SOCI

Ryan Cohen's $60 million Bed Bath u-turn triggers meme stock investor ire

Ryan Cohen’s $60 million Bed Bath u-turn triggers meme stock investor ire

An exterior view shows a Bed Bath & Beyond store in Novi, Michigan, U.S., January 29, 2021. REUTERS/Emily Elconin Register now for FREE unlimited access to Reuters.com Register Aug 19 (Reuters) – Investors flooded social media platforms such as Reddit on Friday with criticism of Ryan Cohen’s sale of his stake in Bed Bath & …

Ryan Cohen’s $60 million Bed Bath u-turn triggers meme stock investor ire Read More »

Cryptoverse: Electric ether leaps on verge of Merge

Cryptoverse: Electric ether leaps on verge of Merge

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 16 (Reuters) – It looks like ethereum’s mega-upgrade is happening. Finally. After years of delays, the “Merge” seems all but certain to take place in September, …

Cryptoverse: Electric ether leaps on verge of Merge Read More »

Cryptoverse: Bitcoin beats the heat in a jumpin' July

Cryptoverse: Bitcoin beats the heat in a jumpin’ July

A representation of virtual currency bitcoin and a U.S. one dollar banknote are seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register Aug 2 (Reuters) – It’s been a good month for bitcoin – and we haven’t said that …

Cryptoverse: Bitcoin beats the heat in a jumpin’ July Read More »

Inflation begins to strain finances of young, low-income Americans

Inflation begins to strain finances of young, low-income Americans

A shopper wearing a face mask is pictured at a Dollar Tree store in Pasadena, California, U.S., June 11, 2020. REUTERS/Mario Anzuoni Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 1 (Reuters) – As high inflation forces Americans to spend more on gas and bills, young and low-income consumers are starting …

Inflation begins to strain finances of young, low-income Americans Read More »

Wall Street closes lower as ad tech, social media stocks drop

Wall Street closes lower as ad tech, social media stocks drop

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Snap Inc shares plunge on slowing growth Communication services stocks lead sectoral declines AmEx raises revenue forecast on resilient card spending Indexes down: Dow …

Wall Street closes lower as ad tech, social media stocks drop Read More »

Exclusive: Hyundai subsidiary has used child labor at Alabama factory

Exclusive: Hyundai subsidiary has used child labor at Alabama factory

LUVERNE, Alabama, July 22 (Reuters) – A subsidiary of Hyundai Motor Co has used child labor at a plant that supplies parts for the Korean carmaker’s assembly line in nearby Montgomery, Alabama, according to area police, the family of three underage workers, and eight former and current employees of the factory. Underage workers, in some …

Exclusive: Hyundai subsidiary has used child labor at Alabama factory Read More »

Judge in Twitter v. Musk made rare ruling: ordering a deal to close

Judge in Twitter v. Musk made rare ruling: ordering a deal to close

July 15 (Reuters) – The judge overseeing Twitter Inc’s (TWTR.N) $44 billion lawsuit against Elon Musk has a no-nonsense reputation as well as the distinction of being one of the few jurists who has ever ordered a reluctant buyer to close a U.S. corporate merger. Kathaleen McCormick took over the role of chancellor or chief …

Judge in Twitter v. Musk made rare ruling: ordering a deal to close Read More »

In face-off with London Heathrow, Emirates airline says it won't cut capacity

In face-off with London Heathrow, Emirates airline says it won’t cut capacity

Emirates airliners are seen on the tarmac in a general view of Dubai International Airport in Dubai, United Arab Emirates January 13, 2021. REUTERS/Abdel Hadi Ramahi/File Photo Register now for FREE unlimited access to Reuters.com Register DUBAI/LONDON, July 14 (Reuters) – Emirates airline said on Thursday it had rejected demands by London’s Heathrow Airport to …

In face-off with London Heathrow, Emirates airline says it won’t cut capacity Read More »

Twitter sues Elon Musk to hold him to $44 billion deal

Twitter sues Elon Musk to hold him to $44 billion deal

WILMINGTON, Del., July 12 (Reuters) – Twitter Inc (TWTR.N) sued Elon Musk on Tuesday for violating his $44 billion deal to buy the social media platform and asked a Delaware court to order the world’s richest person to complete the merger at the agreed $54.20 per Twitter share. “Musk apparently believes that he – unlike …

Twitter sues Elon Musk to hold him to $44 billion deal Read More »

Cryptoverse: Shrimps and whales keep bitcoin afloat

Cryptoverse: Shrimps and whales keep bitcoin afloat

A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register July 12 (Reuters) – The shrimps of the crypto world have joined the whales in a glorious last stand to banish the bleak …

Cryptoverse: Shrimps and whales keep bitcoin afloat Read More »