Tag Archives: stay

The founder of Russian internet major Yandex, Arkady Volozh, could agree to a new shareholder and management structure for the company in exchange for the Kremlin’s permission to develop some of Yandex assets independently abroad, The Bell reported citing unnamed sources. bne IntelliNews covered… Source link

The New Orleans Pelicans want Zion Williamson around for a while, but only on one big condition. The Pelicans star signed a five-year, $193 million max contract earlier this month that could be worth as much as $231 million. According to The Times-Picayune, the contract stipulates that Williamson must weigh in at below 295 pounds periodically throughout the deal. His body fat percentage will also be monitored. Should Williamson tip the scales too much, the amount of guaranteed money in his… Source link

As expected, given the financials involved, Los Angeles Lakers point guard Russell Westbrook will exercise the $47.1 million option on the final year of his contract, league sources told Yahoo Sports. Westbrook’s deal has been a depreciating asset since he signed it in the months after his 2017 NBA MVP campaign with the Oklahoma City Thunder. The nine-time All-Star has been traded to the Houston Rockets, Washington Wizards and Lakers over the past three years. The 33-year-old’s career-high… Source link

The Charlotte Hornets‘ coaching search isn’t over after all. Golden State Warriors assistant Kenny Atkinson reportedly changed his mind and will not become the next head coach of the Hornets, according to ESPN’s Adrian Wojnarowski. Atkinson will instead continue to serve as an assistant coach with the Warriors. It’s unclear what changed between Atkinson and the Hornets. In mid-June, it was reported the Hornets agreed in principle to hire Atkinson. He would reportedly receive a four-year deal… Source link

The Federal Reserve on Wednesday hiked interest rates by the most since 1994 in an effort to tamp down inflation that’s hitting Americans on every front. The average price at the gas pump is now over $5 a gallon, airline fares were up 12.6% from April to May, and the food index rose 10.1% year-over-year in May. Unfortunately, personal finance guru Suze Orman, co-founder of SecureSave and host of the “Women & Money” podcast, has more bad news. Inflation is “here to stay for quite a while,”… 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 Monday, June 6, 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. “It’s a very challenging time right now with inflation,” U.S. Labor Secretary Marty Walsh told Yahoo Finance Live on Friday (video above). Indeed, and the reality is nasty inflation is here… Source link

Stay away from the too-friendly dolphin. Officials have identified an animal that has gotten a bit pushy in the water off of North Padre Island, said a press release from the National Oceanic and Atmospheric Administration. North Padre Island is about 20 miles east of Corpus Christi. “Biologists report the animal is showing more aggressive behavior, separating children from their parents in the water, and isolating swimming pets from their owners,”  said the latest release issued on… Source link

To Brian Flores, Steve Wilks and Ray Horton: Stay strong. Please stay strong. On Thursday, as part of documents submitted in the Flores class-action lawsuit against the league alleging racial discrimination, the NFL and the individual teams named in the lawsuit expressed their intention to file a motion to compel arbitration or alternatively, a motion to have the case dismissed entirely on the grounds that it is “without merit.” It’s to be expected that the league and teams would go this route… Source link

Around three million people who left the workforce during the pandemic still don’t want to return, blaming virus fears.AP Millions who left the labor force last year don’t plan to return to work, shops, or eating out. Women, those without a college degree, and people in low-paying sectors are least likely to return. A worker shortage will likely put more pressure on wages and prices even as the Fed increases rates. Millions of Americans who left the workforce last year plan to stay away… Source link

If you think you are seeing more expensive cars on the road these days, the numbers actually say you are right. J.D. Power shared its latest data on new car sales market with Yahoo Finance, and there were some surprising details. (The data is preliminary for Q1 2022 as there were still a few days left in March, and J.D. Power had to forecast through the end of the month.) Tyson Jominy, vice president of data and analytics at J.D. Power, drilled down to discuss what’s happening in the exploding… Source link