MINNEAPOLIS — Minnesota Timberwolves star Anthony Edwards is navigating a left knee hyperextension and bone bruise that has sidelined him for key playoff games, with the team listing him as week-to-week as of late April 2026. The injury, sustained in Game 4 against the Denver Nuggets, has raised questions about his return timeline and the protocol he is following during recovery.
Edwards went down awkwardly while contesting a shot in the first half of Minnesota’s victory, buckling his left knee backward in a non-contact play that immediately drew concern from medical staff and teammates. Initial imaging ruled out ligament damage — a significant relief — but confirmed the bone bruise and hyperextension that typically require careful management to avoid long-term complications.
The Timberwolves have placed Edwards on a structured return-to-play protocol common for such injuries. This involves rest, inflammation control through ice and compression, followed by progressive physical therapy focusing on range of motion, strength building and sport-specific movements. Bone bruises heal gradually as the bone marrow swelling subsides, often taking two to four weeks depending on severity. Edwards is reportedly ahead of conservative timelines in some aspects, but the team remains cautious given the high-stakes playoff environment.
Team officials described the protocol as individualized, incorporating daily monitoring, imaging follow-ups and functional testing before clearing Edwards for on-court activities. Coach Chris Finch noted optimism, stating that extending the series could align with Edwards’ recovery curve, potentially allowing a return in later rounds if Minnesota advances. However, the immediate focus remains on Game 5 and beyond without their leading scorer.
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The injury adds to a challenging postseason for the Timberwolves, who also lost guard Donte DiVincenzo to a season-ending Achilles tear in the same game. Edwards, averaging around 28 points per game in the regular season, has been central to Minnesota’s offensive identity with his explosive scoring, playmaking and defensive energy. His absence forces adjustments, with players like Julius Randle, Anthony Edwards’ teammates stepping into larger roles.
Medical experts explain that knee hyperextensions stress the posterior structures while bone bruises — essentially microfractures or bleeding in the bone — cause pain and limited mobility. Recovery protocols typically progress through phases: acute protection, subacute strengthening, and functional return. Edwards likely works with trainers on quadriceps activation, hamstring balance and proprioception drills to stabilize the joint. Anti-inflammatory measures and possibly regenerative treatments accelerate healing without risking re-injury.
Timberwolves fans and analysts express mixed emotions. While Edwards’ toughness suggests he may push for an earlier return, medical best practices prioritize long-term health over short-term heroics. A premature comeback could exacerbate the bruise, leading to extended time lost or compensatory injuries elsewhere. The organization has emphasized patience, aligning with NBA trends toward conservative management of star players.
This marks another chapter in Edwards’ injury history, following earlier knee soreness that sidelined him for games in March. At 24 years old, the dynamic guard’s durability will be scrutinized as he enters his prime. His explosiveness — a hallmark of his game — relies on healthy knees, making proper rehabilitation essential for sustained superstar performance.
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Playoff implications are significant. Minnesota led the Nuggets series 3-1 before Edwards’ injury, but without him, advancing becomes a steeper climb. Edwards’ gravity as a scorer opens driving lanes and shooting opportunities for teammates. His defensive versatility helps contain stars like Nikola Jokic. Replacement production has been solid but inconsistent, highlighting the challenge of replacing an All-Star’s output.
Broader NBA context shows similar injuries sidelining players for varying durations. Bone bruises in high-profile athletes often resolve within two to six weeks with modern protocols, including blood flow restriction training, platelet-rich plasma injections or hyperbaric therapy in some cases. Edwards’ youth and conditioning provide advantages, potentially shortening his timeline compared to older players.
Fan discussions on social media reflect concern mixed with hope. Many reference Edwards’ history of bouncing back quickly, citing his work ethic and competitive drive. Others urge caution, pointing to examples where stars rushed returns only to face setbacks. The Timberwolves’ medical staff, known for thoroughness, will guide decisions based on objective measures like swelling reduction, strength symmetry and pain-free movement.
Looking ahead, Edwards’ return could energize a deep playoff run if Minnesota survives the first round. The Western Conference remains competitive, with strong teams awaiting. A healthy Edwards elevates the Timberwolves’ ceiling as contenders, blending athleticism with growing leadership. Offseason training focused on knee resilience may become a priority regardless of this series outcome.
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In the interim, the Timberwolves lean on depth and defensive intensity. Finch has praised the group’s resilience, but acknowledges Edwards’ unique impact. Updates will continue as testing and practice participation provide clearer pictures. For now, the protocol emphasizes healing over haste, a prudent approach for a franchise building around its young star.
Edwards himself has remained positive in public statements, focusing on supporting teammates from the sideline while preparing for his comeback. His presence in the locker room and on the bench provides intangible value during this challenging stretch. As the NBA postseason unfolds, all eyes remain on his recovery progress and potential return date.
The sports medicine community continues advancing treatments for knee injuries, offering hope for faster, stronger returns. Edwards benefits from top-tier care, positioning him well for full recovery and future dominance. For Timberwolves fans, the wait tests patience but promises a more explosive Ant-Man upon return.
White House senior counselor for trade and manufacturing Peter Navarro discusses the major boost in tax refunds from President Donald Trump’s ‘big, beautiful bill’ on ‘Kudlow.’
The IRS’ taxpayer advocate issued a notice that tens of millions of American taxpayers may be entitled to refunds or reduced penalties and interest due to the postponement of filing deadlines during the COVID-19 emergency declaration.
The National Taxpayer Advocate said in a post on Thursday that refunds or abatements may be available to tens of millions of taxpayers for penalties and interest that were assessed by the IRS during the 3.5-year COVID disaster declaration period.
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It explained that the issue has arisen due to recent court decisions, including a ruling in what’s known as the Kwong case that the tax code’s handling of federal disaster declarations meant that filing and payment deadlines were postponed throughout the period from Jan. 20, 2020, through May 11, 2023.
The taxpayer advocate noted that the Justice Department may appeal the decision, but the relief compelled by the ruling isn’t automatic and affected taxpayers must file their refund claims by July 10, 2026.
Tens of millions of taxpayers may be owed refunds or lower abatement due to the court ruling, but they face a summer filing deadline to receive them. (iStock)
“Because of the infrequency of a disaster lasting this long, most taxpayers, even most tax professionals, did not foresee that filing deadlines and payments deadlines would be postponed for this long and that return filings and payments would not be considered late and therefore not subject to penalties and interest. But that is the logical extension of what the court ruled,” the National Taxpayer Advocate wrote.
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They went on to warn that barring further action by the IRS or Congress to make sure that all taxpayers impacted by the ruling get what they’re owed, such taxpayers face a fast-approaching deadline to file their claims.
Taxpayers will need to submit claims by a paper form ahead of the deadline, barring changes to the IRS’ process. (Jordan Vonderhaar/Bloomberg via Getty Images)
“Unless the IRS or Congress acts to ensure all affected taxpayers will receive refunds if the Kwong decision is upheld, taxpayers seeking refunds for penalties and interest they paid relating to that period will, in most cases, need to file claims by July 10, 2026,” the advocate explained.
“At the risk of repetition, my overriding goal is to get the word out to as many taxpayers as possible and to avoid disparate results between the ‘well advised’ and the unaware,’” they said.
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The taxpayer advocate said that affected taxpayers may be entitled to a refund or abatement of amounts assessed during the COVID period for:
Penalties assessed for failure to file timely returns, failure to pay taxes, or failure to make estimated tax payments;
Interest that began accruing earlier than it should have, or not at all; and
Overpayment interest for the 2020-2023 disaster period.
The COVID emergency declaration delayed filing and payment deadlines, according to a recent court ruling. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
The notice cautioned that the IRS requires claims under Form 843 to be filed through paper submissions, and because such filings may not provide an immediate confirmation of receipt, it advised that taxpayers should send claims by certified mail to have evidence of their timely submission in case the forms are lost.
The taxpayer advocate recommended that the IRS should abide by the Taxpayer Bill of Rights and take four steps, including publicizing the issue for taxpayers, providing a six-month filing extension for refund claims, consider providing systemic relief so taxpayers don’t have to file, and to create an electronic submission portal.
It also urged tax professionals to inform clients about the issue, members of Congress to highlight the issue in communications with constituents, and for the media to report about it for the public’s knowledge.
MIAMI GARDENS, Fla. — Formula One returns to American soil this weekend for the Crypto.com Miami Grand Prix, the fourth round of the 2026 season and the first sprint weekend of the year. Fans around the world are eager to tune in as drivers battle at the Miami International Autodrome from May 1-3, with the main race scheduled for Sunday at 4 p.m. ET.
Red Bull Racing RB18 car at the 2022 Miami Grand Prix.
This year’s Miami event features a compressed sprint format that delivers high-stakes action across three days. Free Practice 1 kicks off Friday at noon ET, followed by Sprint Shootout later that afternoon. Saturday brings the Sprint race and qualifying for the Grand Prix, culminating in Sunday’s 57-lap main event under Florida sunshine. The unique layout, blending high-speed straights with tight corners around Hard Rock Stadium, promises exciting overtakes and strategic battles.
In the United States, Apple TV serves as the exclusive home for Formula One broadcasts under a multi-year deal. Viewers with an Apple TV+ subscription can stream every session live, including practice, qualifying, sprints and the race, often with F1 TV integration providing enhanced access. F1 TV Pro offers additional features such as onboard cameras for all 22 drivers, team radio audio, and commercial-free coverage in multiple languages. The service streams seamlessly on Apple TV devices, Chromecast, Roku, Amazon Fire TV, Android TV and more.
For those without Apple TV, F1 TV Premium provides a direct subscription option with comprehensive live coverage and on-demand replays. International viewers have varied options: Sky Sports in the UK broadcasts all sessions on Sky Sports F1 and Main Event, while other regions rely on local rights holders or F1 TV. Yahoo Sports and other sports hubs may offer highlights or supplemental streams for select sessions.
The 2026 season has already delivered drama, with tight championship standings heading into Miami. Max Verstappen and Red Bull seek to maintain early momentum, while challengers from McLaren, Ferrari, Mercedes and emerging teams like Cadillac and Audi push for podiums. Sprint weekends compress the schedule, heightening pressure on drivers and strategists as tire management, qualifying pace and racecraft take center stage.
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Miami’s appeal extends beyond the track. The event transforms the area into a glamour hub with celebrity sightings, concerts and fan zones. The circuit’s mix of temporary and permanent sections creates a unique challenge — long straights for top speeds near 210 mph and technical sections rewarding precision. Past races here have featured memorable moments, from overtakes under the stadium lights to safety car deployments that reshuffled the order.
Weather forecasts for the weekend call for warm conditions with a chance of isolated showers, typical for South Florida in early May. Teams will monitor track evolution closely, as rubber buildup changes grip levels throughout the weekend. Pirelli brings its softest tire compounds, favoring aggressive strategies in the sprint and Grand Prix.
Broadcast details emphasize accessibility. Apple TV subscribers can watch on smart TVs, mobile devices, tablets or computers via the app. F1 TV Pro subscribers gain multi-screen viewing, data overlays and historical archives. For international fans, check local listings — many European broadcasters air live on traditional TV alongside streaming. Free highlights packages are often available post-session on official F1 channels and partner sites.
The sprint format alters preparation. Teams have limited practice time — just one 90-minute session Friday before Sprint Shootout. This rewards adaptability and simulation work done in factories beforehand. Drivers like Lando Norris, Charles Leclerc and Lewis Hamilton, with strong Miami histories, could capitalize, while rookies and midfield battlers fight for crucial points.
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Fan engagement has surged with F1’s streaming shift. Interactive features on F1 TV allow viewers to switch camera angles, listen to engineering chatter and follow live timing data. Apple TV integrates smoothly with existing subscriptions, making it easier for casual fans to join without additional hardware. Pre-race shows, post-race analysis and driver interviews provide context for those new to the sport.
Ticket sales for the Miami Grand Prix indicate strong demand, with grandstands and hospitality packages selling briskly. For those unable to attend, home viewing offers near-trackside immersion through high-definition broadcasts and expert commentary from former drivers and journalists. Networks emphasize storytelling, highlighting rivalries, technical innovations and human elements behind the machines.
Historically, Miami has produced unpredictable results due to its layout and variable conditions. Strategic calls on pit stops and tire choices often prove decisive in both sprint and feature races. As the championship tightens, every point counts, adding pressure in this early-season sprint.
Preparation tips for viewers include downloading apps in advance, ensuring stable internet for streaming, and checking local time conversions for global audiences. Many will wake early or stay up late depending on location — European fans face evening broadcasts, while Asia-Pacific viewers tune in during morning hours.
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The Miami Grand Prix also spotlights Formula One’s growth in the U.S. market. Increased visibility through streaming platforms, Netflix’s “Drive to Survive” influence and celebrity involvement have broadened appeal. This weekend’s event continues that trend, blending elite motorsport with South Florida’s vibrant culture.
Teams arrive with updated packages after early-season testing and races. Aerodynamic tweaks, engine reliability and driver fitness will be under scrutiny. Injuries or mechanical gremlins could shuffle the grid, while weather variables add another layer of strategy.
For cord-cutters, Apple TV and F1 TV eliminate traditional cable barriers. Bundles or trials may be available, with customer service ready to assist setup. Highlights and condensed replays ensure no one misses key moments even with busy schedules.
As engines fire up in Miami, the racing world converges on South Florida. Whether cheering from home, a sports bar or trackside, fans can immerse in one of the calendar’s most anticipated weekends. The combination of sprint excitement and full Grand Prix drama guarantees thrilling viewing wherever you tune in.
AutoNation, Inc. (AN) Q1 2026 Earnings Call May 1, 2026 9:00 AM EDT
Company Participants
Derek Fiebig – Vice President of Investor Relations Michael Manley – CEO & Director Thomas Szlosek – Executive VP & CFO
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Conference Call Participants
Rajat Gupta – JPMorgan Chase & Co, Research Division Michael Ward – Citigroup Inc., Research Division Alexander Perry – BofA Securities, Research Division Jeffrey Lick – Stephens Inc., Research Division John Saager – Evercore ISI Institutional Equities, Research Division John Babcock – Barclays Bank PLC, Research Division David Whiston – Morningstar Inc., Research Division
Presentation
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Operator
Hello, and welcome to the AutoNation Inc. First Quarter 2026 Earnings Call. My name is Rob, and I’ll be your operator today. [Operator Instructions].
I will now hand the conference over to Derek Fiebig, VP of Investor Relations. Please go ahead.
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Derek Fiebig Vice President of Investor Relations
Thanks, Rob. And good morning, everyone. Welcome to AutoNation’s First Quarter 2026 Conference Call. Leading our call today will be Mike Manley, our Chief Executive Officer; and Tom Szlosek, our Chief Financial Officer. Following their remarks, we’ll open up the call to questions.
Before beginning, I’d like to remind you that certain statements and information on this call, including any statements regarding our anticipated financial results and objectives constitute forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks that may cause our actual results or performance to differ materially from such forward-looking statements.
Additional discussions of factors that could cause our actual results to differ materially are contained in our press release issued today and in our filings with the SEC. Certain non-GAAP financial measures as defined under SEC rules will be discussed on this call. Reconciliations are provided in our materials and our website located at investors.autonation.com.
[Interpreted] Ladies and gentlemen, good day. My name is Pierre Beaudoin, and I am the Chair of the Board and very pleased to be in this position. On behalf of the Board, welcome to Bombardier’s 2026 Annual Meeting of Shareholders. As you know, innovation has been part of Bombardier’s DNA since the beginning and continues to guide our decisions, our governance and our long-term vision in everything that we do.
Last December, we celebrated the official commissioning of the Global 8000 with our employees and customers. This is an important milestone for the company, given that Global 8000 embodies in many ways, the definition of innovation. As the world’s fastest business jet, It illustrates the excellence to — of our know-how and continues to increase Canada’s reputation internationally.
I can tell you that Bombardier is in an excellent position today. Choices made over the recent years, diversification amongst other things in our revenues, all these things have been bearing fruit. Our service and defense activities are growing steadily and now play a major role in Bombardier’s overall performance.
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Our teams and steering committees are solid, committed and well aligned to pursue our trajectory with rigor and determination. This meeting will be held primarily in French, but allow me to say a few words in English.
Ladies and gentlemen, good morning. My name is Pierre Beaudoin, and I am the Chair of the Board of Directors of Bombardier. I am pleased to welcome you to our 2026 Annual Meeting of Shareholders. While our meeting will be held mainly in French, a simultaneous translation is available on the
The S&P 500 and the Nasdaq advanced to record closing highs on Friday, boosted by robust earnings and a dip in crude prices, and turning the page on their biggest monthly percentage gains in years.
The S&P 500 joined the Nasdaq in positive territory, with tech strength putting the latter out front. Both indexes logged their sixth consecutive weekly advances, their longest run of weekly gains since October 2024.
As May begins, the stock market embarks on what is historically a weak six-month stretch. Since 1945 through April 2026, the S&P 500 has gained an average of about 2% from May to October, according to data from Fidelity. That compares with an average gain of about 7% from November through April.
Wrapping up a momentous week for corporate earnings, in which reporting companies accounted for more than two-fifths of the S&P 500’s total market capitalization, analysts now see aggregate first-quarter earnings growth of 27.8%, year-on-year, according to LSEG I/B/E/S.
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Five of the companies in the Magnificent Seven group of artificial intelligence-related stocks reported this week, and investors paid close attention to the timing and extent to which huge investments in the nascent technology are starting to pay off.
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That’s an 11.7 percentage point increase from where the estimate stood a week ago, and marks the biggest earnings growth since the fourth quarter of 2021. Of the 314 companies that have posted results, 83% have beaten earnings estimates, and 78% reported better-than-expected revenues, according to LSEG. “Today’s action is really the cherry on top of another solid week for investors as earnings season continues to come in stronger than expected,” said Ryan Detrick, chief market strategist at Carson Group in Omaha. “At the same time, we had the second-best April for the S&P 500 since 1950.”
“It looks like that upward momentum very well could continue in May,” Detrick added.
GEOPOLITICS, CRUDE PRICES AND THE ECONOMY
Progress toward a peaceful resolution to the U.S.-Israeli war on Iran appeared stalled, with the closure of the Strait of Hormuz putting upward pressure on energy prices and stoking inflation worries.
But front-month crude futures eased after Iran was reported to have submitted a fresh proposal for negotiations with Washington.
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“Investors are pricing out how long they expect that supply disruption to last, and then differentiating who’s got the most sensitivity to that disruption,” said Tom Hainlin, national investment strategist at U.S. Bank Wealth Management in Minneapolis.
Economic data showed U.S. factory activity expanded in April for the fourth consecutive month, but the prices-paid component – an inflation predictor – jumped to its hottest level in four years, according to the Institute for Supply Management.
According to preliminary data, the S&P 500 gained 20.46 points, or 0.28%, to end at 7,229.47 points, while the Nasdaq Composite gained 217.67 points, or 0.87%, to 25,109.98. The Dow Jones Industrial Average fell 155.67 points, or 0.31%, to 49,496.47.
Apple shares advanced after the company provided a solid sales forecast, touting strong demand for its flagship iPhone 17 and the MacBook Neo.
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Atlassian shares surged after the enterprise software firm hiked its forecast.
Peers Salesforce and ServiceNow also gained ground.
Roblox slid following a cut in its annual bookings forecast. Reddit jumped after an upbeat quarterly revenue forecast.
Exxon Mobil’s quarterly profit was hit by Middle East disruptions, while Chevron beat earnings expectations but overall profit marked its lowest level in five years. Both supermajors closed lower.
China’s three largest airlines returned to profit in the first quarter, but the recovery may prove short-lived as higher fuel costs due to the Middle East war cloud the outlook and threaten bottom lines.
The Chinese aviation sector delivered a strong start to 2026 even as the outbreak of the Iran war in late February disrupted air travel and heightened macroeconomic uncertainty.
President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without saying what authority he would use to raise the levies.
“Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged to the European Union for Cars and Trucks coming into the United States,” he wrote on Truth Social on Friday. “The Tariff will be increased to 25%. It is fully understood and agreed that, if they produce Cars and Trucks in U.S.A. Plants, there will be NO TARIFF.”
The Supreme Court ruled in February that a large part of Trump’s tariff agenda was illegal. The president’s “reciprocal” tariffs were invoked using a novel reading of the International Emergency Economic Powers Act, or IEEPA, but the high court said in a 6-3 majority that the law that undergirds those import duties “does not authorize the President to impose tariffs.”
Shortly after the Supreme Court ruling, Trump said he signed an executive order imposing a new 10% “global tariff” rate to effectively replace the IEEPA duties, though those tariffs came with a 150-day time limit under Section 122 of the Trade Act of 1974. He then said he would increase the global rate to 15%.
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The EU in February had warned that its trade deal with the U.S. could be in jeopardy after the new tariff rate was announced and postponed its planned vote on the agreement.
The European Union said it is following standard legislative practice and keeping the U.S. administration up to date.
“We maintain close contact with our counterparts, including as we also seek clarity on US commitments,” a a European Commission spokesperson said. “We remain fully committed to a predictable, mutually beneficial transatlantic relationship. Should the US take measures inconsistent with the Joint Statement, we will keep our options open to protect EU interests.”
A White House official said in a statement Friday that the EU has “failed to make substantial progress on their agreed-upon commitments” under a trade agreement between the countries.
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“The White House has always been clear that the President reserves the right to adjust tariff rates if our trade deal partners fail to abide by their commitments,” the official said.
The Trump administration last year broadly implemented 25% tariffs on vehicles and certain auto parts imported into the U.S., citing national security risks under Section 232. Those levies are still in place.
The European automakers that could most be impacted by a change in tariff rate would be Mercedes, BMW and Volkswagen, which import a large percentage of the vehicles they sell in the U.S. from their plants in Europe.
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