India cuts off internet near Delhi as farmers begin hunger strike

SINGHU, India (Reuters) – India blocked mobile internet services in several areas surrounding New Delhi on Saturday as protesting farmers began a one-day hunger strike after a week of clashes with authorities that left one dead and hundreds injured.Slideshow ( 5 images )Angry at new agricultural laws that they say benefit large private buyers at the expense of producers, tens […]

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China's Xiaomi files legal complaint against U.S. Defense, Treasury over ban

FILE PHOTO: People wearing protective face masks visit Xiaomi brand’s store, amid the outbreak of the coronavirus disease (COVID-19) in Kyiv, Ukraine October 22, 2020. REUTERS/Valentyn OgirenkoSHANGHAI (Reuters) – Chinese smartphone maker Xiaomi Corp, which was placed on a Pentagon list of banned companies by the previous U.S. administration of Donald Trump, on Friday filed a legal complaint against the […]

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Colombia reaches COVID-19 vaccine agreements with Moderna, Sinovac

Slideshow ( 2 images )BOGOTA (Reuters) – Colombia has reached agreements for doses of COVID-19 vaccines developed by Moderna Inc and Sinovac Biotech Ltd and plans to begin a mass vaccination campaign on Feb. 20, President Ivan Duque said on Friday. The Andean country’s government aims have at least 1 million people vaccinated against the novel coronavirus by the end […]

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Silver Lake Scores $113 Million on AMC Stake Amid Reddit Rally

Silver Lake Management exited its equity stake in AMC Entertainment Holdings Inc., generating around $113 million after converting bonds to equity and selling the shares as the movie theater chain’s stock rallied. The private equity firm converted $600 million of 2.95% bonds to equity at a price of $13.51 a share, according to a regulatory filing Friday. It then sold […]

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GameStop rallies back as U.S. regulators eye wild trading

(Reuters) – The U.S. Securities and Exchange Commission waded into the battle between small investors and Wall Street hedge funds on Friday, warning brokerages and social-media traders it was on alert for any wrongdoing in this week’s roller-coaster trade. GameStop shares rallied again, awarding retail investors the advantage in the latest round of their week-long slugfest against major financial institutions […]

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Robinhood defends its app to regulators

What’s next for Robinhood after Gamestop stock price surge? Scott Martin of Kingsview Wealth Management and Future File legacy planning system creator Carol Roth provide their insights into how Wall Street and Robinhood have reacted to the Gamestop short squeeze. Robinhood Markets Inc. on Friday told Massachusetts regulators that it doesn't take advantage of inexperienced customers, capping a wild week […]

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Historic Week for GameStop Ends With 400% Rally as Shorts Yield

In its 19-year history on the U.S. stock market, GameStop Corp. has never experienced a journey like this — record volatility, multiple trading halts and an $18 billion boom in market value. The video-game retailer soared 400% this week even as brokerages including Robinhood Markets clamped down on retail trades that burned short sellers and hedge funds. Its shares have […]

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John Kerry's net worth: What to know

White House press secretary Psaki holds presser with John Kerry, Gina McCarthy-FBN undefined John Kerry is back in the public eye for his new role leading climate policy for the Biden White House, with a seat on the National Security Council. Continue Reading Below Kerry, the former secretary of state, lieutenant governor and senator from Massachusetts, and an unsuccessful 2004 […]

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