Reported about 1 year ago
Source: INVESTORS
Reported about 1 year ago
Reports indicate that Apple is facing increasing legal challenges, with the European Union revealing that Apple's App Store rules violate the Digital Markets Act by restricting developers from informing customers of alternative ways to access content. This comes as Apple is also defending against antitrust charges in the US. Despite the news, investors remain unfazed, causing Apple's stock to rise. The EU's new law targets tech giants like Apple, Amazon, and Alphabet, aiming to prevent monopolistic practices and unfair competition. Violations could lead to fines up to 10% of a company's global revenue, which for Apple could be significant given its vast earnings in 2023.
Source: YAHOO
Reported about 1 year ago
Bitcoin's price dropped below US$60,000, the Mt. Gox trustee announces plans to start repaying creditors next week with over US$9.4 billion in Bitcoin, leading to potential market destabilization. German authorities selling US$325 million worth of Bitcoin and liquidation of over US$335 million in long positions within 24 hours adds to selling pressure.
Source: YAHOO
Reported about 1 year ago
Lindsay Lohan and Jamie Lee Curtis are reuniting for a sequel to the 2003 classic 'Freaky Friday,' where they starred as a teenage daughter and overworked mother who switch bodies. The sequel will see the characters navigating new challenges as their families merge, with a release date set for next year. The original film is available to watch on Disney+ ahead of the sequel, with returning cast members such as Mark Harmon and Chad Michael Murray joining the new film directed by Nisha Ganatra.
Source: YAHOO
Reported about 1 year ago
52 CEOs stepped down in the first quarter of 2024, the highest level in four years according to Russell Reynolds Associates. Katherine Roy from Edward Jones discusses the importance of succession plans for business owners, with only 64% having one. Roy emphasizes the need for businesses to start preparing and identifying the right successor to handle growth strategies, healthcare costs, and technology adoption. Financial advisors play a crucial role in guiding business owners through successful transitions and helping them plan for the future.
Source: YAHOO
Reported about 1 year ago
Bank of Canada Governor Tiff Macklem anticipates a soft landing for Canada's economy with a slight increase in the unemployment rate without needing a significant spike to achieve the inflation target. Macklem stated that the labor market in Canada is moving towards balance, and although finding new jobs is becoming more challenging, the central bank is optimistic about cooling inflation without a substantial increase in unemployment. The speech indicates the Bank of Canada's confidence in the labor market's improvement and potential interest rate adjustments if inflation continues to ease.
Source: YAHOO
Reported about 1 year ago
The Taiwan High-Speed Rail has connected various parts of Taiwan since its opening, with the Changhua station experiencing consistently low passenger volumes. Local authorities are hoping to boost passenger numbers by constructing a Taiwan Railway branch line to link the Changhua High-Speed Rail station with the Taiwan Railway's Tianzhong station. The Ministry of Transportation is fully supportive of improving transportation in the Changhua region to stimulate economic development. Plans for the Tianzhong branch line are progressing, with initial construction set to begin in October this year.
Source: YAHOO
Reported about 1 year ago
WWE and Indiana Sports Corp. have joined forces to bring Royal Rumble, SummerSlam, and WrestleMania to Indianapolis. This partnership marks the first time these events, with a combined economic impact exceeding $300 million, will take place in Indianapolis, starting with the Royal Rumble on Feb. 1, 2025, at Lucas Oil Stadium. The agreement includes other WWE shows and live events in various Indiana locations, contributing to the city's sports strategy that has generated millions of visitors and significant media coverage over the years.
Source: YAHOO
Reported about 1 year ago
Skilled labor shortage and high inflation from wage growth in the US Gulf Coast are causing delays in liquefied natural gas (LNG) projects, affecting construction budgets and returns for investors. Labor costs have surged up to 20% since 2021, prompting some firms to reconsider contractors and investor partnerships to manage rising construction expenses. The situation highlights the impact of COVID-19 on labor costs and the adjustments needed in the LNG industry to navigate escalating challenges.
Source: YAHOO
Reported about 1 year ago
John Hussman, a well-known permabear, warns of a significant market correction ahead as a high concentration of warning signals indicate a potential crash. With negative market leadership at a five-year high and various red flags, including the ratio of nonfinancial market capitalization to corporate gross value-added surpassing 1929 levels, he predicts a 50%-to-70% correction for the S&P 500. Despite his bearish outlook, Wall Street remains optimistic, expecting the index to stay above 5,000 this year. Hussman has a history of accurately predicting market declines, such as the tech crash in 2000 and the 2007 financial crisis, although his recent returns have underperformed.
Source: YAHOO
Reported about 1 year ago
On Episode 727 of WHAT THE TRUCK?!?, FreightWaves’ Craig Fuller discusses UPS’ $1 billion sale of Coyote to RXO. They analyze why Coyote incurred a loss of over $700 million in the transaction, making RXO the 3rd largest freight brokerage. Additionally, Texas-based U.S. Logistics Solutions abruptly closes down, resulting in 2,000 job losses, including 500 drivers. Fuller also comments on the ongoing freight market recovery and potential acquisitions in the industry. Lastly, the episode features a discussion on women in trucking and the inspiring story of a driver who overcame challenges to continue his career.
Source: YAHOO
Reported about 1 year ago
Constellation Research predicts Nvidia stock will rise 65% to $200 per share in one year and continue to soar over the next 18 to 24 months due to its AI dominance and seven moats that contribute to its growth. With a visionary founder-led CEO, high barriers to entry, high switching costs, dominant market share, strong product roadmap, GPU as the default standard in AI, and impressive numbers, analysts believe the stock presents a buying opportunity despite a recent decline, aligning with other Wall Street firms projecting a $200 price target for Nvidia.
Source: YAHOO
Reported about 1 year ago
Jennifer Garner's mother, Pat, discussed her feelings after the passing of her husband, William, of 59 years on the Today show. Initially worried about being a widow, Pat had an epiphany that she would be alright, which brought comfort. Garner expressed admiration for her parents and their love, highlighting the impact of her father's loss. She shared a heartfelt tribute on Instagram and marked her parents' 59th anniversary. Despite missing her father, Garner expressed gratitude for the loving legacy he left behind.
Source: YAHOO
Reported about 1 year ago
优步科技公司已开始在低需求时段封禁纽约市司机的应用程序，以应对最低工资规定，而Lyft公司也威胁要采取同样的做法。一些司机表示，他们的工资已下降了50％。这项措施的核心是纽约的一项六年工资规定，要求Uber和Lyft等公司支付司机在接客之间的闲置时间。这些封锁是为了限制司机能够登记和获得报酬的非乘客时间。司机表示，他们需要工作更长的时间才能赚取以前相同的金额。
Source: YAHOO
Reported about 1 year ago
Bank merger-and-acquisition activity in 2024 has seen substantial growth in deal sizes, with the largest deal so far being SouthState Corp.'s $2 billion acquisition of Independent Bank Group. With a total of 54 bank M&A transactions valued at $6.5 billion announced by mid-June, the industry is on track to surpass last year's total deal value. Despite challenges such as regulatory uncertainties and high borrowing costs, bigger banks are actively seeking strategic options for growth and expansion.
Source: YAHOO
Reported about 1 year ago
A U.S. bankruptcy court trustee intends to close Alex Jones' Infowars platform and liquidate its assets to pay off the $1.5 billion in lawsuit judgments Jones owes for repeatedly claiming the 2012 Sandy Hook Elementary School shooting was a hoax. Trustee Christopher Murray aims to wind down Infowars' parent company, Free Speech Systems, following an emergency motion filed in Houston. Jones anticipates the platform operating for a few more months before closure due to bankruptcy, but intends to continue broadcasting through different means. Murray requests a halt on the families' collection efforts to allow for an orderly liquidation process.
Source: YAHOO
Reported about 1 year ago
Jenna Jameson addresses rumors of abuse by Jessi Lawless and clarifies that Lawless was never abusive, expressing a desire to reconcile and work through their issues. The couple, who married in 2023, has received overwhelming support from fans despite previous divorce announcements and allegations of fraudulent marriage. Lawless sought an annulment due to financial and sobriety promises that were allegedly broken by Jameson, and she moved to forgo spousal support for a quick resolution.
Source: YAHOO
Reported about 1 year ago
The dark comedy anthology series 'Inside No. 9' concluded its run after ten years with the ninth season premiering in Taiwan on June 21st, 2024. Co-created and starring the duo of Steve Pemberton and Reece Shearsmith, the show has garnered global acclaim for its clever storytelling, unique structure, unexpected twists, and dark humor, with the Christmas special in 2022 setting a record high viewership of 2.3 million. Each episode presents a standalone bizarre story connected by the theme of the number '9,' exploring various issues through black humor and satire. The series creators have been lauded for their intricate storytelling and the show has won multiple international awards, making it a must-watch classic in the dark comedy genre.
Source: YAHOO
Reported about 1 year ago
On June 24, 2024, a terrifying Indonesian horror movie titled 'Blood Succession' directed by Inarah Syarafina and written by Vontian Suwandi, depicts a chilling and bloody family inheritance mystery that triggers fears through unconventional elements like jump scares, eerie old songs, and realistic family conflicts. The film focuses on estranged siblings who reunite after their mother's death to inherit the family business, uncovering unsettling events. Featuring a young production team and cast, including Yasamin Jasem and Bryan Domani, the movie promises to leave a lasting impact on viewers. 'Blood Succession' will premiere in Taiwan on July 19th.
Source: YAHOO
Reported about 1 year ago
Actor Tamayo Perry, known for his role in 'Pirates of the Caribbean: On Stranger Tides,' was tragically attacked by a shark while surfing near Oahu, Hawaii. His body was found missing a hand and a leg, and despite rescue attempts, he did not survive. Perry, a professional surfer and lifeguard in Hawaii, was 49 years old at the time of the incident.
Source: YAHOO
Reported about 1 year ago
A woman shared a video of her babysitting an incredibly cute baby ostrich chick on TikTok, causing a wave of envy and FOMO on social media. Viewers expressed their desire to land similar gigs and wondered how to get such opportunities. The video highlighted the ostrich's charming behavior, prompting many to wish for a chance to babysit a baby ostrich themselves. Some interesting facts about ostrich chicks were also shared, emphasizing their unique traits and social behaviors.
Source: YAHOO
Reported about 1 year ago
Yahoo Finance's Wealth! episode covers diverse topics including housing data, Shein IPO, and space investments. The episode discusses the unique investment opportunity offered by Vestal, a startup allowing investors to buy and sell shares based on athletes' career trajectories. The co-founders explain the concept, potential returns, athlete benefits, and investor expectations. The episode also highlights space-related stocks and ETFs, such as ProcureAM's UFO ETF, focusing on companies deriving revenues from the space industry. Lastly, it explores liquidity aspects and the potential impact on athletes' earnings, using Denver Broncos' linebacker, Baron Browning, as an example.
Source: YAHOO
Reported about 1 year ago
In June 24, 2024, social media influencer Dani revealed her breast augmentation journey from B-cup to E-cup. In a video shared by Science Mom during a gathering, Dani allowed her breasts to be examined, with Science Mom concluding that they felt more solid than her own. The examination involved questioning the price and the sensation of the implants, with Dani asserting that advancements in technology make everything feel natural and spread evenly when lying down. Science Mom expressed surprise at the technological progress, realizing the implants were mostly fat. The humorous exchange ended with Dani joking about excelling at marathons due to her 'breaking the finish line first' with her chest.
Source: YAHOO
Reported about 1 year ago
After experiencing a termination due to fetal anomalies, Anne Angus hoped to use IVF to grow her family but is now uncertain about this option. Facing a rare genetic defect during her pregnancy, she made the difficult decision to terminate after considering the baby's suffering. Now, with IVF access also becoming a political debate, Angus is worried about the limitations that may affect her ability to have a child in the future.
Source: YAHOO