SURFSIDE, Fla. (AP) — When the coronavirus ravaged Florida, Gov. Ron DeSantis defiantly bucked mask mandates. He later cracked down on protesters advocating racial justice, blasted President Joe Biden on immigration, jumped into the fight over transgender athletes and signed sweeping legislation to toughen voting rules. But after a deadly building collapse, the Republican governor is largely hitting pause on the culture wars. In the two weeks since a 12-story condo tower in this coastal… Source link

Yandex NV, the Dutch-domiciled Russian multinational internet company, often dubbed as the Google of Russia, had launched an e-scooter rental service in Moscow on Wednesday in a bid to draw fresh liquids amid a ballooning demand-surge across the city, an auspicious eavesdropping on to a new source of revenues. In point of fact, latest Yandex NV move to roll out an e-scooter rental service into Moscow, the Russ capital housing more than 12.5 million people, came forth at a… Source link

Mobile food ordering and delivery platform Grubhub, has partnered with Yandex Self-Driving Group (SDG), an autonomous vehicle developer, for a multi-year partnership that will see Yandex become Grubhub’s robot delivery provider on college campuses. The partnership will enable Grubhub university clients to deploy Yandex robots on campus for faster, more cost-effective deliveries that complement Grubhub’s existing delivery capabilities for colleges and universities. This will be… Source link

Stocks can flirt with a price bottom for a lot of reasons. Usually, however, investors will assume that there is something fundamentally unsound about the stock, or the company. Perhaps its business model is flawed, perhaps its product has grown unpopular – these, and many more factors can drive the share price down. But sometimes, perhaps just as often, a stock price will fall when there is no underlying unsoundness. A spate of bad news, a quarter that misses expectations, or a bad sales… Source link

Stock futures opened lower Thursday evening to extend a risk-off mood in markets, with the three major indexes pulling back from record levels as concerns over the pace of the economic recovery flared.  Contracts on the S&P 500 ticked down. The index closed lower by 0.9% during the regular trading day, with the financials and industrial sectors coming in as the biggest laggards. The Dow and Nasdaq each also dropped during the session, but closed well off intraday lows. U.S. equity investors… Source link

This story has been updated to include a statement from the Education Department. The Pennsylvania Higher Education Assistance Agency (PHEAA) — a national student loan servicer that has been criticized for failing to forgive the debts of public servants — is planning to exit the federal student loan servicing business in December of this year. PHEAA, which administers the Public Service Loan Forgiveness (PSLF) program and operates as FedLoan Servicing, has notified the Education Department… Source link

It’s far from a market in turmoil, but a day after stocks touched record highs it is a market getting drilled with some valid fears. The Dow Jones Industrial Average tanked nearly 500 points in early afternoon trading Thursday as investors showed concern that the plunge in the 10-year Treasury yield was signaling an economic growth slowdown later this year. Driving that potentially dreaded macroeconomic slowdown would be two factors, traders reasoned. First, the Delta variant of COVID-19 that… Source link

Yandex N.V.’s (YNDX Quick QuoteYNDX – Free Report) division Yandex Self-Driving Group is leaving no stone unturned to strengthen presence in the autonomous vehicle space through partnerships and product expansion. This is evident from Self-Driving Group’s latest collaboration with Just Eat Takeaway.com’s (GRUB Quick QuoteGRUB – Free Report) Grubhub for quicker and low-cost food deliveries on college campuses in the United States via its autonomous… Source link

As the commercialization and industrialization of space becomes more of an inevitability with every successful launch by companies like SpaceX and Virgin Galactic (SPCE), space debris, or space junk, is becoming a growing concern of both corporate and government aerospace entities alike. The European Space Agency (ESA) estimated that there are 29,000 objects larger than 10 centimeters, 670,000 objects larger than one centimeter, and more than 170 million objects larger than one millimeter… Source link

Stocks sank Thursday to give back gains after a record-setting session, with investors nervously eyeing signs that the economic recovery might get derailed. The S&P 500, Dow and Nasdaq were each off by more than 1%. This marked the first time since June that the S&P 500 opened more than 1% lower. A day earlier, the blue-chip index rose to a record closing high for the eighth time in the last nine sessions as concerns over a near-term monetary policy adjustment and sustainably high inflation… Source link