Activision Blizzard CEO Bobby Kotick needs to resign right now

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, November 24, 2021 The gaming giant can’t reinvent itself if he’s still in charge Activision Blizzard (ATVI) CEO Bobby Kotick needs to step down. The CEO of one of the country’s largest video game companies, Kotick has reportedly told executives at Activision Blizzard that he’ll… Source link

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Cardano, Tron sink as Etoro slaps limits on both, citing ‘evolving’ cryptocurrency debate

Cryptocurrencies Cardano (ADA) and TRON (TRX) sank on Wednesday, following a decision by online trading platform eToro to delist the digital coins on its platform — a move that left crypto market watchers flummoxed. TRON tumbled by over 5% on the day, while Cardano has sold off by over 8%, according to market data. In a terse statement, the exchange based its decision on unspecified regulatory reasons, but it comes at a time when authorities are moving to exert more control over the crypto… Source link

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Billionaire Steven Cohen Bets Big on These 2 High-Yield Dividend Stocks

Every retail investor wants to ensure a solid portfolio return. The only question is, how? The stock market produces a vast mine of data, that by its nature forms a barrier to access. Some investors take a path of low resistance, and follow one or more market legends. These legends are the giants of the investing world, people like Steven Cohen. The billionaire trader behind Point72 Asset Management has shown that he can survive the vicissitudes of Wall Street. After recovering from Federal… Source link

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Yahoo DFS Picks Week 12: NFL DFS lineup advice for daily fantasy football GPP tournaments

Week 12 sees Kansas City and Arizona on a bye, and Thanksgiving and the usual Sunday and Monday night games take away 10 teams from our main slate. If you’re keeping track, that leaves just 20 teams in play for our Week 12 Yahoo DFS lineups. Since we’re playing in GPP tournaments, a lot of our selections are boom-or-bust by nature. We’d rather fall flat going for big money than make “safe” picks and end up with a lineup incapable of paying off huge if things go… Source link

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San Francisco Fed President Mary Daly speaks with Yahoo Finance [Transcript]

Mary Daly, president of the Federal Reserve Bank of San Francisco, joined Yahoo Finance to discuss the Fed’s process of slowing its monetary accommodation to the U.S. economy. Below is a transcript of her appearance, taped on Nov. 23 and aired on Nov. 24. – BRIAN CHEUNG: Welcome to Yahoo Finance Presents. I’m Brian Cheung, thrilled to be joined today by Federal Reserve Bank of San Francisco President Mary Daly. President Daly. How are you? MARY DALY: I’m terrific. Thank you for having me. And… Source link

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Google searches show popular Thanksgiving dishes in every state

What’s your favorite Thanksgiving dish? Are you a pecan pie fan? What about mashed potatoes or stuffing?  Depending on your pick, you might not be alone in your state or across the country. Google shared a list of uniquely searched Thanksgiving 2021 casseroles by state with USA TODAY.   The map shows dishes that were over-represented in a state compared to the country as a whole. It includes searches from Nov. 11 to Nov. 16, as Americans from coast to coast prepped for their… Source link

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‘Certainly see a case’ for speeding up taper

Federal Reserve Bank of San Francisco President Mary Daly said that she could support more quickly ending the central bank’s asset purchase program, dependent on incoming data on inflation and jobs. Since the depths of the pandemic, the Fed has been buying about $120 billion in U.S. Treasuries and agency mortgage-backed securities to signal its commitment to supporting the economy. This month, the Fed said the economy appeared to make substantial further progress in the recovery — and Source link

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Google employees sign manifesto opposing COVID vaccine mandate

Hundreds of Google employees have signed and circulated a manifesto calling on the Big Tech giant to retract its COVID-19 vaccine mandate. Google has asked its more than 150,000 US employees to report their vaccination status to the company by Dec. 3 whether they plan to work in the office or not, CNBC reported, citing internal company documents. And all Google employees who work either directly or indirectly with government contractors are required to be… Source link

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Weekly jobless claims total 199,000, reaching the lowest since1969

New jobless claims fell far more than expected to the lowest level since November 1969 last week, underscoring the present tight labor market conditions as initial unemployment claims near 2019 levels while job openings hold near record highs.  The Labor Department released its jobless claims report on Wednesday, a day earlier than usual due to the Thanksgiving holiday. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment… Source link

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