Friday, June 9

News

Warriors vs. Grizzlies score, takeaways: Stephen Curry, Jordan Poole lead Golden State to wild Game 1 win
News

Warriors vs. Grizzlies score, takeaways: Stephen Curry, Jordan Poole lead Golden State to wild Game 1 win

If Game 1 was any indication of how the rest of the second-round series between the Memphis Grizzlies and Golden State Warriors will be, then we're in for a treat. In a back-and-forth battle that came down to the very last possession of the game, the Warriors were ultimately able to prevail with a 117-116 win to take a 1-0 lead.The Warriors were able to win despite the fact that Draymond Green was ejected in the second quarter for a flagrant foul that the referees found to be egregious enough to kick him out. Without Green for the second half, Golden State had to dig deep, and was able to do just that. Jordan Poole led the Warriors with 31 points, nine assists and eight rebounds off the bench. Steph Curry had 24 points and four assists, and Andrew Wiggins added 17 p...
Evacuations under way in Mariupol; Pelosi visits Ukraine
News

Evacuations under way in Mariupol; Pelosi visits Ukraine

ZAPORIZHZHIA, Ukraine (AP) — A long-awaited evacuation of civilians from a besieged steel plant in the Ukrainian city of Mariupol began Sunday, as U.S. House Speaker Nancy Pelosi revealed that she visited Ukraine’s president to show unflinching American support for the country’s defense against Russia’s invasion.Video posted online by Ukrainian forces showed elderly women and mothers with small children bundled in winter clothing being helped as they climbed a steep pile of debris from the sprawling Azovstal steel plant’s rubble, and then eventually boarded a bus. Ukrainian President Volodymyr Zelenskyy said more than 100 civilians, primarily women and children, were expected to arrive in the Ukrainian-controlled city of Zaporizhzhia on Monday.“Today, for the first time in all the days ...
Raging wildfire forces New Mexico mountain valley to evacuate
News

Raging wildfire forces New Mexico mountain valley to evacuate

TAOS, N.M., May 1 (Reuters) - Thousands of residents of northern New Mexico villages were told to evacuate on Sunday as fierce winds drove the largest active U.S. wildfire towards their drought-parched mountain valley.Winds gusting over 40 mph (64 kph) blew embers a mile ahead of the blaze to start new fires as crews battled to stop flames entering Mora, around 40 miles (64 km) northeast of Santa Fe.It is one of a string of farming communities in the path of the Calf Canyon fire, the most destructive of a dozen Southwest blazes that scientists say are more widespread and arriving earlier this year due to climate change.Register now for FREE unlimited access to Reuters.comRegister"Where are we supposed to run to, where do we go?" said Darlene Gallegos, co-owner and manager of Mora's loca...
Fire tears through North Conway, NH hotel
News

Fire tears through North Conway, NH hotel

Sprinkler system was not in section of building where massive North Conway hotel fire started Section of building was built prior to sprinkler requirements Updated: 5:36 PM EDT May 1, 2022 Hide Transcript Show Transcript chief. Could you talk *** little bit about your response yesterday and what you had in terms of mutual aid. Now, if you're looking back and everything go as you expected? Yes. Yesterday we got dispatch for *** working hotel fire at the red jacket mountain View Inn on White Mountain Highway. North Conway. Initial reports as heavy fire blowing from the south win...
Warren Buffett’s Berkshire Hathaway bets big on US stock market
News

Warren Buffett’s Berkshire Hathaway bets big on US stock market

Warren Buffett’s Berkshire Hathaway bet big on the US stock market in the first quarter, buying $51.1bn of shares, as he put the sprawling conglomerate’s cash pile to work as financial markets slid from record heights.It is a dramatic shift from an investor who had been a seller of stocks for the past two years, warning of high valuations and little in the market that would generate substantive returns. But global financial markets have weakened in recent months, as Russia invaded Ukraine and fears of a Chinese economic slowdown have rattled investor confidence.That has offered him a more attractive entry, according to analysts and investors who have been warmed by the vote of confidence in the stock market from the so-called Oracle of Omaha.The furious pace of stock purchases wa...
Charlie Munger on Robinhood stock crash: ‘God is getting just’
News

Charlie Munger on Robinhood stock crash: ‘God is getting just’

Berkshire Hathaway Vice Chairman Charlie Munger did some kicking of a downed dog on Saturday."Wasn't that pretty obvious that something like that was going to happen?" Munger said during the Berkshire Hathaway annual shareholders meeting after bringing up Robinhood's business troubles, later adding the company's business model "was disgusting... God is getting just. ... There's been some justice."A spokesperson for Robinhood didn't immediately return Yahoo Finance's request for comment.Munger has been an outspoken critic of the investing platform, which makes most of its money through payment-for-order flow — that is, selling customer market orders to third parties.“When you pay for order flow, you’re probably charging your customers more in pretending to be free,” Munger said in Februa...
How technology can optimize risk controls, improve operational efficiency for banking, finance
News

How technology can optimize risk controls, improve operational efficiency for banking, finance

As we advance further in this digital-first world, the lines between humans and technology are blurring. The addition of the suffix ‘tech’ to industries like finance, insurance, human resources and even education has ushered in a paradigm shift. Additionally, the global pandemic has accelerated the tech tidal wave across industries and verticals. The banking and finance sectors are scrambling to maintain operational efficiency against digital disruptions, evolving customer demands, and rising risks.With interest rates at record lows and rising talent and compliance costs, the banking and finance sector must elevate operational efficiency to reduce costs, risks and failures. At a time like this, financial institutions are leaning towards modern technologies like AI, ML, automati...
Exploring educational pathways that lead to success, financial security
News

Exploring educational pathways that lead to success, financial security

Victoria Chen, Co-Founder & Executive Director, BridgeYear (KPRC)BridgeYear provides career test drive alternatives to collegeVictoria Chen was a high school teacher and counselor when she realized she was part of an educational system that wasn’t supporting students who were not academically inclined or interested in college. That’s when she co-founded BridgeYear, an organization created to provide a pathway toward economic independence and stability. ”The bachelor’s degree is not the only pathway to success,” she said. “It’s one way that we can encourage students to go after high school but it’s not the only way.”The “Career Test Drive” is one of the ways they provide access to careers in which they might have an interest. “A lot of students think they might want to do something i...
F&O Strategy: Consider bear put strategy on L&T Finance
News

F&O Strategy: Consider bear put strategy on L&T Finance

The stock of L&T Finance Holdings (₹87.55) remains at a crucial level. The stock finds an immediate resistance at ₹95 and only a close above ₹125 will change the long-term outlook positive. On the other hand, the stock finds an immediate support at ₹80 and a close below could drag it towards ₹72. A break below ₹72 can trigger fresh downslide that can drag the stock towards ₹65. On Friday, the company came out with results and the performance was on expected lines. Traders should also bear in mind that the stock might see a volatile opening on Monday post Q4 results. F&O pointers: The counter witnessed a rollover of about 75 per cent to May series (from April) that is lower than previous month's 82 per cent. However, L&T May futures witnessed a steady accumulation of open i...
Parents can’t be only ones to teach our children about finance
News

Parents can’t be only ones to teach our children about finance

Monkeybusinessimages | Istock | Getty ImagesSome people oppose school-based financial education because they believe teaching kids about money is the parents' responsibility ― and frankly, it should be. But what about the kids whose parents or guardians don't have the personal finance skills or experience to adequately instruct their children? Where can they go to learn the basics of personal finance?As we have increasingly turned our attention toward improving financial equity and inclusion, school-based financial education will play an important role in leveling the playing field for future generations of American consumers, particularly those students growing up in historically underserved communities. By introducing these students to a financial system they may not have previously b...