Americans are feeling the impact of rising prices, and the companies leveraging price increases appear to be at odds over how long the inflationary pressures will last. The Bureau of Labor Statistics reported on Nov. 10 that prices in October soared 6.2% year-over-year, the fastest annual rise in the Consumer Price Index since 1990. Some of those inflationary pressures are coming from higher prices of oil, but the breadth of price increases across different types of expenditure categories… Source link

By Michael Erman and Manas Mishra (Reuters) – Johnson & Johnson plans to spin off its consumer health division that sells Listerine and Baby Powder to focus on pharmaceuticals and medical devices in the biggest shake-up in the U.S. company’s 135-year history. The move by the world’s largest health products company follows similar announcements by conglomerates Toshiba https://www.reuters.com/technology/toshiba-set-announce-split-into-three-firms-shareholder-reaction-focus-2021-11-12 General… Source link

Dublin, Nov. 12, 2021 (GLOBE NEWSWIRE) — The “Russia Data Center Market – Investment Analysis and Growth Opportunities 2021-2026” report has been added to ResearchAndMarkets.com’s offering. Russia data center market size will witness investments of USD 2.02 billion by 2026, growing at a CAGR of 6.56% during 2021-2026 This report analyzes the Russia data center market share. It elaboratively analyzes the existing and upcoming facilities and data center investments in terms of IT, electrical,… 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, November 12, 2021 Higher yields, higher dollar As I promised several days ago, today is the day I dig into the idea of interest rate differentials. The inflation-driven concept is accretive for both the U.S. dollar and stock investors — even if soaring prices are a net negative for just about everyone else. In summary, prices are surging,… Source link

Here’s how to make your Google profile picture stand out.  Shelby Brown/CNET … Source link

What’s inside Google’s new Android 12 operating system for phones? We found some tricks that fly under the radar.  James Martin/CNET … Source link

Selected works by Johannes Vermeer, master of the use of light and shadow. Google … Source link

Stock futures opened higher Thursday evening after a mixed session in the markets, with both earnings and inflation data remaining at the center of investor attention. Contracts on the S&P 500 edged higher. Earlier Thursday, the index rose for the first time in three sessions, buoyed by a jump in technology stocks that posted a rebound after a drop on Wednesday. The index was on track to end the week marginally lower after five straight weeks of gains, but still held just slightly below… Source link

It may be a while longer before the Pixelbook gets its overdue reprise. Photo: Alex Cranz / Gizmodo If you’ve been holding out for a new Chromebook made by Google, you’ll have to keep waiting. A Chromebook team member just indicated there is no updated Pixelbook planned for 2022. Trusted Reviews reports that while attending a London-based event for Qualcomm, Google’s Chrys Tsolaki, retail partner manager for Chromebooks, commented on the future of Pixelbooks: “Next year there won’t… Source link

If you’re worried about a stock market correction, Jim Cramer just mentioned 5 ‘borderline unstoppable’ megatrends for the rest of 2021 Thanks to stretched valuations and rising interest rates, many Wall Street strategists expect significant stock market corrections on the horizon. But CNBC’s Jim Cramer believes there are still plenty of buying opportunities available — even over the very short term. The host of Mad Money explained that this is the time of year when institutional money… Source link