For more business and finance explainers, check out our Yahoo U page. For the fifth time in its history, Apple (AAPL) will split its stock. Alongside its earnings report for the third quarter of 2020, Apple announced plans for a 4 to 1 stock split, effective Aug. 24. Shares of Apple were trading close to $420 as of July 31. Stock splits have little fundamental effect on the company itself, but the financial maneuver allows companies to capitalize off of a rising stock price by increasing… Source link
Read More »What is a stock split: Yahoo U
For more business and finance explainers, check out our Yahoo U page. For the fifth time in its history, Apple (AAPL) will split its stock. Alongside its earnings report for the third quarter of 2020, Apple announced plans for a 4 to 1 stock split, effective Aug. 24. Shares of Apple were trading close to $420 as of July 31. Stock splits have little fundamental effect on the company itself, but the financial maneuver allows companies to capitalize off of a rising stock price by increasing… Source link
Read More »Who will emerge as Patrick Mahomes’ nemesis? | Yahoo Sports NFL Podcast – Yahoo Sports
[unable to retrieve full-text content]Who will emerge as Patrick Mahomes’ nemesis? | Yahoo Sports NFL Podcast Yahoo Sports Source link
Read More »Oil giants lost billions as pandemic crushed demand for fuel
NEW YORK — Two American oil giants lost more than $9 billion in the second quarter as the pandemic kept households on lockdown, cutting a gaping hole into a once-thriving business as the need for oil diminished around the world. Exxon lost $1.1 billion in the second quarter, and the Irving, Texas-based oil producer brought in $32.6 billion in revenue, less than half of what it brought in at the same time last year. Chevron Corp. lost $8.27 billion during the quarter, a sharp contrast to the… Source link
Read More »Majority of Democrats want Biden to pick a Black woman for vice president
WASHINGTON — As presumptive Democratic nominee Joe Biden prepares to announce his vice presidential pick, a new Yahoo News/YouGov poll finds that a majority of Democrats believe that Biden should tap a Black woman to join him on the ticket in November. Biden, who promised that he would pick a woman to be his running mate during the Democratic primaries, has said he would reveal his decision in early August. Sixty percent of Democrats think it’s important for Biden to select a Black… Source link
Read More »What we know — and what we don’t — about Susan Rice, a potential Biden VP pick
Presumptive Democratic presidential nominee Joe Biden has long said there is one quality in a vice presidential pick that he values above all: the ability to be “simpatico” with him. And only one vice presidential shortlist finalist — former Obama administration national security adviser Susan Rice — boasts a long personal and professional relationship with the former vice president. The pair worked closely during the Obama years, and she is considered a member of Biden’s inner… Source link
Read More »Most Trump voters won’t accept Biden win if margin is determined by mail-in ballots [Video]
Most Americans now believe that President Trump will not accept the results of November’s election if he loses to Joe Biden, according to a new Yahoo News/YouGov poll — and an even larger majority of Trump voters say they, too, will refuse to accept a narrow loss if mail-in ballots contribute to Biden’s victory. Source link
Read More »Most Trump voters say they will not accept the 2020 results if Biden wins because of mail-in ballots
Most Americans now believe that President Trump will not accept the results of November’s election if he loses to Joe Biden, according to a new Yahoo News/YouGov poll — and an even larger majority of Trump voters say they too will refuse to accept a narrow loss if mail-in ballots contribute to Biden’s victory. In the midst of a pandemic that has seen many states expand their mail-in balloting systems to limit dangerous crowding on Election Day, the issue of postal voting took center… Source link
Read More »J.J. Redick takes on Trump
LAKE BUENA VISTA, Fla. — Last week, as the NBA was gearing up for a historic season resumption after a four-month hiatus caused by the COVID-19 pandemic, President Donald Trump issued a warning on his Twitter account that kneeling during the playing of the national anthem would be a “sign of great disrespect” and added the game would be “over for me!” Looking forward to live sports, but any time I witness a player kneeling during the National Anthem, a sign of great disrespect for… Source link
Read More »Yahoo Sports Enhance NBA Action With Virtual Reality, Fantasy Games, Sports Betting
Yahoo Sports and the National Basketball Association (NBA) are joining forces to enhance the at-home fan experience with a multiyear relationship that will make Yahoo Sports an Official Marketing Partner of the league and RYOT a live virtual reality (VR) production partner during the NBA Restart in Orlando. The relationship will also allow Yahoo… Source link
Read More »