Reported 6 months ago
A Los Angeles-based psychologist, Leslie Dobson, stirred up controversy on TikTok and Instagram by stating she doesn't return her shopping cart due to safety concerns for her children, sparking a debate on societal norms and personal safety. Despite receiving backlash and death threats, Dobson defended her stance, emphasizing the importance of prioritizing personal safety over societal expectations. The incident highlighted the contentious 'shopping cart theory' and sparked discussions on online shaming and safety statistics related to child abductions in parking lots.
Source: YAHOO
Reported 6 months ago
A U.S. appeals court has blocked the Fearless Fund's grant program for Black women-owned businesses, siding with an anti-affirmative action group's discrimination lawsuit against the program. The court ruled in favor of the group, led by conservative activist Edward Blum, alleging that the program violated a federal law prohibiting racial bias in private contracts. The program, which aimed to provide grants and resources to small businesses owned by Black women, was put on hold following the court's decision, despite Fearless Fund arguing for its constitutional right to support Black women in the economy through charity.
Source: YAHOO
Reported 6 months ago
As investors await the next Federal Open Market Committee meeting, Rockland Trust vice president Michael Sayers and Halo Investing president Jason Barsema discuss their top plays. Barsema sees volatility ahead but is bullish on utilities for defense and AI-driven growth. Sayers favors industrial companies like Honeywell for the US industrial renaissance and AI platform potential. The article also touches on strategies for financials and small caps, emphasizing the need for protection and the potential impact of interest rate cuts on market dynamics.
Source: YAHOO
Reported 6 months ago
The 2024 Stanley Cup Final presents the opportunity for the NHL to showcase Connor McDavid in his first appearance, but concerns arise over potential TV ratings. While the NHL's ratings have been on the rise, the absence of key markets like New York and Dallas, as well as the historical trend of Canadian teams in the Final impacting viewership, pose challenges. However, the excitement of a potentially close series could draw in more viewers than previous years, with ABC expecting stronger numbers compared to the 2023 Final. The NHL is optimistic about the exposure McDavid brings, despite TV ratings concerns, as the league looks towards future TV deals with networks like TNT Sports.
Source: YAHOO
Reported 6 months ago
Apple Inc. has turned positive for the year in 2024 after experiencing improving sentiment towards the company. The stock rose 0.9% in its sixth consecutive positive session, bringing its year-to-date increase to 0.8%. Following Apple's upbeat forecast in May and the announcement of a significant stock buyback program, there is optimism that incorporating AI into future iPhone models will drive revenue growth. Apple is also reportedly in talks with OpenAI and Alphabet Inc. to enhance its AI capabilities.
Source: YAHOO
Reported 6 months ago
Retired NBA player Tracy McGrady shared his reasoning for not including Steph Curry in his top-10 NBA players of all time list. Despite recognizing Curry's career achievements, McGrady highlighted Curry's inability to carry an injury-riddled team to playoffs as a factor, emphasizing the importance of elevating the team in such situations. McGrady's opinion contrasts with Curry's individual accomplishments and team-oriented playstyle throughout his NBA career.
Source: YAHOO
Reported 6 months ago
Keith Gill, known as Roaring Kitty, rekindled the meme stock rally by posting about his GameStop holdings, causing GME to surge about 70% in Monday trading. This resurgence challenges traditional traders' views. Yahoo Finance's Myles Udland discusses the market themes, retail trading narratives, and the evolving psychology among traders. The meme stock phenomenon, including GameStop and AMC, continues to intrigue investors and shape market dynamics, highlighting the impact of retail investors on traditional finance. The article explores the meta nature of meme stocks and the unique elements they bring to financial markets, indicating a lasting impact beyond 2024.
Source: YAHOO
Reported 6 months ago
Dr Pepper has overtaken Pepsi as the second largest soda brand in the United States, with Coke still holding the top spot. Dr Pepper's market share has been gradually increasing, surpassing Pepsi in 2023. Coca-Cola remains the leader with 19.2% market share, followed by Dr Pepper and Pepsi at 8.3% each. Dr Pepper's popularity has been growing due to its unique flavor and innovative marketing strategies, such as introducing new flavors like Dr Pepper Strawberries & Cream. Meanwhile, Pepsi has been focusing more on its zero sugar lines and other brands within the Pepsico portfolio.
Source: YAHOO
Reported 6 months ago
San Diego Padres infielder Tucupita Marcano has been permanently banned from Major League Baseball for allegedly betting on baseball games, with four other players receiving one-year suspensions for placing unrelated bets with a legal sportsbook. Marcano is the first active major leaguer banned for gambling since 1924, with the league emphasizing the importance of upholding the integrity of the sport. The players punished denied having inside information relevant to their bets, and Marcano was found to have placed over $150,000 in bets, including on Pittsburgh Pirates games while he was on the team's roster, resulting in a lifetime ban under MLB Rule 21.
Source: YAHOO
Reported 6 months ago
During a concert in Green Bay, Wisconsin, Bebe Rexha had several audience members removed by police for throwing items at her, a year after being hit in the face with a phone at a New York City show. In fan-captured videos, Rexha warned against such behavior, with one concertgoer being escorted out by police. This incident follows a previous assault where she was hit in the forehead with a phone, resulting in injuries and the perpetrator being arrested. Rexha, who recently released a new single, expressed excitement for a new chapter in her life.
Source: YAHOO
Reported 6 months ago
A recent study from Brigham and Women’s Hospital reveals that following a Mediterranean diet can lower all-cause mortality by 23% for women, as well as decrease the risk of death from cancer and cardiovascular disease. The research, published in JAMA, tracked over 25,000 U.S. women for 25 years and identified physical changes in biomarkers related to metabolism, inflammation, and insulin resistance associated with the diet. Emphasizing plant-based foods like nuts, legumes, fruits, and vegetables, along with healthy fats and moderate intake of fish, poultry, and dairy, the Mediterranean diet shows potential for significant long-term health benefits.
Source: YAHOO
Reported 6 months ago
Popular soda brand Poppi is being sued by a consumer for allegedly not delivering the gut health benefits it claims. The lawsuit, filed in San Francisco, states that the prebiotic soda only contains 2 grams of fiber, which is deemed inadequate for real benefits. The consumer is seeking monetary relief for themselves and others, while Poppi defends its products, stating the lawsuit is baseless. Poppi is part of the functional beverages market, which has seen a surge in sales, particularly in prebiotic and probiotic drinks.
Source: YAHOO
Reported 6 months ago
Bill Ackman's net worth has surged to $8 billion as investors back his plan to significantly grow Pershing Square Capital Management, making him one of the world's wealthiest individuals. A $1.05 billion investment for a 10% stake in Pershing Square has valued the firm at $10.5 billion, with expectations to increase assets to around $45 billion. This move places Ackman among the top 500 richest individuals globally, surpassing well-known financiers like Jon Gray and George Soros, and positions Pershing Square as one of the most highly valued hedge funds, rivaling firms like Renaissance Technologies and Elliott Management.
Source: YAHOO
Reported 6 months ago
Farmworkers, particularly in dairy farms, face high exposure risks to the bird flu virus, but testing is not reaching them due to lack of resources and barriers like health insurance and paid sick leave. Advocates emphasize the importance of tracking infections among farmworkers to monitor the virus's spread and potential mutations. Efforts to incentivize testing, such as offering $75 per test, are met with skepticism as workers fear economic repercussions if they test positive. Health officials stress the need for education, language-appropriate communication, and protective equipment in agricultural settings to prevent the virus from spreading, especially in states like South Carolina where risks are relatively low but monitoring efforts are in place.
Source: YAHOO
Reported 6 months ago
Source: SNY
Reported 6 months ago
Defunct cargo hauler Yellow Corp. is considering putting its remaining cargo terminals and vacant properties into a real estate investment trust to raise money for creditors, as revealed during a bankruptcy court hearing in Wilmington, Delaware. The company, which shut down and filed for bankruptcy last year, aims to explore the option of creating a new company from its assets to potentially generate more funds for creditors and possibly provide some returns to shareholders, which is uncommon in corporate bankruptcies. The proposal involves forming a real estate investment trust to hold some of Yellow's properties, including 47 owned locations and 78 long-term leased locations.
Source: YAHOO
Reported 6 months ago
A lawsuit alleges that Poppi prebiotic soda, known for its gut health claims, does not actually contain enough prebiotic fiber to provide significant health benefits from consuming just one can. The class action lawsuit states that consuming more than four Poppi sodas in a day would be necessary to experience the product's touted benefits, but the high sugar content in the drinks would likely negate any potential gut health advantages. The company, VNGR Beverage, has refuted the claims, while the lawsuit highlights potential adverse health effects from consuming excessive agave inulin, a key ingredient in the soda.
Source: YAHOO
Reported 6 months ago
MicroStrategy's Michael Saylor settles a tax fraud lawsuit in D.C. with a $40 million payment, Binance's CZ starts a four-month sentence in California for money laundering, and FTX's Sam Bankman-Fried returns to NYC's Metropolitan Detention Center for his appeal process. For more details and market updates, watch the full episode of Market Domination Overtime for expert insights.
Source: YAHOO
Reported 6 months ago
Sarah Snook, known for her role in 'Succession,' will lead the Peacock thriller series 'All Her Fault,' based on Andrea Mara's novel. The show follows Marissa Irvine as she faces a parent's worst nightmare when her son goes missing after a playdate. Megan Gallagher is adapting the book for the screen, with Snook also serving as an executive producer. Minkie Spiro will direct, and Universal International Studio is producing the series.
Source: YAHOO
Reported 6 months ago
Novak Djokovic sustained a knee injury during his fourth-round match at the French Open due to slippery clay and considered retiring. Despite receiving treatment from the trainer multiple times, Djokovic fought through the pain, managed to ease it with medication, and ultimately triumphed in a grueling five-set battle against Francisco Cerundulo. The match showcased Djokovic's resilience and determination, as he overcame both physical discomfort and court conditions to advance to the quarter-finals.
Source: YAHOO
Reported 6 months ago
GameStop's stock surged as Roaring Kitty hinted at holding a massive stake in the company. The meme stock craze continued as Keith Gill, also known as Roaring Kitty, revealed he owns 5 million shares of GameStop, valued at nearly $6 million. This revelation caused GameStop's shares to increase by 21 percent, adding billions in market capitalization to the company.
Source: YAHOO
Reported 6 months ago
Monica McNutt stunned Stephen A. Smith on ESPN's 'First Take' by criticizing his coverage of the WNBA, particularly in relation to a recent controversial foul in a game involving Caitlin Clark. McNutt pointed out that the league has a history of physical play and that the scrutiny over the foul was unwarranted, emphasizing that rookie players like Clark should be treated fairly and not babied. The debate led to a heated exchange between panelists before a commercial break was needed to calm the discussion.
Source: YAHOO
Reported 6 months ago
As the Boston Celtics and Dallas Mavericks prepare for an electrifying NBA Finals, there are several compelling storylines to follow. These include the rivalry between Kyrie Irving and Boston, Kristaps Porzingis facing Dallas, the first-ever championship matchup between Boston and Dallas in any major sport, Al Horford's potential last shot at a title, and the battle of superstar duos between Jayson Tatum and Jaylen Brown versus Luka Doncic and Kyrie Irving.
Source: YAHOO
Reported 6 months ago
E-Trade, owned by Morgan Stanley, is contemplating removing GameStop trader Keith Gill, also known as 'Roaring Kitty,' from its platform over concerns of potential market manipulation. A report from The Wall Street Journal states that internal discussions are ongoing at E-Trade and Morgan Stanley regarding Gill's actions, including a recent post showing a $175 million stake in GameStop that caused a 21% surge in the stock. The company is deliberating the implications of removing Gill amidst fears of backlash from his followers and potential regulatory scrutiny.
Source: YAHOO
Reported 6 months ago
Padres infielder Tucupita Marcano is facing a lifetime ban for betting on baseball, as reported by the Wall Street Journal. This comes amidst more players under investigation for similar actions as the legalization of sports wagering has made it easier to engage in such activities. The 24-year-old made his MLB debut in 2021 and is currently recovering from a torn ACL, becoming part of a growing concern regarding the integrity of professional sports amidst the rise of online gambling.
Source: YAHOO