The logo for Google LLC is seen at their office in Manhattan, New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register OAKLAND, Calif., March 2 (Reuters) – Alphabet Inc’s (GOOGL.O) Google from April 4 will require employees back about three days a week in some of its U.S., U.K. and Asia Pacific offices, its first step to end policies that allowed remote work because of COVID-19 concerns. An internal email on Wednesday… Source link

Initial jobless claims are expected to dip to a three-week low in the latest weekly data, as the U.S. labor market recovery presses ahead while Omicron-related disruptions retreat. The Labor Department is set to release its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here are the main metrics expected from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Feb. 26: 225,000 expected, 232,000 during prior week Continuing claims,… Source link

All in all, the stock market is hanging tough in what has been a turbulent two weeks for humanity. The Dow Jones Industrial Average is up more than 600 points on Wednesday as of this writing. Both the S&P 500 and Nasdaq Composite are nearing gains of 2%. All three major indexes are nicely off the lows hit by the close of trading on Feb. 23, a mere hours before Russia invaded Ukraine. Every member of the FAANG [Facebook/Meta, Apple, Amazon, Netflix, Google/Alphabet] cohort has gained in the… Source link

Asset manager Bill Browder, who for years specialized as an investor in major Russian firms, told Yahoo Finance on Tuesday that cryptocurrency exchanges should be closed if they do not suspend accounts owned by Russians. The remarks come days after Ukraine’s vice prime minister called on a slew of major cryptocurrency exchanges — including Coinbase (COIN) and Binance — to stop servicing Russian accounts that may help the country blunt or circumvent sanctions. Coinbase and Binance rejected… Source link

Josh Edelson | AFP | Getty Images Google said it will end the voluntary work-from-home period and start having employees in the Bay Area and several other U.S. locations return to the office starting the week of April 4.  “It’s been a long and challenging two years since the vast majority of our people started working from home,” wrote John Casey, Google’s vice president of global benefits in an email to employees that was viewed by CNBC. “But the advances in prevention and treatment, the… Source link

The spike in oil prices — crude rose as high as $112.51 per barrel Wednesday — won’t cause too much turmoil in emerging markets, according to one veteran investor. Because of the globe’s reduced reliance on fossil fuel generally, and oil as an energy source specifically, emerging-market economies should be able to weather the surge. “The good news regarding oil prices is that these emerging markets have lots of alternatives now,” Mark Mobius, founding partner at Mobius Capital… Source link

James Maloney of the Panthers looks on during the round 6 NRL rugby league match between the Sharks and the Panthers at PointsBet Stadium on April 18, 2019 in Sydney, Australia. Jason McCawley | Getty Images Apollo Global Management, the private equity firm that acquired Yahoo from Verizon for $5 billion last year, is having preliminary discussions with sports betting companies to merge their assets with Yahoo Sports, according to people familiar with the matter. One of the companies Yahoo has… Source link

Yandex, a Russian technology company, supplies the on-campus food delivery robots through Ohio State’s partnership with Grubhub. Credit: Tom Hanks | Lantern Reporter Following the invasion of Ukraine, some Buckeyes are wondering what the future holds for the Russian-made food delivery robots on Ohio State’s campus. Yandex, a Russian technology company, supplies the on-campus food delivery robots through Ohio State’s partnership with Grubhub. The robots remain operational —… Source link

Bank of Canada Governor Tiff Macklem speaks during a news conference (REUTERS/Blair Gable) The Bank of Canada raised its target for the overnight rate to 0.50 per cent. The 25 bps hike to contain inflation is the first since 2018, after cutting to help cushion the pandemic’s economic blow in 2020. Canada’s central bank says more rate hikes are coming but says it is following the situation in Ukraine closely. “The unprovoked invasion of Ukraine by Russia is a major new source of… Source link

Aas said sanctions have the greatest effect when they are enacted with all the EU member states, but the government is still discussing a ban. “Today, the Estonian government has not imposed any additional restrictions in addition to the European Union’s sanctions, but discussions on these possibilities will certainly continue in the government in the coming days,” the minister said. At the beginning of February, the Data Protection Inspectorate advised people to avoid using the app-based… Source link