Robinhood to face U.S. market manipulation allegations over ‘meme stock’ rally, judge rules

Robinhood to face U.S. market manipulation allegations over ‘meme stock’ rally, judge rules

The logo of Robinhood Markets, Inc. is seen during a pop-up event on Wall Street following the company’s IPO in New York, U.S., July 29, 2021. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register Aug 11 (Reuters) – Equity trading platform Robinhood Markets Inc (HOOD.O) is facing allegations of market manipulation over … Read more

US gasoline prices fall below $4 for the first time since March

US gasoline prices fall below  for the first time since March

Gasoline demand has fallen this summer Low-income households spend less as prices fall US retail price hit record high in June Aug 11 (Reuters) – The average U.S. retail gasoline price fell below $4 a gallon on Thursday for the first time in months, providing relief to drivers of the world’s biggest consumer of fuel … Read more

Musk seeks to interview Twitter employees who count bots -source

Musk seeks to interview Twitter employees who count bots -source

An image of Elon Musk is seen on a smartphone atop printed Twitter logos in this illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Aug 10 (Reuters) – Elon Musk’s legal team demands that Twitter Inc. hand over the names of employees responsible for calculating the percentage … Read more

Disney overtakes Netflix on streaming subscribers and sets higher prices

Disney overtakes Netflix on streaming subscribers and sets higher prices

LOS ANGELES, Aug 10 (Reuters) – Walt Disney Co (DIS.N) has edged out Netflix Inc (NFLX.O) with a total of 221 million streaming customers and said it will raise prices for customers who want watch Disney+ or Hulu without ads. The media giant will increase the monthly cost of ad-free Disney+ by 38% to $10.99 … Read more

Wall Street rally lifts Nasdaq 20% from low as inflation fears to ebb

Wall Street rally lifts Nasdaq 20% from low as inflation fears to ebb

Traders work on the floor of the New York Stock Exchange (NYSE) in Manhattan, New York, U.S., August 8, 2022. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register The Fed is now expected to achieve a 50 basis point hike in September Consumer price growth slows in the United States in July … Read more

Musk sells Tesla shares worth $6.9 billion, cites possibility of forced deal on Twitter

Musk sells Tesla shares worth .9 billion, cites possibility of forced deal on Twitter

Tesla CEO Elon Musk attends the groundbreaking ceremony for the Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register Aug 10 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk has sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds … Read more

Tesla’s July sales of Chinese-made vehicles fall due to factory line upgrades

Tesla’s July sales of Chinese-made vehicles fall due to factory line upgrades

Chinese-made Tesla Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo Join now for FREE unlimited access to Reuters.com Register SHANGHAI, Aug 9 (Reuters) – Tesla (TSLA.O) sold 28,217 Chinese-made vehicles in July, nearly two-thirds less than a month earlier, as a planned … Read more

Hollywood actress Anne Heche in a coma after a violent car accident

Hollywood actress Anne Heche in a coma after a violent car accident

Anne Heche attends the premiere of the film ‘The Tender Bar’ at the TLC Chinese Theater in Los Angeles, California, U.S., December 12, 2021. REUTERS/Aude Guerrucci Join now for FREE unlimited access to Reuters.com Register LOS ANGELES, Aug 8 (Reuters) – Hollywood actress Anne Heche remained hospitalized in critical condition, in a coma and on … Read more

COVID lockdown turns China’s tourist hotspot Sanya into a nightmare for stranded tourists

COVID lockdown turns China’s tourist hotspot Sanya into a nightmare for stranded tourists

BEIJING/SHANGHAI, Aug 7 (Reuters) – When Chinese businesswoman Yang Jing was planning this year’s summer vacation in 2021, she chose the tropical southern island of Hainan because of its near-perfect COVID history . The South China Sea island has recorded only two symptomatic positive cases of COVID-19 in the past year. Fast forward to this … Read more

Tata Motors to buy Ford India manufacturing plant for $91m

Tata Motors to buy Ford India manufacturing plant for m

Tata Motors logos are pictured outside their flagship showroom in Mumbai May 28, 2013. Picture taken May 28, 2013. REUTERS/Vivek Prakash Join now for FREE unlimited access to Reuters.com Register Aug 8 (Reuters) – Tata Motors Ltd (TAMO.NS) on Sunday signed a deal to buy Ford Motor’s manufacturing plant in the western state of Gujarat … Read more