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(Bloomberg) — After another wild week in global money markets, traders are betting big on the biggest regime shift in Europe in years: the end of the negative interest-rate era before 2022 is over. Most Read from Bloomberg Fueled by a flurry of hawkish monetary signals over the past week, the interest-rate swaps market now projects the European Central Bank will deliver three quarter-point hikes by December — winding down the eight-year experiment with sub-zero borrowing costs that’s… Source link

In the instable environment created by Russia’s war on Ukraine, Yandex’s annual report to the US Security Exchange Commission (SEC) provides details on a range of pressing business issues and potential company risks. The report was issued Thursday by Yandex’s Netherlands-headquartered mother company, which has been listed on the Nasdaq since 2011. After the resignation of one of its top executive in March — Tigran Khudaverdyan, who was designated under EU and UK… Source link

BRUSSELS, April 23 (Reuters) – Alphabet (GOOGL.O) unit Google, Meta (FB.O) and other large online platforms will have to do more to tackle illegal content or risk hefty fines under new internet rules agreed between European Union countries and EU lawmakers on Saturday. The agreement came after more than 16 hours of negotiations. The Digital Services Act (DSA) is the second prong of EU antitrust chief Margrethe Vestager’s strategy to rein in Alphabet (GOOGL.O) unit Google, Meta (FB.O) and… Source link

While 16 teams remain alive for an NBA championship, the rest of the league is making plans for next season. For three teams — so far — this means finding a new head coach. The Charlotte Hornets fired head coach James Borrego on Friday and joined the Los Angeles Lakers and Sacramento Kings in their searches for a new bench leader. The Lakers and Kings previously parted with Frank Vogel and Alvin Gentry, respectively, after likewise missing the playoffs. Candidates emerge Per multiple… Source link

By Lauren Berg (April 22, 2022, 6:26 PM EDT) — A California federal judge Friday signed off on an agreement dismissing Nordstrom Inc. from claims that it infringed Droplets Inc.’s patented technology for quickly updating web pages, just a month after Yahoo Inc. was hit with a $15 million infringement verdict over the same claims. U.S. District Judge Jon S. Tigar signed a stipulation noting that the small Texas company and the Seattle retail giant have settled the dispute and agreed… Source link

The NFL is about to give Christmas Day the Thanksgiving treatment. With the league due to release its schedule for the 2022-23 season next month, NFL vice president of broadcasting Mike North appeared on the “SalSports….and Stuff” podcast this week to discuss the upcoming slate of games. North revealed that with Christmas scheduled to fall on a Sunday in 2022, the league is going to play an unprecedented triple-header of games on the holiday typically earmarked for basketball on the sports… Source link

After years of speculation, we finally know what Google’s first in-house smartwatch will be called. Surprising absolutely no one, a new trademark filed with the U.S. Patent and Trademark Office reveals it is… Pixel Watch. The filing (via 9to5 Google) is about as barebones as it gets. The description says the Pixel Watch name is “intended to cover the categories of smartwatches; cases adapted for holding smartwatches; wearable computers in the nature of smartwatches; smartwatch… Source link

Rep. Marjorie Taylor Greene, R-Ga., faced questioning under oath Friday in a Georgia elections court from lawyers who say she violated the Constitution by aiding the Jan. 6, 2021, insurrection and should therefore be disqualified from running for reelection. After the hearing, Judge Charles Beaudrot will issue a decision with his findings to Georgia Secretary of State Brad Raffensperger, who has the final authority to determine whether Greene is qualified to appear on a ballot, though his… Source link

To Brian Flores, Steve Wilks and Ray Horton: Stay strong. Please stay strong. On Thursday, as part of documents submitted in the Flores class-action lawsuit against the league alleging racial discrimination, the NFL and the individual teams named in the lawsuit expressed their intention to file a motion to compel arbitration or alternatively, a motion to have the case dismissed entirely on the grounds that it is “without merit.” It’s to be expected that the league and teams would go this route… Source link

Starbucks (SBUX) is going on the offensive once again amid a nationwide wave of unionization, calling out the labor organization backing pro-union workers for allegedly breaking labor rules amid a recount of unionization vote at an Upstate New York location. “These intermediaries have demonstrated that not only do they not operate in the best interest of partners, but sadly they’ll break labor rules to do so,” Starbucks Spokesperson Reggie Borges told Yahoo Finance in a statement. “The… Source link