Monthly Archives: June 2022

Microsoft cofounder Paul Allen owned 2 pro sports teams before he died in 2018. Rumors are swirling about their fate — and now Nike’s founder could pay $2 billion to own one of them.

Microsoft cofounder Paul Allen owned 2 pro sports teams before he died in 2018. Rumors are swirling about their fate — and now Nike’s founder could pay $2 billion to own one of them.

Portland Trail Blazers owner Paul Allen during the second half of an NBA basketball game against the Golden State Warriors in January 2017.Marcio Jose Sanchez/AP Speculation is mounting that late Microsoft cofounder Paul Allen’s pro sports teams could be sold. Nike founder Phil Knight already submitted a $2 billion bid for the Portland Trail Blazers. Allen’s trust has sold off other assets, including property and a yacht, since his death in 2018. When Microsoft cofounder Paul Allen died in 2018,… Source link

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After stock splits for Alphabet and Amazon, here’s who might be next

After stock splits for Alphabet and Amazon, here’s who might be next

Whether you cut a pie into 10 pieces or 100 pieces, it shouldn’t affect how much the pie is worth. But in the stock market, a stock split — which is essentially cutting shares into smaller pieces — can have some meaningful consequences. According to Bank of America, S&P 500 companies that announced stock splits since 1980 have returned an average of 25.4% over the following 12 months, versus the S&P 500’s average return of 9% over the same period. In fact, the bank says that after a… Source link

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60-40 investors ‘punched in the gut’ so far in 2022, but strategist sees hope

60-40 investors ‘punched in the gut’ so far in 2022, but strategist sees hope

The 60-40 stock-bond portfolio has been a bedrock of traditional investing, but it’s also been a loser thus far in 2022. “Investors who own a 60-40 balanced portfolio just feel like they’ve been punched in the gut,” Emily Roland, co-chief investment officer at John Hancock Investment Management, said on Yahoo Finance Live (video above), adding that year-to-date so far it’s down about 10%. A 60-40 portfolio consists of 60% equities and 40% bonds or other fixed-income offerings. Stock and… Source link

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Here are 3 top dividend stocks for stable cash return and inflation protection — one of them even offers an incredible 13.3% yield

Here are 3 top dividend stocks for stable cash return and inflation protection — one of them even offers an incredible 13.3% yield

Here are 3 top dividend stocks for stable cash return and inflation protection — one of them even offers an incredible 13.3% yield When high-flying growth stocks made all of the headlines last year, dividend stocks often got ignored. But now, the Nasdaq is in correction territory, and many of those former hot stocks are getting heavily sold off. In volatile times like these, a steady and increasing stream of dividends can help risk-averse investors sleep better at night. Healthy dividend… Source link

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Russians Have Lost Ground in Severodonetsk: Regional Governor

Russians Have Lost Ground in Severodonetsk: Regional Governor

Russian forces have lost ground in Severodonetsk, a key city in eastern Ukraine that has been the scene of ferocious fighting as Moscow seeks to gain control of Donbas, a regional governor said Sunday. “The Russians were in control of about 70 percent of the city, but have been forced back over the past two days,” Lugansk regional governor Sergiy Gaiday wrote on Telegram.  “The city is divided in two. They are afraid to move freely around the city.” The region of Lugansk has been… Source link

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Devin Haney decisions George Kambosos for undisputed title

Devin Haney decisions George Kambosos for undisputed title

As Floyd Mayweather so often said about his own fights, it was easy work Saturday in Melbourne, Australia, for Devin Haney, the new undisputed lightweight champion. Haney used a blazing jab, his boxing IQ and huge advantages in speed and quickness to blow past George Kambosos and win a unanimous decision before 41,129 at Marvel Stadium in their bout for the undisputed lightweight title. Haney won by scores of 116-112 twice and 118-110, cruising to an easy one-sided victory. Yahoo Sports had… Source link

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After emailing employees about job cuts at Tesla, Elon Musk says the total headcount at the company will increase

After emailing employees about job cuts at Tesla, Elon Musk says the total headcount at the company will increase

Tesla CEO Elon Musk at the company’s Cyber Rodeo event in Austin, Texas.SUZANNE CORDEIRO / AFP Elon Musk tweeted that the “total headcount would increase” at Tesla and salaried staff would stay “fairly flat.” Musk’s comments came after the Tesla CEO sent an email to staff saying he would cut 10% of salaried jobs. Tesla employed nearly 100,000 staff at the end of 2021. After sending an email about job cuts for salaried staff, Tesla CEO Elon Musk seemed to retract his statements in a tweet reply… Source link

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How Al Horford’s 3-pointer lengthened his career

How Al Horford’s 3-pointer lengthened his career

SAN FRANCISCO — Boston Celtics center Al Horford doesn’t have the prettiest shooting form, but the end results are to be respected. The Golden State Warriors should have a new level of respect for the distance in which the 15-year veteran can launch it. Horford was one of the NBA Finals’ Game 1 heroes, producing a team-high 26 points and shooting 6-of-8 from beyond the arc to lead the Celtics to a 120-108 victory on Thursday. The 3-point weapon he possesses wasn’t always in his… Source link

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Alexander Volkov TKOs Jairzinho Rozenstruik in R1

Alexander Volkov TKOs Jairzinho Rozenstruik in R1

Alexander Volkov knew what he had to do against Jairzinho Rozenstruik not long after he began watching some of “Bigi Boy’s” older fights. Rozenstruik is one of the UFC heavyweight division’s biggest punchers, but his downfall is a less-than-stellar defense. Volkov’s plan was to push Rozenstruik against the cage and fire at him when he didn’t have space to move. As the Russian suspected, Rozenstruik left plenty of openings and Volkov took full advantage. A big straight right hand… Source link

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Celtics amplify pressure for action on Brittney Griner

Celtics amplify pressure for action on Brittney Griner

Boston Celtics players delivered a message to the White House on Saturday during their NBA Finals practice. Bring Brittney Griner home. Marcus Smart, Jaylen Brown, Grant Williams and other Celtics players wore T-shirts at practice reading “We are BG” and imprinted with a QR code on the back linking to a petition calling for Griner’s safe return. Griner — a seven-time All-Star for the WNBA’s Phoenix Mercury — has been detained in Russia on drug charges since Feb. 17 after she allegedly… Source link

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