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MARKETS LIVE BLOG:

STOCKS EXTEND GAINS; NASDAQ JUMPS AS TREASURY YIELDS SLIDE

Disappointing jobs data appear to make case for monetary policy to stay on hold and interest rates to remain low

Crisis Management

Yahoo Finance Canada presents CRISIS MANAGEMENT, a livestream show on the Canadian economy that builds a crisis playbook during COVID-19 times and beyond.

Latest Stories

  • Tom Holland Almost Performed Britney Spears on Lip Sync Battle Instead of Rihanna's 'Umbrella'

    "Just in case 'Umbrella' didn't go through, we had a backup," costume designer Jeanie Cheek told Insider of Tom Holland's 2017 performance on Lip Sync Battle

  • Michelle Obama Says She Worries About the Racism Sasha and Malia May Face

    "Every time they get in a car by themselves, I worry about what assumption is being made by somebody who doesn't know everything about them," the former first lady said

  • JPMorgan Chase & Co Investor Alert: Investors Who Have Held JPMorgan Chase Stock Continuously Since At Least 2011 Are Encouraged To Contact Kehoe Law Firm, P.C.

    PHILADELPHIA, May 07, 2021 (GLOBE NEWSWIRE) -- Kehoe Law Firm, P.C. is investigating whether certain officers and/or directors of JPMorgan Chase & Co. (“JPMorgan” or the “Company”) (NYSE: JPM) breached their fiduciary duties to JPMorgan and the Company’s shareholders. The investigation concerns whether certain officers and/or directors of JPMorgan, among other things, made false and/or misleading statements about corruption warning risks regarding alleged transfers of hundreds of millions of dollars to a former Nigerian oil minister who, reportedly, had been convicted of money laundering. IF YOU HAVE HELD JPMORGAN STOCK CONTINUOUSLY SINCE AT LEAST 2011 AND WISH TO DISCUSS KEHOE LAW FIRM’S INVESTIGATION OR HAVE QUESTIONS ABOUT YOUR POTENTIAL LEGAL RIGHTS, PLEASE CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, SECURITIES@KEHOELAWFIRM.COM, TO LEARN MORE ABOUT THE INVESTIGATION OR POTENTIAL LEGAL CLAIMS. Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff–side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion dollars on behalf of institutional and individual investors. This notice may constitute attorney advertising.

  • This Mother's Day, San Diego Zoo Elephant Moms Are Using Their Milk to Help Orphan Elephants

    Umngani and Ndulamitsi, two African elephants living at the San Diego Zoo Wildlife Alliance's Safari Park, are providing samples of their milk so scientists can replicate it for orphan elephants

  • Champions League: FA in talks over relocating final as Turkey joins red list

    Champions League: FA in talks over relocating final as Turkey joins red listManchester City and Chelsea fans affected by moveFA in talks with Uefa over bringing final to England Manchester City and Chelsea in action in last month’s FA Cup semi-final. They are due to contest the Champions League final in Istanbul. Photograph: Ben Stansall/Reuters

  • ‘Big Six’ among nine European Super League clubs to commit to UEFA competitions

    The three who have not renounced the Super League – Real Madrid, Barcelona and Juventus – are set to face “appropriate action”.

  • Starmer under pressure after ‘bitterly disappointing’ Hartlepool defeat

    There were contrasting emotions for Boris Johnson and Sir Keir Starmer as Labour lost the Hartlepool by-election.

  • Medici Land Governance Deploys Systematic Titling, Land Administration and Paperless Land Transfer Systems Across Africa to Support Improved Land Governance

    MLG Deploys Systematic Titling, Land Administration and Paperless Land Transfer Systems Across Africa to Support Improved Land Governance

  • New age of austerity: Guardiola, Tuchel and the case for the defence

    New age of austerity: Guardiola, Tuchel and the case for the defence. Despite all their luxury attacking players it is back-to-basics defending that has been key to Manchester City’s and Chelsea’s success this season

  • TVLine Items: A Muppets Halloween, Bravo's Don't Be Tardy Axed and More

    The Muppets are scaring up their first-ever Halloween special: Muppets Haunted Mansion will debut this fall on Disney+. The program takes place on the spooky holiday, during which “Gonzo is challenged to spend one very daring night in the most grim grinning place on Earth… The Haunted Mansion,” per the official synopsis. The special will […]

  • Cuba protests diplomat's expulsion from Colombia amid protests

    Communist-run Cuba called in Colombia's ambassador on Friday to protest the expulsion of one of its diplomats from the Andean country amid a wave of violent protests against its right-wing government. Colombia's foreign ministry had on Thursday accused Omar Rafael García Lazo, the first secretary of Cuba's embassy in Bogota, of breaching the Vienna Convention on diplomatic relations, without adding further details.

  • Voya Supports Innovative Teaching Ideas with $140,000 in Grants; Deadline for Applications is June 1

    Voya Financial today announced that applications are being accepted from educators for the company’s Unsung Heroes grant program.

  • The Marquie Group Enters into Exclusive Licensing and Distribution Deal with Simply Whim, LLC

    ST. PETERSBURG, FL, May 07, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- The Marquie Group, Inc. (OTCMKTS:TMGI) (“The Marquie Group” or the “Company”), announces it has entered into an exclusive licensing and distribution agreement with Simply Whim, LLC. Under terms of the agreement, the Company will be responsible for sales, fulfillment and marketing of Simply Whim’s health and beauty line of products known as "Whim". “The much-anticipated products include facial cleansers and creams targeted primarily toward women, but men like them too,” said the Company’s CEO, Marc Angell, adding, “We’ve received the first shipment of six products and will begin distributing them shortly to Simply Whim’s group of VIP customers, which are those people who previously signed-up at the simplywhim.com website to receive updates and be the first in line to purchase. I’ve been using Whim for several days now and noticed the difference right away. People are going to love Whim!” Angell noted that radio commercials for Whim are currently in production for broadcast on the Company’s Music of Your Life syndicated radio network. The network can be heard at musicofyourlife.com. About The Marquie Group, Inc. The Marquie Group, Inc. is a sales and marketing company with several products under exclusive licensing agreements. The company owns and operates Music of Your Life, the nation's longest-running syndicated music radio network broadcast around the country on terrestrial radio and to a worldwide audience over the Internet. Forward-Looking Statements This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material. Investor and Media InquiriesMarc Angell, CEO800-351-3021

  • RCMP officer, fire chief use climbing gear to rescue dog stuck on ledge in B.C.

    LOGAN LAKE, B.C. — A large dog has many more walks ahead thanks to the actions of an RCMP officer and a volunteer fire chief in British Columbia's southern Interior. Cpl. Jesse O'Donaghey says Chevy, a nearly 40-kilogram, seven-year-old American bulldog terrier cross, was out with her owners near Logan Lake, last Wednesday. She somehow strayed over the edge of a waterfall lookout and became stranded three metres down the 30-metre-deep rocky canyon. A bystander hiked into cell range to call for help and O'Donaghey says Const. Kyle Vanditmars and fire Chief Doug Wilson made the roughly 45-minute trek to reach the scene. The RCMP release says the two men realized Chevy could not safely get off the ledge so they donned climbing and rappelling gear to reach her. The pooch was quickly returned to her waiting family, with no injuries to dog or rescuers. This report by The Canadian Press was first published May 7, 2021. The Canadian Press

  • ‘Feeling optimistic.’ Popular Charlotte music venue plans reopening after year of COVID

    The NoDa site has been closed 15 months. “The good news is for the Charlotte independent music venue scene, we have all survived.”

  • Newfoundland's 'dirty little secret' revealed: Hot Docs 2021 film explores what lurks under the ocean around the province

    There's a "dirty little secret lurking under the ocean of Newfoundland and Labrador" and the documentary, "Hell or Clean Water," tells the story of the one man who is trying to fix it, part of the 2021 Hot Docs festival.

  • Veteran member of N.S. Liberal government resigns, ending party's majority rule

    HALIFAX — A veteran member and former cabinet minister in Nova Scotia's Liberal government announced Friday that she has submitted her resignation, sending the party to minority status in the legislature. In a post to Facebook, Margaret Miller said her resignation from the legislature will take effect June 1. Miller did not give a specific reason for leaving but said her move "does not reflect on my feelings for the party or my hardworking colleagues." She said the message was a hard one for her to deliver. "It's not something I thought I'd ever do, but you all know I'm true to my beliefs and my word, and I believe that's why many of you voted for me," she wrote. An assistant in her East Hants constituency office reached by phone Friday said Miller was declining further comment. Miller's pending departure follows the May 3 retirement of former premier Stephen McNeil and means the Liberals will no longer have a majority in the legislature. Once Miller leaves, two Liberal seats will be vacant, reducing the party to 24 seats in the 51-seat legislature. The Progressive Conservatives have 18, the NDP 5 and there are two Independents. There is no set election date, although Premier Iain Rankin will have to call one by May 30, 2022, when his government's current mandate runs out. A raging COVID-19 outbreak has dampened election speculation, but there is the looming prospect of a fall legislature sitting with the Liberals in a minority position. Lori Turnbull, a political scientist at Dalhousie University, believes the new alignment won't make much of a difference at this point. "I don't think going from a caucus of 25 to 24 in the current circumstances really changes anything about the confidence in the government or the survival of the government," she said in an interview. Turnbull said the fact a government member is leaving for the reasons she stated could prove more challenging for Rankin at a time when he's also trying to deal with a public health crisis. On Thursday, CBC reported that Miller sent an email this week to Rankin's chief of staff, saying she planned to resign from caucus following the hiring of a new director of strategic initiatives in Rankin's office. The report said Miller told Joanne Macrae she was "beyond disappointed" by the hire and saw no other way to express her feelings. Rankin told reporters on Friday that he has seen the email and has asked his chief of staff and the executive director of the Liberal caucus office to look into the matter to ensure "that any allegation at all be dealt with." "Due process needs to be followed to see if there are any formal complaints made previous to that email," he said. "I have been assured that there were no complaints raised before that email was sent into the office." Rankin has said that he has "zero tolerance" for people who don't respect one another. Miller announced in November 2018 that she would not run in the next provincial election and she has been focusing more recently on her husband's poor health. "My family situation is well known and certainly needs my attention and further to that, recent events have dictated that this is the best course of action at this time," she wrote in a resignation letter to legislature Speaker Kevin Murphy. A former president of MADD Canada, Miller was first elected in 2013 and had served in cabinet under McNeil, holding the environment and natural resources portfolios. This report by The Canadian Press was first published May 7, 2021. Keith Doucette, The Canadian Press

  • EMERGING MARKETS-Latam assets rise; EMFX rallies to record high on weak dollar

    * Brazil's retail sales drop far less than expected in March * Latam FX set for best week this year * U.S. jobs growth slows in April; dollar falls (Adds details on EMFX, updates comment) By Ambar Warrick and Shashank Nayar May 7 (Reuters) - Latin American stocks and currencies gained on Friday and were set for large weekly gains as weak U.S. payrolls data pushed the dollar to a more than two-month low, which helped emerging market currencies scale record highs. MSCI's index of Latin American currencies rose 0.9% to a near four-month high and was set for its best week since November. Between a weakening dollar, subdued U.S. Treasury yields, and improving risk sentiment, the MSCI's index of emerging market (EM) currencies surged 0.7% to a record high, even as several countries grapple with a damaging wave of COVID-19 infections.

  • Global SPAC Partners Co. Announces the Separate Trading of its Subunits and Warrants, Commencing May 10, 2021

    New York, New York, May 07, 2021 (GLOBE NEWSWIRE) -- Global SPAC Partners Co. (“Global” or the “Company”) (NASDAQ: GLSPU) announced today that, commencing May 10, 2021, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s subunits and warrants included in the units. Subunits and warrants that are separated will trade on the Nasdaq Capital Market under the symbols “GLSPT” and “GLSPW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into subunits and warrants. Those units not separated will continue to trade on the Nasdaq Capital Market under the symbol “GLSPU.” The subunits will not separate into the Company’s Class A ordinary shares and warrants unless and until the Company consummates an initial business combination. A registration statement relating to these securities was declared effective by the Securities and Exchange Commission (“SEC”) on April 8, 2021. The offering was made only by means of a prospectus, copies of which may be obtained by contacting I-Bankers Securities, Inc., Attn: 535 5th Ave. 4th Fl, New York, NY 10017. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Global SPAC Partners Co. Global is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition in any geography, business industry or sector, it intends to concentrate its efforts on identifying businesses in the Southeast Asia, Middle East and North Africa regions. The Company is led by Chairman - Jayesh “Jay” Chandan, Chief Executive Officer - Bryant B. Edwards, Chief Operating Officer & President - Stephen N. Cannon and Chief Financial Officer - Long Long. FORWARD-LOOKING STATEMENTS This press release contains statements that constitute “forward-looking statements,” which are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Investor Contact: Global SPAC Partners Co. (650) 560-4753 Info@GlobalSPAC.com

  • Jake Ehlinger Honored in Texas Longhorns Tribute Video, Former High School Says 'Our Hearts Are Broken'

    College football player Jake Ehlinger was found dead on Thursday at age 20