Yahoo News

In the latest NBA mock draft from Yahoo! Sports, Rutgers basketball forward Ron Harper Jr. is off the board late in the second round. The mock draft has Harper being taken No. 58 overall to the Cleveland Cavaliers. Krysten Peek writes about Harper and what he brings to Cleveland as a second-round pick: “He’s not afraid of the big moment and has a decent first step off the wing to get past defenders. Harper averaged 15.8 points and 5.9 rebounds per game this past season.” Harper will go… Source link

Target (TGT) CEO Brian Cornell cited inflation and “historic highs with inventory levels” as he pulled back the curtain on his major decision to aggressively markdown inventory amid “an environment many of us haven’t seen before” in remarks on Tuesday. “I recognized after a few weeks of looking at our own stores, analyzing our business, looking at competition, and hearing from our team that we [had] to address this problem upfront,” Cornell explained at an event held at The Economic Club of… Source link

More than two thirds of Canadians believe the country is heading for a recession, a new Yahoo/Maru Public Opinion poll has found. (Getty Images) More than two-thirds of Canadians believe the country is heading for a recession, a new Yahoo/Maru Public Opinion poll has found, in the wake of rapidly rising interest rates and soaring inflation. The survey of 1,515 Canadians, conducted between June 17 and June 19, found that 68 per cent believe the country is heading towards a recession. Another 17… Source link

(Warning: This story contains allegations of sexual misconduct.) Cleveland Browns quarterback Deshaun Watson settled with 20 of the 24 women who filed civil lawsuits against him, attorney Tony Buzbee said Tuesday. “Today I announce that all cases against Deshaun Watson, with the exception of four, have settled,” Buzbee said in a statement. “We are working through the paperwork related to those settlements. Once we have done so, those particular cases will be dismissed. The terms and… Source link

Yahoo will become DirecTV’s exclusive one-stop demand-side platform for programmatic TV ad buyers. Why it matters: The deal aligns with efforts to make TV ad buying easier and targeted to individual consumers. It also unites two players that have undergone massive change lately. Private equity pairing: Last year, Verizon sold Yahoo to Apollo Global Management, and AT&T spun off DirecTV in a deal with TPG. Details: Yahoo’s demand-side platform now reaches 25 million addressable TV households,… Source link

Golf has come to this: it’s now news when a player announces he’s staying with the PGA Tour. Collin Morikawa, the two-time major winner who led early in the U.S. Open before a disastrous Saturday, has reaffirmed his commitment to the PGA Tour. Hours after news broke that Brooks Koepka would jump to LIV, Morikawa took to Twitter to make his position clear. “I’ve said it since February at Riviera that I’m here to stay on the @PGATOUR,” Morikawa wrote, “and nothing has changed.” While the PGA… Source link

Last month, the annualized rate of inflation hit 8.6%, the highest in more than 40 years. Last week, in response, the Federal Reserve bumped up its benchmark interest rate by 75 basis points, the largest such hike since 1994. The combination of high inflation and aggressive tightening action by the central bank sent an already jittery stock market to its worst single week since the onset of the COVID crisis, and has economists talking gloomily about a repeat of the late 1970s and early… Source link

Kyrie Irving is, undoubtedly and unquestionably, one of the best basketball players in the world. You still have to wonder why anyone would want him on their team. Irving is reportedly at an “impasse” in discussions with the Brooklyn Nets about his future. Details are scarce but The Athletic reported that Irving is considering “the open marketplace” rather than exercising his $36.9 million player option for the 2022-23 season prior to the June 29 deadline. The story is probably just a… Source link

In 1970, five states — Alaska, California, Hawaii, New York, and Washington — stepped to the front of that era’s abortion debate and legalized the elective version of the procedure. The Supreme Court extended those rights across the country just three years later with the landmark Roe v. Wade decision, which found the Constitution’s guarantee of privacy protects the right to an abortion. Today, economists are keenly focused on that three-year window for hints as to what might happen if… Source link

Nick Faldo’s 16-year career as a golf commentator on CBS Sports is coming to an end. Faldo announced Tuesday that he’s stepping out of the booth, which he currently shares with Jim Nantz, and retiring. Faldo was last seen in the 18th tower for CBS at the RBC Canadian Open nine days ago, just ahead of the U.S. Open, and will be working this week at the Travelers Championship. Faldo, a six-time major winner, once said he never imagined himself doing TV work at all. “Just the complete… Source link