Yahoo News

(Credit: Yahoo) Yahoo Groups will shut down for good on Dec. 15, a year after company parent Verizon decided to gut most of the functionality from the 20-year-old discussion board platform.  Yahoo said supporting the platform “no longer fit” with its long-term strategy, citing low use. At the same time, Yahoo is indicating it’s moving away from hosting user-generated content.  “Yahoo Groups has seen a steady decline in usage over the last several years,” Yahoo said in a FAQ about… Source link

(Bloomberg) — U.S. stocks extended their July rally amid a surge in technology shares and on news the White House and Democrats are planning to meet Saturday to discuss the next virus-relief package. Chief of Staff Mark Meadows said the administration is willing to compromise while House Speaker Nancy Pelosi noted Republicans didn’t have the votes to extend the $600 per week unemployment benefit that’s propped up incomes and spending. The Nasdaq 100 outperformed on solid earnings from… Source link

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

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

[unable to retrieve full-text content]Who will emerge as Patrick Mahomes’ nemesis? | Yahoo Sports NFL Podcast  Yahoo Sports Source link

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

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

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

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

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