As investors digest Kellogg’s (K) decision to split the food conglomerate into three separate companies, the next question on analysts’ minds is, “Who’s next?” The big food breakup “is already underway,” Bank of America analyst Bryan Spillane told Yahoo Finance, citing the divestures and acquisitions of consumer giants ranging from Kraft-Heinz (KHC) to General Mills (GIS). Just last week, Mondelēz (MDLZ) announced an agreement to acquire energy bar maker Clif Bar & Company in a deal worth… Source link

(Bloomberg) — Not many industry experts would shrug off a 35% drop for the S&P 500, but six-decade Wall Street veteran George Ball says a fall of that magnitude would be a normal adjustment. Most Read from Bloomberg Ball, chairman of Houston-based investment firm Sanders Morris Harris, predicts the S&P 500 will bottom at 3,100 from its all-time high of 4,796 in January. While he said the plummet will be uncomfortable, he doesn’t consider the outlook to be too grim, in part because of the… Source link

LAS VEGAS – Jared Cannonier remembers the first time he met Israel Adesanya. It was Nov. 3, 2018, the night he defeated David Branch in his middleweight debut at UFC 230. Adesanya also fought and won earlier in the evening against Derek Brunson in just his fourth UFC bout. Both men got TKO finishes. Cannonier was already a fan of Adesanya’s at that point and afterward spoke with him backstage at Madison Square Garden. “I introduced myself to him and congratulated him on his fight,… Source link

Nick Fox, vice president of product and design for Search and Assistant. Longtime Google exec Nick Fox take over the company’s commerce and payments business in the interim. Fox’s appointment comes a day after the former head, Bill Ready, announced he is taking over the helm of Pinterest, replacing longtime CEO and founder Ben Silbermann. Ready had been at Google fewer than three years.  Nick Fox will lead Google’s “Commerce, Payments and Next Billion Users,” according to a person familiar… Source link

Google’s Switch to Android app now supports all Android 12 phones. The free iOS app is designed to make it easy to switch to Android, transferring important data like your iPhone contacts and calendar entries. Google released the app earlier this year, but it was limited to its Pixel devices initially. Support for all Android 12 phones makes this a key app if you’re moving from an iPhone to a new Android device. The Switch to Android app initiates a transfer process by displaying a QR… Source link

Michael Burry said on Tuesday that the U.S. labor market is about to be sliced in half, with blue-collar workers remaining a sought-after commodity, while white-collar workers see job losses and falling wages. In other words, the good times are ending for office workers. “I see a bifurcated labor market developing as unskilled and semiskilled remain in short supply, but white-collar workers, having proven their redundancy during COVID, will find gross excess in the labor market, pressuring… Source link

This article is part of our Yahoo DFS Baseball series. Wednesday’s busy slate includes a lot of day games. One of them is a marquee matchup between the Mets and Astros in which Justin Verlander will take the hill for Houston. The Yankees will also have an early start time when they deploy Jameson Taillon against the Athletics. As far as the evening games go, there are several key series, one of which is the Guardians hosting the Twins. The Blue Jays will start Alek Manoah against the… Source link

DOWNTOWN — Google is trying to set up shop in one of Chicago’s most famous buildings, according to a new report. The tech giant is negotiating to buy the James R. Thompson Center, 100 W. Randolph St., according to real estate information company CoStar. It’s the latest twist for the famed building, which opened in 1985 and has been used for governmental offices — but which has faced costly infrastructure issues that have led to several lawmakers attempting to sell it. Google would set… Source link

Google is going to start paying for its use of Wikipedia information to help power its knowledge panels in Google Search. The search giant, along with the digital library the Internet Archive, are the first customers for the still relatively new commercial product launched by the Wikimedia Foundation — the nonprofit that operates Wikipedia. Its new service, Wikimedia Enterprise, offers access to Wikimedia content to companies that reuse and source Wikipedia and other Wikimedia… Source link

Placeholder while article actions load A U.S. Federal Communications commissioner is calling on Apple and Google to remove TikTok from their app stores over concerns that user data from the wildly popular social media platform is being accessed in China. In a tweet Wednesday, FCC Commissioner Brendan Carr shared a letter addressed to Tim Cook and Sundar Pichai, the chief executives of Apple and Google parent Alphabet, respectively. He raised concerns over TikTok’s Chinese ownership, saying… Source link