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Even by the standards of his Melbourne theatrics, encompassing 10 titles and one lurid deportation saga, the enlistment of Andy Murray as his coach is a bolt from a clear-blue sky. It counts as the ultimate late-career Hail Mary: will it be the dream move, or will it blow up in their faces? Either way, it promises addictive viewing. Novak Djokovic and Andy Murray were adversaries throughout their careers but did play as teammates at the Laver Cup in 2022. Credit: Getty Images for Laver Cup At first glance, the idea of Murray as Djokovic’s mentor seems a gimmick, the type of stunt that icons pull to amuse themselves in off-season exhibitions. Except this experiment is heavy with consequence, with Djokovic running out of chances at 37 to break a tie with Margaret Court and win a record 25th major title. His decision to tap into Murray’s wisdom in conquering that final frontier is no mere coincidence. Their paths through life are, as he sees it, intertwined. It is not so much the fact that they were born only seven days apart as the sense that each has helped define the other. Who was across the net when Murray won his first major and his first Wimbledon? Djokovic. And who was the opponent when Djokovic completed the career grand slam? Murray. They have a mutual telepathy when it comes to channelling volatile temperament into competitive defiance. Where better to test this shared understanding than Melbourne Park, the place where they contested four finals in five years? You can see why, on paper, the tie-up appeals to both men. Murray needs greater fulfilment than being a gentleman of leisure in the Surrey stockbroker belt, aimlessly hacking his way around Wentworth. Djokovic, on the other hand, requires fresh impetus ahead of potentially his final season, a kindling of the fire as he attempts to surmount the age gap to Jannik Sinner, 23, and Carlos Alcaraz, 21, the two fearless wunderkinds who have usurped him at the summit. The Serb was alarmingly flat in losing to Sinner in this year’s Australian Open semi-finals, as if stunned by the Italian’s power. It is difficult to envisage any such listlessness under Murray’s tutelage. On the contrary, the coach’s likely message is that if Djokovic can turn the tables on the next generation once – as against Alcaraz in the Olympic final – then he can do so again. The doubt is whether Murray can stay calm enough as a sounding board for Djokovic to deliver. His own coaching team required the patience of Job to deal with his mid-match outbursts, as he lacerated them for everything from poor shot selection to not applauding him loudly enough. Djokovic is no saint in this department either: just ask Goran Ivanisevic, whom he berated furiously in Melbourne in January for failing to look at him. Is Murray the type to sit in his box and accept similar treatment with good grace? Not unless he has undergone some Damascene conversion since retiring. Celebrity coaches are hardly novel in these settings. Murray savoured his finest results under Ivan Lendl, the inscrutable eight-time major champion who appeared, even amid the convulsions of the 2013 Wimbledon final, as if he would rather be playing golf back home in Florida. It was Lendl’s poker face that offset his pupil’s histrionics and made the relationship succeed. Murray is, to put it politely, more of an open book. Yes, his tireless encouragement made him a wonderful Davis Cup team-mate. But in the egocentric world of grand slam singles, raw emotion on the sidelines can be a hindrance. Murray needs to suppress his wilder instincts, to recognise that stoicism can be a virtue. Djokovic is paying Murray the most sincere compliment in calling for his counsel. He has little time to waste, and he has reached the stage where he feels his only option in preventing another Sinner-Alcaraz clean sweep at the majors is to lean on his former adversary. Unlike career coaches, Murray understands how to shape matches through sheer force of will. He showed it in Australia only last year, when he was yelping in agony at the back of the court. Making light of his metal hip to frustrate Thanasi Kokkinakis with a series of staggering retrievals, he flipped the match on its head and secured victory at a little past 4am in an almost empty arena. That unquenchable thirst is what he needs to revive in Djokovic. Ever since that Olympic gold in August, Djokovic has lacked his usual intensity, as if realising at some level that he has completed his sport. Murray is the figure who can remind him that there is still more history to write, still more distance to put between him and everybody else. How poetic it would be if it all came together with a record-extending 11th Australian Open triumph. Murray has reason to believe he is cursed in Melbourne: no other player, male or female, has competed in five finals at the same major without winning. He, too, has an itch to scratch, and who better to do it with than his once-implacable rival? The Telegraph, London News, results and expert analysis from the weekend of sport are sent every Monday. Sign up for our Sport newsletter .
An attorney representing the Chicago Board of Education offered a buyout to Pedro Martinez, the embattled chief of Chicago Public Schools, according to sources close to the conversations. The offer, made over the phone earlier this week, came after Martinez retained attorney William J. Quinlan to represent him in an ongoing power struggle with Mayor Brandon Johnson and the Chicago Teachers Union, which has waged a fierce campaign against the chief executive officer as the union negotiates a new contract with the district. Martinez’s contract limits the district’s ability to fire him without cause and could lead to an expensive lawsuit. So far, Martinez has resisted the buyout offer, sources said. With pressure on Martinez ratcheting up, the current six-member school board met Wednesday at CPS’ administrative office in the Grand Boulevard neighborhood to decide key issues that will be addressed at the board’s monthly meeting Dec. 12. Tension over the CEO’s fate could be felt in the auditorium where the meeting was held, overshadowing conversations with board members. “Pedro Martinez intends to honor his contract with the Chicago Public Schools and see that the 325,305 students and parents get the benefit of what they bargained for with him,” William J. Quinlan of the Quinlan Law Firm LLC, Martinez’s attorney, said in a statement to the Tribune. A spokesperson from Cozen O’Connor, the firm representing the school board, did not immediately respond to a request for comment Wednesday. Martinez previously said he declined a request by Johnson to resign and has faced months of pressure from the mayor’s allies who want him to leave or be fired by the board. The point of conflict has been the CEO’s refusal to take out a $300 million high-interest loan that would help pay for a new four-year teachers contract and a pension payment formerly covered by the city. The previous school board resigned in early October amid the conflict and Johnson appointed a new board just days later . At Wednesday’s board meeting, the new six-member board peppered speakers with an unusual amount of questions. At times, members expressed confusion about the raised policies — ranging from boundary requirements for enrollment in district schools to diversity protections and the confirmed location of Velma Thomas Early Childhood Learning Center. The teachers union, which buoyed the mayor to power in 2023, has criticized the CEO’s mishandling of the closures of several charter schools in the Acero charter network in recent weeks. The union’s criticism of the CEO’s handling of the Acero closures remained front and center Wednesday. Holding back tears, parent Norma Gaeta told board members that she’s enrolled her children in Acero’s Sandra Cisneros Elementary School in Brighton Park for more than a decade. Gaeta criticized the charter operator for failing to hold a town hall with parents or offer support to students since announcing the closures. Parents of charter school students attend a Chicago Board of Education meeting on Dec. 4, 2024. (Antonio Perez/Chicago Tribune) “Cisneros is a second home to my family,” she said, crediting the school community with spurring her fifth grade daughter’s academic performance and social and emotional growth. “Please help us save our schools.” Despite a November board resolution that directed Acero representatives to appear, the charter operator was a no-show at Wednesday’s meeting. Board members directly addressed the absence. “What does it take to get someone from Acero to show up and talk to us?” asked board member Michilla “Kyla” Blaise. The district’s portfolio office is continuing to work on solutions, board member Frank Thomas said, addressing the multiple Acero families present. “One of the reasons we can’t get Acero to come here is because contracts make people perform. ... When the contract doesn’t have any teeth in it, we can’t make them do much,” Thomas said of CPS’ contract with Acero, in which the district has no legal authority to prevent the charter operator from voluntarily closing its schools. Martinez, who remained stoic for most of the hourslong meeting, nodded his head in agreement. In an emailed statement sent after the meeting, Acero said discussions with CPS to hold a town hall in January are underway and the charter school operator complained that the district didn’t provide Acero with CPS’ proposed solutions before the meeting as promised. “The anticipated closure of seven Acero schools was an extremely painful choice,” the charter operator said, noting it remains open to discussing any solutions with CPS. Teachers contract negotiations bubbled into board conversation Wednesday in a notable way when a member of the Chicago Principals and Administrators Association voiced concerns with the CTU’s contract proposals, adding another union voice to a fray of labor organizations currently displeased with the teachers union. A fault line between CTU and the historically allied Service Employees International Union Local 73, emerged earlier this week . “While I emphasize we respect the work done by our colleagues in CTU, there are several provisions within their contract that present significant challenges for principals and assistant principals,” Kia Banks, CPAA’s chief of staff, said at Wednesday’s meeting. The meeting came on the heels of CTU’s release of a “road map” to reaching a collective bargaining agreement — and followed a directive to “expedite” the contract that board members appointed by Johnson sent Martinez earlier this month. A CPS spokesperson said Tuesday that while the district remains committed to bargaining in good faith, it does not expect its projected $10 billion cost of meeting the teachers’ demands to substantially decrease based on CTU’s updated priorities. The union criticized CPS’ figure as inaccurate, but its road map doesn’t provide an alternative estimate, the district spokesperson said. As CPS faces an approximately $500 million deficit in each of the next five years, raises remain unresolved, among other key demands. Following CPS’ offer of 4% to 5% raises in the fall, the union recently countered with a 5% to 6% ask, down from the CTU’s initial demand of 9%. Chicago Board of Education members attend a meeting on Dec. 4, 2024. (Antonio Perez/Chicago Tribune) The counterproposal and other “must-haves” in CTU’s road map represent “reasonable movement to settlement,” board Vice President Mary Gardner said, asking the CEO to explain how he’s working toward a resolution. Martinez hinted that updates would be discussed in Wednesday’s closed session. “I am cautiously optimistic there’s more urgency now for us to actually get counter-proposals (that) we’re in the process of analyzing now,” he said. The next fact-finding stage of mediation is scheduled to occur this month, with a report anticipated at the end of January. CTU aims to settle the contract “not in weeks, not in months, but now,” the union’s financial secretary, Maria Moreno, said at the meeting Wednesday. Gardner hammered that point home. “We do not want a strike. Period. We don’t want that,” she said, before adjourning the public portion of the meeting. Any decision on Martinez’s fate would be made in the closed session. For weeks, all current board members have refused to comment. In mid-November, the newly appointed school board retained the outside law firm Cozen O’Connor, a move that hinted at the beginnings of the process of firing Martinez. At the time, George F. Galland, an employment lawyer at Miner, Barnhill & Galland PC, said the board was likely looking for “cause” to fire Martinez, because it would save the district money. Quinlan, Martinez’s lawyer, acted as general counsel to the state of Illinois appointed by former Gov. Rod Blagojevich, and has been working with the CPS chief for about two weeks, Tribune sources confirmed. Quinlan’s father, also a lawyer, was chief counsel for three Chicago mayors. His uncle was the Cook County Board president and prosecuted James Wright, former speaker of the U.S. House of Representatives. The board can terminate Martinez’s employment contract — which expires in June 2026 — in two ways. By firing Martinez “for cause,” according to the contract, the board would have to cite misconduct or criminal activity, incompetence in the performance of job duties, fraud or other wrongdoing. In addition, Martinez would not be eligible for severance pay. Martinez’s contract allows him the option to pursue a wrongful termination lawsuit. If the board fires Martinez “without cause,” the CEO can remain in his position for 180 days and will receive 20 weeks of his base salary of $340,000 in 2022, according to public records.
NEW YORK , Dec. 9, 2024 /PRNewswire/ -- To transform the landscape of algorithmic trading, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced the launch of an innovative AI-powered algorithm insights service for NYFIX. Driven by real-time liquidity mapping, the service is designed to empower asset managers, hedge funds, and other buy-side firms to achieve unprecedented accuracy, seamless workflow integration, and proven cost-efficiency. "Algo traders will now have a quantitative, data-driven service to power critical trading decisions," said George Rosenberger, Head of NYFIX, Broadridge Trading and Connectivity Solutions. "By harnessing the power of AI and historical insights, we're giving our clients the tools they need to navigate complex markets with greater precision and confidence. This innovative solution not only optimizes trading strategies, but also reduces costs, making it an invaluable asset for the buy-side." This is the first and only solution of its kind, using advanced AI to leverage public and private data to understand the liquidity landscape, particularly potential dark fill location. This approach identifies the ideal algorithmic execution for any given order, reducing outliers to improve overall trading costs. Traders benefit from real-time alerts and in-trade analysis, allowing for in-flight adjustments to stay aligned with their objectives, ensuring optimal strategy selection throughout the trading process. The NYFIX service was developed based on decades of proven research from Jeff Alexander and Linda Giordano , whose pioneering work at Babelfish Analytics established the standard for understanding routing dynamics, analyzing venue liquidity, and optimizing algorithm selection. This collaboration brings together unique and proprietary trader-focused insights with the trusted and transformational technological capabilities and extensive distribution capacity of Broadridge, creating a powerful service to enhance the trader's ability to improve performance. Available to NYFIX Order Routing customers in the U.S. equities market, the solution's framework is built to expand rapidly across other asset classes and regions, with future plans to extend access to clients on other Order Routing Networks. About Broadridge Broadridge Financial Solutions (NYSE: BR), is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. Our technology and operations platforms underpin the daily trading of more than $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries. For more information about us, please visit www.broadridge.com . Broadridge Contacts: Investors: Edings Thibault Head of Investor Relations, Broadridge broadridgeir@broadridge.com Media: Gregg Rosenberg Global Head of Corporate Communications Gregg.Rosenberg@broadridge.com View original content to download multimedia: https://www.prnewswire.com/news-releases/broadridge-announces-first-of-its-kind-ai-powered-algorithm-insights-service-302326596.html SOURCE Broadridge Financial Solutions, Inc.
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