Yahoo News

The Cleveland Cavaliers are addressing the Kevin Love incident internally as the forward apologized to his team after Monday night’s loss to the Toronto Raptors, league sources told Yahoo Sports. Love could be fined by the Cavaliers for swatting the basketball inadvertently inbounds out of frustration towards an official, resulting in a turnover and leading to a three-pointer by the Raptors. Love’s intent wasn’t to slap the ball inbounds, sources said. Love was frustrated with officials… Source link

(Bloomberg) — U.S. equities slipped from all-time highs as technology shares faltered ahead of a batch of earnings reports from industry heavyweights. The S&P 500 fell for the first time in three sessions, with Tesla Inc. and Alphabet Inc. the biggest contributors to the decline. The tech-heavy Nasdaq 100 fell the most among the major U.S. indexes. 3M Co. weighed down the Dow Jones Industrial Average after it warned that rising costs for raw materials and transportation is a worsening… Source link

As April comes to a close, some fantasy managers will start to reach panic mode with their struggling players. This is a great time to acquire those who are in a slump, especially pitchers whose numbers may have been skewed by one bad start. You will find plenty of mid-level hurlers in this space, and my advice is to acquire them before their next outing. Players to acquire Fantasy managers will initially believe that 2021 is more of the same for Heaney, who last produced an ERA under 4.00 in… Source link

The U.S. is slowly ramping up its commitments to help India, which has been consistently reporting more than 300,000 new daily coronavirus cases. But as the world’s second most populous country — with more than 1.4 billion people — some experts say the response is too slow. “There is a humanitarian reason to do this, as well as self-interest, to prevent new variants from arriving,” Dr. Leana Wen, former Baltimore health commissioner and a visiting professor at the Milken Institute School… Source link

Warren Buffett has a storied history with airline stocks, once quipping, “I am Warren and I am an aeroholic.” But the spectacular returns for the industry over the last year are casting a dark cloud on Berkshire Hathaway’s decision to dump all of its airline holdings in May 2020 as prices were bottoming. Berkshire loaded up on stock of the four major U.S. carriers in 2016. At the 2020 Berkshire annual shareholders meeting, Buffett said he’d spent $7 billion to $8 billion amassing stakes in… Source link

Stocks were mixed Tuesday morning, with investors awaiting more corporate earnings results from major companies and a Federal Reserve monetary policy decision on Wednesday.  The S&P 500 ticked up, extending gains after the blue-chip index rose to an all-time high during Monday’s regular trading day. The Dow slipped, while the Nasdaq gained. Shares of Tesla (TSLA) fell after the company’s first-quarter sales results missed estimates, though earnings and automobile gross margins exceeded… Source link

The New York Times After Nearly a Year of Unrest, Portland Leaders Pursue a Crackdown PORTLAND, Ore. — After the protests have concluded, sometimes in the early morning hours, Margaret Carter finds herself climbing into her gray Toyota Camry and cruising the streets of Portland so she can see the latest damage for herself. Carter, 85, has been downtown to the Oregon Historical Society, where demonstrators have twice smashed out the windows, recently scrawling “No More History” on the… Source link

Bloomberg Bond Investors Take Ever-Riskier Bets in Hunt for Returns (Bloomberg) — Bond investors, emboldened by a recovering economy and a global vaccine rollout, are taking on more risk, sometimes a lot more risk.Insurers, pension systems and high-grade credit managers in the U.S. and Europe are buying bigger amounts of junk-rated debt to offset shrinking yields, forcing high-yield investors to jostle for allocations of BB rated bonds — the safest and largest part of their class with 60% of… Source link

Home price growth in the U.S. surged at the fastest pace in 15 years in February. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 12% annual gain in February, up from 11.2% in January. The rate is the highest year over year gain recorded by the index since February 2006. The 20-City Composite posted a 11.9% annual gain, up from 11.1% the previous month, beating consensus estimates of 11.9%, according to Bloomberg. “Housing’s strength… Source link

TipRanks Raymond James: These 3 Stocks Have Over 100% Upside on the Horizon We’re now in the heart of earnings season, and investors are paying close attention as companies report their financial results from the first quarter of 2021. It’s a routine, in some ways, but in others, there has never been an earnings season quite like this. It’s the first one post-pandemic, but perhaps more importantly, the results are coming out during a time of nearly unprecedented government stimulus… Source link