Yahoo News

Apple’s value chain in China, an emblem of the country’s global role as a source of labour and assembly, has been hit hard by strict lockdowns in Shanghai and neighbouring provinces, raising the risk that the US tech giant may accelerate a shift of its operations away from China, say analysts. While it is hard to put an exact figure on the losses resulting from the disruption to transport and production along Apple’s extensive value chain in China, chief financial officer Luca Maestri told a… Source link

This week, COVID czar Dr. Anthony Fauci took the medical community aback when he announced that the U.S. is “out of the pandemic phase.” He said it as the U.S. neared its millionth COVID death, and cases are once again on the rise. “We are certainly, right now, out of the pandemic phase,” Fauci told PBS News Hour’s Judy Woodruff on Tuesday. “We don’t have 900,000 new infections a day and tens and tens and tens and tens of thousands of hospitalizations and thousands of deaths. We… Source link

From the day he turned pro, this kind of performance from Shakur Stevenson was inevitable. He’s the kind of guy who can dominate boxing for a decade or more. He understands the game at a level few do. He’s blazingly quick, incredibly conditioned and unnaturally calm. Oscar Valdez never had a chance against Stevenson in their bout Saturday for the WBC and WBO super featherweight titles before a lively, often raucous, crowd of 10,102 at the MGM Grand Garden. Stevenson won a unanimous… Source link

For the first time in Madison Square Garden’s history, a women’s boxing match takes center stage as the main event Saturday in New York City when Amanda Serrano (42-1, 30 KOs) and Katie Taylor (20-0, 6 KOs) meet with Taylor’s undisputed lightweight title on the line. The fight, which will be streamed on DAZN, is widely considered the biggest women’s bout in history and pits two of the sport’s best against each other. At BetMGM, Taylor is +135 to retain her belts with Serrano the favorite to… Source link

One of the biggest stories from the first two rounds of the NFL draft was the lack of quarterbacks being selected. Only one went in the first two rounds. It was a bit funny that the 2022 NFL draft ended with a quarterback being picked. The 49ers owned the final pick, 262nd overall. It was a compensatory pick, one of nine extra picks at the end of the seventh round. They took quarterback Brock Purdy from Iowa State. Purdy threw for 3,188 yards, 19 touchdowns and eight interceptions last season…. Source link

OMAHA, Neb. — A remake of “Empire State of Mind” with lyrics about Berkshire Hathaway, greeted shareholders this morning. (I’m not sure if it was actually sung by Jay Z and Alicia Keys, but it sure sounded like it. We’ll try to get the lyrics for you at some point.) The song is a throwback — fitting for a Berkshire Hathaway annual meeting, which is the very definition of old-school. Picking up from what I wrote in today’s Morning Brief, the 2022 Berkshire Hathaway (BRK-A, BRK-B)… Source link

Berkshire Hathaway Vice Chairman Charlie Munger did some kicking of a downed dog on Saturday. “Wasn’t that pretty obvious that something like that was going to happen?” Munger said during the Berkshire Hathaway annual shareholders meeting after bringing up Robinhood’s business troubles, later adding the company’s business model “was disgusting… God is getting just. … There’s been some justice.” A spokesperson for Robinhood didn’t immediately return Yahoo Finance’s request for… Source link

It’s always a bit tricky, figuring out when to draft a punter or kicker. Those positions are obviously valuable. Ask a team that has a shaky kicker or a subpar punter how much angst that causes. The Cleveland Browns were the first team to jump into the kicker/punter pool. And it wasn’t the much-hyped San Diego State punter Matt Araiza. The Browns took LSU kicker Cade York in the fourth round, with the 124th overall pick. ESPN said that’s the highest a kicker has gone in the draft since …… Source link

Berkshire Hathaway (BRK-A, BRK-B) kicks off its first in-person shareholder since 2019, bringing droves of investors to downtown Omaha, and one longtime investor explained why shareholders are so dedicated to the company. Despite Warren Buffett and Charlie Munger’s prominence as spokespeople of the company, it isn’t just about them, Garner Russo Managing Member Tom Russo told Yahoo Finance Live (video above). “What sets Berkshire apart from other companies,” Russo said, “is that the culture is… Source link