The hotel industry is unlikely to fully recover from the COVID-19 pandemic-caused labor shortage anytime soon as it battles with retailers, restaurants and others for workers, while also dealing with a bumpy demand recovery.  About 500,000 direct hotel operations jobs lost during the pandemic in the U.S. will not have returned by the end of the year, according to a new study from the American Hotel & Lodging Association (AHLA). The U.S. hotel industry is expected to directly employ 1.86… Source link

Self-driving features have been creeping into automobiles for years, and Tesla (TSLA) even calls its autonomous system “full self-driving.” That’s hype, not reality: There’s still no car on the market that can drive itself under all conditions with no human input. But researchers are getting close, and automotive supplier Mobileye just announced it’s deploying a fleet of self-driving prototypes in New York City, to test its technology against hostile drivers, unrepentant jaywalkers,… Source link

(Bloomberg) — The 2021 Bitcoin bubble is deflating and hitting a $1.3 trillion industry built on to-the-moon speculation and rampant leverage. The damage from the latest selloff is spreading across the world of crypto loans, options and futures — wiping out money-spinning strategies from the famous basis trade to yield farming. Even with Wednesday’s rebound, Bitcoin at around $31,700 is still trading near the lower end of its range over the past two months, and down about 50% from the April… Source link

  Prince Harry and Meghan Markle are once again expanding their business and media empire — over one year after exiting the royal family. Riding the momentum from the couple’s blockbuster televised interview, Prince Harry confirmed that he’ll be publishing a memoir with Penguin Random House, set for a 2022 release date.  This week, Page Six reported that Harry is set to make at least $20 million upfront from the deal, although the royal said on Monday that he would be donating all proceeds… Source link

When President Biden and 10 bipartisan senators reached an infrastructure agreement in June, increased IRS enforcement was a key for how to pay for it. The idea, which has long been pushed by policymakers on both sides of the aisle, was to staff up the IRS now with the promise that the investment would be paid back in spades as more tax cheats were caught. But a wave of Republican pushback led to the idea getting nixed. The lead Republican negotiating the deal, Sen. Rob Portman of Ohio, Source link

All the sessions from Transform 2021 are available on-demand now. Watch now. A day after its Security Summit, Google announced new features heading to Looker, the business intelligence platform it acquired in 2019 for $2.6 billion. The newest version of Looker — Looker 21 — introduces a revamped portal and extension framework as well as support for hosting on Microsoft Azure. Looker makes use of a modeling language called LookML that lets data teams define the relationships… Source link

As the highly transmissible Delta variant spreads nationwide, the Centers for Disease Control and Prevention (CDC) and the State Department urged Americans to avoid traveling to the UK. But that’s not going far enough, U.S., Dr. Ebony Jade Hilton, GoodStock Consulting co-founder and medical director, told Yahoo Finance Live. In fact, Americans should be careful traveling to certain areas within the U.S. “If we’re going to talk about traveling to the U.K., then we should also caution… Source link

If your out-of-warranty Pixel 4 XL has been exhibiting some problems, you might be able to get a free repair. Google recently posted a support page outlining a “one-year extended repair program” for the larger of its two 2019 flagships. Those who are eligible can receive a free repair for up to a year after their original warranty expires. As for who’s covered by this program, Google points to “certain power-related issues.” More specifically, the company says these are the… Source link

Tension between President Joe Biden and tech giant Facebook (FB) stands at a fever pitch, even after Biden on Monday walked back earlier remarks accusing social media platforms of facilitating the spread of vaccine misinformation and contributing to U.S. deaths from COVID-19, New York Times technology reporter Cecilia Kang told Yahoo Finance on Monday. “It felt like he was actually retreating a little bit — but the frustration and tension right now between the White House and Facebook still… Source link

(Bloomberg) — Moderna Inc. joins the S&P 500 on Wednesday as the index’s the best performing stock this year — by a mile. The move caps the drugmaker’s transformation from an early-stage biotech to a vaccine maker supplying Covid shots to the world. With a gain of more than 180% so far in 2021, Moderna’s share performance tops the index’s existing leader, L Brands Inc., which has risen about 100%. In the runup to its inclusion in the U.S. benchmark, Moderna’s stock has made fresh… Source link