India's market regulator on 4 July barred Jane Street from trading and froze $567 million of its funds for manipulation of stock indexes through derivative positions.
The S&P 500 closed in negative territory, and megacap momentum stocks dragged the tech-heavy Nasdaq down more than 1%, while defensive stocks helped keep the Dow modestly green.
Private-equity billionaire Leon Black is fighting to defend his reputation after a former model, who’s about 30 years younger than the father of four, accused him of assaulting her.
WallStreetBets’ members, or ‘100s of mini Mike Tysons’, together yielded enough power to cause billions of dollars in losses to established financial firms.
What has been colourfully and accurately labelled as the 'uprising of the little guys' reflects the confluence of information platforms, data, and easy-to-use products and trading apps.
What was a dying, outdated company just a year ago became a highly valued stock within a matter of days, turning GameStop into a case study on short trading.
With the major aspects of the immediate incident covered, the six reporters on the ground set about sending back stories as the smoke from the debris lifted and a clearer picture of the site emerged.
Once acquired by IAF, the medium transport aircraft (MTA) will replace both AN-32s and IL-76s, it is learnt. The idea behind the revamp is to meet modern operational needs.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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