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Bloomberg Barclays Faces Credit Trader Exodus Over Bonus Disappointment (Bloomberg) — Barclays Plc has been hit by a string of departures among senior credit traders in New York and London unhappy that their bonuses failed to reflect the pandemic profit surge.The bank has offered promotions to some employees and given assurances over future pay in an attempt to address their concerns, according to people familiar with the matter, who asked not to be identified discussing private… Source link

Memorial Day weekend marks the start of the airline industry’s busy summer travel season and airfare expert Bob Harrell said fares are going up.  “Well, they’ve been going up fairly dramatically in the last six months at least,” he told Yahoo Finance. Harrell is president of Harrell Associates, a firm that tracks and benchmarks ticket prices across the industry. In normal times, business fares are four to five times more expensive than leisure fares, according to Harrell, but right now,… Source link

Watch: Coinbase set to offer Dogecoin Dogecoin soared on Friday after Elon Musk said he was working with the crypto’s developers to improve its efficiency as a means of payment. The Tesla (TSLA) boss, who has previously said his Dogecoin tweets shouldn’t be taken seriously, tweeted that he was “working with doge devs to improve system transaction efficiency” and said the work was “potentially promising.” The cryptocurrency, which was conceived as a joke in 2013, rose over 30% on Friday morning… Source link

As Anticipated, No Impact on Cash Position, Business Operations or Economics of Commercial Arrangements No Change to Gross Billings; Company Reaffirms Previously Disclosed Annual Gross Billings Targets Plug Power Remains Well-Positioned to Leverage Industry Leadership and Capture MeaningfulShare of the $10T Hydrogen Economy Company to Host Conference Call at 8:30 am ET Today LATHAM, N.Y., May 14, 2021 (GLOBE NEWSWIRE) — Plug Power Inc. (“Plug Power” or the “Company”) (NASDAQ: PLUG), a… Source link

Billionaire bond investor Jeffrey Gundlach, the founder and CEO of $135 billion DoubleLine Capital, sees reasons to be concerned about inflation.   “It feels to me like the market started worrying about [inflation] a little bit this week,” Gundlach said, later adding it “was the biggest miss on CPI in many years, and maybe even in my whole career.”  On Wednesday, the Bureau of Labor Statistics reported that the Consumer Price Index (CPI) jumped 0.8% in April, well ahead of economists’… Source link

A coronavirus outbreak among vaccinated players and staff has “” the New York Yankees and attracted the attention of the CDC this week. So far, eight people, including shortstop Gleyber Torres, have tested positive more than 14 days after being fully vaccinated. Because the team has a high level of vaccinated personnel, the Yankees have not missed any games while weathering this outbreak, and seven of the eight cases have been asymptomatic. Still, the accidental case study of post-vaccine… Source link

With the NBA playoffs days away, TNT and longtime analyst Chris Webber have reportedly parted ways.  The New York Post reports that Webber and the network agreed to a split on Thursday. The two sides did not conduct negotiations on a new contract leading up to the split, according to the report.  Webber had worked as a color commentator and occasional studio analyst at TNT since 2008. He joined the network shortly after the conclusion of his 15-season NBA career.  Chris Webber is reportedly… Source link

Yahoo has recently launched their fantasy football best ball leagues, a format that requires no in-season management—no waiver wire, no trades, no setting lineups. Instead, your highest-scoring players are optimized to form your starting lineup. Leagues are decided by cumulative season points rather than head-to-head matchups. Yahoo Best Ball League Settings Yahoo best ball leagues are half-PPR, 18-man rosters that start: QB, RB, RB, WR, WR, WR, TE, Flex (RB/WR/TE). There are no kickers… Source link

(Bloomberg) — Alibaba Group Holding Ltd. forecast better-than-expected revenue and pledged to invest in new growth arenas, signaling its intention to move past a Chinese antitrust probe that triggered its first loss in nine years. Jack Ma’s flagship e-commerce firm swung to a 5.5 billion yuan ($852 million) net loss — its first since 2012 — after the company swallowed a $2.8 billion fine for monopolistic behavior imposed by Beijing. It now intends to refocus on its business, plowing… Source link

HOUSTON — A moment of clarity arrived for the Houston Texans‘ Deshaun Watson with Thursday’s revelation that four women met with NFL investigators regarding their civil lawsuits against the star quarterback. The league now has testimony from some of Watson’s accusers, and one way or another, it will have to decide what to do with that information.  It’s a crossroads between Watson’s civil litigation and an NFL investigation that was never guaranteed to materialize given the reality… Source link