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Business - LeEco`s sports unit cuts 10 percent of staff amid funding crunch


BEIJING/SHANGHAI (Reuters) - The sports unit of Chinese technology giant LeEco will cut 10 percent of its staff and restructure its business after the parent firm`s billionaire chief executive flagged concerns over spiraling debt and corporate overextension last month. A company spokeswoman said the cuts would be made at various departments inside LeEco`s sports unit, LeSports. LeEco`s CEO Jia Yueting made waves in November after writing a letter to staff saying the firm was facing `big company disease`, casting fresh doubt over the conglomerate`s ambitions in sectors including the electric auto industry and online entertainment.


Wednesday, December 07, 2016  09:36

Yahoo

Sports - Tiger must prove he is over chipping yips: Jacklin


By Tony Jimenez LONDON (Reuters) - Former world number one Tiger Woods must prove he has overcome the `chipping yips` in order to fully challenge golf`s elite again, according to double major champion Tony Jacklin. American Woods, 40, made his comeback after an absence of almost 16 months caused by chronic back problems to finish 15th in an elite 17-man field at last week`s Hero World Challenge in the Bahamas. `I thought it was a promising return by Tiger,` Jacklin told Reuters in a telephone interview from his Florida home.


Wednesday, December 07, 2016  09:34

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Sports - Golf: Injured Rose was `50-50` for HK Open defence


Justin Rose on Wednesday said he had been close to pulling out of this week`s Hong Kong Open title defence after a back injury laid him low. The Olympic champion was in doubt after the injury forced him to abandon last week`s Hero World Challenge in the Bahamas after just one round. `Sure, I`ve been worried about my participation the last few days,` Rose told reporters.


Wednesday, December 07, 2016  08:43

Yahoo

Sports - Golf-Tiger must prove he is over chipping yips - Jacklin


By Tony Jimenez LONDON, Dec 7 (Reuters) - Former world number one Tiger Woods must prove he has overcome the `chipping yips` in order to fully challenge golf`s elite again, according to double major champion Tony Jacklin. American Woods, 40, made his comeback after an absence of almost 16 months caused by chronic back problems to finish 15th in an elite 17-man field at last week`s Hero World Challenge in the Bahamas. `I thought it was a promising return by Tiger,` Jacklin told Reuters in a telephone interview from his Florida home.


Wednesday, December 07, 2016  08:10

Yahoo

Sports - Spurs rally, roll toward NBA history on the road


The San Antonio Spurs erased an early 10-point deficit to beat the Minnesota Timberwolves 105-91 and extend their perfect record on the road to 13-0. The Spurs are closing in on NBA history. San Antonio notched away win No. 13 without veteran stars Tony Parker and Manu Ginobili, with Parker ruled out because of a knee contusion and Ginobili in uniform but on the bench on the second night of back-to-back games.


Wednesday, December 07, 2016  06:31

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Sports - Rose aims to put bad back behind him


Justin Rose will hope a troublesome back injury doesn`t put paid to his Hong Kong Open title defence as the new European Tour season gets underway on Thursday. The Olympic champion was forced to pull out after the first round of last week`s Hero World Challenge in the Bahamas, but he made the trip to Hong Kong regardless. Rose isn`t the only top player with fitness concerns at the opening event of the 2017 European Tour season, which also rounds off the Asian Tour`s 2016 schedule.


Wednesday, December 07, 2016  06:07

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Sports - Anthony and Knicks down Heat in warm-up for Cavs


Carmelo Anthony scored a season-high 35 points to lead the New York Knicks to a 114-103 NBA victory over the short-handed Heat in Miami on Tuesday. Kristaps Porzingis scored 14 points and pulled down 12 rebounds for the Knicks and Joakim Noah added 10 points and 10 rebounds, including seven of New York`s 18 offensive boards.


Wednesday, December 07, 2016  05:34

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Sports - Magic topple Wizards despite Wall`s 52 points


Fifty-two points from John Wall weren`t enough for the Washington Wizards as they fell 124-116 to the surging Orlando Magic. The Magic, meanwhile, closed out a five-game roadtrip with a flourish. Elfrid Payton scored 22 of his career-high 25 points in the first half, connecting on nine of 12 shots from the field on the night.


Wednesday, December 07, 2016  05:26

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Sports - Red Sox `go for it` with trade for lefty ace Sale


The Boston Red Sox dramatically retooled to build anew after winning the World Series in 2013, but on Tuesday they revised the blueprint again to go all-in for another title chase. The time was right to send four promising players, including top Major League Baseball prospect Yoan Moncada of Cuba, to the Chicago White Sox for five-time All Star pitcher Chris Sale, said Dave Dombrowski, Boston`s president of baseball operations. `We feel it gives us a chance to win now,` Dombrowski told a news conference at MLB`s Winter Meetings in Maryland on Tuesday.


Wednesday, December 07, 2016  01:01

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Sports - Colts` Jackson suspended four games for doping


Los Angeles (AFP) - Indianapolis Colts linebacker D`Qwell Jackson has been suspended by the NFL for four games for violating the league`s policy on performance-enhancing substances.


Tuesday, December 06, 2016  23:37

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