U.S. stock futures pointed to deeper losses at Thursday’s open as investors reeled from shock inflation data that renewed worries over aggressive central bank action and awaited earnings from the biggest financial institutions on Wall Street. Futures tied the S&P 500 dropped 1.4% in pre-market trading, and the Dow Jones Industrial Average shed 470 points, or 1.5%. Contracts on the tech-heavy Nasdaq fell 1%. The moves come after all three major indexes tumbled Wednesday following fresh CPI… Source link

Solar panels purchased for home use under incentive programs many years ago are nearing the end of their life cycle. Many are already winding up in landfills. (Jim Cooke / Los Angeles Times) California has been a pioneer in pushing for rooftop solar power, building up the largest solar market in the U.S. More than 20 years and 1.3 million rooftops later, the bill is coming due. Beginning in 2006, the state, focused on how to incentivize people to take up solar power, showered subsidies on… Source link

Comment on this story Comment Google’s new Bay View campus might best be described as a mash-up of a steel-clad circus tent, a big international airport, and an indoor shopping or entertainment center. The office is complete with droves of natural sunlight, two-story art installments and colorful street signs that adorn each corridor. But are all the bells and whistles enough to get Google workers excited about working at the office again? In April, Google mandated that tens of thousands of… Source link

South Korean messaging giant Kakao confirmed today it will remove an external payment option after Google blocked the South Korean company behind KakaoTalk from issuing updates.  The South Korean company continued using an external payment link in its Android app against Google’s new in-app payment rules. While the app’s updates were suspended on June 30, the local reports about the KakaoTalks’ updates being blocked on the Play Store only emerged last week.

(Bloomberg) — Taiwan Semiconductor Manufacturing Co. raised its 2022 revenue forecast while warning it will trim spending on expansion by as much as 9% from initial projections, reflecting uncertainty about electronics demand in the face of a potential global recession. Most Read from Bloomberg Chief Executive Officer C. C. Wei warned on Thursday it was too early to go into specifics about spending plans or the outlook for semiconductor demand in 2023 should customers delay purchases. But… Source link

The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau Register now for FREE unlimited access to Reuters.com Register MILAN, July 14 (Reuters) – Italy’s competition authority AGCM said on Thursday it had launched an investigation against Google (GOOGL.O)for suspected abuse of its dominant position in data portability, an accusation the Alphabet unit denied. The watchdog said in a statement that… Source link

Despite record-high inflation and soaring food prices, many Americans still seem to prefer dining out. According to a new survey from PopMenu, an Atlanta-based platform that helps restaurants streamline digital operations, 40% of monthly individual or family food budgets are spent on restaurants. “In the past, you wouldn’t go to restaurants to save money, but now everyone understands that [restaurants] are so much better at making meals, they get better deals on the ingredients, and they’re… Source link

The Los Angeles Police Commission determined that an LAPD sergeant violated policy when he kneeled on the neck of New Orleans Pelicans center Jaxson Hayes during his arrest last year, according to the Los Angeles Times. LAPD Sgt. Darren Holst started kneeling on the back of Hayes’ neck while arresting him last July, which prompted Hayes to shout out “I can’t breathe,” several times. Holst eventually stopped, and Hayes was taken into custody. LAPD Chief Michel Moore and commissioners… Source link

WATCH THE VIDEO ABOVE to see today’s piping-hot, fresh-outta-the-oven episode of THE RUSH with Jared Quay! We’ll let you know everything you didn’t know you needed to know about sports. Other stuff too. But mostly sports. It’s Thursday, July 14, 2022, and here’s what Jared is cookin’ up: The 150th Open Championship is underway at St. Andrews, following a week of pre-tournament drama Tiger Woods took aim at the LIV Golf tour Past champions were uninvited, or opted to skip the Open… Source link

There are few stories in the NFL about a player who was on track to be considered an all-time great only to squander it like former Pittsburgh Steelers running back Le’Veon Bell did when he sat out the 2018 NFL season. Bell’s greed and hubris cost him what might have been a Hall of Fame career and it sounds like Bell might be feeling some of that regret. Bell put the statement below out on Instagram as he announces he’s putting football aside to focus on a career in boxing. But in that,… Source link