E-Trade is debating whether to ban meme stock star Keith Gill from its platform, WSJ reports
E-Trade is having internal discussions about whether to ban Keith Gill — the meme stock trader who just disclosed a big position in GameStop — from the trading platform over concerns regarding potential market manipulation, The Wall Street Journal reported Monday. The brokerage, owned by Morgan Stanley, hasn’t reached a decision yet, the Journal said, citing people […]
Stocks making the biggest moves premarket: GameStop, Stericycle, MarineMax, Paramount and more
Check out the companies making headlines before the bell: GameStop, AMC Entertainment — GameStop soared more than 77% on speculation that Keith Gill, also known online as Roaring Kitty, has a stake in the company worth $116 million as of Friday’s close. AMC shares jumped about 25% on the renewed meme-stock craze. Waste Management, Stericycle — Shares of medical waste-disposal company Stericycle jumped 16% after Waste […]
5 ways to maximize your vacation days
Americans aren’t good at taking vacation. About 62% of workers say having a job with paid time off — for vacations or illness — is “extremely important” to them, more so than benefits like health insurance, a 401(k) plan or paid parental leave, according to a Pew Research Center report from 2023. However, 46% don’t use all the time off […]
Waste Management to acquire Stericycle in $7.2 billion deal
Waste Management will buy Illinois-based waste-disposal company Stericycle in a deal valued at about $7.2 billion, the companies announced Monday. Under the agreement, WM will acquire all outstanding shares of Stericycle for $62 per share in cash. This represents the deal’s total value when including Stericycle’s net debt of around $1.4 billion. The per-share price also represents a 24% premium […]
Bunq, the $1.8 billion European neobank, hopes to secure license for UK expansion this year
PARIS — Dutch digital bank Bunq is hoping it will manage to secure a banking license from U.K. financial regulators later this year or early next year, the firm’s CEO and founder Ali Niknam told CNBC. “I hope we’ll get somewhere by the end of the year, maybe early next year, because the U.K.’s processes […]
‘No quid pro quo’ between Trump and oil execs at Mar-a-Lago, Gov. Burgum says
North Dakota Gov. Doug Burgum – a potential pick to be former President Donald Trump’s running mate – is denying claims that the former president had told oil executives he’d reduce regulations if elected in exchange for helping him raise money to return to the White House. According to the Washington Post, Trump told a few of the country’s top oil […]
GameStop shares rise 21% — close well off highs — as ‘Roaring Kitty’ posts account with $116 million
Meme stock GameStop rallied again Monday on speculation that Keith Gill, the man who inspired 2021′s epic short squeeze, could have a huge position in the video game retailer. Shares closed up 21% to $28 a share. It had jumped more than 70% at the open, but closed well off the highs. Gill, who goes by DeepF——Value on […]
Italy is bracing for a record wave of tourists, but is having trouble handling them
Bellagio, Lake Como, Italy — When boat drivers start complaining about the tourists overrunning this famous lakeside resort, where Taylor Swift and Travis Kelce stayed at the Villa Sola Cabiati in Tremezzo two weeks ago after her series of Paris concerts, you know you have a problem. “There are days when traffic comes to a […]
Why job skills could make or break your next interview
Many companies are pivoting to a new form of hiring that emphasizes applicants’ skills over more traditional metrics, such as education or years of experience, according to recent reports and data. The share of U.S. online job postings that list a specific requirement for employment tenure has fallen by 10 percentage points, to 30%, in the two years through […]
Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’
When Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to give Americans a new way to save money to help them cushion the ups and downs of life. Instead, his company has inadvertently been a source of deep pain for thousands of customers who relied on Yotta accounts to receive paychecks, pay bills and save for emergencies. […]