“The fine imposed in this matter reflects the scope and seriousness of Robinhood’s violations, including FINRA’s finding that Robinhood communicated false and misleading information to millions of its customers,” the regulator said.
Category Archives: business
As diners and restaurant owners embrace a summer reopening, long wait times are leaving a bitter taste
A nationwide shortage of workers means long wait times for restaurants are becoming increasingly common. That’s leaving customers and staff frustrated.
Some gas stations seeing outages ahead of busy July 4 travel weekend
Experts say problems that are cropping up now could become more pronounced as the summer goes on.
Home prices surged in April, for highest price spike in more than 30 years
Phoenix, San Diego and Seattle reported the highest year-over-year gains, up more than 20 percent from the year before.
Walmart unveils low-price insulin as more patients with diabetes struggle to pay for drug
More than 34 million people in the U.S. have diabetes, and the annual cost of insulin for people with Type 1 diabetes is at least $5,700 a year.
United Airlines orders 270 jets to replace old ones, plan for growth
It is one of the largest orders ever for commercial planes and underscores that airlines see a recovery underway.
How the lumber industry misread Covid and ended up with a global shortage and sky-high prices
“Whoever is a lumber producer today is making a fortune.”
Is it a sluggish labor market — or workers positioning themselves for better opportunities?
“There’s been a lot of talk about ‘people don’t want to work,’ and that’s not the case. People are trying to figure out what’s stable,” said one economist.
Airports have always had trouble attracting workers. Expect longer lines for a while, experts say.
Worker shortage became so severe last month that one airport executive had to ask its shops and restaurants not to steal each other’s employees.
Juul agrees to $40 million settlement in North Carolina teen marketing lawsuit
Regulators and health officials have blamed the company for the surging popularity of e-cigarettes among teens in recent years.