Yahoo News

Yahoo data breach victims have less than a week to join million-dollar class action settlement

Settlement fund covers losses caused by multiple cyber-attacks, but you must apply by July 20 Yahoo users embroiled in multiple data breaches leading to the widespread theft of personal information have just six days left to join a multimillion-dollar class action settlement. The first Yahoo security incident took place in 2013. In what is considered to be one of the largest online breaches in history, the email provider originally said that one… Source link

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Donald Trump calls Nick Saban ‘Lou’ while endorsing Tommy Tuberville

President Donald Trump again endorsed former Auburn coach Tommy Tuberville on Monday night ahead of Tuesday’s special runoff election in Alabama. In doing so, however, he may have severely offended every single Crimson Tide fan in the state. Trump, attempting to praise Alabama coach Nick Saban, repeatedly called him “Lou Saban” instead. ‘Really successful coach,” Trump said about Tuberville on a conference call, via Alabama.com. “Beat Alabama, like six in a row, but we won’t even… Source link

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Millionaires want higher taxes as coronavirus crisis reaches boiling point

Disney heiress Abigail Disney and Ben & Jerry’s co-founder Jerry Greenfield are among a growing list of millionaires signing a petition for higher taxes. “Today, we, the undersigned millionaires, ask our governments to raise taxes on people like us. Immediately. Substantially. Permanently,” the petition states. “We are not restocking grocery store shelves or delivering food door to door. But we do have money, lots of it. Money that is desperately needed now and will continue to be… Source link

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Will it be the shortest recession in history?

The coronavirus pandemic has created one of the worst recessions the world has seen since the 1930’s Great Depression – but it is also shaping up to be one of the shortest. According to research from Commonwealth Bank’s international economics team, the global economy is already showing signs of bouncing back, following a “very deep [contraction] but very quick at only a few months”. “The months-long lockdown in the first half of 2020 means most economies will contract in 2020. But… Source link

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Stock futures open slightly higher ahead of bank earnings

Stock futures opened slightly higher Monday evening as investors looked ahead of a slew of earnings results from big banks Tuesday and later this week. Both the S&P 500 and Nasdaq erased earlier gains to close lower during Monday’s regular session. But each had advanced strongly earlier in the day, driven in part by hopes of a Covid-19 vaccine from Pfizer and BioNTech. The Dow closed higher, with a 4% rise in shares of Pfizer buoying the index. More roll-backs of reopening plans put a damper… Source link

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Father of missing Swedish backpacker in Victoria Max Castor dies

The father of a teenage backpacker who mysteriously vanished in regional Victoria more than a decade ago has died after years of tirelessly searching for clues into his son’s disappearance. Rolf Castor’s son Max went missing in April 2005, five months after he arrived in Australia from Sweden at the tender age of 19. His son’s disappearance without a trace prompted a personal mission from the father, who spent the next 15 years ensuring no stone went unturned. “He never gave up hope of… Source link

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Bank analysts warn of ‘confusing, sloppy, and shocking’ earnings as COVID-19 extends grip – Yahoo Finance

Bank earnings could reveal ugly-looking loan portfolios for the second quarter, but the industry hopes to champion its investment banking and cost-cutting efforts to squeeze out earnings. Earnings season will kick off on Tuesday as JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC) report earnings before the market bell, covering the large U.S. banks’ performances through the three-month period ended June 30.  “The upcoming [second quarter] earnings will be confusing, sloppy, and… Source link

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Tesla Falters After Optimism Over ‘Battery Day,’ India, S&P

(Bloomberg) — Tesla Inc.’s relentless surge faltered Monday, with shares erasing a double-digit gain and dipping into negative territory, despite enthusiasm ahead of several events that include the possible unveiling of new battery technology, the entry into a lucrative new market and the stock’s potential addition to the prestigious S&P 500 Index. Tesla shares, which had gained as much as 16% Monday before losing steam, have seen an incredible rally this year that has left Wall Street… Source link

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Yahoo Sports: “Hope is being vanquished” for football in the fall

After another record weekend of coronavirus cases in America, confidence in college football happening this fall continues to dwindle. Yahoo Sports’ Pete Thamel just published a particularly bleak article on the matter featuring quotes from Power 5 coaches, athletic directors, and high ranking officials. Under the cloak of anonymity, all said that the prospect of football this fall is a pipe dream. “Ultimately, no one is playing football in the fall,” said a high-ranking college… Source link

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