Yearly Archives: 2021

Kelly Oubre Jr., Hornets agree to 2-year, $25M deal

Free agent wing Kelly Oubre Jr. and the Charlotte Hornets agreed to a two-year, $25 million deal, agent Torrel Harris of Unique Sports International Management told Yahoo Sports. In a free agent landscape in which cap space is drying up, Oubre Jr. is securing one of the few remaining deal structures that is above the midlevel exception of $9.5 million. Oubre Jr., 25, will be in prime position for major payday at the conclusion of this deal as he’ll only be in his late 20s. Free agent wing… Source link

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The family of an unvaccinated Florida man who died of COVID before he could get a shot will hold a vaccine and testing site at his funeral

A volunteer receives an injection from a medical worker during the country’s first human clinical trial for a potential vaccine against the novel coronavirus, at Baragwanath Hospital in Soweto, South Africa, June 24, 2020. Siphiwe Sibeko/Reuters A Florida family of an unvaccinated man will hold a vaccine and testing site at his funeral. Marquis Davis wanted to get the vaccine after he was hospitalized but it was too late, his wife told WFTV. The family, along with their church, will offer the… Source link

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Infrastructure deal is a good ‘down payment on climate:’ Milken’s Dan Carol

The $1 trillion bipartisan infrastructure plan before Congress is inching closer to becoming law. And though the investments in climate change have been scaled back, the bill still includes more than $150 billion to boost clean energy. Milken Institute Public Finance Program Director Dan Carol tells Yahoo Finance Live that the bill is a good start, but more needs to be done in order to address America’s vast energy infrastructure needs. “I think it’s a very good down payment on climate…. Source link

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2 things are becoming apparent about crypto: Fidelity exec

The cryptocurrency space continues to be characterized by conversations surrounding its adoption and investment by large institutional investors. Landmark events like Coinbase’s (COIN) direct listing in April may suggest that digital currencies are beginning to break into the mainstream. According to Fidelity Digital Assets President Tom Jessop, however, there are two emerging themes that are becoming apparent about cryptocurrency. “What’s apparent are two things — this is seen as its… Source link

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Largest wildfire in U.S. decimates a Northern California town

Battalion Chief Sergio Mora reacts as the Dixie Fire tears through Plumas County, Calif., on Wednesday. (Noah Berger/AP) Nichoel Farris had been living on an apple farm in Greenville, Calif., for four years with her husband, Paul. The farm, located in the High Sierra of Northern California, about 150 miles north of Sacramento, was where they grew sunflowers, raised chicks, rode horses and grew apples. Now all that’s left is a pile of ash and blackened tree trunks. The Dixie Fire, driven by… Source link

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Warren Buffett’s Berkshire Hathaway recovers from coronavirus slowdown

By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway Inc on Saturday said many of its businesses are enjoying strong recoveries from the early depths of the coronavirus pandemic, fueling rebounds in profits and revenue. The company Buffett has run since 1965 also signaled the billionaire’s confidence in its future by repurchasing $6 billion of its own shares in the second quarter, even as its stock price regularly set new highs. Omaha, Nebraska-based Berkshire’s manufacturing,… Source link

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Why China is cracking down on certain publicly-traded companies, according to Carson Block

Short seller Carson Block gained notoriety for exposing the fraudulent accounting practices of U.S.-listed Chinese companies. But the founder of Muddy Waters Capital now believes the days of Chinese companies tapping American capital markets are over. In an interview with Yahoo Finance Live, Block attributed the recent regulatory crackdown on China’s largest firms to an acceptance by Beijing’s leadership that the delisting of its U.S.-listed firms is “inevitable.” “I think Xi Jinping is… Source link

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How to overcome COVID-19 going forward

Passengers wait in a long line to get a COVID-19 test to travel overseas at Fort Lauderdale-Hollywood International Airport, Friday, Aug. 6, 2021, in Fort Lauderdale, Fla.. (AP Photo/Marta Lavandier) Where exactly do we stand with the pandemic right now? A few months ago when vaccination rates were accelerating and COVID-19 cases were plummeting, it seemed we were out of the woods. Offices, colleges and universities, sports leagues, resorts and concert halls were making plans to fully reopen,… Source link

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Billionaires like Warren Buffett are exploiting this retirement account — you can, too

Billionaires like Warren Buffett are exploiting this retirement account — you can, too Here’s one trick you can easily copy from the world’s wealthiest. After all, it was designed for you in the first place. Tycoons like Warren Buffett and PayPal founder Peter Thiel have been hoarding millions or even billions of dollars in tax-sheltered retirement accounts, according to a recent report from ProPublica. Leaked tax documents show Individual Retirement Accounts (IRAs), originally created to… Source link

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