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Exodus from Russia renews concerns over US pensions investing in emerging markets

Pressure has mounted in recent weeks on U.S. pensions to dump Russian assets, but policymakers scrambling to unwind investments face a bigger moment of truth — what about their holdings in other autocratic regimes? Russian President Vladimir Putin’s invasion of Ukraine has prompted many of the largest public pension plans to quickly divest from Russian securities or trim their exposure to harder-to-exit allocations. The first-of-its-kind move to exit so abruptly put into question the… Source link

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This week in Bidenomics: Drill baby drill

Joe Biden, Oilman? He’d never characterize himself that way, given that he wants his presidency to mark the most decisive move yet toward green energy. But uncomfortable realities are forcing President Biden to tacitly condone new U.S. oil drilling and offer federal support for the increased production and export of U.S. natural gas. It could turn out to be the biggest unannounced pivot of his presidency. After Russia invaded Ukraine on Feb. 24, the United States and many other countries… Source link

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Google Search rolls out a more visual search interface on mobile with grid format

Google has rolled out a new mobile search interface that allows for a more visual look at some search results. A Google spokesperson told us this new interface helps “surface relevant information related to an image, so users have a deeper understanding of the results they’re seeing.” Mobile only. The new interface is currently live for mobile searches on Google for select queries. You can try it for the query [hand tattoos] or [game room design] on your mobile… Source link

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Google Fiber contractors vote to join union

A group of workers for a Google Fiber subcontractor in Missouri has voted to unionize, the first of its kind at Google’s parent company Alphabet. The votes were counted Friday in a Zoom hearing with the National Labor Relations Board (NLRB). The workers are employees of Google contractor BDS Connected Solutions, a staffing agency in Kansas City. Ten of the 11 workers signed union cards in January to organize under the purview of the Alphabet Workers Union (AWU), which is part of the… Source link

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Why Nvidia’s CEO sees auto chips and tech as the company’s next big business

Nvidia introduced a new version of its autonomous-driving platform at its GTC developers conference this week. Automotive is a small segment of the company’s business. But it’s getting a lot of attention from Nvidia founder and CEO Jensen Huang. At the conference, Huang touted the company’s $11 billion vehicle-tech order pipeline over the next six years. But he says that’s only one slice of the potential market for autonomous-driving technologies and their importance to Nvidia ( Source link

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Deshaun Watson’s Browns introduction was uncomfortable

The 40-minute introductory media conference — full of direct questions and defiant answers concerning Deshaun Watson and the 22 civil lawsuits alleging sexual assault against him — was complete. With the words done, the Cleveland Browns and their new quarterback used their actions to make their thoughts clear — namely, that this was business as usual in the NFL. As the news conference ended, Watson stood behind a table holding a No. 4 Browns jersey in the air. He was flanked by general… Source link

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Epic isn’t satisfied by Google’s app store billing stunt

Google announced on Wednesday that it would test letting Android developers use their own billing systems in their apps, the first step in what could lead to a dramatic reshaping of the app economy. However, Epic Games, which has been a strong proponent for opening app marketplaces and sued Google after the search giant removed Fortnite from Google Play for including direct payments, still isn’t happy. It plans to continue advocating for an app ecosystem that offers more choices,… Source link

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Spotify to fully halt service in Russia by April over media censorship law

Goodbye, Spotify. Hello, Sputnik? Music streaming giant Spotify (SPOT) is the latest to join a growing list of media platforms halting operations in Russia following a law passed by the Kremlin earlier this month that threatens to jail any person or entity spreading “fake” news for up to 15 years. Spotify confirmed to Yahoo Finance that the music streaming giant made the “difficult” decision Friday to suspend its service in the country. The company said it will have to take several… Source link

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Amazon labor organizer optimistic about NYC union vote, hopes for Starbucks ‘domino effect’

Amazon (AMZN) warehouse workers at a facility in Staten Island, New York, began casting their votes in a union election on Friday, thrusting the e-commerce giant into a nationwide surge of workers organizing across major companies like Starbucks (SBUX) and Disney (DIS). The Staten Island warehouse marks the second site of a union election among a large group of warehouse workers in Amazon’s history, arriving roughly one year after the overwhelming defeat of a labor drive at an Amazon… Source link

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Damian Lillard on injury rehab, winning title in Portland

Portland Trail Blazers star Damian Lillard spoke to Yahoo Sports in his first interview since it was announced he’d be sidelined for the remainder of the 2021-22 season to continue rehabbing from abdominal surgery he underwent in January. The six-time All-Star revealed how he feels physically, what he learned during the rehab process, why he believes we haven’t seen the best of him, what Portland needs to do in the critical offseason to contend for a title, his personal and collective… Source link

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