Yahoo News

Bitcoin Volatility Merits a Conservative Outlook

Bitcoin and its fellow cryptocurrencies have been hogging the headlines again following Wednesday’s deep plunge. Seasoned crypto investors are accustomed to such swoons, which are usually mirrored in the performance of Bitcoin-related stocks, such as miner Riot Blockchain (RIOT). And just as Bitcoin surged in the year’s first quarter, so did Riot’s revenue streams. The company reported Q1 results earlier this week, with revenue reaching $23.2 million, a 342.1% uptick from the $5.2… Source link

Read More »

Biden awards 1st Medal of Honor to Korean War veteran

President Biden on Friday awarded the Medal of Honor, the nation’s highest military decoration, to Ralph Puckett Jr., a 94-year-old Korean War veteran and retired Army colonel who was wounded in a battle against Chinese soldiers in Korea more than 70 years ago. “Today we are hosting a true American hero and awarding an honor that is long overdue,” Biden said during an East Room ceremony that was also attended by South Korean President Moon Jae-in. It was the first Medal of Honor awarded by… Source link

Read More »

Phil Mickelson in contention to become oldest major winner

The Telegraph USPGA Championship 2021 tee times for the first round, including Rory McIlroy, Lee Westwood and Bryson DeChambeau The second major of the year gets underway at Kiawah Island Resort’s Ocean Course on Thursday, featuring a total of 156 professional players, including 99 of the world’s top 100. The longest course in championship history has dominated the build-up, with the Pete Dye-designed layout on South Carolina’s Atlantic coast capable of playing to a maximum of 7,876 yards…. Source link

Read More »

Foot Locker to close Footaction stores after colossal Q1 earnings

The New York Times Mayor Accused of Fraud Has New Problem: Drug Charges for Her Husband The husband of the mayor of Rochester, New York, was arrested Wednesday after police said they discovered drugs and guns in searches of his car and home, the latest crisis for the mayor in a year continually whipsawed by scandal. Mayor Lovely Warren’s husband, Timothy Granison, 42, was accused of being part of a midlevel cocaine trafficking ring and charged Thursday with drug and gun possession in what… Source link

Read More »

Players rostered in too many Yahoo leagues

A little over a month ago, I covered several players who were over-rostered in Yahoo leagues and needed to be sent to waivers. It’s time to check in on that topic again, as the large volume of injuries and recent emergence of exciting prospects has placed roster space at a premium. Here are some hitters who are no longer set-and-forget players. Please note that I’m not saying you have to cut these hitters, but rather than you can consider cutting them, based on your other teams and the… Source link

Read More »

Ian Happ and more Thursday takeaways

Has the Ian Happ breakout finally arrived? There’s been a respectable level of hype following Ian Happ ever since he was selected in the first round of the 2015 Amateur Draft. Considered a top prospect by many pundits with explosive speed and power, Happ rose quickly through the Cubs system and got promoted to the Majors in 2017. Since then, however, his story has been mired in minor flashes of greatness, but with mostly just acceptable production. Happ was drafted in the 14th round of Yahoo… Source link

Read More »

Warren Buffett gave this investing tip to NFL defenseman Ndamukong Suh

Very few people in the world could call investing legend Warren Buffett a good friend. Tampa Bay Buccaneers star defenseman and investing fanatic Ndamukong Suh is one of those people. Suh, 34, told Yahoo Finance Presents he has learned tons of invaluable investing lessons from the now 90-year-old Oracle of Omaha, but one in particular stands out.  “Probably the most important one [lesson] that I learned from him is focusing on the people,” Suh said. “People are the most important thing about… Source link

Read More »

We ‘seek talent wherever we can find and recruit it’

The pandemic has sparked a shift in ideology about work, with demand for flexible hours and remote options on the rise. One way some companies have responded is by hiring workers outside the U.S. The shift is seen especially in startups, which can’t compete with Big Tech in the Bay Area but want to hire top talent. Clover Health (CLOV) is among those companies, as it has hired some employees in Hong Kong. In a recent LinkedIn post, Toy responded to questions from a reporter asking him “to… Source link

Read More »

Bitcoin and ethereum crash as China promises ‘severe crackdown’

Watch: Bitcoin falls again as China reiterates crackdown Bitcoin (BTC-USD), ethereum (ETH-USD) and other cryptocurrencies crashed on Friday after China announced a harsh clamp down on the market.  The top crypto, bitcoin, plummeted over 11% to $37,429 (£26,428), while etherreum — the world’s second largest crypto — plunged 13% to $2,552.  Dogecoin (DOGE-USD) fell as much as 15% to $0.34 during the session. Chart: Yahoo Finance The crash was triggered by Chinese vice-premier Liu Hu saying… Source link

Read More »

‘Many CEOs felt that 21% was too low’

As the Biden administration pitches its $2 trillion infrastructure proposal and the corporate tax hike that would fund it, Commerce Secretary Gina Raimondo has become the team’s unofficial CEO whisperer. Raimondo, a former Rhode Island governor who previously worked in venture capital, says she’s talked to “dozens and dozens of CEOs” about the proposal to raise the corporate tax rate from 21% to 28%. She says when all is said and done, corporate America might not be as universally… Source link

Read More »