Tag Archives: behavior

Airbnb (ABNB) is betting that a continued economic downturn will provide a tailwind for the travel company to expand its pool of hosts, looking to earn some extra income. In fact, CEO Brian Chesky said he’s already seeing a shift in behavior on the platform, reminiscent of the Great Recession when the company was first founded. “I think this is going to be in some ways similar to 2008,” said Chesky, speaking to Yahoo Finance Live (video above). “A lot of people that weren’t considering… Source link

Sen. Cynthia Lummis (R-WY) likened some aspects of FTX’s collapse to a Ponzi scheme, with the crypto exchange’s bankruptcy prompting her to review the crypto regulation bill she and Sen. Kirsten Gillibrand (D-NY) put forth in June. “Certainly when you’re taking customer assets out of FTX, sending them over to shore up Alameda, that’s co-mingling assets that belong to your customers, that you are custody-ing for them— taking them and using them for your own purposes— borrowing from… Source link

The NFL now holds Deshaun Watson’s football future in its hands. With independent disciplinary arbitrator Sue L. Robinson delivering a six-game suspension decision in Watson’s personal conduct policy case on Monday, the spotlight now shifts back to the NFL, which must decide whether to appeal the penalty. The league issued a statement Monday saying it’s “reviewing” the decision and “will make a determination on next steps.” Barring a mutually agreed upon extension between the NFL and NFL… Source link

The abuse alleged against PGA Tour member Tom Pernice Jr. is deeply disturbing, and also offers valuable insight into why such behavior persists. (Photo by Amy Lemus/NurPhoto via Getty Images) Warning: This column contains depictions of alleged domestic violence. Abusers are abusive for control. They can be emotionally abusive, verbally abusive and physically abusive. Often those three things happen in concert: An abuser will strike their victim, including name-calling or putdowns, and then say… Source link

Canelo Alvarez barely hid his disdain for rival Gennadiy Golovkin during media tour stops in Los Angeles and New York to promote their Sept. 17 bout for the undisputed super middleweight title at T-Mobile Arena in Las Vegas. Alvarez, who got a draw in their first fight in 2017 and won the second in 2018, referred to Golovkin as “an a**hole,” during interviews in Los Angeles. His ire is largely in response to Golovkin’s comments in 2018 about him shortly after Alvarez tested positive for… Source link

A new platform being beta-tested hopes to re-introduce an element of what many social media companies have seemingly lost sight of amid industry controversies — maintaining a sense of community. “A big differentiator for us is creating a space where people feel like they don’t have to perform,” Somewhere Good Founder and CEO Naj Austin said on Yahoo Finance Live (video above). “There are no likes. There are no followers. There are no algorithms tracking you. We’ve removed any temptation for… Source link

The suit by Match Group (MTCH) is the latest antitrust complaint to hit Google (GOOG) after years of scrutiny over its business practices. The suit, which was filed in the US District Court for the Northern District of California, alleges that Google not only has a monopoly on the distribution of Android apps, but also forces app makers to accept contract language that locks them into using Google’s in-app payment technology and requires them to pay fees to Google. “These exorbitant ‘fees’… Source link

Starbucks (SBUX) is facing accusations of union-busting tactics after two employees in Phoenix alleged that they were punished for taking part in pro-union activities. The coffee chain workers at the Arizona store claim that store managers are responsible for “interfering with, restraining, and coercing employees” as an attempt to dissuade them from unionizing, a complaint filed with the National Labor Relations Board (NLRB) alleged. “[This is] the first step in holding Starbucks… Source link

Despite COVID-19 Delta variant fears beginning to weigh on consumer confidence and spending plans, the world’s largest retailer Walmart (WMT) says consumer behavior remains stable.  “We are not seeing a major shift in consumer behaviors at this point,” Walmart CFO Brett Biggs told Yahoo Finance when asked about current consumer trends. Biggs said the drivers of consumer spending in recent quarters — a high savings rate and rebounding jobs market — remain intact and are helping to fuel… Source link

The growing spread of the COVID-19 Delta variant is creating an increasingly stark choice that could make the difference between more reopenings — or a return to restrictions that decimated the world’s economy, a World Health Organization expert suggested on Friday. Amid the leak of internal documents from the U.S. Centers for Disease Control and Prevention (CDC), comparing the transmissibility of Delta variant to that of chickenpox, new discoveries are sparking furious debate about how… Source link