He says Fidelity wouldn’t let him sell during Reddit mayhem, costing him $830,000
Robinhood is in hot water for banning investors from buying GameStop during part of last month’s Reddit-driven market mayhem. And now Fidelity…
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White House suspends deputy press secretary for one week for threatening reporter over story about him
White House press secretary Jen Psaki said Friday that one of her deputies, TJ Ducklo, had been suspended for one week without pay after a Vanity…
Continue Reading Jack Dorsey and Jay Z announce bitcoin fund as cryptocurrency goes mainstream
Bitcoin’s big week got bigger with an announcement from rapper Jay Z and Twitter CEO Jack Dorsey that the pair are establishing a bitcoin…
Continue Reading Elon Musk, the world’s richest man, is about to get a whole lot richer
For a CEO who receives no salary, Elon Musk’s 2020 payday reached sky-high levels. He received four grants to buy 8.4 million Tesla shares in…
Continue Reading Meet the British digital bank trying to conquer America
Revolut is on a mission to build a global digital bank. The British company is already one of Europe’s biggest fintechs. Now Revolut is setting…
Continue Reading KPMG’s UK boss resigns after telling staff not to ‘sit there and moan’ about the pandemic
The UK chairman of accounting firm KPMG is resigning after he told staff in a meeting to stop complaining about the pandemic and said that there was…
Continue Reading US consumer sentiment takes a hit despite promises of more stimulus
American households making less than $75,000 are feeling especially pessimistic about their financial futures, despite promises of more federal…
Continue Reading The UK economy just had its worst year in three centuries
The UK economy suffered its biggest slump in more than three centuries last year, with GDP falling by nearly 10% over the course of 2020. That means…
Continue Reading ‘There’s never been a time like this’: Wall Street is piling into trading cards as prices soar
Ken Goldin has sold sports trading cards for four decades. What happened earlier this month still shocked him. In early February, a Michael Jordan…
Continue Reading This is one of the fastest growing jobs at Walmart
If you’ve shopped at Walmart recently, you may have noticed more employees snaking through aisles, carrying blue tote bins and picking items…
Continue Reading Disney is still getting hammered by the pandemic, but Disney+ remains a star
Disney kicked off its 2021 fiscal year much as it spent most of 2020, with the pandemic hammering many of its businesses. But Disney+ continues to be…
Continue Reading Lunar New Year celebrations will be largely virtual events this year. That’s more bad news for Chinatown USA
Friday marks the start of Chinese New Year, also known as Lunar New Year. The 15- to 23-day celebration is usually big business for Chinatown…
Continue Reading Learjet, once the go-to private plane for celebrities, is ending production
Learjet, the private plane brand made famous by stars like Frank Sinatra, is halting production later this year. The brand’s owner, Bombardier,…
Continue Reading Top editor at The New York Times walks back controversial comment on race amid criticism
The top editor of The New York Times on Thursday, aiming to quell mounting scrutiny from both employees and outside critics, walked back a…
Continue Reading Grape-Nuts will be back on shelves in March
The Grape-Nuts shortage that ground an already on-edge nation to a halt has been resolved. Grape-Nuts will start shipping at normal levels by…
Continue Reading BBC News banned in China, one week after CGTN’s license withdrawn in UK
In an apparent tit for tat move, BBC World News has been banned from airing in China, according to a statement from China’s National Radio and…
Continue Reading Unions are becoming ubiquitous in digital media. Medium is the latest
Gawker Media made history five years ago for being the first digital news company to ratify a union contract, kicking off a wave of labor organizing…
Continue Reading ‘He would be alive today’: Parents detail son’s desperate attempts to contact Robinhood before he killed himself
After their son’s death, Dan and Dorothy Kearns said they were horrified to learn that their panicked 20-year-old repeatedly tried and failed…
Continue Reading Mr. Peanut joins the Skippy family in a $3.4 billion sale
It’s been a chaotic few years for Mr. Peanut, who died in early 2020 and was reborn as a baby nut as part of a Super Bowl ad campaign. Now he…
Continue Reading Why Taylor Swift is rerecording her songs
Taylor Swift announced on Good Morning America Thursday that a rerecording of one of her first albums, “Fearless,” will be released on…
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