The semiconductor shortage roiling industries from automakers Ford and General Motors to industrial products maker 3M is unlikely to end in 2022, hints one of the foremost minds in the space. “There’s tremendous investment that’s happening across the semiconductor industry, whether you’re talking about on the wafer side or on some of the substrates or the back-end assets. So we are making progress. I do believe that the first half of this year will continue to be quite tight. But the second… Source link

Associated Press Court fight looms as questions swirl over Trump’s finances Questions about Donald Trump’s business practices are piling up. New York’s attorney general will go to court Thursday seeking to enforce a subpoena for Trump’s testimony in a civil investigation she says uncovered evidence his company used “fraudulent or misleading” valuations of golf clubs, skyscrapers and other properties to get loans and tax benefits. The hearing, before state Judge Arthur Engoron in… Source link

NEW YORK, Feb. 15, 2022 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for YNDX, AZN, EXPE, ABBV, and AMD. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock. Stock Report – Measures a stock’s suitability for investment with a proprietary scoring system… Source link

BEIJING — Figure skating prizes the value of keeping up appearances, smiling for the world while everything’s going to hell. But the sport can’t smile its way through this crisis. As Russia’s Kamila Valieva resumed competition at the Olympics on Tuesday despite a positive test for a banned drug, some peers broke a longstanding code of decorum and spoke out. “I think it’s completely unfair to the rest of the competitors,” Chinese American skater Zhu Yi told Yahoo Sports. “It’s the fact that… Source link

AMSTERDAM, Feb 15 (Reuters) – Apple (AAPL.O) and Google face a potential class action lawsuit in the Netherlands over app store charges, after a foundation headed by Dutch entrepreneur Alexander Klöpping began gathering claimants. The action, which still faces legal hurdles before any court hearing, reflects growing criticism over how much the two firms charge developers for payments on their app stores, while the Netherlands has become increasingly popular as a jurisdiction to pursue… Source link

The legalization of sports betting across the country didn’t stop people from wagering a record amount of money on the Super Bowl this year. Nevada’s Gaming Control Board said Monday that nearly $180 million was wagered on the Los Angeles Rams’ 23-20 win over the Cincinnati Bengals. The $179.8 million wagered is a state record and easily eclipses the previous record set four years ago. The 2022 Super Bowl was essentially the first mainstream sports betting Super Bowl in American history…. Source link

Yandex NV YNDX reported fourth-quarter FY21 revenue growth of 54% year-on-year to $1.485 billion. Yandex is one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia. Revenues from Online advertising grew 26% Y/Y to RUB 48.4 billion, Taxi segment, excluding sales of goods, rose 86% Y/Y to RUB 32.9 billion, sales of goods increased 74% Y/Y to RUB 17.7 billion, and Other revenues grew 111% Y/Y to RUB 11.3 billion. The total cost of… Source link

MOSCOW, Feb 15 (Reuters) – Russian internet giant Yandex on Tuesday reported a sharp drop in adjusted annual net profit, but said total revenue could surge this year to around $6.5 billion, driven in part by high turnover growth in e-commerce. Yandex’s core advertising business, which accounted for 47% of total revenue in the fourth quarter of 2021, suffered during the early stages of the COVID-19 pandemic, but surging interest in online transactions allowed its other… Source link

(Adds quotes from call, analyst comment) By Alexander Marrow and Gleb Stolyarov MOSCOW, Feb 15 (Reuters) – Russian internet giant Yandex on Tuesday reported a sharp drop in adjusted annual net profit, but said total revenue could surge this year to around $6.5 billion, driven in part by high turnover growth in e-commerce. Yandex’s core advertising business, which accounted for 47% of total revenue in the fourth quarter of 2021, suffered during the early stages of the COVID-19 pandemic, but… Source link

Yandex Announces Fourth Quarter and Full-Year 2021 Financial Results MOSCOW and AMSTERDAM, the Netherlands, February 15, 2022 — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2021. Q4 and FY 2021… Source link