Business

Robinhood Crypto Fined $30 Million by New York Regulator, Cuts 23% of Its Workforce

Robinhood Crypto Fined $30 Million by New York Regulator, Cuts 23% of Its Workforce

Photo, Oliver Douliery ,Getty Images, Robinhood, the self-proclaimed ‘Democratized Finance’ app accused of misleading and ripping off retail investors will have to cough up another $30 million to appease regulators. That raises the company’s overall regulatory penalty and settlement tab well above $100 million. In a filing Tuesday, the New York State Department of Financial …

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Call Of Duty Keeps Bleeding Millions Of Players

Call Of Duty Keeps Bleeding Millions Of Players

Image, Activision Success is relative. Many gaming companies would kill for a blockbuster franchise that’s an annual top-seller like Call of Duty, But for Embattled publisher Activision anything short of top billing month after month isnt enough, and Call of Duty has recently been falling short more and more, The publisher revealed in its latest …

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Browns QB Watson suspended 6 games, NFL weighs appeal

Browns QB Watson suspended 6 games, NFL weighs appeal

Cleveland Browns quarterback Deshaun Watson was suspended for six games Monday after being accused by two dozen women in Texas of sexual misconduct during massage treatments, in what a disciplinary officer said was behavior “more egregious than any before reviewed by the NFL.” The punishment handed out by the game’s disciplinary officer, former federal judge …

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Women's Euro 2022: England out to avenge 2009 final defeat in rematch against Germany |  CNN

Women’s Euro 2022: England out to avenge 2009 final defeat in rematch against Germany | CNN

CNN , England against Germany, a clash between two of the best national teams in the world, will be a fitting finale to what has been a record-breaking tournament at Euro 2022. After the two semifinal matches, a total of 487,683 fans have attended the games so far, more than doubling the previous record of …

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Elon Musk flips bird on Twitter, files countersuit in legal battle

Elon Musk flips bird on Twitter, files countersuit in legal battle

Elon Musk filed a countersuit against Twitter on Friday, escalating his legal battle with the social media company over his abandoned $44 billion agreement to take over the site. The 164-page suit was filed under seal just before the judge-imposed 5 pm deadline, so its contents were not immediately visible to the public. Under court …

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Roku stock plummets toward worst drop on record after 'frankly awful' earnings

Roku stock plummets toward worst drop on record after ‘frankly awful’ earnings

Shares of Roku Inc. were tumbling toward their worst drop on record Friday after the streaming company acknowledged a “significant slowdown” in advertising spending that helped propel it to weaker-than-expected results and could persist beyond the latest quarter. “Consumers began to moderate discretionary spend, and advertisers significantly curtailed spend in the ad scatter market (TV …

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Chevron, Exxon post record quarterly profits as commodity prices boom

Chevron, Exxon post record quarterly profits as commodity prices boom

A floorhand operates a Chevron oil drilling rig near Taft, California. Chip Chipman | Bloomberg | Getty Images Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boost operations, and as the oil giants keep their spending in check. Chevron reported earnings of $11.62 billion during the three-month …

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Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?

Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?

Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once an online session. After an ignominious slide, however, Yahoo is just another site that has some fans in certain parts of Asia and offers some niche products. Has Mark Zuckerberg launched …

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EXPLAINER: How do we know when a recession has begun?

EXPLAINER: How do we know when a recession has begun?

WASHINGTON (AP) — By one common definition, the US economy is on the cusp of a recession, Yet that definition isn’t the one that counts. On Thursday, when the government estimates the gross domestic product for the April–June period, some economists think it may show that the economy shrank for a second straight quarter. That …

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Ex-US congressman among 9 charged in insider trading cases

Ex-US congressman among 9 charged in insider trading cases

NEW YORK (AP) — A former US congressman from Indiana, technology company executives, a man training to be an FBI agent, and an investment banker were among nine people charged in four separate and unrelated insider trading schemes revealed on Monday with the unsealing of indictments in New York City. It was one of the …

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