Stock futures opened lower after another slide in equity markets during the regular trading day, with investors rotating further away from growth and technology stocks that had outperformed early on during the pandemic.  Earlier, the Nasdaq dropped another more than 1%, adding to losses after sinking into a correction earlier this week. The Nasdaq Composite has now fallen nearly 12% from its most recent record high from November.  Shares of Netflix (NFLX) sank in late trading after the Source link

Piles of looted packages littering Los Angeles’ tracks have become a testament to brazen train robberies, but according to Union Pacific Corp. (UNP), the problem is under control. Thieves have been breaking into cargo train containers and stealing countless dollars worth of merchandise that belong to top retailers like Amazon (AMZN), REI, Target (TGT), among others.  Images of the pillaging in L.A. have gone viral on social media, and aggravated a relentless supply chain crisis that’s delayed… Source link

During his marathon press conference this week, President Joe Biden acknowledged the reality of the stalemate on Capitol Hill and announced that he would change tactics on his signature Build Back Better legislation and try to pass it in pieces. “I’m confident we can get pieces — big chunks of the Build Back Better law signed into law” he told the assembled reporters. Later during the event, the president highlighted two areas in particular: $500 billion around energy and climate… Source link

Mustafa Suleyman, a pioneer in the field of artificial intelligence, is leaving Google to join the venture capital firm Greylock Partners. The departure of Mr. Suleyman, who was Google’s vice president of product management and policy for artificial intelligence, closes a tumultuous tenure at the company. He joined Google in 2014 when the search giant acquired DeepMind, a cutting-edge artificial intelligence research lab, in a deal valued at $650 million. The deal demonstrated the value of… Source link

His 2021 season was impacted by an injury, but one fantasy football analyst sees a massive ceiling for D’Andre Swift in 2022. Spurred by heavy passing game usage early and back-to-back career-best rushing games, Detroit Lions running back D’Andre Swift was RB5 in full PPR fantasy scoring from Week 1-11 this season. It was notable that those back-to-back 130-plus yard rushing contests came in head coach Dan Campbell’s first two games as the new offensive play caller. Then, Swift suffered… Source link

What to expect from Tim Anderson in 2022 originally appeared on NBC Sports Chicago Chicago White Sox fans have watched Tim Anderson develop into one of the game’s preeminent shortstops. And nothing about that changed in 2021. Anderson was again excellent. His batting average — .240 at the end of the 2018 season and now expected to soar well north of .300 on an annual basis — wasn’t as high as his batting-title-capturing .235 from two years prior, or even as high as it was during the… Source link

Jan 20 (Reuters) – Google is filing an appeal at the European Union’s top court against an earlier decision to uphold a $2.8 billion antitrust fine, a spokesperson for the Alphabet (GOOGL.O) unit said late on Thursday, the company’s second bid to overturn the penalty. EU Competition Commissioner Margrethe Vestager fined the world’s most popular internet search engine in 2017 over the use of its own price comparison shopping service to gain an unfair advantage over smaller European rivals. The… Source link

The question asked by Nina Strohminger to her students at the Wharton School at the University of Pennsylvania was straightforward: What did they think the average American makes in annual wages? Some of the answers, however, were not what the professor of legal studies and business ethics could have expected from one of America’s most prestigious business schools, she said. Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post. “I asked… Source link

Angela Rasmussen, a virologist and at the Vaccine and Infectious Disease Organization at the University of Saskatchewan, told Yahoo Finance Live that ending the COVID-19 pandemic isn’t likely to end anytime soon. “Endemicity is what we’re really talking about,” she said.  One reason COVID-19 may be here to stay is because of its ability to infect different animals. “I don’t think that elimination is going to be possible with this virus. This virus infects a number of different animal species… Source link

The Nasdaq Composite (^IXIC) finally slipped into correction territory Wednesday for the first time since March 2021 — prompting bearish headlines and warnings from pundits. But a Yahoo Finance analysis of nearly 50 years of Nasdaq data reveals this may be a short-term buying opportunity. A market correction is traditionally identified as a drop of 10% or more from a recent high, measured from the closing high to the closing low. The threshold is admittedly arbitrary, but nevertheless it… Source link