Yearly Archives: 2021

Angel Cabrera extradited to Argentina to stand trial

Angel Cabrera, a two-time major champion,was arrested in January in Brazil on various assault and theft charges. (Rey Del Rio/Getty Images) Former PGA Tour golfer Angel Cabrera was extradited from Brazil to Argentina on Tuesday so he can stand trial on , . Cabrera was arrested in Brazil in January on five years worth of charges, including assault, theft, illegal intimidation and repeated disrespect to authorities. Cabrera’s ex-wife, Silva Rivadero, allegedly filed multiple charges against… Source link

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Robinhood Markets Is Said to Now Target July for IPO

(Bloomberg) — Robinhood Markets Inc. is now looking to go public in July, after its plans for a listing as soon as this month slipped, according to people familiar with the matter. Robinhood wants to time its initial public offering so people will be back from July 4 holiday travel, said the people, who asked to not be identified because the matter isn’t public. A final decision hasn’t been made and Robinhood’s listing plans could change again, the people said. The popular trading app,… Source link

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Stock futures struggle for direction

Stock futures traded mixed Wednesday morning as investors considered more mixed data on the U.S. economic recovery and a resurgence in the social media-fueled “meme stocks.” Contracts on the S&P 500 ticked higher. The index closed out Tuesday’s regular session within half a percent of its all-time high, with traders searching for new catalysts to send the broader market higher. Worries over heightened inflation lingered, and concerns over supply-side shortages were fanned further after new… Source link

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BlackBerry (BB) Outpaces Stock Market Gains: What You Should Know

BlackBerry (BB) closed the most recent trading day at $15.80, moving +0.19% from the previous trading session. The stock outpaced the S&P 500’s daily gain of 0.02%. Coming into today, shares of the cybersecurity software and services company had gained 93.97% in the past month. In that same time, the Computer and Technology sector gained 2.08%, while the S&P 500 gained 0.04%. Investors will be hoping for strength from BB as it approaches its next earnings release. The company is expected to… Source link

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Advanced Micro Devices (AMD) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Advanced Micro Devices (AMD) closed at $80.89, marking a -0.57% move from the previous day. This change lagged the S&P 500’s daily gain of 0.02%. Heading into today, shares of the chipmaker had gained 7.05% over the past month, outpacing the Computer and Technology sector’s gain of 2.08% and the S&P 500’s gain of 0.04% in that time. Investors will be hoping for strength from AMD as it approaches its next earnings release. On that day, AMD is projected to report… Source link

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MicroStrategy Boosts Bitcoin-Linked Junk Bond to $500 Million

(Bloomberg) — MicroStrategy Inc. boosted the size of a junk-bond sale to fund the purchase of more Bitcoin, selling $500 million of notes on Tuesday that were the first of their kind in the high-yield market. The company received about $1.6 billion in orders for the offering, including interest from a large number of hedge funds, according to people with knowledge of the marketing process, who asked not to be identified discussing a private transaction. The strong interest comes amid a… Source link

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Oil Closes Above $70 a Barrel for First Time in Over Two Years

(Bloomberg) — Oil resumed its rally to top $70 a barrel in New York as investors grew more confident that accelerating vaccinations and easing travel restrictions will continue to boost demand. West Texas Intermediate futures surpassed the $70 mark to close at its highest since Oct. 2018 after briefly touching the key psychological level earlier this week. U.S. oil supplies fell 2.11 million barrels last week, the American Petroleum Institute was said to report. That would be the third… Source link

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Ohio sues Google, claims tech giant should be regulated as public utility

The state of Ohio filed suit against Google on Tuesday, claiming the tech giant should be regulated as a public utility due to its “discriminatory and anti-competitive” practices. The civil action, filed by Ohio Attorney General Dave Yost in Delaware County Common Pleas Court, does not seek monetary damages, but instead asks for Google to be declared a “common carrier” that could come under oversight from a body such as the state’s Public Utilities Commission. “Google uses its dominance of… Source link

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Officials resign over censored Memorial Day speech

Both organizers of a Memorial Day ceremony in Hudson, Ohio, have now resigned under pressure after they silenced a retired U.S. Army officer’s microphone while he was talking about how freed Black slaves honored fallen soldiers just after the Civil War. Video Transcript BARNARD KEMTER: 3,000 African-American schoolchildren singing the Union marching song, “John Brown’s Body.” They were carrying armfuls of flowers and went to decorate the graves. Interesting that there would be a tie back to… Source link

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Ohio’s attorney general wants Google to be declared a public utility.

Ohio’s attorney general, Dave Yost, filed a lawsuit on Tuesday in pursuit of a novel effort to have Google declared a public utility and subject to government regulation. The lawsuit, which was filed in a Delaware County, Ohio court, seeks to use a law that’s over a century old to regulate Google by applying a legal designation historically used for railroads, electricity and the telephone to the search engine. “When you own the railroad or the electric company or the cellphone tower,… Source link

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