Tag Archives: start

Student-athletes in various states are already profiting from their name, image, and likeness (NIL) after new state and national rules marked a massive shift in college sports. The National Collegiate Athletic Association (NCAA) approved an interim policy that allowed college athletes to monetize their NIL for the first time beginning on July 1, 2021, following various states that passed legislation allowing the same. “This is huge,” Kam Buckner, a Democratic member of the Illinois House… Source link

(Bloomberg) — For 110 years, four generations of Mills family members earned their money by expanding their great-grandfather’s Chicago apron business into a medical supplier that ranked among the nation’s largest private companies. But soon after Democrats turned their attention toward raising taxes for the wealthy this year, the family signed a deal to cash out billions. It was no coincidence, according to people close to the more-than $30 billion transaction, which sold part of Medline… Source link

After finishing last week on a high note, with the S&P 500 back in record territory and posting its third week in a row of gains, all eyes are on the Fed. The S&P 500 finished last week at 4,247.44, a gain of more than 8% on the day and up slightly for the week. The Dow Jones Industrial Average, meanwhile, closed higher on Friday but declined slightly for the week. S&P 500, Dow and Nasdaq futures are all trading slightly in the green in early evening on Sunday, as is the oil price. DeMark… Source link

DENVER — The Denver Nuggets intend to shake things up heading into Game 4 against the Phoenix Suns by inserting guards Will Barton and Monte Morris into the starting lineup, league sources told Yahoo Sports. Consistent scoring in the first unit has been problematic all series long. Phoenix is up 3-0 in the Western Conference semifinals round with a chance to close the series out Sunday night on the road. Barton returned from a hamstring injury in Game 2 after being sidelined since April 23…. Source link

Takashi Mochizuki | Bloomberg The Japanese government will start investigating how Apple Inc. and Alphabet Inc.’s Google deal with Japanese smartphone makers, which could lead to tightening antitrust regulations, the Nikkei newspaper reported Sunday, without saying where it got the information. A government panel, which consists of officials, bureaucrats and external experts, will kick off the discussion this month as Apple’s iOS and Google’s Android software stands at more than 90% of… Source link

TipRanks Billionaire Israel Englander Bets on These 2 Penny Stocks Let’s talk about risk, reward, and pennies. The three are related, of course. There’s no reward in the stock market without taking on some risk – and penny stocks offer investors an optimum combination of both. The ‘pennies’ are the lowest cost stocks on the public markets, typically priced below $5 per share. At such a low share price, even a small gain – a share price increase of mere pennies – can quickly… Source link

Alphabet Inc’s (GOOGL.O) Google on Tuesday launched its Showcase news platform in India with 30 domestic news publishers, at a time when the country is trying to weed out misinformation surrounding a ferocious second COVID-19 wave. Indians have become increasingly reliant on social media platforms like Twitter (TWTR.N), Facebook (FB.O) and Instagram for information related to the crisis amid a shortage of critical medical supplies. Google will pay the partnering publishers for their online… Source link

Bloomberg China Puts Australia on Notice With Push to Diversify Iron Ore (Bloomberg) — Beijing threw the spotlight on trade tensions with its top commodities supplier, Australia, after the government’s economic planning agency said it’s looking to diversify China’s supply of iron ore.Chinese firms should boost domestic exploration for the steel-making input, widen their sources of imports, and explore overseas ore resources, the National Development and Reform Commission said at its… Source link

Bloomberg Central Banks Keep Lid on Rate Bets as Commodity Prices Soar (Bloomberg) — The surge in commodities prices is failing to trigger some of the traditional responses in bonds and currencies.Unlike recent commodities rallies in 2008 and 2011, yields on Treasuries and currencies of major exporters like Australia have barely budged. Likewise, the Federal Reserve’s favored measure of inflation expectations has disconnected from moves in raw materials.The biggest buffer: Central bank… Source link

Los Angeles-based electric vehicle startup Canoo is bringing its first vehicle to market next year. The company said Monday its electric microbus-slash-van will be available to buy in 2022 at a base price of $34,750 before tax incentives or add-ons. It’s now taking preorders in the United States for the “lifestyle” vehicle, as well as for its round-top pickup truck and multi-purpose delivery van. While Canoo did not release pricing for the other two vehicles, it said that deliveries for… Source link