Yahoo News

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

Stock futures opened little changed Thursday evening after a surge during the regular trading day, which saw the major U.S. equity indexes recover some losses after three straight days of declines.  Contracts on the Dow edged higher after the index posted its best single-session gain since March. Contracts on the S&P 500 and Nasdaq were little changed after advancing strongly earlier.  Shares of Disney (DIS) slid after the company posted quarterly revenue that missed estimates, with… Source link

DoorDash (DASH) posted a first-quarter earnings report on Thursday that largely surpassed Wall Street’s expectations, with the company demonstrating that the boost it got from COVID-19 demand has staying power beyond the pandemic. The company reported revenue that skyrocketed 198 percent compared to a year-ago, to $1.08 billion, and total orders soaring 219 percent year-over-year, to $329 million. The results sent its stock on a tear after hours, which was up over 10%. Here’s what the San… Source link

Bloomberg Over 700 Barges Stuck in Mississippi River From Bridge Crack (Bloomberg) — A crack in a bridge over the Mississippi River has stranded more than 700 barges, cutting off the biggest route for U.S. agricultural exports when the critical waterway is at its busiest.The route is shut near Memphis while the Tennessee Department of Transportation inspects a large crack in a highway bridge spanning the river, according to the U.S. Coast Guard. A queue has expanded to 47 vessels and 771… Source link

Coinbase (COIN), the largest cryptocurrency exchange in the U.S., missed analysts’ expectations on the top and bottom line in its Q1 2021 earnings report, its first ever as a public company. Coinbase employee Daniel Huynh holds a celebratory bottle of champagne as he photographs outside the Nasdaq MarketSite, in New York’s Times Square, April 14, 2021. (AP Photo/Richard Drew) The company’s stock was down more than 3% following the announcement. “Our strong Q1 2021 results reflect the strength… Source link

WASHINGTON — Amid an ongoing disruption to the delivery of fuel to the East Coast due to a cyberattack on a major U.S. pipeline, a top cybersecurity official said Thursday the U.S. government is looking at how to prevent companies and individuals from paying the hackers. “The U.S. government is looking at what can be done. … There are active discussions in the federal government about what more we can do to disrupt that business model,” said Brandon Wales, the acting director of the… Source link

Stop letting random musings on bitcoin from Tesla CEO Elon Musk influence your decisions on how to trade the cryptocurrency and remain focused on the fundamentals, said one crypto expert When Yahoo Finance Live asked Grayscale CEO Michael Sonnenshein if traders should ignore Musk’s comments on bitcoin, Sonnenshein said, “yes.” Grayscale bills itself as the world’s largest digital currency asset manager, managing various crypto ETFs. As usual, traders in bitcoin (BTC-USD) were far from ignoring… Source link

Long-time minimum wage fan McDonald’s is hiking hourly wages and it may not be such bad news for investors, even though their initial reactions suggest otherwise.  The land of 550-calorie Big Macs said Thursday it will raise hourly wages “by an average of 10%” for more than 36,500 employees at more than 660 company-operated U.S. restaurants. That will take the entry-level range for crew to at least $11 – $17 an hour. Starting wages for shift managers will go to at least $15 to $20 an… Source link