(Reuters) – At a grilling by lawmakers over the frenzied trading in retailer GameStop, Keith Gill, a YouTube streamer known as Roaring Kitty, hedge fund managers and the head of Robinhood and Reddit defended their actions.FILE PHOTO: Vlad Tenev, co-founder and co-CEO of investing app Robinhood, speaks during the TechCrunch Disrupt event in Brooklyn borough of New York, U.S., May […]

WASHINGTON (Reuters) – Wall Street hedge fund managers, the chief executives of Robinhood and Reddit, and a YouTube streamer known as Roaring Kitty were grilled on Thursday by U.S. lawmakers about the Reddit rally in shares of GameStop Corp. Some of Wall Street’s most powerful players, including billionaire Republican mega-donor and Citadel CEO Ken Griffin, made rare public defenses of […]

SAN FRANCISCO (Reuters) – The hackers behind the worst intrusion of U.S. government agencies in years won access to Microsoft’s secret source code for authenticating customers, one of the biggest vectors used in the attacks.FILE PHOTO: The SolarWinds headquarters are seen in Austin, Texas, U.S., December 18, 2020. REUTERS/Sergio FloresMicrosoft said in a blog post Thursday that its internal investigation […]

CANCUN, Mexico (Reuters) – U.S. Senator Ted Cruz flew into a storm of criticism on Thursday after leaving his home state of Texas, grappling with a deadly deep freeze, for a holiday jaunt to the Mexican resort city of Cancun.Slideshow ( 4 images )The 50-year-old Republican lawmaker cut his trip short after his travels were reported, stopping briefly in Cancun […]

NEW YORK (Reuters) – One area of focus from a U.S. House of Representatives panel on Thursday will likely be on the role short selling played in the GameStop market mayhem.FILE PHOTO: FILE PHOTO: Trading information for GameStop is displayed on the Robinhood App in this photo illustration January 29, 2021. REUTERS/Brendan McDermid/IllustrationExecutives from trading platform Robinhood and hedge funds […]

FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst(Reuters) – A new U.S. Securities and Exchange Commission official said the agency “should help lead” the creation of a disclosure system for environmental, social and governance (ESG) issues for corporations. John Coates, named acting director of […]

(Reuters) – Walmart Inc expects full-year sales and profit growth to slow as it reinvests in its business, after revenue soared to $560 billion last year as people stocked up on groceries during the pandemic.FILE PHOTO: Walmart shopping carts are seen on the parking lot ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 27, 2019. REUTERS/Kamil Krzaczynski/File PhotoThe […]

AMSTERDAM (Reuters) – A night-time curfew to fight the coronavirus looks set to remain in place in the Netherlands as most parties in parliament voiced support on Thursday for an emergency government bill which would circumvent a court order that the measure be dropped.file photo: Bicycles are parked on a bridge in Amsterdam after appellate judges ruled that a night-time […]