With consumer prices soaring by the most in four decades in January, food prices have borne the brunt of skyrocketing inflation — something Smashburger and other food chains have passed along to their customers. In a Yahoo Finance interview, Smashburger president Carl Bachmann cited inflation as “a challenge” for the fast-casual chain, but noted several strategies that have helped alleviate price pressures — and sticker shock for consumers. “We’ve had to take some very small minor price… Source link
Read More »Chip shortage won’t end in 2022, hints AMD CEO
The semiconductor shortage roiling industries from automakers Ford and General Motors to industrial products maker 3M is unlikely to end in 2022, hints one of the foremost minds in the space. “There’s tremendous investment that’s happening across the semiconductor industry, whether you’re talking about on the wafer side or on some of the substrates or the back-end assets. So we are making progress. I do believe that the first half of this year will continue to be quite tight. But the second… Source link
Read More »Eric Dickerson won’t attend Super Bowl over Rams ticket flap
One of the biggest names in Los Angeles Rams history is thinking about boycotting the Super Bowl. Hall of Fame running back Eric Dickerson said he’s considering staying at home during the Super Bowl after the team reportedly offered to seat him in the nosebleeds. [Join Yahoo’s free Big Game prop quiz for a chance to win up to $10K] Dickerson made that comment during an appearance on CBS Sports radio. Dickerson said the team wanted him to sit in the 400 section. Because of that, he thinks he’ll… Source link
Read More »‘Hot Tongan’ Pita Taufatofua won’t be in Beijing
BEIJING — For the first time since 2014, an Olympics Opening Ceremony won’t feature the glistening pecs of multi-sport Olympian Pita Taufatofua. The Tongan Olympian in both taekwondo and cross-country skiing, Taufatofua is remaining at home in Tonga as the nation works to recover from the effects of a devastating volcano blast last month. That means viewers hoping to catch a glimpse of Taufatofua in his trademark shirtless, skirted garb — which he sported at both Summer and Winter… Source link
Read More »Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting
(Bloomberg) — Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation. Most Read from Bloomberg “The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it… Source link
Read More »Aaron Rodgers reveals the one thing he won’t do if he retires
Since the Green Bay Packers were eliminated by the San Francisco 49ers on Saturday, Aaron Rodgers has suddenly been shoved into discussions about his future. Will he retire? Will he keep playing? If he does keep playing, where will it be? Will he stay with the Packers or take his talents to another team? There are so many questions, and Rodgers isn’t ready to answer any of them yet. He has a lot of time to figure out his next steps, but he already knows the one thing he won’t do: pull a Brett… Source link
Read More »Jerry Jones won’t fix glare at AT&T Stadium
Dallas Cowboys owner Jerry Jones is on the war path this offseason. Jones expressed a desire to make multiple changes within the organization after the Cowboys lost their wild-card game against the San Francisco 49ers. Even head coach Mike McCarthy might be on the chopping block. But at least one thing will stay consistent. Jones intends to keep the horrible glare at AT&T Stadium that hurt the Cowboys during their playoff loss. Jones said there are 9,999 things he needs to change before… Source link
Read More »Cathie Wood was put to the test in 2021 and next year won’t be any easier
Like many of us, Cathie Wood has had a crazy 2021. Investors in her flagship fund might argue that the year was even crazier. Ark Innovation (ARKK), Wood’s main ETF, is poised to end 2021 down by nearly 25%, even as the S&P 500 is up by about the same amount. But the Ark Invest CEO is staying the course with bold bets on high-flying tech companies and chiding critics who commit to benchmarks “unlikely to generate even average returns during the next 10 years” — even as her own… Source link
Read More »Tiger Woods won’t use cart to play on PGA Tour after crash
Tiger Woods is riding in a cart this week at the PNC Championship, which marks his first time back out on the course after his February car crash. Though this week is different — Woods is playing alongside his son, Charlie, in the modified 20-team, two-person event in Orlando — Woods insisted that he’d never request a golf cart to compete in an official PGA Tour event. “No, absolutely not. Not for a PGA Tour event, no,” Woods said Friday, . “That’s just not who I am. That’s not… Source link
Read More »Survey finds 75% of employers won’t have vaccine ban if US mandate is struck down
More than two-thirds of U.S. employers recently surveyed have no plans to make vaccination a condition of work, if courts ultimately strike down the Biden administration’s mandate for large employers. According to the survey of 1,000 randomly selected members of the Society for Human Resources Management, 75% said they’re not likely to implement either of the mandate’s central directives — full vaccination or weekly testing — should a permanent court ruling make the measure… Source link
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