Salt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom
Local governments and agencies issued more than $4 billion of municipal bonds this year, fueling a surge of development across Salt Lake City, nearby ski resorts and the booming tech corridor to the south. Those debt issuances mark a 140% increase compared what Utah-based borrowers sold during the same period last year, according to data compiled by Bloomberg.
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Jets to have officials at camp to reduce penalties, says coach Aaron Glenn
FLORHAM PARK, N.J. (AP) — The New York Jets hope seeing more black-and-white stripes in training camp will result in fewer yellow flags during the season. Coach Aaron Glenn said Friday the team will often have officials at practice through the summer after the Jets, under the previous regime of coach Robert Saleh, led the NFL in penalties the last two seasons. New York rarely used officials during training camp practices during those summers. Many NFL teams hire officials for at least some of their camp practices, giving players the opportunity to get used to how plays are called in a non-game environment. 'I want the officials here as much as possible and they know that,' Glenn said. "It's no secret that we were the most-penalized team in the league last year, so that's one of the things that I want to nip in the bud early — making sure that the discipline part of what we do, that we fix that now. 'You cannot win games in this league with an undisciplined team, so all the penalties that we had last year, we're knocking those things out.' Last season, the Jets were penalized 137 times, five more than Tennessee and Baltimore, and finished 5-12 — with Saleh and general manager Joe Douglas both fired in the middle of the season. In 2023, New York was called for 124 penalties, nine more than Cleveland and Dallas, and went 7-10. 'The officials are going to be here and we're going to knock that out, all right,' Glenn said. 'I will tell you this: We are going to knock these penalties out. We're going to understand that undisciplined teams do not win games.' Philadelphia, last year's Super Bowl champion, ranked 11th in the NFL with 103 penalties. Kansas City, the AFC champion, was fourth with 94. The Los Angeles Rams, who won the NFC West, had the fewest penalties in the league with 91. Glenn said there are two types of calls on players during games: pre-snap penalties — 'the dumb penalties' — and competitive penalties, including pass interference. 'The competitive penalties, listen, you go back and forth with those, right?' Glenn said. 'Like P.I., guys are fighting. Those are competitive penalties. Holds, those are competitive. Now, false starts, jumping offside, hitting after plays, the dumb stuff, we've got to knock those out. And we control those. And those are the things I want to make sure we get rid of.' ___ AP NFL:
Yahoo
13 minutes ago
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Spear AI raises first round of funding to apply AI to submarine data
By Stephen Nellis SAN FRANCISCO (Reuters) -A startup founded by U.S. Navy veterans aiming to help the U.S. military use artificial intelligence to decipher data gathered by submarines has raised its first round of outside capital. Washington-based Spear AI specializes in working with what is known as passive acoustic data, which is gathered by listening devices underwater. Its long-term aim is to use AI to help submarine operators understand whether an object heard could be a rain squall, a whale, or a vessel that could be a threat, and to detect where it is and how fast it is moving. The challenge is that most existing AI tools are trained on data such as words or images that have been painstakingly labeled and organized over years or decades by companies such as Scale AI, which recently signed a $14.8-billion deal with Meta Platforms. Data from acoustic sensors is different. Spear AI co-founders Michael Hunter, a former U.S. Navy SEAL analyst, and John McGunnigle, a former nuclear submarine commander for the U.S. Navy, are building a hardware and software platform that aims to prepare that data for AI algorithms. The company sells sensors that can be attached to buoys or vessels and a software tool to help label and sort the data gathered by the sensors to make it ready to be put into AI systems. The U.S. Navy this month awarded Spear AI a $6-million contract for its data-labeling tool. Spear AI, founded in 2021, has been self-funded and has about 40 employees. Hunter, the CEO, said it raised $2.3 million from AI-focused venture firm Cortical Ventures and private equity firm Scare the Bear. The funding will be used to double the company's headcount to support its government contracts and commercial business prospects, such as monitoring underwater pipelines and cables. Hunter said Spear AI also aims to sell consulting services, a model similar to defense tech firm Palantir. "We wanted to build the product and actually get it out the door before the contract came in to get it," Hunter told Reuters. "The only way you can do that is with private capital." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Yankees acquiring 3B Ryan McMahon in trade with Rockies
The Yankees are making an upgrade at third base, acquiring Ryan McMahon from the Colorado Rockies, according to Mark Feinsand. New York is sending two pitching prospects in exchange for the 2024 All-Star, including LHP Griffin Herring, per ESPN's Jorge Castillo. The Rockies are currently a league-worst 26-76 and on pace for the worst record in major league history. McMahon is in the fourth year of a six-year, $70 million contract. He's owed $16 million in both of the next two seasons before becoming a free agent ahead of the 2028 season. The 30-year-old is slashing .217/.314/.403 this season with 16 home runs, 15 doubles, and 35 RBI over 100 games. He's struck out a league-leading 127 times, but is still on pace for his fifth straight 20-plus home run season and sixth of his career. It's a drop-off from his All-Star 2024 season in which he hit .242 with 20 homers, 28 doubles, and 65 RBI. McMahon had a career-best 4.0 WAR in 2021 with 23 home runs, 32 doubles, and 86 RBI in 151 games. He was drafted by Colorado in the second round of the 2013 MLB Draft out of Mater Dei HS in Santa Ana, CA and made his debut at age 22 in 2017. Over nine seasons and 1,004 games with the Rockies, McMahon owns a .240 batting average and .740 OPS with 137 homers and 445 RBI. Defensively, McMahon has logged 696 games at third base, owning a .968 fielding percentage. He's also played 244 games at second base, 70 at first base, seven as a DH, and two at SS. He's played 100 games at third this season (.978 fielding percentage) and manned the hot corner for 152 games in 2024, leading the league in both assists (323) and errors (15). The Yankees will bank on his glove at third base for at least the rest of the season, allowing them to move Jazz Chisholm Jr. to second base full-time.
