Pinterest, Inc. by Chairman, Co-Founder, President and CEO Ben Silbermann reacts as they celebrate the IPO of Pinterest Inc. at the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2019. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register June 28 (Reuters) – Pinterest Inc (PINS.N) said on Tuesday that long-time Chief Executive Officer Ben Silbermann would step down, handing over the reins of the social media platform to Google commerce executive… Source link

The stock market is off to one of its worst starts ever this year, with the S&P 500 falling more than 20% year to date. It’s a rout that has left many investors wondering when they will be able to “buy the dip.” Morgan Stanley Wealth Management’s Lisa Shalett says don’t hold your breath. The chief investment officer believes stocks have more room to fall as many companies have yet to change their earnings forecasts after the Federal Reserve’s decision to increase the pace of its… Source link

US stocks were under pressure Tuesday, with the Nasdaq losing about 3% as selling ramped for technology shares especially. As of the close, the S&P 500 was off 2%, bringing it down to 3,821.74. The Dow fell by 490 points, or 1.6%, and the Nasdaq dropped 2.98% to 11,181.54. The small cap Russell 2000 was also down more than 1.5%. Stocks had taken a leg lower in morning trade after a new report showed US consumer confidence deteriorated to a 16-month low in June amid ongoing inflation concerns,… Source link

When the Supreme Court overturned Roe v. Wade, many companies like Netflix (NFLX) revealed they’d pay expenses for workers who need to travel to get an abortion. Some employers also vowed in the same announcement to pay for those who need to go out of state for gender-affirming care, too. It might seem random for companies to stress their support for LGBTQ workers in the same breath as abortion rights. However, the move reflects employers’ efforts to foresee their workers’ needs and fears in… Source link

The company is moving most of its features under the Chat service in November 2022. As part of Google’s move to Chat as its primary messaging service, the company is officially shuttering its Hangouts platform. With the move to remote and hybrid work following the COVID-19 pandemic and companies largely moving to work-from-home models, the platform was simply too far behind competitors like Microsoft Teams and Slack to make a dent in the arena. Much like the… Source link

After months of pressure from Republicans, Google has a new plan to keep campaign emails from being marked as spam, according to new documents obtained by The Verge. Google’s plan, first reported by Axios, would allow for candidates, political party committees, and leadership political action committees to apply for a special “pilot program” that would make their messages exempt from Gmail’s spam detection systems. The idea was proposed to the Federal Elections Commission in a… Source link

This article is part of our Yahoo DFS Baseball series. Not only will all 30 teams be in action Tuesday, but we’ll have 16 games since the Twins and Guardians will play a doubleheader. With so many games on the schedule, it comes as no surprise that there are a few top-tier pitchers set to take the mound. One that jumps off the page is Carlos Rodon, who has an excellent matchup versus the Tigers. Things won’t be as easy for Clayton Kershaw, who will have to the face the Rockies at… Source link

Americans were sitting on $815.3 billion worth of savings as of April. This may be good news for consumers individually, but bad news for the Federal Reserve, whose efforts to slow inflation could be delayed by this extra pile of cash lying around. “The problem is there is so much cash on household sector balance sheets and corporate sector balance sheets that it’s going to take more rate hikes to slow the economy down, simply because the starting point is a level of cash that is much higher… Source link

With Deshaun Watson‘s disciplinary hearing beginning this week, even as new details are emerging in the case, the Cleveland Browns are bracing for whatever length suspension their new quarterback might face. In light of that, some Browns fans have wondered: What direction will they go when Watson’s punishment is eventually handed down? And to take it a step further: Could their ex officio QB Baker Mayfield somehow factor into the Browns’ equation this season? He does, after all, remain on the… Source link

Written by Billy Mitchell Jun 28, 2022 | FEDSCOOP Google will spin off its public sector-focused business line from Google Cloud to launch an independent division focused purely on federal, state and local governments and the education sector, the company announced Tuesday. The new public sector division will be a separate legal entity from Google Cloud operating as its own independent company with a… Source link