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Record 274 climbers summit Everest from Nepalese side

  

Record 274 climbers summit Everest from Nepalese side in single day

Climbers take advantage of clear weather after threat of ice fall on normal route delayed start of spring season

A record 274 climbers have reached the summit of Mount Everest from the Nepalese side in a single day after a spring season that started late because of the threat of ice fall on the normal tourist route.

The climbers took advantage of the clear weather on Wednesday, said Rishi Ram Bhandari, of the Expedition Operators Association Nepal.

“This is the highest ​number of climbers in a single day so far,” Bhandari told Reuters, referring to the Nepali record, adding that the number could rise as some climbers who had summited might not have informed the base camp yet.

Members of an expedition team at Khumbu icefall last month. Photograph: Purnima Shrestha/Reuters

All but one of the climbers reached the summit assisted by Sherpa guides and using supplementary bottled oxygen. The Ecuadorian climber Marcelo Segovia summited while climbing independently and without oxygen.

Mountaineering experts often criticise Nepal for allowing large numbers ​of climbers on the mountain, ​which sometimes leads to risky jams or long queues in the “death zone” area below the summit, where the level of natural oxygen is below what is required for human survival.

The large convergence on a single day appears to have occurred as climbers who had been waiting in higher camps for better wind conditions were joined by climbers from lower camps, with some reporting queues and a slow pace of ascent.

The 8,849-metre (29,032ft) peak can be scaled from either the southern side in Nepal or the northern face in China’s Tibet. On 22 May 2019, Nepal’s side had 223 and the Chinese side had 113 climbers on the summit. Chinese authorities, however, have closed the route this year.

Kami Rita Sherpa scaled the peak for the 32nd time this week. Photograph: Purnima Shrestha/Reuters

This week, the veteran mountain guide Kami Rita Sherpa scaled the peak for the 32nd time, breaking his own record for the most summits of Everest. His closest rival, Pasang Dawa Sherpa, scaled the peak for the 30th time this week. Also, Lhakpa Sherpa scaled Everest for the 11th time, topping her own record for the most summits by a female climber.

This year’s Everest climbing season began late because of the risk from a huge serac, glacial ice cliff, hanging over the key route to the summit.

There are 494 climbers and an equal number of Sherpa guides expected to attempt to scale the mountain by the end of May, when the climbing season on the peak ends.

Thousands of people have climbed Everest since it was first scaled on 29 May 1953 by Sherpa Tenzing Norgay and the New Zealander Edmund Hillary.

A Department of Tourism official, Himal Gautam, said he had ‌received preliminary ⁠information that more than 250 people climbed the peak on Wednesday.

Members of an expedition team head to Everest’s Camp 2. Photograph: Purnima Shrestha/Reuters

“We wait for climbers to return, give us photographs and other evidence to prove their ascents and provide them with climbing certificates,” Gautam told Reuters. “Only then we will be able to confirm the numbers.”

Nepal has issued 494 permits to climb Everest this year, each costing $15,000.

Top 10 most valuable soccer teams globally

 Top 10 most valuable soccer teams globally

Bar chart showing top ten most valuable soccer teams globally. Real Madrid leads at $9.5 billion, followed by FC Barcelona ($7.5b) and Manchester United ($7.2b). Liverpool ($6.2b), Paris Saint-Germain ($5.8b), Bayern Munich ($5.7b), Manchester City ($5.5b), and Arsenal ($5.4b) cluster in the middle range. Chelsea ($4.2b) and Tottenham Hotspur ($3b) round out the bottom. Data source: Forbes.

Data Source: Forbes, Photos: Getty, Designer: Jessica Russo

The most valuable soccer teams are dominated by clubs in the English Premier League, with six in the Top 10 and 11 in the Top 30. No US-based MLS team is higher than 17, and only one team from the French league is in the Top 30. But money isn’t necessarily everything, because Paris Saint-Germain, the fifth-most-valuable team, according to Forbes, just won the Champions League for the second year in a row last weekend.

A note about the most expensive team: Real Madrid had a record 2024–25 season, bringing in $1.27 billion in revenue. That figure not only beats every other soccer team but also surpasses the NFL’s Dallas Cowboys’ $1.23 billion in 2024 season revenue, which previously set the record for highest revenue from a sports team, per Forbes.

Private equity gets in on the pitch. There is a smattering of private equity dollars in the Top 10 clubs: Qatar Sports Investments (which is government-backed) owns Paris Saint-Germain, while Clearlake Capital has a majority share of Chelsea.

US gov’t bonds plummet amid inflation concerns

 US gov’t bonds plummet amid inflation concerns

Exterior of the US Treasury Department building

Douglas Rissing/Getty Images

On Wednesdays, the Brew’s Sam Klebanov highlights a fascinating stock, commodity, or other asset that’s worth your attention.

Investors are dumping IOUs from Uncle Sam. Government bond prices fell this week, pushing 30-year yields—which move in the opposite direction to prices—to 5.19% yesterday, the highest level since July 2007.

Everyone is worried about inflation accelerating:

  • Analysts say the risk of prices rising faster due to a prolonged Strait of Hormuz closure has investors expecting that the Fed won’t lower borrowing costs this year, which makes the current bonds that offer lower interest look as appealing as a hot tub in July.
  • The market went from anticipating three rate cuts this year to now a rate hike.

Growing government debt further cheapens federal bonds. The US national debt for last year’s Q4 was 122% of GDP, up from 105% during the same period in 2019.

This affects you even if you’re not a bond trader. Rising government bond yields can translate to higher mortgage rates and more expensive auto loans.

Kelce grabs a stake in his hometown MLB team

 Kelce grabs a stake in his hometown MLB team

Travis Kelce wearing Guardians jersey

Frank Jansky/Getty Images

On Fridays, the Brew’s Dave Lozo looks at a sports business story that says a lot more than just the final score of a game.

Kansas City Chiefs tight end and frequent subject of Taylor Swift songs Travis Kelce became a minority owner of MLB’s Cleveland Guardians this week, joining a long line of athletes to dip a toe into sports team ownership.

“The opportunity came across my desk and I just couldn’t say no,” said Kelce, a Cleveland Heights native who shocked many by revealing that he owns a desk. Kelce’s share came out of the 35% stake owned by Blackstone exec David Blitzer, who can become the majority owner after the 2027 season.

Other athletes with ownership stakes in pro teams include: LeBron James (Boston Red Sox, Pittsburgh Penguins); Tom Brady (Las Vegas Raiders and Aces); David Beckham (Inter Miami CF); Giannis Antetokounmpo (Milwaukee Brewers); and Kelce’s teammate, Patrick Mahomes (Kansas City Royals).

Sports team valuations have soared to new heights, and the Guardians are no exception. Per Forbes, the team was valued at $920 million in 2017 but is worth $1.7 billion today.

The first Star Wars movie in 7 years might flop

 The first Star Wars movie in 7 years might flop

Scene from The Mandalorian and Grogu

Lucasfilm

Disney has a lot riding on a little alien child. The Mandalorian and Grogu officially hit theaters yesterday, and the entertainment giant desperately needs Baby Yoda to revive the famous franchise’s fading box-office appeal.

But the Force may not be strong with this one. The film is at risk of having the worst opening for any Star Wars movie ever:

  • The Mandalorian and Grogu is projected to make $80 million to $100 million domestically this weekend. That would be less than Solo: A Star Wars Story, which is the franchise’s only film to lose money (so far).
  • In revenue from preview viewings, The Mandalorian and Grogu is already behind Solo, which also premiered over Memorial Day weekend (in 2018).

Potential obstacles: The film is a continuation of a Disney+ series that first endeared viewers to Baby Yoda in 2019. Potential audiences might assume the show is a prerequisite for understanding the movie. And some series fans may not be interested in the flick, either—reviews for the show had soured by its third and final season, which aired in 2023.

So, why send Grogu to the big screen? Possibly because his adventures with Pedro Pascal’s Mando are the most family-friendly Star Wars content around, and Memorial Day weekend is prime time for casual movie theater walk-ins. Plus, if the film disappoints at the box office, some analysts say it could still spur a Grogu merch resurgence.

High stakes, these are

Disney could use a win with Star Wars fans who were concerned with the company’s 2012 acquisition of Lucasfilm, the franchise’s production company.

The first rebooted Star Wars film, The Force Awakens, smashed the box office in 2015 and became the highest-grossing film domestically in US history, but momentum has since slowed. The 2019 film The Rise of Skywalker—the most recent Star Wars movie—earned mixed reviews and half as much money as The Force Awakens.

Meanwhile…Disney’s superhero movies are also struggling at the box office. Warner Bros.-owned DC’s Superman outgrossed every Marvel release last year, breaking a 17-year winning streak for the MCU.

This year’s broadcast deals are chaotic

 This year’s broadcast deals are chaotic

Person watching broadcast of FIFA World Cup in a lottery selling point

CFOTO/Getty Images

FIFA’s global media rights for World Cup 2026 are like a kids’ rec soccer game: slow-going, messy, and featuring many players who aren’t doing what the big bosses wish they would.

It’s all in the timing. In big countries where swaths of the population will be asleep or groggy when the North America-based games kick off, FIFA may be getting less money from broadcasters than it was hoping for:

  • Last week, FIFA finally reached a broadcast deal with India, the world’s most populous country, after cutting its asking price from $100 million to $60 million. The final amount may have been lower—an Indian broadcaster that paid $60 million for the 2022 rights ultimately lost money, and that World Cup was hosted in Qatar, a much closer time zone.
  • China, the world’s second-most-populous country, reached a late-stage deal with FIFA last month that valued the 2026 World Cup rights at $60 million—down from the $300 million FIFA reportedly originally sought there—at least in part because of the massive time difference between China and North America, the Associated Press reported.

Meanwhile…the TV operator that aired the World Cup in Malaysia for more than two decades will pass the torch to a public broadcaster this year, after saying “rampant piracy” had heavily devalued the rights.

Even so…FIFA expects record broadcast revenue from this World Cup, propelled by lucrative deals in North America and Europe. Also, this year’s tournament expanded to have 104 matches instead of 64, which gave FIFA more content to sell to broadcasters.

Waymo service takes a multicity rain check

 Waymo service takes a multicity rain check

Waymo stuck in floodwaters in Atlanta

11 Alive

Waymo and its self-driving cars are used to making waves, but this isn’t what they had in mind. After several incidents of its robotaxis driving into floodwaters, the company announced on Thursday that it’s temporarily halting its service in Atlanta, Austin, Dallas, and Houston due to inclement weather.

So, what happened? During a bout of heavy rain in Atlanta on Wednesday, an empty Waymo car Leeroy Jenkins’d into a flooded street and got stuck. Elsewhere in the city, a different Waymo vehicle with a journalist inside also repeatedly tried its hand at self-boating.

There were precipitating events: Waymo had already halted service in San Antonio last month over a similar incident. And last week, the company issued a recall on thousands of its vehicles to perform a software update aimed at solving the problem. According to Waymo:

  • The update—meant to be a temporary fix—instructed vehicles not to drive when there’s an elevated risk of flooding.
  • But that didn’t work in Atlanta, because the flooding started before emergency alerts were sent out.

Waymo said it’s working on additional software changes and will monitor conditions to decide when it can safely lift the service suspensions.

Big picture: Waymo says data proves its vehicles are safer drivers than humans when it comes to avoiding collisions that result in injuries. But its robotaxis are under federal investigation for failing to stop for school buses and for striking a child in California, causing minor injuries, the company told the National Highway Traffic Safety Administration.

Canada high court recognizes new civil wrong of intimate partner violence

 Canada high court recognizes new civil wrong of intimate partner violence - JURIST - News

Canada high court recognizes new civil wrong of intimate partner violenceNews
Dwong33, CC0, via Wikimedia Commons
Canada high court recognizes new civil wrong of intimate partner violence

The Supreme Court of Canada recognized intimate partner violence as a new civil wrong on Friday. The majority said it is a “pernicious social ill” that the law must address.

Six justices decided to recognize intimate partner violence as a new tort—an act or omission that injures another, constituting a civil wrong that attaches liability. Justice Nicholas Kasirer, for the majority, accepted that intimate partner violence offends the victim’s dignity, autonomy and equality in a relationship that existing tort law fails to capture. The law cannot sufficiently compensate the victims because it fails to recognize the violence as a cumulative pattern of coercive control, its disproportionate impact on women and its aggravated distinct nature in the intimate partnership setting.

To claim the tort, a plaintiff needs to establish that the defendant intentionally engaged in the abusive conduct, arising from an intimate relationship and that it amounts to coercive control objectively. In her concurring opinion, Justice Andromache Karakatsanis would have included acts or threats of violence that cause physical or psychological harm, instead of limiting the tort to objective coercive control.

The three dissenting justices described this development as “unprecedented” in the common law tradition, as they considered the majority to be formulating the tort from a vacuum of comparative law or legal commentaries. They criticized the majority for creating legal uncertainty, as there is limited guidance on the scope of coercive control and the quantification of damages under the new tort. Several justices previously expressed this concern in the hearing.

Kate Feeney, litigation director at advocacy group West Coast LEAF, said the ruling is a “groundbreaking step” towards addressing discrimination against survivors of intimate partner violence. Niki Sharma, the Attorney General of British Columbia, also welcomed the ruling, adding that:

This ruling will make a meaningful difference for survivors and build on the work underway in British Columbia to better support them, including initiatives such as the Family Law Act modernization project, the Intimate Images Protection Act and our advancing work related to Dr. Kim Stanton’s recommendations to address systemic and legal barriers in BC’s legal system.

Relatedly, New Brunswick’s legislature is also moving to remove the limitation period for intimate partner violence victims to initiate a claim against the perpetrator.

According to police-reported data, there were 356 victims of intimate partner violence per 100,000 population in Canada in 2024. This represented a 14 percent increase from 2018. The rate of women and girls being victims of intimate partner violence was 3.5 times higher than that of men and boys in 2024.

The case, Ahluwalia v. Ahluwalia, concerns a wife who suffered from intimate partner violence in a 16-year marriage. The complained conduct included physical assault, humiliation, isolation of the wife from family, pressure for sex through mistreatment, and financial control. Ruling in favor of the wife, the trial judge recognized the novel tort of family violence. However, the Court of Appeal for Ontario unanimously declared that the law should not recognize the new tort.

Lululemon is being haunted by its founder

 Lululemon is being haunted by its founder

Lululemon store

JPix/Getty Images

More than a decade after leaving his athleisure company, Chip Wilson is still trying to steer what he sees as a sinking ship. He’s currently trying to convince shareholders to overhaul Lululemon’s board, which prompted the company to call Wilson’s perspectives “misguided” and “outdated” yesterday in its first public response to the founder.

“Mr. Wilson has shown that he does not have a full understanding of the business today or the brand’s future potential and remains intractably focused on the past,” Lululemon wrote, urging shareholders to back the company’s existing board members.

“The board has not provided me with detail on where our disagreements lie,” Wilson, who has a history of making insensitive comments, said after Lululemon released their roast letter.

For context, Lululemon’s revenue tripled in nine years after Wilson left the board in 2015, per Fortune, but its stock is now down ~75% from a 2023 peak. US sales have slid amid competition from the likes of Vuori and Alo, plus tariffs and a general consumer spending pullback.

Wilson, Lululemon’s second-largest shareholder, has bashed the company’s DEI efforts and argued that Lululemon lost its “cool” factor. “A company bereft of a visionary loses its singular voice for product and long term strategy,” he wrote in a Wall Street Journal ad last year.

Looking ahead…shareholders will vote on Wilson’s and Lululemon’s competing board nominees on June 25.

Why are people camping out for this weird watch?

 Why are people camping out for this weird watch?

Audemars Piguet x Swatch

Swatch

Not since Hobbs & Shaw teamed up has there been this kind of buzz about an unlikely pairing. A new pocket watch from Swatch and Audemars Piguet (you decide which one is The Rock) is out today after a week of anticipation that included long lines and hype created by AI photos.

The collection is called Royal Pop, which sounds like a game you will never download despite the 40-second ads for it everywhere. It can be worn around the neck like a pendant, comes in eight bright color combinations, and Audemars Piguet hopes that, at ~$400 apiece, the luxury watchmaker can reach a broader, younger audience.

Swatch needs a hit, too: The company saw a 6.75% drop in sales and a 55.6% decline in operating profit in 2025, which is why an activist shareholder is applying pressure.

Twisted-wristers: Buzz and endless lines outside stores were created when pictures of wristwatches “leaked,” but turned out to be fake AI images. The real pocket watches were a disappointment to some, although one expert said they could be worth as much as $2,500 on the resale market.

But…vendors in Singapore and China are already working on manufacturing wrist straps that can house the timepiece and will be ready within weeks of today’s release.

Sobeys, Loblaw under fire for maple washing

 Sobeys, Loblaw under fire for maple washing, as Sobeys ditches maple leaf symbol in stores | CBC News


Sobeys, Loblaw under fire for maple washing, as Sobeys ditches maple leaf symbol in stores
Federal regulator has identified 127 cases of maple washing by retailers since the start of 2025


Sophia HarrisAndreas Wesley · CBC News · Posted: May 14, 2026 1:00 AM PDT | Last Updated: 6 hours ago

Listen to this article
Estimated 6 minutes

Sobeys customer Steve Palmer discovered these walnuts at a store in Nova Scotia. Although the packaging says the nuts come from California, they were promoted in-store with a red maple leaf. (Submitted by Steve Palmer)

More than a year after the Buy Canadian movement took root, grocery giants Loblaw and Sobeys are facing increased scrutiny over "maple washing" — the practice of promoting imported goods as homegrown.

The Canadian Food Inspection Agency (CFIA) slapped two Loblaw-owned stores in January with $10,000 fines each for maple washing, and one month later, two other Loblaw-owned stores got formal warnings for the same violation, CBC News has learned.

Sobeys is also on the CFIA's radar. The federal food regulator told CBC it has received multiple complaints about the grocer and maple washing and has wrapped up an investigation into advertising practices overseen by Sobeys' head office.

The probe resulted in no fines because "corrective actions" were taken, the CFIA said in an email.

Meanwhile, Sobeys appears to have phased out the iconic red maple leaf symbol it introduced last year to highlight Canadian products in stores.

Over the past two weeks, CBC visited nine Sobeys and Sobeys-owned Safeway locations in Halifax, Toronto, Calgary and Vancouver. We found the once-ubiquitous symbol had all but disappeared, leaving products such as Tim Hortons coffee and Real Dairy ice cream with no store marker to flag their Canadian connection.

The photo on the left shows the red maple leaf symbol Sobeys typically included on the shelf tag for products with Canadian ties, such as Tim Hortons coffee. In the photo on the right, taken last week at a Toronto Sobeys, the symbol has been removed. (Sobeys/Facebook, Sophia Harris/CBC)

Sobeys did not respond to requests for comment. But the grocer's parent company, Empire, told The Canadian Press in late March that it was starting to remove some Canadian signage because shoppers are capable of figuring out where their food comes from.

Consumer advocate Jay Jackson suggests the CFIA investigation — which was already underway in March — may have motivated the grocer to ditch the symbol.

"They know that the government is watching closer," said Jackson, a former senior analyst with Canada's Competition Bureau.

"They are trying to protect themselves."

The photo on the left shows the red maple leaf symbol Sobeys included on the shelf tag for Real Dairy ice cream. In the photo on the right, taken last week at a Toronto Sobeys, the symbol has been removed. (Sobeys/Facebook, Sophia Harris/CBC)

As maple-washing cases mount, Jackson says fed up shoppers are demanding the CFIA crack down hard on grocers that break the rules.

"The public, I think, is probably secretly furious about misrepresentation, especially when it comes to made in Canada claims," he said.

"I do believe they expect higher fines, more enforcement."

However, fines for maple washing have been rare.

Since the start of 2025, the CFIA has identified 127 cases where retailers promoted imported food as Canadian. But so far, the agency has issued only two fines — the ones handed out to the Loblaw stores.
No fines for big grocers that promoted imported food as Canadian
California walnuts promoted as Canadian

The lack of penalties is disappointing for Steve Palmer. Over the past year, he's filed eight complaints with the CFIA about maple washing at one Loblaw store and two Sobeys-owned locations in southwest Nova Scotia.

"I am horrified with the length of time this has gone on that there's not a fine," said Palmer, a retired large-animal veterinarian.

His complaints include Egyptian oranges promoted at a Loblaw-owned Superstore with a "Product of Canada" claim and a red maple symbol, and California walnuts displayed with the same symbol at a Sobeys.

"There is nothing Canadian about these," said Palmer, holding a container of the walnuts, which states they're from California.

"I do want the fraudulent labelling to stop."

Palmer holds a container of walnuts he bought at a Sobeys store in Nova Scotia. The container says the nuts are from California, but Palmer discovered them promoted in a Sobeys store last year with a red maple leaf symbol. (Dave Laughlin/CBC News)

According to email correspondence between Palmer and the CFIA, both the orange and nut issues have been resolved, but a CFIA inspector had to follow-up at least twice with the Sobeys store to get action.

Palmer says a lack of enforcement signals to retailers that they can ignore labelling rules with little consequence.

The CFIA is telling grocers, "'Don't worry, just go ahead and do it, and eventually we might say stop,'" he said.
Loblaw gets warnings for mislabelled veggies

Federal regulations state that food labels and in-store signage must be accurate and not misleading.

On Tuesday, CFIA spokesperson Patrick Girard told CBC News in an email that the agency issues fines based on a "range of considerations," including the degree of risk and possible harm and the track record of the offender.

In January, the CFIA handed $10,000 fines to two Toronto-based, Loblaw-owned stores — a Superstore and a Fortinos — for misrepresenting foreign food as Canadian.
MarketplaceThink you're buying Canadian at the grocery store? That product may actually be from the U.S.

In February, the CFIA issued warnings but no fines to two other Loblaw-owned stores, a Dominion in Newfoundland and Labrador and a Superstore in Nova Scotia.

At the Superstore, Mexican bell peppers were promoted with signage that read, "grown in Canada from your farmers." Green onions grown in California were also promoted as domestic.

At the Dominion store, President's Choice cocktail tomatoes from the U.S. were displayed with a maple leaf symbol and a "product of Canada" claim.
WATCH | Some foods might seem Canadian, even if they aren't:
Loblaw apologizes

Under federal rules, "product of Canada" means the food item is entirely or almost entirely produced within the country.

"It seems like they're going backwards," Jackson said of the CFIA's decision to hand out warnings rather than fines.

The CFIA said that fines are issued on a case-by-case basis and "can result in different enforcement outcomes" for similar violations.

The agency said fines are just one enforcement tool, along with education and business licence suspensions.

Loblaw said in an email that it's committed to accurate labelling, but that the task can be challenging when dealing with mass inventory from constantly changing suppliers.

Canada's largest grocer apologized for the mislabelled food, saying it's reinforcing store procedures "to help prevent this from happening again."
What about higher fines?

Shoppers like Palmer are calling for tougher enforcement. However, under the Safe Food for Canadians Act, the maximum penalty the CFIA can issue is $15,000 per violation.

By contrast, businesses face fines of up to $10 million under Canada's Competition Act — sometimes more — for a first offence of misleading advertising.
CBC InvestigatesCBC investigation finds grocers Loblaw, Sobeys overcharging for underweight meat — again

"I would very much appreciate CBC reaching out and publicly asking the Competition Bureau to explain why maple washing is not being investigated and enforced under the Competition Act," Palmer said.

CBC did just that. Spokesperson Marianne Blondin responded in an email that the bureau "can" become involved in such cases. However, she didn't directly answer a question about why it doesn't appear to be involved in current maple-washing cases.

She did, however, note that not all the Competition Bureau's work is made public.

Blodin encouraged Canadians to file a complaint with the Competition Bureau if they uncover misleading advertising.

Shoppers can also submit one to the CFIA — if it's food-related.

ABOUT THE AUTHOR


Sophia Harris

Business Reporter

Based in Toronto, Sophia Harris covers consumer and business for CBC News web, radio and TV. She previously worked as a CBC videojournalist in the Maritimes, where she won an Atlantic Journalism Award for her work. Got a story idea? Contact: sophia.harris@cbc.ca

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