Bloomberg Six Reasons Asia’s Oil Refiners Aren’t Going Away Anytime Soon (Bloomberg) — Predictions of peak oil and the impending demise of fossil fuels will hit Asian oil refiners especially hard. The region is home to three of the top four oil-guzzling nations, and more than a third of global crude processing capacity. Yet, Asian refiners are expanding at a breakneck pace, even building massive new plants designed to run for at least half a century.What is going on?After a century of… Source link

It took Amazon 13 years to deliver a 10,000% return to investors. It has now taken Dogecoin five months. The cryptocurrency (DOGE-USD) hit a new all-time high of $0.60 on Tuesday, pushing Dogecoin’s market cap north of $70 billion to become the fourth-most valued coin, according to Yahoo Finance’s data partner CoinMarketCap. That’s now larger than the market cap of Moderna, one of the companies shipping COVID-19 vaccines to save the world from the pandemic. That means a $1,000 bet placed on… Source link

Verizon is selling its Verizon Media unit for $5 billion to Apollo Global Management, Inc, and while Yahoo Small Business will not be included in the sale, it could mean a rebranding is in its future. That’s because after the sale, Verizon Media will be known as Yahoo (Verizon will retain a 10% stake in the company), which will continue to be led by CEO Guru Gowrappan. “Verizon Media is comprised of iconic brands such as Yahoo and AOL, as well as leading ad tech and media… Source link

Yahoo! Answers shut down Tuesday after nearly 16 years of inquiries from the internet’s curious minds. As a final send-off, NPR gets to the bottom of some of these important questions. Source link

Bloomberg Pfizer Sees $26 Billion From Covid Shot, Big Potential Ahead (Bloomberg) — Pfizer Inc. laid out a plan to turn its Covid-19 vaccine into a long-term business, clinching supply agreements that will yield $26 billion in sales this year while expanding the shot to children and developing new formulations that can combat variants and be stored more easily.The drugmaker’s revenue forecast was an increase from $15 billion, reflecting the strong demand worldwide for a return to normalcy…. Source link

An Education Department (ED) secretary during the George W. Bush administration said she was opposed to student debt cancellation and free community college because those policies would distort the value and price of post-secondary education credentials. “We need to empower consumers with better information about how much they spend and what the value of it is in the marketplace,” former Education Secretary Margaret Spellings said on Yahoo Finance Live (video above). “We need to reward… Source link

‘Prince Charles sausage fingers’ is the seventh most popular Google search in the UK. According to website Cornwall Live, the cheeky phrase has made it into the top 10 most popular queries submitted on the search engine in Britain, while ‘Prince Charles fingers’ is the 20th most popular. The reason for the popularity of the search is because the Prince of Wales – who also holds the title of Duke of Cornwall – suffers from a condition called… Source link

The U.S. COVID-19 vaccine rollout has led to roughly 145.3 million Americans receiving at least one dose and 104.8 million who are fully vaccinated. But the country is now approaching an impasse, with a large share of adults who are now eligible for the vaccine simply choosing not to get it. “The last three months were people who really, really wanted the vaccine and were going to do anything to get it,” Dr. Anand Swaminathan, an NJ-based emergency medicine physician, said on Yahoo Finance… Source link

Google is celebrating Star Wars Day. Lucasfilm Google celebrated May the 4th, aka Star Wars Day,… Source link

Angela Lang/CNET It’s over. On May 4, Yahoo Answers went offline, putting an end to one of the weirdest, oldest and… Source link