The U.S. on Tuesday released detailed guidelines on how to legally participate in trading or financing Russian oil, days away from announcing an official price cap, according to a senior Treasury official who previewed the guidelines. The U.S. has joined forces with the G-7, European Union, and Australia to ban imports on Russian oil, part of sanctions the U.S. and other nations have rolled out since Russia’s invasion of Ukraine. The countries have also agreed to fashion a price cap on… Source link
Read More »Judge dismisses Miami restaurateur’s lawsuit against Google
A judge ruled that Google-owned ordering pages for restaurants are not deceptive. / Photograph: Shutterstock A Miami restaurateur’s attempt to sue Google over its online ordering system has hit a wall after a judge ruled that Google’s interface is above board. Left-Field Holdings, the operator of six Lime Fresh Grill locations, accused Google of deceiving customers and violating trademark law with online ordering pages that were set up for Left-Field’s restaurants without… Source link
Read More »HP CEO on earnings miss: ‘It’s a challenging environment’
The PC correction and slow growth in the U.S. economy have been a one-two punch to computing giant HP Inc (HPQ). HP saw fiscal fourth-quarter sales fall 11.2% from a year ago, pushed lower by a 26% decline in the number of notebook computer units sold. Meanwhile, desktop unit sales fell 3% in the quarter and consumer printer unit sales fell 4% while commercial gained 5%. HP also revealed a new $1.4 billion cost-cutting plan that will see it shed 4,000 to 6,000 employees by fiscal year… Source link
Read More »Fantasy Football: Best Week 12 Rankings
Well ladies and gents, we’ve reached a pivotal week of the fantasy football season. Week 12, a week featuring NO byes, a loaded Thanksgiving slate and some intriguing matchups. It also marks a week where many fantasy managers who have been tearing through their league have already clinched the playoffs. Others still are looking at Week 12 as the week where they either lock up a seed, or when the real playoff push begins. Where does your roster stand in Week 12? [Black Friday Sale: 50% off… Source link
Read More »Here’s where Big Tech’s next layoffs might be – and when the cuts may finally end
Layoffs have slammed Big Tech, as some of the sector’s biggest names, from Amazon (AMZN) to Meta (META) to Stripe, have cut thousands of employees. After at least a decade of expansion, tech companies have been rattled by inflation along with a slowdown in advertiser spending. The ad spending crunch has hit social media companies like Meta and Twitter hard, of course. Even Google parent Alphabet (GOOG, GOOGL) was slammed in its latest earnings cycle, as YouTube missed sales expectations by a… Source link
Read More »Yahoo NBA DFS Lineup of the Day: Nov. 22
Domantas Sabonis and the Sacramento Kings own the longest win streak in the league at 6 games in a row. Building the best DFS lineups for Cash and GPP contests is all about identifying the best ways to utilize your available budget by comparing projections to prices. Luckily, FantasyPros offers a complete suite of DFS tools, including DFS Cheat Sheets, a DFS Lineup Optimizer, and more. Below is today’s Yahoo DFS Optimal Lineup using the FantasyPros DFS Lineup Optimizer tool. This is… Source link
Read More »FTX lawyers tell bankruptcy court the company became SBF’s ‘personal fiefdom’
Lawyers representing FTX in the firm’s Chapter 11 bankruptcy proceedings called the company’s swift demise earlier this month “the most abrupt and difficult collapse in the history of corporate America” in comments before a Delaware bankruptcy court Tuesday. “Your honor, what we have is a worldwide organization that was run effectively as the personal fiefdom of Sam Bankman-Fried,” James Bromley, newly appointed counsel to FTX’s new management, said. Substantial investments, according to… Source link
Read More »Single-Game Preview for Belgium vs. Canada
Wednesday’s single-game Yahoo slate features what figures to be an exciting group-stage matchup between two popular national squads: Belgium and Canada. The Red Devils are nearly a 63-percent favorite to win outright, but the Canadians arrive in Qatar experiencing their own strong run of form and will be looking to advance over the likes of Croatia and Morocco. For detailed stats and odds, check out the DFS Fantasy Soccer: Belgium vs. Canada Cheat Sheet Cash Game Strategy Although Kevin De… Source link
Read More »Sell Best Buy stock as sales remain ‘some of the worst in retail’
Fade the post-earnings rally in shares of struggling electronics retailer Best Buy, Citi says. “Near-term Best Buy’s same-store sales are still some of the worst in retail with holiday volume a significant unknown,” Citi analyst Steven Zaccone wrote in a note to clients following the company’s earnings report on Tuesday morning. Best Buy stock popped 12% as the company’s earnings actually beat most Wall Street estimates. The company also managed to work its inventory down by 14% year over… Source link
Read More »Stocks rise ahead of more Fedspeak
U.S. stocks moved higher Tuesday as investors awaited scheduled remarks from Federal Reserve officials for clues on the U.S. central bank’s path forward for interest rates. The S&P 500 (^GSPC) nudged up 0.4%, while the Dow Jones Industrial Average (^DJI) advanced by 175 points, or about 0.5%. The technology-heavy Nasdaq Composite (^IXIC) added a modest 0.1%. Wall Street will tune into speaking engagements by Cleveland Federal Reserve President Loretta Mester and St. Louis Fed President James… Source link
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