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SEC Warns Robinhood for Possibly Violating Securities Laws With its Crypto Business Operations

Robinhood received a warning from the Securities and Exchange Commission regarding potential legal action over its cryptocurrency operations. This signals regulatory scrutiny, focusing on alleged violations of Sections 15a and 17a of the Securities Exchange Act of 1934.


Apple Supplier Foxconn Sees Surge in April Sales, Thanks to Strong iPhone Demand

Foxconn reports its highest-ever April revenue surge, with a nearly one-fifth increase compared to last year, driven partly by strong iPhone demand and diversification efforts.

Crypto Cybersecurity Group Launched to Stop Crypto Hacking

A cybersecurity group led by Justine Bone, known as Crypto ISAC, will now be in motion to prevent crypto hacking and other malicious activities, providing greater confidence to investors and users.

General Motors May Have to Leave China After Reporting $106 Million Loss in Just 3 Months

General Motors might need to leave China as losses mount to $106 million in just three months, the third time in 15 years.


Latest News

Bill Gates
The Bill & Melinda Gates Foundation, Novo Nordisk Foundation, and Wellcome Trust collaborated to solve global health concerns using science and technology.
Rue21 has announced that it will be shutting down all of its 540 locations in the coming weeks. Popular teens clothing retailer Rue21 is shutting all 540 of its locations in the the coming weeks as it declares bankruptcy after almost 50 years in operation.
American Businessman Accused of Hiring Hitman to Kill His Wife for Massive Insurance Money Admits Funneling Millions to Lover's Business
An American businessman is currently on trial in Jamaica for allegedly hiring a hitman to kill his wife to collect a massive life insurance payout.
gasoline
Global gasoline demand growth may half in 2024 due to a return to normal consumption after COVID-19 and a shift to electric cars in China and the US.
WestJet Starts Canceling Flights as It Prepares for Strike by Aircraft Maintenance Engineers
WestJet and its maintenance engineer union have agreed tentative deal, averting a work stoppage. A Westjet Boeing 737-800 taxies at Pearson Airport in Toronto, Ontario, on May 16, 2022.
CVS Pharmacy
A Florida Costco customer has filed a lawsuit against three pharmacies and their respective pharmacists, claiming that a pharmacist gave him Adderall, which put him into a psychotic state.
 Heineken Announces £39 Million Investment to Reopen 62 Closed UK Pubs
The focus of the investment will be on reopening 62 pubs that were previously closed and renovating 94 existing outlets.
Alipay+
Chinese fintech firm  Ant Group wants to expand globally by linking mobile payment apps with Alipay+.
Donald Trump, Republic National Committee Rake in Over $76 Million in April as Fundraising War With Joe Biden Heats Up
Former President Donald Trump's election campaign and the Republican National Committee (RNC) disclosed on Saturday that they collectively raised more than $76 million in April.
Twitter Founder Jack Dorsey Leaves BlueSky Board a Few Months After Deleting His Own Account on the Social Network
Twitter founder Jack Dorsey has left the board of Bluesky, the decentralized social media platform he co-founded.