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    PHOENIX — Draymond Green pulled up, exhausted, and watched as the nail dig into the coffin of the Warriors’ seven-game winning streak and their claim to sole possession of the NBA’s best record. Jae Crowder’s 3-pointer with 3:47 to go sealed the Warriors’ fate in a 104-96 loss to the Phoenix Suns in a matchup of the NBA’s top two teams that lived up to its billing. Green had just run the length of the court and back two times but failed to complete either of his attempts at the rim that could have stemmed the Suns’ game-clinching run. Instead, all he could was watch. Crowder’s 3 was the clincher in a 24-18 fourth quarter that gave the Suns their 18th consecutive win and pulled them even with Golden State atop the Western Conference standings at 18-3. Tuesday’s game was more than just an early season matchup for supremacy in the West. It was a battle of one team vying to regain its position and another looking to replicate the former’s dynastic reign. Suns coach Monty...
    Chicago Bears quarterback Justin Fields will try to build on his season-best performance — and the Baltimore Ravens will be without their starting quarterback Sunday at Soldier Field. Stay here for more Week 11 updates. The Arlington Heights Bears? Here’s what to know about the possible move from Soldier Field. Sign up for alerts on your phone, desktop and inbox to stay current with the latest news Sign up for our sports newsletter, delivered daily each morning Justin Fields injured in the 3rd quarter Bears quarterback Justin Fields went to the locker room with a rib injury early in the third quarter. After Fields was taken down on a 6-yard run to end the Bears’ first drive of the third quarter, he spoke with medical staff on the sideline and then went to the injury tent. After spending a couple of minutes in the tent, he walked on his own to the locker room. Bears backup Andy Dalton went in at quarterback on the next drive. In two plays with...
    New York (CNN Business)Chipotle is testing pollo asado in two US cities, marking the first time in nearly 30 years the chain has experimented with a new chicken recipe.The limited-time offering launched Tuesday in 95 restaurants across Cincinnati, Ohio, and Sacramento, California. In a statement, Chipotle said the chicken is seasoned with a dry rub of several spices, including cumin and guajillo peppers, then seared on the grill and finished with garlic, chili peppers and fresh-squeezed lime. Chicken is a "top protein choice" among its customers, according to Chris Brandt, Chipotle's chief marketing officer. He said that the pollo asado option is "another perfect complement" to its current chicken selection, which includes adobo-flavored chicken. Chipotle is testing pollo asado in Cincinnati and Sacramento.Similar to other new menu items, Chipotle is using its trusted "stage-gate process" to test the pollo asado before taking it nationwide. The most recent menu item the chain tested using this process was a plant-based chorizo at locations in Denver and Indianapolis. Other offerings that started in a few US cities before expanding nationwide include riced...
    Welcome to the Bay Area News Group (Mercury News & East Bay Times) roundup of the best action in high school football from the ninth weekend of the fall season. Check back every Saturday for scores, highlights and top performers from the weekend’s games, updated throughout the day. Ranked teams No. 1 Serra 36, Sacred Heart Cathedral 7 Serra cleared its final hurdle on the way to a Nov. 6 showdown at home against St. Francis for the West Catholic Athletic League championship. Playing on the road Thursday night against upset-minded Sacred Heart Cathedral, running back Petelo Gi and quarterback Dominique Lampkin provided all the scoring Serra needed when Gi crossed the goal line on a 5-yard run and Lampkin followed with a two-point conversion in the first quarter. A long touchdown pass from Lampkin to Sione Laulea made it 14-0 in the second quarter, and Padres added another touchdown and two-point conversion before halftime to make it 22-0. Gi scored on a 44-yard run in the third quarter and Lampkin ran in from 7 yards out in the...
    Chicago Bears rookie quarterback Justin Fields threw three interceptions and committed five turnovers in a disastrous 38-3 loss to the Tampa Bay Buccaneers on Sunday at Raymond James Stadium. A year after the Bears upset the Bucs when Tom Brady lost track of downs on the final drive, the Bears were the ones who left the rematch against the defending Super Bowl champions embarrassed. The Bucs jumped to a 21-0 first-quarter lead and were up 35-3 by halftime. Brady threw four touchdown passes in the first half — including three to wide receiver Mike Evans — and the Bucs’ official Twitter account tweeted the infamous photo of Brady holding up four fingers in the 2020 game in jest. The Bears placed right tackle Elijah Wilkinson on the reserve/COVID-19 list Sunday afternoon — the fifth player to go on the list in 11 days — and started Lachavious Simmons in his place. Simmons was badly overmatched by the Bucs pressure, contributing to the interception Fields threw to Dee Delaney and the fumbles forced by Shaquil Barrett and Jason Pierre-Paul. The Bears...
    Orlando Bloom Decorates Daughter Daisy Doves Bedroom in Flowers: Dad of the Year Texas man charged with murder after shooting someone in a car outside his home. He told police it was self-defense © Provided by CBS Sports Houston Rockets guard Jalen Green, who went No. 2 overall in the 2021 NBA Draft, is one of the favorites to win Rookie of the Year this season because he has the potential to be a terrific scorer. On Sunday night, in just his third game in the league, he put his skills on full display. Though the Rockets lost to the Boston Celtics, 107-97, it was no fault of Green's. He went for 30 points on 11 of 18 from the field, and added four rebounds, three assists and two blocks in what was by far the best game of his young career. Green was most impressive from the outside, as he knocked down eight 3-pointers to write his name in the record books.  He became the first teenager with a 30 point game in Rockets history and also set...
    Blake Lively trolls husband Ryan Reynolds after he announces sabbatical, more news 22 Side Gigs That Can Make You Richer Than a Full-Time Job © Provided by NBC Sports Replay Video SETTINGS OFF HD HQ SD LO Skip Ad Browns quarterback Baker Mayfield has been playing with a partially-torn labrum in his left shoulder and that may have have become a bigger issue in the third quarter of Sunday’s game against the Cardinals. Mayfield was sacked by Arizona defensive lineman J.J. Watt on second-and-13 from the Arizona 45, and Mayfield landed awkwardly on his left shoulder when he fell to the ground — fumbling in the process. Mayfield was in some clear immediate distress on the field. The quarterback was examined in the sideline medical tent before grabbing a football, taking some snaps, and taking some throws. The Browns announced his return as probable and he was back for the next drive with 2:48 left in the third quarter. Receiver Odell Beckham Jr. also  left the game in the second quarter with a shoulder injury, but has also returned...
    Welcome to the Bay Area News Group (Mercury News & East Bay Times) roundup of the best action in high school football from the second weekend of the fall season. Check back every Saturday for scores, highlights and top performers from the weekend’s games, updated throughout the day. Ranked teams No. 8 Bellarmine 42, Mitty 28 Bellarmine broke open a close game with three fourth-quarter touchdowns. The game was tied 14-14 at the half, then Bellarmine (5-1, 2-1 West Catholic Athletic League) finally grabbed its first lead when quarterback Wade Smith threw a 17-yard TD pass to 6-foot-3, 240-pound tight end Brody Stratz. A Mitty field goal made it 21-17 at the end of three quarters, but touchdown tosses by Smith to Stratz and Ben Pfaff made it 35-17 with 7:55 left. Smith finished the night with three TD passes. Pfaff scored three touchdowns, his first two coming on runs in the opening half. Junior linebacker Brandon Broch had a huge game for the Bells, intercepting a pass that set up their game-tying touchdown in the second quarter, then...
    In this article PEP PG KO Hugh JohnstonDavid A. Grogan | CNBCPepsiCo CFO Hugh Johnston is expecting another round of price hikes on the company's snacks and beverages early next year. "I expect we'll probably see a little bit more pricing increases in the first quarter of next year as we deal with the fact that input costs are just higher," said Johnston on CNBC's "Squawk Box" on Tuesday. "That's just the reality for us and everybody else." This summer, and into the fall, Pepsi's drink prices have been rising, while its snack prices are starting to climb now, according to Johnston. Other consumer packaged goods companies, like Procter & Gamble and Pepsi's rival Coca-Cola, have also been hiking prices this year to offset the blow from higher costs, which are eating into profits. Like all food and beverage giants, Pepsi buys the commodities and materials it needs months in advance. But those contracts don't help the company escape inflation. "The forward buying can only do so much for us. What it does is buy us about six to...
    By: KDKA-TV News Staff GREEN BAY (KDKA) – The Steelers broke their streak of not scoring a first-quarter touchdown on Sunday when Ben Roethlisberger and Diontae Johnson connected for a 45-yard score. READ MORE: Police Report Says Pennsylvania Candidate For Governor Was Sideswiped In Fatal Motorcycle CrashHowever, the touchdown was a historical milestone for the Steelers’ quarterback. It was Ben’s 400th NFL touchdown. READ MORE: State Police Ask For Help Finding Missing Man Maxwell James LesterRoethlisberger joins Tom Brady, Drew Brees, Peyton Manning, Brett Favre, Philip Rivers, Dan Marino, and Aaron Rodgers as the only quarterbacks in the history of the NFL to throw 400 touchdowns in their careers. Taking his place in history. pic.twitter.com/TP901EsGu8 — Pittsburgh Steelers (@steelers) October 3, 2021 Ben’s first NFL touchdown took place on September 19, 2004, against the Ravens in Baltimore when he found Antwan Randel El to get the Steelers on the board. The team that season went on to win 14 straight games after Ben came off the bench and took over for former quarterback Tommy...
    Dak Prescott was impressive in the Dallas Cowboys’ narrow 31-29 loss to the Tampa Bay Buccaneers on Thursday night. In his first game back from a gruesome ankle injury suffered in Week 5 of the 2020 season, he was 42-for-58 with 403 passing yards, three touchdowns and an interception. He threw his first touchdown pass since Week 4 of the 2020 season – about 340 days went by between passes. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM "You can be great and come up short, right? That's what tonight was," Prescott said, via the team’s website. "It was a great effort, but we came up short. We want to be the best, and the best is simply being better than the other guys – day in, day out, being the best in the league."Dallas Cowboys quarterback Dak Prescott (4) throws a pass against the Tampa Bay Buccaneers during the first half of an NFL football game Thursday, Sept. 9, 2021, in Tampa, Fla. (AP Photo/Scott Audette) Dallas Cowboys quarterback Dak Prescott (4) throws a pass against the...
    Prince Charless Former Close Aide Steps Down Amid Official Honors Claims Ryanair Ends Talks for Follow-On Boeing Max Order Over Price PASADENA, Calif. — Former LSU defensive coordinator Bo Pelini can't be blamed for the No. 13 Tigers' 38-27 loss in the season opener to UCLA on Saturday night in front of 68,123 at the Rose Bowl. Five college football coaches are on the hottest seats for the 2021 season USA TODAY SPORTS See more videos SHARE SHARE TWEET SHARE EMAIL What to watch next Health care workers honored at Texas Longhorns game KVUE-TV Austin Bulldog Breakdown: Cam Worrell is back from Autzen Stadium ABC 30 Fresno Bulldog Breakdown: Kalen DeBoer looks back on game against Ducks ABC 30 Fresno Hometown Seminoles appreciate the chance to play for Florida State WTXL Tallahassee, FL FSU QB McKenzie Milton Makes His College Football Return ACC Digital Network Robert Spears-Jennings interview-highlights All Sooners on FanNation QB Jack Coan Sets Notre Dame Record In Irish Debut ACC Digital Network ...
    The number of Americans applying for unemployment benefits rose for the first time in five weeks even though the economy and job market have been recovering briskly from the coronavirus pandemic.  Initial claims for state unemployment benefits increased 4,000 to a seasonally adjusted 353,000 for the week ended August 21, the Labor Department said on Thursday. The weekly count has fallen more or less steadily since topping 900,000 in early January as the rollout of COVID-19 vaccines has helped the economy - and companies are clinging to their workers amid a labor shortage, with a record 10.1 million job openings as of the end of June. But a resurgence of cases linked to the highly contagious Delta variant has clouded the economic outlook. And claims remain high by historic standards: Before the pandemic tore through the economy in March 2020, the weekly pace amounted to around 220,000 a week.   Initial claims for state unemployment benefits increased 4,000 to a seasonally adjusted 353,000 for the week ended August 21 A Wendy's restaurant displays a "Now Hiring" sign in Tampa,...
    Selena Gomez Clarifies Her Feelings About Disney Channel Past After Backlash Cathie Wood Is More Optimistic Than Pessimistic About China Put this on T-shirts and bumper stickers. Make it a meme that goes viral. Turn it into a PSA and play it on every Jumbotron at every NFL stadium and during the broadcasts of every game. The NFL taunting rules are set up to be a disaster for the league Austin American-Statesman See more videos SHARE SHARE TWEET SHARE EMAIL What to watch next Skip Bayless on Raiders - Rams scrimmage fight: Jon Grudens reaction shocked me; they happen all the time I UNDISPUTED FOXSports Every DeVonta Smith target in NFL debut Preseason Week 2 NFL Raiders vs. Rams highlights Preseason Week 2 NFL Lions vs. Steelers highlights Preseason Week 2 NFL Colts vs. Vikings highlights Preseason Week 2 NFL Aaron Rodgers on Zach Wilson: He can throw the heck out of it NFL Cant-Miss Play: Callaway, have a day! WRs second TD is one-hander...
    Commemorative dogecoins on display in Yichang, China on May 14, 2021.Barcroft Media | Barcroft Media | Getty Images Robinhood said its crypto revenue accounted for more than half of all transaction-based revenue in the second quarter, as retail investors turned to the app for purchases of bitcoin, ethereum and other digital currencies. In its first earnings report since its IPO last month, Robinhood said its revenue from crypto transactions was $233 million, up from $5 million in the year-ago quarter. Crypto accounted for 52% of transaction-based revenue, up from 17% in the first quarter and 4% in the fourth quarter of last year. The company also noted that more than 60% of cumulative net-funded accounts traded crypto in the quarter. "The three months ended June 30, 2021 is the first quarter where a larger share of new customers placed their first trade in crypto rather than equities," Robinhood said in the earnings statement. While Robinhood gained popularity by bringing free stock trading to a new generation of investors, the company has also been a big beneficiary of the surge in cryptocurrency...
    Rio de Janeiro, Aug 4 (.) .- The Brazilian oil company Petrobras obtained in the second quarter of the year a net profit of 42,855 million reais (about 8,241 million dollars), almost 36 times higher than in the first three months of the year (1,167 million reais or 224.4 million dollars), the company reported. The profit in the second quarter allowed the largest company in Brazil to reverse with a wide advantage the losses of 2,713 million reais (521.7 million dollars) registered in the same period of 2020, according to the financial balance sent to the market. The good result allowed the company to accumulate in the first half of the year a profit of 44,022 million reais (8,465.8 million dollars), with which it reversed part of the losses for 51,236 million reais (about 9,853 million dollars) suffered in the first six months of last year, when it was impacted by the economic crisis generated by the covid pandemic. The Brazilian giant’s profits in the second quarter of the year, however, were below those of the last quarter of 2020,...
    Just a few days ago we saw how Xiaomi began to take the lead, ahead of Apple, perhaps momentarily given the summer period, in the ranking of world smartphone sales, only behind Samsumg. However, it seems that the Chinese company is on an unstoppable momentum, achieving for the first time in history to overtake the South Korean manufacturer within Europe, currently rising to the top spot. As shared by Strategy Analytics, in the last period Xiaomi would have managed to reach the record number of more than 12.7 million units shipped within Europe alone, adding a total market share of 25.3%. And is that although Samsung managed to stay in a figure close to 12 million smartphones, its 24% share has relegated it for the first time behind the Chinese manufacturer, still in second place. Delving into Xiaomi’s figures, we see that its year-on-year growth in Europe is impressive, increasing 67.1% compared to the same period of the previous year, a clear difference from the -7% drop experienced by Samsumg. Even if the other two Chinese companies also saw a...
    The United States did not miss their appointment with the semifinals after having swept Australia (55-79) from the court in a game in which the best basketball team on the planet found its best version in the Games after the doubts offered in the first phase. With hardly any friendlies to prepare and with a group stage shorter than usual, the North American team played with the handbrake on and without developing their best basketball, which gave wings to teams like France that were about to give a scare. to this true Dream Team. However, in the first life-and-death game, the team coached by Dawn Staley brought out their most overwhelming version and from the start left this lame Australia without Liz Cambage without options. An absence that both Breanna Stewart and Britnney Griner took advantage of to roam freely on the track and impose their law with 23 and 15 points respectively. With 12-26 of the first quarter and 27-48 of the halftime, the North American coach Dawn Staley can distribute minutes and physical loads in a...
    NBI Bearings, a company specialized in the design, manufacture and commercialization of precision bearings, presents the advance of results for the first half of the year, exceeding revenues by 143.5% compared to the same period of fiscal year 2020, reaching 11.5 millions of euros. Likewise, accumulated income has increased by 107% compared to the previous year. Without considering the contribution from Turnatorie Iberica (acquired in October 2020) the increase would have reached 29.3%. The trend observed during the fourth quarter of 2020 and the first quarter of 2021 continues. According to the announcement in BME Growth published by the company, there is a slow and gradual recovery in demand. However, uncertainty remains high. Caution against the impact on the market of possible new waves of the pandemic and delays in vaccination The bearing unit has increased its revenues by 43.7% compared to the same period of the previous year, despite the fact that the contribution of the Oquendo plant is being irrelevant to date. Likewise, production has been severely slowed down mainly due to two causes, on the one...
    The U.S. lost its first two exhibition games of the summer in Las Vegas, dropped its opening game at these Olympics and had a difficult time shaking free of the Czech Republic in their group-play finale. None of that matters now. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM The Americans are headed to the quarterfinals at the Tokyo Games — with a shot of being good as gold once again. Jayson Tatum scored 27 points, Kevin Durant added 23 and set a pair of USA Basketball men's Olympic records, and the U.S. defeated the Czechs 119-84 on Saturday to clinch a berth in the knockout stage. "I think our guys really focused well and did a good job in gaining ground, day by day, practice by practice," U.S. coach Gregg Popovich said. "Hopefully we'll continue that moving forward. We have to if we want to be successful." Zach LaVine scored 13 points, Jrue Holiday had 11 and JaVale McGee finished with 10 points for the U.S. The Americans shot 7 for 20 in the first quarter — then made...
    New York, Jul 29 (.) .- Amazon continues to benefit from covid-19 and doubled its benefits during the first half of this year, but for the first time since the start of the pandemic, its turnover was below expectations. in a sign that your blazing business growth may be starting to slow down. The electronic commerce giant earned 15,885 million dollars until June, 104% more than in the same period of 2020, and improved its income by almost 35%, to 221,598 million, as announced this Thursday. It did so thanks to significant increases in both its sales of products and its services, among which its cloud computing technology stands out, one of the most powerful on the market. Amazon is one of the companies that have profited the most since the beginning of the pandemic, thanks to the impulse of internet commerce – where it is the undisputed leader – and the growth of online activities. “Over the past 18 months our consumer business has had to supply an unprecedented number of products, including personal protective equipment, food and other...
    07/29/2021 at 3:52 PM CEST Spain is already in the quarterfinals after adding a convincing second victory in the Games against Argentina (81-71) and the first place in the group will be played on Sunday against the Slovenia of the genius Luka Doncic … although it may not be so appropriate to be first considering that the United States will not be. ESP ARG SPAIN, 81 (20 + 20 + 21 + 20): Ricky Rubio (26), Alberto Abalde, Rudy Fernández (8), Víctor Claver (9), Marc Gasol (2) -starting five-, Pau Gasol (9), Sergio Rodríguez ( 6), Sergio Llull (10), Usman Garuba, Àlex Abrines (3) and Willy Hernangómez (8). ARGENTINA, 71 (25 + 9 + 19 + 18): Facundo Campazzo (10), Nicolás Laprovittola (27), Patricio Garino, Marcos Delia (2), Luis Scola (13) -five starting-, Nicolás Brussino (8), Luca Vildoza ( 5), Gabriel Deck (2), Leandro Bolmaro (2), Tayavek Gallizzi, Juan Pablo Vaulet (2) and Francisco Caffaro. REFEREES Guilherme Locatelli (Brazil), Ademir Zuparovic (Bosnia and Herzegovina) and Omar Bermúdez (Mexico). They eliminated...
    The New York Stock Exchange welcomes FREYR Battery (NYSE: FREY), on July 8, 2021, in celebration of its Listing.NYSE Global IPO activity had its hottest second quarter for 20 years by volumes and proceeds, with momentum set to continue for the remainder of the year, according to a new report from EY. Amid strong global stock market momentum and ample liquidity, traditional IPOs came back to the fore in the second quarter after the first was dominated by SPACs, the British professional services giant found. Throughout the first half of 2021, there were 1,070 IPOs raising a total of $222 billion in proceeds, respective annual increases of 150% and 215%. "IPO-bound companies wanting to take advantage of favorable market sentiment and high liquidity were keen to complete their transactions before an expected mid-year slow-down," Paul Go, global IPO leader at EY, said in the report. "Companies considering an IPO should prepare multi-pronged strategies that demonstrate resilience against geopolitics, the evolving COVID-19 pandemic situation, valuations and governance challenges." SPACs have been a hot topic over the past year, but U.S. SPAC...
    EXCLUSIVE: Republican Sen. Marco Rubio of Florida brought in $4 million during the April-June second quarter of fundraising, his campaign reports.Rubio’s haul, shared first with Fox News on Thursday, is more than double the $1.6 million the senator raised during this year’s January-March first quarter. 2022 SENATE SHOWDOWN IN FLORIDA COULD BECOME MOST EXPENSIVE IN HISTORY Rubio, who was first elected to the Senate in the 2010 Tea Party wave and who grabbed plenty of national attention during his unsuccessful 2016 GOP presidential nomination bid, is gearing up as he runs in the 2022 midterm elections for a third six-year term. Sen. Marco Rubio, R-Fla., speaks during a Senate Appropriations Subcommittee looking into the budget estimates for National Institute of Health (NIH) and the state of medical research, Wednesday, May 26, 2021, on Capitol Hill in Washington. (Sarah Silbiger/Pool via AP) Rubio’s second quarter fundraising is more than any GOP Senate incumbent raised during the second quarter of 2019, the similar time period during the previous election cycle, his campaign pointed out. And it’s roughly $1 million more...
    Anh Taylor, 95, was injured after a man who had just been released from prison stabbed her 'multiple' times in an unprovoked attack in San Francisco An elderly Asian woman was injured after a man who has recently been released from prison stabbed her 'multiple' times in an unprovoked attack in San Francisco. Police officers were called to the scene in the Tenderloin district around 10.15am where they found Anh Taylor, 95, with multiple stabbing wounds, according to San Francisco Police Department. She was treated at the scene in Tenderloin area before being taken to hospital where she underwent surgeries to wounds on her wrist and torso. She was also hit in the head. Taylor is in stable condition, CBS5 reported.  Police arrested Daniel Cauich, 35, for the attack about one and a half hours later after they circulated a photo of him taken from surveillance video. He was wearing an ankle monitor at the time of his arrest.   Authorities also recovered a knife in the area the suspect used to attack Taylor.  Police arrested Daniel Cauich, 34, for...
    WeWork lost more than $2 billion in the first quarter of 2021 thanks to COVID-19 closures and the effects of a settlement deal with ousted CEO Adam Neumann, according to a report Thursday.  The office space-sharing venture had to weather the pandemic, which led to many office staffers working from home. The company lost around 200,000 customers in a year, down to 490,000 by March 2021.  It also settled with Neumann for $500 million, Bloomberg reports.  The loss is nearly four times bigger than what was reported at the same time last year, according to The Financial Times. Quarterly revenues are said to be at $598 million - down nearly 50 per cent from $1.1bn last year.  WeWork and Neumann are yet to comment. WeWork lost more than $2 billion in the first quarter of 2021 thanks to COVID-19 closures and the effects of a settlement deal with ousted CEO Adam Neumann, pictured The office space-sharing venture had to weather the pandemic, which led to many office staffers working from home. The company lost around 200,000 customers in a year, down to 490,000 by March 2021. It...
    WeWork lost more than $2 billion in the first quarter of 2021 thanks to COVID-19 closures and the effects of a severance deal with ousted CEO Adam Neumann, according to a report Thursday.  The office space-sharing venture had to weather the pandemic, which led to many office staffers working from home. The company lost around 200,000 customers in a year, down to 490,000 by March 2021.  It also settled with Neumann for $500 million, Bloomberg reports.  The loss is nearly four times bigger than what was reported at the same time last year, according to The Financial Times. Quarterly revenues are said to be at $598 million - down nearly 50 per cent from $1.1bn last year.  WeWork and Neumann are yet to comment. WeWork lost more than $2 billion in the first quarter of 2021 thanks to COVID-19 closures and the effects of a severance deal with ousted CEO Adam Neumann, pictured The office space-sharing venture had to weather the pandemic, which led to many office staffers working from home. The company lost around 200,000 customers in a year, down to 490,000 by March 2021. It...
    VIDEO0:5500:55Nasdaq futures fall more than 1% as tech shares come under pressureMorning Report Take a look at some of the biggest movers in the premarket: Target (TGT) – Target earned $3.69 per share for the first quarter, well above the $2.25 a share consensus estimate, with revenue also above analysts' projections. Comparable-store sales surged 22.9%, more than double the forecast of analysts surveyed by FactSet. Target shares jumped 3.8% in premarket trading. Lowe's (LOW) – The home improvement retailer reported profit of $3.21 per share for the first quarter, beating the $2.62 a share consensus estimate. Revenue also topped Wall Street forecasts, and a same-store sales increase of 24.4% beat the FactSet consensus forecast of a 20.3% rise. Despite the beat, Lowe's shares fell 2% in the premarket. Take-Two Interactive (TTWO) – Take-Two earned 94 cents per share for its fiscal fourth quarter, beating the consensus estimate of 67 cents a share. The video game maker's revenue also beat forecasts, as it continued to benefit from the pandemic-induced increase in video game activity. Take-Two gave a lighter-than-expected forecast, however, as...
    VIDEO0:5400:54Stocks set to add to Thursday's gains at the openMorning Report Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming service fell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts' forecasts. DoorDash (DASH) – DoorDash surged 8.2% in the premarket after first-quarter revenue came in above analysts' forecasts, and the food delivery service raised its annual forecast for order value. First-quarter results got a boost from stimulus checks, although the company said those same checks were responsible for drivers working fewer hours. Snowflake (SNOW) – The cloud computing company was upgraded to "buy" from "neutral" at Goldman Sachs, which notes the Snowflake's strong competitive position, as well as a drop from recent highs that is much larger than its peers have experienced. Snowflake jumped 5.7% in premarket trading. Airbnb (ABNB) – Airbnb posted a first-quarter loss, but it also reported better-than-expected revenue as well a 52% jump in...
    THE Masked Singer eliminated the Russian Dolls tonight and revealed the Hanson brothers to be under the costume as the show’s first ever trio.  All season long, Zac, Isaac and Taylor Hanson have both shocked and confused the judges by performing in various quantities and sizes on stage.  7The Russian Dolls were revealed to be Zac, Isaac and Taylor Hanson 7The Hanson brothers skyrocketed to fame as teens and pre-teens with their smash MMMBOPCredit: Getty 7After beginning the family band in 1992, they became a global sensation in 1997 with their debut singleCredit: Getty - Contributor On Wednesday, the top five got narrowed down to just the final four in The Masked Singer quarter finals.  The Russian Dolls rocked out to an energetic rendition of Elton John’s hit, I’m Still Standing.  One of the performers even played the piano while wearing the limiting costume - with all three wearing pairs of sunglasses that resemble Elton’s signature look.  The superstar panelists were impressed with the group’s vocal efforts however, it wasn’t enough to save the talented trio.  As host Nick Cannon...
    VIDEO0:5500:55Wall Street set for lower open after Tuesday's lossesMorning Report Take a look at some of the biggest movers in the premarket: Amazon.com (AMZN) – A European Union court ruled in Amazon's favor in a $303 million tax case, scrapping an EU mandate that Amazon pay back taxes to Luxembourg. The court rejected the contention that Amazon had received an unfairly favorable tax deal. Wendy's (WEN) – Wendy's shares jumped 4.2% in premarket trading after it beat estimates on the top and bottom lines, as well as reporting better-than-expected comparable-restaurant sales for its latest quarter. Wendy's also raised its full-year outlook, boosted its dividend, and increased its share repurchase plan. fuboTV (FUBO) – FuboTV shares soared 22.5% in the premarket after the provider of streaming sports programming reported better-than-expected quarterly revenue and raised its full-year outlook. It reported a first quarter loss of 59 cents per share, wider than the 46 cents a share loss that Wall Street analysts had expected. Wolverine World Wide (WWW) – The footwear and apparel maker matched estimates, with quarterly earnings of 40 cents per...
    In this article GLE-FRA logo outside a Societe Generale SA bank branch in Paris, France.Bloomberg | Bloomberg | Getty ImagesLONDON — French bank Societe Generale reported a "record" quarter for its trading division, helping it beat analyst expectations for the first three months of 2021. Net income for the first quarter came in at 814 million euros ($977 million), the lender said Thursday. Analysts were expecting a net income of 204 million euros. Societe Generale got a significant boost from its Global Markets division, where revenues hit 1.65 million euros and the level of activity was the highest since the first quarter of 2017. Revenues from fixed income and currency activities were up by 51% from the previous quarter. In the equity business, revenue jumped 44%. "The Equity businesses enjoyed their best quarter since 2015, with a remarkable performance in each of the regions, all activities having benefited from the good market conditions," the bank said in its release. Frédéric Oudéa, CEO of the Bank, added in a statement: "From a commercial and financial viewpoint, the sharp rebound...
    A Fidelity Investments location in New York.Scott Mlyn | CNBC Retail investors flocked to Fidelity during the first three months of the year, as the brokerage giant added millions of new clients. Fidelity Investments added 4.1 million new accounts in the first quarter of 2021, up nearly 160% from the first quarter of 2020. The firm is also raking in members of the new generation of retail investors. Of the new clients, 1.6 million were opened by retail investors 35 years old and younger, an increase of more than 222% from a year prior. Daily average trades came in at 3.5 million, up nearly 60% from a year prior. "Strong markets mixed with high levels of customer engagement resulted in record account growth, trade, and call volume across all of our major businesses," Fidelity said in a statement. In January, the major brokers were embroiled in an epic short squeeze in GameStop, which was partially fueled by Reddit-driven retail investors. The trading mania drove millions of new retail investors into the market on platforms like Fidelity, Schwab, Robinhood and Interactive Brokers.  Fidelity...
    VIDEO2:5602:56U.S. futures point to a higher open as stocks seek rebound after sell-offSquawk Box Take a look at some of the biggest movers in the premarket: General Motors (GM) – The automaker earned $2.25 per share for the first quarter, compared to a consensus estimate of $1.04 a share, though revenue was very slightly below forecasts. GM said its results were helped by strong auto pricing as well as solid credit performance at GM Financial. GM shares rose 3.5% in premarket trading. Lyft (LYFT) – Lyft lost 35 cents per share during the first quarter, but the ride-hailing company's loss was smaller than the 53 cents a share that analysts were anticipating. Revenue exceeded forecasts, as did the number of active riders during the quarter. Its shares rallied 5.7% in premarket trading. Match Group (MTCH) – Match Group jumped 6.2% in the premarket after it beat estimates by 17 cents a share, with first-quarter earnings of 57 cents per share. The operator of Tinder and other dating services also reported revenue above analysts' forecasts and Match Group gave strong current-quarter...
    Pavlo Gonchar | LightRocket | Getty Images Robinhood raked in a record amount of revenue from customer trades in the first quarter of 2021, as the retail trading juggernaut nears its public debut. The millennial-favored stock-trading app collected $331 million in payment for order flow – the money brokerage firms receive for directing clients' trades to market makers – in the first quarter of 2021, according to a recent Securities and Exchange Commission regulatory filing. This compares to the $221 million Robinhood earned from payment for order flow in the fourth quarter of 2020 and the $91 million earned in the first quarter of 2020. Robinhood and others in the online brokerage industry rely on what's known as payment for order flow as a source of revenue in lieu of commissions. The pioneer of "free trading," Robinhood's business model hinges on the back-end payments, in the absence of commissions.  Market makers, such as Citadel Securities or Virtu, pay e-brokers like Robinhood for the right to execute customer trades. The broker receives a small fee for the shares that are routed, which...
    London (CNN Business)Europe fell deeper into recession in the first three months of the year, but the region's economy is already turning a corner and looks set to bounce back as coronavirus restrictions ease.EU GDP contracted by 0.4% between January and March, compared with the previous quarter, statistics agency Eurostat said in a statement on Friday. The economy shrank 1.7% when compared with the same quarter in 2020.The decline follows a contraction in the fourth quarter of last year, when governments reimposed lockdowns to respond to spikes in coronavirus cases and deaths. Many restrictions remained in place during the early months of 2021, weighing on the economy. Europe is lagging the United States and United Kingdom in recovering from the pandemic because problems with the supply of vaccines have made it difficult for policymakers to plot clear paths out of lockdowns. Relatively smaller government stimulus packages and a heavy reliance on tourism have also been a drag on activity.But the European economy is beginning to show signs of life and experts expect a strong rebound as the vaccine rollout accelerates...
    People walk past the closed iconic brasserie Les Deux MagotsLUDOVIC MARIN | AFP | Getty Images LONDON — The euro zone economy contracted in the first quarter of 2021, as countries implemented new lockdowns and restrictions amid a third wave of coronavirus infections. Gross domestic product (GDP) in the region fell by 0.6% quarter-on-quarter, according to preliminary data released by Europe's statistics office Eurostat. Most of the region's largest economies — Germany, Italy and Spain — all saw a decline in activity during the first three months of the year.French surpriseFrance was the exception, with Europe's second-largest economy posting better-than-expected growth of 0.4% in the first quarter. Though the French economy remains below its pre-Covid levels, the growth numbers will bring some reassurance going into the second quarter. French President Emmanuel Macron announced earlier this week an easing of measures going forward, with cafes, bars and restaurants able to offer service outdoors from May 19 — which could help the economic recovery.Contractions elsewhereHowever, in Germany, the economy contracted 1.7% over the same period. It's worse than the 1.5% decline that...
    A sign hangs above an entrance to a branch of Barclays Plc bank in the City of London, U.K.Bloomberg | Bloomberg | Getty Images LONDON — Barclays on Friday reported first-quarter net profit of £1.7 billion ($2.37 billion), helped by a rebound in equity trading and investment banking. The British bank also said credit impairment charges had fallen "significantly" to £100 million, down from £2.1 billion in the first quarter of 2020. Analysts had expected net income to come in at £1.3 billion for the first three months of the year, according to Refinitiv. The British bank posted net income of £220 million for the fourth quarter of 2020. Shares of Barclays are up about 31% since the start of the year. This is a developing news story and will be updated shortly.
    New York (CNN Business)Amazon's profits more than tripled in the first quarter of 2021, as the pandemic continued to boost its online retail, cloud and advertising businesses. The tech giant on Thursday reported a whopping $8.1 billion in quarterly net income, up 224% from the same period in the prior year, crushing Wall Street analysts' prediction of $4.98 billion. Earnings hit $15.79 per diluted share. Total net sales from the quarter grew 44% from the year-ago period to $108.5 billion, also beating the $104.5 billion analysts had projected. Amazon (AMZN) shares spiked as much as 4% in after-hours trading. "Amazon has the almost perfect business for the world right now," James Harris, global chief strategy officer at Mindshare Worldwide, said in an email following the report. "The world's leading e-commerce platform, a growing cloud business and a smaller but growing advertising capability all working in unison. It's a compelling offer."Read MoreThe company's cloud unit and biggest money maker, Amazon Web Services, posted net sales of $13.5 billion during the quarter, up 32% year-over-year. That's an acceleration in growth from the...
    The U.S. economy grew at a brisk 6.4% annual rate last quarter, powered by consumers, government aid and declining coronavirus cases. The nation's gross domestic product — the total output of goods and services — accelerated in the January-March quarter from a 4.3% annual gain in the final quarter of 2020, the Commerce Department said on Thursday. The increases were led by growing spending on durable goods, especially vehicles and at restaurants and bars. "In early 2021, the U.S. economy was served a strong cocktail of improving health conditions and rapid vaccinations, along with a fizzy dose of fiscal stimulus and a steady flow of monetary policy support," analysts with Oxford Economics said in a note. Biggest quarterly jump since 2003Excluding the quarter immediately following the coronavirus crash last summer, this is the fastest rate of economic growth since the third quarter of 2003, according to the Federal Reserve Bank of St. Louis. Analysts expect growth in the current quarter to be faster still, potentially reaching a 10% annual pace or more. That is likely to be led...
    Economic activity boomed to start 2021, as widespread vaccinations and more fuel from government spending helped get the U.S. closer to where it was before the Covid-19 pandemic struck. Gross domestic product, the sum of all goods and services produced in the U.S. economy, jumped 6.4% for the first three months of the year on an annualized basis. Outside of the reopening-fueled third-quarter surge last year, it was the best period for GDP since the third quarter of 2003. Economists surveyed by Dow Jones had been looking for a 6.5% increase. Q4 of 2020 accelerated at a 4.3% pace. The latest numbers reflect an economy that has made major strides since the 2020 lockdown that sent more than 22 million American workers to the unemployment line and saw GDP plunge an unprecedented 31.4% in Q2 of 2020. That was followed by a rebound of 33.4% in Q3. However, the Bureau of Economic Research still has not declared an end to the recession as GDP in total dollars has not passed its previous peak. While about 14 million have returned to...
    (CNN Business)Google had a characteristically strong start to 2021, kicking off a big week for tech earnings as the industry starts to look ahead to a post-pandemic economy. The search giant's parent company, Alphabet, reported revenues of $55.3 billion for the first three months of the year — a 34% jump from the same period last year — and made close to $18 billion in profit, comfortably blowing past analyst estimates. The company's stock jumped nearly 4% in after-hours trading on Tuesday."Over the last year, people have turned to Google (GOOG) Search and many online services to stay informed, connected and entertained," Google and Alphabet CEO Sundar Pichai said in a statement Wednesday.Google's cloud business, which the company has increasingly leaned on to diversify from its core advertising revenue, trimmed its losses to $974 million from $1.7 billion in the same quarter last year. Revenue from cloud increased 46% year over year, to $4 billion."Our Cloud services are helping businesses, big and small, accelerate their digital transformations," Pichai added.Read MoreWith the vaccination rollout around the United States in full swing...
    More On: tesla Tesla beats quarterly revenue expectations on strong deliveries Saturday Night Livid: Elon Musk’s upcoming ‘SNL’ hosting gig causes outrage among stars Consumer Reports says it proved that a Tesla can operate with no one in driver’s seat Tesla apologizes for handling of customer complaint in China Tesla’s foray into the cryptocurrency market made it quite a bit of coin, the company announced. The electric carmaker’s first-quarter earnings released late Monday revealed that it sold some of the $1.5 billion worth of bitcoin that it purchased in February, giving the company a $101 million bump in profit. That’s no small lump of cash, considering it makes up nearly one-fourth of the company’s $438 million in profit, Tesla’s biggest ever. On a conference call with analysts, Chief Financial Officer Zach Kirkhorn elaborated on the company’s interest in the cryptocurrency and said Tesla intends to hold the digital token over the long-term, despite its recent sale. The company still has about $1.3 million in bitcoin.  “Elon and I were looking for a place to store cash that wasn’t being immediately used, trying...
    Minnesota Timberwolves rookie Anthony Edwards points to the reason why the team has performed better in the fourth quarter throughout the season. The Minnesota Timberwolves are well out of a playoff spot, but they are embracing the role of spoiler. That was evident on Saturday, when the Timberwolves defeated the first-place Utah Jazz 101-96. Plenty of credit comes from their effort in the fourth quarter, where the Timberwolves limited the Jazz to 22 points (7-of-16 from the field). Following the win, Timberwolves rookie Anthony Edwards was asked about how the team has improved in the fourth quarter of the season. Edwards pointed to one reason as to why that is the case — he was on the bench at the start of the season. Asked Anthony Edwards why the Timberwolves have been playing better in 4th quarters recently compared to the beginning of the season. His answer: "I was on the bench back then." — Dane Moore (@DaneMooreNBA) April 25, 2021 Anthony Edwards credits getting off bench for Timberwolves’ fourth quarter improvementsEdwards is honest and to the point, you have...
    Lobbyist Jeff Ricchetti, the brother of President BidenJoe BidenBiden overruled Blinken, top officials on initial refugee cap decision: report Suicide bombing hits Afghan security forces Jim Jordan, Val Demings get in shouting match about police during hearing MORE’s counselor Steve RicchettiSteve RicchettiWhite House meets little resistance in hiring former lobbyists Biden expands on Obama ethics pledge Brother of Biden adviser Ricchetti hired as lobbyist at Amazon MORE, lobbied the Executive Office of the President (EOP) for health care clients during the first quarter of the year. Lobbying Disclosure Act (LDA) reports showed that Ricchetti lobbied the EOP, as well as the Department of Health and Human Services, between January and March. He also lobbied other agencies and the House and Senate.  Ricchetti, through his firm Ricchetti Incorporated, was registered to lobby EOP for Vaxart Inc., Glaxosmithkline, Inc., and Horizon Therapeutics USA, Inc.  Vaxart, a biotechnology company focused on oral vaccines, hired Ricchetti to lobby for policies on “oral vaccine development and funding,” according to disclosures. It paid Ricchetti $80,000 for the first quarter of 2021.  Pharmaceutical giant GlaxoSmithKline hired him...
    China's economy grew by a record 18.3 per cent in the first quarter of this year compared to 2020 as the country which sickened the world with Covid bounces back fastest from the pandemic. The figure was ever-so slightly lower than predictions, some of which forecast growth over 20 per cent, but still represents the largest jump in GDP since Beijing started keeping records in 1992. It means China's economic recovery is continuing to gather pace after becoming virtually the only major economy to grow at all in 2020, as other world leaders were crippled by the effects of repeated lockdowns.  China's economy grew by a record 18.3 per cent in the first quarter of this year compared with the first quarter of 2020, new figures out of Beijing this morning showed China was the only major world economy to report growth in 2020, with others crippled by the effects of Covid lockdowns  Analysts caution that the growth being reported today is not quite as impressive as it at-first seems, benefitting from a comparison to the same quarter...
    Hong Kong (CNN Business)China just reported its strongest quarterly growth in nearly three decades. The world's second largest economy grew 18.3% in the first quarter of 2021 compared to a year earlier, according to government statistics released Friday. That's the best quarterly growth since 1992, when China started publishing such figures. The surge is mainly because of a low base effect, as China had shut down large swaths of its economy in early 2020 to contain the coronavirus outbreak. On a quarterly basis, the Chinese economy grew only 0.6% in the January-to-March period, according to the government. In the fourth quarter of 2020, the economy had expanded 6.5%.Still, the growth figures indicate that China's economic recovery continues to gather steam.The world's second largest economy has performed well relative to the rest of the globe. China was the only major economy to record growth in 2020, expanding 2.3% as many countries struggled to contain the coronavirus pandemic. Chinese authorities called last year's performance "better than we had expected."Read MoreEarlier this week, customs statistics showed the country's imports jumped more than 38%...
    People purchase Apple products in the new Apple flagship store on its opening day following an outbreak of the coronavirus disease (COVID-19) in Sanlitun in Beijing, China, July 17, 2020.Thomas Peter | Reuters BEIJING — China reported first-quarter gross domestic product a touch below expectations as industrial production disappointed but retail sales beat. GDP soared 18.3% in the first three months of the year from a year ago, China's National Bureau of Statistics said Friday. That's slightly below expectations of a 19% increase, according to analysts polled by Reuters. The surge in growth comes off a contraction in the first quarter of last year, when the economy shrank by 6.8% during the height of the domestic outbreak of Covid-19. China was the first country to deal with the disease, and the economy returned to growth by the second quarter of last year. GDP expanded 10.3% in the first quarter when compared with the same period in 2019, the statistics bureau said. China also said retail sales rose 34.2% in March, topping expectations of 28% growth. Industrial production rose 14.1% in...
    China's economy likely grew at a record pace in the first quarter of this year and may have expanded more than 20 per cent year-on-year, economists have said. If the data is confirmed - with the National Bureau of Statistics due to report Friday - then it would mark the largest rise since at least 1993, when Chinese records began.  It comes as much of the global economy remains in tatters due to the Covid pandemic which began in Wuhan in 2019, with German economists saying today that their GDP is likely to shrink by 1.8 per cent in the first quarter. A graph showing China's year-on-year GDP growth figures, with Q1 projected to be more than 20 per cent - which would be the highest rise on record Economists believe the Japan and India are also set to see a fall in GDP in the first quarter, with the UK economy also forecast to contract by around 2 per cent in Q1. American GDP is set to grow in the first quarter, according to Morgan Stanley, but only by...
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