tom Mayenknecht is the host of The Sport Market on Sportsnet 650 on Saturdays from 9 a.m. to 1 p.m. The Vancouver-based sport business commentator and principal in Emblematica Brand Builders provides a behind-the-scenes look at the sport business stories that matter most to fans. Follow Mayenknecht at: x.com/TheSportMarket .
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