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February 4, 2023

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GameStop’s strong stock performance triggered board director’s exit

April 28, 2021April 22, 2021 - by sciedtechorg

Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp’s board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay …

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Business

Robinhood failed to disclose certain trade executions to public feed

April 27, 2021April 22, 2021 - by sciedtechorg

Retail brokerage Robinhood Financial did not report a certain type of stock trade it executed for customers last year to a public data feed, according to regulatory data analyzed by …

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Business

Amazon’s fight against U.S. union could continue even after landmark vote

April 26, 2021April 22, 2021 - by sciedtechorg

Officials with the National Labor Relations Board (NLRB) are expected to begin counting ballots on Thursday in the closely watched union election at an Amazon.com Inc warehouse in Bessemer, Alabama. …

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Business

Apple argues it faces competition in video game market as ‘Fortnite’ trial nears

April 25, 2021April 22, 2021 - by sciedtechorg

Apple Inc plans to argue that it faces abundant competition in the market for video game transactions to defend itself against antitrust allegations by “Fortnite” maker Epic Games, the iPhone …

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Business

Big $40 million options trade bets on near-term stock market tumble

April 24, 2021April 22, 2021 - by sciedtechorg

A massive trade in the U.S. options market on Thursday appears to be betting that the calm enveloping U.S. stocks in recent weeks will give way to a big rise …

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Business

S&P closes at record on tech boost as U.S. Treasury yields retreat

April 23, 2021April 22, 2021 - by sciedtechorg

The S&P 500 closed at a record high on Thursday, as U.S. Treasury yields fell following softer-than-anticipated labor market data, boosting technology and other growth stocks. Weekly initial jobless claims …

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Business

Boeing sues, cancels contracts with Air Force One supplier

April 22, 2021April 22, 2021 - by sciedtechorg

Boeing Co said Thursday it had filed a suit against and canceled contracts with a Texas-based supplier for Air Force One, the aircraft that carriers the U.S. president, over delays …

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