Yahoo News

About 80% of household retail in sub-Saharan Africa is delivered through informal channels, which perennially face several challenges like stockouts, leading to an instability in earnings, and a lack of attractiveness to financiers. These challenges befall millions of micro-retailers across the continent, and Betastore, a B2B retail marketplace for informal retailers, is working to resolve in Nigeria, Ivory Coast and Senegal. The Betastore marketplace enables informal traders to source fast… Source link

Meta CEO Mark Zuckerberg.Drew Angerer/Getty Images A nonprofit advocacy group says a researcher’s avatar was raped in the metaverse. Other Meta users have also said they were sexually harassed or abused in the metaverse. Meta investors wanted a report on harms facing metaverse users, but shareholders rejected the idea. A researcher entered the metaverse wanting to study users’ behavior on Meta’s social-networking platform Horizon World. But within an hour after she donned her Oculus… Source link

(Bloomberg) — Investors should be ready for China’s stocks to outperform as potential positive catalysts loom, according to Europe’s largest asset manager Amundi SA. Most Read from Bloomberg The firm is turning more bullish on the country’s equities market after trimming exposure during the first quarter’s harsh selloff, according to Vincent Mortier, Amundi’s chief investment officer. Key developments to watch include the potential rollout of a homegrown mRNA Covid-19 vaccine and… Source link

WASHINGTON – Paul Pelosi, the husband of House Speaker Nancy Pelosi, was arrested Saturday in Napa, California, for allegedly driving under the influence, according to county records. A booking report shows Paul Pelosi, 82, was arrested at 11:44 p.m. PT Saturday, booked at 4 a.m. Sunday and charged with misdemeanors for allegedly driving with a blood alcohol content of 0.08% or higher. Bail was set at $5,000. Nancy Pelosi was not in California at the time of her husband’s arrest. She was in… Source link

Sam Burns had to sit in the clubhouse and wait for several hours Sunday afternoon. Yet when he finally stepped back onto the course, it was as if he’d never left. Burns, after posting a 5-under 65 early in the afternoon, sank a wild birdie putt from just off the green to overtake top-ranked Scottie Scheffler and win the Charles Schwab Challenge. Sam Burns drained a huge birdie putt to beat Scottie Scheffler in a playoff on Sunday afternoon. (Carmen Mandato/Getty Images) Burns has won three… Source link

Britney Spears shares why she skipped this year’s Met Gala. (Photo: REUTERS/Mario Anzuoni) A then-heavily pregnant Rihanna wasn’t the only music icon who had to give this year’s Met Gala a miss. While the A-list event drew Kim Kardashian channeling Marilyn Monroe and a who’s who of hitmakers ranging from Billie Eilish to Cardi B, it couldn’t quite lure one Britney Spears out of her house. Or even her bathtub. In a new Instagram post shared on Sunday, the pop star, 40, reveals that she skipped… Source link

Marcus Ericsson held on in a frantic two-lap shootout after a late red flag on Sunday to with the 106th running of the Indianapolis 500. After starting the race in fifth position, the 31-year-old Swedish former Formula 1 driver took a lead into the red-caution stoppage and maintained it throughout the late sprint to secure his first Indianapolis 500 win in front of a crowd of more than 325,000 fans. More heartbreak for favorite Scott Dixon Meanwhile, Scott Dixon found heartbreak at Indianapolis… Source link

A new platform being beta-tested hopes to re-introduce an element of what many social media companies have seemingly lost sight of amid industry controversies — maintaining a sense of community. “A big differentiator for us is creating a space where people feel like they don’t have to perform,” Somewhere Good Founder and CEO Naj Austin said on Yahoo Finance Live (video above). “There are no likes. There are no followers. There are no algorithms tracking you. We’ve removed any temptation for… Source link

Higher education has taken a beating over the last two years of the coronavirus pandemic, including a decline in student enrollment and concerns over college affordability. As a result, it’s forced the industry to rethink what it contributes to the younger generation, according to the CEO of a major education company. “The value of education has to be redefined,” Chegg (CHGG) CEO Dan Rosensweig told Yahoo Finance at the World Economic Forum (WEF) in Davos, Switzerland. “What’s the cost?… Source link

On Friday, the S&P 500 broke a 7-week losing streak, the index’s longest since 2001. Concerns about a slowing economy and tighter monetary policy from the Federal Reserve have been at the center of this decline. Last week’s rebound likely has some investors wondering if the worst is over for stocks, and asking if we’re set to see a comeback similar to what followed the pandemic-induced bear market of 2020. One strategist, however, doesn’t see the ingredients for this kind of rebound in the… Source link