Wall Street gave Robinhood a cool reception Thursday in the online broker’s debut in the stock market that it helped reshape by bringing millions of new investors. Shares of Robinhood Markets Inc. slumped 8.4% in their first day of trading on the Nasdaq from their initial price of $38 set late Wednesday. It was a […]
Brazen woman swaps pebbles for diamonds in London heist
A woman who secretly swapped seven pebbles for 4.2 million pounds ($5.7 million) worth of diamonds has been sent to prison for her role in the audacious heist at a luxury jewelry store in London’s tony Mayfair district. Surprise! Eggs do this to senior brains [sponsored] Lulu Lakatos, 60, was sentenced Wednesday to 5 1/2 […]
McDonald’s crispy chicken sandwich booming billion-dollar sales
McDonald’s posted better-than-expected sales in the second quarter as dining rooms reopened and new products like its crispy chicken sandwich brought in customers. Sponsored: What eggs do to senior brains Revenue jumped 57% to nearly $5.9 billion in the April-June period. That beat Wall Street’s forecast of $5.6 billion, according to analysts polled by FactSet. […]
U.S. gas prices are rising — and fast!
The average U.S. price of regular-grade gasoline rose 2 cents over the past two weeks, to $3.22 per gallon. Sponsored: WOW! They lost 23 Pounds! [STUDY] Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that gas supply is abundant, which could keep prices from spiking further. The price at the pump is 98 […]
Ouch! LeBron James dunked on… by China
LeBron James and the NBA have spent years trying to curry favor with China’s communist leaders in hopes of tapping into the country’s lucrative market. And they were no doubt counting on a big release for the new film “Space Jam: A New Legacy” to both make money and spread the brand. They were so […]
Free money, no questions asked? That’s the idea…
By triggering $1,400 stimulus checks for millions of people and expanding the child tax credit for many families, the pandemic offered a clear takeaway for some officials: That putting tax dollars in people’s pockets is achievable and can be a lifeline to those struggling to get by. Now a growing number of mayors and other […]
White House seeks public-private cybersecurity partnership
President Joe Biden and members of his national security team plan to meet next month with business executives about cybersecurity, an official said Wednesday. The Aug. 25 meeting comes as the White House is scrambling to help companies protect against ransomware attacks from Russia-based criminal syndicates and as the administration also confronts an aggressive cybersecurity […]
Major airline has good news for investors
Southwest Airlines turned a profit in June without assistance from the U.S., which the company is calling a milestone in its recovery from the pandemic. Net income reached $348 million, reversing last year’s loss in the same stretch. Per share profit was 57 cents per share, but it was a loss of 35 cents per-share […]
New security ordered for U.S. pipelines
The Department of Homeland Security on Tuesday announced new requirements for U.S. pipeline operators to bolster cybersecurity following a May ransomware attack that disrupted gas delivery across the East Coast. In a statement, DHS said it would require operators of federally designated critical pipelines to implement “specific mitigation measures” to prevent ransomware attacks and other […]
Prince Harry’s latest cash grab: Tell-all book
Prince Harry is writing what his publisher is calling an “intimate and heartfelt memoir.” Random House expects to release the book, currently untitled, late in 2022. Sponsored: Deadliest Drug Ever (are you taking it?) “I’m writing this not as the prince I was born but as the man I have become,” the Duke of Sussex, […]
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