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You still have to pay a couple bucks for a gallon of gas (more in California, as always), but automakers are discovering that gas-powered cars may be a liability that detracts from their valuations, instead of an asset that enhances values. New research from Morgan Stanley argues that traditional internal combustion engines—the mainstay of automobiles for more than a century—are destined to become money-losers as early as 2030. “We believe the market may be ascribing zero (or even… Source link

By Paresh Dave, Munsif Vengattil (Reuters) – Google parent Alphabet Inc on Tuesday topped quarterly sales expectations for its advertising and Cloud businesses, helped in part by the pandemic, and said it will resume big spending on hiring and facility construction. FILE PHOTO: A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration Alphabet shares jumped about 8% to $2,067 in extended trading. Google, which generates more revenue from internet… Source link

By Paresh Dave, Munsif Vengattil (Reuters) – Google parent Alphabet Inc on Tuesday topped quarterly sales expectations for its advertising and Cloud businesses, helped in part by the pandemic, and said it will resume big spending on hiring and facility construction. FILE PHOTO: A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration Alphabet shares jumped about 8% to $2,067 in extended trading. Google, which generates more revenue from internet… Source link

(Reuters) – Google parent Alphabet Inc on Tuesday topped quarterly sales expectations for its advertising and Cloud businesses, helped in part by the pandemic, and said it will resume big spending on hiring and facility construction. FILE PHOTO: A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration Alphabet shares jumped about 8% to $2,067 in extended trading. Google, which generates more revenue from internet advertising than any… Source link

Google has agreed to pay more than $3.8 million, including nearly $2.6 million in back pay, to settle allegations of “systemic” pay and hiring discrimination that disadvantaged women and Asian workers. The payments will go to more than 5,500 current employees and job applicants from the company’s California and Washington state offices, the Department of Labor announced in a statement Monday evening. As part of the resolution, Google denies any violations or noncompliance with any laws or… Source link

The Telegraph Golf’s governing bodies take steps to tackle game’s distance problem Golf’s leading authorities signalled their intention to rescue the future of the sport from the big hitters on Tuesday by unveiling proposals to rein in the likes of Bryson DeChambeau and Rory McIlroy. The game’s two governing bodies, the R&A and the US Golf Association, have paved the way for restrictions on equipment including limits on the length of drivers and the introduction of a standardised,… Source link

The main MLB portal at Yahoo Sports is mainly compromised of a feed consisting of stories from national outlets, newspapers, and NBC-affiliated local sites. Incredibly, it’s about to get even less interesting. On Tuesday, Yahoo MLB writers Tim Brown and Mike Oz announced they’d no longer be with the company. So, just got off the phone with the boss. The good news is, my golf game is about to get much better. The better news is, I get to see what else is out there for me. Strange… Source link

TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link

[unable to retrieve full-text content]BRIEF-Cohen’s Point72 Raises $1.5 Bln After Melvin Infusion – Yahoo Finance Journalist  Reuters Source link

TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link