A California federal judge has ordered Alphabet Inc.‘s Google to pay nearly $1 million for discovery misconduct after the company concealed employees and other relevant data in a lawsuit alleging web browser privacy violations. Quinn Emanuel Urquhart & Sullivan represents Google in the case, while Boies Schiller Flexner represents the class-action plaintiffs. Quinn Emanuel lawyers had urged Magistrate Judge Susan van Keulen not to levy sanctions against Google, saying the company had… Source link

U.S. stocks rallied Friday to cap a four-day losing streak on Wall Street. Sentiment was buoyed by better-than-expected retail sales data and a surprise earnings beat from Citigroup (C). The S&P 500 surged 1.9%, while the Dow Jones Industrial Average added 657 points, or roughly 2.2%. The tech-heavy Nasdaq climbed 1.8%. Blowout second-quarter results from Citi lifted shares of banking industry peers to post the best intraday rally for the sector since May, according to Bloomberg data. The mega… Source link

(Bloomberg) — Industrial production is one of the dirtiest corners of the corporate world. A startup from former Google engineers thinks it can clean it up with artificial intelligence. Phaidra, a company based in Seattle, sells AI software to automate building controls for power plants and other industrial giants. It’s relying on the same fix as their former company, DeepMind, Google’s research lab. For several years, DeepMind has let its AI… Source link

Elon Musk “doesn’t have a leg to stand on” in what could become a long courtroom battle with Twitter (TWRT), says one veteran stock analyst. “After a careful reading of Twitter’s lawsuit against Elon Musk, we flipped our view. We were formally skeptical about Twitter, now we’re skeptical about Elon’s position,” Barton Crockett of Rosenblatt Securities told Yahoo Finance Live. Twitter filed a suit in Delaware against Musk earlier this week after the CEO of Tesla (TSLA) Source link

This article is part of our Yahoo DFS Baseball series. All 30 teams will take to the diamond Friday, which should make for a fun night of baseball. There is one day game, with the Cubs playing the Mets at Wrigley Field. That game does have a bit of intrigue as former Met Marcus Stroman will start for the Cubs. Among the important series is the Yankees playing host to the Red Sox. Another AL East matchup that is all of a sudden impactful is the Rays taking on the red-hot Orioles. Out… Source link

Goosebumps author R.L. Stine at the NASDAQ opening bell in 2015. (Photo by Slaven Vlasic/Getty Images) The Goosebumps books have been scaring generations of young readers silly for 30 years now. But franchise mastermind R.L. Stine tells Yahoo Entertainment that he’s no ‘fraidy cat. “Here’s the strange thing about me — I don’t get scared” the 78-year-old author confesses. “I think there’s something missing in my brain! Even as a kid, horror always makes me laugh. Whether I’m reading a… Source link

LAS VEGAS — Orlando Magic rookie Paolo Banchero was satisfied with what he was hearing leading up to the 2022 NBA draft. “Just all the stuff that was being put out there was that I was going No. 3 to Houston,” Banchero told Yahoo Sports after he was shut down from Summer League competition after two games. “That’s kind of where my mind was at, and I was fine with it. I was going to be happy wherever I ended up because I knew at the end of the day I would be fine. But in Houston, I… Source link

I’m gonna set myself up here. Big time. In the next few paragraphs, I’m going to make the case for why Joe Biden’s presidency has hit its low point and is going to recover, a bit. Biden haters are going to bombard me with invective, claiming Biden is senile and whatever other trash Fox News has been running lately. Bring it. A steady drumbeat of bad news has forced Biden’s approval rating below 39%, which is three points lower than Donald Trump’s approval rating at the same point in… Source link

Eight days after Brittney Griner pleaded guilty to drug charges, the WNBA star’s attorneys introduced new evidence they hope will result in a more lenient sentence. Lawyers on Friday presented a Russian court with an American doctor’s letter saying that Griner had been prescribed medical marijuana to help her cope with chronic pain from injuries that she sustained during her basketball career. “The attending physician gave Brittney recommendations for the use of medical cannabis. The… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, July 15, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. The U.S. dollar (DX-Y.NYB) is on fire, reaching near-parity with the euro (EUR=X) for the first time in two decades. The yen (JPY=X) is down 20% versus the dollar over the last year — nearly unheard of… Source link