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Robinhood Markets is cutting about 7% of its full-time staff, the online brokerage's third round of layoffs in just over a year as the company adjusts to a slowdown in customer trading activity. ...
MARKET WRAPS Watch For: Durable Goods for May, S&P CoreLogic Case-Shiller Home Price Index for April, New Home Sales for May, Conference Board Consumer-Confidence for June; Canadian CPI for May; earnings from Jefferies, Korn Ferry, Walgreen...
Fortress, which also owns Majestic Wines, closed a £1bn deal to buy Punch Pub Group one of the UK's biggest chains with over 1,300 pubs.
The 1,300-strong pub group Punch Pubs has been acquired by Fortress Investment Group.
The Laine Pub & Brew Co has also been snapped up by US-bank Fortress Investment Group as part of its acquisition of assets from Patron Capital & May Capital.