Yahoo News

The Canadian Press Coalition says users were shut out of drug decriminalization proposal, demands redo OTTAWA — Advocates are calling on the federal government and the City of Vancouver to halt the march toward possible drug decriminalization in the city, saying the process excludes users and demands a do-over. In a letter to federal Health Minister Patty Hajdu and the Vancouver and British Columbia working groups on decriminalization, a coalition of 15 organizations said the current… Source link

It will be incredibly emotional when Kobe Bryant is inducted into the Naismith Memorial Basketball Hall of Fame on Saturday. Not just for Bryant’s family, who will be celebrating without him, but for Michael Jordan.  Bryant’s widow Vanessa chose Jordan to present Kobe at the ceremony, which will undoubtedly bring up memories of Jordan’s tearful speech at Bryant’s memorial service. Jordan told ESPN’s Jackie MacMullan in a recent interview that he still gets emotional with it comes to Kobe,… Source link

U.S. Attorney General Merrick Garland is expected in his testimony before Congress on Wednesday morning to highlight new Department of Justice guidelines for investigations and cases related to domestic terrorism. The new guidelines, as outlined in a Justice Department memo obtained by Yahoo News, represent significant changes to how cases and investigations into domestic violent extremism are handled by federal prosecutors around the country, and put in place procedures for tracking those… Source link

The Daily Beast Mass Grave Dug on Banks of Ganges for 100 Possible COVID Victims Found Floating Down River Danish Siddiqui via ReutersIn a macabre twist to a situation that is already too dire to comprehend, authorities in the Indian states of Bihar and Uttar Pradesh have had to call in excavators to dig a mass grave after nearly 100 bloated and decomposing bodies were found floating in the Ganges River. Scammers Sell Fire Extinguishers as Oxygen Cylinders to Dying COVID Patients in… Source link

Tech stocks have gotten short-circuited so far this week, crushed under the weight of the lofty expectations built into them by profit-hungry investors.  The Nasdaq Composite fell close to 1% in early trading on Tuesday, extending its five-day loss to 2.1%. But underneath the hood of the Nasdaq tells the broader story of a market losing a bit of risk appetite.  Tesla shares dropped by as much as 5% in today’s session, and was the top trending ticker on Yahoo Finance around noon ET. Virgin… Source link

Stocks fell Tuesday morning, with the Nasdaq adding to Monday’s losses as technology stocks came under increasing selling pressure as inflation concerns rose.  The S&P 500 and Dow also dropped. A day earlier, the Dow briefly topped 35,000 for the first time ever before erasing gains to end in the red. The Nasdaq dropped 2.6% to post its worst day since March. The S&P 500 also dropped more than 1%, with technology stocks sliding as traders rotated away from high growth stocks that could be… Source link

Loretta Mester, president of the Federal Reserve Bank of Cleveland, spoke with Yahoo Finance to discuss the weaker-than-expected April 2021 jobs report and where Fed policy is headed next. Below is a transcript of her appearance on May 11, 2021. – BRIAN CHEUNG: Thanks Julie. Joining us now here on Yahoo Finance Live for an exclusive interview is Federal Reserve Bank of Cleveland President Loretta Mester. Thank you so much for joining us here on the program this morning. I want to kick things… Source link

TipRanks Buy These 2 New Stocks Before They Jump Over 80%, Says JPMorgan In the past week, investors have had to cope with multiple conflicting signals from the markets. The April jobs report, which was expected to show almost 1 million new positions for the month, showed only 266,000. The official unemployment number ticked upward slightly to 6.1%, and hourly wages also gained – by 0.7%. That last would seem to be a positive – except that, combined with the massive government stimulus… Source link

Triller Fight Club’s next pay-per-view show is moving to June 19 at loanDepot Park in Miami and will feature two fights for all four belts. In the main event, lightweight champion Teofimo Lopez will defend his IBF-WBA-WBC-WBO title against mandatory challenger George Kambosos Jr. In the co-main event, women’s WBC-WBO super middleweight champion Franchon Crews-Dezurn will meet IBF-WBA champion Elin Cederroos. Lopez is currently a -1000 favorite at BetMGM, with Kambosos at +625. Kambosos was… Source link

TipRanks Buy These 2 New Stocks Before They Jump Over 80%, Says JPMorgan In the past week, investors have had to cope with multiple conflicting signals from the markets. The April jobs report, which was expected to show almost 1 million new positions for the month, showed only 266,000. The official unemployment number ticked upward slightly to 6.1%, and hourly wages also gained – by 0.7%. That last would seem to be a positive – except that, combined with the massive government stimulus… Source link