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Two U.S. university campuses are losing their food-delivery robots for now because of Russia’s invasion of Ukraine. Grubhub said Thursday that it is ending its partnership with Russian tech company Yandex and pulling 100 Yandex-made food-delivery robots from the campuses of Ohio State University in Columbus, Ohio, and the University of Arizona in Tucson, Arizona…. Source link

In his State of the Union speech, President Biden called for Congress to pass a $15 minimum wage. Eyes rolled everywhere. Democrats, who have narrow majorities in both houses of Congress, tried to pass a $15 minimum wage last year. They didn’t have the votes. They could have gotten the votes for raising the wage floor to $10 or $11, from the current $7.25. But that wasn’t good enough for Sen. Bernie Sanders and other party liberals. So Democrats haven’t raised the minimum wage at all,… Source link

MOSCOW, RUSSIA and AMSTERDAM, the NETHERLANDS / ACCESSWIRE / March 3, 2022 / Yandex (NASDAQ:YNDX)(MOEX:YNDX), a Netherlands-registered company and one of Europe’s largest internet businesses as well as the leading search and ride-hailing provider in Russia, today provided an update on the impact of current geopolitical developments on the Company. In recent days, a number of governments, including those of the United States, United Kingdom and European Union, have adopted new sanctions on… Source link

The Federal Reserve’s top figure said Thursday that the central bank should have acted sooner to pull back on its pandemic-era stimulus and get ahead of rising inflation. Fed Chairman Jerome Powell told the Senate Banking Committee that with prices increasing at the fastest clip since 1982, easy money policies from the Fed — combined with longer-than-expected supply chain snags — appear to be behind inflation. “Hindsight says we should have moved earlier,” Powell said Thursday,… Source link

On Thursday, the State Special Communications Service of Ukraine called claims that Google Maps “labels” were being used by Russia’s military “another fake.” In a post to its official Telegram channel, the country’s intelligence agency debunked a wave of social media rumors that claimed Russian insurgents had tagged airstrike locations on Google Maps of Kyiv and other Ukrainian cities. The agency described these false claims as a psychological operation “to sow panic and… Source link

Silicon Valley’s tech giants are joining the rest of the business world in pulling their products and services from Russia. Companies like Apple (AAPL) have cut ties to the Russian market entirely to protest the invasion of Ukraine, while firms like YouTube (GOOG, GOOGL) , Meta (FB), and Microsoft (MSFT) are limiting the availability of Russian propaganda networks like RT and Sputnik in Europe. And while Big Tech’s moves put at least some pressure on Russian President Vladimir Putin and… Source link

The space industry could be impacted by disruptions or by sanctions against Russia — particularly when it comes to missions utilizing Russian Soyuz rockets — and winners and losers are starting to emerge. “The biggest beneficiary of any exclusion or sanction is SpaceX and the Falcon 9, and to a lesser extent maybe the Falcon Heavy [rocket]” Edison Yu, Deutsche Bank Space analyst told Yahoo Finance Live. Alternatively, One Web (a competitor to SpaceX’s Starlink satellite program) and… Source link

Google confirms the page experience update finished rolling out to desktop search results. Now it’s time to assess the impact. The update started rolling out on desktop on February 22, making it a nine-day rollout concluding on March 3. By comparison, the launch of the page experience update on mobile took two and a half months to complete. With Google announcing the conclusion of the desktop rollout, you can start assessing the impact on your search rankings. The page experience rollout… Source link

The Russian market is off limits until at least 2023 due to the country’s invasion of Ukraine, says emerging markets investing legend Mark Mobius. “It will be impossible for a long time,” the founding partner of Mobius Capital Partners said on Yahoo Finance Live. Mobius earned his stripes building out the emerging markets investing team at giant money manager Franklin Templeton. Added Mobius, “I don’t see anybody who wants to be investing in Russian equities or debt for another year. I would… Source link

Hewlett Packard Enterprise CEO Antonio Neri wasted no time severing his business from Russia in light of the country’s invasion of Ukraine. The computing giant halted shipments to Russia 72 hours ago, Neri said on Yahoo Finance Live. “Obviously it is incredibly concerning this humanitarian situation and this what I call completely unacceptable set of events. We have to really think through this and put the humanity at the core and the business second,” Neri explained. To be sure, Neri — fresh… Source link