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Robinhood to allow customers to deposit, withdraw cryptocurrencies

Robinhood to allow customers to deposit, withdraw cryptocurrencies
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Robinhood to allow customers to deposit, withdraw cryptocurrencies

Longtime La-Z-Boy CEO Darrow to retire, CFO to take helm

By Reuters Staff 1 Min Read FILE PHOTO: The La-Z-Boy store in Westminster, Colorado is seen November 18, 2014. REUTERS/Rick Wilking (Reuters) - La-Z-Boy Inc said on Tuesday Chief Executive Kurt Darrow will retire in April and will be replaced by finance chief Melinda Whittington. Darrow, who has led the firm for 17 of his 40 years at the furniture maker, will remain its chairman in a non-executive role. Robert Lucian, vice president of finance at La-Z-Boy, will succeed Whittington as CFO, the company said. Reporting by Uday Sampath in Bengaluru; Editing by Arun Koyyur

Wall Street s SPAC craze scales new heights with record filings

By Reuters Staff 2 Min Read FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri/File Photo/File Photo (Reuters) - Richard Branson and Barry Sternlicht were among more than two dozen investor groups that filed with U.S. regulators on Friday to raise new blank-check acquisition companies, setting a new record. The 28 filings for new special purpose acquisition companies (SPACs) underscore their growing appeal on Wall Street. SPACs raised a record $82 billion last year, and the trend has gathered further steam in the early weeks of 2021. Overall, 144 SPACs have raised $45.7 billion so far this year, according to data from SPAC Research, with backers including high-profile investors, politicians and sports personalities.

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