ARK Invest founder and CEO Cathie Wood relinquished her role as portfolio manager at two of the investment management firm’s exchange-traded funds, according to a regulatory filing. William Scherer, who has served as a trading manager at ARK since 2014, has been appointed to handle investments in place of Wood for the company’s two index funds, ARK 3D Printing ETF (PRNT) and ARK Israel Innovative Technology ETF (IZRL) beginning September. The 3D printing-focused fund has a net value of… Source link
Read More »Latinx and Hispanic entrepreneurs discuss how they’ve found success at In The Know by Yahoo’s live event
For the second year in a row, In The Know by Yahoo hosted a live panel of Latinx and Hispanic business founders in celebration of Latinx Heritage Month. The sold-out show, which took place at Mexican hot spot Cosme, was moderated by In The Know’s beauty producer Lisa Azcona. The night’s speakers — which included Lyana Blount, the CEO of Black Rican Vegan; Adriana Carrig, the founder of Little Words Project; and Brandon Pena, the CEO of 787 coffee — all shared insights into how… Source link
Read More »Joel Embiid, Doc Rivers didn’t help mental health struggles
Simmons: Embiid, Rivers didn’t help mental health struggles originally appeared on NBC Sports Philadelphia Enigmatic former Sixers star Ben Simmons appeared on JJ Redick’s podcast Thursday and finally spoke candidly about basically every hot-button topic that popped up around him since June 2021. One of the main points of contention for Sixers fans was the way he dealt with the summer following their series-long meltdown to the Hawks in the 2021 postseason and his apparent disconnect from the… Source link
Read More »From AstroTurf to ‘frankenturf:’ Inside the NFL’s behind-the-scenes battle to fix its turf problem
Odell Beckham Jr. was on his way to a redemptive Super Bowl LVI last February until a wrong step derailed his crowning night. The Los Angeles Rams receiver’s plant foot got stuck in the SoFi Stadium turf as he twisted his body to try to snag a pass thrown just behind him. To NFL players who had campaigned in vain to rid the sport of artificial turf, the sight of Beckham crumpling to the ground and clutching his knee was not only tragic but avoidable. They unleashed a barrage of tweets… Source link
Read More »Mortgage rates jump again, remain above 6%
Mortgage rates jumped more than a quarter point this week and remain at the highest level in 14 years, offering no relief to sidelined homebuyers. The average rate on the 30-year fixed mortgage increased to 6.29% from 6.02% last week, according to Freddie Mac, marking the highest point since the last week of October 2008. Rates are more than 3 percentage points higher than at the start of the year. Rapidly rising rates this year have only made what was an unaffordable housing market for many… Source link
Read More »What can we expect from Tom Brady and Buccaneers?
We’ve been waiting so long to write off Tom Brady that it’s happening prematurely this season. There have been plenty of things said about Brady just two weeks into the season. Plenty have wondered, after the Tampa Bay Buccaneers weren’t great on offense the first two weeks, if Brady is feeling his 45 years finally. Here are the reasons the Buccaneers offense hasn’t been great yet: Chris Godwin, Donovan Smith, Julio Jones, Ryan Jensen. They’ve all missed time this season due to… Source link
Read More »Yahoo DFS Baseball: Thursday Picks
Thursday’s slate brings a heavy dose of day games. Among the pitchers to take the mound early will be George Kirby, who will be looking to improve the Mariners’ playoff positioning in a favorable matchup against the Athletics. For the night slate, Aaron Judge will try to continue his assault on the record books when the Yankees host the Red Sox. We also have the potential for a stellar pitching matchup out West with Julio Urias and the Dodgers facing Zac Gallen and the Diamondbacks. Let’s… Source link
Read More »Wall Street is finally getting the Fed’s message on interest rates: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, September 22, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Stocks are finally listening to Jay Powell and the Federal Reserve. In a highly anticipated move Wednesday, the Federal Reserve hiked its benchmark interest rate by 0.75 percentage points after… Source link
Read More »Lineup picks for the Sunday Baller contest
The NFL Week 3 main slate begins Sunday at 1:00 p.m. EDT and features 13 games. Bye weeks have yet to begin, but the Thursday Night Football (Steelers-Browns), Sunday Night Football (49ers-Broncos) and Monday Night Football (Cowboys-Giants) participants are excluded from this slate. Yahoo will be running plenty of NFL DFS contests for Week 3, but the biggest is the Sunday Baller, which pays out a guaranteed prize pool of $300,000 to the top 4,722 finishers, including $50,000 to the winner…. Source link
Read More »GSK and Spero Therapeutics Announce Exclusive License Agreement for Late-Stage Antibiotic Asset, Tebipenem HBr
The exclusive license allows GSK to commercialize tebipenem HBr in all territories, except Japan and certain other Asian countries Spero Therapeutics receives $66 million upfront, with potential for future milestone payments, and tiered royalties. GSK to purchase $9 million in shares of Spero common stock LONDON and CAMBRIDGE, Mass., Sept. 22, 2022 (GLOBE NEWSWIRE) — GSK (LSE/NYSE: GSK) and Spero Therapeutics, Inc. (Nasdaq: SPRO) today announced they have entered into an exclusive license… Source link
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