Yahoo News

Play for your share of $1,000 for free

This week, there’s $1,000 up for grabs in the . All you have to do is answer 10 questions related to the various sports going on this week. This week’s contest features questions on the U.S. Open, the NBA playoffs, the Euro 2020 tournament, and the NHL playoffs. And the best part? It’s completely FREE to play. Jon Rahm is one of the stronger favorites we’ve seen this year at the U.S. Open, which is this weekend’s marquee event. Right now, Rahm leads the field at +900, or 9-1, meaning… Source link

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New Wilson basketball to be introduced at draft combine

The NBA and Wilson Sporting Goods Co. unveiled the new official game ball that will be used starting with the 2021-22 season on Thursday, ending a 37-year partnership with Spalding. The Wilson game ball, which begins its multi-year partnership with the league in advance of the 75th season, will first be used at the 2021 NBA draft combine in Chicago from June 21-27. Wilson is also the manufacturer of WNBA balls.  “Our feeling was Spalding is a company at the top of that pyramid, but Wilson… Source link

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Supreme Court upholds Obamacare for a third time — here is what was at stake

The Supreme Court on Thursday released its highly anticipated decision on a challenge to the Affordable Care Act (ACA), also known as Obamacare. By a 7-2 vote, the court rejected the Republican-led challenge to the law.  Justice Stephen Breyer wrote the majority opinion saying that challengers — Texas, other Republican states, and two individuals — did not have legal standing to sue, meaning they couldn’t show they were harmed by the law. He was joined by Chief Justice John Roberts as… Source link

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23andMe shares rise 21% on first day of trading on Nasdaq

Shares of 23andMe (ME) rose 21% to close at $13.32 apiece in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.  The public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe’s outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded… Source link

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‘If you see a deal, you should buy it’: Frontier Airlines CEO

The sky’s the limit, according to Frontier Airlines (ULCC) CEO Barry Biffle. “Bookings have been surging for several months.” Biffle told Yahoo Finance Live, “If you’re planning on going somewhere, you need to book it, because, you know, people are literally going to run out of seats.” More than 2 million passengers moved through the Transportation Security Administration (TSA) airport checkpoints from June 11 to 13, which is still about 600,000 fewer than the numbers on those days in 2019…. Source link

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Hong Kong to Shorten Quarantine; CureVac’s Plunge: Virus Update

(Bloomberg) — CureVac NV lost more than half its value in German trading after a preliminary analysis of a large study found its vaccine fell short of the high efficacy bar set by other messenger RNA shots. Hong Kong is planning to shorten quarantine periods for fully vaccinated travelers from most places to seven days from as much as 21 days, so long as they pass an antibody test. Moderna Inc. said the U.S. government exercised an option to buy 200 million more doses of its vaccine, bringing… Source link

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The Fed won’t talk about talking anymore: Morning Brief

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 Thursday, June 17, 2021 The tapering conversation has begun. One of the most unique phrases the Federal Reserve has ever used to communicate with markets has been retired.  At least according to Federal Reserve Chair Jerome Powell. Asked Wednesday during a press conference about whether the Fed discussed plans to begin slowing down its pace of… Source link

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How the Khashoggi family helped mold the U.S.-Saudi relationship

In the mid-1980s, Jill Dodd was a 20-year-old model working in Paris when she got an unexpected offer from her agent: She was invited to a gala pirate-themed party on the beach in Monte Carlo being thrown by the billionaire Saudi arms dealer Adnan Khashoggi. Dodd had no idea who Khashoggi was or why she was invited. But, she says, being “naive and gullible,” she jumped at the chance and soon found herself on the beach dancing with the short, pudgy Saudi mogul. He ended up writing “I… Source link

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Bitcoin hovers below $40,000 as World Bank rejects El Salvador request

Bitcoin enthusiasts at El Zonte Beach in Chiltiupan, El Salvador. Photo: Jose Cabezas/Reuters The price of bitcoin (BTC-USD) hovered just below $40,000 (£28,633) on Thursday as the World Bank rejected a request from El Salvador to help with the implementation of the cryptocurrency as a legal tender. The bank said it could not assist El Salvador’s implementation of bitcoin due to the environmental impact of bitcoin mining, and transparency drawbacks. It comes as research from the Financial… Source link

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Sixers have a chronic closing problem

The Liberty Bell tolls for the Philadelphia 76ers in the fourth quarter. The top-seeded Sixers would be in the Eastern Conference finals right now if not for respective blown leads of 18 and 26 points to the Atlanta Hawks in Games 4 and 5 of their second-round series. The tragic flaws of their All-NBA cornerstones created what is now a chronic closing problem. Ben Simmons still cannot shoot, and Joel Embiid still cannot put forth 48 minutes of consistent effort. It is about to be their… Source link

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