Tag Archives: turns

Ken Griffin — who needs him? Nobody at the announcement last week of Google taking over the Thompson Center uttered anything close to that sentiment, but it hung in the air of the building’s atrium as Gov. J.B. Pritzker and others paraded to a podium to heap praise on Chicago’s new BBF — best business friend. Joining the governor were… Source link

The Rusacks Hotel in St. Andrews stands right alongside the 18th fairway, with a gorgeous view of one of the most famous finishing holes in golf. The McIlroy family stayed there all week, and every morning, Rory McIlroy would look out his window and see the imposing yellow scoreboard that loomed over the 18th green. The banner along the front of the grandstands read EVERYTHING HAS LED TO THIS. For someone who hasn’t won a major in eight years, it seemed like a literal sign that this was his… Source link

Like countless other contract disputes, Twitter’s (TWTR) clash with Elon Musk over the Tesla CEO’s (TSLA) attempted exit from his $44 billion agreement to acquire the social media company turns on language that can be open to multiple interpretations. Don’t expect Twitter or Musk to admit that the legalese laying out the terms of their merger agreement leaves the slightest ambiguity about their respective rights, though. After publicly taunting Twitter with the threat of a hostile… 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 Friday, July 8, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. One of the biggest bulls on Wall Street has finally pared back their optimism for the rest of this year. In a note to clients published Thursday, Oppenheimer Asset Management Chief Investment… 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 lunch was spirited,” said Sen. Ted Cruz (R-Texas), one of the more vocal attendees. “Google deflected, refused to provide any data, repeatedly refused to answer direct questions.” The senators’ furor is part of the broader conservative crusade against the major tech companies, who they claim routinely stifle right-wing speech. The companies, including Facebook and Google, have denied these allegations, while researchers have found that there is no evidence that the social… Source link

Around the pandemic lows in 2020, I wrote that even though the virus will get worse, “it doesn’t mean the stock market has to go lower.” I remained bullish throughout the strong run but turned cautious in mid-December 2021 for two main reasons: The market technicals were breaking down and the Fed became increasingly hawkish. I’ve been defensive since then and maintained a high cash position for my clients. In order for me to feel more confident about a sustained, new uptrend, and… Source link

Vic Fangio figures to see high demand when he looks for a defensive coordinator job, but that apparently won’t be this offseason. [Join Yahoo’s free Big Game prop quiz for a chance to win up to $10K] The former Denver Broncos head coach received multiple defensive coordinators job offers this winter, but will likely take the 2022-23 season off before returning to coaching, according to ESPN’s Adam Schefter. Fangio’s tenure as a head coach didn’t work out, for a number of reasons, but his… Source link

(Bloomberg) — Amazon.com Inc. shares fell sharply on Monday, taking the e-commerce giant into negative territory for the year, as a sustained rise in Treasury yields is hurting the earnings outlook for companies with high valuations. Most Read from Bloomberg Amazon shares fell as much as 2.5% on Monday and were on track for a sixth straight negative session, the longest such streak for Amazon since an eight-day drop that ended in August 2019. With the decline, the stock is now down 1.4% for… Source link

(Corrects to remove extraneous text in headline) * Energy, bank stocks lead market declines * All eyes on Fed’s policy meeting later this week * Major airlines gain as U.S. relaxes travel rules * Indexes down: Dow 1.92%, S&P 2.04%, Nasdaq 2.53% By Devik Jain Sept 20 (Reuters) – Wall Street’s main indexes tumbled on Monday, as concerns about the pace of a global recovery spurred a selloff across sectors at the start of a week in which the Federal Reserve will decide on potentially tapering its… Source link