Yearly Archives: 2021

How to watch on Yahoo

On Wednesday February 24th, Yahoo will continue their celebration of Black History Month with the event Black History is American History. This hour-long virtual panel will include entrepreneur and philanthropist Percy “Master P” Miller, ESPN host and personality Elle Duncan, Cook County State’s Attorney Kim Foxx and NFL player and best selling author Sam Acho. The panel will be led by Yahoo Finance’s Kristin Myers and will feature a virtual town hall style discussion with questions… Source link

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Lucid Motors and Churchill Capital confirm SPAC deal: CCIV share tank

Bloomberg Wall Street Is Inflation-Proofing Its Debt-Market Portfolios (Bloomberg) — From money managers at BlackRock and T. Rowe Price, to analysts at Goldman Sachs, to the credit shops run by Blackstone and KKR, a new economic reality is prompting Wall Street’s most powerful forces to adjust their investment strategies.The rise in inflation set to accompany the post-pandemic economic boom is threatening to reverse the four-decade decline in U.S. interest rates, sparking a rush to protect… Source link

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Tesla, Square Make $5B On Bitcoin Investment While Small Cap Crypto Stocks Surge

Bloomberg Lucid Motors Agrees to Go Public With $24 Billion Valuation (Bloomberg) — Lucid Motors Inc. is merging with a blank-check company run by financier Michael Klein that values the combined entity at a pro-forma equity value of $24 billion, the biggest in a series of deals involving electric-vehicle startups cashing in on investor appetite for battery-powered cars.The carmaker has shied away from comparisons to market leader Tesla Inc., but the public listing positions it to compete for… Source link

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Mariners prez apologizes for controversial remarks

Seattle Mariners president and CEO Kevin Mather issued an apology Sunday night after a video surfaced on YouTube of controversial remarks he made to the Bellevue Breakfast Rotary Club on Feb. 5. During the video conference with the club, which lasted over 45 minutes and included a question and answer portion, Mather made racist remarks criticizing his own players’ English skills, called a player overpaid, got the name of one of the team’s prospects wrong, trashed the facilities of their own… Source link

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Stock futures open higher, shaking off earlier losses

Stock futures opened slightly higher Monday evening, steadying after steep regular-session losses in the S&P 500 and Nasdaq.  During the regular session, the S&P 500 fell for a fifth straight day for its longest losing streak since February 2020, and the Nasdaq posted its worst day in a month as investors rotated away from growth and tech stocks. Shares of airlines, cruise lines, lodging companies and other service-based beneficiaries of a post-pandemic economic reopening rallied strongly,… Source link

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Biden asks high court to drop 2 Trump-era Medicaid cases

The Guardian Covid has killed 500,000 in the US. That’s more than the population of Miami This tragedy was preventable. It happened because Republican politicians believe some people are worth more than others ‘Coronavirus is different, generating neither equal suffering nor equal concern.’ Photograph: Patrick Semansky/AP Five hundred thousand deaths can be hard to picture. But we have to try. Imagine, for instance, that everyone in Miami, Colorado Springs or Minneapolis died in the course… Source link

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Square’s $50M Bitcoin Buy Is Now Worth $253M

Bloomberg Inflation Angst Is About to Rewrite the Stock Market Playbook (Bloomberg) — For bond investors, inflation is pretty much all bad news, eating into the value of future returns. For equity traders, the tidings can be less categorically awful, given the ability of certain companies to wring profits from higher prices.While there will be plenty of stock-market casualties should price pressures perk up, history suggests the landscape isn’t devoid of opportunity. Energy shares have been… Source link

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