On this week's Run It Back, William Lou and Alex Wong tackle unpopular opinions submitted by Raptors fans.
On this week's Run It Back, William Lou and Alex Wong tackle unpopular opinions submitted by Raptors fans.
The Biden administration vowed Thursday to stand by Australia in its worsening trade and other disputes with China. Secretary of State Antony Blinken told his Australian counterpart that the U.S. “will not leave Australia alone on the field — or maybe I should say ‘alone on the pitch’ — in the face of economic coercion by China.” Like the United States and China, Australia and China are in the midst of several major disputes as Beijing seeks to apply pressure over commerce and influence.
CDC relaxes mask guidelines. An active-duty Marine Corps officer was charged in the Capitol attack. It's Thursday's news.
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ("Energy Fuels" or the "Company") today reported its financial results for the quarter ended March 31, 2021. The Company's annual report on Form 10-K has been filed with the U.S. Securities and Exchange Commission ("SEC") and may be viewed on the Electronic Document Gathering and Retrieval System ("EDGAR") at www.sec.gov/edgar.shtml, on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, and on the Company's website at www.energyfuels.com. Unless noted otherwise, all dollar amounts are in U.S. dollars.
Shareholders of American International Group, Inc. (NYSE: AIG) yesterday elected thirteen directors at the company's Annual Meeting of Shareholders. Shareholders also voted to support each of the three other proposals recommended by the AIG Board of Directors (the "Board") and, as the Board recommended, shareholders withheld support for the shareholder proposal included in the 2021 Proxy Statement.
As the U.S. moves closer to reopening seemingly every day, it looks like a big step forward will come in mid-summer, when the Lollapalooza Festival will return to Chicago with a four-day event at its usual place and date range — Grant Park, July 29-August 1 — sources tell Variety. The city of Chicago gave […]
Pride? It was the amazing emotional glue that held this whole generation of heavyweights in its grasp and formed an unbreakable fraternal tie among them, which lasted long after they quit the ring.
IRVINE, Calif. (AP) _ Viant Technology Inc. (DSP) on Thursday reported a loss of $3.1 million in its first quarter. The Irvine, California-based company said it had a loss of 27 cents per share. Earnings, adjusted for stock option expense, came to 1 cent per share. The advertising software company posted revenue of $40.1 million in the period. Its adjusted revenue was $26.7 million. For the current quarter ending in July, Viant said it expects revenue in the range of $29.5 million to $30.5 million. The company expects full-year revenue in the range of $135 million to $140 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DSP at https://www.zacks.com/ap/DSP The Associated Press
Further demonstrations could not stop Thursday’s fixture going ahead in Old Trafford’s final match behind closed doors.
NEW YORK (AP) — Harvey Mason jr., can drop the interim from his title: He's now the official president and CEO of The Recording Academy. The academy, which produces the Grammy Awards annually, made the announcement Thursday. Mason, a successful Grammy-nominated producer who has worked with Beyoncé, Chris Brown and Toni Braxton, has been the interim leader at the academy since January 2020. He was previously chair of the academy’s board. Mason is the first Black president and CEO of the academy. The announcement comes two weeks after the academy voted to remove its anonymous nomination review committees — groups that determined the contenders for key awards at the coveted music show. Mason succeeded Deborah Dugan, the former CEO of Bono’s (RED) charity organization who in 2019 became the first woman appointed to lead the organization. But she was fired 169 days after she took the job — days before the 2020 Grammys. Dugan has since said the awards show was rigged and muddled with conflicts of interest. Before Dugan's appointment, Neil Portnow led the Grammys since 2002. Michael Greene became the first official president and CEO of the academy in 1988. Mesfin Fekadu, The Associated Press
Philadelphia incinerated remains of police bombing victims without telling familiesMayor fires health chief over disposal of remains decades after 1985 Move bombing, which killed 11 Relatives and supporters of Move conduct an anniversary march one year after the bombing. Photograph: Bettmann/Bettmann Archive
The love and friendship between these two music giants could not have been more evident than in this majestic photo of them hugging at an event back in 1989. Another virtuosic musical talent, Monae, showed Wonder some love at his "Key of Life" Award expo in L.A. in 2017.
EXCLUSIVE: Lucy Freyer has joined the cast of Brit McAdams’ Paint, starring Owen Wilson, Michaela Watkins, Wendi McLendon-Covey, Ciara Renée, Lusia Strus and Stephen Root. The comedic feature centers on Carl Nargle (Wilson), who has hosted Vermont’s #1 painting show for nearly three decades. While Carl’s signature whisper has long kept viewers from Pittsfield to St. […]
Yahoo Finance's Melody Hahm breaks down Airbnb's most recent earnings report.
AUSTIN, Texas (AP) _ Ideal Power Inc. (IPWR) on Thursday reported a loss of $924,000 in its first quarter. On a per-share basis, the Austin, Texas-based company said it had a loss of 17 cents. The power conversion technologies developer posted revenue of $242,100 in the period. Its adjusted revenue was $242,000. Ideal Power shares have declined 12% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.19, more than tripling in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IPWR at https://www.zacks.com/ap/IPWR The Associated Press
Welcome to the Yahoo Sports 2021 WNBA training camp tracker. Preseason games will be held May 1-11 with rosters finalized on May 13. Keep up with the league’s latest news before the tipoff of the 25th anniversary season on May 14.
Wall Street put the brakes on a three-day losing streak with a broad stock market rally Thursday powered by Big Tech companies and banks. The S&P 500 notched a 1.2% gain, clawing back almost half of its loss from a day earlier, when it had its biggest one-day drop since February. Even so, the benchmark index is on track for a 2.8% weekly decline, which would be its largest since January. The other major indexes were also on pace for sharp weekly declines, despite recouping some of their losses. Technology stocks led the gainers after sinking earlier in the week as investors fretted about signs of rising inflation. Apple, Microsoft, Facebook and Google's parent company all rose. Financial companies also did well. JPMorgan Chase, Charles Schwab and Capital One Financial each rose more than 2%. In a reversal from Wednesday, the energy sector was the only loser in the S&P 500 as oil prices fell sharply. It’s not uncommon for markets to reverse direction after sharp gains or losses over a period of days as investors reassess markets and pause during periods of volatility. “Investors have kind of gotten conditioned about when there’s volatility and when there are pullbacks: step in and buy the dip, and you will be rewarded in short order,” said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. The S&P 500 gained 49.46 points to 4,112.50. The Dow Jones Industrial Average rose 433.79 points, or 1.3%, to 34,021.45. The Nasdaq, which is heavily weighted with technology stocks, climbed 93.31 points, or 0.7%, to 13,124.99. Smaller company stocks, which for most of this year had outgained the broader market, also recovered some of their losses from earlier in the week. The Russell 2000 index picked up 35.81 points, or 1.7%, to 2,170.95. Recent economic reports have left many investors uneasy. Last week’s jobs report showed fewer employers hiring than had been expected, and on Thursday the government reported that wholesale prices jumped 0.6% last month, driven by higher costs for services and food. That was more than expected and the latest indication that inflation pressures are mounting. Rising prices reflect growing economic activity after last year’s global shutdown to fight the coronavirus pandemic. However investors worry inflation might disrupt the recovery or prompt central banks to withdraw stimulus and near-zero interest rates. “The capital markets are clearly grappling in a tug of war,” said Bill Northey, senior investment director at U.S. Bank Wealth Management. Investors have been questioning whether rising inflation will be something transitory, as the Federal Reserve has said, or something more durable that the Fed will have to address. Currently, the central bank has maintained low interest rates in order to help the economic recovery, but concerns are growing that it will have to shift its position if inflation starts running too hot. “Is there something more durable being embedded within rising prices? The next several months will not likely resolve this debate,” Northey said. Bond yields rose sharply this week in response to the data but pulled back slightly on Thursday. The yield on the 10-year Treasury note was 1.66% compared to 1.70% the day before. In other markets, the price for Bitcoin plunged 10% after Tesla CEO Elon Musk reversed his earlier position on the digital currency and said the electric car maker would no longer accept it as payment. The price of U.S. crude oil fell 3.4% after a key gasoline pipeline on the East Coast was reopened late Wednesday. The price of crude oil is now down slightly for the week. Energy stocks fell along with oil prices. Occidental Petroleum slid 5.6% for the biggest loss in the S&P 500. Damian J. Troise And Alex Veiga, The Associated Press
New Delhi [India], May 14 (ANI): The Delhi High Court on Thursday directed Jawaharlal Nehru University (JNU) administration to provide for immediate isolation to residents who have been tested Covid positive and a 'Covid Care Centre' to be set up inside the JNU.
New York, New York--(Newsfile Corp. - May 13, 2021) - The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders of Ebang International Holdings Inc.Shareholders who purchased shares of EBON during the class period listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/ebang-international-holdings-inc-loss-submission-form/?id=15847&from=5CLASS PERIOD : June 26, 2020 to ...
SAN RAMON, Calif. (AP) — Apple seems to be prevailing in an antitrust trial examining whether its mobile app store illegally skims profits from smaller companies. But the tech giant's apparent edge comes at the cost of facing nagging questions about the financial vise it holds on people buying digital services on iPhones, iPads and iPods. If nothing else, the skirmish has sharpened the focus on the exclusive payment system that Apple has built into transactions occurring within apps installed on its family of mobile devices. Apple has collected a 15% to 30% commission on those in-app purchases for the past 13 years, fueling a moneymaking machine that has helped the company increase its market value from about $150 billion in 2008 to more than $2 trillion today. Those apps avoid a commission when their customers pay for their services through other options, such as a web browser. But Apple forbids apps from posting any links or making any other suggestions that steer people toward those other alternatives. The anti-steering provision prompted Epic Games, the maker of the popular video game Fortnite, to sue Apple last year and set the stage for the trial now approaching the end of its second week in an Oakland, California, courtroom. To prevail, Epic will have to persuade U.S. District Judge Yvonne Gonzalez Rogers that Apple’s app store has become a monopoly that has enabled the Cupertino, California, company to engage in price gouging. That argument will likely require Gonzalez Rogers to embrace Epic’s contention that the iPhone’s software and the app store are large enough to represent a market by themselves. That has been a tough case to make, largely because the same commission rates have long been charged by similar stores operated by the leading video game consoles — Microsoft’s Xbox, Sony’s PlayStation and Nintendo’s Switch — as well as on smartphones and other devices running on Google’s Android system. What’s more, Apple has never raised its commissions, and last year lowered them for companies that generate less than $1 million in annual sales on its products — a waiver that applies to the overwhelming majority of the roughly 1.8 million apps now in its store. Antitrust expert Herbert Hovenkamp, a law professor at the Wharton School of the University of Pennsylvania, doubts Gonzalez Rogers will agree with Epic’s narrow market definition. And that, he said, gives Apple the clear upper hand in the case so far. “This is a case about market power, so even if there is bad behavior going on, it won’t make a difference if Apple isn’t (judged) a monopolist,” Hovenkamp told The Associated Press. But Gonzalez Rogers has seemed troubled by Apple’s anti-steering requirements, based on her comments and questions during the past few days of the trial. Her concerns crystallized while one of Apple’s expert witnesses, Richard Schmalensee, was on the stand. Schmalensee, formerly dean of the Massachusetts Institute of Technology’s Sloan School of Management, also defended American Express in an antitrust case challenging its prohibition on merchants recommending customers use other credit cards with lower transaction fees — a policy the U.S. Supreme Court upheld in a 2018 decision. After Schmalensee likened Apple’s in-app commissions to a credit card terminal that charges a fee for being part of its store, Gonzalez Rogers questioned why an app couldn’t display different payment options, similar to the way stores can show a sign at checkout stands displaying the different credit cards and other forms of payment they accept. She suggested some sort of button or link might be inserted into apps allowing consumers to choose another payment method. That is something Epic would like, given the main motives underlying its lawsuit. Epic has two goals: to avoid giving Apple a cut of its sales to Fortnite players making impulse purchases for digital goods while playing the game; and it is looking for ways to expand its own unprofitable app store that charges a 12% commission. But Apple insists that its payment system should remain the only option for in-app transactions on the iPhone and its other devices. It argues this helps pay for the $100 billion it says it has invested in mobile software, as well as protecting its customers’ against potential security threats. Hovenkamp interpreted Gonzalez Rogers’ questions about Apple’s anti-steering requirements as “an invitation to settlement” of the case before she issues her decision at some point after the trial ends late this month. Even if Gonzalez Rogers sides with Apple and upholds the status quo, Epic could still win if the issues aired out in the trial raise consumers' awareness about the different options available to them, said Daniel Lyons, a Boston College law professor following the case. “Even if they lose the case, they have been playing a court-of-public-opinion game," Lyons said. “You spend a few million dollars on lawyers and you are a company that winds up being in the headlines for sticking up for the little guy. Maybe that's a win in itself." Michael Liedtke, The Associated Press
Russia has picked four people to serve as nonprofessional crew members and actors in what is planned to be the first movie to be shot in outer space, Russia's Roscosmos space agency said on Thursday. Some of them are scheduled to be launched on a Soyuz MS-19 craft on Oct. 5 to be delivered to the International Space Station, which orbits Earth at an altitude of around 220 miles (354 km), according to Roscosmos and NASA. "Among other things, they will have to take centrifuge tests, vibration stand tests, perform introductory and training flights on a zero-gravity plane, undergo parachute training," Roscosmos said.