This is what the Washington Commanders signed up for. In the aftermath of the reported trade that sent quarterback Carson Wentz from the Colts to the Commanders on Wednesday, details emerged from what went on behind the scenes in Indianapolis. Among those details is a reported apology from head coach Frank Reich for vouching for Wentz in the first place. Before joining the Colts as head coach in 2018, Reich spent two seasons as the offensive coordinator for the Wentz-led Philadelphia Eagles…. Source link
Read More »Monthly Archives: March 2022
Amazon Jumps on Plan to Split Stock, Buy Back Up to $10 Billion
(Bloomberg) — Amazon.com Inc. is planning to split its stock for the first time in more than two decades in a move that will end an era of four-digit stock prices for the biggest U.S. technology companies. Most Read from Bloomberg Amazon intends to boost its outstanding shares by a 20-to-1 ratio, under a plan disclosed late Wednesday, joining other technology giants like Alphabet Inc. and Apple Inc. who have turned to splits to make their stocks more attractive to retail investors. That news… Source link
Read More »Crypto players hail ‘shot in the arm’ from Biden’s executive order
The Biden administration on Wednesday issued a long-awaited executive order to comprehensively study cryptocurrencies, effectively firing the starting pistol for Congress and other federal agencies to begin crafting oversight of digital tokens. The blueprint, arriving at a time when markets are being roiled by the conflict between Russia and Ukraine, which has spilled over into crypto, was mostly hailed by industry players who have been nervous about the government’s moves to create a… Source link
Read More »Stock futures little changed after S&P 500, Dow, and Nasdaq cap losing streak
U.S. equity futures were flat heading into overnight trading Wednesday after stocks ended a losing streak to log their best session in two years. All three main benchmarks closed higher for the first time in four days and commodity prices retreated from a recent spike as investors looked optimistically toward a possible de-escalation of Russia’s war in Ukraine. Contracts on Wall Street’s key hovered near the flatline in post-market trading after the S&P 500 notched its best day since June… Source link
Read More »Arizona State blows 14-point lead in 3 minutes
When Arizona State’s Kimani Lawrence threw down a dunk and got fouled with 3:01 left, the Sun Devils’ Pac-12 tournament game should have been over. At that point, Arizona State led Stanford 69-55 with Lawrence going to the line. Those who bet Arizona State -3.5 at BetMGM were finding other conference tournament games to watch. ASU was a win. Or, it should have been. Arizona State reached a 99.4 percent win probability with three minutes left, according to ESPN. Anyone who didn’t stick around… Source link
Read More »Professors and politicians just don’t understand
A new podcast episode has caught the attention of Danny Sullivan, Google’s search liaison. Via Twitter, Sullivan called out the host (a politician who made an unsuccessful run for president in 2020) and his guest (a professor) for badly misunderstanding how personalization works in Google search. Ramesh Srinivasan, a UCLA professor and author of books on the impact of technology on our lives, joined the “Forward with Andrew Yang” podcast for an hour of conversation… Source link
Read More »Lack of diversity within companies is costing trillions
Diversity, equity, and inclusion (DEI) efforts have become crucial in shaping the cultures of companies around the world. With DEI considered to be a part of the broader environmental, social, and governance (ESG) criteria that a multitude of global firms now make an effort to adhere to, many job seekers today cite diversity as being critical in how and where they look for work. According to a recent report published by Bank of America (BAC) Global Research, a lack of diversity within… Source link
Read More »Another 227,000 individuals filed new claims last week
Applications for unemployment insurance inched up higher than expected in the latest weekly data but extended a broader trend downward after surging COVID-19 infections earlier this winter briefly disrupted the labor market’s recovery to start the year. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended March 5:… Source link
Read More »Restaurants are suing Google for creating digital storefronts
A group of restaurants is suing Alphabet Inc’s Google for intellectual property right infringement in a proposed class action lawsuit that claims the tech giant uses “deceptive online ordering practices” to list restaurants in digital storefronts without their consent. According to the lawsuit, the restaurants claim that Google is using the businesses’ names, logos and trademarked images to redirect users to these popup storefronts, which… Source link
Read More »Biden administration ‘making sure consumers are not taken advantage of,’ official says
Americans across the country are feeling the cost of war as they head to the gas pumps. Gas prices haven’t yet reached record highs (when adjusted for inflation), but they are at levels not seen since 2008 as a result of the Russian invasion of Ukraine and ensuing sanctions. On Tuesday, President Biden announced the ban on Russian energy imports — and warned about the ripple effects for regular Americans. And according to Brian Deese, director of the White House’s National Economic Council,… Source link
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