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Hornets sign free agent point guard Lin

(Reuters) – The Charlotte Hornets have signed free agent point guard Jeremy Lin, the first American of Chinese or Taiwanese descent to play in the National Basketball Association, the team said Thursday. Lin, 26, is a five-year NBA veteran, having played with the Golden State Warriors, New York Knicks, Houston Rockets and Los Angeles Lakers. He has career averages of 11.7 points, 4.8 assists, 2.6 rebounds and 1.3 steals. “He

IMF lowers global growth forecasts, cites U.S. weakness

The International Monetary Fund on Thursday trimmed its forecast for global economic growth for this year to take into account the impact of recent weakness in the United States. In an update to its World Economic Outlook report, the IMF said the global economy should expand 3.3 percent this year, 0.2 percentage point below what it predicted in April. Growth should speed up to 3.8 percent next year, it said,

Kershaw strikes out 13 in shutout, Dodgers beat Phillies 5-0 (Yahoo Sports)

After his peers left him off the NL All-Star team, Clayton Kershaw made a strong case for fans to vote him into the game by striking out a season-high 13 in an eight-hit shutout during his last outing before the break. The left-hander snapped a five-start winless streak, and Jimmy Rollins hit a three-run homer against his former club to help the Los Angeles Dodgers beat the Philadelphia Phillies 5-0

Olesen takes early lead in Scottish Open golf

Denmark’s Thorbjorn Olesen hit a seven under par 63 at the Scottish Open on Thursday as top stars focused on preparing for next week’s Open Championship at St Andrews. Olesen claimed the early clubhouse lead on the Gullane composite links course in East Lothian, hosting the tournament for the first time. In with 65s were American world number 12 Jimmy Walker, Adrian Otaegui of Spain and Matthew Nixon of England.