Yahoo News

It was a slow weekend in terms of baseball transactions, but one team did confirm their biggest — and really only — significant signing of the offseason. On Monday, the Athletics officially signed closer Trevor Rosenthal to a one-year, $11 million contract. The right-hander will only be paid for one season of work, but he’ll get that $11 million over three years; $3 million in 2021, $3 million in 2022, and $5 million in 2023. Rosenthal was excellent in 2020, and if he puts up similar type… Source link

CBC Happier, fit and on new poles: Alysha Newman targets indoor Canadian record (Kirby Lee-USA TODAY Sports via Reuters/File – image credit) Alysha Newman was back to her old self, laughing, poking fun at her best friends and fellow pole vaulters on a drive to an indoor competition, and no longer doubting her place in the sport. In her best running shape and technical form, Newman isn’t ruling out the possibility of raising her 4.82-metre Canadian record to 4.85 or 4.90 in the coming weeks…. Source link

GlobeNewswire Europe Dietary Supplements Market Worth $33.80 Billion by 2027; Prominent Companies Such as Archer Daniels and Nestle to Focus on Widening Their Business Horizons: Fortune Business Insights™ Top companies covered are Suntory Holdings Ltd. (Tokyo, Japan), Danone S.A. (Paris, France), Herbalife Nutrition Ltd. (California, United States), GlaxoSmithKline plc (Brentford, United Kingdom), Amway Corp (Michigan, United States), Pfizer Inc. (New York, United States), Nestle S.A. (Vevey,… Source link

By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) – Bitcoin plummeted as much as 17% on Tuesday as investors grew nervous at sky-high valuations, triggering the liquidation of leveraged bets and sparking a sell-off across cryptocurrency markets. The world’s biggest cryptocurrency was facing its biggest daily drop in a month, falling to as low as $45,000. In choppy trading, it was last down 15.6%. The drop took its losses to over a fifth from a record high of $58,354 hit on Sunday and… Source link

The electric vehicle (EV) revolution is gaining serious momentum. According to experts’ projections, demand for electric vehicles should rise at a 21.1% Compound Annual Growth Rate (CAGR) until 2026. The extraordinary demand that is forecast for EVs over the next five years has now begun to trigger a massive disruption in the global energy markets. As demand for EVs continues to move higher, the demand for lithium – the critical component needed for the batteries that power all those EVs… Source link

On Wednesday February 24th, Yahoo will continue their celebration of Black History Month with the event Black History is American History. This hour-long virtual panel will include entrepreneur and philanthropist Percy “Master P” Miller, ESPN host and personality Elle Duncan, Cook County State’s Attorney Kim Foxx and NFL player and best selling author Sam Acho. The panel will be led by Yahoo Finance’s Kristin Myers and will feature a virtual town hall style discussion with questions… Source link

Bloomberg Wall Street Is Inflation-Proofing Its Debt-Market Portfolios (Bloomberg) — From money managers at BlackRock and T. Rowe Price, to analysts at Goldman Sachs, to the credit shops run by Blackstone and KKR, a new economic reality is prompting Wall Street’s most powerful forces to adjust their investment strategies.The rise in inflation set to accompany the post-pandemic economic boom is threatening to reverse the four-decade decline in U.S. interest rates, sparking a rush to protect… Source link

Bloomberg Lucid Motors Agrees to Go Public With $24 Billion Valuation (Bloomberg) — Lucid Motors Inc. is merging with a blank-check company run by financier Michael Klein that values the combined entity at a pro-forma equity value of $24 billion, the biggest in a series of deals involving electric-vehicle startups cashing in on investor appetite for battery-powered cars.The carmaker has shied away from comparisons to market leader Tesla Inc., but the public listing positions it to compete for… Source link

Seattle Mariners president and CEO Kevin Mather issued an apology Sunday night after a video surfaced on YouTube of controversial remarks he made to the Bellevue Breakfast Rotary Club on Feb. 5. During the video conference with the club, which lasted over 45 minutes and included a question and answer portion, Mather made racist remarks criticizing his own players’ English skills, called a player overpaid, got the name of one of the team’s prospects wrong, trashed the facilities of their own… Source link

Stock futures opened slightly higher Monday evening, steadying after steep regular-session losses in the S&P 500 and Nasdaq.  During the regular session, the S&P 500 fell for a fifth straight day for its longest losing streak since February 2020, and the Nasdaq posted its worst day in a month as investors rotated away from growth and tech stocks. Shares of airlines, cruise lines, lodging companies and other service-based beneficiaries of a post-pandemic economic reopening rallied strongly,… Source link