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Fat Brands stock craters after company, chair Andy Wiederhorn charged in $47 million 'sham' loan scheme
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Former ‘Love Island’ stars charged with promoting trading scheme on Instagram
UK’s Financial Conduct Authority accuses ‘finfluencers’ in social media crackdownFinancial Times - Business -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
Water company boss defends multi-million pay packet
The water firm made 60,000 sewage spills last year but insists river quality is improving.BBC News - Top stories -
Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market -
‘I racked up $45,000 in credit-card debt doing home repairs’: Should I refinance my $1.5 million house — or take out a personal loan to pay it off?
“We live in a very strong housing market in Los Angeles so we’re not worried about it losing value.”MarketWatch - Business -
Federal Reserve Chair Jerome Powell working from home after positive COVID-19 test
Federal Reserve Chair Jerome Powell has tested positive for COVID-19 and is experiencing symptomsABC News - Top stories - Federal Reserve -
Senate Banking chief calls on Biden to replace FDIC chair after sexual harassment probe
Senate Banking Committee Chair Sherrod Brown (D-Ohio) called on President Biden on Monday to replace the chair of the Federal Deposit Insurance Corporation (FDIC) in the wake of reports of a toxic workplace environment at the agency. Brown is the ...The Hill - Politics - Joe Biden -
Senate Banking Chair Sherrod Brown calls for new FDIC leadership after misconduct report
A recent report detailing a toxic culture at the FDIC described Chairman Martin Gruenberg as having a "temper" and a "short fuse."CNBC - Business -
Scottie Scheffler charged with assault after traffic stop outside US PGA
World No 1 released in time to play second round at ValhallaPlay delayed after pedestrian killed by shuttle bus near courseFollow live updates, plus news from round two of the US PGAThe most extraordinary chain of events in major history saw ...The Guardian - World -
Cathie Wood’s ETFs have been buying up stock in this online-gaming company
Roblox’s stock has tumbled in the wake of the company’s disappointing quarterly earnings report, but Cathie Wood’s ARK Invest seems to believe that makes them much more attractive.MarketWatch - Business
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Microsoft announces new PCs with AI chips from Qualcomm
Microsoft wants to deliver Windows PCs that can keep up with Apple's MacBooks on artificial intelligence performance and strong battery life.CNBC - Business - Microsoft -
JPMorgan CEO Jamie Dimon signals retirement is closer than ever
The ambiguity of Dimon's plans has made succession timing at JPMorgan one of the persistent questions for the bank's investors and analysts. He is 68.CNBC - Business -
Supreme Court Justice Alito sold Bud Light stock, then bought Coors during boycott
Samuel Alito sold AB InBev stock and bought Molson Coors on the same day, according to a financial transaction report on the Supreme Court justice.CNBC - Business -
Exxon faces opposition from CalPERS after 'devastating' anti-ESG activist suit
CalPERS is withholding its support for Exxon CEO Darren Woods after the company sued environmentally focused activist investors.CNBC - Business -
Shares of Hims & Hers Health surge 30% after startup says it will offer GLP-1 injections
The GLP-1 market has faced supply constraints in recent months as drugs like Ozempic and Wegovy continue to skyrocket in popularity.CNBC - Business