Tag Archives: situation

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Jay Powell always has a tough job — looking out for the US economy while avoiding partisan potholes along the way. Tough might be the kindest version of the task. And this position rarely looks more tenuous than when Powell is being grilled by members of Congress, as he was on Wednesday and will be again later this morning. “It’s a super difficult situation,” Seth… Source link

Before the Timberwolves dove headfirst into a supersized frontcourt starring Rudy Gobert and Karl-Anthony Towns, Minnesota evaluated ways to bolster the opposite end of its starting lineup. The Timberolves explored the offseason trade market of point guards, league sources told Yahoo Sports, and particularly Dejounte Murray. Another one-time All-Star ball-handler, D’Angelo Russell, has held Minnesota’s starting role ever since the Timberwolves sent Andrew Wiggins plus the first-round pick… Source link

A Russian court, as expected, upheld WNBA star Brittney Griner’s nine-year sentence for drug possession, rejecting her appeal for reduced punishment. The ruling handed down by a three-judge panel sends Griner to serve out her sentence in a Russian prison colony, unless U.S. officials are able to negotiate her release. The seven-time WNBA all star has been detained since February after Russian authorities found vape cartridges containing cannabis in her luggage at Moscow’s… Source link

Draymond Green has rejoined the Golden State Warriors, and it would be understandable if the mood were a bit tense after his punch of teammate Jordan Poole. He’s just trying to move past it. The veteran spoke to reporters Thursday for the first time since stepping away from the team, and there was no shortage of topics. While Green was away, Warriors head coach Steve Kerr announced Green would be fined but not suspended for the punch, though his future with the club is still quite cloudy. As… Source link

BOSTON — After the Boston Celtics launched an investigation into their head coach and before he was suspended for the 2022-23 NBA season as a result of their findings, Ime Udoka met with reigning Defensive Player of the Year Marcus Smart and “a couple” of his teammates in Los Angeles to discuss their championship pursuit. “That’s why it seems so off guard to us,” Smart said, “because everything seemed so normal.” No NBA coach has ever been expelled so abruptly before a season that carried… Source link

BOSTON — The topic of whether Golden State Warriors star Draymond Green should have been ejected in Game 2 of the NBA Finals dominated headlines this week. Green, who already picked up an earlier technical foul, had a mini altercation with Boston Celtics star Jaylen Brown toward the end of the second quarter that went unpenalized. Two technicals are an automatic ejection. Celtics forward Grant Williams, who is a vice president of the National Basketball Players Association, spoke to Yahoo… Source link

Robinhood (HOOD) stock has been on a downtrend since its IPO in July of last year. The financial services company, which aims to “democratize finance for all,” also recently produced a lackluster earnings report for Q1 2022. Amid Robinhood’s financial woes, finance YouTube channel host and retail trader Matt Kohrs believes the outlook is bleak for the company’s stock. “At least from the retail trading community, which I’m happily a member of, I don’t really think the sentiment has… Source link

Hewlett Packard Enterprise CEO Antonio Neri wasted no time severing his business from Russia in light of the country’s invasion of Ukraine. The computing giant halted shipments to Russia 72 hours ago, Neri said on Yahoo Finance Live. “Obviously it is incredibly concerning this humanitarian situation and this what I call completely unacceptable set of events. We have to really think through this and put the humanity at the core and the business second,” Neri explained. To be sure, Neri — fresh… Source link

The Presidents Day holiday in the U.S. likely provided little mental relief for traders as the situation between Russia and Ukraine intensified, sending stock futures plunging Monday evening. Futures on the Dow Jones Industrial Average tanked 431 points as of 7:45 p.m. ET, or 1.3%. The S&P 500 and Nasdaq Composite saw worse slides of 2.3% and 3.4%, respectively. The U.S. holiday — along which came closed markets for trading Monday — brought several negative developments on the… Source link

The Women’s Tennis Association announced Wednesday that it is suspending all of its tournaments in China due to the Chinese government’s alleged inaction regarding Peng Shuai’s accusation of sexual assault and continuing questions about her safety, wellbeing and freedom.  In a statement, WTA CEO Steve Simon explained the decision to immediately suspend tournaments in China. Unfortunately, the leadership in China has not addressed this very serious issue in any credible way. While we now know… Source link