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US companies are still betting on Chinese consumers, despite coronavirus impact

US companies are still betting on Chinese consumers, despite coronavirus impact

Finance
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017.Johannes Eisele | AFP | Getty ImagesAmerican companies in China are still betting on the local consumer, even if business disruptions from the coronavirus are dragging down revenues. A survey of 119 companies from March 13 to 18 by the Beijing-based American Chamber of Commerce in China found that the proportion of respondents saying they are experiencing significant revenue declines increased to 50% — that's up from 28% last month. "The consumer sector as we see in this survey has been particularly hard hit," Alan Beebe, AmCham China president, said on a call with reporters Wednesday morning. "(It's) the sector that had one of the largest reve
Super Bowl LIV: How to watch, latest betting odds

Super Bowl LIV: How to watch, latest betting odds

Sports
MIAMI, Feb. 2 (UPI) -- One of the best quarterbacks in the NFL will take on one of the league's best defenses in Super Bowl LIV on Sunday at Hard Rock Stadium in Miami Gardens, Fla. The strength-against-strength matchup marks the NFL season finale with Kansas City Chiefs star Patrick Mahomes set to face the Richard Sherman-led San Francisco 49ers secondary. The 49ers boast an elite rushing attack, while the Chiefs have stepped up their play against the run in the postseason. Kansas City is a 1.5-point favorite to beat San Francisco, according to Caesars. The game has an over/under of 54 total points. Both teams have had two weeks to prepare for the game after winning their respective conference championships. "You have to visualize it if you want to go out there and do it," Mahomes said...
Super Bowl betting is expected to be $6.8 billion. The IRS will want a piece of your winnings

Super Bowl betting is expected to be $6.8 billion. The IRS will want a piece of your winnings

Finance
If your weekend plans include dropping a bet on the Super Bowl, don't forget that Uncle Sam wants a piece of anything you win.Americans are expected to wager about $ 6.8 billion on Sunday night's matchup between the Kansas City Chiefs and San Francisco 49ers in Miami. And no matter where you place your bet — whether at a casino, online, through a pool or fantasy league, or at your neighbor's annual bash — the IRS expects you come to clean at tax time."Most people don't realize they have to report any kind of winnings from gambling activities," said Oscar Vives Ortiz, a CPA who serves on the American Institute of CPAs' personal financial specialist committee.Fans celebrate after making bets through FanDuel Sportsbook during Super Bowl LIII in East Rutherford, New Jersey, on Feb. 3, 2019.Edu
NFL playoffs preview: How to watch, betting odds for conference championships

NFL playoffs preview: How to watch, betting odds for conference championships

Sports
Jan. 17 (UPI) -- Championship weekend has arrived in the NFL, with four teams battling for the right to go to Super Bowl LIV. The underdog Tennessee Titans travel to play the Kansas City Chiefs in the 2020 AFC Championship game, while the Green Bay Packers battle against the San Francisco 49ers in the NFC title game. Both games are Sunday, with the Packers fighting the 49ers in the nightcap in Santa Clara, Calif. The 49ers have the best odds of advancing to the Super Bowl, according to Caesar's. San Francisco is a 7.5-point favorite against Green Bay. The Chiefs are 7-point favorites to beat the Titans. "You've got to get to your preparation," 49ers cornerback Richard Sherman told reporters Thursday. "You've got to go out there and execute. It sounds boring and rudimentary, but honestly ...
British Open 2019: How to watch, betting odds

British Open 2019: How to watch, betting odds

Sports
July 17 (UPI) -- The 2019 British Open tees off Thursday at Royal Portrush in Northern Ireland. Here is how to watch and the betting favorites to win the tournament. Northerland Ireland native Rory McIlroy is the betting favorite to win the tournament, according to the odds makers at MyTopSportsBooks. The 2014 British Open champion has 17-2 odds of winning the major championship. McIlroy enters the tournament as the No. 3 golfer in the world. He finished tied for ninth at the U.S. Open after winning the RBC Canadian Open. McIlroy also won the Players Championship in March. Brooks Koepka is the No. 1 golfer in the world, but never has won the British Open. Koepka finished second at the Masters and won the PGA Championship. He is the second best bet to win the tournament, with 9-1 odds at...