Walmart (WMT), which recently gave many of its workers a raise, said on Wednesday that two-thirds of its hourly associates will be full-time with consistent schedules by the end of the current fiscal year. Of Walmart’s 1.2 million hourly U.S. store associates, approximately 740,000 will be full-time hourly associates by Jan. 31, 2022. Going back to 2016, about 53% of Walmart’s hourly store workers were full-time — meaning just over 100,000 will have been moved to full-time status in that… Source link
Read More »Moderna CEO sees likely need for COVID booster for high-risk groups later this year
Moderna (MRNA) has its sights set on 2022 and beyond, even as it continues to produce doses for its COVID-19 vaccine this year. CEO Stéphane Bancel told Yahoo Finance Wednesday that governments are now focused on booster shots for next year, even though it’s unclear what type of booster shot will be needed — or when it will be needed — as worries surface over emerging variants. The pandemic still continues to claim casualties around the world, challenging efforts by the U.S., Britain… Source link
Read More »Yahoo Golf Talk: RBC Heritage
Don’t be fooled by the low scores last year, Harbour Town Golf Links presents a tough challenge for competitors. Kevin Kisner had this to say in his Tuesday presser, “If we don’t get a lot of rain, I think they can progress the conditions to playing more difficult than we’ve seen in years past, and if we get a little bit of sea breeze, I think it’ll be a really stern test with the conditions that I saw today.” I think Webb Simpson‘s record of 22-under last year is safe this week. With an… Source link
Read More »Coinbase is really worth $5 billion, not $100 billion: strategist – Yahoo Finance
TipRanks JPMorgan: 2 Stocks for Stellar Long-Term Gains According to JPMorgan CEO Jamie Dimon, the US is on the cusp of an economic boom which should fuel growth at least until 2023. Dimon attributes the prospect of strong growth to several reasons. “I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the U.S. economy will likely boom,”… Source link
Read More »Texas Nearly Went Dark Because Officials Misjudged Weather
(Bloomberg) — Texas came uncomfortably close to another round of rolling blackouts Tuesday night because grid operators misjudged the weather. The Electric Reliability Council of Texas, which manages most of the state’s grid, had counted on a mild cold front sweeping the state, lowering demand for power. It didn’t happen. As a result, demand on the grid was about 3,000 megawatts higher than anticipated — or the equivalent of 600,000 homes. The forecasting error, coming as 25% of power… Source link
Read More »Senator Elizabeth Warren breaks down America’s ‘broken student loan system’
Senator Elizabeth Warren (D-MA) grilled two student loan servicers and hosted experts at a student loan hearing on Tuesday before sitting down with Yahoo Finance to describe her argument for President Biden to unilaterally cancel $50,000 in federally-backed student loans for tens of millions of Americans. “Overall, in this hearing, it was perfectly clear [that] we have a broken student loan system,” Warren, chairwoman of the Subcommittee on Economic Policy at the Senate Committee on Banking,… Source link
Read More »UPDATE 3-Coinbase valued at $100 bln in Nasdaq debut
(Updates shares, adds comments from Coinbase CFO) By Echo Wang April 14 (Reuters) – Cryptocurrency exchange Coinbase Global Inc was valued at almost $100 billion in a Nasdaq debut on Wednesday that marked another milestone in the development of bitcoin and other digital assets. The company’s stock market debut, done through a direct listing where no shares are sold ahead of the opening, comes amid a surge in the value of cryptocurrencies which has lured a clutch of mainstream, top-tier firms… Source link
Read More »Coinbase Listing Puts Spotlight on Nasdaq As Bitcoin Booms
(Bloomberg) — Nasdaq Inc., an exchange that has never hosted a major direct listing, is about to try its hand on the most valuable company to go public using one.Coinbase Global Inc., the largest U.S. cryptocurrency exchange, is set to debut on Wednesday through a direct listing, an alternative to a traditional initial public offering that has only been deployed a handful of times. While Slack Technologies Inc., Palantir Technologies Inc. and most recently Roblox Corp. all listed on the New… Source link
Read More »Yahoo Cup PGA DFS Picks: The RBC Heritage
Jason Rouslin breaks down top PGA DFS picks for RBC Heritage Yahoo Cup daily fantasy tournaments, including Will Zalatoris & Branden Grace. Looking for a way to learn PGA DFS without jumping in with both feet? We have a perfect solution for you. This year, Yahoo and Yahoo Fantasy are offering a $10,000 freeroll called the “Yahoo Cup.” This contest awards a winner for weekly events and one winner at the end of the season who has the most cumulative points. That winner will receive… Source link
Read More »Yahoo Finance Presents: Senator Elizabeth Warren
The Daily Beast ‘It’s Attack After Attack’: Trans Youth Speak Out on Health and Sports Bills Aimed at Them Marcos del Mazo/GettyWillow Breshears says she has been contacted by several young transgender people in Arkansas over the last few days. “One of them said he was going to kill himself if the bill passed,” Breshears, an 18-year-old community organizer for the Center for Artistic Revolution and a founder of the Young Transwomen’s Project, told The Daily Beast of the… Source link
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