The heads of two of Wall Street’s biggest investment firms, the 34-year-old CEO of the Robinhood trading app and a YouTube investment streamer named “Roaring Kitty” will testify about last month’s “Reddit rally.”
Category Archives: business
Retail sales soared last month, as shoppers rushed to spend their stimulus checks
“Consumers are just so tired of being cooped up that even though most people are now doing a lot of their shopping online, I think people just wanted to get out,” said one retail expert.
What will it take for Americans to return to the mall?
Malls that survive the pandemic are expected to see a windfall from pent-up demand as shoppers flock back for in-person spending.
Ford to go all electric in Europe by 2030, as emissions mandates tighten
Ford expects to have the first all-electric model designed specifically for European customers roll out of the new Cologne facility in 2023.
U.S. oil and gas production could face weeks of delays due to cold
The deep freeze could wreak havoc on production for weeks, according to industry experts, as companies deal with frozen equipment and a lack of power.
New York attorney general sues Amazon over Covid-19 shortfalls
The suit comes days after the retailer filed its own lawsuit seeking to block New York Attorney General Letitia James’ case.
Winter freeze drives up gas prices — with higher costs yet to come
Drivers should get used to higher gas prices, because “once people get vaccinated, they’re going to take to the roads and planes,” one energy expert said.
Marriott CEO Arne Sorenson dies at 62
Sorenson was the third CEO in Marriott’s history, and the first without Marriott as a last name.
Bitcoin surpasses $50,000 for first time ever as major companies jump into crypto
Tesla’s recent $1.5 billion purchase of bitcoin sparked speculation over whether other major companies would follow suit.
New Orleans businesses say they've had the 'rug pulled out' as city enacts Mardi Gras shutdown
“We had already purchased all of our food and drink supplies … and we had the rug pulled out from under us at the last minute,” one bar director said.