Tag Archives: tells

Kareem Abdul-Jabbar tells unvaccinated ‘let’s get with it’

Kareem Abdul-Jabbar has been outspoken in his advocacy for the COVID-19 vaccine, and he has a message for the 5% of NBA players who still have not gotten it. “Lives are at stake. It’s important here. People are dying,” Abdul-Jabbar told Yahoo Sports. “The ignorance that has been perpetrated and the misinformation that has been spread around everywhere has made it impossible for people to get an understanding of what is going on.  “People who say they haven’t finished doing the research yet,… Source link

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Google tells court ‘staggering’ $5 bln EU antitrust fine flawed

Google urges EU court to scrap or cut record fine EU regulators say fine is significantly below cap LUXEMBOURG, Sept 30 (Reuters) – A 4.34 billion euro ($5 billion) European Union antitrust fine was based on flawed calculations, Alphabet’s (GOOGL.O) Google said on Thursday, urging Europe’s second-highest court to scrap or reduce what it said was not an appropriate penalty. Google was fined for using its Android mobile operating system to thwart rivals and cement its dominance in general… Source link

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Google tells EU court payments to phone makers gave Android a chance against Apple

A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave Google says payments merely a promotional opportunity EU says they are pinnacle of illegal interlocking practices EU court judgment likely next year LUXEMBOURG, Sept 29 (Reuters) – Payments to phone makers to pre-install only Google Search on their devices were not aimed at preventing competition but were necessary for Android to seize market share from… Source link

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Gold Stalls as UBS Tells Buyers ‘Get Out’ Before Losses Worsen

(Bloomberg) — Gold slipped after finishing strongly last week, with UBS Group AG warning investors to rethink their bullion holdings as the global economy recovers and the greenback strengthens into next year. Bullion had been clawing back some ground over the past week after better-than-expected U.S. jobs data sent prices tumbling on bets the Federal Reserve may start paring back massive monetary stimulus soon. This week, investors will parse through a speech by Chair Jerome Powell, as well… Source link

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Everybody take the week off, Wall Street firm tells staff

By David French and Jessica DiNapoli NEW YORK (Reuters) – No calls, no emails and no meetings. That’s the order this week from Aquiline Capital Partners to its staff. The private equity firm is putting all employees on vacation, people familiar with the matter said. It’s an unusual move intended to recognize employees and avoid burnout from the physical and mental pressure of the COVID-19 pandemic and the frenetic pace of dealmaking. Aquiline has more than $6 billion in assets and over 60… Source link

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Musk tells court he dislikes being Tesla CEO as SolarCity trial opens

By Tom Hals and Sierra Jackson WILMINGTON, Del. (Reuters) – Elon Musk insisted in court on Monday he does not control Tesla Inc and said he did not enjoy being the electric vehicle company’s chief executive as he took the stand to defend the company’s 2016 acquisition of SolarCity. The lawsuit by union pension funds and asset managers alleges the celebrity CEO strong-armed Tesla’s board into wasting the company’s assets to buy SolarCity, which was running out of cash. Musk at the time… Source link

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Rick Carlisle reportedly tells Mavericks he won’t be back

The Dallas Mavericks continue to undergo a complete makeover this offseason. Longtime coach Rick Carlisle has reportedly told the team he will not return as its coach next season, according to ESPN’s Adrian Wojnarowski. Carlisle has been with the team for 13 seasons. He led the team to its 2011 NBA championship. In his 13 seasons with Dallas, Carlisle has a 555-478 record. He still had two more years left on his current contract with the team. In a statement, Carlisle said it was completely… Source link

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Commerce Secretary tells how to fix the crazy car shortage

They sit parked in megalots all across North America — next to a big stone quarry in Troy, Missouri, by an auto assembly plant in Silao, Mexico, and filling the vast parking areas outside the Kentucky Motor Speedway near Owensboro. Tens of thousands of bright, shiny, never-been-driven Ford (F) and GM (GM) trucks and SUVs. They appear to be ride ready, but they aren’t. Buyers are lined up to buy them, but they can’t. The problem, as you might have guessed, is the vehicles have no… Source link

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What stock market history tells us about corporate tax hikes: Morning Brief

TipRanks 3 “Strong Buy” Stocks Under $10 That Are Poised to Take Off COVID is receding, and markets are rising; those are the two trends that investors have most on their minds right now. It’s entirely sensible that they’ll go together. As the economy reopens, money will begin to circulate faster – and find its way in the equity market. With economic conditions improving, investors are on the lookout for the best returns in an expansionary environment. One natural place for them to… Source link

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Governments need more money to fight Google antitrust cases, lawyer tells Congress

Google CEO Sundar Pichai testifies before the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law during a hearing on “Online Platforms and Market Power” in the Rayburn House office Building on Capitol Hill, in Washington, U.S., July 29, 2020. Mandel Ngan/Pool via REUTERS The power of Big Tech to tamp down potential business rivals stretches all the way into the courtroom, a leading antitrust attorney testified before the House Judiciary Subcommittee on Antitrust on… Source link

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