Jurors completed a sixth day of deliberations without a verdict in the criminal fraud case against former Theranos CEO Elizabeth Holmes on Wednesday, and a docket entry confirming that a sealed 23-minute proceeding took place on Tuesday remained a mystery. Deliberations are scheduled to resume on Monday, Jan. 3, 2022, at 8:30 A.M. Pacific Time. Federal District Court Judge Edward Davila didn’t reveal why the matter was shielded from public view. Both the government’s lawyers and Holmes’… Source link

Longtime ESPN college basketball announcer Dick Vitale said on Wednesday that he is taking a step back from the broadcast booth amid his latest battle with cancer. Vitale announced in October that he had been diagnosed with lymphoma, his second cancer diagnosis in three months. After meeting with a throat specialist in Massachusetts this week, Vitale said it was recommended that he take a break. “I’ve been having some issues with my voice and I needed to see what was going on,” Vitale Source link

Peloton is ending the year on an ominous note, if the tale told by Google search volume is to be believed. U.S. search trends for Peloton show a 30% year-over-year drop in the fourth quarter of this year. U.K. and Germany showed an even larger year-over-year decline. “Historically, Google search trends data has correlated well with Peloton hardware sales,” wrote Raymond James analyst Aaron Kessler. “Based on our updated analysis, the search trends data indicates… Source link

It’s been a blockbuster year for ETFs, with over $900 billion in flows to the space. Dave Nadig, CIO and director of research at ETF Trends, discusses the big moments in ETFs and what to expect looking forward into 2022 on Yahoo Finance’s “ETF Report.” With nearly $670 billion going into primarily U.S. equities, one of the biggest stories wasn’t actually a story at all; big, cheap beta was the name of the ETF game for 2021…. Source link

Cam Newton‘s streak of five straight starts for the Carolina Panthers is coming to an end. Head coach Matt Rhule announced on Wednesday that Sam Darnold, not Newton, would start Week 17’s game against the New Orleans Saints. Newton was signed by the Panthers after Week 9 when Darnold, who had began the season as QB1, went down with a partially fractured scapula. Newton appeared on the field a few times in Week 10, scoring two touchdowns over just nine offensive snaps. That win for the… Source link

First-time unemployment filings are expected to tick up slightly from last week’s reading but remain near pre-pandemic lows, signaling continued recovery in the labor market as high demand for workers pours into the new year. The Labor Department is scheduled to report the latest in initial and continuing claims on Thursday at 8:30 a.m. ET. Here are expectations for the prints, according to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Dec. 25: 207,000… Source link

President Biden visited with well over 100 top business leaders and CEOs during his first year in office. That comes according to a Yahoo Finance analysis of the president’s public schedule since Jan. 20. He met virtually and in-person with leaders to cover issues like supply chains, COVID-19 vaccines, the semiconductor shortage, his legislative agenda and more. The most frequent guests — with three interactions each — were Ford (F) CEO Jim Farley, General Motors (GM) CEO Mary Barra,… Source link

Victoria’s Secret stock (VSCO) is poised to look much sexier over the next 12 months, says closely followed JPMorgan retail analyst Matt Boss.  Boss reiterated his Overweight (buy equivalent) rating and $100 price target on Victoria’s Secret on Wednesday after a host of positive news from the intimate apparel retailer sent its stock higher by 11% to $53.  First, the company revealed a new $250 million stock buyback plan. The plan is the first buyback for Victoria’s Secret since being… Source link

Start saving those pennies as driving your car may cost way more in 2022, predicts gas price tracking firm GasBuddy.  In a new study released on Wednesday, GasBuddy forecasts the nationwide average price for gas will be $3.41 in 2022. The current price nationwide averages about $3.29. GasBuddy thinks prices could near $4 a gallon by June as drivers take to the roads for the summer.  As no surprise, California is seen as primed for more gas price inflation in 2022.  GasBuddy thinks gas prices… Source link

It’s the end of the road. The grand finale. The final stop. The last curtain call. This column has been really fun to write this season and I hope I helped some of you prevail in tough roster situations with my weekly shoot-the-moon picks. [Play in Yahoo’s Week 17 Million Dollar Baller DFS contest] Week 17 presents the usual injury and COVID-19 challenges, along with some players possibly being shut down early in preservation for the real NFL playoffs. Here are a handful of guys who may help… Source link