Bloomberg Hedge-Fund Titans Lose Billions to Reddit Traders Running Amok (Bloomberg) — For once, Main Street is beating Wall Street.In a matter of weeks, two hedge-fund legends — Steve Cohen and Dan Sundheim — have suffered bruising losses as amateur traders banded together to take on some of the world’s most sophisticated investors. In Cohen’s case, he and Ken Griffin ended up rushing to the aid of a third, Gabe Plotkin, whose firm was getting beaten down.Driven by the frenzied trading… Source link
Read More »‘White people need to take responsibility’ to dismantle white supremacy, say Ben & Jerry’s founders
After last week’s chaos in the U.S. Capitol, Ben & Jerry’s issued a statement, that called the violence a “riot to uphold white supremacy.” “We must dismantle white supremacy and we have to understand that this is a white problem,” Ben & Jerry’s Ice Cream co-founder Ben Cohen told Yahoo Finance. “This is not a Black problem. This is a problem of us.” Cohen and co-founder Jerry Greenfield said white people need to “take responsibility” to change the country that treats… Source link
Read More »White Sox sign Liam Hendriks, top free agent closer
The Chicago White Sox have agreed to terms with closer Liam Hendriks on a three-year contract with an option for a fourth year, league sources said Monday. Hendriks is guaranteed $54 million whether the option is picked up or not. The deal, the largest yet in a slow-moving offseason market, is pending a physical. Hendriks, 31, had 14 saves for the Oakland A’s in the shortened 2020 season. He has 39 saves and a 1.79 ERA in the past two seasons — the best ERA of any pitcher with at least 75… Source link
Read More »Clearly White unlocked Google Pixel 4a 5G variant arriving to the US soon
Google surprised us when it launched three Pixel devices this year, but it also surprised some when it only released the Pixel 4a and 4a 5G in black models while the more expensive Pixel 5 got the Sage Green option. Eventually, a Clearly White variant would arrive as a Verizon-exclusive, and more recently a Barely Blue Pixel 4a arrived back in November. That Clearly White Pixel 4a 5G is now arriving to the US as an unlocked variant and will no longer be a Verizon-exclusive. The new… Source link
Read More »Jared Kushner played a key role in White House pardon ‘free-for-all’
WASHINGTON — President Trump’s son-in-law and top adviser, Jared Kushner, has played a key role in managing the avalanche of clemency requests that have come into the White House as the administration nears its end next month, according to multiple sources. With the holiday approaching, Trump has issued 65 pardons and commutations since Tuesday, including many that erased convictions and sentences for his allies, and more are expected in the coming days. President Trump departs the White… Source link
Read More »Pelicans coach Stan Van Gundy talks white privilege
New Orleans Pelicans coach Stan Van Gundy knows fighting social injustice and inequality can lead to some uncomfortable conversations. Van Gundy — who has used to Twitter account to speak out and educate others on racial and social issues — spoke about the difficulty of discussing white privilege with other white people in an interview with Marc J. Spears of The Undefeated. The key, according to Van Gundy, is explaining that just because a white person has privilege doesn’t mean that… Source link
Read More »Google’s YouTube white supremacist and Nazi problem overshadows report
A Google-funded report examines the relationship between white supremacists and the internet, but it makes scant reference — all of it positive — to YouTube, the company’s platform that many experts blame more than any other for driving people to extremism. The report, by Jigsaw, a “tech incubator” that has operated within Google for the last decade, draws from interviews with dozens of former extremists and describes how the internet is a breeding ground for hate groups. Study… Source link
Read More »White Sox’s Tony La Russa agrees to guilty plea in DUI case
Chicago White Sox manager Tony La Russa agreed to a guilty plea this week after his drunk driving arrest earlier this year in Arizona, according to The Athletic. La Russa — who was facing two charges of driving under the influence following his arrest — agreed on Wednesday to plead guilty to a charge of reckless driving. The lesser charge is a class 2 misdemeanor in Arizona, a step down from the initial driving under the influence charge. He will also be required to pay a $1,383 fine and… Source link
Read More »First lady faces backlash after unveiling tennis pavilion at the White House
Melania was accused of being tone deaf amid a pandemic Weeks before her family turns the White House over to President-elect Joe Biden, Melania Trump has announced that a new tennis pavilion on the south grounds is ready for action. The project included sprucing up an existing tennis court and children’s garden, in addition to building a pavilion to replace a smaller structure. The first lady’s office said on Monday that the pavilion’s design was inspired by the architectural style of the… Source link
Read More »White men lead NFL franchises because of ‘nepotism and cronyism’
TipRanks Billionaire Steven Cohen Pulls the Trigger on These 2 Penny Stocks Which stocks are either a fan favorite or a must-avoid? Penny stocks. These tickers going for less than $5 apiece are particularly divisive on Wall Street, with those in favor as well as the naysayers laying out strong arguments.These names are too appealing for the risk-tolerant investor to ignore. Given the low prices, you get more for your money. On top of this, even minor share price appreciation can translate to… Source link
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