Tag Archives: cashing

College athletes start cashing in as new rules ‘fundamentally change’ landscape

Student-athletes in various states are already profiting from their name, image, and likeness (NIL) after new state and national rules marked a massive shift in college sports. The National Collegiate Athletic Association (NCAA) approved an interim policy that allowed college athletes to monetize their NIL for the first time beginning on July 1, 2021, following various states that passed legislation allowing the same. “This is huge,” Kam Buckner, a Democratic member of the Illinois House… Source link

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AMC Executives Take Home Millions by Cashing In on Share Surge

(Bloomberg) — AMC Entertainment Holdings Inc. executives and directors sold $8 million in shares of the theater chain Thursday, cashing in on the soaring price of the most-popular meme stock. Two board members and four executives sold at near record prices, following an eye-popping surge in the stock this week, regulatory filings on Friday showed. Among them were Gary Locke, a former Chinese ambassador who is up for re-election to the board at the company’s July 29 annual general meeting,… Source link

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Google, Facebook, Twitter CEOs accused of cashing in at kids’ expense in heated hearing

Things got personal Thursday during a virtual Congressional hearing to elicit testimony about misinformation online from three of the world’s most powerful CEOs, with lawmakers demanding to know what concerns Facebook’s CEO Mark Zuckerberg, and Alphabet’s CEO Sundar Pichai, had about social media’s impact on their own children. The issue of protecting children’s welfare, and particularly mental health, emerged as a major theme at the hearing before the House Energy & Commerce… Source link

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Powerball winner from Maryland should remember this investing tip before cashing the $730 million ticket: expert

TipRanks 2 “Strong Buy” Penny Stocks That Could See Outsized Gains Well, it’s official. Joe Biden is now President, and he’ll be backed – at least for the short term – by Democratic majorities in both Houses of Congress. Wall Street is taking the measure of the new Administration, and sees, among its first moves, a boost in fiscal stimulus that is likely to goose consumer spending, bump corporate profits, and provide general economic support in the first half of 2021. Covering the… Source link

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Amazon CEO Jeff Bezos cashing in on pandemic at workers’ expense is ‘immoral,’ says Rep. Tlaib

While the coronavirus pandemic has plunged the global economy into a crisis, Amazon has been one of its biggest beneficiaries. That success has drawn condemnation by more than 400 politicians from around the world, including France, the UK, and the U.S. World leaders have accused Amazon CEO Jeff Bezos, the world’s richest man, of “acting with impunity” by pocketing profits while “dodging and dismissing [his] debts to workers, societies, and the planet” in a recent scathing open… Source link

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