Yahoo News

The U.S. has now classified WNBA star Brittney Griner as “wrongfully detained” by the Russian government, a State Department spokesperson confirmed to Yahoo Sports on Tuesday. The formal change in designation is a significant development because it opens a new path to secure Griner’s freedom. Instead of waiting for her drug smuggling case to play out in the Russian legal system, the U.S. government will now actively seek to negotiate her return. “Our expectation is that the White House do… Source link

President Biden said Tuesday that if a draft opinion by Justice Samuel Alito suggesting the U.S. Supreme Court is poised to overturn Roe v. Wade holds, it would represent a “radical” and “fundamental” shift in the rule of law. “It concerns me a great deal that we’re going to, after 50 years, decide a woman does not have the right to choose,” Biden told reporters at Joint Base Andrews in Maryland. “But equally as profound is the rationale used.” On Monday night, Politico published… Source link

The WNBA is planning to honor Brittney Griner across the league this season. Each team will have a special floor decal to honor the Phoenix Mercury star, who is still in jail in Russia, according to ESPN’s Josh Weinfuss. The decal will feature No. 42, Griner’s number, and the initials BG. The league announced the news on Tuesday morning. “As we begin the 2022 season, we are keeping Brittney at the forefront of what we do through the game of basketball and in the community,” WNBA… Source link

(Bloomberg) — A brief bout of concern about the status of Alibaba Group Holding Ltd. co-founder Jack Ma triggered wild swings in shares of the e-commerce company on Tuesday, underscoring continued investor anxiety toward China’s tech sector after a year-long crackdown. Most Read from Bloomberg Alibaba plunged as much as 9.4% in Hong Kong, erasing about $26 billion of market value, after state broadcaster CCTV reported that authorities in the company’s home base of Hangzhou had imposed… Source link

Jae Crowder wasn’t ejected on Monday night, and Draymond Green had plenty of thoughts. The Phoenix Suns forward kicked Luka Doncic directly in the groin in the first half of their 121-114 win in Game 1 of their Western Conference semifinals series against the Dallas Mavericks on Monday. Crowder went to make a pass near the top of the key around the midway point of the second quarter, and his right leg came flying up before drilling Doncic directly in the groin. That, naturally, sent Doncic… Source link

U.S. stock futures opened slightly lower Monday evening after a whipsaw session in markets during the regular trading day, as investors appraised the next moves by the Federal Reserve and a fresh batch of quarterly earnings results. Contracts on the S&P 500 declined. During the regular trading day, technology stocks outperformed, leading the S&P 500 higher by 0.6%, and the Nasdaq up by 1.6%. And these moves in tech shares came even as the benchmark 10-year Treasury yield topped 3%, or its… Source link

Facebook parent Meta (FB) wants to be the first company you think of when you hear the word metaverse, the nascent 3-D virtual world that could be the future of the internet. Heck, it’s why Meta CEO Mark Zuckerberg changed the social media giant’s name to Meta in late 2021. But according to Subversive Capital founder and CIO Michael Auerbach, Zuckerberg’s efforts will fall flat. “We actually believe that Meta isn’t the company that’s building out the Metaverse,” Auerbach told… Source link

At this year’s Milken Institute’s Global Conference, its 25th annual gathering, the overarching theme was “Celebrating the Power of Connection.” America’s largest domestic automaker by volume, General Motors (GM), would like to “connect” more with its customers as well, however vehicle supply has been hampering those efforts. In a wide-ranging conversation with Yahoo Finance Editor-in-Chief Andy Serwer from the conference, GM CEO Mary Barra emphasized the impact of the global chip shortage… Source link

When John Isom turned down an opportunity to go to the University of Utah to study computer science and take on an income-share agreement (ISA) to finance the education, he was aware of the risks. “I created a mock budget… and saw how much debt I was going to have to take on,” Isom said in an interview with Yahoo Finance. “Even with a little bit of a scholarship, it honestly didn’t do much — it’s still wildly expensive. You have no choice but to take out a federal student… Source link

The oil market is undergoing a serious production problem, warns one analyst, even as prices retreat temporarily amid Covid lockdowns in China. “From the long term, something far more serious is going on — and that is what’s going on in Russia,” Dan Dicker, founder of The Energy Word told Yahoo Finance Live. “The energy companies, Exxon (XOM), Total (TTE), BP (BP), leaving Russia, stranding assets in Russia. What we’ve seen is that production in Russia is down more than a million barrels in… Source link