Yahoo Finance’s Adam Shapiro and Julie Hyman break down Monday’s trending headlines.
Yahoo Finance’s Adam Shapiro and Julie Hyman break down Monday’s trending headlines.
On the anniversary of the Piss and the Miss, Dan Wetzel, Pete Thamel, and SI’s Pat Forde wanted to take time out of their busy holiday week to once again thank Rebel WR Elijah Moore for his antics before previewing the first Lane Kiffin vs Mike Leach edition of the Egg Bowl. The SEC’s other famous rivalry, the Iron Bowl, also takes place this week. Can Gus Malzahn once again stop the Tide’s playoff hopes? The guys also preview the huge matchups between Notre Dame and North Carolina as well as Iowa State vs Texas. College Basketball is off to a rough start this week as dozens of games are being postponed or canceled due to COVID-19. Will we make it to March Madness? We also have a story that brings The Planet of the Apes movies to life before we wrap with our picks against the spread.
The Smart Healthcare Market will grow by $ 224.86 bn during 2020-2024
Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of JPMorgan Chase & Co. (NYSE: JPM) between February 23, 2016 and September 23, 2020, inclusive (the "Class Period"), of the important December 23, 2020 lead plaintiff deadline in the securities class action first filed by the firm. The lawsuit seeks to recover damages for JPMorgan investors under the federal securities laws.
Want the royal treatment? Try Queen Elizabeth II's newest gin with ingredients from her royal residence's gardens.
Srinagar (Jammu and Kashmir) [India], November 25 (ANI): Kashmir has come up with its own first-of-its-kind podcast that offers a platform to the local youngsters to connect with the world through their talents.
(Bloomberg) -- Oil edged lower after closing at an eight-month high as an industry report showing U.S. stockpiles rose last week took some of the steam out of a rally driven by signs coronavirus vaccines will soon be rolled out.Futures in New York traded near $45 a barrel after the American Petroleum Institute reported crude inventories swelled by 3.8 million barrels, according to people familiar with the data. That would be the third straight week of rising stockpiles if confirmed by government figures due later on Wednesday.Crude surged 4.3% on Tuesday as it was swept up in a broad markets rally after the triggering of a formal transition to U.S. President-elect Joe Biden. The process, which gives investors more certainty about the political situation in the world’s largest economy, pushed the S&P 500 Index to an all-time high.Oil has jumped around 25% this month amid positive results for three Covid-19 vaccines, reclaiming heights not seen since the pandemic devastated global demand in March. Expectations that the OPEC+ alliance will delay adding more barrels to the market have also aided the rally, which has happened even as a resurgent virus prompted more lockdown measures in Europe and the U.S.The optimism is reshaping oil’s forward curves, with two of the most-watched inter-month price spreads moving into backwardation, when near-dated contracts are more expensive that later-dated ones. Global benchmark Brent’s prompt timespread and the so-called WTI red spread -- which measures futures for December of next year to December 2022 -- have both flipped to backwardation this week, a bullish signal that often attracts more flows.See also: Oil Curve Flips Most Bullish in Months After Vaccine RallyIn another negative sign for short-term demand, U.S. gasoline stockpiles also rose last week, by 1.3 million barrels, the API reported. However, distillates and inventories at the storage hub at Cushing fell. Crude stockpiles probably rose by 225,000 barrels last week, according to the median estimate in a Bloomberg survey before the official Energy Information Administration data.While oil prices are rising on vaccine developments, the pandemic’s effects are still being felt by refiners. Total SE said it will halt its Donges refinery in France for several months as it’s currently unprofitable due to weak demand. Several refineries in the U.S. have shut because of the collapse in fuel demand.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
* Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E * Dollar loses out as risk appetite improves * Vaccine, Biden transition boost sentiment * Bitcoin closes in on all-time high By Stanley White TOKYO, Nov 25 (Reuters) - The dollar nursed losses on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a fiscal boost from a new U.S. government triggered a shift of funds from the greenback to riskier assets. The U.S. currency teetered near a two-moth low against the Australian dollar and a two-year low against the New Zealand dollar, both considered barometers of risk sentiment due to their close ties with the global commodities trade. The U.S. dollar's declines are likely to continue because a vaccine and the expected choice of former Federal Reserve Chair Janet Yellen as U.S. President-elect Joe Biden's next Treasury secretary relieve two big uncertainties for investors.
Nearly a year after One Day At A Time settled in at Pop, the beloved sit-com from Gloria Calderón Kellett and Mike Royce is once again in search for a new network home. News about the show’s cancellation on Pop dropped Tuesday, with the stars and creators of the now former Netflix and ex-Pop series […]
EXCLUSIVE: A month after Debra O’Connell was promoted to head of Disney’s Networks Group, she has restructured the division, giving additional responsibilities to two Disney veterans. FX’s Chuck Saftler and Disney Channels’ Sean Cocchia have been handed expanded responsibilities as part of the move, which was outlined in an internal memo this afternoon. Debra O’Connell reports […]
(Bloomberg) -- Dell Technologies Inc. and HP Inc. reported quarterly revenue that topped Wall Street estimates, lifted by customer upgrades of personal computers for remote work and school during the pandemic.Dell’s sales climbed 2.8% to $23.5 billion in the period that ended Oct. 30, the Round Rock, Texas-based company said Tuesday in a statement. Rival HP reported it shipped a record 19 million PCs in its recent quarter, as well as more home printers than it has sold in years. HP also gave a profit forecast for the current period that beat analysts’ projections and said it would raise its quarterly dividend 10%.Michael Dell and HP Chief Executive Officer Enrique Lores are trying to revamp their PC makers into more profitable businesses. Both companies have taken steps to cut operating expenses during the pandemic, and they produced better-than-projected profits in the October quarter. Billionaire Dell is trying to spur more predictable, recurring revenue by letting corporate clients pay for products over time rather than upfront. Lores, meanwhile, is overseeing a corporate restructuring that will result in lower expenses and a smaller workforce.“We are very optimistic about where the company is going to be going during the next quarters and years,” Lores said in an interview.HP shares gained about 5% in extended trading, helped by the company’s announcement that it would boost the quarterly dividend to 19.38 cents a share. Dell’s stock, which has jumped 37% this year, was little changed after closing at $70.33 in New York.HP’s revenue fell about 1% to $15.3 billion in the period that ended Oct. 31, the Palo Alto, California-based company said in a statement. Analysts, on average, expected $14.7 billion, according to data compiled by Bloomberg. Profit, excluding some items, was 62 cents a share in the fourth fiscal quarter, while analysts projected 52 cents.Adjusted profit in the current quarter will be 64 cents to 70 cents a share, HP said. Analysts, on average, estimated 54 cents.Dell’s sales from consumer PCs jumped 14% to $3.5 billion in the fiscal third quarter, the company said. PC sales to business and government clients increased 5.4% to $8.78 billion. Server and networking sales fell 1.8% to $4.16 billion, the seventh consecutive quarter of year-over-year declines for the unit. Executives said they expect continued “soft” data-center spending in the current period. Storage hardware revenue declined 7% to $3.86 billion.“I’m generally pleased with how the business performed,” Dell Chief Financial Officer Tom Sweet said in an interview. “We’ve got to continue to work our way through the uncertain environment. Given our broad, diversified portfolio, we have an ability to drive a consistent stable cash flow, consistent results.”Dell said that it expected revenue in the current period to increase 3% to 4% compared with the third quarter’s.Sales of HP’s Personal Systems, mostly computers, was little changed from a year earlier at $10.4 billion. Revenue from consumers jumped 24% while business sales decreased 12%. Printing revenue declined 3% to $4.8 billion. The company reported a 21% rise in consumer hardware sales and a 22% drop in hardware revenue from businesses.While corporate customers aren’t buying printers with their offices closed or at reduced capacity, Lores said demand from consumers working at home was so strong that HP shipped 12 million printers in the quarter -- the highest number since the corporate split from Hewlett Packard Enterprise Co. in 2015.(Updates with comments from Dell CFO in the ninth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The cabinet-level head of the U.S. Environmental Protection Agency, Andrew Wheeler, has postponed a visit to Taiwan due to "pressing" priorities at home, his agency said on Tuesday, removing a potential source of friction with Beijing. China, which claims the democratic island as its own, reacted with anger to his planned trip, which would have been the third visit by a senior U.S. official since August. "Due to pressing domestic priorities at home, Administrator Wheeler's visit to Taiwan has been postponed," EPA Spokesman James Hewitt said.
States like California, Texas, Michigan, and New York report long food bank lines ahead of Thanksgiving
Optimism around vaccine developments and expectations of a strong bounce in corporate confidence and profitability will push European stocks to near record highs next year, as policymakers look set to keep stimulus flowing. A Reuters poll of 26 fund managers, strategists and brokers surveyed over the past two weeks expects the STOXX 600 to climb to 430 points by the end of 2021, just a whisker below February's record highs, as economic activity returns to normal following the COVID-19 downturn. It also represents a 60% jump from the 268 points low hit in March when lockdowns imposed across the world to limit the pandemic's spread triggered a rush to safety across global markets.
A woman from Georgia says her family's reunion was saved by a man from British Columbia who drove her family to the Alaskan border after they got stranded and appealed for help.Lynn Marchessault began her trip with her two children, two dogs and a cat on Nov. 10 from Georgia to the Alaska border to join her husband, who serves in the U.S. military.She says all was going well until they hit B.C. and got caught in a snowstorm.The family's pickup truck was pulling a U-Haul and did not have the appropriate winter tires to get through the winding, mountainous roads when they stopped at a highway lodge for temporary workers in Pink Mountain, B.C. Marchessault says she began looking for someone passing through the area who could drive them when Gary Bath of Fort St. John stepped up to offer his help.Bath, who is a military veteran, drove the family to the Alaska border near Beaver Creek, Yukon, because he says he wanted to help the family be together for Christmas.He described the 1,700-kilometre drive as "quite windy and really bumpy in some areas" but nothing he couldn't handle.This report by The Canadian Press was first published Nov. 24, 2020.The Canadian Press
Tiny Bhutan is feeling the squeeze as its giant neighbours China and India vie for territory.
China recorded five new COVID-19 cases on Nov. 24, down from 22 a day earlier, the national health authority said on Wednesday. All new cases were imported infections originating from overseas, the National Health Commission said in a statement. The commission also reported six new asymptomatic cases, which China does not classify as confirmed cases, compared with eight a day earlier.
JOE BIDEN: "America is back." President-elect Joe Biden introduced his new foreign policy and national security team to the world on Tuesday, saying the United States was "ready to lead" again on the global stage. BIDEN: "In fact, in calls from world leaders that I've had, about 18 of them or 20 so far, I'm not sure of the exact number, in the weeks since we won the election, I've been struck by how much they're looking forward to the United States reasserting its historic role as a global leader." With his team standing behind him, Biden said they would shed what he called "old thinking and unchanged habits" in their approach to foreign relations. BIDEN: "For example, we're going to have the first woman lead the intelligence community, the first Latino and immigrant to lead the Department of Homeland Security and a groundbreaking diplomat at the United Nations. We're going to have a principal on the national security council whose full-time job is to fight climate change. For the first time ever that will occur." Each of Biden's nominees, who were masked when not speaking, delivered remarks at the same podium -- an aide wiping it down between each statement. LINDA THOMAS-GREENFIELD: "I want to say to you: America is back. Multilateralism is back. Diplomacy is back." Comments from Biden's pick for U.S. ambassador to the United Nations, Linda Thomas-Greenfield, reinforced Biden's intention to steer the country away from President Donald Trump's "America First" nationalism... TRUMP: "America first." ...his antagonistic approach to NATO alliances, and abandonment of international agreements. Not long after Biden's event, Trump hosted one of the few annual ceremonies he has left as president, the pardoning of a turkey ahead of the Thanksgiving holiday. TRUMP: "Corn, I hereby grant you a full pardon." Behind the scenes, Trump has been waging a losing legal battle to try to overturn Biden's victory, falsely claiming the election was stolen from him. Trump has said he will never concede the election but his administration on Monday finally gave the green light for the formal transfer of power to begin. BIDEN: "I'm pleased to have received the ascertainment from GSA." Trump's critics said the nearly three-week delay undermined the incoming administration's ability to take on the many challenges the country faces.
The Gamestop Black Friday 2020 sale includes unbeatable Xbox One, PS4 and Nintendo Switch deals—shop our top picks.
P.E.I.'s minister of social development and housing says more transitional housing beds will soon be available for Islanders in need.Ernie Hudson said nine transitional housing beds at Smith Lodge in Charlottetown are set to open by the end of the year. He said the plan is to expand that to 20 beds by the spring of next year.Smith Lodge was initially planned to open as a 28-bed transitional housing facility this summer, and offer transitional housing to men, women and children. Hudson said the pandemic caused delays for the opening the building."If we weren't in the middle of a pandemic or had experienced the pandemic, yes we would have been in a position this fall for 20 transitional beds or units at Smith Lodge," Hudson said.Hudson said the nine beds set to open by the end of this year will only be available to men. He said when the facility eventually opens all 20 beds, half will be allocated for men and the other half for women. He said the government has also finalized an agreement to provide funding to support three emergency and transitional housing options for Islanders in need of shelter, including Bedford MacDonald House, the Community Outreach Centre and the opening of Smith Lodge.He said government will provide the Salvation Army with $3.7 million over the next three years to operate these programs. 'Last place to turn'Hudson announced the opening of the new beds while responding to questions from Liberal MLA Gord McNeilly in the legislature Tuesday. McNeilly also questioned the minister about how many shelter beds are currently available to Islanders in need of a place to sleep for the night. "Today we woke up to strong winds and colder weather, I couldn't imagine having no place to go at this time," McNeilly said. Hudson said there are currently nine beds available at Bedford MacDonald House in Charlottetown and another six at Deacon House, which provides overnight shelter for men over 19 who struggle with addictions issues. McNeilly also asked why Bedford MacDonald House only had nine beds available, when the capacity is normally 12.> At this point in time there's absolutely no plan to close Deacon House. — Health Minister James AylwardHudson said the number of beds available at Bedford MacDonald House had to be adjusted for the time being to adhere to public health protocols associated with COVID-19.McNeilly also said he's hearing concerns from Islanders about the fact that the shelter is not open 24 hours a day."In many cases these shelters, aside from providing essential services are the last place someone can turn to before being left out completely in the cold," McNeilly said. "What assurances can you provide Islanders who are worried that the shelter may be limited in the weeks and months to come?"Hudson said the Community Outreach Centre, located at the Smith Lodge is open to Islanders in need of a place to go when Bedford MacDonald House is closed.Deacon House not closingMcNeilly also said he's hearing concerns from Islanders who are worried that Deacon House may be closing. Speaking with reporters, Minister of Health and Wellness James Aylward, whose department is responsible for the facility, said the province doesn't plan to close Deacon House. "At some point it will be replaced with a newer facility," Aylward said. "But at this point in time there's absolutely no plan to close Deacon House."He said the facility is currently operating at its capacity with six available beds. He said the province will eventually replace the building as part of the construction of the new mental health campus and at that time those beds will be made available at another location.More from CBC P.E.I.
The impending US leader says the idea of a hard border being reimposed is “just not right”.