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Stock futures pulled back slightly Monday evening after a record-setting session. Each of the S&P 500, Dow and Nasdaq rallied to fresh highs on Monday as more corporate earnings results exceeded expectations and defied concerns over ongoing supply chain constraints, shortages and cost pressures.  Clorox (CLX) became one of the latest major names to top estimates in results posted Monday after the closing bell, with the cleaning supplies and home goods company topping third-quarter sales and… Source link

GLASGOW — The world’s two largest coal producers cast a big shadow on Day 2 of the United Nations Climate Change Conference (COP26) as stated commitments from India and China fell well below that of climate action needed to keep global warming in line with the Paris Agreement. Speaking at the World Leaders Summit in Glasgow, Indian Prime Minister Narendra Modi announced plans to reach carbon neutrality by 2070 — a significant promise for one of the last remaining holdouts to set… Source link

THE DALLES, Ore. (AP) — The city of The Dalles, Oregon, has filed suit in an effort to keep Google’s water use a secret. The move comes ahead of a key City Council vote on a $28.5 million water pact between the city and the tech giant. The Oregonian/OregonLive reports the city is seeking to overturn a ruling earlier from Wasco County’s district attorney, who found Google’s water use is a public record and ordered The Dalles to provide that information to the news organization. The city… Source link

Warren Buffett says this is the best type of business to own when inflation spikes — in other words, what you should buy right now High inflation rates in the country have become a serious concern on Wall Street. But fortunately for everyday investors, Berkshire Hathaway chief Warren Buffett has plenty of experience in navigating such an environment. Buffett managed a stock portfolio through periods of double-digit inflation rates in the 1970s and has plenty of advice on what to own when… Source link

svetikd/Getty Images Finding something you need on the internet without the help of a good search strategy can be like driving from Boston to Los Angeles without a road map. You know the general direction,… Source link

Hilton CEO Christopher Nassetta says the hotelier’s recovery from the depths of the pandemic continues, with notable strength in demand by travelers on non-work days. “The weekends are slammed everywhere,” said Nassetta in an exclusive interview on Yahoo Finance Live. “The one area that continues to lag a little bit — which is probably not surprising — is the urban markets have been a little bit on lag for a whole bunch of reasons.” Hilton’s rebound was on full display in the company’s… Source link

Goldman Sachs is taking a somewhat contrarian view on the longer-term outlook for inflation. The global banking and investment giant is expecting a core inflation rate of 4.3% in the U.S. at the end of this year, followed by a drop to 3% in June 2022 and 2.15% by December 2022. Yahoo!Finance editor Brian Sozzi points to several factors informing Goldman Sachs’ analysis: “First is an improved supply of semiconductors as manufacturers such as Intel and Taiwan Semiconductor ramp up… Source link

Google says it’ll fix the ghostly screen flickering that some users have reported seeing when pressing the Pixel 6 Pro’s power button while the phone is completely powered down (via Android Central). From most reports, the flickers don’t happen when just the screen is off, like it would be if the phone was sleeping, though at least one person says that it’s happened while the phone was on and in use. Google describes the issue as occurring when the power button is pushed “with… Source link

Google has responded to allegations contained in a recently unsealed US antitrust lawsuit that it worked covertly to stall European Union privacy legislation that could have blasted a huge hole in its behaviorial advertising business. Per the US states’ suit, a couple of years after a European Commission proposal to update the EU’s ePrivacy Directive — to replace it with a more widely applicable Regulation — the tech giant was privately celebrating what it described as a… Source link

Supply chain issues may be keeping many Americans up — literally — due to backlogs experienced by the world’s largest bedding provider. “We’re seeing it a little bit in trucking, obviously the shipping, a little bit in the component issues, primarily chemicals, … it’s getting better, but it continues to be a challenge,” Scott Thompson, chairman, president, and CEO of Tempur Sealy, told Yahoo Finance Live (video above). “And we think we’ll be working through supply issues probably here… Source link