Yahoo News

While Zoom (ZM) nabbed the coveted Yahoo Finance Company of the Year award for 2020 because of its role in helping to power the new work-from-home world and its stock’s insane 420% advance, tech stalwart Apple (AAPL) didn’t have a slouch of a year. The iPhone maker hit the $2 trillion market cap level on Aug. 19 and its stock hasn’t looked back. In fact, some of the stats around Apple’s stock this year are nothing short of stunning, considering the world is in the grips of an economic… Source link

The presidential election was on Nov. 3; most news organizations pronounced Joe Biden and Kamala Harris the winners a few days later; states certified their results by Dec. 8; and the Electoral College met on Dec. 14. But there’s still a bit of election business to wrap up between now and Inauguration Day. Yahoo News explains how the next Congress may ultimately decide the 2020 election — on Jan. 6, 2021. Source link

The legal fight between Washington Football Team owner Dan Snyder and his three limited partners keeps getting messier. According to Daniel Kaplan of The Athletic, a new court filing reveals that the limited partners have accused Snyder of “corporate malfeasance,” and allege that he sent “intruders” to the home of the partners’ adviser, John Moag, to harass him. Washington Football Team owner Dan Snyder has been accused of corporate malfeasance by his limited partners. (Rich… Source link

TipRanks These 2 Penny Stocks Are Poised to Go Boom, Say Analysts Wall Street has mixed feelings about penny stocks. These tickers changing hands for less than $5 per share either draw investors in with their high return potential or send them running for the hills, but why?When we say high return potential, we aren’t exaggerating. The bargain price points allow investors to snap up more shares than possible when investing in other more well-known names. What’s more, even what feels like… Source link

From Men’s Health Fossilized footprints in Saudi Arabia show human traffic on the cusp of a subsequent ice age. Like carbon dating, scientists use isotopes and context clues to calculate the approximate age of fossils. These human prints were surrounded by animals but not hunted animals, indicating humans were just thirsty. A uniquely preserved prehistoric mudhole could hold the oldest-ever human footprints on the Arabian Peninsula, scientists say. The seven footprints, found amidst a clutter of… Source link

Bloomberg Wrong-Way Bet on Covid Is Changing Oil-Trading Industry Forever (Bloomberg) — In January, as a mysterious illness ripped through the Chinese city of Wuhan, global oil prices plunged. Two thousand miles away in the island state of Singapore, one of the most powerful men in the world of commodities trading, Lim Oon Kuin, quietly added to his vast stockpiles of fuel – making a bet that China would successfully control the spread of the new disease.That gamble soured quickly. While… Source link

Tuesday, December 29, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe The goods-based recovery. About 70% of U.S. GDP growth comes from consumer spending. And this spending can basically be broken into two categories — goods and services. A good is an item — a couch, a car, a shirt. A service is basically anything else — a meal, a surgery, an Uber. And about two-thirds of this spending from consumers is typically focused on… Source link

After a turbulent year in the “Monday Night Football” booth, Booger McFarland has been honing his chops on the ESPN analyst desk during the 2020 NFL season. Amid a roundtable discussion about Dwayne Haskins on “Monday Night Countdown,” McFarland delivered a take that, well — let’s just say it will garner some attention. The Washington Football team released Haskins on Monday, a shocking decision considering it used a first-round draft pick on the Ohio State quarterback just last… Source link

The passes skipped. The sacks got taken. The question no longer was if Bill Belichick should pull Cam Newton, but why hadn’t he already. If not for performance reasons, then humanitarian. Watching the NFL’s one-time Superman stagger about Monday was like seeing an aged boxer get into the ring one time too many. There was no puncher’s chance here, just Buffalo humiliating Newton and New England, 38-9, sealing the Patriots’ first losing season since 2000. If you were looking for a big,… Source link

Let’s review some of the Bears headlines out of Chicago from earlier this season, shall we? All of it was fair. The Bears were bad. A 5-1 start, which was propped up by some extremely close wins, was a mirage. Even if everyone outside of Illinois seemed to understand that, what happened next was surprising. The Bears went completely in the tank, losing six in a row. #FireEverybody became a thing among Bears fans. Those negative headlines stared at Chicagoans every day. At that point, with… Source link