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The first Black chair of Iowa’s Democratic Party says he received a series of racist messages, including a lynching threat, after writing an opinion piece in a local newspaper criticizing former President Donald Trump and the state Republican officials who stood with him at a recent rally in Des Moines. Ross Wilburn, who is also a state representative from Ames, reported the threatening phone and email messages to local police and state investigators. The messages came after The Des Moines Register's online publication of Wilburn's op-ed on Oct. 8, the day before thousands of Trump supporters gathered at the Iowa State Fairgrounds for the rally.
Netflix reported billion dollar profits and booming subscriber growth Tuesday that beat forecasts as global hits like Squid Games drew viewers in their droves.
Upbeat earnings results from a pair of Dow components helped drive stocks on Wall Street higher Tuesday, nudging the S&P 500 very close to its all-time high. Johnson & Johnson and Travelers helped push the blue-chip index up nearly 200 points. The S&P rose for the fifth straight session. It and the Nasdaq gained more than seven-tenth percent. But Procter & Gamble warned that higher commodity and freight costs would take a bigger bite out of earnings… a good example of why investors should pepper their optimism with caution – says Vespula Capital CEO Jeff Tomasulo. “I need more data, and I think that's the key, especially coming out of like what we saw come out of Procter and Gamble today we saw some different results come out of J&J. We have Netflix reporting. I want to be again cautious with how some of these companies are reporting the numbers coming out." J&J’s shares rose more than 2% after the drug maker raised its adjusted profit forecast for 2021. Higher returns on its investments helped Travelers top analysts’ targets, lifting the insurer’s shares 1.7%. And shares of digital currency exchange Coinbase Global got a lift from the successful debut by the first ever bitcoin ETF. ProShares Bitcoin Strategy ETF jumped nearly 5%. After the bell, shares of Netflix rose. The video streaming giant said it expects to add 8.5 million paid subscribers in the fourth quarter, topping estimates. It’s banking on the success of the hit series “Squid Game” and content investments to fend off competition.
Daniel Craig describes how he "had no other thought" other than rushing to help people caught in a gas explosion in Ayr. He pulled a boy from the rubble but says he "put in as much effort as everyone else". All four members of the family are being treated in hospital.
The former Head of the Facebook app, who reported directly to CEO Mark Zuckerberg, Fidji Simo, defended the social network at the start of an interview at the WSJ Tech Live event this afternoon. The exec was there to discuss her new role as Instacart CEO and her vision for the future of food delivery, but was asked to comment on the recent Facebook whistleblower's testimony and the attention it has since raised. Simo said she understood the scrutiny given Facebook's impact on people's lives.
Yahoo Finance markets reporter Ines Ferré covers the airline as it annouces its Q3 2021 results.
House intelligence Committee Chairman Rep. Adam Schiff says he “vehemently” disagrees with Attorney General Merrick Garland’s failure so far to aggressively investigate former President Donald Trump.
A coalition of investors with more than $60 trillion in assets under management is preparing to call on electric utility companies globally to move up their timeline by as much as 15 years to bring their net greenhouse gas emissions to zero. Net zero refers to reaching a balance between the greenhouse gases put in to the atmosphere and those taken out. The Institutional Investors Group on Climate Change (IIGCC) in London, part of the Climate Action 100+ initiative, told Reuters on Tuesday that emissions from electricity generation need to reach net zero well before 2050, so that other industries that rely on power can follow suit.
Decrypt Editor-in-Chief Dan Roberts joins Yahoo Finance to discuss
Santosh Rao, head of research at Manhattan Venture Partners, talks why the streaming giant found success with the South Korean thriller series.
David Nelson, Belpointe Chief Strategist, and Rob Haworth, Sr. U.S. Bank Wealth Mgmt Investment Strategist, help Yahoo Finance break down the day of trading.
It hardly came as a surprise, but Kobalt’s second giant catalog sale in less than a year made headlines on Tuesday morning when the company announced that KKR, together with its co-investor, Dundee Partners, purchased the KMR Music Royalties II portfolio for a whopping $1.1 billion — even more than the billion the company was […]
North Korea said it had test-fired a new ballistic missile from a submarine, state media reported on Wednesday, a day after authorities in South Korea and Japan detected an apparent weapons test. South Korea's military reported on that it believed North Korea had fired a submarine-launched ballistic missile (SLBM) off its east coast, the latest in a string of North Korean missile tests. The "new-type" SLBM was launched from the same submarine involved in a 2016 test of an older SLBM, North Korea's state news agency KCNA said.
The smart device cleans 99.97 percent of pollutants from your air.
A new wave of companies are bringing COVID-19 tests home—but is it worth the added cost? Yahoo Finance tests out Intrivo's On/Go rapid at-home COVID-19 test with Reeve Benaron, founder and co-CEO of Intrivo.
The public relations battle over failed Ayton negotiations is underway.
Microsoft's mishap is but one of a long string of examples of AI gone wrong. In 2019, an algorithm sold by the health services company Optum to predict which patients will benefit from extra medical care was found by researchers to badly misjudge the health needs of the sickest Black patients. Enter Singh's company, Credo AI, a SaaS outfit that's today taking the wraps off $5.5 million in funding that it has raised from Decibel, Village Global and AI Fund.
'Air,' a new art installation by artist Kenzo Digital, is located inside the recently completed One Vanderbilt tower, now the Big Apple's fourth-highest building. "I haven't seen anything like this" shares one excited visitor.
NBA Fearless Forecast Weekly Rank:
Yahoo Finance's Ines Ferre breaks key takeaways from Netflix's earnings report.