Tag Archives: Woes

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, November 28, 2022 Today’s newsletter is by Brian Sozzi, editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. So I’m watching the Macy’s (M) Thanksgiving Day Parade and was pleasantly surprised to see musical performances by icons… 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, November 28, 2022 Today’s newsletter is by Brian Sozzi, editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. So I’m watching the Macy’s (M) Thanksgiving Day Parade and was pleasantly surprised to see musical performances by icons… Source link

(Bloomberg) — Sanofi, GSK Plc and Haleon Plc extended their declines and have lost a combined $40 billion in market value since Tuesday’s close amid mounting concerns about litigation around the recalled heartburn drug Zantac. Most Read from Bloomberg Sanofi fell as much as 13% on Thursday in trading volumes nearly 10 times the average, taking its two-day decline to 20%, the steepest drop ever over that timeframe. GSK slid as much as 12% in London, while its recent spinoff Haleon slumped… Source link

Restaurants continue to grapple with the aftermath of COVID-19 as surging prices, supply chain headwinds and labor shortages compound an already struggling sector. “This is the toughest operating environment I’ve ever seen for this industry…and I haven’t seen anything loosen up yet,” AJ Kumaran, Raising Cane’s co-CEO and COO, told Yahoo Finance in a new interview. Labor has been one of the most difficult obstacles for restaurants to overcome, with nearly half of all operators citing… Source link

LONDON, March 7 (Reuters Breakingviews) – Russia is turning in on itself. Sanctions have hammered Moscow-linked stocks and in New York shares in search engine Yandex (YNDX.O), , until two weeks ago the darling of the Russian technology scene, have been suspended. The trading hiatus may activate a bond repayment it can’t afford. Even if it cuts a deal with creditors, Yandex’s future looks Kremlin-controlled. The Securities and Exchange Commission suspended trading in shares of Yandex and… Source link

Netflix (NFLX) shares plunged more than 20% on Friday — its biggest decline since October 2014 — after the streaming giant reported slowing subscriber growth in the fourth quarter, amid an already crowded streaming landscape. The platform added a relatively weak 8.3 million subscribers in Q4, and forecasted a net add of only 2.5 million subscribers in the current quarter, compared to 3.98 million during the first quarter last year. But top media analysts have argued that this is not time… Source link

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Netflix plunges, weighs on Disney, media stocks * S&P 500, Nasdaq have biggest weekly drops since March 2020 * Focus turning to Fed meeting for clarity on policy * Indexes down: Dow 1.3%, S&P 1.89%, Nasdaq 2.72% (Updates with further market data) By Lewis Krauskopf, Shreyashi Sanyal and Bansari Mayur Kamdar Jan 21 (Reuters) – Wall Street’s main indexes ended sharply lower on Friday as… Source link

As the legal uncertainty in Europe clouding use of US cloud services cranks up, Google has responded by firing up its lobbying engines to call for US and European lawmakers to get a move on and come up a new rubberstamp to grease transatlantic data flows as usual as the bloc’s regulators finally start to find their banhammers. Last week, Austria’s data protection authority decided that a local website’s use of Google Analytics to have breached the bloc’s General Data Protection… Source link

Another major concern for the department is the likely expense of a court battle with the two companies, each of which has a market value exceeding $1 trillion. That issue became more fraught this week when Sen. Joe Manchin (D-W.Va.) torpedoed Democrats’ Build Back Better package, which would have given DOJ a $500 million boost for antitrust enforcement. Senate Democrats vow to hold a vote on the $1.7 trillion bill anyway in January. The department could also get extra cash in other… Source link

Subscribe to You Pod to Win the Game Two NFC teams in quicksand. Two AFC teams vying for conference supremacy. These are the focus of today’s episode. Charles Robinson & Liz Loza go deep in the weeds on why the Seattle Seahawks are struggling and Russell Willson’s murky future in the pacific northwest, why Mike McCarthy’s COVID diagnosis in Dallas opens up a game of 5-D chess about OC Kellen Moore’s place in the organization & the upcoming Patriots-Bills matchup on Monday night setting the… Source link