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Facebook shuts popular stock trading group amid GameStop frenzy
(Reuters) - Facebook Inc took down a popular Wall Street discussion group, Robinhood Stock Traders, in a move that its founder on Thursday described as backlash for conversations buoying shares of GameStop Corp and other companies this week......»»
Robinhood CEO On Trading Halts: "We Made The Correct Decision"
This story is developing. Vlad Tenev, a co-founder of Robinhood, has spoken to CNBC host Andrew Ross Sorkin on today’s show. What Happened: Tenev said he thought Robinhood had made the right decision today to halt trading on several stocks. read more.....»»
Dave Portnoy Joins Benzinga"s "Power Hour" To Talk GameStop, Robinhood And More
Barstool Sports Founder Dave Portnoy joined Benzinga's "Power Hour" with Jason Raznick to discuss investors not being able to purchase stocks on their brokerages following the massive rise in GameStop (NASDAQ: read more.....»»
Barstool"s Portnoy rips Robinhood as "biggest frauds of them all" after GameStop trading restrictions
Barstool Sports founder Dave Portnoy went on a tirade Thursday against Robinhood after the mobile brokerage app restricted trades of some volatile stocks......»»
Robinhood users are revolting against the trading app after it stopped trades of GameStop
Barstool Sports, along with the blog's founder Dave Portnoy, declared "war" on Robinhood. "You are scam artists," Portnoy said in a tweet. Vlad Tenev, co-founder and co-CEO o.....»»
David Einhorn"s Greenlight Capital says Tesla short position was its biggest loser of 2020 - and says owning the EV-maker"s "silly" stock is a fad
Greenlight founder David Einhorn has had a long-time short wager against Tesla. It didn't go well in 2020. David Einhorn, Preside.....»»
Robinhood faces complaint from Massachusetts regulators for exposing investors to "unnecessary trading risks," report says
Part of the complaint focuses on the company's breach of a new investor-protection rule that was implemented three months ago. Vlad Tenev, co-founder and c.....»»
Les Wexner era comes to an end as L Brands founder steps down
Les Wexner, the entrepreneur who built one of the world's most-successful retail companies and became Ohio's richest man in the process, has officially retired. His impact on Central Ohio is hard to overstate......»»
EasyJet founder offers $6 million reward for help in cancelling Airbus order
EasyJet founder Stelios Haji-Ioannou is offering 5 million pounds ($6.2 million) for any information that leads to the cancellation of its order for 107 Airbus jets as he steps up his campaign to oust the budget airline's management......»»
Internal Struggle at Bitcoin Mining Giant Bitmain Escalates to Physical Confrontation
After Micree Ketuan Zhan, the exiled co-founder of Bitmain, moved to reinstate his position after another partial legal victory over his former employer, tensions reportedly escalated into a physical brawl......»»
‘Very Near Launch’: Polkadot Founder Gavin Wood Details Network Rollout
Polkadot founder Gavin Wood outlined the “five or six†steps the network will be taking as it moves to a full launch, some four years after first being conceived, during his Ready Layer One presentation......»»
Treasury to announce steps Wednesday to borrow trillions for coronavirus relief, highlighting the country’s precarious fiscal position
The Treasury Department on Wednesday will lay out initial plans on how it will borrow trillions of dollars to pay for coronavirus relief as the country’s precarious fiscal position.....»»
Carter"s takes steps to strengthen financial position
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Malaysia Airlines says working with Khazanah for financial support, taken cost cuts
Malaysia Airlines (MAB) is working closely with sole shareholder Khazanah Nasional for financial support while also taking steps to defend its cash position to sustain business during the coronavirus crisis, it said on Thursday......»»
10 Steps to Protecting Your Business, Your Employees and Yourself During the COVID-19 Crisis
The future is bright, according to MeasuredRisk founder Tom Albert......»»
Macy’s CFO steps down amid unprecedented retail upheaval
Macy’s Inc., in the middle of navigating a broad U.S. shutdown of nonessential businesses, said that Chief Financial Officer Paula Price is leaving her role. Price, who has been in the position for... To view the full story, click the title link......»»
Genuine Parts expects COVID-19 to hurt its financial results
"We believe the steps we are taking to stabilize our business in these unprecedented times will position the company for strong sales and earnings growth as we exit this global pandemic," CEO Paul Donahue says......»»
EasyJet founder steps up battle with management over Airbus order
Stelios Haji-Ioannou, easyJet's founder and biggest shareholder, on Monday intensified his battle with the airline's management over a huge aircraft order with Airbus which he says it should cancel......»»
A Wall Street trading bonanza, how to benefit from the stimulus bill, and Silicon Valley steps up
REUTERS/David Gray Hello! I want to start this newsletter with an extract from an internal memo Citadel founder a.....»»
Tim Pagliara on the steps to recapitalize Fannie Mae and Freddie Mac
ValueWalk’s Raul Panganiban interviews Tim Pagliara, Founder, Chairman and CIO of CapWealth grou.....»»