Tag Archives: Case

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

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 Tuesday, April 19, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter Everybody’s talking about a recession that may not come — anytime soon. Calls for a downturn have escalated in recent months amid soaring inflation, inverted Treasury yield curves, and the specter of tighter monetary policy from… Source link

Dallas Cowboys cornerback Kelvin Joseph is being sought as a “person of interest” in connection with a Dallas area homicide that occurred on March 18, sources have told Yahoo Sports. The Dallas Police Department is seeking an interview with Joseph, after he appeared to be in surveillance footage near the scene of the shooting death of 20-year old Cameron Ray. Homicide investigators released multiple pieces of footage to Fox 4 News in Dallas earlier this week, asking viewers to identify… Source link

Phoenix Suns guard Mikal Bridges made his case during the 2021-22 NBA campaign as to why he’s more than deserving of winning this season’s Defensive Player of the Year award. But it’s going to take voters — consisting of sportswriters and broadcasters — looking beyond traditional defensive stats that often favor a center’s candidacy. Bridges, in an exclusive interview with Yahoo Sports, wants voters to dig deeper. “I would never discredit anybody, and obviously bigs have been… Source link

PALM BEACH, Fla. — Deshaun Watson won’t be going on the NFL commissioner’s exempt list while the league investigates 22 civil lawsuits pending against the Cleveland Browns quarterback. Instead, any suspension or fine for Watson — if the NFL believes punishment is warranted — will be settled at the conclusion of the league’s ongoing probe. But there’s a sizable change awaiting Watson that stems from the collective bargaining agreement renewed in 2020: Commissioner Roger Goodell… 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

A view shows a fragment of a Hyundai Sonata automobile during an event, organized by Yandex company to present the new generation of its self-driving car developed in cooperation with Hyundai, in Moscow, Russia May 27, 2020. REUTERS/Shamil Zhumatov Register now for FREE unlimited access to Reuters.com Register March 23 (Reuters) – Russian tech giant Yandex (YNDX.O) is facing heavy criticism online after a data leak exposed the personal details of more than 58,000 people on its food delivery… Source link

It’s no surprise that Elizabeth Holmes’ co-defendant and former boyfriend, Ramesh “Sunny” Balwani, came out swinging against her Tuesday in opening statements to his criminal fraud trial, defense lawyers say. “Sunny Balwani did not start Theranos. He did not control Theranos,” Balwani’s attorney, Steve Cazares, told jurors in opening arguments, The New York Times and other media organizations reported. The description of Balwani’s role countered that of prosecutors, who Source link

LAS VEGAS — The UFC’s lightweight division is filled with elite talent. Champion Charles Oliveira will defend against Justin Gaethje in May, and if he gets through that successfully, he’ll most likely face Islam Makhachev next. Makhachev’s dominance is impossible to overlook at this point. Former champion Conor McGregor is lobbying for a title shot, but if McGregor, coming off back-to-back losses to Dustin Poirier and with a 1-3 record in his last four, gets a shot it would render the… Source link

Sometimes, it’s best to “hodl” — even if it means embarrassing one of the biggest art auction houses on earth. Earlier this week, a historically high-priced Sotheby’s auction for 104 Crypto Punk non-fungible tokens (NFTs) was abruptly withdrawn. NFTs have become a highly lucrative asset class in their own right, powered by the soaring popularity of smart-contract digital tokens like Ethereum (ETH-USD), with the unique images seeing eye-popping sales amid booming mainstream interest. But… Source link