Maria Sharapova took a step closer to her first tournament victory since January 2008 as she moved into the semifinals of the L.A. Women’s Tennis Championships on Friday night
Michael Phelps has lost his men’s 200-meter individual medley world record — a mark he has held for six years — after fellow-American Ryan Lochte claimed gold in the world swimming championships in Rome in a new best time. Lochte came home first in a time of one minute 54.10 seconds, bettering the mark of 1:54.23 set by Phelps when winning Olympic gold in Beijing on August 15 2008. Hungarian Laszlo Cseh was second in 1:55.24 and American Eric Shanteau third in 1:55.36.
On Father’s Day weekend, while dads were playing catch with their sons and preparing the backyard barbecue, women rushed to theaters to see a romantic comedy with a female star. The Proposal, with Sandra Bullock as a Canadian publishing exec who must marry her harried male assistant in order to stay in the U.S, whacked the opposition and topped the North American box office.
Alex Cejka reached 11 under for a five-shot lead in the third round of the U.S.
Toyota reported a first-ever annual net loss of $4.4 billion on Friday, the latest automobile maker to be battered by the credit crisis. Net revenue for the fiscal year ending March 31 was down nearly 22 percent, with total sales of 7.6 million vehicles — 1.3 million fewer than the previous year. The company dividend will be reduced to 100 yen per share, down from 140 yen per share last year The appreciation of the yen against major currencies, rise in raw material costs and the collapse of the auto market in Europe and North America led to the company’s annual loss, said Katsuaki Watanabe, Toyota president, at a press conference.
World number one Serena Williams has suffered a shock defeat in the first round of the Andalucia Open in Marbella, Spain, losing in three sets to little-known Czech Klara Zakopalova. The American, playing her first clay-court match of the season, was beaten 6-4 3-6 6-1 by her world ranked No.95 opponent.
Cafe owner Sam Lippert has come up with an innovative way to cope with the recession: He’s done away with pricing and simply asks customers to pay what they want. Lippert says sales and customer count has increased markedly since the change, and he’s looking at adding more staff. Lippert spoke Tuesday with John Roberts on CNN’s “American Morning” about how he came up with the idea and how customers have reacted.
There’s no worse feeling than when you’re in an interview and the interviewer asks you a question to which you don’t know the answer.
Asian markets slumped Friday, latching onto Wall Street’s bear market slide to levels not seen since 1997. Tokyo’s Nikkei average was off 3.5 percent in afternoon trading and the All Ordinaries index in Australia tumbled 1.2 percent. In Seoul, the KOSPI fell 0.3 percent, while Hong Kong’s Hang Seng index dropped 1.3 percent.