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Tom Brady fan and former long-time Boston mayor Marty Walsh is wishing the NFL legend all the best in retirement. That’s even as the star QB didn’t shower New England Patriots fans with love initially when he announced his retirement this week. “Tom Brady brought a lot of joy to New England. Six Super Bowls we were in. Ten Super Bows all together. We won six. I want to commend Tom Brady on his retirement,” Walsh, now U.S. Labor Secretary, said on Yahoo Finance Live. After another MVP worthy… Source link

A massive shortage of truckers continues to be a bottleneck for supply chains across North America, serving as a significant factor in the American inflation story and leading to skyrocketing trucking costs. According to a recent Bank of America Global Research (BAC) report, the crunch seen in the trucking industry is showing no signs of abating. “One shipper’s rates [are up] +33% [year-over-year], no relief in sight; sees labor shortages & expect pricing to stay elevated,” BofA’s… Source link

By Nancy Lapid (Reuters) – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be certified by peer review. Alzheimer’s-like changes seen in COVID-19 patients’ brains People who die of severe COVID-19 have brain abnormalities that resemble changes seen in Alzheimer’s disease – accumulation of a protein called tau inside brain cells, and abnormal amounts of the protein beta-amyloid that… Source link

Jeff Fenster, Everbowl CEO and Founder Jeff Fenster, Everbowl CEO and Founder Jeff Fenster, Everbowl CEO and Founder SAN DIEGO, Feb. 04, 2022 (GLOBE NEWSWIRE) — California-based, craft superfood chain, Everbowl™ (https://www.everbowl.com), will now run its business operations off the Bitcoin Standard and is converting cash reserves to Bitcoin. As Founder and CEO, Jeff Fenster explains, “We’ve concluded that running the business exclusively on cash isn’t the most advantageous, nor the safest,… Source link

The big guns in the auto industry are coming for Tesla’s number one spot in electric vehicles, warns one long-time auto analyst. And they could succeed in the not too distant future. “We expect Tesla’s market share to drop from about 70% in EVs to about 20% in the next three years. They [Ford and General Motors] are gaining the bulk of the market share we expect Tesla to lose,” said Bank of America auto analyst John Murphy on Yahoo Finance Live. While Tesla recently capped off an impressive… Source link

U.S. payrolls recorded a stunning jump in January despite a record number of Americans calling in sick from work as the Omicron variant spread rapidly across the country at the start of the year. The Labor Department reported Friday that non-farm payrolls surged by 467,000 for the month, an upside surprise from what experts expected. Economists surveyed by Bloomberg forecasted payroll growth of 125,000, and the highest prediction was 250,000 jobs added. Other figures in this latest workforce… Source link

Feeling down that bitcoin prices are well off their all-time highs? Don’t be, says bitcoin bull and MicroStrategy CEO Michael Saylor. “My time horizon is a decade or more,” Saylor said on Yahoo Finance Live. And Saylor is putting his money where his mouth is on bitcoin. MicroStrategy disclosed this week it purchased 660 bitcoin for about $25 million between Dec. 30, 2021 and Jan. 31, 2022. The average price per coin tallied $37,865. The company now holds 125,051 bitcoins valued at about $4.8… Source link

We’ve grown up alongside them, marveled at their skill, their will and their brilliance. We’ve cheered their immeasurable accomplishments, from jointly setting up children’s charities, to each winning the heavyweight title multiple times, to both earning doctorate degrees to one becoming the mayor of Ukraine’s biggest city. Vitali and Wladimir Klitschko can’t be true. They have to be the product of an author’s fertile mind and vivid imagination. You don’t meet guys who are as… Source link

(Bloomberg) — Ford Motor Co. shares tumbled the most in almost two years after the automaker missed estimates for quarterly earnings and cautioned it may get off to a slow start to the year due to supply chain issues. Most Read from Bloomberg The carmaker posted earnings of 26 cents a share excluding some items for the last three months of 2021, trailing the 45-cent average analyst estimate. Shortages of critical components including semiconductors disrupted production and will weigh on… Source link

U.S. employers added back far more jobs than expected in January even as Omicron cases surged at the beginning of the new year. The Labor Department released its January jobs report Friday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Non-farm payrolls: +467,000 vs. +125,000 expected and a revised +510,000 in December Unemployment rate: 4.0% vs. 3.9% expected, 3.9% in December Average hourly earnings, month-over-month: 0.7%… Source link