Yahoo News

Progressive Senator Elizabeth Warren (D-MA) on Wednesday applauded the Facebook (FB) oversight board’s decision to uphold the ban on former President Donald Trump from the site for the time being. But she warned that the move demonstrates the outsized power of the social media platform, and reaffirms her call to break up the nation’s tech giants. “I’m glad that Donald Trump is not going to be on Facebook,” she tells Yahoo Finance Editor-in-Chief Andy Serwer. “Suits me.”  “But part two is that… Source link

New weekly jobless claims set a new pandemic-era low last week, falling below 500,000 for the first time since March 2020, with initial filings trending decidedly lower in recent weeks amid the pick-up in economic activity.  The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended May 1: 498,000 vs. 538,000 expected and a… Source link

Bloomberg U.S. Pushes Vaccine Waiver; Japan’s Emergency: Virus Update (Bloomberg) — U.S. support for a waiver of patent protections for vaccines is heading to the World Trade Organization, with the European Union and China signaling a willingness to take part in the negotiations.India reported its highest-ever daily tally of 412,262 new virus cases and also a record 3,980 deaths. Indian drugmakers warned that a halt on some cargo flights from China could disrupt the global pharmaceutical… Source link

Actress Jessica Alba’s eco-friendly personal care products brand Honest Co. (HNST) surged 44% in its trading debut on the Nasdaq. Shares of Honest Co. sold for $16 in their initial public offering to close at $23 per share in trading Wednesday, giving the company a market value of about $2.1 billion. Honest CEO Nick Vlahos told Yahoo Finance Live that the successful IPO was a “validation” of the company’s strategy. “We’re a mission driven brand. We are at the forefront of this kind… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, May 6, 2021 One year after carnage, the strongest labor market on record.  The April jobs report tomorrow morning should be a barnburner. But outside of a big number for job gains last month — consensus estimates are that nonfarm payrolls grew by 995,000 last month, according to the latest data from Bloomberg — we also see a labor market recovery that continues to be an almost… Source link

Yahoo Sports will keep you updated nightly on the NBA playoff race during the last two weeks of the regular season. Check back daily for the latest movement in the standings, what to watch for and teams securing their 2020-21 playoff berths. Wednesday’s standings Eastern Conference 1. Philadelphia 76ers (45-21) 2. Brooklyn Nets (43-23, 2 GB) 3. Milwaukee Bucks (42-24, 3 GB) 4. New York Knicks (37-29, 8 GB) 5. Atlanta Hawks (37-30, 8.5 GB) 6. Boston Celtics (35-31, 10 GB) Play-in tournament 7. Miami… Source link

Hall of Famer Tony La Russa developed a reputation as a master strategist while managing the Oakland A’s and St. Louis Cardinals to a total of three World Series championships. His second tenure with the Chicago White Sox is off to a bumpy start. And a decision in Wednesday’s 1-0 loss at Cincinnati will only raise more doubts about whether he is the right person for the job. La Russa acknowledged he was unaware of a rule that would have allowed him to use José Abreu as the automatic runner at… Source link

Closing your account is a two-step process: securing any information that you might want, and then shutting the account down for good.  Once you close your account you’ll lose access to all of your data and content, including emails, calendars, Yahoo Fantasy Teams, and Finance portfolios. But that information can be easily archived before your delete your account. It’s easy to transfer old emails to most other email services. For instance, if you want to move Yahoo emails to a Gmail account,… Source link

Stock futures traded flat Wednesday evening following a mixed session on Wall Street, with performance between the Dow and Nasdaq diverging as investors weighed concerns over inflation and higher rates that might drag on growth stocks.  Contracts on the Dow opened little changed after the index hit record intraday and closing highs during the regular session. Contracts on the Nasdaq also drifted, after the index fell 0.4% for its fourth straight day of losses – its longest losing streak… Source link

Yahoo Life Videos Motherless Mother’s Day: How one woman has created a healing space for those who grieve Every May, companies blast out commercials urging people to buy gifts for Mother’s day. The day is meant to honor the role mothers play in our lives, but for those who have suffered a loss, it can be a painful reminder of the void that remains. Alicia Forneret lost her mother in 2016, and feels the weight of the holiday every year. “I know how challenging it is to get to this weekend,… Source link