Yahoo News

Bed Bath & Beyond has one foot in the grave and may be at risk of being pulled six feet under, one former retail CEO warned. “Bed Bath & Beyond is in a world of hurt because they have burned an enormous amount of available cash, their business has no forward momentum, and now as we all know they have an enormous leadership gap that they will have to fill,” Mark Cohen, Columbia University professor of retail studies and former long-time CEO of Sears Canada, said on Yahoo Finance Live (video… Source link

U.S. stocks have rallied so far in July, and a nearly 10% gain in the S&P 500 since June 16 has lead to speculation from some investors about whether the market has finally bottomed. But in the view of at least one market strategist, the answer to this question is an emphatic “No.” “It still looks a bit wobbly,” HSBC Chief Multi-Asset Strategist Max Kettner told Yahoo Finance Live on Monday. “To me, there’s this bear market rally we are seeing, because the underlying fundamental data… Source link

The Philadelphia Phillies are trying to shift the blame elsewhere after inviting Pete Rose back to the ballpark. Rose, who the team previously distanced itself from after he was accused of having a relationship with a minor, is expected to appear at Citizens Bank Park on Aug. 7 as part of a celebration of the team’s 1980 World Series win. The team said it consulted with Rose’s former teammates and said the commissioner’s office approved the invite. The invitation is notable, as it marks the… Source link

The NFL announced its exclusive streaming service on Monday, two months after reports surfaced it would introduce one for the 2022 season. NFL+ is “building upon what the league developed with NFL Game Pass” and will be offered at basic and premium levels, the league said in its announcement It will offer live local and primetime games on mobile and tablet devices as well as live game audio from every game. NFL library programming is also available on-demand, amongst other perks. The starting… Source link

By Luc Cohen NEW YORK (Reuters) -Former U.S. Congressman Stephen Buyer has been charged with insider trading over purchases of shares in telecommunications company Sprint before it merged with T-Mobile US Inc, prosecutors said on Monday. Buyer, a Republican who represented Indiana in Congress between 1993 and 2011, was working as a consultant to T-Mobile ahead of the 2018 merger, according to an indictment filed by federal prosecutors in Manhattan. “It’s always troubling whenever there’s… Source link

Research Highlights: Researchers have demonstrated for the first time a potential route of the SARS-CoV-2 spike protein damaging the heart. In study evaluating mice and human heart cells, the SARS-CoV-2 spike protein inflamed the heart muscle cells, which can lead to heart injury. Embargoed until 8 a.m. CT/9 a.m. ET, Monday, July 25, 2022 (NewMediaWire) – July 25, 2022 – CHICAGO Heart damage is common among patients hospitalized with COVID-19, leading many to wonder how the virus affects the… Source link

This article is part of our Yahoo DFS Baseball series. As far as Monday’s go, we have a busy one with 12 games on the schedule. After dropping two of three games to the Yankees, the Orioles will face another AL East foe in the Rays. The Red Sox have been reeling because of injuries, but they’ll march on for a matchup against the Guardians. There aren’t a ton of top-tier pitchers set to take the mound, although one that does stand out is Tony Gonsolin, who is scheduled to start versus… Source link

The internet giant has named Neetai Eshel as the new Managing Director of its R&D Centers in Israel, which include a center in Tel Aviv focused on development with engineers and programmers in the AdTech, video, and Data products, as well as a research site in Haifa Source link

Investors have breathed a sigh of relief up to this point in July as worst-case scenarios for the economy have failed to materialize. The Nasdaq Composite and S&P 500 are up an impressive 7.5% and 4.8%, respectively, so far this month. Shares of meme stock darlings GameStop and AMC have jumped 17% and 14.5%, respectively, as traders embrace the risk-on backdrop. Even 2022 laggard Netflix has seen its stock rise 25% month to date, even after another lackluster earnings report on July 19. Pros… Source link

Nearly a year ago to the day at the Tokyo Olympics, Tobi Amusan finished the women’s 100 meter hurdles medal race in arguably the worst place you can finish at a major track and field event: fourth. On Sunday during the last session of the 2022 World Athletics Championships, Amusan, a Nigerian who was an NCAA champion at Texas-El Paso, had the evening of her life. Running in the first of three semifinal heats, Amusan stunned the crowd and track fans by posting 12.12 seconds, breaking the world… Source link