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LAKE BUENA VISTA, Fla. — NBA referees will join the players and coaching staff in gathering around the “Black Lives Matter” signage on the court to kneel during the playing of the national anthem to peacefully protest racial injustice in America, league sources tell Yahoo Sports. The 45 referees selected by the league to officiate the restart recently had a “spirited” debate on whether to insert themselves into the storylines and it was decided that they wanted to support the… Source link

Apple (AAPL) reported its Q3 2020 earnings on Thursday, surpassing expectations for the period. These are the most important numbers from the report compared to what analysts were expecting as compiled by Bloomberg. Revenue: $59.7 billion versus $52.3 billion expected Earnings per share: $2.58 versus $2.07 expected iPhone revenue: $26.42 billion. Services revenue: $13.2 billion versus $13.1 billion expected Accessories: $6.5 billion versus $6.1 billion expected Apple’s quarter was far outpaced… Source link

The extra $600 in weekly unemployment benefits provided the federal government to Americans amid the coronavirus pandemic is expected to expire after Friday as Congress struggles to agree upon the next stimulus package. A few Republican senators are pitching a last-minute proposal. U.S. Senators Mitt Romney (R-UT), Susan Collins (R-ME), and Martha McSally (R-AZ) introduced an alternative unemployment benefits (UI) legislation on Thursday aiming to prevent a gap in the distribution of the… Source link

The SEC is delaying the start of its college football season. The conference announced Thursday that it’s implementing a 10-game conference-only schedule for each team similar to the ACC, Big Ten and Pac-12. But unlike those three conferences, the SEC is also moving the start of football season back. The first SEC games will kick off on Sept. 26, three weeks after the original Week 1 start date on Labor Day weekend. The delay means that the SEC Championship Game won’t be played until Dec…. Source link

The economy is “leveling off,” following the worst drop in GDP on record amid the pandemic, says Mohamed El-Erian, chief economic advisor at Allianz. “It is the square root”–shaped recovery, El-Erian told Yahoo Finance’s On The Move. The economy contracted 32.9% in the 2nd quarter amid COVID related shutdowns, and then initially came back strongly as seen in last month’s jobs report and the initial improvement in jobless claims. “Now we’e getting the leveling off,” said… Source link

Zion Williamson and the New Orleans Pelicans kick off the NBA’s restart games in Orlando Thursday … [+] night. Starting next week, Yahoo Sports will be producing betting-focused broadcasts on League Pass. Photo by Jonathan Bachman/Getty Images Getty Images As part of a multi-year extension of their existing partnership, Yahoo Sports is now the NBA’s official gaming partner, an official marketing partner and will be producing league sanctioned betting… Source link

Grim jobless and economic growth data on Thursday underscored how badly the coronavirus pandemic has damaged the world’s largest economy, as still rising COVID-19 diagnoses in the Sun Belt region amplify concerns for the recovery, and America’s ability to contain the fallout. The U.S. continues a concerning upward trend in cases and deaths, with Texas, California and Florida all surpassing New York as states with the highest cases in the past week, surpassing 4.4 million cases. The Empire… Source link

[unable to retrieve full-text content]Yahoo Finance All Markets Summit: Road to Recovery  Yahoo Finance Source link

NEW YORK, July 30, 2020 – 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 Sports to engage fans through fantasy and sports betting in unprecedented ways, including the right to create sports… Source link