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A Tesla sedan is shown after it struck a parked Laguna Beach Police Department vehicle in Laguna Beach, California, U.S. in this May 29, 2018 handout photo. (Image: Reuters) This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe The National Highway Traffic Safety Administration’s probe into 11 crashes of Teslas (TSLA) using the company’s… Source link

Robinhood (HOOD) shares were up more than 7% by mid-session ahead of the trading platform’s first earnings report since becoming a public company. The results are highly anticipated given its retail user base and the stock’s wild ride following its IPO. This is what the Street is expecting, based on estimates compiled by Bloomberg.  Adjusted earnings (loss) per share: -.26 cents Revenue: $559.5 million In line with the company’s “democratize finance for all” theme, the trading platform has… Source link

Krispy Kreme (DNUT) will look to take a price increase in September as it battles to protect margins from higher costs for key commodities such as edible oils and sugar.  CEO Mike Tattersfield said on Yahoo Finance Live the price hikes won’t be exorbitant, owing likely to the price sensitive consumer that frequents the donut-hawking brand.  “We are really disciplined on pricing. We are a dozens business, so we do always pay attention to an accessible price point. So when you think about the… Source link

The Health Insurance Portability and Accountability Act — otherwise known as HIPAA — has become a major topic of discussion amid the rollout of COVID-19 vaccines as some individuals who have been asked about their vaccination status claim that the question is a violation of HIPAA.  For example, when asked about his vaccination status, Dallas Cowboys Quarterback Dak Prescott said: “I don’t necessarily think that’s exactly important. I think that’s HIPAA.” Congresswoman Marjorie… Source link

A new study argues that skyrocketing college costs are a result of university leadership not prioritizing college affordability over profit. The report by the American Council of Trustees and Alumni (ACTA), which looked at data from more than 1,500 four-year public and private, nonprofit colleges and universities, found that even though institutional spending has risen over the years alongside tuition, four-year graduation rates have not kept up. “The spending habits of higher education have… Source link

When her contract with Nike (NKE) was up for renegotiation, American Olympian Colleen Quigley chose to leave the athletic apparel giant for a different type of deal with Lululemon (LULU). “I’ve been with Nike since 2015 when I graduated from Florida State University… and joined the team out here in Portland, then had a great five-year run with them,” Quigley said on Yahoo Finance Live (video above). “But I think when I got to the end of that, I just decided that they weren’t giving me… Source link

Target (TGT) delivered solid results for the second quarter and joins a select few retailers — namely rival Walmart — in saying the COVID-19 Delta variant hasn’t led to a marked sales slowdown for the all-important back-to-school shopping season even as consumer confidence has begun to wane. “While the current environment remains volatile, our results over the last 18 months have proven conclusively that our team and operating model can seamlessly adapt to changes in the environment, and… 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 Wednesday, August 18, 2021 Homebuilder confidence hits a 13-month low in July The housing market has been in a frenzied state for over a year now, but the cracks in this market have been evident for some time.  And on Wednesday, we got another sign that the COVID-related boom in this market is starting to wane.  Homebuilder confidence as measured… Source link

(Bloomberg) — U.S. equity-index futures fell and the dollar weakened as investors assessed the outlook for economic recovery and awaited the latest Federal Reserve minutes to gauge the direction of monetary policy. Contracts on the S&P 500 Index slipped 0.1% after the underlying gauge fell on Tuesday by the most in four weeks. The dollar halted a two-day rally and Treasury yields were steady. Oil rebounded from a four-day slump a U.S. industry report pointed to a drop in domestic crude… Source link

(Updates with BlackBerry’s statement) Aug 17 (Reuters) – A cybersecurity flaw in a software designed by BlackBerry Ltd could put at risk cars and medical equipment that use it and expose highly sensitive systems to attackers, the U.S. drugs regulator and a federal agency said on Tuesday. The warning came after the Canadian company disclosed https://support.blackberry.com/kb/articleDetail?articleNumber=000082334 that its QNX Real Time Operating System (QNX RTOS) has a vulnerability that could… Source link