Tag Archives: blow

New season, same Nebraska. Nebraska’s miserable 3-9 record in 2021 included an impressively bad 0-8 mark in one-score games. To start off the 2022 campaign, the Huskers added another one-score loss to Scott Frost’s resume. In a brutal 31-28 loss to Northwestern on Saturday in Ireland, Nebraska blew two double-digit leads. The Huskers jumped out to a 14-3 lead in the first half and then again went ahead by 11 in the third quarter. But Frost’s team never scored again as Northwestern stormed… Source link

Make no mistake: The drop in Netflix’s (NFLX) subscriber count is a major setback for the company, Manhattan Venture Partners Head of Research Santosh Rao told Yahoo Finance (video above). “This is a body blow to the bull case — definitely to the Netflix story, the subscriber story,” said Rao. “Netflix was all about subscribers for so long… and it’s really taking it on the chin here.” Netflix’s stock tanked in response to its latest round of earnings, as shares dropped by more… Source link

Vagit Alekperov, president of Russian oil company Lukoil.Sefa Karacan/Anadolu Agency/Getty Images Putin signed a new decree on April 16 that requires Russian companies to remove their listings from overseas exchanges. Now, billionaires won’t be able to collect foreign-currency dividends from depository receipt programs. The decree also means foreign holders of the canceled receipts must receive normal shares placed in non-resident accounts in Russia. In a blow to Russia’s richest business… Source link

Facebook is angry at Apple, and it’s not surprising. The iPhone maker is going to cost the social network upwards of $10 billion due to the iOS 14 privacy features called App Tracking Transparency, Facebook said recently after announcing its financial results. That’s because Apple’s ATT iPhone privacy features cut back on tracking by revoking access to the identifier for advertisers (IDFA)—a unique code that shows when people are seeing an ad on Facebook, Googling it and… Source link

Stocks fell on Monday at the start of a holiday-shortened week of trading, with investors considering renewed virus-related restrictions overseas and prospects that a significant social policy bill may be scuttled.  The S&P 500, Dow Nasdaq each dropped more than 1%. Treasury yields fell as investors piled into safe haven assets, and the benchmark 10-year yield held below 1.4%. The CBOE Volatility Index, or VIX, spiked more than 20% to hover above 25.  U.S. crude oil prices sank 3% to trade… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, September 22, 2021 Debt, debt everywhere — and not a drop of it paid for Have you heard? The United States is on the path to a showdown over the debt ceiling — again. As the spectacle of heavily-indebted Chinese real estate giant Evergrande held investors in its sway for a second day, another drama slowly played itself out on the… Source link

(Bloomberg) — Peloton Interactive Inc. tumbled Friday after delivering a disappointing sales outlook, the latest setback in a year marked by product recalls and waning consumer interest. The at-home fitness company disclosed other unwelcome news in its earnings report late Thursday, including that it’s cutting the price of its most popular bike, a move aimed at broadening its customer base but one that will also hurt its bottom line this year. Peloton also said it found a problem with the… Source link

(Bloomberg) — U.S. regulators have once again punted their decision on whether to approve a Bitcoin ETF. The Securities and Exchange Commission said in a Wednesday regulatory filing that it will seek more public comment on a proposal to list a product on Cboe Global Markets Inc. It’s not the first time this year that the SEC has delayed giving an answer to the legions of crypto advocates pushing for a way to trade the largest cryptocurrency in an exchange-traded fund format. Crypto… Source link

Google CEO Sundar Picahi has been at the forefront of the work-from-home movement. (AP Photo/Jeff … [+] Chiu, File) ASSOCIATED PRESS It feels like we’ve gained the upper hand on the pandemic and are nearly ready to jumpstart the economy and return to work. The challenge is that there isn’t one politician brave enough to flick the switch and make it happen.  We need some leadership to make the tough call. Google may be the one, as it’s  admired and emulated by other… Source link

National Review Two More Women Accuse Cuomo of Sexual Misconduct: Reports Two additional women accused New York governor Andrew Cuomo of sexual harassment on Saturday, including a former press aide who detailed an uncomfortable embrace in a dimly lit hotel room and an assistant who said he made her feel like “just a skirt.” Former press aide Karen Hinton told the Washington Post that Cuomo, then head of the U.S. Department of Housing and Urban Development, forced her into a “very long,… Source link