Enterprise software company Oracle (ORCL) in recent days formed a partnership with an outfit that will strengthen its blockchain-related services, and Bank of America launched a cryptocurrency research team — the latest signs of major firms embracing decentralized finance. Blockchain can claim another believer among the nation’s top financial institutions in Franklin Templeton (BEN) CEO Jenny Johnson, whose fund manages more than $1.5 trillion in assets. Johnson told Yahoo Finance in a… Source link

Republican governors thought they had some deft counterprogramming with a strategy to spur workers back to their jobs: At least 25 GOP governors canceled federal jobless benefits for their citizens before the program expires in September. That was supposed to eliminate the incentive to stay home and collect benefits, while helping businesses lure badly needed workers. It also gave Republicans a pro-business policy alternative to the expansive government President Biden and Congressional… Source link

Britney Spears nabbed a big win in her conservatorship battle this week, after Judge Brenda Penny ruled that the pop star can now hire the attorney of her choosing.   On Wednesday, the singer appeared over the phone for the second time in two years following last month’s headline-making hearing in which the 39-year-old pop icon claimed she’s been “traumatized” by an “abusive” legal arrangement that grants her father, Jamie Spears, broad authority over her personal and financial affairs,… Source link

Moscow and Amsterdam, the Netherlands, July 16, 2021 – Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced that it has completed acquisition of 100% of Acropol Bank. The transaction received an approval from the Central Bank of Russia on July 5, 2021. As previously disclosed, the total consideration amounted to approximately RUB 1.1 billion (appx. $14.7 million), of which… Source link

What you don’t know about Social Security could cost you tens of thousands of dollars in retirement income, a new survey found. “What is overlooked is just the very basic fundamentals, which are Social Security and retirement age,” Christian Worstell, content writer for HelpAdvisor.com and report author, told Yahoo Money. “There’s a lack of awareness around it.” Six out of 10 seniors agree that the Social Security program is “difficult to understand and confusing,” while only 12%… Source link

What do you want to watch? Well, if the answer is a foreign-language film or TV show, and there’s no translated version available, you might be out of luck. Now one of Russia’s biggest tech firms is working on a solution. In a statement released last week, digital services giant Yandex revealed it has been working on a software prototype that would allow users to watch videos in their browser in another language. The program is capable of simultaneously translating the… Source link

By David Shepardson WASHINGTON (Reuters) -Ford Motor Co said on Friday it was recalling about 775,000 Ford Explorer SUVs worldwide for a steering issue linked to reports of six injuries in North America. The recall covers 2013-2017 model year vehicles that may experience a seized cross-axis ball joint that could cause a fractured rear-suspension toe link, which could significantly diminish steering control, increasing the risk of a crash. The recall covers 676,152 vehicles in North America,… Source link

F45 Training (FXLV), the fitness franchise backed by actor Mark Wahlberg, got a workout in its Wall Street debut on July 15. Shares of the Austin, Texas-based company rose as much as 11%, then briefly fell below the offer price of $16 a share, before closing up 1.3% to $16.20. In an interview with Yahoo Finance Live, Founder and CEO Adam Gilchrist compared F45’s IPO to that of another franchise fitness chain, Planet Fitness (PLNT). “We wanted to obviously be in a position to replicate the… Source link

(CNN) — Hikers looking to summit Scotland’s highest mountain and other peaks in the area are being sent up “potentially fatal” routes by Google Maps, the region’s mountaineering organizations have warned. The John Muir Trust said Thursday that growing numbers of people using Google Maps to navigate up Ben Nevis risk being directed via a route that is “highly dangerous, even for experienced climbers.” Ben Nevis, a popular tourist destination, is the highest mountain in the British Isles,… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, July 16, 2021 A market in motion tends to stay in motion   It’s already been a strong year for the U.S. stock market.  Through Thursday’s close, the S&P 500 (^GSPC) is up 16.1% year-to-date, while the Dow (^DJI) and Nasdaq (^IXIC) are both up more than 12%.  But index-level gains, of course, don’t tell the full story of what’s happening… Source link