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March 4, 2021

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Kohl’s says it added 2 million new customers in 2020, thanks to Amazon

CNBC
CNBC – For more and to sign up click here Amazon.com Inc. parking signage stands outside a Kohl’s Corp. department store in Huntington Beach, California, U.S., on Saturday, May 11, 2019. Kyle Grillot | Bloomberg | Getty Images Kohl’s said it added at least 2 million new customers last year......

DraftKings shares rise after reporting a beat on revenue, more growth in paying customers

CNBC
CNBC – For more and to sign up click here New England Patriots cornerback Stephon Gilmore (24) stretches during the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Shares of sports betting company DraftKings jumped as much as......

Bill would exempt Iowa public utilities from tax to decrease customers’ rates

WashingtonExaminer
USA TODAY – For more and to sign up click here Private corporations that provide water, sanitary sewage or storm water drainage service to the public may be exempt from state corporate income taxes. Bills currently considered by Iowa legislators would grant the tax exemption to corporations that provide the......

Customers and staff of gun store opened fire at shooter

TheHill
USA TODAY – For more and to sign up click here Joseph Choi Customers and staff at a New Orleans area gun shop and shooting range on Saturday opened fire on a shooter who killed two people in an incident in which the shooter also died.  The Associated Press reports that......

AOC wants Robinhood to give customers the profits from payment for order flow. Here’s what she’s talking about

CNBC
CNBC – For more and to sign up click here If Rep. Alexandria Ocasio-Cortez, D-N.Y., had her way, Robinhood customers would be getting more than just an apology from the trading app during Thursday’s congressional hearing on the recent GameStop trading restrictions.  During a hearing called by the House Financial Services Committee,......

Robinhood now faces roughly 90 lawsuits after GameStop trading halt—here’s how customers might actually get their day in court

CNBC
CNBC – For more and to sign up click here In the roughly three weeks since Robinhood restricted trading of certain securities, including GameStop, investors have filed more than 90 federal lawsuits generally claiming that the trading app’s actions were unfair and unlawful, court records reviewed by CNBC’s Make It......

Reflorish, a budding Black-owned floral studio, wants to help customers practice self-care

CBS News
CBS News – For more and to sign up click here When Effie Cudjoe was younger, her mother was convinced that she needed to like gardening. Both her grandmother’s home in Ghana and her mother’s home was filled with plants, a hobby Cudjoe’s mother was convinced would teach her about......

Angry customers show up at Robinhood’s headquarters in the wake of GameStop trading chaos

CNBC
CNBC – For more and to sign up click here Some Robinhood traders who can’t get in touch with customer service are trying another tactic: showing up at its front door. A handful of Robinhood’s clients have driven to the start-up’s headquarters in California, demanding to speak to a representative......

Robinhood eases trading limits on restricted stocks, customers can buy 100 GameStop shares now

CNBC
CNBC – For more and to sign up click here Trading information for GameStop is displayed on the Robinhood App as another screen displays the Robinhood logo in this photo illustration January 29, 2021. Brendan McDermid | Reuters Robinhood on Tuesday rolled back more of its trading limitations, now allowing......

Robinhood to continue trading limits on Monday, customers can still only buy one GameStop share

CNBC
CNBC – For more and to sign up click here The GameStop Corp. logo on a laptop computer and Robinhood application on a smartphone. Tiffany Hagler-Geard | Bloomberg | Getty Images Robinhood will continue to limit trading on Monday in short-squeeze names like GameStop that have experienced explosive rallies and......

Robinhood CEO says limited trade to protect firm and customers

Reuters
FILE PHOTO: Vlad Tenev, co-founder and co-CEO of investing app Robinhood, speaks during the TechCrunch Disrupt event in Brooklyn borough of New York, U.S., May 10, 2016. REUTERS/Brendan McDermid SINGAPORE (Reuters) – Online broker Robinhood restricted trade in about 13 highly volatile stocks such as GameStop and AMC Entertainment to......

Robinhood CEO says limited trade to protect firm and customers

Reuters
SINGAPORE, Jan 29 (Reuters) – The chief executive of brokerage app Robinhood said he made a “difficult decision” to restrict buying in more than a dozen volatile stocks, including GameStop and AMC Entertainment, to protect the company and its customers. “We absolutely did not do this at the direction of......

Robinhood CEO says it limited buying in GameStop to ‘protect the firm and protect our customers’

CNBC
CNBC – For more and to sign up click here Robinhood CEOs Baiju Bhatt and Vlad Tenev. Source: Robinhood This is a breaking news story. Check back for updates. Robinhood CEO Vlad Tenev spoke to CNBC’s Andrew Ross Sorkin Thursday evening. Amid a wild week of speculative retail trading, Robinhood......

Customers sue Robinhood Financial over stock trade suspensions

Reuters
(Reuters) – Two customers sued Robinhood Financial on Thursday over the online brokerage’s trading ban in GameStop and other high-flying stocks caught up in a retail buying frenzy that forced some prominent hedge funds to cover large short positions. According to court filings in the Northern District of Illinois and......

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