US SEC fines 9 investment firms over marketing rule failures
WASHINGTON The U.S. Securities and Exchange Commission on Monday ordered nine investment advisory firms to pay a combined
2023-09-12 05:51
'Dumb Money' goes all in on the GameStop stock frenzy — and may come out a winner
Think of movies about the financial system and your mind is almost sure to go to Gordon Gekko and “Wall Street” or Leonardo DiCaprio’s gyrating Jordan Belfort in “The Wolf of Wall Street.”
2023-09-12 05:26
US Allows Release of $6 Billion to Iran Before Prisoner Swap
The US cleared the way for $6 billion in oil proceeds to be returned to Iran and agreed
2023-09-12 05:24
Spicy food challenges have a long history. Have they become too extreme?
A tortilla chip maker’s decision to pull its extremely spicy product sold as a “One Chip Challenge” from store shelves following the death of a Massachusetts teen has renewed attention on the popularity — and risks — of similar dares marketed by brands and spread widely online
2023-09-12 05:20
DraftKings apologizes for 9/11-themed 'Never Forget' parlay bet
The wager, bearing the title "Never Forget," was a parlay bet that the New York Mets, New York Yankees, and New York Jets would win their respective games on September 11. DraftKings apologized and said it respects the "significance of this day."
2023-09-12 04:57
California fast food workers to get $20 minimum wage under new deal between labor and the industry
Most fast food workers in California would get a raise next year under a new bill in the state Legislature
2023-09-12 04:46
Bank of America says Q3 investment banking fees down 30%-35% for sector
NEW YORK Investment banking fees are down 30% to 35% in the third quarter from a year earlier
2023-09-12 04:21
Cybersecurity 'issue' prompts computer shutdowns at MGM Resorts properties across US
Casino and hotel giant MGM Resorts International says a cybersecurity issue led to the shutdown of computer systems at its properties across the U.S. A statement Monday from the Las Vegas-based company said the incident began Sunday and the extent of its effect on reservation systems and casino floors was not immediately known
2023-09-12 03:55
Nike faces calls to pay garment workers ahead of annual shareholder meeting
By Katherine Masters NEW YORK More than a dozen investors are calling on Nike to pay garment workers
2023-09-12 03:53
Explosion and fire injures 8 workers at Illinois soybean processing plant
An explosion and fire at an soybean processing facility in Illinois has injured eight employees and sent a tower of smoke into the air
2023-09-12 02:50
US approves updated COVID vaccines to rev up protection this fall
U.S. regulators have approved updated COVID-19 vaccines from Pfizer and Moderna, shots aimed at revving up protection this fall and winter
2023-09-12 02:18
As US East Coast ramps up offshore wind power projects, much remains unknown
As the U.S. races to build offshore wind power projects that will transform coastlines from Maine to South Carolina, much remains unknown about how the facilities could affect the environment
2023-09-12 01:15