MENLO PARK, California: Robinhood online brokerage has been one of the hottest venues for investors in a retail trading frenzy. Now it is in the line of fire from angry customers, disgruntled celebrities and politicians. Citing market volatility and the need to keep investors informed, the Menlo ...
NEW YORK: An army of retail investors that has routed Wall Street's professionals in recent days was dealt a blow on Thursday (Jan 28), after online brokerages including Robinhood Markets restricted trading in red-hot GameStop and other stocks that had soared this week. Retail investors ...
AMC Entertainment Holdings Inc is exploring raising more capital, including through yet another possible stock sale, to weather the COVID-19 pandemic and take advantage of this week's rally in its shares, people familiar with the matter said on Thursday.
NEW YORK: It's not just you. What's going on with GameStop's stock doesn't make sense to a lot of people. The struggling video game retailer's stock has been making stupefying moves this month, wild enough to raise concerns from professional investors on Wall Street to the hallways of regulators...
The Occupy Wall Street spirit returns as traders upset the elites, says the Financial Times' Kate Martin.
NEW YORK: General Motors on Thursday (Jan 28) announced that it aims to make most of its cars and trucks emissions-free by 2035, as part of a wider campaign by the American auto giant to go carbon neutral. The move is the latest by a major auto producer to shift...
Asian stocks were set to rise on Friday after U.S. shares rallied and the dollar eased overnight, as fears of social-media driven hedge fund selling abated and the U.S. earnings season got off to a strong start.
The U.S. House Financial Services and Senate Banking committees said on Thursday they will hold hearings on the stock market after users of investment apps faced trading limits following the "Reddit rally" that put a charge into GameStop and other volatile stocks that were touted in online forums.
A federal judge in Boston on Thursday rejected a last-ditch effort by two men to avoid being extradited to Japan to face charges they helped former Nissan Motor Co Ltd Chairman Carlos Ghosn flee the country.
The U.S. oil industry is seeking to forge an alliance with the nation's corn growers and biofuel producers to lobby against the Biden administration's push for electric vehicles, but is so far meeting a cool reception, according to multiple sources familiar with the discussions.
