Yahoo News

Millions of dollars are owed after Wednesday’s verdict, when jurors sided mostly with Johnny Depp against ex-wife Amber Heard. The judge reduced the $15 million awarded to Depp to $10.35 million (based on a Virginia state law that limits punitive damages), and Heard was awarded $2 million in damages in her defamation countersuit. Her attorney Elaine Bredehoft said on Today Thursday morning that Heard’s next step is to appeal the verdict — and confirmed that the actress can “absolutely not”… Source link

When New York-born TikTok comedian Adam Waheed moved to Los Angeles to act, he wasn’t planning on running a comedy empire on social media. But roles were hard to come by — so he took to Instagram. Hundreds, if not thousands, of videos later, he’s a star. On Thursday, he launched a comedy network called WAHAHA with Fireside, a startup co-founded by Dallas Mavericks owner and “Shark Tank” judge Mark Cuban. Fireside helps performers like Waheed do live performances while interacting virtually… Source link

We now have an idea of how much NIL money a major college football program’s players can collectively earn. Ohio State coach Ryan Day said Thursday morning that he thinks it takes $13 million in endorsement deals to keep his roster intact. Day’s remarks at a school business event were reported by Cleveland.com and he said that a top quarterback can request $2 million in NIL deals. From Cleveland.com: Day said the Buckeyes have been gathering information by talking to recruits and their… Source link

A prolonged backlog in processing green cards is hindering the ability of the U.S. to compete with other nations for top tech talent, according to one Google executive. “The ability to attract and retain talent is absolutely critical to America’s technology leadership. Companies like Google depend on having green cards and visas to be able to bring in the world’s best computer scientists, the best software engineers,” said Karan Bhatia, vice president of public affairs and public… Source link

‘Nowhere else to go but up’ — Jim Cramer likes these 3 mega-cap tech stocks that have been soundly shellacked in 2022 With the Nasdaq Composite down 24% year to date, sentiment towards tech stocks is far from bullish. It’s hard to predict when the market will bottom, but CNBC’s Jim Cramer sees big opportunities in the tech space. “While they may stay losers, the bottom line is they’ve fallen so darn far that I think they’ve become metaphors for a whole host of stocks that are… Source link

The stock market is suddenly looking up. Or is it? Equities whipsawed throughout the month of May as investors contemplated falling economic growth projections and less-than-stellar earnings forecasts from retailers. Despite the bearish news, ongoing volatility, and consistent predictions of an impending recession, the S&P 500 ended the month roughly unchanged after mounting a recovery over the last few weeks. The rebound has some on Wall Street arguing that it’s time to be opportunistic and… Source link

Jayson Tatum leads Boston into Golden State for Game 1 of the NBA Finals. These single-game slates have been fun to break down, and I’m glad that we’re finally doing some Yahoo articles! I’ve been playing at Yahoo for years, and it’s one of my favorite DFS sites. The pricing is friendlier, and it’s much easier to construct your lineups. We’ve been burying the lead because this is Game 1 of the NBA Finals. We have Golden State and Boston doing battle, and it’s tough to know what… Source link

The housing market is starting to show signs of a slowdown. If the trend persists, the U.S could see an impact in other sectors of the economy — starting with big-ticket items that go into furnishing a new home. “The housing market is very much a leading indicator of the economy because of the knock on effects through the various sectors, like consumption of durable goods,” Eric Basmajian, founder of EPB Macro Research, told Yahoo Finance. He predicts durable goods such as large appliances… Source link

LeBron James is officially a billionaire. The Los Angeles Lakers star is worth an estimated $1 billion, according to Forbes, which makes him the first active NBA player to join the billionaire club. The only other basketball player to be worth 10 figures is Michael Jordan, who earned that moniker 11 years after he retired when his stake in the Charlotte Hornets increased to 89.5 percent in 2014. While James has earned more than $385 million in pretax salary during his 19-year NBA career, per… Source link

(Bloomberg) — A top Goldman Sachs Group Inc. executive echoed Jamie Dimon’s pessimistic tone, warning of tougher times ahead amid a string of shocks rattling the global economy. Most Read from Bloomberg “This is among — if not the most — complex, dynamic environments I’ve ever seen in my career,” Goldman President John Waldron said at an investor conference Thursday. “The confluence of the number of shocks to the system to me is unprecedented.” Waldron’s comments echoed the… Source link