Tag Archives: annual

Inflation slowed again last month, more than expected, as the Federal Reserve raised interest rates at the fastest pace in decades. The Consumer Price Index (CPI) in November showed a 7.1% increase over last year and 0.1% increase over the month, the Bureau of Labor Statistics said Tuesday. Economists had expected prices to rise at an annual 7.3% clip and 0.3% month-over-month, per Bloomberg data. On a “core” basis, which strips out the volatile food and energy components of the report, prices… Source link

Notice of Annual General Meeting of Shareholders of Yandex N.V. We hereby inform you that Yandex N.V. (Yandex, or the “Company“) will hold its Annual General Meeting of Shareholders (“AGM“) on December 22, 2022, beginning at 15.00 Amsterdam time by webcast available at www.meetnow.global/M7JYRXGin accordance with Dutch Temporary Act COVID-19 Justice and Safety (Tijdelijke wet COVID-19 Justitie en Veiligheid) (the “Temporary Act COVID-19“). … Source link

Photo illustration by Jakub Porzycki/NurPhoto via Getty Images Yahoo’s latest deal underscores its move to boost revenues and use its cash to grow its core businesses, including Yahoo Sports, Yahoo Finance and Yahoo Mail. Why it matters: Acquired last year by Apollo Global Management, Yahoo plans to add on new commerce and transaction businesses, such as sports betting and, according to a company source, retail stock trading. Of note: Yahoo generates around $8 billion in GAAP revenues… Source link

Photo illustration by Jakub Porzycki/NurPhoto via Getty Images Yahoo’s latest deal underscores its move to boost revenues and use its cash to grow its core businesses, including Yahoo Sports, Yahoo Finance and Yahoo Mail. Why it matters: Acquired last year by Apollo Global Management, Yahoo plans to add on new commerce and transaction businesses, such as sports betting and, according to a company source, retail stock trading. Of note: Yahoo generates around $8 billion in GAAP revenues… Source link

U.S. inflation eased slightly last month as the Federal Reserve raised interest rates to get a grip on prices that have surged at a historic pace. The Consumer Price Index (CPI) in October reflected a 7.7% increase over last year and 0.4% increase over the prior month, the Bureau of Labor Statistics said Thursday. Economists had expected prices rose at an annual 7.9% clip and 0.5% month-over-month, per Bloomberg consensus estimates. On a “core” basis, which strips out the volatile food and… Source link

The COVID-19 booster market is starting to look more like an annual flu season than it did in the first two years of the pandemic. That’s according to Moderna (MRNA) CEO Stéphane Bancel, who joined Yahoo Finance’s 2022 All Markets Summit to discuss the COVID vaccine outlook. Bancel noted that not everyone is likely to need an annual booster. “I think it’s going to be like the flu. If you’re a 25-year-old do you need an annual booster every year if you’re healthy? You might want to … but I… Source link

For more business and finance explainers, check out our Yahoo U page. Every year in August, the Federal Reserve holds a small gathering of the world’s leading economists and policymakers against the backdrop of the Grand Teton Mountains in Wyoming. Only about 120 people attend the event every year, but the publicly-released papers and speeches — as well as media engagements by policymakers — have made the Kansas City Fed’s Economic Policy Symposium a landmark event for Fed watchers and… Source link

Twitter CEO Parag Agrawal (left) is at loggerheads with Elon Musk over the Tesla CEO’s proposed $44 billion takeover.Kevin Dietsch/Getty Images, Andrew Kelly/Reuters Twitter CFO Ned Segal warned employees Friday their bonuses could be half the maximum, per The NYT. Segal said the company’s bonus pool was at 50% of where it could be if financial targets were being hit, per The NYT. Twitter employees’ bonuses are tied to the company’s financial performance, which has declined of late. Twitter told… Source link

It was business as usual at Tesla’s (TSLA) annual meeting last night, peppered with commentary from CEO Elon Musk across a number of topics like car production, supply chain and pricing, and of course the status of the Cybertruck. A number of proposals were put to shareholders to vote on, key among them management’s desire for a 3 for 1 stock split, which was approved by shareholders. Based on yesterday’s closing price the new share price would be around $308. Musk’s presentation to… Source link

Fisker (FSR) shares are on the move after the company posted an upbeat quarterly financial report. Though the EV automaker hasn’t posted meaningful revenue or earnings yet, its upcoming first model, the Fisker Ocean SUV, crossed 56,000 reservations as of August 1. Of those, 5,000 are for the Fisker Ocean One special edition, which requires a $5,000 down payment. Fisker confirmed it is all set to begin production of the Fisker Ocean on November 17 at contract partner Magna Steyr’s (MGA)… Source link