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Companies from the U.S. and Europe were quick to leave Russia at the start of the Ukraine war. Those … [+] that are there still might be staying for longer. getty Four months ago, leaving Russia was all the rage. If you were a multinational, you signaled to the world that you were against the war in Ukraine by closing your offices in Moscow, or pausing production somehow. This was never going to be easy. It happened quickly, at first. Companies moved out, ending… Source link

Collin Morikawa will return to the British Open this week in a very different position than the one he was in a year ago, when he walked off the course with the Claret Jug in hand. Morikawa officially returned the iconic trophy this week, and was given a replica in return. “It sucked. It really did,” Morikawa said Monday ahead of the 150th British Open. “I woke up this morning and looked at it. The replica is beautiful, but it’s not the same. It really isn’t. It will never be. “But I… Source link

U.S. stocks fell sharply Monday to start the week, led by losses in shares of technology companies as investors braced for the start of earnings season and fresh inflation data due out Wednesday. The Nasdaq Composite shed 2.3%, and the S&P 500 slid 1.2%. The Dow Jones Industrial Average dipped 160 points, or 0.5%. Monday’s moves follow an up week for stocks that saw all three benchmarks log weekly gains despite closing flat after Friday’s jobs report. Meanwhile, the euro fell closer toward… Source link

The Memphis Grizzlies are a confident bunch. Just ask the Golden State Warriors. The NBA champions arguably got their toughest playoff test from a Grizzlies team that showed zero backdown or deference during their second-round series in May. None, of course, is more confident than Ja Morant. Take, for instance, his comments to Bleacher Report’s Taylor Rooks on Sunday. When asked about what he would say in a hypothetical conversation with Michael Jordan, Morant said that he would thank the NBA… Source link

Elon Musk is trying to kill his own plan to take over Twitter (TWTR) for $44 billion and mold it to his liking. The deal crumbled on Friday when the Tesla (TSLA) and SpaceX CEO announced via a Securities and Exchange Commission filing that he’s terminating the buyout. So where did the tie-up that Twitter never asked for go wrong? It depends on whom you ask. Musk says he’s walking away because Twitter refused to hand over information about how many bots and spam accounts it has on its… Source link

LAS VEGAS — The NBA transition “take foul” during games is inching closer to being penalized, starting with the 2022-23 season, league sources told Yahoo Sports. The NBA’s Competition Committee is moving forward with a proposal to grant the team on offense with one free throw and possession of the ball if the team on defense employs the take foul, sources said. The committee began meeting in Las Vegas over the weekend to discuss rule-change proposals. The committee’s rule-change… Source link

Around nine months after bringing real-time lyrics to Android, iOS, smart TVs, game consoles, and desktops, Spotify has now introduced them to the Nest Hub, Google’s smart device for the home, as well as other Google Assistant smart displays. 9to5Google and Reddit users noticed this rollout a few days ago. Spotify and Google haven’t offered a comment. To access real-time lyrics on Nest Hub devices, you tap the lyrics icon on the bottom-right corner of the… Source link

BlackRock (BLK) has downgraded its outlook for stocks amid increasing economic uncertainty and persistent inflation. Strategists at BlackRock’s Investment Institute said Monday the firm cut its exposure to developed market equities, citing aggressive intervention by central banks to tame rising prices across the global economy. “Right now, we think the Fed has boxed itself in by responding to political pressures to rein in inflation,” strategists led by Jean Boivin said in a note… Source link

LAS VEGAS — The first weekend of Summer League was jam-packed with exciting games and glimpses of top players from the 2022 NBA draft. The No. 1 pick, Paolo Banchero, went head-to-head with No. 4 pick Keegan Murray in a sudden-death double-overtime thriller. No. 2 pick Chet Holmgren is settling in with the Oklahoma City Thunder, while No. 5 pick Jaden Ivey showcased some flashy passes and dunks in the open court. “This is a great class and people were kind of underestimating our class,”… Source link

Condoleezza Rice is now a part owner of the Denver Broncos. The former U.S. Secretary of State officially joined the new ownership group of the Broncos on Monday, the team announced. Rice joins the group led by Walmart heir Rob Walton and his family. “We’re pleased to welcome former Secretary of State Condoleezza Rice to our ownership group,” Rob Walton said in a statement. “A highly respected public servant, accomplished academic and corporate leader, Secretary Rice is well known as a… Source link