When President Joe Biden wanted to talk about building electric vehicle chargers as part of his “Made in America” initiative last week, he turned to the U.S. wing of a German technology conglomerate. It was Siemens USA CEO Barbara Humpton who was on stage with the president on Friday to announce $54 million in new investments, including a new plant that promises to be a centerpiece of the company’s efforts to produce over a million EV chargers in the U.S. over the next four years. The… Source link
Read More »How Apple, Big Tech benefit from taking on Russia
Silicon Valley’s tech giants are joining the rest of the business world in pulling their products and services from Russia. Companies like Apple (AAPL) have cut ties to the Russian market entirely to protest the invasion of Ukraine, while firms like YouTube (GOOG, GOOGL) , Meta (FB), and Microsoft (MSFT) are limiting the availability of Russian propaganda networks like RT and Sputnik in Europe. And while Big Tech’s moves put at least some pressure on Russian President Vladimir Putin and… Source link
Read More »Avocado supply faces ‘big concern’ as inflation, scarcity send prices on a tear
On one hand, they are deliciously creamy, versatile and gloriously Instagram-mable. On the other, they leave an enormous carbon footprint, which hasn’t stopped consumers from slathering them on everything in a way that’s led to a dramatic boost in consumption in recent years. Americans have a “hefty” appetite for avocados — one that’s adding to widespread food price pressures and general scarcity, according to Zhengfei Guan, an associate professor of food and resource economics at the Source link
Read More »A Morgan Stanley investing chief says the Russia/Ukraine conflict is ‘a big deal’ for markets and anyone trying to trade it on a short-term basis will likely get it wrong
Russia invaded Ukraine Thursday, shelling key strategic targets.Vadim Zamirovsky/AP Morgan Stanley Wealth Management CIO Lisa Shalett said the Russia-Ukraine conflict will keep markets in risk-off mode for weeks. She said a rapidly-changing situation often results in a flight out of risk assets, but this isn’t a good strategy in the longer run. Russia invaded Ukraine on Thursday in the region’s largest military operation since World War 2. Financial markets have been roiled this week after… Source link
Read More »Big Ten, Pac-12 losing CFP juice to SEC
The two most common reasons to walk away from a proposed business deal are that a) you no longer want to be in that business/deal or b) when negotiations inevitably resume, you believe you can get more favorable terms. Last week, the ACC, Big Ten and Pac-12 — or “The Alliance” as they call themselves — bailed on a proposed expansion of the College Football Playoff from four teams to 12. Seven conferences — most notably the SEC — and Notre Dame were in favor of the proposal. Since… Source link
Read More »Super Bowl LVI is a big moment for Los Angeles’ NFL return
LOS ANGELES — For 21 seasons the NFL didn’t have a team in Los Angeles, the second-largest media market in the United States. We’re going to look back at that gap and wonder how it happened. The short story is that the league needed land and a stadium, and that was difficult to come by. We’ll get to that struggle in a bit. When Super Bowl LVI kicks off, it will be a signature moment in the NFL’s new Los Angeles era. SoFi Stadium, the most expensive stadium in the world by a mile, will be the… Source link
Read More »Who wins the Big Game? Yahoo Sports previews clash with show
Yahoo Sports is getting you ready for the Big Game in Los Angeles with “Countdown To Kickoff.” Who will complete their dream season and be crowned champion on Sunday? Our 60-minute broadcast will give you full analysis of the LA-Cincinnati matchup and examine the latest betting lines and props to consider ahead of the game. [Play in Yahoo Fantasy’s NFL $1 Million Big Game Baller] The program will feature host Liz Loz joined alongside esteemed Yahoo Sports NFL reporters Charles Robinson and Source link
Read More »Silicon Valley’s Congressman wants to rein in Big Tech in 3 areas
Facebook parent Meta (FB) took a huge earnings hit last week in part because of privacy changes Apple (AAPL) made to its iOS platform, but lawmakers may be poised to force Big Tech to take additional steps to protect users’ privacy. In a new interview with Yahoo Finance Live, Congressman Ro Khanna (D-Calif), whose district is in the heart of Silicon Valley, outlined three areas that lawmakers should focus on when it comes to tech regulation: privacy, antitrust regulation, and free speech. On… Source link
Read More »Play in free Big Game prop quiz for shot to win up to $10K
You’re already going to be watching when Los Angeles and Cincinnati square off this Sunday, so why not make the experience even more fun — and potentially profitable — by joining our free-to-play Big Game prop quiz. Put your predictive skills to the test with our low-risk, high-reward Yahoo Fantasy Slate contest where you can win up to $10K. And again, the best part is, it’s totally free to play! You’ll get to make picks on things like who wins the Big Game, will a QB win MVP and which… Source link
Read More »Wordle, Activision, Zynga ride a ‘tide’ of FOMO driving big video game deals
The video game studio buying frenzy that’s erupted in recent weeks may just be an industry-wide case of fear of missing out (FOMO), according to analysts. January’s string of big and small deals for game developers has seen Take-Two () – the publisher behind heavy-hitting franchises like Red Dead Redemption and Bioshock, make a for mobile game giant Zynga. Not to be outdone, Microsoft () announced it would buy Activision Blizzard () for a that would unite franchises like Call of Duty,… Source link
Read More »