Reported 6 months ago
Jon Rager of Fastmarkets discussed at FreightWaves’ conference in Atlanta how the containerboard sector is now facing a pandemic-induced hangover after experiencing growth in the wake of the coronavirus pandemic. While the industry is now dealing with a slowdown in containerboard shipping and closures of large facilities due to high operating costs, there are signs of recovery with an expected increase in box shipments this year. Industry leaders are turning to acquisitions for growth opportunities, but concerns remain about the impact of interest rates on housing affordability and the construction industry.
Source: YAHOO
Reported 6 months ago
GDS Wealth Management's Glenn Smith discusses the importance of investing in equities as the best opportunity to beat inflation, recommending sectors like financials and energy for investment. Smith highlights JPMorgan Chase as a top bank stock and Halliburton as a solid energy investment despite recent underperformance. He anticipates a potential rate cut in September due to inflation pressures, advising investors to diversify their portfolios and avoid over-concentration in specific sectors leading up to that period.
Source: YAHOO
Reported 6 months ago
Adwoa Aboah, a model and founder of Gurls Talk, showcased her baby bump at a fundraising gala for her nonprofit organization in London. The event aimed to raise awareness for mental health among young women and girls, a cause close to Aboah's heart. Aboah, who revealed her pregnancy at the Met Gala in May, continues to advocate for mental health and safe spaces for young women through her organization.
Source: YAHOO
Reported 6 months ago
One year after the surprising PGA Tour and Saudi Arabia’s Public Investment Fund (PIF) deal was announced, uncertainty and optimism continue to dominate the golf world. The deal, which aimed to merge commercial operations under common ownership, sparked chaos and discontent among players. With ongoing negotiations and complexities surrounding the agreement, 12 months later, unanswered questions and unease persist among players, despite some potential for reinventing the professional game.
Source: YAHOO
Reported 6 months ago
4batz is embarking on his first headlining tour, the Thank You, Jada Tour, with nine dates starting on July 29 in Chicago and concluding on August 10 in Oakland. The tour follows the release of his debut EP and features tracks like 'Act I: Stickerz ’99,' 'Act II: Date @ 8' (remixed by Drake), and 'Act III: On God? (She Like).' 4batz expressed excitement about showcasing his versatility through his music, debuting at No. 2 on Top R&B Albums.
Source: YAHOO
Reported 6 months ago
Amanda Kloots discusses how raising her son helped her cope with her husband's death due to COVID, emphasizing the importance of keeping her child safe and happy. She expresses gratitude for the bond she shares with her son as a single parent, reflecting on her grief journey and the unique challenges faced by those dealing with loss while parenting. Kloots prioritizes personally caring for her child and values the well-being of her son above all else, stating that there is no amount of money that can match the importance of ensuring his safety and happiness.
Source: YAHOO
Reported 6 months ago
YouTube宣布改變其關於槍支影片的政策，以防止潛在危險內容傳達給未成年使用者。改變將禁止展示如何移除槍支安全設備的影片，並將自製槍支、自動武器以及某些槍支配件如消音器的影片限制為18歲及以上使用者觀看。此舉受到槍支安全倡導者的呼籲，希望平台能更多做以確保槍支影片不會傳達給年幼使用者，避免創傷孩童或引導他們走向極端主義與暴力的黑暗旅程。
Source: YAHOO
Reported 6 months ago
Jared Kushner's recent real estate deal with the Serbian government involves bulldozing the bombed-out Yugoslav Ministry of Defense complex to build a luxury hotel, with the shocking condition of erecting a memorial condemning NATO's actions during the Kosovo War. This move has faced backlash from retired General Wesley Clark and Serbian officials for potentially whitewashing history and aligning with Russian interests to weaken NATO, adding to the existing tensions and protests in Belgrade.
Source: YAHOO
Reported 6 months ago
2024-25賽季將首次採用12隊季後賽格式，從自2014賽季首次舉辦以來一直採用的四隊格式。季後賽將包括四輪比賽：第一輪、四分之一決賽、半決賽和國家冠軍賽。賽程安排包括第一輪在12月20日和21日舉行，四分之一決賽在12月31日至明年1月1日舉行，半決賽在1月9日和10日舉行，而2024-25年的國家冠軍賽將於1月20日舉行。
Source: YAHOO
Reported 6 months ago
AB CarVal Investors LP, a Wall Street alternative money manager, is increasing lending in the high-risk real estate sector, seizing an opportunity as traditional banks cut back on lending due to regulatory pressures. With over $50 billion expected in deals for residential mortgage loans and residential development lending in Europe alone, the New York-based firm is expanding financing in the sector, obtaining double-digit returns. Through partnerships with banks and direct lending, CarVal is navigating regulatory challenges while filling the lending gap left by banks in Europe's alternative and middle-market lending landscape.
Source: YAHOO
Reported 6 months ago
Nvidia's stock reached a new all-time intraday high and a market cap of $3 trillion on Wednesday. Analysts discuss the factors contributing to this record-breaking achievement, such as the company's strong performance and new target prices set by Wall Street. The trend reflects the continuous growth and demand for Nvidia, with its market cap surpassing that of Apple, along with optimistic price targets from Bank of America. The article highlights the significance of Nvidia's position in the AI industry and its ecosystem's impact on related companies like Taiwan Semiconductor and NXP Semiconductor.
Source: YAHOO
Reported 6 months ago
Through the first two months of the 2024 MLB season, the New York Yankees, Philadelphia Phillies, and Baltimore Orioles are standing out as some of the strongest teams. The standings are still uncertain, but these teams are showing promising performances, with the Yankees excelling in the absence of Gerrit Cole, the Phillies having a solid pitching staff, and the Orioles meeting lofty expectations with a standout MVP-like performance from Gunnar Henderson. Other teams like the Los Angeles Dodgers, Cleveland Guardians, and Milwaukee Brewers are also making positive strides, while the Chicago White Sox are struggling at the bottom of the rankings.
Source: YAHOO
Reported 6 months ago
Nvidia's stock market value has soared past $3 trillion due to increased demand for its semiconductors in AI applications. The company, now the third most valuable in the S&P 500, is undergoing a 10-for-1 stock split amidst a remarkable financial performance, with revenue more than tripling in the latest quarter. Positioned as a key player in AI, Nvidia's numbers have been impressive, including its $147 billion market value increase and a projected revenue of $117 billion for fiscal 2025.
Source: YAHOO
Reported 6 months ago
SoftBank支持的巴西線上貸款公司Inter & Co希望在美國複製其在國內市場的成功，並在佛羅里達州兩個最大城市針對來自拉丁美洲最大國家的遊客，該公司的首席執行官表示。Inter在2021年在邁阿密設立總部，並在五月在奧蘭多擴大了其實體存在，成為巴西移民和遊客熱點。公司目前擁有310萬全球帳戶客戶，其中大多數在巴西，美國有「略多於」25萬客戶。
Source: YAHOO
Reported 6 months ago
In New Mexico's primary election, voters ousted several incumbent lawmakers, including state Rep. Willie Madrid, who opposed paid family leave legislation. Challengers like Jon Hill and Anita Gonzales, who support progressive initiatives like paid family leave, emerged victorious. Other outcomes included the defeat of incumbent Rep. Harry Garcia and Sen. Bill O’Neill, with their challengers emphasizing differing priorities like crime, homelessness, and Native American representation. The election also saw victories for Native American candidates and district attorneys, and the nominations of Republicans aligned with Donald Trump's election challenges. Overall, the election results reflect changing dynamics and priorities within New Mexico's politics.
Source: YAHOO
Reported 6 months ago
The White House and allies of President Biden responded to The Wall Street Journal's recent report criticizing the president's performance in private meetings, accusing the Journal of relying on accounts from mostly Republican officials. Democrats defended Biden, pointing out the inconsistency of the sources and highlighting Biden's strengths in areas like international affairs and bipartisan legislation. The Journal's story, based on interviews with 45 individuals including Democrats and Republicans present in meetings with Biden, raised questions about the president's fitness for office as he seeks a potential second term at 81 years old.
Source: YAHOO
Reported 6 months ago
Amid recent breakup rumors surrounding Jennifer Lopez and Ben Affleck, PR experts believe the divorce speculations were intentionally created to divert attention from Lopez's struggling movie and tour sales. Mayah Riaz and Ryan McCormick suggested that these rumors might be a strategy to mask professional setbacks and maintain a positive public image, emphasizing the importance of skepticism until credible confirmation is available. The couple, who rekindled their romance in 2021 and got engaged, are currently facing rumors of a strained marriage in June 2024.
Source: YAHOO
Reported 6 months ago
Washington Commanders head coach Dan Quinn addressed the recent release of kicker Brandon McManus amid sexual assault allegations, revealing that he found out about the situation on May 27 and released McManus on June 3. Quinn emphasized the importance of communication within the team, suggesting that McManus had not communicated with the franchise about the case before it became public. The Commanders have signed kicker Ramiz Ahmed to compete for a roster spot, with different on-field resumes compared to McManus. Quinn highlighted the significance of open and honest communication to address issues, amidst a backdrop of sexual harassment and workplace misconduct allegations in the franchise's recent history.
Source: YAHOO
Reported 6 months ago
NBA lottery prospect Nikola Topić, a 6-6 point guard with high potential as a playmaker, has been diagnosed with a partially torn ACL in his left knee, affecting his draft status. Despite being a top-five pick projection, he may face uncertainty in the upcoming draft on June 26 due to his injury. The 18-year-old's agent confirmed the ACL tear, leaving NBA team doctors to assess his condition further and decide on the best course of action, potentially including surgery.
Source: YAHOO
Reported 6 months ago
Elon Musk's xAI is planning to establish a new supercomputer facility in Memphis, which would be the largest multibillion-dollar investment in the city's history. The artificial intelligence startup aims to enhance its capacity in developing chatbots and AI-powered tools, with the project being undertaken in collaboration with city officials and receiving support from the local community. Details about the facility, including the investment cost and job creation, are still pending, as xAI continues to prioritize innovation and growth in the AI industry.
Source: YAHOO
Reported 6 months ago
After years of investigation and national attention, architect Rex Heuermann was apprehended near the Empire State Building by law enforcement officers for his connection to a 13-year homicide case involving young female victims on Long Island. Initially charged with three counts of first-degree murder in 2009 and 2010, Heuermann's arrest was made possible by evidence linking him to multiple murders, including through DNA found on a pizza crust and hair from the victims' remains. Heuermann, who maintains his innocence, is now facing additional murder charges and the case continues to unfold.
Source: YAHOO
Reported 6 months ago
Hewlett Packard Enterprise (HPE) CEO Antonio Neri notes that the market is recognizing HPE's significant role in artificial intelligence (AI), leading to a surge in HPE's shares post their strong second-quarter results. Neri highlights that HPE has a $4.6 billion AI order book with solid revenues, emphasizing their unique energy-efficient cooling technology. Neri also praises Nvidia and its CEO for their contributions to advancing AI technology. HPE's success in the AI sector is attributed to their strategic execution and focus on profitability in deals.
Source: YAHOO
Reported 6 months ago
Several prestigious hospitals in London, including Guy’s and St Thomas’ Hospital and King’s College Hospital, are delaying operations and resorting to handwritten notes following a ransomware cyberattack on lab services provider Synnovis. The cyberattack has impacted pathology services, causing delays in procedures, prioritizing blood testing for urgent cases, and prompting the use of paper notes. The full extent of the attack and data impact is still unknown, with King’s College Hospital continuing major trauma and emergency surgery, while elective procedures are being canceled. Public bodies in the UK have collectively spent over £1 billion on lab services provided by Synnovis since 2016, but some have reassured that their services have not been impacted by the attack, and the cyber incident response team is working on minimizing disruptions to patient care.
Source: YAHOO
Reported 6 months ago
The 2024 U.S. women's Olympic 3x3 basketball team will consist of Cameron Brink, Cierra Burdick, Rhyne Howard, and Hailey Van Lith, aiming for a second consecutive gold medal. Brink, Burdick, and Van Lith were part of the gold-winning team at the 2023 FIBA 3x3 World Cup. All four players recently participated in the 3x3 national team camp and took part in the FIBA 3x3 Women’s Series Springfield Stop where they finished as runners-up to Canada. Head coach Jennifer Rizzotti will lead the team in the Olympics which differ from the 5x5 game with shorter games, a halfcourt, and a 12-second shot clock.
Source: YAHOO
Reported 6 months ago
Yahoo Sports' Vincent Goodwill and Tom Haberstroh discuss trust issues regarding the Boston Celtics, questioning the team's style of play and playoff performance. They debate the Celtics' potential dominance in the NBA Finals against the Dallas Mavericks. They also analyze Kristaps Porzingis' health and potential strategies for the Mavericks. The podcast covers coaching news, J.J. Redick's chances of becoming the Lakers' head coach, LeBron James' upcoming free agency, and potential future NBA player-coaches. Available on Apple Podcasts, Spotify, and YouTube.
Source: YAHOO