Tag Archives: crash

Jay Leno recovering from motorcycle crash as CNBC cancels ‘Jay Leno’s Garage’

Jay Leno recovering from motorcycle crash as CNBC cancels ‘Jay Leno’s Garage’

Jay Leno broke his ribs in a motorcycle accident; days later, CNBC announced it canceled the late night legend’s show Jay Leno’s Garage after seven seasons. (Photo: Rodin Eckenroth/Getty Images) This week has been a rough ride for Jay Leno. Literally and figuratively. On Thursday, the late-night legend, 72, revealed to the Las Vegas Review Journal that he’s on the mend — again — from a Jan. 17 motorcycle accident that broke several bones in his body. To make matters worse, soon after that… Source link

Read More »

BofA upgrades homebuilder stocks, sees ‘home price correction rather than a crash’

BofA upgrades homebuilder stocks, sees ‘home price correction rather than a crash’

Analysts at Bank of America raised their rating on shares of three homebuilder stocks in a note out on Wednesday amid expectations mortgage rates will drop, materials costs will fall, and home prices will avoid a crash in 2023. In a new note to clients, Rafe Jadrosich at Bank of America Global Research upgraded shares of Lennar (LEN) to Neutral from Underperform with a price target of $102, up from $92, while raising shares of PulteGroup (PHM) to Buy from Neutral with a price target of $60,… Source link

Read More »

Putin calls for price controls as Russian car sales crash to record low

Putin calls for price controls as Russian car sales crash to record low

MOSCOW (Reuters) – President Vladimir Putin urged the Russian government on Wednesday to control car prices, as one industry head said Western sanctions could send annual sales crashing to below 1 million for the first time since records began. Auto sales have fallen over 60% so far this year, and may end up being less than a quarter of what they were a decade ago, according to Maxim Sokolov, head of Russia’s top carmaker Avtovaz. Some of this year’s drop is due to the pullout of foreign… Source link

Read More »

FTX’s bust and crypto crash come with two silver linings

FTX’s bust and crypto crash come with two silver linings

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 Monday, November 14, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. Let’s look at the bright side of the FTX-driven crypto crash to kick off what will likely be another long week for the… Source link

Read More »

Vanessa Bryant wins $16 million from L.A. County in lawsuit over Kobe crash site photos

Vanessa Bryant wins $16 million from L.A. County in lawsuit over Kobe crash site photos

A federal jury awarded $16 million to Vanessa Bryant, widow of Kobe Bryant, in a lawsuit against Los Angeles County over the alleged distribution of photos from the Los Angeles Lakers legend’s crash site, according to Alene Tchekmedyian of the Los Angeles Times. Another plaintiff, Chris Chester, was awarded $15 million in the same lawsuit. The payouts reportedly have the L.A. Sheriff’s Department paying Bryant $2.5 million for emotional distress and $7.5 million for future suffering, while the… Source link

Read More »

Vanessa Bryant testifies in lawsuit against L.A. County for sharing photos of Kobe Bryant helicopter crash

Vanessa Bryant testifies in lawsuit against L.A. County for sharing photos of Kobe Bryant helicopter crash

Vanessa Bryant testified Friday she experiences panic and anxiety attacks ever since she found out Los Angeles County sheriff’s deputies took and shared photos of the helicopter crash site where her husband, Kobe Bryant; her daughter, Gianna Bryant; and seven others died on Jan. 26, 2020. “I don’t think anybody should ever see their family members in that way.” Vanessa Bryant, who is suing the county for invasion of privacy and emotional distress, also described how she initially heard the… Source link

Read More »

Anne Heche in ‘Stable’ Condition After L.A. Car Crash as Family and Friends Ask for ‘Prayers’

Anne Heche in ‘Stable’ Condition After L.A. Car Crash as Family and Friends Ask for ‘Prayers’

Anne Heche‘s loved ones are asking for the public’s prayers as she remains in the hospital after a car accident in Los Angeles on Friday. A rep for the Emmy winner, 53, exclusively tells PEOPLE in a statement that “Anne is currently in stable condition” after the crash, which occurred in the neighborhood of Mar Vista. “Her family and friends ask for your thoughts and prayers and to respect her privacy during this difficult time,” the rep says. Heche was inside a blue Mini Cooper that crashed… Source link

Read More »