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They sit parked in megalots all across North America — next to a big stone quarry in Troy, Missouri, by an auto assembly plant in Silao, Mexico, and filling the vast parking areas outside the Kentucky Motor Speedway near Owensboro. Tens of thousands of bright, shiny, never-been-driven Ford (F) and GM (GM) trucks and SUVs. They appear to be ride ready, but they aren’t. Buyers are lined up to buy them, but they can’t. The problem, as you might have guessed, is the vehicles have no… Source link

The Telegraph Exclusive: Charity conducting ‘campaign of harassment’ against sites that raise money for hunts An anti-hunting charity has been accused of bullying in a “campaign of harassment” against auction sites used to raise money for hunts and hounds. The League Against Cruel Sports has been reported to the Charity Commission for “demanding with menaces” that a fundraising platform cut ties with legally registered hunts. The regulator was assessing the complaint, a spokesman… Source link

Bloomberg Tencent Joins Alibaba in Spending Spree as Competition Grows (Bloomberg) — Tencent Holdings Ltd. pledged to sharply increase investments this year after posting a 25% gain in quarterly revenue, joining its biggest rivals in a spending binge that will jack up competition in China’s post-pandemic internet arena.China’s largest tech corporations are vying to entice users in the fast-growing arenas of online commerce and video. Tencent plans to plow a larger portion of its… Source link

President Biden forcefully articulated a defense of Israel on Friday evening, even as more progressive members of his party have sought to cut military aid to the country amid a renewed cycle of violence. “There is no shift in my commitment to the security of Israel. Period. No shift, not at all,” Biden said during a press conference with South Korean president Moon Jae-in, who was in Washington to discuss the fraught situation on the Korean Peninsula. “We still need a two-state… Source link

May 19 was the worst day bitcoin has seen this year and left some watchers wondering: did it destroy bitcoin’s narrative? The answer is, for those watching closely, it likely strengthened it.   Here’s why: bitcoin proved itself on Wednesday when it saw its second biggest volume day of the year, and market infrastructure did not break. Some exchanges suffered outages, but liquidity was available, as spot volumes show. Moreover, while a drop of over 30% may be dizzying for new buyers high… Source link

LAS VEGAS — In a stunning move Friday, Manny Pacquiao and Errol Spence Jr. reached a deal for a welterweight unification bout on Aug. 21 in Las Vegas. The bout will be in Las Vegas, but the venue hasn’t been decided, Sean Gibbons, the president of MP Promotions, told Yahoo Sports. The 42-year-old Pacquiao, who hasn’t fought since scoring a split decision victory over Keith Thurman on July 20, 2019, at the MGM Grand in Las Vegas, had been in talks to fight Mike Garcia. But the chance at a… Source link

With the incredible volatility in cryptocurrency markets in recent weeks, lawmakers might be watching the price moves like everyone else, but aren’t likely to act anytime soon, predicts one Representative. “Most of my colleagues don’t have a deep understanding of cryptocurrencies,” Rep. Jim Himes (D., Conn.) said diplomatically in an interview with Yahoo Finance Friday. “So, for better or for worse, there’s not going to be legislation passed out of the United States Congress anytime… Source link

Welcome to the MLB Yahoo Cup Hot Corner! This free-to-enter, single-entry contest consists of 27 rounds where the top 1,075 overall entries and the top 70 entries per round share $10,000, with $1,000 to first and $50 to first per round. Scoring will be cumulative across all rounds, with your seven lowest scores dropped at the end. You may join this multi-round MLB DFS contest at any point, but enter today to give yourself the best chance to take home the title. Click here to begin the… Source link

Apple (AAPL) CEO Tim Cook took the witness stand on Friday to defend the iPhone maker’s control of its App Store, calling the service an “economic miracle” in a widely watched antitrust case brought by “Fortnite” maker Epic Games. Epic — which filed suit after its game was kicked off the App Store — contends the App Store constitutes an illegal monopoly because of the 30% commission Apple charges larger developers and the fact that the tech giant doesn’t allow other App Stores… Source link

The Guardian Tim Tebow’s NFL resurrection is no gimmick, but it’s very much a farce The Jaguars signed the faded college star to their 90-man roster, reuniting first-year Jacksonville coach Urban Meyer with his former quarterback. It’s official: Tebow Time is a flat circle Tim Tebow and wife Demi-Leigh Nel-Peters attend UFC 261 at Jacksonville’s VyStar Veterans Memorial Arena in April. Photograph: Alex Menendez/Getty Images You can be forgiven for forgetting all about Tim Tebow, unless… Source link