Yahoo News

Lyft beats Q1 earnings estimates, co-founder says ‘recovery is clear’

Bloomberg Pfizer Sees $26 Billion From Covid Shot, Big Potential Ahead (Bloomberg) — Pfizer Inc. laid out a plan to turn its Covid-19 vaccine into a long-term business, clinching supply agreements that will yield $26 billion in sales this year while expanding the shot to children and developing new formulations that can combat variants and be stored more easily.The drugmaker’s revenue forecast was an increase from $15 billion, reflecting the strong demand worldwide for a return to normalcy…. Source link

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Former Education Department boss argues against student loan forgiveness and free community college

An Education Department (ED) secretary during the George W. Bush administration said she was opposed to student debt cancellation and free community college because those policies would distort the value and price of post-secondary education credentials. “We need to empower consumers with better information about how much they spend and what the value of it is in the marketplace,” former Education Secretary Margaret Spellings said on Yahoo Finance Live (video above). “We need to reward… Source link

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‘We’re entering the harder phase’ of coronavirus vaccination

The U.S. COVID-19 vaccine rollout has led to roughly 145.3 million Americans receiving at least one dose and 104.8 million who are fully vaccinated. But the country is now approaching an impasse, with a large share of adults who are now eligible for the vaccine simply choosing not to get it. “The last three months were people who really, really wanted the vaccine and were going to do anything to get it,” Dr. Anand Swaminathan, an NJ-based emergency medicine physician, said on Yahoo Finance… Source link

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Verizon’s Media Business Never Made Any Sense

Remember the ‘90s? Photo: Laura Cavanaugh/2015 Getty Images On Tuesday, Verizon announced that it would be selling Yahoo and AOL. On the latest Pivot podcast, Kara Swisher and Scott Galloway discuss why it was never logical for the telecom giant to dabble in media and whether Yahoo was sold for less than it’s actually worth. Kara Swisher: Verizon… Source link

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Why MJF is one of wrestling’s best

Maxwell Jacob Friedman, aka MJF, is seen during AEW’s “Revolution” pay-per-view. (Credit: All Elite Wrestling) One of Maxwell Jacob Friedman’s defining characteristics is that he doesn’t care who he insults. Friedman has taken shots at his colleagues, fans, children and, in this case, the writer who is doing a profile on him. “As long as you’re not making eye contact with me, and you can’t because it’s over the phone, everything is fine,” Friedman quipped after being greeted. While… Source link

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‘Divorce is not something to waste money on’

Billionaire Microsoft (MSFT) co-founder Bill Gates and his wife, Melinda Gates, announced on Monday that they would end their 27-year marriage, likely fueling speculation about how the high-profile divorce will play out. Family lawyer Randy Kessler, who has handled divorce cases involving professional athletes and entertainers, accurately predicted what court documents show — that the Gates worked out in advance how to separate their estimated $130 billion in net worth. A petition for… Source link

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Warren Buffett is right, inflation is running rampant – Yahoo Finance

The New York Times A Psychedelic Drug Passes a Big Test for PTSD Treatment In an important step toward medical approval, MDMA, the illegal drug popularly known as ecstasy or molly, was shown to bring relief to those suffering from severe post-traumatic stress disorder when paired with talk therapy. Of the 90 people who took part in the new study, which is expected to be published later this month in Nature Medicine, those who received MDMA during therapy experienced a significantly greater… Source link

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Apollo believes its Yahoo revival plan can succeed where others failed

The private equity firm Apollo believes it has finally come up with a way to cash in on the promise of Yahoo. But after the venerable but faded online pioneer became a graveyard for the reputations of a succession of media and technology industry leaders, it probably would not pay to assume success too soon. The New York-based investment firm agreed earlier this week to pay communications giant Verizon $5bn for Yahoo, along with AOL and a collection of other digital media… Source link

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