Robinhood and other retail brokerage firms generate revenue by way of high-volume merchants at the behest of customers. Photo: Andrew Herrer / Bloomberg News December 17, 2020 at 9:17 a.m. ET WASHINGTON – Robinhood Financial LLC has agreed to pay ula 65 million to end regulatory claims that it has …
Read More »China will pay 180 180 million in coffee to settle accounting-fraud claims
But coffee Inc. LKNCY 1.63% Has agreed to pay 180 180 million to end regulatory claims, which has made its books to make growth look stronger and meet earnings targets. Announcing the fines to the Securities and Exchange Commission on Wednesday, the Chinese company revealed that some of its executives …
Read More »U.S. Stock futures will wait for investors of economic data
Investors are waiting for stimulus talks, new guidance from the Federal Reserve and key economic data as US stock futures rebounded on Wednesday. Futures linked to the S&P 500 rose 0.2 percent, indicating that the broad market gauge could climb the second day after New York’s opening. Nasdaq-100 futures are …
Read More »Tech giants in Europe face new rules, backed by huge fines
European officials want new powers to oversee the internal affairs of large tech companies such as Facebook Inc., FB -0.55% The multibillion-dollar leer is backed by threats of fines as they seek to expand their role as global tech implementers. The European Union’s executive branch on Tuesday proposed two bills …
Read More »U.S. Stock futures rise on stimulus hops, vaccine rollout
U.S. Stock futures on Monday rose above optimism that talk of additional monetary stimulus is in progress and that the rollout of the Covid-19 vaccine could help stem the tide. Futures linked to the S&P 500 rose 0.7%, indicating that the broad-market index could reach a higher level after New …
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