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College Football Playoff: 9 teams are still alive

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The latest College Football Playoff ranking is out and the top four are unchanged, with Clemson and Alabama still holding on to the top spots, followed by Oklahoma and Iowa. Meanwhile, with conference championship games looming, five other teams still have a shot to make it into the playoff.

Over at FiveThirtyEight, Nate Silver's model has simulated the rest of the season thousands of times and thanks to no title game in the Big 12, Oklahoma now has a 99% chance (up from 64% a week ago) to take one of the four playoff spots. Alabama, who will play Florida in the SEC championship game, is next at 79%.

Meanwhile, Iowa (40%) and Michigan State (61%) will face off in the Big Ten title game, which is now effectively a play-in game for the playoff, with Silver giving the Spartans the edge. To a lesser extent, Clemson (77%) and North Carolina (14%), meeting in the ACC championship game, may also be a play-in game if the Tar Heels can do enough to impress the committee.

Here are the nine schools still alive and their chances to be one of the four teams selected for the playoffs.

College Football Playoff

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NOW WATCH: WHERE ARE THEY NOW? The biggest NFL Draft busts ever











ESPN analyst and former NBA player Jalen Rose explains why the NBA may never see another player like Kobe Bryant

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kobe bryantAfter Kobe Bryant announced his retirement over the weekend, the NBA has seen an outpouring of love for one of the all-time great players.

The Kobe Farewell Tour is already off and running, beginning Tuesday night with an ovation in Philadelphia— a crowd that usually boos him.

Other players, coaches, and athletes have spoken out about Kobe's career and importance, showing the overall impact he's had on the NBA.

One former player who can attest to that is current ESPN analyst Jalen Rose, who not only played Kobe and the Lakers in the 2000 NBA Finals, but was also on the wrong end of Kobe's 81-point explosion.

"I'm like everybody else: I'm just celebrating the end of an era," Rose said of Kobe's retirement in a phone interview with Business Insider.

Rose indeed believes it is the end of an era, as Kobe's retirement officially passes the torch to the next generation of superstars.

"Is he last greatest superstar that came truly before the social media, before LeBron [James], before [Dwyane] Wade, and was just consumed with basketball?" Rose pondered. "Like, Kobe was obsessed with the game of basketball."

Rose explained that when Kobe scored 81 points, it wasn't the final stat line that was most impressive, but the way he did it.

"The day he scored 81 points — people are gonna look at the box score, but if you look at his greatest plays in his history, none of the plays from that game are gonna be on there. What made that game great is the zone he was in, the discipline he continued to exude, the stamina, consistency that he had. And he never talked trash, he never pumped his chest, he never got out of character. He was like a man amongst boys.

"I would say a lot more young players could be that way," Rose continued. "Because we do live in an era where you're down three touchdowns with a minute to go in the game, and you’re doing a touchdown celebration."

kobe jalen rose

Rose humorously found a comparison to Kobe's demeanor and work ethic, saying he approaches his work like Dr. Dre and Eminem.

"Where are they? They’re billionaires, they have radio stations, they have movies, they have all these things, but you never see them. They’re so in love with their craft."

Kobe's retirement also cements the end of an era to Rose because the game changed around Kobe. He explained that when Kobe hit his prime, there was more isolation basketball and more players taking 20 shots per game and scoring 20 points per game.

"Now the game is more pace-and-space, five-man basketball," Rose said. "It's an era of resting healthy players; he missed that era."

Rose, however, is not sad about Kobe leaving the NBA — it's part of a natural progression he's seen before.

"It's just like when [Michael Jordan] left," Rose said. "A lot of people were wondering what was gonna happen with the league and if he was gonna leave it in good hands. Well, he did it with Tim Duncan, Kobe, Shaq, Dwyane Wade, LeBron James. And now you see a new era being ushered by Steph Curry, Russell Westbrook, Kevin Durant, and Anthony Davis."

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NOW WATCH: How Kobe Bryant spends his millions










This is why the Golden State Warriors are so hard to beat

Philadelphia 76ers suspend star rookie Jahlil Okafor for 2 games after string of troubling behavior

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jahlil okafor

The Philadelphia 76ers announced Wednesday night that they have suspended third-overall pick Jahlil Okafor for two games.

The move comes after a video surfaced on Wednesday of Okafor fighting a fan in Boston last week.

It was the second such incident Okafor got into while in Boston.

It also comes after a string of troubling behavior over the past month. After news of Okafor's first fight in Boston broke, another report said Okafor had gotten into a heated disagreement at a club and had a gun pulled on him. He also was recently pulled over for driving 108 miles per hour over the Ben Franklin Bridge in Philadelphia.

A report earlier this week said Okafor was going to be accompanied by a security guard from now on to avoid these situations.

Okafor is 19, and while he's had some off-court issues, he's been productive on the court, averaging 17 points and 8 rebounds per game for the 1-19 76ers.

The 76ers released a statement:

Okafor's first game of the suspension will come Wednesday night against the Knicks. 

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Why the world's top goal scorer, Abby Wambach, gets pissed when she reflects on her career

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Abby Wambach

For 30 years, Abby Wambach's focus was on soccer, eating right, and staying fit. 

Now that the leading goal scorer in the world — for both men and women — is retiring, Wambach is starting to look back on her career and there's one thing that stands out: the gender pay gap. 

"The minute I announced my retirement, I started to reflect on my career," Wambach said onstage at the Fortune Most Powerful Women Next Gen Summit.

"And I got pissed because I look to my counterparts across the aisle — résumes aside, the Ronaldos, the Messis, and the Landon Donovans get to leave the sport battered and bruised and not have to worry about what they're going to do next."

The gender pay gap in sports is both startling and well-documented. The U.S. women's World Cup team that won made $2 million, split among all the players. In contrast, the men's team from Germany made $35 million. The U.S. men's team that got knocked out in the round of 16 made $9 million.

Looking at the total payouts, the men's teams were rewarded $576 million. The women's teams made only $15 million.

"Enough is enough," Wambach said of the pay gap. "We have to stop allowing this to happen. If I have to be the face of it, that's fine. But it has to, has to, has to stop."

Some argue that the pay gap is fair. Simply, women's sports generate less revenue and female soccer players are paid less as a result. While the US women's World Cup match was the most-watched match in the history of US soccer, it only generated $17 million in ads. ESPN's broadcasting of the World Cup, in contrast, netted the company $529 million in sponsorship revenue, according to the Washington Post.

To Wambach, the pay gap is unacceptable regardless. There has to be a way to change it — whether it's a law or a movement or both, she said. Her goal after retirement is to change the world, and she say she's not scared of saying it.

"The reality is, as Alyssa Milano said earlier, one moment can literally create a movement," Wambach said. "I think for me, my moment was realizing that I accepted being paid and being treated unequally the entirety of my career. And I'm going to make that different. I'm going to make that different for the next generation."

 

SEE ALSO: Here's why it's fair that female athletes make less than men

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The 3 plays in sports everybody will be talking about today

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Good morning! Here are the plays everybody will be talking about Thursday morning.

Grayson Allen shows that scorers just know how to score. Allen, a sophomore guard at Duke, entered the night averaging 24.5 points per game but had just eight points in the first half Wednesday night against Indiana. But it was the final two points of the half that had Dick Vitale unleashing an, "Are you serious!" With the clock winding down in the half, Allen split two defenders, lost his balance, and still managed to somehow chuck up a shot, off the backboard, and in. Duke went on to win 94-74. 

Stephen Curry went 20 and 40 again. On the night that the Charlotte Hornets honored Dell Curry, the organization's all-time leader in points and games played, it was his son, Stephen Curry, who stole the show. Curry dropped 40 points on the Hornets, his sixth time reaching the 40-point mark this season (he did it three times last season) and he didn't even play in the fourth quarter. He also scored 28 points in the third quarter, his fifth time eclipsing 20 points in a quarter this season (nobody had more than four last season). He scored the final 24 points in the quarter, and the Warriors won 116-99. Here are the final three in the amazing third quarter. The distance and the confidence of this shot is just ridiculous.

Kobe is back! OK, maybe Kobe is not back, but he did find the Fountain of Youth for one night, taking over the game in the final 60 seconds and delivering a win. The first shot came with the Lakers down one when Kobe took the ball one-on-one and drained a jump shot. Then, after the Wizards had tied the game, Kobe delivered again, giving the Lakers a 103-101 lead. It was vintage Kobe as the Lakers went on to win 108-104.

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NOW WATCH: The origins of the world’s strangest sports traditions










BYU freshman facing suspension for throwing an ugly sucker-punch

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 12 3 2015 8 03 05 AM

BYU freshman guard Nick Emery was ejected after throwing an ugly sucker-punch at a Utah player on Wednesday night.

Emery, who was playing just his fifth game after serving a 2-year Mormon mission, was moving into position for a rebound when he punched a Utah player in the face. He then stared down and taunted the player.

The Utah player who was punched, Brandon Taylor, told the media after the game that Emery said something "very foul."

None of the officials saw the punch live, but after Taylor got up, you can see him tell the officials to go look at the replay. They did, and Emery was ejected.

Emery was averaging 21.7 points per game in the three games prior to the one against Utah. While a suspension hasn't been announced yet, it is coming, and it will come just as he was starting what looked like a good college career.

Utah won the game 83-75.

Here is the full video, via ESPN.

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NOW WATCH: WHERE ARE THEY NOW? The biggest NBA Draft busts of all time










Charlotte Hornets player has hilarious reaction when he sees he left Stephen Curry open

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steph curry

The Golden State Warriors continue rolling, now 20-0 after a 116-99 win over the Charlotte Hornets.

Stephen Curry also kept rolling, playing in front of a friendly crowd in his home state of North Carolina, Curry dropped 40 points, including 28 in the third quarter.

This made it a long night for Kemba Walker, the Hornets guard tasked with guarding Curry.

Defending Steph is a challenge for anybody, and when he gets on a roll as he did in the third quarter, there's only so much somebody can do.

SportsCenter caught a hilarious moment where Walker thought he finally caught a break, only to have it all unravel. After the Hornets forced Curry to give up the ball to an open Draymond Green, Green missed the three-pointer. However, Warriors center Andrew Bogut tapped the ball back out to, you guessed, it an open Steph Curry in the corner for three.

Walker's reaction says it all when he realized Curry was wide open:

Walker was clearly frustrated, thinking the Hornets finally got a stop, only to realize their best player was wide open for one of the most efficient shots in basketball.

Curry wasn't done, of course. He capped off the quarter with a rainbow three, right in Walker's face.

At least Walker can take solace in the fact that he's not alone in the struggle to contain Curry. 

Steph didn't even have to play the fourth quarter because of the Warriors' lead.

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NOW WATCH: This is why the Golden State Warriors are so hard to beat











Virus levels at Brazil's 2016 Olympic venues are comparable to those in "raw sewage"

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Athletes competing in the 2016 Olympics will be battling more than just each other. With only months to go, Rio's venues are still a hazard.

A new report from the Associated Press reveals that the water pollution in Rio de Janeiro's 2016 Olympic venues is a lot worse than previously believed — a whopping 1.7 million times a safe level.

Tests showed that the virus levels in waters that will host events like sailing, canoeing, and rowing are dangerously high. In August, a German rower contracted a flesh-eating disease while competing in Guanabara Bay, and 38 others got sick. Now, Olympians are planning to go to great lengths to keep themselves from getting sick during a competition.

Jarring video of the venues shows what these athletes will be up against.

Story by Tony Manfred and editing by Kristen Griffin

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SEE ALSO: Why cars in China suddenly started levitating

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Tiger Woods reveals that he has already accepted that he may never play again

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Tiger Woods

We may have already seen the end of Tiger Woods' career on the golf course.

Earlier this week, Tiger Woods spoke to the media and gave one of the most depressing interviews ever, when he said there was no timetable for returning to competition following his latest back surgery. Now, in a new interview with Lorne Rubenstein of Time, Woods indicates that there is a real possibility that he will never return to the PGA Tour.

Woods was first asked about not having a timetable to return from this injury and brings up the possibility that he may be done as a professional golfer.

"I know that, one, I don’t want to have another procedure," Woods said. "And two, even if I don’t come back and I don’t play again, I still want to have a quality of life with my kids. I started to lose that with the other surgeries."

But then Woods took it a step further when Rubenstein asked Tiger if he would be OK with never playing again. Woods makes it clear that he has already accepted that never playing again is a possibility and that he is fine with it because his kids are so important to him.

Tiger Woods

On the one hand, it is good to hear that Woods is still hoping to come back. It is also good that Woods is at peace with where his career is right now and that there is a real possibility that it is over. On the other hand, most golf fans are not, and to hear Woods talk about the stark reality and that we may never again see him stalking the leaderboard while wearing red on a Sunday, is sad.

Hopefully we will see him again, but it is time to start bracing ourselves for the possibility that he is indeed done.

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NOW WATCH: This is why the Golden State Warriors are so hard to beat










Ben Simmons — the freshman that's dominating college basketball — has one glaring weakness, and it might not even matter

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ben simmons

LSU freshman Ben Simmons has dominated the first seven games of his college career, leaving the NBA drooling.

While LSU is only 4-3, Simmons has been arguably college hoops' top player, or at least the most notable.

At 6-foot-10, just 19 years old, Simmons has the height of a big man, the athleticism of a wing player, and the ball-handling of a guard. He's averaging 20 points, 14 rebounds, and 6 assists per game while shooting 54% from the field.

On Wednesday night, Simmons flashed more of his potential, scoring 43 points on 15-20 shooting, with 14 rebounds, 7 assists, 5 steals, and 3 blocks, leading LSU to a 119-108 win over North Florida. These are video game numbers, the type of stats LSU hasn't seen since Shaquille O'Neal played there over 20 years ago.

Except Simmons' game, for all of its versatility, is lacking something major — shooting.

Simmons' jump shot is by far his biggest weakness. He's only attempted two three-pointers all season (making one), and defenses simply sag off of him on the perimeter, daring him to shoot.

Perhaps the most exceptional part of Simmons' game so far is that it doesn't seem to matter. Here's a look at Simmons' shot chart from his 43-point explosion Wednesday night:

Simmons didn't make a single shot outside of the paint, yet he managed a dominant (and efficient) scoring performance. Against North Florida, Simmons used his height to post up defenders for easy baskets.

ben simmons post up 

Other times, he faced up, beat defenders with his quickness, and got into the paint:

Ben Simmons face up

This is the amazing thing about Simmons — he's so versatile that he can choose how he wants to attack, despite the lack of a threatening jump shot. That he's so good with the ball also makes these types of plays an option:

ben simmons dunk 1

If Simmons is having trouble breaking down defenses off the dribble, he has the ability to work off of the ball for shots, as he did Wednesday night. This is a huge revelation because it shows Simmons may not be entirely ball-dominant, which could be a weakness when he hits the NBA and can't always have the ball in his hands.

It seems as though Simmons is showing something new every game, and it's hard not to be excited about what he could turn into as he fully develops all of his skills.

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NOW WATCH: This is why the Golden State Warriors are so hard to beat










Tiger Woods told a scary story about just how bad his back injury was

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Tiger Woods

It may be a while before we see Tiger Woods on a golf course again. In September, Woods announced that he'd undergone yet another surgery on his back, and earlier this week, in the lead-up to the Hero World Challenge (a tournament Woods hosts),he gave a dejected interview about the status of his health.

"There is no timetable," he said of his return.

He hasn't even been able to start rehabbing. "I walk. I walk. And I walk some more," he said.

On Thursday, Time published a long interview between Woods and veteran golf writer Lorne Rubenstein. In it, Woods speaks with unusual candor, opening up about his current relationship with his ex-wife, details of their divorce, and why things didn't work out with now ex-girlfriend Lindsey Vonn. The whole interview is fascinating, and well worth reading in its entirety.

But focusing on golf for a moment, Woods also revealed just how bad his back has been over the past few years. One anecdote in particular helps provide some context for his interview from the Hero World Challenge:

I’ll never forget when I really hurt my back and it was close to being done, I was practicing out back at my house. I hit a flop shot over the bunker, and it just hit the nerve. And I was down. I didn’t bring my cell phone. I was out there practicing and I end up on the ground and I couldn’t call anybody and I couldn’t move. Well, thank God my daughter’s a daddy’s girl and she always wants to hang out. She came out and said, “Daddy, what are you doing lying on the ground?” I said, “Sam, thank goodness you’re here. Can you go tell the guys inside to try and get the cart out, to help me back up?” She says, “What’s wrong?” I said, “My back’s not doing very good.” She says, “Again?” I say, “Yes, again, Sam. Can you please go get those guys?”

It's no wonder, then, that Woods is taking this recovery as slowly as possible. He turns 40 at the end of this month. In order to fully recover — just so that he doesn't keel over on the middle of the golf course, let alone be able to compete — it's going to take a while.

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NOW WATCH: Meet the man who made "multiple six figures" in 5 days — playing daily fantasy sports










New FIFA arrests highlight its mass corruption, perfectly encapsulated by this one event in World Cup history

Chart shows just how dominating Stephen Curry has been this season

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On Wednesday night, Stephen Curry had another incredible game, scoring 40 points for the sixth time in 20 games, including 28 in the third quarter, his fifth 20-point quarter this season.

Clearly Curry is having another MVP season, leading the league in scoring at 32.0 points per game for a 20-0 team. But it is when he is racking up those points that shows just how dominant he has been this season. Curry scored his 40 points on Wednesday without playing at all in the fourth quarter.

This season, Curry is averaging a whopping 12.1 points per game in the third quarter alone and 26.7 points (83.4% of his total points) in the first three quarters of games. In other words, he would rank 7th in the NBA in scoring if he never played in the fourth quarter. If he kept up that pace in the final quarter, he would be averaging closer to 36 points per game. However, unlike LeBron James, who only scores 67.2% (17.2) of his points in the first three quarters and then becomes more of a scorer in the fourth quarter, the Warriors don't need Curry to score in the fourth quarter because he is so dominant earlier. 

Stephen Curry

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Tiger Woods dispelled one of the most popular theories about his career

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tiger woods

Tiger Woods recently sat down for a sort of tell-all interview with Time's Lorne Rubenstein.

The interview covers a wide range of topics, from Tiger's current rehab, his future in golf, his success, and his personal life.

One particularly interesting segment on his future mentions the goal Tiger has seemingly always been chasing: Jack Nicklaus' 18 major championships.

Woods was once hot on the trail to shatter Nicklaus' record. As his career slowed down, it became a chase to pass it, and now, with Woods' bleak future, it seems almost out of reach (Tiger has 14 majors).

Nonetheless, it's been widely assumed that beating Nicklaus' record is what drove Tiger. He even reportedly had a poster of Nicklaus' 18 majors on his bedroom wall as a kid, perhaps as a way of motivating him. 

However, when speaking to Rubenstein, Woods clarified that the poster wasn't of Nicklaus' 18 majors, and that it didn't serve to motivate him to beat the record, but to constantly achieve feats as he got older.

Rubenstein: You sound like you’re not driven as much by records as we might think. Yet you had Jack’s 18 majors on your bedroom wall as a kid. Is there a misconception about what drives you?
Woods: O.K., here’s the major misconception that people have all gotten wrong. It’s what was posted on my wall, about Jack’s records. It was not the majors, O.K.. There was one on there. It was the first time he broke 40, the first time he broke 80, the first golf tournament he ever won, first time he ever won the state amateur, first time he won the U.S. Amateur, and the first time he won the U.S. Open. That was it. That was the list. It was all age-related. To me, that was important. This guy’s the best out there and the best of all time. If I can beat each age that he did it, then I have a chance at being the best.

Rubenstein: Have you beaten most of those?
Woods: I beat them all. I beat them all. [Note: Woods never did win the California Amateur championship.]

While it is not clear if this is the poster Woods is referring to, an interview with him when he was 14-years old shows that he did indeed have a poster of Nicklaus on his wall, along with several sheets of note paper.

Tiger Woods

Tiger also clarified that while he doesn't want to stop playing golf, he also dearly values time with his children. If he had to choose one or the other, he would choose time with his kids.

Given that Tiger hasn't won a major tournament since 2008, beating Nicklaus' record seems far off. Currently, Tiger doesn't even know when he'll play golf, and it truly sounds like we may have to cope with the idea that he may be a shell of his former self on the course, if he can even get out there at all.

Read the entire interview here >

Join the conversation about this story »

NOW WATCH: The origins of the world’s strangest sports traditions











Jordan Spieth hit a hole-in-one to start golf's most exclusive tournament

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Jordan Spieth hole-in-one

Jordan Spieth got off to a fast start at the Hero World Challenge golf tournament in the Bahamas on Thursday, acing the second hole and nearly slam dunking the 187-yard Par 3. 

Hosted by Tiger Woods, the Hero World Challenge is an exclusive tournament featuring only 18 of the top-ranked golfers in the world. Spieth won the tournament last year and this year wasted little time attacking the Albany Championship course.

Here's the hole-in-one:

On Wednesday, Spieth told PGA.com that he thinks he can play even better in 2016 than he did in 2015, when he won two majors. From PGAtour.com (via The Comeback):

“I can certainly improve in spots of my game,” Spieth said Wednesday from the Hero World Challenge. “I believe I can get better certainly in different specific parts of my game and I can grow mentally as a player as well. I don’t know if it will lead into the same kind of accolades that this year brought forth, but I can certainly finish next season feeling like I’m a better player than I was in 2015, and if that’s the case, wins will fall my way.”

His hole-on-one on Thursday certainly bodes well for the upcoming season.

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NOW WATCH: This is why the Golden State Warriors are so hard to beat










Nate Silver: 80% chance Super Bowl will be won by 1 of these 5 teams

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Tom Brady

After 12 weeks of the NFL season, the New England Patriots are still the heavy favorite to win the Super Bowl.

Using Nate Silver's "2015 NFL Predictions," a model that rates each team and then projects how the regular season and playoffs will play out, we can get a better sense of which teams are the true Super Bowl contenders.

Heading into Week 13, the New England Patriots are still the favorite with a 28% chance to win the Super Bowl, down from 33% a week ago. The Carolina Panthers (20%) are the favorite in the NFC.

In fact, according to Silver's model, there is an 80% chance the Super Bowl will be won by one of the five teams:

  1. New England Patriots, 28%
  2. Carolina Panthers, 20%
  3. Arizona Cardinals, 13%
  4. Denver Broncos, 10%
  5. Cincinnati Bengals, 9%

The Green Bay Packers (5%) are the only other team with more than a 3% chance of lifting the Lombardi Trophy in February.

At the other end of the spectrum, ten teams can be scratched off as playoff contenders with less than a 5% chance of grabbing one of the 12 playoff spots. Those teams are the Chargers, Browns, Titans, 49ers, Ravens, Raiders, Rams, Saints, Jaguars, and Dolphins.

You can see the full projections at FiveThirtyEight.

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NOW WATCH: Curious things most people don’t know about Tom Brady










Rivian says its electric pickup truck and SUV will both have interiors that rival Bentley, Lamborghini, and Lincoln

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Rivian R1S.
Rivian R1S.
  • Rivian wants to create world-class vehicles that have interiors rivaling Lamborghini, Bentley, Lincoln, and Audi, a company exec told WardsAuto.
  • The company's director of crafted quality, Richard Vaughan, said that Rivian is "benchmarking the greatest."
  • The R1T and R1S will officially debut in 2021.
  • Visit Business Insider's homepage for more stories.

Since the cabin of a car is where you spend most of your time throughout the ownership of a car, a nice interior can make a world of difference. EV startup Rivian agrees. It wants to create luxury interiors that will really impress buyers, a company executive told WardsAuto.

The all-electric R1T pickup truck and R1S SUV will be officially introduced next year. When they do, Richard Vaughan, the company's director of crafted quality, told WardsAuto's Steven Finlay that the company is aiming for the top dogs of car interiors — Lamborghini, Bentley, Lincoln, and Audi.

Rivian R1S.
Rivian R1S.

"We're benchmarking the greatest," Vaughan said. "We want to ensure our new vehicles are truly world-class." He added that Rivian wants to become "a world leader in quality."

Anyone who's been in a modern Lamborghini, Bentley, or Lincoln will be used to the sight of quilted leather, high-quality materials, and eye-catching textures. Business Insider recently reported on the lovely quality interior of the Lincoln Aviator

Rivian R1S.
Rivian R1S.

In Rivian products, Vaughan wants "rich textures" to draw the eye, tactile satisfaction gleaned from "solid-feeling haptics" and auditory appeal from "the careful management of sensory cues that consciously and unconsciously communicate a sense of quality," he told WardsAuto.

"Quality planning goes further than understanding what customers want because sometimes they don't know what they want," Vaughan said. 

Rivian R1T.
Rivian R1T.

While we won't see the R1T or the R1S in production capacity until 2021, photos of the vehicles on Rivian's press site show sleek and minimalist interiors. Judging from the photos, the vehicles' interiors exhibit similar design language as their exteriors. 

Rivian R1T.
Rivian R1T.

You can read the full WardsAuto story here.

Read the original article on Business Insider

S&P 500 closes at record high after Fed signals it will keep stimulating the economy

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NYSE Powell Traders
  • The S&P 500 extended record highs on Thursday after Federal Reserve Chair Jerome Powell spoke at this year's virtual Jackson Hole symposium.
  • Powell outlined the central bank's overhauled strategy for controlling inflation and avoiding future crises. He also signaled that the Fed's monetary policy will remain accommodative as it seeks to stimulate the US economy.
  • On the economic-data front, initial jobless claims came in at 1 million for the week that ended on Saturday, in line with consensus estimates.
  • A COVID-19 test produced by Abbott Laboratories received emergency use authorization from the Food and Drug Administration, boosting hopes that wait times for results will shorten. Abbott shares spiked on the news.
  • Oil prices traded lower. West Texas Intermediate crude fell as much as 2.4%, to $42.36 per barrel.
  • Watch major indexes update live here.

The S&P 500 set a new closing record on Thursday, extending its multiday streak, after Federal Reserve Chair Jerome Powell spoke at this year's virtual Jackson Hole symposium. Both the S&P 500 and the Nasdaq composite indexes reached all-time intrday highs shortly after the market open.

Powell outlined the central bank's overhauled strategy for controlling inflation and avoiding future crises. He also signaled that the Fed's monetary policy will remain accommodative as it seeks to stimulate the US economy. Equity futures turned positive as he spoke and opened higher after an overnight sell-off.

Meanwhile, the Dow Jones industrial average erased all post-coronavirus losses at one point on Thursday. The 30-company benchmark has lagged both the S&P 500 and Nasdaq throughout the recent recovery.

Here's where US indexes stood at the 4 p.m. ET market close on Thursday:

Read more: Bank of America shares a trading strategy designed to boost returns from a 'potential blow-off' rally in Apple's stock as it surges past big-tech peers

On the economic-data front, initial jobless claims came in at 1 million for the week that ended on Saturday, in line with consensus estimates. Continuing claims, measuring the sum of Americans receiving unemployment benefits, totaled 14.5 million for the week that ended on August 15, a slight decrease from the prior week.

Abbott Laboratories received emergency use authorization from the Food and Drug Administration on Wednesday. The company, which saw its stock spike as much as 10%, says its test will cost $5 and deliver results in 15 minutes.

Read more: MORGAN STANLEY: Buy these 12 underappreciated stocks that offer strong profit growth and are due for a surge

Spot gold fell as much as 2.3%, to $1,910.13 per ounce. Gold briefly surpassed $2,000 per ounce earlier this month as investors bought the precious metal as an inflation hedge.

Oil prices fell. West Texas Intermediate crude slid as much as 2.4%, to $42.36 per barrel. Brent crude, oil's global benchmark, fell 2.4%, to $44.56, at intraday lows.

Read more: Chris Mayer wrote the book on how to make 100 times your money with a single stock. He gives an in-depth assessment of the latest company that 'checks all my boxes.'

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How to record a Webex video meeting on any type of account

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business woman video chat with team conference call laptop
It's easy to record a Webex meeting if you are the host or alternate host.
  • You can easily record a Webex meeting, though the rules vary depending on what kind of subscription plan you have.
  • A host can record a meeting to the cloud using a paid plan, but free plans only allow recordings to your local computer.
  • On a free plan, you must start and stop recording from the desktop app.  
  • Visit Business Insider's Tech Reference library for more stories.

Webex meetings can be recorded for future reference. This is handy if you need a transcript of a meeting or if some invitees are not able to attend and want to see the meeting at a later time. Your recording options will vary, though, depending on your role and the kind of Webex plan the host is using. 

Understanding Webex recording rules

Webex has two kinds of recording options:

  • Recording a meeting in the cloud: If the host has a paid Webex account, meetings can be recorded and stored in the host's Webex online cloud account. Using a paid account, only the host or alternate host may start recording, and recording can be controlled from the desktop app or the mobile app. If you are an attendee, you should ask the host to record the meeting for you. 
  • Recording a meeting locally, on your computer: Any kind of Webex account, including free ones, may record a meeting directly to a local computer. Only the host, alternate host, or presenter can start recording, and recording can be controlled from the desktop app. If you are an attendee and not a presenter, you should ask the host to record for you.

How to record a Webex meeting

If you have permission to record a meeting – that is, you're a host, alternate host, or presenter, you should see a record button in the toolbar at the bottom of the screen. If the window is large enough, it will be labeled "Record." Otherwise, it'll just appear as a circle to the right of the "Share Content" button. 

1. Click "Record."

How_to_record_a_Webex_meeting 1
The "Record" button is at the bottom of the desktop app.

2. If you are using a paid account, you can now choose whether to record to the cloud or to the computer. If you are using a free account, you will only see a folder dialog to choose where to save the recording file.

3. Choose a destination and click "Save."

4. The "Recorder" pop-up will appear. You can use it to pause or stop the recording. To hide or unhide the pop-up, click the "Record" button. 

How_to_record_a_Webex_meeting 2
Use the pop-up to control your recording.

Related coverage from Tech Reference:

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