Tag Archives: spending

The New York Times A Desperate India Falls Prey to COVID Scammers NEW DELHI — Within the world’s worst coronavirus outbreak, few treasures are more coveted than an empty oxygen canister. India’s hospitals desperately need the metal cylinders to store and transport the lifesaving gas as patients across the country gasp for breath. So a local charity reacted with outrage when one supplier more than doubled the price, to nearly $200 each. The charity called the police, who discovered what… Source link

(Bloomberg) — Alibaba Group Holding Ltd. forecast better-than-expected revenue and pledged to invest in new growth arenas, signaling its intention to move past a Chinese antitrust probe that triggered its first loss in nine years. Jack Ma’s flagship e-commerce firm swung to a 5.5 billion yuan ($852 million) net loss — its first since 2012 — after the company swallowed a $2.8 billion fine for monopolistic behavior imposed by Beijing. It now intends to refocus on its business, plowing… Source link

Enlarge / Yahoo logo at the 2014 International CES conference in Las Vegas. Getty Images | Ethan Miller Verizon is reportedly ready to give up on Yahoo and AOL after spending a combined $9 billion on the once-dominant Internet brands that fell from prominence years before Verizon bought them. “Verizon is exploring a sale of assets including Yahoo and AOL, as the telecommunications giant looks to exit an expensive and unsuccessful bet on… Source link

The New England Patriots just experienced their first losing season since 2000, and have no interest in doing that again. Just hours into free agency, the Patriots have spent $194.5 million to get back to their winning ways. The hits kept coming nonstop Monday, as the team quickly reached deals with tight end Jonnu Smith and nose tackle Davon Godchaux a few minutes after free agency opened. Hours later, the team made two more big additions, signing Matthew Judon and Jalen Mills. Patriots board… Source link

TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link

TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link

TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and hyper-partisan Congress is unlikely to enact any sweeping legislation, reform or otherwise, and COVID vaccines are ready for distribution. It’s a recipe for a calm news cycle.Which makes it a perfect time to… Source link

As LaMelo Ball prepares for his first taste of NBA action, one of his purchases received some scrutiny this week. Video of the Charlotte Hornets rookie showing off a very sparkly diamond grill started making the rounds on social media Wednesday, and the reaction was what you could imagine with one of the NBA’s most famous rookies and his infamous father. “He’s got nice teeth, what’s he putting a grill on for? These kids are something,” LaVar Ball said. “If that’s what he wanted,… Source link

For the first time, more than half of U.S. advertising spending is set to go to digital platforms such as Google and Facebook , the world’s largest ad buyer said, a reflection of marketers’ strategy shift as the coronavirus pandemic pummeled the industry this year. The milestone is just the latest proof of digital advertising’s meteoric rise, a development that has concentrated ad spending with several tech giants at the expense of other platforms, including… Source link

Black Friday & Cyber Monday Google Pixel phone deals for 2020, including Pixel 5 smartphone discounts Here’s a list of the best Google Pixel 5 deals for Black Friday & Cyber Monday, featuring all the best offers on the Pixel 5 and more. Explore the best deals by clicking the links below. Best Google Pixel 5 Deals: Best Google Pixel Deals: Searching for more deals? Click here to shop the full selection of deals at Walmart’s Black Friday & Cyber Monday sale and click here to check… Source link