Robinhood Raises $1B Amid GameStop Firestorm
The stock trading app company also accessed $500 million through existing credit lines.
Cryptocurrency Crime Fell Last Year
A report by CipherTrace finds that losses from cryptocurrency theft fell 57% in 2020.
IMF More Optimistic on Global Growth
The latest World Economic Outlook revised growth estimates but warned pandemic risks remain.
Anheuser-Busch Pulls Budweiser Super Bowl Ads
The beer giant said it would redirect funds to vaccine outreach.
Instacart Fires Workers Who Formed Union
The job cuts are part of a wider round of layoffs that will affect more than 1,800 in-store shoppers.
Sequoia Holdings to Offer Cryptocurrency Payments to Employees
The new program would allow employees to defer portions of their salaries into bitcoin, bitcoin cash, or Ethereum.
Trump Pardons Ex-Google Engineer
Anthony Levandowski, a pioneer in autonomous vehicles, was found guilty of what one judge called "the biggest trade secret crime I have ever seen."
Office Depot Rejects Takeover Bid While MGM Won’t Up Entain Offer
The office-supply chain suggested it was open to a joint venture with its rival Staples.
U.S. Retail Sales Fall for Third Consecutive Month
"The further slump in retail sales in December confirms that the continued surge in coronavirus infections is now weighing heavily on the economy."
Unemployment Claims Jump
“This reminds us that the economic crisis has not gone away, far from it, at a time when multiple crises have been vying for our attention.”