Best Buy Co. notified store workers this week that the retailer was cutting some jobs and cutting hours, according to people familiar with the situation, as the department store chain adjusts to …
Read More »GameStop Frenzy Echoes Sharp Moves Seen Long Over Cryptocurrency Markets
The flash mob that pushed GameStop Corp. and other stocks very short took Wall Street by surprise. In the cryptocurrency market, this behavior is common. Investor groups that organize on social media …
Read More »Reddit forums turn to cannabis industry as stocks hit new highs
Feb 10 (Reuters) – Shares of cannabis companies rose on Wednesday, extending a month-long rally on bets on decriminalization under the Biden administration, as the Reddit trading community behind a recent trading …
Read More »TikTok sale to Oracle, Walmart shelves while Biden reviews security
WASHINGTON – A U.S. plan to force the sale of TikTok’s U.S. operations to a group that includes Oracle Corp. and Walmart Inc. has been shelved indefinitely, people familiar with the situation …
Read More »Lyft, Twitter, Cisco, Yelp: What to Watch for When the Stock Market Opens Today
Futures of US stocks rose On Wednesday, when investors pinned their hopes on fresh stimulus from Washington. Futures linked to the S&P 500, the Dow Jones Industrial Average and the high-tech Nasdaq-100 …
Read More »Putin’s mock Sputnik vaccine is in orbit
Here is the latest news from the global pandemic. Putin’s mock Sputnik vaccine is in orbit President Vladimir Putin sparked global skepticism in August when he announced that Russia had approved the …
Read More »Should the stock market correct in 2021? This is what some experts think
A pullback in the Dow Jones Industrial Average and the S&P 500 Index on Tuesday halted the longest winning streak for stocks in months, but there remains a huge concern for investors: …
Read More »Bills spent on theme parks to Woo Shoppers. This made Matters worse.
SYRACUSE, NY — Destiny USA is New York’s largest shopping mall, a six-story structure on Lake Onodaga. Its feature attraction is WonderWorks, a 40,000-square-foot theme park where children can experience a simulated …
Read More »GameStop Frenzy Tough Call for Regulator Focuses on Transparency
Washington was quick to react to GameStop’s wild ride Corp GME 19.20% The stock and social-media-fuel trading frenzy that by some accounts pitted people against Wall Street everyday. There is evidence that …
Read More »Derail Unionization unsuccessful for vote in Amazon Alabama
Photo: Philipp Hugen / AFP ()Getty Images) One last-The trench attempt by Amazon to delay a vote on unionization in its large warehouses has failed, as the first serious effort to organize …
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