money The two biggest risks for equities
Mark Mahaney, Evercore ISI Senior Managing Director & Head of Internet Research, joins Yahoo Finance Live to discuss the reopening trade, the streaming space, and outlook on the market.
Mark Mahaney, Evercore ISI Senior Managing Director & Head of Internet Research, joins Yahoo Finance Live to discuss the reopening trade, the streaming space, and outlook on the market.
GSK has been sued by an independent Connecticut laboratory that accused the drugmaker of defrauding the U.S. government and taxpayers by concealing cancer risks in Zantac, once a blockbuster heartburn drug. In a whistleblower complaint filed on Monday, Valisure said GSK violated the federal False Claims Act by hiding the risks for nearly four decades while Medicare, Medicaid and other health programs covered billions of dollars of prescriptions. The New Haven-based lab said its testing in 2019 revealed that Zantac, also known as ranitidine, could form a cancer-causing carcinogen known as NMDA and was therefore "unfit for human consumption."
Philadelphia has mandated all city employees to return to their offices if employed full-time, as of July 15. Mayor Cherelle Parker made the announcement Monday, saying she wants to create a more visible and accessible government. The decision ends the city’s virtual work policy that was put in place in 2021 and essentially returns employees to pre-pandemic scheduling.
A Maine woman is appealing the dismissal of her lawsuit that accused school officials of encouraging her teen’s gender expression by providing a chest binder and using a new name and pronouns, without consulting her. Amber Lavigne filed her notice of appeal to the 1st U.S. Circuit Court of Appeals on Monday, weeks after a federal judge in Maine ruled she failed to establish legal claims for which the school district could be held liable. The lawsuit filed last year contended the mother had a “right to control and direct the care, custody, education, upbringing and healthcare decisions of her children,” and that Great Salt Bay Community School in Damariscotta violated her constitutional right by keeping the student’s gender expression from parents.
Wall Street expects another quarter of sales declines for the department store chain.
US President Joe Biden on Monday condemned an "outrageous" request by the International Criminal Court's prosecutor for an arrest warrant for Israeli Prime Minister Benjamin Netanyahu."The ICC prosecutor's application for arrest warrants against Israeli leaders is outrageous" Biden said in a statement.
New Caledonia's international airport remained closed Monday as separatists refused to abandon roadblocks that have paralysed the Pacific archipelago for a week, even as the French government insisted a major security operation was beginning to restore calm. Noumea airport will remain closed to commercial flights until Thursday.
Rachel Nance, the second runner-up on Joey Graziadei's season of "The Bachelor," shares more about her experience in a personal essay for TODAY.
An American Airlines flight attendant who authorities say tried to secretly record video of a 14-year-old girl using an airplane bathroom last September on Monday pleaded not guilty to two counts in federal court in Boston. Estes Carter Thompson III was indicted last month on one count of attempted sexual exploitation of children and one count of possession of images of child sexual abuse depicting a prepubescent minor. According to investigators, about midway through a Sept. 2, 2023, flight from Charlotte to Boston, the 14-year-old got up to use the main cabin lavatory nearest to her seat but found it was occupied.
The Biden administration on Monday forcefully denounced efforts by the International Criminal Court to seek arrest warrants for top Israeli officials and Hamas leaders, saying the court’s efforts put the terrorist organization and a top US ally on equivalent footing.
The family of the youngest person ever executed in the state of Pennsylvania — a Black 16-year-old sent to the electric chair in 1931 and exonerated by the governor in 2022 — is suing the county that prosecuted him. Alexander McClay Williams was convicted of murder in the October 1930 icepick stabbing of a white woman in her cottage on the grounds of his reform school. Vida Robare, 34, had been stabbed 47 times.
Violence intensified in southwestern Colombia on Monday when a bomb blast injured six people in the city of Jamundi and an attack by insurgents on a police station in the rural town of Morales left at least two officers dead, according to police. Colombia’s government attributed the attacks to the FARC-EMC a rebel group that broke off from the Revolutionary Armed Forces of Colombia and refused to sign a 2016 peace deal in which more than 14,000 rebels demobilized. The group’s western faction walked away from a new round of peace talks with the government in April and has since staged a series of attacks on military and police, including a roadside bomb last Friday that killed an 11-year-old.
The clouds weren't alone in making it rain on the commencement ceremony at the University of Massachusetts Dartmouth last week. On stage, billionaire philanthropist Rob Hale surprised the graduating class of more than 1,000 by pointing to a nearby truck holding envelopes stuffed with cash. Hale told the students each would get $1,000.
In an isolated part of the U.S. Drug Enforcement Administration headquarters known as the 12th-floor “bubble,” chief Anne Milgram made an unusual request of top deputies summoned in March for what she called the “Marijuana Meeting”: Nobody could take notes. Over the next half hour, she broke the news that the Biden administration would soon be issuing a long-awaited order reclassifying pot as a less-dangerous drug, a major hurdle toward federal legalization that DEA has long resisted. Milgram didn't give aides a reason for the unprecedented omission and neither she nor the DEA has explained since.
The United States on Monday said it had been unable, due largely to logistical reasons, to accept an Iranian request for assistance following a helicopter crash over the weekend that killed President Ebrahim Raisi, as Washington offered its condolences. The rare request from Iran, which views the United States and Israel as its main adversaries, was disclosed by the State Department at a news briefing.
A off-duty police officer in Washington, D.C., was injured Monday afternoon when a suspect opened fire as the officer was driving to work. Metropolitan Police Department Chief Pamela Smith said the officer was on his way to the 4th District station just after noon when he “observed a vehicle driving very erratically” in front of him with two people inside on the 5800 block of 7th Street Northwest. It remains unclear if the shooters knew the victim, who was not identified, was a police officer.
The NS-25 mission lifted off on Sunday, ending a lengthy hiatus from crewed launches prompted by a failed uncrewed test flight in 2022.
What to expect from Gemini season 2024: How will your zodiac sign be affected? Here are horoscopes for the season with dates spanning May 20 to June 20.
The United States said Monday that arch-enemy Iran sought assistance over a helicopter crash that killed president Ebrahim Raisi, as Washington meanwhile offered condolences despite saying he had "blood on his hands.""This was a man who had a lot of blood on his hands," National Security Council spokesman John Kirby told reporters, saying Raisi was responsible for "atrocious" abuses.
American citizens were involved in an attempted coup d’état that left at least three people dead on Sunday in the Democratic Republic of Congo, a military spokesperson told CNN Monday.
The Doomsday Glacier has been studied for years as an indicator of human-caused climate change.