MOSCOW (Reuters) – Russian state bank VTB is ready to consider increasing its stake in internet company Yandex should Yandex decide to raise funds on the market, Interfax quoted First Deputy Chief Executive Yuri Soloviev as saying on Friday. Reporting by Maxim Rodionov; Writing by Katya Golubkova; Editing by Mark Heinrich Source link

(Bloomberg) — For Biogen Inc., the Food and Drug Administration’s expected decision Monday on its Alzheimer’s drug is what a JPMorgan Chase & Co. analyst called “the mother of all binary events” — one that could send its shares veering sharply in either direction. If regulators give the company approval to market the drug, called aducanumab, the stock could surge to as much to $450, according to Wall Street analysts. Or it could tumble to $200 if the treatment is shot down,… Source link

A high school football coach in Ohio was fired Thursday after forcing a player to eat pork as a punishment, according to the New York Times. The incident occurred after a senior on the Canton McKinley High School football team missed an optional practice. On May 24, the 17-year-old player was reportedly forced by coaches to eat an entire pepperoni pizza as punishment. The player is a Hebrew Israelite, and cannot consume pork for religious reasons.  The player was reportedly told he had to eat… Source link

As economic activity bounces back and the labor market continues to improve, RSM Chief Economist Joe Brusuelas told Yahoo Finance Live the U.S. economy is “entering boomtown.” “I think we’re about to pivot from recovery to expansion in the economy,” Brusuelas said. “It’s appropriate that members of the Federal Reserve begin to signal to markets that things are not going to be the same forever. It’s appropriate [for the Fed] to begin to think about tapering the pace of asset… Source link

The ongoing inflation spike proves that the economic recovery is either gaining strength or flying off the rails, depending on whom you ask.  BlackRock (BLK) CEO Larry Fink on Wednesday warned that investors are in for a “big shock” as prices rise. That ominous prediction came days after President Joe Biden said “we all benefit” from the uptick in U.S. wages that some consider a key driver of rising inflation.  In a new interview, billionaire Todd Boehly — co-founder and CEO of holding… Source link

The 2021 French Open continues Friday with a major upset on the women’s side. Follow along below for the latest upsets and surprises. Anastasia Pavlyuchenkova stuns Aryna Sabalenka to move to fourth round The top-seeded women’s player at the 2021 French Open fell in the third round. Belarusian Aryna Sabalenka — the world’s No. 3 — was upset by Russian Anastasia Pavlyuchenkova — ranked No. 31— in the third round of the tournament.  Pavlyuchenkova battled back against Sabalenka to take… Source link

Oddsmakers think Denver is facing a tough road against the Phoenix Suns without Jamal Murray.  The two teams are set to meet in the second round of the Western Conference playoffs after Denver closed out Portland in six games on the road Thursday night and Phoenix followed suit hours later with a Game 6 win on the road over the Los Angeles Lakers.  Phoenix — the No. 2 seed — is the favorite to win the series at -225 according to BetMGM. No. 3 seed Denver is +180.  Both teams got massive… Source link

Sundar Pichai, Alphabet CEO David Paul Morris | Bloomberg | Getty Images Google is moving parts of its popular YouTube video service from the advertising company’s internal data center infrastructure to the company’s cloud service, the head of Google’s cloud said. The effort indicates Google is looking inward as it seeks to expand its share of the growing cloud-computing market and become less reliant on advertisements appearing on its web search engine and other properties. Historically, Google… Source link

Apple’s (AAPL) annual WWDC, or Worldwide Developers Conference, kicks off on Monday, and while it won’t be the usual in-person extravaganza, the company is still expected to announce a slew of major updates to everything from the software powering your iPhone and iPad to, possibly, a new MacBook or two. Here’s everything Apple could debut at the all-virtual show. Apple’s iOS 15 and iPadOS 15 The biggest news from WWDC always includes changes to Apple’s most important operating system:… Source link

PHOTO: PixieMe Google Marketing Livestream 2021 featured marketing innovations in lead generation, audience insights, search image ads, customer data privacy and in-app content on YouTube and digital video. “Overall, a lot of these changes are in line with Google’s shift toward improved on-page experiences,” said Salman Aslam, head of marketing at MuchNeeded.  “I’m most interested in how the Google Analytics and reporting updates will play out. The extended modeling should, as… Source link