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Robinhood Fallout Sweeps Market After $1 Billion Lifeline

Robinhood Fallout Sweeps Market After $1 Billion Lifeline Bloomberg 1/29/2021 Annie Massa, Misyrlena Egkolfopoulou, Michelle F. Davis and Matthew Monks © Bloomberg The Robinhood website home screen on a smartphone arranged in the Brooklyn borough of New York, U.S., on Saturday, Dec. 19, 2020. Robinhood Markets will pay $65 million to settle allegations that it failed to properly inform clients it sold their stock orders to high-frequency traders and other firms, putting a major compliance headache behind the brokerage even as new ones emerge. (Bloomberg) The Reddit hordes were at it again Friday, once again bidding up shares of GameStop Corp. and warring with hedge funds by seeking out targets such as Siebert Financial Corp. and Twinkie maker Hostess Brands Inc.

Year in Review: Top Supplier News of 2020

Molson Coors Beverage Co. is teaming with next-generation beverage company L.A. Libations to launch a new slate of non-alcoholic drinks as part of its efforts to expand beyond the beer aisle and reach more consumers in search of better-for-you beverages. The rollout is part of the company s intention to leverage the competitive strengths of its foundation in beer to grow in new spaces. Drug Store Products acquired Mechanical Servants LLC, which does business as Convenience Valet, to combine the resources of two point-of-need consumer products companies. By combining our strengths, we can better reach the millions of consumers who look for immediate solutions for health and well-being at the point of need when traveling, said Steve Jungmann, president and CEO of Convenience Valet.

Stock picks to buy for 2021: JPMorgan s top 43 earnings growth names

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Multiple stock-market experts are predicting that value stocks will perform well in 2021 after a prolonged period of underperformance. But the show isn t over for growth: with the path ahead for the economic recovery seemingly clear, some growth stocks will see the economic momentum needed to fuel their earnings upward. JPMorgan shares their top 43 growth stock picks heading into the new year. Despite the economic carnage caused by the worldwide COVID-19 outbreak, US stock indices have soared to all-time highs. That s mostly thanks to mega-cap tech firms, which have seen astonishing appreciation as work, school, and shopping have moved largely online.

Business executives no longer spooked by pot jobs

By Tiffany Kary Bloomberg Professionals used to shy away from jobs in the marijuana industry or at least keep them hush-hush. Now, the tables have turned. Liesl Bernard, chief executive of San Diego-based CannabizTeam, which places both managers and temps at cannabis companies, said she used to have to “beg people to take a chance on cannabis” when she started her business in 2016. Executives were concerned that working with marijuana, which is illegal on the federal level in the U.S., could cause them to lose professional licenses in areas such as accounting or law. This year, her firm placed TerrAscend Corp.’s new Chief Financial Officer Keith Stauffer, who previously worked at Coty Inc. and Hershey Co.

Ding Dongs | Benzinga

Ding Dongs | Benzinga
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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