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It has finally happened!For the first time in the history of the NCAA Men's Basketball Tournament, a 16-seed team has defeated a top seed. No. 16 seed UMBC dominated No. 1 seed Virginia 74-54 on Friday. Friday's upset marks the first time in 136 games that a No. 1 seed lost in the first round. Not only was Virginia considered one of four No. 1 seeds in this year's NCAA Tournament, the Cavaliers were considered the top overall seed after a 31-2 season. The average 1 seed wins their first-round matchup by 25 points. Virginia's basketball program is no stranger to being part of major upsets. In 1982, No. 1-ranked Virginia lost to Chaminade, then a member of the NAIA. The upset spurred the annual Thanksgiving-week Maui Invitational tournament, hosted by Chaminade. 819
It will cost you a little more to drink on your next Southwest Airlines flight. Starting March 1, Miller Lite, Dos Equis, and wine served in the cabin will be . Liquor and premium beer (Fat Tire, Lagunitas, and the newest seasonal option, Leinenkugel's Summer Shandy) will be . All drinks on Southwest Airlines flights were . Coupons given out by the airline remain valid, regardless of the price. The airline will stay with tradition and keep complimentary drink days. Passengers can get a free drink on Valentine’s Day, St. Patrick’s Day, Southwest Airlines’ birthday (June 18) and Halloween. Southwest Airlines has not changed drink prices since 2009. Non-alcoholic drinks remain complementary. 747

It’s hard to get friends together right now because of the coronavirus pandemic. That’s true of Friends characters, too. The iconic 90s show has teased a reunion for years, and it might be coming together soon.David Schwimmer, who played Ross Geller on the NBC comedy, told Jimmy Fallon the Friends are trying to get together in August.“It’s supposed to happen maybe in August, beginning of August. But honestly we’re going to wait and see another week or two to determine if it’s really safe,” Schwimmer said, adding they will wait if it’s not safe yet to get together.A Friends special has been anticipated by fans for years, and confirmed finally by HBO Max in February. Filming was put on pause because of the coronavirus pandemic.“It’s unscripted, it’s basically a really fun interview and some other surprise bits,” Schwimmer said of the special.During the interview with Fallon on The Tonight Show, Schwimmer recounted how he almost didn’t take the role of Ross. He said a previous bad experience on a comedy program left him feeling frustrated.“I felt like a prop, ‘just shut up and say the line,’” Schwimmer said of the program he was a part of before Friends. “It was so awful, I decided I never wanted to do comedy again.”However, creators of Friends and the director of the pilot episode were able to persuade him to become Ross Geller, telling him they wrote the part for Schwimmer. 1403
Investors were in a rotten mood Tuesday.Seemingly good results from Dow components Caterpillar, Coca-Cola and United Technologies didn't please Wall Street. The Dow closed down 425 points, or 1.7%, after opening with a 130-point gain. At its worst point of the day, the Dow was down more than 600 points.The Dow has fallen for the past five straight days — its longest losing streak in more than a year — and has given up its gains for the year.Why the nearly 650-point swing in the Dow in a matter of hours? Once investors took a closer look at the results, they focused on the negatives.Caterpillar, for example, warned that profit margins would probably not get any higher this year than they are now.And Coke investors were disappointed that lower prices may have helped drive sales -- even though Diet Coke finally returned to growth. Shares of Caterpillar plunged 6% while Coke's stock lost 2%.Verizon was one of the few companies that posted strong results Tuesday that didn't seem to have any caveats -- and it was rewarded for it. Shares of Verizon rose 2%.But other earnings reports were downright gloomy. 3M, another Dow component, lowered its outlook for the year. That sent its stock plunging 7%. Insurance company Travelers, also in the Dow, fell 3% after its earnings missed forecasts.All this negativity dragged down other old-school, classic industrial Dow companies too. Boeing and DowDuPont both fell about 3%.And tech investors were disappointed by increased expenses at Google parent Alphabet.Related: Why everyone is stressing about the 10-year Treasury Even though Alphabet posted solid gains in earnings and revenue that easily topped Wall Street's estimates, the stock fell 5% — and that helped drag down the S&P 500, Nasdaq and tech titans Apple, Amazon, Microsoft and Facebook.It didn't help that the yield on the 10-year US Treasury note rose above 3% for the first time in more than four years Tuesday morning.If this benchmark bond rate keeps climbing, it may make it more expensive to borrow money for mortgages and auto loans and could eat into profits at big US companies — especially since the Federal Reserve is expected to keep raising short-term rates.Still, one expert said investors may be overreacting to the moves in the bond market."I don't know that there is any magic to the 3.0% level other than it is a nice round number," said Jeff Mills, co-chief investment strategist for PNC Financial Services Group. "There is no rule that says rising rates are bad for the stock market."Mills added that since 1928, stocks have actually done a little bit better when rates have gone up. The market has gained about 11% on average during years that rates have gone up and 9% in years of falling rates.But jittery investors don't seem to care about historical market facts right now. They are selling first and asking questions later.The-CNN-Wire 2887
Inmates in Iowa's correctional system are suing the state to strike down a recently passed law that has banned pornography in prison, CNN affiliate KCCI reported. Iowa attempted to pass a similar law 30 years ago, but a federal judge struck the law down for being too vague. One expert told KCCI that the new law is more specific, and will likely withstand judicial review. "Prisoners generally have rights to access -- absent some incredibly dangerous person -- (including) reading materials," Drake University Constitutional Law Center Director Mark Kende. "And they have constitutional rights, even though they're in prison, the rights are diminished, but they have them."The law eliminates both viewing porn within individual jail cells, and in pornography reading rooms. Among the lawsuit, 58 inmates have joined the lawsuit, and are also asking the state to pay them ,000 each in damages. 931
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